Advanced Phase Change Materials Market, By Product Type (Paraffin, Salt Hydrates, and Others), By Application (Building and construction, Commercial Refrigeration, HVAC, Energy Storage, Shipping and Transportation, and Others), By Geography (North America
Advanced Phase Change Materials Market, By Product Type (Paraffin, Salt Hydrates, and Others), By Application (Building and construction, Commercial Refrigeration, HVAC, Energy Storage, Shipping and Transportation, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Advanced phase change materials (PCMs) are substances with high heat storage capacity which undergo phase transition, typically from solid to liquid, at certain temperatures. They are capable of absorbing, storing, and releasing heat energy enabling temperature regulation and energy storage. These materials have found widespread applications from building and construction to textiles and packaging. The increasing focus on energy efficiency and demand for smart and sustainable buildings is driving research on advanced PCMs with improved thermal properties and ability to work at higher temperature ranges. Development of bio-based and nano-engineered PCMs is also gaining traction to boost performance and reduce costs.
Market Dynamics:
The global advanced phase change materials market is witnessing strong growth driven by factors such as rising need for energy conservation in various end-use industries, implementation of stricter building energy codes, and focus on sustainable infrastructure development. Moreover, increasing investment by governments worldwide in research of thermal energy storage technologies is creating new opportunities. However, high initial costs compared to conventional materials continue to restrain market penetration. Manufacturers are overcoming this by developing economical microencapsulated PCM products. Ongoing nano-engineering of PCMs to achieve higher heat of fusion per unit volume without altering other properties is another growth opportunity.
Key Features of the Study:
This report provides in-depth analysis of the global advanced phase change materials market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global advanced phase change materials market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include E.I. du Pont de Nemours & Company, BASF, Advansa B.V., Honeywell International, Cryopak, Dow Building Solutions, Phase Change Products Pty Ltd., Climate Sweden AB, Salca BV, Rubitherm Technologies GmbH, AI Technology Inc., Boyd Corporation, Cold Chain Technologies, Croda International PLC, Henkel Ag & Company KGaA, Honeywell Electronic Materials, Microtek Laboratories Inc., Pluss Advanced Technologies, Puretemp LLC, and Sasol Limited.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global advanced phase change materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global advanced phase change materials market
Detailed Segmentation-
By Product Type:
Paraffin
Salt Hydrates
Others
By Application
Building and construction
Commercial Refrigeration
HVAC
Energy Storage
Shipping and Transportation
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
E.I. du Pont de Nemours & Company
BASF
Advansa B.V.
Honeywell International
Cryopak
Dow Building Solutions
Phase Change Products Pty Ltd.
Climate Sweden AB
Salca BV
Rubitherm Technologies GmbH
AI Technology Inc.
Boyd Corporation
Cold Chain Technologies
Croda International PLC
Henkel Ag & Company KGaA
Honeywell Electronic Materials
Microtek Laboratories Inc.
Pluss Advanced Technologies
Puretemp LLC
Sasol Limited.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Advanced Phase Change Materials Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Advanced Phase Change Materials Market
Impact Analysis
5. Global Advanced Phase Change Materials Market, By Product Type, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Paraffin
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Salt Hydrates
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
6. Global Advanced Phase Change Materials Market, By Application, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Building and construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Commercial Refrigeration
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
HVAC
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Energy Storage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Shipping and Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
7. Global Advanced Phase Change Materials Market, By Region, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019-2031
North America
Introduction
Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn))
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
GCC Countries
Israel
Rest of Middle East & Africa
8. Competitive Landscape
Market Share Analysis
Company Profiles
E.I. du Pont de Nemours & Company
Company Overview
Product Type Portfolio
Recent Developments/Updates
BASF
Company Overview
Product Type Portfolio
Recent Developments/Updates
Advansa B.V.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Honeywell International
Company Overview
Product Type Portfolio
Recent Developments/Updates
Cryopak
Company Overview
Product Type Portfolio
Recent Developments/Updates
Dow Building Solutions
Company Overview
Product Type Portfolio
Recent Developments/Updates
Phase Change Products Pty Ltd.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Climate Sweden AB
Company Overview
Product Type Portfolio
Recent Developments/Updates
Salca BV
Company Overview
Product Type Portfolio
Recent Developments/Updates
Rubitherm Technologies GmbH
Company Overview
Product Type Portfolio
Recent Developments/Updates
AI Technology Inc.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Boyd Corporation
Company Overview
Product Type Portfolio
Recent Developments/Updates
Cold Chain Technologies
Company Overview
Product Type Portfolio
Recent Developments/Updates
Croda International PLC
Company Overview
Product Type Portfolio
Recent Developments/Updates
Henkel Ag & Company KGaA
Company Overview
Product Type Portfolio
Recent Developments/Updates
Honeywell Electronic Materials
Company Overview
Product Type Portfolio
Recent Developments/Updates
Microtek Laboratories Inc.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Pluss Advanced Technologies
Company Overview
Product Type Portfolio
Recent Developments/Updates
Puretemp LLC
Company Overview
Product Type Portfolio
Recent Developments/Updates
Sasol Limited.
Company Overview
Product Type Portfolio
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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