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Thermochromic Materials Market: Manufacturers Leverage Product Differentiation to Bolster Positions

Prominent manufacturers in the global thermochromic materials market are OliKrom, Good Life Innovations Ltd, Matsui International Company, QCR Solutions Corp., New Color Chemical Co., Hali Industrial Co. Ltd., LCR Hallcrest, Ltd (NCC), Gem’innov, Smarol Industrial Co. Ltd., CTI (Chromatic Technologies), and L’Arca Srl. There is solid competition among the players in the global thermocromic materials market. One of the key strategies adopted by manufacturers to beat competition is product differentiation. Use of special effect inks such as thermochromic and photochromic inks is in line with latest marketing trends that emphasizes upon consumer and brand intercativity. As per a report by Transparency Market Research, the global market for thermochromic materials will clock a solid 9.3% CAGR from 2017 to 2025 to become worth US$2.174 bn in 2025 from US$.988 bn in 2016. Browse Market Research Report @  http://www.transparencymarketresearch.com/thermochromic-materials...