Materials that can store latent heat (energy released or absorbed by a material or a thermodynamic system at constant-temperature process) during the phase transition are called phase change materials (PCMs).
Global trend towards energy saving, sustainable development and increase demand of biodegradable materials, increasing construction works due to surge in urbanization in Asia Pacific countries and advancement in packaging science is driving the market for advanced PCMs. However, harmful character of chemicals used as PCMs is expected to inhibit the growth of the market. Lack of government inventiveness and encourage in the direction of the growth and expansion of PCM is a major challenge faced by the Advanced PCMs industry.
Europe is the largest market for advanced PCMs followed by North America and Asia Pacific. Whereas increased construction works due to increasing urbanization is expected to boost the advance PCMs market in Asia Pacific region in coming years. Paraffin based advanced PCMs (organic PCMs) holds the largest market share while with increasing concern over environment and stiff regulation against biodegradability, bio-based PCMs are expected to gain the fastest growth in coming years.
In 2019, the market size of Advanced Phase Change Material (PCM) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Advanced Phase Change Material (PCM).
This report studies the global market size of Advanced Phase Change Material (PCM), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Advanced Phase Change Material (PCM) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Advansa
BASF
Ciat Group
Emco Klimatechnik
Ewald Dörken
Honeywell Electronic Materials
Laird
Outlast Technologies
Market Segment by Product Type
Inorganic
Organic
Bio-Based
Market Segment by Application
Building & Construction
Cold Storage
HVAC
Textile
Thermal Energy Storage
Electronics
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Advanced Phase Change Material (PCM) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Advanced Phase Change Material (PCM) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Advanced Phase Change Material (PCM) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Advanced Phase Change Material (PCM). Industry analysis & Market Report on Advanced Phase Change Material (PCM) is a syndicated market report, published as Global (United States, European Union and China) Advanced Phase Change Material (PCM) Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Advanced Phase Change Material (PCM) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.