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Leuco Dye Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Leuco Dye Market- (By Type – Touch Activated and Cold Activated; By Color – Black, Blue and Others; By Application- Hair Color, Thermal Paper, Carbonless Paper, PH Indicator, Promotional Application, Product Labelling, Game Pieces, Packaging, Security Printing, Battery Testers and Others; By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 28-Feb-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0222153
    Delivery: 2 to 4 Hours
Leuco Dye Market

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Report AttributeDetails
Market Size Value in 2021US$ 354.4 Mn
Expected Revenue in 2027US$ 522.3 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
Segments coveredBy Type, Color, Application, Price Tier, and Region
Key CompaniesChameleon Specialty Chemicals, Connect Chemical, Hebei Jianxin Chemical, Hodogaya Chemical,  and other prominent players.
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Global Leuco Dye Market is projected to grow at a CAGR of 6.7% during the forecast period 2022-2027.

Leuco dye-based thermochromic inks are specialized dynamic inks that has the property to change the color when gets heated or cooled or changes color with a change in temperature.

The life expectancy of leuco dye is short due to the direct contact with some solvents, sunlight (Ultraviolet exposure) or very high temperature applications.

The size of the global leuco dye market in 2021 was US$ 354.4 Million. 

The global leuco dye market is driven by rising adoption of leuco dye based thermochromic inks and rising demand for leuco dye in smart packaging application.

Type, color, application and price tier are the different segments of the global leuco dye market.

Leuco dye have major applications in thermal paper, hair color, carbonless paper, PH indicator, promotional application, product labelling, game pieces, packaging, security printing, battery testers and others.

Leuco dye are expensive as compared to conventional inks and other colorants, hampers the growth of the global leuco dye market over the forecast period.

Poland is expected to project a fastest CAGR in the Europe leuco dye market during the forecast period.

Based on color, black segment is estimated to have the highest market share during the forecast period.

Europe holds a major share in term of revenue in the global leuco dye market in 2021.

Chameleon Specialty Chemicals, Connect Chemical, Hebei Jianxin Chemical, Hodogaya Chemical, TMC Hallcrest, Yamada Chemical, Kolorjet Chemicals, Nagase and Co, Sadhana Nitro Chem Ltd and Spectrum Chemical MFG Corp. among others are some major players of the global leuco dye market.