Advanced Phase Change Materials Market Report, Industry Trends,

1. GlobalAdvanced Phase Change Materials Market Research Report, Share and Forecast Till 2024 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Advanced Phase Change Materials Market Report By Type (Organic PCM, Inorganic PCM and Bio-Based PCM), Application (Building & Construction, Packaging, HVAC, Textiles, Electronics and Others), Form, Region The global advanced phase change materials market has witnessed a positive growth in recent years. This can be attributed to a number of factors which include the capability of PCMs to conserve energy, rising construction activities across the globe and a shift towards the utilization of biodegradable PCMs. Market Overview: According to the latest report by IMARC Group, titled “Advanced Phase Change Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global advanced phase change materials market reached a value of US$ 1,055 Million in 2018. Phase change materials (PCMs) refer to substances used for storing and releasing large amounts of energy generated in a thermodynamic system. When a PCM freezes, it releases energy in the form of latent heat at a relatively constant temperature, whereas, it absorbs a large amount of heat from the environment when it melts. These changes can take place in any combination of three phases of a substance including liquid, solid or gas. Amongst these, the transition between solid and liquid phases in advanced PCMs is considered to be the most viable commercially. At present, there are three main types of advanced PCMs available in the market, namely salt hydrates, paraffin wax, and other fatty-acid-based phase change materials.

4. Report Description and Highlights Report Description • Market Trends: • Advanced PCMs help in conserving energy, especially in applications like building and construction and HVAC, owing to which they are increasingly being used in commercial buildings for saving energy. The increasing utilization of microencapsulation technologies in the construction and textile sectors is also influencing the growth of the advanced PCM market. Apart from this, the manufacturers are rapidly shifting from traditional petroleum-based PCMs towards biodegradable, bio-based PCMs which is further providing a thrust to the escalating demand for advanced PCMs. However, the expensive nature of PCMs, as well as the lack of awareness among the consumers regarding the benefits offered by them, is currently hindering the growth of the market. Looking forward, the market value is projected to reach US$ 2,736 Million by 2024, expanding at a CAGR of 17% during 2019-2024. • Advanced Phase Change Materials Market Segmentation: • Market Segmentation by Product Type • Organic PCM • Request for a sample report: • https://www.imarcgroup.com/advanced-phase-change-materials-market/requestsample

5. Market Forecast Sample Figure: Global: Advanced Phase Change Materials Market Forecast: Sales Value (in Million US$), 2019-2024

6. Market Segmentation Report Description • Inorganic PCM • Bio-Based PCM • The advanced PCM market has been analyzed on the basis of types which include organic PCM, inorganic PCM and bio-based PCM. Amongst these, organic PCM is the most common type of advanced PCMs. • Market Segmentation by Application • Building and Construction • Packaging • HVAC • Textiles • Electronics • Others • Based on the various applications of advanced PCMs, the market has been segregated into building and construction, packaging, HVAC, textiles, electronics and others. • For more information, click here: https://www.imarcgroup.com/advanced-phase-change-materials-market

7. Market Segmentation Report Description • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • On a regional basis, Europe represents the largest market for advanced PCMs, holding the majority of the market share. This is the result of increasing emphasis on energy security along with a growth in the construction industry across the region. Europe is followed by North America, Asia Pacific, Middle East and Africa, and Latin America. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • BASF • Cryopak • Entropy Solutions

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

9. Market Segmentation Report Description • Honeywell International • Outlast Technologies • Climator • Croda International • PCM Products • Phase Change Energy Solutions • PLUSS Advanced Technologies • RGEES • Rubitherm Technologies • Salca • SGL Group • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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