Outlook on the Advanced Phase Change Materials Global Market to 2026 - by Type, Form, Application and Region

2021-04-06

Dublin, April 06, 2021 (GLOBE NEWSWIRE) -- The "Advanced Phase Change Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The advanced phase change materials market is currently being catalyzed by a rising demand for energy efficient and environment friendly technology. According to the publisher, this market reached a value of US$ 1,475 Million in 2020. Based upon their unique structure, these materials have the ability to absorb, store and release energy during a phase transition. During the energy conversion process, these materials can be converted from liquid to solid or solid to liquid based upon their application. This makes them ideal for a diverse range of end uses which require temperature control. The material, during the transition process, absorbs energy as it changes from a solid to a liquid and releases energy as it changes back to a solid. Advanced PCMs are mainly segmented into organic PCMs, inorganic PCMs, bio-based PCMs and other PCMs, based on the technology of the material used in the application. Organic PCMs are additionally segmented as paraffin and non-paraffin materials, and inorganic PCMs are further categorized in metallic and salt hydrate. Bio-based APCMs are generally extracted from animal fat or plant oil and postures higher biodegradability over others.The factors driving the demand for advanced phase change materials include an increasing awareness towards reducing greenhouse gas emissions, strict building codes and a rising demand for renewable sources of energy. Additionally, the augmented demand for these materials from the building and construction industry is further fueling the growth of the market. Moreover, due to the adoption of these materials across a diverse range of applications, such as packaging, HVAC, refrigeration, electronics, textiles, etc., the advanced phase change materials market is expected to register continuous growth in the near future. Furthermore, factors such as a growing awareness for energy conservation, continued technological developments and rising levels of urbanization in developing countries are expected to be additional drivers for this market. Looking forward, the publisher expects the global advanced phase change materials market to exhibit strong growth during the next five years.Market Summary:Based on type, the market has been segmented as organic PCM, inorganic PCM and bio-based PCM. Currently, organic PCM dominate the market, holding the largest share. Based on form, the market has been segmented as encapsulated and non-encapsulated. Currently, encapsulated PCM dominates the market, holding the largest share. On the basis of application, the market has been segmented as building and construction, packaging, HVAC, textiles, electronics and others. Currently, building and construction dominate the market, holding the largest share.Region-wise, the market has been segmented into Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, Europe is the leading market, accounting for the majority of the market share.The competitive landscape of the market has also been examined with some of the key players being BASF, Cryopak, Entropy Solutions, Honeywell International, Outlast Technologies, Climator, Croda International, PCM Products, Phase Change Energy Solutions, PLUSS Advanced Technologies, RGEES, Rubitherm Technologies, Salca and SGL Group.This report provides a deep insight into the global advanced phase change materials market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the advanced phase change materials industry in any manner.Key Questions Answered in This Report: Key Topics Covered: 1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.3.1 Primary Sources2.3.2 Secondary Sources2.4 Market Estimation2.4.1 Bottom-Up Approach2.4.2 Top-Down Approach2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Advanced Phase Change Materials Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Breakup by Type5.5 Market Breakup by Form5.6 Market Breakup by Application5.7 Market Breakup by Region5.8 Market Forecast5.9 SWOT Analysis5.9.1 Overview5.9.2 Strengths5.9.3 Weaknesses5.9.4 Opportunities5.9.5 Threats5.10 Value Chain Analysis5.10.1 Overview5.10.2 Research and Development5.10.3 Raw Material Procurement5.10.4 Manufacturing5.10.5 Distribution5.10.6 Export5.10.7 End-Use5.11 Porters Five Forces Analysis5.11.1 Overview5.11.2 Bargaining Power of Buyers5.11.3 Bargaining Power of Suppliers5.11.4 Degree of Competition5.11.5 Threat of New Entrants5.11.6 Threat of Substitutes5.12 Price Analysis5.12.1 Key Price Indicators5.12.2 Price Structure5.12.3 Price Trends6 Market Breakup by Type6.1 Organic PCM6.1.1 Market Trends6.1.2 Market Forecast6.2 Inorganic PCM6.2.1 Market Trends6.2.2 Market Forecast6.3 Bio-Based PCM6.3.1 Market Trends6.3.2 Market Forecast7 Market Breakup by Form7.1 Encapsulated7.1.1 Market Trends7.1.2 Market Forecast7.2 Non-Encapsulated7.2.1 Market Trends7.2.2 Market Forecast8 Market Breakup by Application8.1 Building and Construction8.1.1 Market Trends8.1.2 Market Forecast8.2 Packaging8.2.1 Market Trends8.2.2 Market Forecast8.3 HVAC8.3.1 Market Trends8.3.2 Market Forecast8.4 Textiles8.4.1 Market Trends8.4.2 Market Forecast8.5 Electronics8.5.1 Market Trends8.5.2 Market Forecast8.6 Others8.6.1 Market Trends8.6.2 Market Forecast9 Market Breakup by Region9.1 Europe9.1.1 Market Trends9.1.2 Market Forecast9.2 North America9.2.1 Market Trends9.2.2 Market Forecast9.3 Asia Pacific9.3.1 Market Trends9.3.2 Market Forecast9.4 Middle East and Africa9.4.1 Market Trends9.4.2 Market Forecast9.5 Latin America9.5.1 Market Trends9.5.2 Market Forecast10 Advanced Phase Change Materials Manufacturing Process10.1 Product Overview10.2 Raw Material Requirements10.3 Manufacturing Process10.4 Key Success and Risk Factors11 Competitive Landscape11.1 Market Structure11.2 Key Players11.3 Profiles of Key Players11.3.1 BASF11.3.2 Cryopak11.3.3 Entropy Solutions11.3.4 Honeywell International11.3.5 Outlast Technologies11.3.6 Climator11.3.7 Croda International11.3.8 PCM Products11.3.9 Phase Change Energy Solutions11.3.10 PLUSS Advanced Technologies11.3.11 RGEES11.3.12 Rubitherm Technologies11.3.13 Salca11.3.14 SGL Group For more information about this report visit

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