Phase Change Materials Market
Phase Change Materials Market Share & Trends Analysis, By Material Type (Organic phase change materials, Inorganic phase change material, Metallic alloys), By Application (Positive Temperature, Negative Temperature) & By Region Forecast - Global Review 2020 to 2030
Analysis of Phase Change Materials Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Phase Change Materials Market: Overview
Phase change materials are capable materials for storing and releasing large amounts of energies. These are designed to change their phases from +2°C to +8°C range and are recommended for vaccine storage and transport. Phase change materials are purposely filled in a leak-proof pack with a high amount of latent heat of fusion.
The principle mechanism beyond phase changing is, heat energy is absorbed and released when the material changes from solid to liquid or vice versa. Apart, from that phase change materials have huge variety of applications. They are used for storing heat for air-conditioning, peak heat reduction of load, as buffer storage for solar-based applications, etc.
These phase change materials are not water-based substances, generally filled with various types of paraffin wax or vegetable-sourced substances. PCM material selection is based on various capacities such as melting temperature, latent and sensible heat, cyclic property, cost, fire hazard and others.
With the increasing population, rapid urbanization and changing life style the demand for RAC (Refrigeration and air-conditioning) products have been significantly increasing. Posing demand for renewable RAC based products such as phase change materials incorporated products.
Industrial emission are the major cause of increasing greenhouse gases in the atmosphere which has become a significant factor for global warming resulting in greenhouse effect which is driving climatic changes such as increasing temperatures in the regions creating demand for phase change material based projecting growth in global phase change materials market.
There are also a few restrains to the global phase change materials market such as unacceptance of such an advance technology by the end consumer may be a key restrain for global phase change materials market.
Region-wise Outlook
Presently, European markets are dominating the global phase change materials (PCM) market followed by North America due to their technological advancements. The market being consolidated many companies are working and investing in the R&D for many innovative applications. Many Industries are working under German-based non-profit organization for global advancement of phase change materials market.
Being a well-developed large manufacturing sector in phase change materials, Europe market is experiencing a surge in demand from the key end-users such as healthcare, aerospace, automotive, and others. Germany being leading producer and exporter of phase change materials is significantly contributing to the market growth to keep the Europe phase change materials market in the leading position. Thus, aiming to gain a major market share in phase change materials market in upcoming years. According to Fact.MR, European Phase change materials market will sustain in its position in the coming years.
Regions such as North America, China, Japan, Australia, Southern Europe, and India experience summer at peak levels because of their climatic conditions. That’s why consumption of cooling machines such as air conditioners are always high in these region. There are chance of increase in consumption of phase change material based products in these regions. Creating a significant demand for global phase change materials market.
Global Phase Change Materials Market: Key players
Key players are the dominating members in the global phase change materials market due to their innovation and applications. Phase change materials market is consolidated by few players. Key players in the phase change materials market are ruling by investing their cash flows in R&D. Many non-profit government organizations are backing the industrial market for the global and regional developments.
Some of the major key players covered in global phase change materials market report are given below
- Axiotherm GmbH
- Croda Europe Ltd.
- Global Energy Systems Europe BV
- Hangzhou Ruhr New Material Technology Co., Ltd. (‘RuhrTech’)
- Microtek Laboratories, Inc.
- PCM Technology
- Outlast Technologies
- PLUSS Advanced Technologies Pvt. Ltd.
- Phase change product Pvt. Ltd.
- PureTemp LLC
- Rubitherm technologies gmbh
- Sasol Germany GmbH
- BASF SE
- Others
Some of the Key players in global phase change materials market have been following organic growth strategy such as product launch to sustain the market. Recently one of the key players Rubitherm technologies gmbh have come up with phase change material based PhaseCube. PhaseCube is capable of drawing outside air inside the room during day time. During this process the warm air entering the room is cooled using cold stored during night.
It has been claimed that temp more than 30 degree can be reduced to 23 degree. Also, PureTemp LLC have launched temperature-control coating for fabrics to control ambient temperature swings in workwear, footwear, safety ware, beddings and other industrial applications. There are chances for new comers to enter in the market with new advanced phase change material which the need of hour and can create impact in phase change materials market.
The research report presents a comprehensive assessment of the global phase change materials market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The global phase change materials market report provides analysis and information, according to market segments such as geographies, product type, material type and end-use.
The Global Phase Change Materials Market Report Covers Exhaustive Analysis On
- Global Phase Change Materials Market Segments
- Global Phase Change Materials Market Dynamics
- Global Phase Change Materials Market Size & Demand
- Global Phase Change Materials Current Trends/Issues/Challenges
- Global Phase Change Materials Market Competition & Companies involved Technology
- Global Phase Change Materials Value Chain
The Global Phase change materials Market Regional Analysis Includes
- North America (U.S., Canada)
- East Asia (China, Japan, South Korea)
- Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
- The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)
The Global phase change materials market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Global phase change materials report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Global phase change materials market report also maps the qualitative impact of various market factors on market segments and geographies.
The Global Phase Change Materials Market Report Highlights
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Segmentation Analysis of Global phase change materials Market
The Global phase change materials market is bifurcated into three major segments: material type, application and region.
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Based on the material type, Global phase change materials market is segmented as follows:
- Organic phase change materials
- Paraffin
- Non-paraffin
- Inorganic phase change materials
- Salt hydrates
- Metallic alloys
- Eutectic phase change materials
- Organic-Organic (a mixture of both)
- Inorganic-Inorganic
- Organic-Inorganic
- Organic phase change materials
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Based on application, Global phase change materials market is segmented as follows:
- Positive Temperature
- Chilled Food Transport
- Drink Cooling
- Drink Vending
- Medicine & Vaccine Transport
- Air Conditioning
- Building Passive Cooling
- Water Heating
- Solar Heating
- Waste Heat Storage
- Heat Rejection Systems
- Telecommunication Shelter Cooling
- Electronic / Battery Cooling
- Heat Pumps
- Negative Temperature
- Temperature Controlled Packaging
- Frozen Food Transportation
- Ice Cream Vending
- Medicine & Vaccine Transport
- Food Stall Cooling
- Automotive Cooling Applications
- Marine Refrigeration
- Cold Store Back-up
- Transport Refrigeration
- Body Cooling
- Medical Passive Cooling
- Temperature Controlled Transport
- Others
- Positive Temperature
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Based on the global split, Global phase change materials market is segmented as follows:
- North America
- Europe
- Latin America
- East Asia
- South Asia and Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Material Type
- 6.2. Application
- 7. Global Market Analysis and Forecast, By Material Type
- 7.1. Organic phase change materials
- 7.2. Inorganic phase change materials
- 7.3. Metallic alloys
- 7.4. Eutectic phase change materials
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Positive Temperature
- 8.2. Negative Temperature
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. MEA
- 10. North America Sales Analysis and Forecast, by Key Segments and Countries
- 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 17. Sales Forecast by Material Type and Application for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Axiotherm GmbH
- 19.2. Croda Europe Ltd.
- 19.3. Global Energy Systems Europe BV
- 19.4. Hangzhou Ruhr New Material Technology Co., Ltd. (‘RuhrTech’)
- 19.5. Microtek Laboratories, Inc.
- 19.6. PCM Technology
- 19.7. Outlast Technologies
- 19.8. PLUSS Advanced Technologies Pvt. Ltd.
- 19.9. Phase Change Product Pvt. Ltd.
- 19.10. PureTemp LLC
- 19.11. Rubitherm Technologies GmbH
- 19.12. Sasol Germany GmbH
- 19.13. BASF SE
- 19.14. Others
List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Material Type
Table 3: Global Market US$ Mn Forecast by Application
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Material Type
Table 6: North America Market US$ Mn Forecast by Application
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Material Type
Table 9: Latin America Market US$ Mn Forecast by Application
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Material Type
Table 12: Western Europe Market US$ Mn Forecast by Application
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Material Type
Table 15: Eastern Europe Market US$ Mn Forecast by Application
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Material Type
Table 18: East Asia Market US$ Mn Forecast by Application
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Material Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by Application
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Material Type
Table 24: MEA Market US$ Mn Forecast by Application
List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Phase Change Materials Market