Market Study: Phase Change Materials Market CAGR Status, Management Including | Product Analysis, Industry Demand, Key Players and Regions, Forecast 2018-2023

Phase Change Materials

The Phase Change Materials Market Report 2018-2023 focuses on the global Phase Change Materials status, future forecast, growth opportunity, key market, and key players. 

The Phase Change Materials Market report studies the global market size of Phase Change Materials in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Phase Change Materials in these regions. This research report categorizes the global Phase Change Materials market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.

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The various contributors involved in the value chain of Phase Change Materials include manufacturers, suppliers, distributors, intermediaries, and customers.

The Key Players covered in this study:-

  • DOW CORNING
  • MICROTEK LABORATORIES
  • HENKEL
  • CRODA
  • TCP
  • PARKER
  • AI TECHNOLOGY INC.
  • CLIMATOR SWEDEN ABM COSELLA-DÖRKEN PRODUCTS INC.
  • DATUM PHASE CHANGE LTD.
  • E. I. DU PONT DE NEMOURS AND COMPANY (DUPONT)
  • VESTURE CORPORATION
  • SCHOELLER TEXTILES AG
  • PCM PRODUCTS LTD.
  • PHASE CHANGE ENERGY SOLUTIONS INC. (PCES)
  • PHASE CHANGE PRODUCTS PTY LTD (PCP)
  • PLUSS POLYMERS PVT. LTD.
  • RUBITHERM TECHNOLOGIES LTD.
  • 7 SHENZHEN AOCHUAN TECHNOLOGY CO.
  • LTD
  • SHIN-ETSU CHEMICAL CO.
  • LTD.
  • APPVION
  • INC.
  • ENTROPY SOLUTIONS LLC
  • KAPLAN ENERGY
  • AAVID KUNZE GMBH
  • LAIRD TECHNOLOGIES
  • LAMINAR MEDICA LIMITED
  • NATIONAL GYPSUM COMPANY
  • OUTLAST TECHNOLOGIES LLC
  • and THERMAX GLOBAL.

Overview of Phase Change Materials Market Research Report 2018-2023:-

The global phase change materials chemicals market has been estimated at USD 917.08 million in 2017. The market is expected to register a CAGR of 19.90% during the forecast period, 2018 to 2023. The building and construction sector dominated the global construction chemicals market with nearly 37% share globally and is estimated to register the fastest CAGR through the forecast period.

Growing Demand in Asia-Pacific

Construction sector in Asia-Pacific is the largest in the world. The increasing infrastructure construction activities are the major drivers for the Asia-Pacific construction industry. In addition, the entry of major construction players from the EU into the lucrative market in countries like China, has further fueled the industry’s growth. Owing to their business potential, countries, such as Indonesia, China, Malaysia, Singapore, and South Korea have become hosts to numerous national and international events. The move has accelerated the demand for hotels, shopping malls, high-rise buildings, arenas, and stadiums (both outdoor and indoor), thereby, boosting the construction industry in the respective regions. Moreover, PCM consumption is increasing slowly in the country’s textile industry as well. The total number of patents in the country are also increasing. Hence, the PCM market has growth potential during the forecast period.
Phase change materials can be incorporated easily and economically into construction materials, such as concrete. By coating a microscopic-sized phase change material with a protective coating, the particles can be suspended within a continuous phase, such as water. The benefit of PCMs over other thermally massive materials are that, they are far lighter, storing relatively large amounts of heat per unit of volume. Further, they can easily be installed as part of a refurbishment program, to increase the thermal mass of lightweight structures and therefore, improve their thermal performance and the efficiency of ventilation systems, and further lower cooling or heating energy consumption. Europe is witnessing a significant growth in the demand for PCM, owing to increasing investment and reviving construction industry in the region. In recent times, the European construction market has witnessed a path of steady growth. The future of the European construction market looks positive, which is indirectly catalyzing the growth of the PCM market in Europe.

Europe Dominates the Market

Europe has the highest share in the market, accounting for nearly 30% of the global market share in 2017. The market for Europe is driven majorly by the increasing demand from end-user industries including building & construction, packaging, textile, electronics and transportation. Packaging is also one of the major industries, which uses PCMs for food packaging, medical packaging and biological & chemical packaging in Europe.

Germany is the Largest Consumer

The building and construction industry in the country has started recovering with expected sales to rise by 5% in 2017 following growth of 5.8% in 2016. However, lower investment and poor payment behavior remains a challenge. The use of PCMs is prominent in the construction industry, as the country is focused on energy-efficient buildings. The recovery is expected to increase during the forecast period and is expected to lead a rise in demand for PCMs. Food & beverages is the largest consumer goods segment in Germany that demands PCM, significantly. Moreover, other industries, such as transportation and healthcare also use PCMs for various purposes. Increasing usage in all these industries is the factor that is expected to add up to the PCM market during the forecast period.

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Reasons to Purchase this Report

  • Market definition, along with the identification of factors instrumental in changing the market scenario and prospective opportunities
  • Various market perspectives, with the help of Porter’s five forces analysis
  • Regions or countries that are expected to witness the fastest growth during the forecast period
  • Product segment, which is going to dominate the market over the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players
  • 3 months analyst support along with the Market Estimation sheet in excel.

    Key questions answered in the Phase Change Materials Market Report are.

    • What will the market size be in 2023 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors? 

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    This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Phase Change Materials market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

    “We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”

    Major Points from TOC of Phase Change Materials Market Research Report 2018-2023:

    1. INTRODUCTION
      1 Study Deliverables
      1.2 Study Assumptions
      1.3 Scope of the Study
    1. RESEARCH METHODOLOGY
    1. EXECUTIVE SUMMARY
    1. MARKET DYNAMICS
      1 Drivers
      4.1.1 Rise in Defence Expenditure of Many Countries
      4.1.2 Increasing Demand of Lightweight Materials in the Industry
      4.2 Restraints
      4.2.1 Need for High Investments in R&D
      4.2.2 Other Restraints
      4.3 Industry Value-Chain Analysis
      4.4 Porters 5 Force Analysis
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Consumers
      4.4.3 Threat of New Entrants
      4.4.4 Threat of Substitute Products and Services
      4.4.5 Degree of Competition
      4.5 Price Analysis
    1. MARKET SEGMENTATION
      1 By Application
      5.2 End-user Sector
      5.2.1 Residential
      5.2.2 Commercial
      5.2.3 Institutional
      5.3 Geography
      5.3.1 Asia-Pacific
      5.3.2 North America
      5.3.3 Europe
      5.3.4 South America
      5.3.5 the Middle East & Africa

      Continued…

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