DUBLIN--(BUSINESS WIRE)--The "Electrochromic Materials Market Report" report has been added to ResearchAndMarkets.com's offering.
The global electrochromic materials market size is forecast to reach $1,910.3 million by 2025, after growing at a CAGR of 6.9% during 2020-2025.
With the rise in glass and film consumption in various end-use industries, the market for electrochromic materials is experiencing an increase in demand. Over the projected period, growing public interest in UV-light radiation tolerant glass and films would further boost overall industry demand for electrochromic materials. Furthermore, the stringent CO2 regulations in various countries are pushing hard the automobile manufacturers to manufacture light-weight vehicles with better energy performances, which are influencing electrochromic materials market and are estimated to overall increase the growth of the electrochromic materials industry over the forecast period.
The rising construction industry and its developments are expected to increase the demand for electrochromic materials in smart glass windows application that is further anticipated to boost the electrochromic materials market in the projected period.
Furthermore, rising technological advancement and increasing the use of smart glass windows in airplanes are anticipated to boost the use of smart glass windows in the upcoming years. For instance, the rising use of the Boeing 787 Dreamliner aircraft that uses electrochromic windows and requires the darkening of an outside power source will drive the demand for smart glass windows which will further boost the electrochromic materials market growth.
Also, as a promising color display technology, electrochromic displays have been the subject of extensive research. Nanocavity structures are used for the latest state-of-the-art inorganic multicolor electrochromic displays that sacrifice clarity and thereby limit their diverse applications.
Due to COVID-19 palindrome, electrochromic materials, customer shutdowns, record declines in consumer spending, and lack of capital expenditures are trends all having a negative impact on the markets. Within the broad scope of industrial segments, markets related to automotive and construction have been notably impacted.
Market Dynamics
Drivers
- Increasing adoption of nanoparticles in electrochromic materials
- The development of low-cost electrochromic materials
Challenges
- Draw back in conventional materials and their High processing cost
- Electrochromic Materials Market Landscape
Acquisition/Product Launches
In June 2020, AGC, Inc., has launched its light control glass,'WONDERLITETM Dx', that is adopted for the panoramic sunroof of Toyota's new Harrier.
Key Topics Covered:
1. Electrochromic Materials Market- Market Overview
1.1 Definitions and Scope
2. Electrochromic Materials Market- Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by Material
2.3 Key Trends by Application
2.4 Key Trends by End Use
2.5 Key Trends by Geography
3. Electrochromic Materials Market- Landscape
3.1 Comparative analysis
3.1.1 Market Share Analysis- Top Companies
3.1.2 Product Benchmarking- Top Companies
3.1.3 Top 5 Financials Analysis
3.1.4 Patent Analysis- Top Companies
3.1.5 Pricing Analysis
4. Electrochromic Materials Market- Market Forces
4.1 Market Drivers
4.2 Market Constraints
4.3 Market Opportunities
4.4 Porters five force model
4.4.1 Bargaining power of suppliers
4.4.2 Bargaining powers of customers
4.4.3 Threat of new entrants
4.4.4 Rivalry among existing players
4.4.5 Threat of substitutes
5. Electrochromic Materials Market-Strategic analysis
5.1 Value chain analysis
5.2 Opportunities analysis
5.3 Market life cycle
5.4 Suppliers and distributors Analysis
6. Electrochromic Materials Market- By Material (Market Size -$Million)
6.1 Metal Oxides
6.2 Viologens
6.3 Conducting Polymers
6.4 Prussian Blue
6.5 Others
7. Electrochromic Materials Market- By Application (Market Size -$Million)
7.1 Automotive Rear View Mirrors
7.2 Smart Glass Windows
7.3 Displays
7.4 Others
8. Electrochromic Materials Market- By End Use (Market Size -$Million)
8.1 Automotive and Transportation
8.2 Electrical and Electronics
8.3 Building and Construction
8.4 Aerospace and Defense
8.5 Others
9. Electrochromic Materials Market- By Geography (Market Size -$Million)
9.1 North America
9.1.1 U.S.
9.1.2 Canada
9.1.3 Mexico
9.2 South America
9.2.1 Brazil
9.2.2 Argentina
9.2.3 Colombia
9.2.4 Rest of South America
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 U.K.
9.3.4 Italy
9.3.5 Spain
9.3.6 Belgium
9.3.7 Netherlands
9.3.8 Denmark
9.3.9 Rest of Europe
9.4 Asia Pacific (APAC)
9.4.1 China
9.4.2 Japan
9.4.3 South Korea
9.4.4 India
9.4.5 Australia
9.4.6 Taiwan
9.4.7 Malaysia
9.4.8 Rest of APAC
9.5 Rest of World
9.5.1 Middle East
9.5.1.1 UAE
9.5.1.2 Saudi Arabia
9.5.1.3 Rest of Middle East
9.5.2 Africa
9.5.2.1 South Africa
9.5.2.2 Rest of Africa
10. Electrochromic Materials Market- Entropy
10.1 New Product Launches
10.2 M&A's, Collaborations, JVs and Partnerships
11. Electrochromic Materials Market- Company Analysis
For more information about this report visit https://www.researchandmarkets.com/r/xhv4yx
