24/7 Customer Support

Leuco Dye Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Leuco Dye Market- By Type (Touch Activated and Cold Activated); Color (Black, Blue and Others); Application (Hair Color, Thermal Paper, Carbonless Paper, PH Indicator, Promotional Application, Product Labelling, Game Pieces, Packaging, Security Printing, Battery Testers and Others); Region—Industry Dynamics, Market Size and Opportunity Forecast, 2031

  • Published Date: Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0222153  | Delivery: 2 to 4 Hours
Leuco Dye Market

View Full Infographic


Report AttributeDetails
Market Size Value in 2022US$ 376.4 Mn
Expected Revenue in 2031US$ 676.9 Mn
Historic Data2018-2021
Base Year2022
Forecast Period2022-2031
UnitValue (USD Mn)
Segments coveredBy Type, By Color, By Application, By Price Tier, By Region
Key Companies                                                                      Anyang General Chemical, Chameleon Speciality Chemicals, Connect Chemical, ESCO Company, Hebei Jianxin Chemical, Hodogaya Chemical, Kolorjet Chemicals, Nagaseand Co., Sadhana Nitro Chem, Shouguang Fukang Pharmaceutical, Spectrum, TMC Hallcrest, Yamada Chemical, Yamamoto Chemicals, Inc., Other Prominent Players
Customization ScopeGet your customized report as per your preference. Ask for customization


Global Leuco Dye Market is projected to grow at a CAGR of 6.7% during the forecast period 2023-2031.

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 2022 was US$ 376.4 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 2022.

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.