Phase Change Materials (PCM) Market to Witness Huge Growth by 2025 | Honeywell, Cryopak, Entropy Solutions, Climator Sweden
Global Phase Change Materials (PCM) Market Insights, Forecast to 2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Phase Change Materials Market. Some of the key players profiled in the study are BASF, Honeywell, Cryopak, Entropy Solutions, Climator Sweden, Phase Change Energy Solutions, Outlast Technologies, Dow Building Solutions, Chemours Company, PCM Energy & Rubitherm Technologies.
Latent heat storage can be achieved through liquid?>solid, solid?>liquid, solid?>gas and liquid?>gas phase changes. However, only solid?>liquid and liquid?>solid phase changes are practical for PCMs. Although liquid?gas transitions have a higher heat of transformation than solid?liquid transitions, liquid->gas phase changes are impractical for thermal storage because large volumes or high pressures are required to store the materials in their gas phase. Solid?solid phase changes are typically very slow and have a relatively low heat of transformation.
Phase change materials are products that release or absorb heat when they change from one phase to another (usually from solid to liquid or vice versa). These materials store thermal energy in the form of latent heat, which is released when they freeze or crystallize and absorbed when they melt at their respective melting/freezing temperature points. Hence, they are used in a broad range of applications that require thermal control and management.
Currently, The industry concentration is not high, the technical barriers and financial barriers of Advanced Phase Change Materials (PCM) are also not high. The companies in the world that produce Advanced Phase Change Materials (PCM) mainly concentrate in China, India, Southeast Asia, Europe, Japan and USA. Raw materials are also concentrated in these regions.
Global Phase Change Materials (PCM) market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Phase Change Materials (PCM).
This report researches the worldwide Phase Change Materials (PCM) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Phase Change Materials (PCM) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Phase Change Materials Market Overview:
If you are involved in the Phase Change Materials industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by Building & Construction, Refrigeration, Consumer Goods & Others, , Organic, Inorganic & Bio-based and major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.
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Phase Change Materials Market: Demand Analysis & Opportunity Outlook 2023
Research study is to define market sizes of various segments & countries in previous years and to forecast the values to the next 5-8 years. The report is designed to comprise each qualitative and quantitative elements of the industry facts including: market share, market size (value and volume 2012-17, and forecast to 2023) with admire to each of the areas and countries concerned inside the examination. Furthermore, the report additionally caters the detailed statistics about the vital elements which includes drivers & restraining factors which will define the future growth of the market.
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2018 to 2023 [** unless otherwise stated]
Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
The designated segments and sub-section of the market are explained below:
The Study is segmented by following Product Type: , Organic, Inorganic & Bio-based
Major applications/end-users industry are as follows: Building & Construction, Refrigeration, Consumer Goods & Others
Some of the key Manufacturers Involved in the Market are – BASF, Honeywell, Cryopak, Entropy Solutions, Climator Sweden, Phase Change Energy Solutions, Outlast Technologies, Dow Building Solutions, Chemours Company, PCM Energy & Rubitherm Technologies
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For each region, market size and end users are analyzed as well as segment markets by types, applications and companies. If opting for the Global version of Phase Change Materials Market analysis is provided for major regions as follows:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Answers Captured in Study are
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the Phase Change Materials market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the Global Phase Change Materials market growth?
What are the recent trends in the regional market and how successful they are?
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There are 15 Chapters to display the Global Phase Change Materials market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Global Phase Change Materials market, Applications [Building & Construction, Refrigeration, Consumer Goods & Others], Market Segment by Regions United States, Europe, China, Japan & Other Regions;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[United States, Europe, China, Japan & Other Regions ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Global Phase Change Materials Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia or Oceania [Australia and New Zealand].
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