Lewes, DE -- (SBWIRE) -- 12/27/2018 -- Global Electrochromic Materials market will register a 7.2% CAGR in terms of revenue, reach US$ 2300 million by 2023, from US$ 1520 million in 2017.

This report studies the Electrochromic Materials market, Electrochromic materials have the property of a change, evocation, or bleaching of color as effected either by an electron-transfer (redox) process or by a sufficient electrochemical potential. The main classes of electrochromic materials are surveyed here, with descriptions of representative examples from the metal oxides, viologens (in solution and as adsorbed or polymeric films), conjugated conducting polymers, metal coordination complexes (as polymeric, evaporated, or sublimed films), and metal hexacyanometallates. Examples of the applications of such electrochromic materials are included. Other materials aspects important for the construction of electrochromic devices include optically transparent electrodes, electrolyte layers, and device encapsulation. Commercial successes, current trends, and future challenges in electrochromic materials research and development are summarized.

Electrochromic Materials can be used in Automobile Rearview Mirror, Smart Window, Display, Defense and Others, Automobile Rearview Mirror is the largest consumer of Electrochromic Materials in nowadays. Consumption volume from Automobile Rearview Mirror industry reached to 11597.5 K sq.ft in 2017, contributing 59.18% market share.

North America has become the largest manufacturer and consumer of Electrochromic Materials. In 2017, North America produces 18738.9 K sq.ft Electrochromic Materials. The follower is Europe, whose production volume was 297.5 K sq.ft. Since Electrochromic Materials are mainly used in Automobile Rearview Mirror industry, the targeted clients of Electrochromic Materials industry distributes in countries, where Automobile Rearview Mirror industry is promising.

Price of Electrochromic Materials is influenced by raw materials deeply. Then price fell down slowly from 2013 to 2017, keeping consistent with raw materials' price fluctuations. Electrochromic Materials manufacturers should pay close attention to the Electrochromic Materials raw material market.

Over the next five years, study projects that Electrochromic Materials will register a 7.2% CAGR in terms of revenue, reach US$ 2300 million by 2023, from US$ 1520 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrochromic Materials market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Organic Dyes
Conducting Polymers
Metal Oxides

Segmentation by application:
Automobile Rearview Mirror
Smart Window
Display
Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Gentex Corporation
Saint-Gobain (Sage Glass)
View
ChromoGenics
EControl-Glas
PPG Industries
Gesimat
Ricoh
GSI Technologies (NTERA)
Zhuzhou Kibing
Ningbo Miro Electronic Technology
Zhuhai Kaivo Optoelectronic Technology
Changzhou Yapu Smart Variable Color Optics
Asahi Glass Co
Hitachi Chemical
Nikon Corp

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Electrochromic Materials consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Electrochromic Materials market by identifying its various subsegments.
Focuses on the key global Electrochromic Materials manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electrochromic Materials with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electrochromic Materials submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 163 pages "Forecast of Global Electrochromic Materials Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Electrochromic Materials by Players, Electrochromic Materials by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Electrochromic Materials Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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