Increasing demand for smart packaging applications is expected to drive Thermochromic Materials Market by 2024
The market size of thermochromic materials is estimated to be USD 1.3 billion in 2019 and is projected to reach USD 2.1 billion by 2024, at a CAGR of 9.5%. Thermochromic materials have found most of their applications in food & beverage packaging, as smart packaging provides consumers with the information about the current temperature of the product and ascertain the quality of frozen meat and...