Advanced Phase Change Material Market – Industry Trends and Forecast to 2026
Advanced Phase Change Material Market By Product (Organic, Inorganic, Bio- Based), Application (Building & Construction, Commercial Refrigeration, HVAC, Energy Storage, Shipping & Transportation, Others), Encapsulation & Packaging Method (Nano-Encapsulation, Micro-Encapsulation, Macro-Encapsulation), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Advanced Phase Change Material Market Size, Status and Forecast 2026
- Advanced Phase Change Material Market Overview
- Advanced Phase Change Material Market Manufacturers Profiles
- Advanced Phase Change Material Market Sales, Revenue, Market Share and Competition by Manufacturer
- Advanced Phase Change Material Market Analysis by Regions
- Advanced Phase Change Material Market by Countries
- Advanced Phase Change Material Market Segment by Type
- Advanced Phase Change Material Market Segment by Application
- Advanced Phase Change Material MarketForecast
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
- Appendixes
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Market Definition: Advanced Phase Change Material Market
Phase-changing materials are substances that capture or emit large amounts of latent energy as their physical state changes. Through switching the phase of solid-solid, solid-liquid, solid-gas and liquid-gas, PCMs latent heat conversion can be achieved. Advanced phase change materials can be widely used in application such building & construction, shipping & transportation, energy storage, HVAC, commercial refrigeration among others.
Market Drivers:
- Increasing demand from textile industry will accelerate the demand for advanced PCM.
- Rising investment by different manufacturer will also drive the market growth
- Growing demand for energy efficient green building is also expected to accelerate the market growth
- Increasing usage of the product in the HVAC industry will also contribute as a factor for the market growth
Market Restraints:
- High flammability and corrosive nature of the advanced PCM will hamper the market growth
- Rising awareness about the negative environmental impact of advanced phase change material will also hinder the market growth.
Segmentation: Advanced Phase Change Material Market
By Product
- Organic
- Paraffin Based
- Fatty Acid Based
- Inorganic
- Bio- Based
By Application
- Building & Construction
- Commercial Refrigeration
- HVAC
- Energy Storage
- Shipping & Transportation
- Others
By Encapsulation & Packaging Method
- Nano-Encapsulation
- Micro-Encapsulation
- Macro-Encapsulation
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- U.K.
- Belgium
- Spain
- Russia
- Turkey
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Egypt
- South Africa
- Israel
- Rest of Middle East and Africa
Key Developments in the Market:
- In October 2017, Advanced Cooling Technologies, Inc announced the launch of their new new Phase Change Material PCM Calculator. This instrument will join the current online resource and tool package of the ACT that helps clients to find the best thermal solution for their many and varied thermal challenges. The tool offers PCM material options that best suit your temporary thermal storage needs, from -10° C to 85° C, and is very easy to use
- In May 2017, Microtek Laboratories, Inc announced the acquisition of Micronal brand and product line from BASF. This acquisition will help the company to enhance their product portfolio and will also help them to offer advanced product to their customers. This will also make them to be the leader in microencapsulated PCM products
Competitive Analysis:
advanced phase change material market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of advanced phase change material market for, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the advanced phase change material market are Rubitherm Technologies GmbH; PCM Products Ltd; Climator SWEDEN AB; Outlast Technologies LLC; Cryopak A TCP Company; BASF SE; AI Technology, Inc.; Laird; Microtek Laboratories, Inc; Phase Change; RGEES, LLC; Rubitherm Technologies GmbH; VWR International, LLC.; Henkel Corporation; Croda International Plc; Insolcorp, LLC; among others.
Research Methodology: Advanced Phase Change Material Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please or can drop down your enquiry.
The key research methodology used by team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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