Electrochromic Materials, a coloring changing material, have been widely used in Glass industry. Electrochromic Materials have various types, such as Organic Dyes, Conducting Polymers and Metal Oxides. Among of those types, Metal Oxides accounts for the largest consumption share of 85.19% in 2017. In 2017, consumption volume of Electrochromic Materials was 19597.7 K sq.ft, with the CAGR of 12.73%.
Electrochromic Materials can be used in Automobile Rearview Mirror, Smart Window, Display, Defense and Others, Automobile Rearview Mirror is the largest consumer of Electrochromic Materials in nowadays. Consumption volume from Automobile Rearview Mirror industry reached to 11597.5 K sq.ft in 2017, contributing 59.18% market share.
North America has become the largest manufacturer and consumer of Electrochromic Materials. In 2017, North America produces 18738.9 K sq.ft Electrochromic Materials. The follower is Europe, whose production volume was 297.5 K sq.ft. Since Electrochromic Materials are mainly used in Automobile Rearview Mirror industry, the targeted clients of Electrochromic Materials industry distributes in countries, where Automobile Rearview Mirror industry is promising.
Price of Electrochromic Materials is influenced by raw materials deeply. Then price fell down slowly from 2013 to 2017, keeping consistent with raw materials’ price fluctuations. Electrochromic Materials manufacturers should pay close attention to the Electrochromic Materials raw material market.