Temperature Sensitive Coating Market Worth USD 362.8 Million by 2024 – Rising Product Demand in Household Sector – Research and Markets

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Research and Markets has announced the addition of the “Temperature Sensitive Coating Market Forecast to 2024” report to their offering.

The global temperature sensitive coating market value is expected to reach USD 362.8 million by 2024, according to this report.

Growing applications scope in traffic road marking and the automotive industry is expected to drive product demand over the forecast period. Temperature sensitive coating has been widely used in thermometer labels including fridge, nursery, forehead and aquarium thermometers.

Rising product demand in the household sector, particularly in economies such as Brazil, India, China and Vietnam owing to growing consumer disposable income, is expected to drive the market growth over the next eight years.

Reversible temperature sensitive coating dominated the global demand and accounted for over 65% of total volume in 2015. This trend is anticipated to continue over the forecast period on account of rising demand from the various application such as textiles, room & refrigeration thermometers, food quality indicators, promotional items, forehead thermometers, temperature sensitive plastics & mugs, and toys.

Europe was the leading temperature sensitive coating consumer and accounted for 37.9% total global demand in 2015. Favorable government regulations mandating the use of temperature sensitive labels in the pharmaceutical sector has contributed towards regional dominance.

Companies Profiled:

• CAPGO
• LCR Hallcrestl
• LA-CO Industries
• B&H Colour Change
• TIP Temperature Products
• Lakfbriek Korthals BV
• SFXC
• Good Life Innovations, Ltd.

Key Topics Covered:

1 Methodology & Scope

2 Executive Summary

3 Temperature Sensitive Coating Industry Outlook

4 Temperature Sensitive Coating Product Outlook

5 Temperature Sensitive Coating Application Outlook

6 Temperature Sensitive Coating Regional Outlook

7 Competitive Landscape

For more information visit http://www.researchandmarkets.com/research/5t9mdh/temperature

View source version on businesswire.com: http://www.businesswire.com/news/home/20160628006134/en/

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