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Plasmonic and Spyropyran Materials Considered to be Disruptive Among Emerging Chromic Materials
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Chromic materials are gaining significant traction globally owing to the increasing demand for a broad spectrum of applications such as textile, healthcare, automotive, aerospace and defense , food and beverages, and electronics. These materials take up change in external stimulus such as light, temperature, electric field and magnetic field to detect a change in an operation parameter such as operation temperature, induced and external magnetic field and so on. The adoption of chromic materials is predominantly driven by their ability to cater to the changing regulatory requirements along with demand for improved technical capabilities. Among the chromic materials thermochromic and photochromic materials are observed to have the highest industrial acceptance owing to its improved energy efficiency and enhanced aesthetic appeal. As a result thermochromic and photochromic materials is gaining traction due to its broad application scope across sectors.This research service titled, “Growth Opportunities for Thermochromic and Photochromic Materials,” provides an understanding of various types of thermochromic and photochromic materials, including quantum dots, conjugated polymers, photonic crystals, plasmons, and thermochromic liquid crystals for thermochromic materials and diarylethenes, fulgides, naphtopyrans, and spirooxazines for photochromic materials. This research service describes the innovation landscape and commercialization prospects in development of photochromic and thermochromic materials. This research service also highlights the IP landscape of the thermochromic and photochromic materials by highlighting the most desirable materials for commercialization and also highlights the regional hotspots for innovations.
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