Global Advanced Phase Change Materials Industry to 2030

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Dublin, June 03, 2022 (GLOBE NEWSWIRE) — The “Advanced Phase Change Materials Market by Type and Application – Global Opportunity Analysis and Industry Forecast, 2022 – 2030” report has been added to from ResearchAndMarkets.com offer.

The global advanced phase change materials market size was valued at USD 1.63 Billion in 2021 and is projected to revenue USD 4.93 Billion by 2030, growing at a CAGR of 13.0% from 2022 to 2030.

Phase change materials offer a range of thermal management solutions, by facilitating the temporary storage of energy, either by releasing or absorbing a sufficient amount of energy during the phase transition, i.e. say by changing their states from solid to liquid and vice versa; thus providing the desired heat or cooling. Advanced phase change materials (advanced PCMs) can store and deliver a massive volume of thermal energy after transitioning from one state to another.

Global advanced phase change materials market observed a volumetric sale of 319,721.5 tons in 2021, which is expected to reach 1,006,514.2 tons by 2030, growing at a CAGR of 13.5% by 2022 to 2030.

Market dynamics and trends

The building and construction segment currently accounts for the highest market share, owing to the extensive application of advanced PCMs in green constructions, building interiors, building cooling, and lightweight architectures. In addition, the increasing use of advanced PCMs for temperature control and comfort, reduced operating costs, temperature safety, long life and energy saving features are likely to drive the growth of the global advanced phase change materials market in the future.

However, factors such as high costs of advanced PCM, its susceptibility to corrosion, flammability issues, and lack of awareness about its usage are expected to limit the growth of the advanced phase change materials market over the period. forecast.

Additionally, market dynamics such as increasing awareness of energy-saving and environment-friendly technologies, stringent regulations to minimize greenhouse gas emissions, as well as increasing R&D activities to increase efficiency of advanced phase change materials, are expected to create lucrative opportunities in the sector. global advanced phase change materials market in the future.

Market Segmentation and Scope of the Study:

The advanced phase change materials market share is analyzed based on type, application, and geography. Based on type, the advanced phase change materials market is segmented into organic, inorganic and bio-based. Based on application, the advanced phase change materials market covers building & construction, thermal energy storage, cold chain & packaging, HVAC, shipping & transportation, l electronics, textiles and others. The geographical breakdown and analysis of each of the previously mentioned segments includes the region comprising of North America, Europe, Asia-Pacific and ROW.

Geographical analysis

Europe is the fastest growing region in the advanced phase change materials market. Strict building energy codes to reduce and minimize harmful gas emissions, increasing demand for green buildings, and demand for low carbon and net zero energy buildings are factors driving the growth of the European region.
The Asia-Pacific region is expected to grow with the highest growth rate during the forecast period due to growing construction industry, rapid industrialization and emphasis on energy security .

Competitive landscape

The Advanced Phase Change Materials Market Share includes a comprehensive competitive analysis and profiles of major market players. Companies such as Croda International Plc., Entropy Solutions LLC, Microtek Laboratories Inc., Honeywell Electronic Materials, Inc., Laird Plc, Sasol Ltd., Pluss Technologies Pvt. Ltd., Phase Change Materials Products Ltd., Outlast Technologies LLC, Phase Change Energy Solutions Inc., Rubitherm Technologies GmbH, Henkel AG & Company, KGaA, Advansa BV, AI Technology Inc., Climator Sweden AB, Cold Chain Technologies, Inc. , and others are provided in the Advanced Phase Change Materials Market report.

Main topics covered:

1. Introduction

2. Late Stage Material Changes Market – Executive Summary

3. Market Overview
3.1. Market definition and scope
3.2. Market dynamics
3.2.1 Drivers
3.2.1.1. Increased use of advanced phase change materials for temperature control
3.2.1.2. Regulations for the reduction of greenhouse gas emissions
3.2.2 Constraints
3.2.2.1. Negative impact of the Covid-19 pandemic
3.2.2.2. Corrosive nature and technical issues
3.2.3 Opportunities
3.2.3.1. Growing demand for advanced PCMs from the pharmaceutical industry

4. Global Advanced Phase Change Materials (Pcm) Market, By Type
4.1. Insight
4.2. organic
4.2.1 Organic Market, by Region
4.2.1.1 Organic market in North America, by country
4.2.1.2 European organic market, by country
4.2.1.3 Asia-Pacific Organic Market, by Country
4.2.1.4 Rest of the World Organic Market, by Country
4.3. Inorganic
4.3.1 Inorganic Market, by Region
4.3.1.1 North America Inorganic Market, by Country
4.3.1.2 Europe Inorganic Market, by Country
4.3.1.3 Asia Pacific Inorganic Market, by Country
4.3.1.4 Rest of the Global Inorganic Market, by Country
4.4. Bio-sourced
4.4.1 Bio-based market, by region
4.4.1.1 Bio-based Market in North America, by Country
4.4.1.2 Bio-based market in Europe, by country
4.4.1.3 Bio-based market in Asia Pacific, by country
4.4.1.4 Rest of the Global Biologics Market, by Country

5. Global Advanced Phase Change Materials (Pcm) Market, By Application
5.1. Insight
5.2. Building construction
5.2.1 Building and construction market, by region
5.2.1.1 North America Building and Construction Market, by Country
5.2.1.2 Europe building and construction market, by country
5.2.1.3 Asia Pacific Building and Construction Market, by Country
5.2.1.4 Rest of the Global Building and Construction Market, by Country
5.3. Energy Storage
5.3.1 Energy Storage Market, by Region
5.3.1.1 North America Energy Storage Market, by Country
5.3.1.2 Europe Energy Storage Market, by Country
5.3.1.3 Asia Pacific Energy Storage Market, by Country
5.3.1.4 Rest of the Global Energy Storage Market, by Country
5.4. HVAC
5.4.1 HVAC Market, by Region
5.4.1.1 North America HVAC Market, by Country
5.4.1.2 Europe HVAC Market, by Country
5.4.1.3 Asia Pacific HVAC Market, by Country
5.4.1.4 Rest of the Global HVAC Market, by Country
5.5. Shipping and Transportation
5.5.1 Shipping and Transportation Market, by Region
5.5.1.1 North America Shipping and Transportation Market, by Country
5.5.1.2 Europe Shipping and Transportation Market, by Country
5.5.1.3 Asia Pacific Shipping and Transportation Market, by Country
5.5.1.4 Rest of the Global Shipping and Transportation Market, by Country
5.6. Electronic
5.6.1 Electronics Market, by Region
5.6.1.1 North America Electronics Market, by Country
5.6.1.2 Europe Electronics Market, by Country
5.6.1.3 Asia Pacific Electronic Market, by Country
5.6.1.4 Rest of Global Electronics Market, by Country
5.7. textiles
5.7.1 Textiles Market, by Region
5.7.1.1 North America textile market, by country
5.7.1.2 European textile market, by country
5.7.1.3 Asia Pacific textiles market, by country
5.7.1.4 Rest of the Global Textiles Market, by Country
5.8. Others
5.8.1 Other Market, by Region
5.8.1.1 North America Others Market, by Country
5.8.1.2 Europe Other Market, by Country
5.8.1.3 Asia Pacific Other Market, by Country
5.8.1.4 Rest of the World Others Market, by Country

6. Global Advanced Phase Change Materials (Pcm) Market, By Region

7. Company Profiles
7.1. Cryopack
7.1.1 Presentation of the company
7.1.2 Company Overview
7.1.3 Product portfolio
7.1.4 Key strategic moves and developments
7.1.5 Primary market competitors
7.2. Honeywell International
7.2.1 Presentation of the company
7.2.2 Company Overview
7.2.3 Operating business segments
7.2.4 Product portfolio
7.2.5 Commercial performance
7.2.6 Sales by business segment
7.2.7 Sales by geographic segment
7.2.8 Key Strategic Movements and Developments
7.2.9 Primary market competitors
7.3. surviving technology
7.3.1 Presentation of the company
7.3.2 Company Overview
7.3.3 Product portfolio
7.3.4 Key Strategic Movements and Developments
7.3.5 Primary market competitors
7.4. Microtek Laboratories
7.4.1 Company Overview
7.4.2 Company Overview
7.4.3 Product portfolio
7.4.4 Key strategic moves and developments
7.4.5 Primary market competitors
7.5. Henkel AG & Co. Kgaa
7.5.1 Presentation of the company
7.5.2 Company Overview
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Commercial performance
7.5.6 Sales by business segment
7.5.7 Sales by Geographic Segment
7.5.8 Key strategic moves and developments
7.5.9 Primary market competitors
7.6. Sasol Ltd
7.6.1 Company Overview
7.6.2 Company Overview
7.6.3 Operating business segments
7.6.4 Product portfolio
7.6.5 Commercial performance
7.6.6 Sales by business segment
7.6.7 Key Strategic Movements and Developments
7.6.8 Primary market competitors
7.7. Phase Change Energy Solutions
7.7.1 Company Overview
7.7.2 Company Overview
7.7.3 Product portfolio
7.7.4 Key strategic moves and developments
7.7.5 Primary market competitors
7.8. Croda International
7.8.1 Company overview
7.8.2 Company Overview
7.8.3 Operating business segments
7.8.4 Product Portfolio
7.8.5 Commercial performance
7.8.6 Sales by business segment
7.8.7 Sales by geographic segment
7.8.8 Key Strategic Movements and Developments
7.8.9 Primary market competitors

For more information on this report, visit https://www.researchandmarkets.com/r/wr1dg9


        
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