Phase Change Material Market by type (Inorganic, Organic), Application (Building & Construction, HVAC, Cold Chain & Packaging, Electronics, Textile) and Region (North America, Europe, APAC, Rest of World) - Global Forecasts to 2026
[252 Pages Report] The phase change material market size is projected to reach USD 1,004 million by 2026 from USD 477 million in 2021, at a CAGR of 16.0%. Phase change materials are compounds that absorb, store, and release a large amount of heat at a relatively constant temperature by changing their physical state. When an phase change material freezes, it releases a large amount of energy as latent heat whereas, when such a material melts, it absorbs a large amount of heat from the environment.
Phase change material absorb and release heat by liquefying and solidifying at set temperatures. The natural latent heat property of phase change material helps in maintaining a structures temperature and preventing sudden external changes. Fluctuations in ambient temperature recharge phase change material, making them suitable for everyday applications. The high regulations for reduction of greenhouse gas emission is fueling the growth of the phase change material market. However, the lack of awareness and flammability are hampering the market growth. The phase change material market is segmented based on type (organic, inorganic), application (HVAC, cold chain & packaging, textile, electronics, thermal energy storage, refrigeration & equipment and others).
To know about the assumptions considered for the study, Request for Free Sample Report
Impact of COVID-19 on construction lubricants market.
The phase change material industry got affected negatively by the pandemic. Owning to the pandemic situation, several countries around the world went into lockdown, to curb the spread of the virus. Due to this the supply and demand chain got disrupted affecting the market. The industries, manufacturing units, infrastructural projects and mining operations got on hold for the past two years due to the pandemic situation.
The fluctuating price of raw materials used to make phase change material and COVID-19 pandemic have hindered the growth of the phase change material market. The companies on a brighter side are expecting the situations to get back to normal and the market to improve in the near future. The countries such as China, US, among the others are back on their feet continuing their regular work.
Increased use of phase change material for temperature control.
One of the major drivers for the phase change material market is increased use of phase change material for temperature control. The application of phase change material in buildings ensures temperature regulation in rooms. Variations in environmental temperatures during the day and night are used to change the phase of the material, which releases and absorbs energy during the process. Temperature regulation using phase change material reduces the load on the heating and cooling equipment used for maintaining room temperature.
Lack of awareness to limit the use of phase change materials.
The major problem faced by the phase change material industry is the lack of awareness regarding the benefits of using phase change material and its products. Companies marketing phase change material are trying to increase awareness regarding their products and the advantages that can be derived by using them. The government also plays an important role in increasing awareness about phase change material through regulations and subsidies. The advantages of using phase change material such as energy saving and low greenhouse gas emissions can compel governments to encourage and enforce its use, resulting in increase in demand for phase change material. Indirect regulations and policies in a few countries such as China and Australia are also creating awareness about phase change material as the alternative for reducing energy consumption, greenhouse gases, and operating cost.
Technological & product innovation
The current market demand is concentrated on phase change material that are cost-effective and meet the minimum standards or regulations mandated in the region. So the increasing demand for new and innovative products leads to technological and product innovation.
To know about the assumptions considered for the study, download the pdf brochure
Europe to account for the largest share of the global phase change material market during the forecast period
Europe is an emerging market for phase change material market, and it is mainly attributed to high economic growth rate, followed by heavy investment across industries such as oil & gas, automotive, infrastructure, chemical, and electronics among others.
The presence of stringent building codes, along with enhancements in energy efficiency in the region, drove the demand for phase change material. In addition, variable climatic conditions in Europe also result in high demand for smart clothing and textiles for use under both, hot and cold conditions. All these factors drive the market in European market.
Phase Change Material Ecosystem
Key Market Players
The key market players profiled in the report include Cold Chain Technologies, Inc. (US), Croda International Plc. (UK), Microtek Laboratories Inc. (US), Sasol Limited (South Africa), PureTemp LLC. (US), Henkel AG & Company KGAA (Germany), Outlast Technologies LLC (US), Climator Sweden AB (Sweden), Ciat Group (France), Honeywell Electronic Materials, Inc. (US), among others.
PureTemp LLC, also known as Entropy Solutions LLC, is a company based in Minnesota, US. It offers renewable PCM to meet the temperature-sensitive requirements in shipping, building & construction, textile, energy storage, HVAC, and healthcare industries. Unlike most PCM derived from petroleum, Entropy has developed a range of advanced biobased PCM derived from vegetable fats and oils. The company started producing the worlds first 100% renewable phase change materials since 2007. It is engineered to maintain more than 200 different transition temperatures with consistent, repeatable performance. These renewable and environment-friendly materials are sold under the brand name, PureTemp. The company has a strong presence in North America.
Climator Sweden AB is one of the leading companies offering phase change materials, their business model is based on collaboration with clients and involving in the co-development of unique and fully customized solutions using Climsel. They work in products areas including transport, room, body and equipment. The company offers salt based PCM under the brand name, Climsel. The company has a dominance in European region
Croda International Plc. is a British specialty chemical company that manufactures, markets, and distributes bio-based specialty chemicals. The company offers its products in the personal care, healthcare, agriculture, lubricants, coatings & polymers, polymer additives, homecare, geo-technologies, and industrial chemicals segments. The company has a presence in Europe, the Middle East & Africa, North America, Asia Pacific, and Latin America with manufacturing sites and offices in more than 30 countries
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
Request Sample Scope of the Report
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
|
Report Metric |
Details |
|
Years considered for the study |
20162026 |
|
Base year considered |
2020 |
|
Forecast Period |
20212026 |
|
Units considered |
Value (USD Million), Volume (tons) |
|
Segments covered |
Type, Application, and Region |
|
Regions covered |
North America, Europe, Asia Pacific and Rest of the World |
|
Companies profiled |
Cold Chain Technologies, Inc. (US), Croda International Plc. (UK), Microtek Laboratories Inc. (US), Sasol Limited (South Africa), PureTemp LLC. (US), Henkel AG & Company KGAA (Germany), Outlast Technologies LLC (US), Advansa B.V. (The Netherlands), AI Technology Inc. (US), Climator Sweden AB (Sweden), Ciat Group (France), Honeywell Electronic Materials, Inc. (US), Phase Change Materials Products Ltd. (UK), Rubitherm Technologies GmbH (Germany), and Teappcm (India)among others. Top 25 major players covered
|
This report categorizes the global phase change material market based on type, application and region.
On the basis of type, the phase change material market has been segmented as follows:
- Inorganic
- Organic
On the basis of application, the phase change material market has been segmented as follows:
- HVAC
- Cold Chain & Packaging
- Thermal Energy Storage
- Electronics
- Textile
- Building & Construction
- Refrigeration & Equipment
- Others
On the basis of region, the phase change material market has been segmented as follows:
- North America
- Europe
- Asia Pacific
- Rest of the World
Recent Developments:
- In January 2019, PureTemp LLC launched a temperature-control fabric coating to control ambient temperature swings in apparel, footwear, bedding, safety, medical, workwear, and industrial applications
- In March 2019, Croda International introduced two new biobased PCMs, CrodaTherm 32 and CrodaTherm 37. These two new products provide high latent heat, narrow melting and crystallization points, and high cycle stability.
FAQs
What are the high growth type of phase change materials?
Inorganic is the largest type of phase change material in terms of both value and volume, in the global market in 2020. Inorganic phase change material is classified as salt hydrates and metallic. Metallic includes low melting metals and metal eutectics that are not yet commercialized due to their weight. Increasing demand from building & construction, electronics, cold chain & logistics and other applications is fueling the demand for inorganic phase change materials.
What are the major factors impacting market growth during the forecast period?
The market growth is primarily due to the regulations for reduction of greenhouse gas emission and increased use of phase change material for temperature control and comfort. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 37)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 PHASE CHANGE MATERIAL MARKET: INCLUSIONS AND EXCLUSIONS
1.2.2 PHASE CHANGE MATERIAL: MARKET DEFINITION AND INCLUSIONS, BY TYPE
1.2.3 PHASE CHANGE MATERIAL: MARKET DEFINITION AND INCLUSIONS, BY APPLICATION
1.3 MARKET DEFINITION
FIGURE 1 PHASE CHANGE MATERIAL MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 42)
2.1 RESEARCH DATA
FIGURE 2 PHASE CHANGE MATERIAL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews: demand-side and supply-side
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION - APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SALE OF PHASE CHANGE MATERIAL
FIGURE 4 MARKET SIZE ESTIMATION - BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL PHASE CHANGE MATERIAL COMPANIES
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (DEMAND-SIDE): PRODUCTS SOLD AND THEIR AVERAGE SELLING PRICE
2.2.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 TOP-DOWN
2.3 DATA TRIANGULATION
FIGURE 7 PHASE CHANGE MATERIAL MARKET: DATA TRIANGULATION
2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
2.4.1 SUPPLY-SIDE
FIGURE 8 MARKET CAGR PROJECTIONS FROM SUPPLY-SIDE
2.4.2 DEMAND-SIDE
FIGURE 9 MARKET GROWTH PROJECTIONS FROM DEMAND SIDE: DRIVERS AND OPPORTUNITIES
2.5 FACTORS ANALYSIS
2.6 ASSUMPTIONS
2.7 LIMITATIONS
2.8 RISK ASSESSMENT
TABLE 1 PHASE CHANGE MATERIAL MARKET: RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 53)
FIGURE 10 COLD CHAIN & PACKAGING ESTIMATED TO BE THE LARGEST APPLICATION SEGMENT OF THE PHASE CHANGE MATERIAL MARKET IN 2020
FIGURE 11 INORGANIC PHASE CHANGE MATERIAL EXPECTED TO DOMINATE THE PHASE CHANGE MATERIAL MARKET BETWEEN 2021 AND 2026
FIGURE 12 EUROPE ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2020
4 PREMIUM INSIGHTS (Page No. - 57)
4.1 ATTRACTIVE OPPORTUNITIES IN THE PHASE CHANGE MATERIAL MARKET
FIGURE 13 THE GROWING DEMAND FROM THE COLD CHAIN & PACKAGING APPLICATION TO DRIVE THE PHASE CHANGE MATERIAL MARKET DURING THE FORECAST PERIOD
4.2 PHASE CHANGE MATERIAL MARKET SIZE, BY REGION
FIGURE 14 EUROPE EXPECTED TO BE THE LARGEST MARKET FOR PHASE CHANGE MATERIALS DURING THE FORECAST PERIOD
4.3 EUROPE: PHASE CHANGE MATERIAL MARKET, BY APPLICATION AND COUNTRY, 2020
FIGURE 15 THE UK ACCOUNTED FOR THE LARGEST SHARE OF THE PHASE CHANGE MATERIAL MARKET IN 2020
4.4 PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION
FIGURE 16 COLD CHAIN & PACKAGING EXPECTED TO BE THE LARGEST APPLICATION SEGMENT OF THE PHASE CHANGE MATERIAL MARKET IN 2026
4.5 PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION VS REGION
FIGURE 17 COLD CHAIN & PACKAGING EXPECTED TO BE THE DOMINANT APPLICATION OF THE PHASE CHANGE MATERIAL MARKET IN MOST REGIONS
4.6 PHASE CHANGE MATERIAL MARKET, BY KEY COUNTRIES
FIGURE 18 THE PHASE CHANGE MATERIAL MARKET IN THE US PROJECTED TO REGISTER THE HIGHEST CAGR BETWEEN 2021 AND 2026
5 MARKET OVERVIEW (Page No. - 61)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 PHASE CHANGE MATERIAL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Regulations for the reduction of greenhouse gas emissions
TABLE 2 REGION-WISE ENVIRONMENTAL NORMS: REGULATIONS DRIVING GROWTH OF THE PHASE CHANGE MATERIAL MARKET
5.2.1.2 Use of phase change material for temperature control and greater comfort
FIGURE 20 A COMPARISON BETWEEN TEMPERATURES WITH AND WITHOUT THE USE OF PHASE CHANGE MATERIAL
5.2.1.3 Use of phase change material for peak-load shifting
5.2.1.4 Alternative for reducing energy cost
5.2.1.5 Reduction in operating cost for cold chain and packaging industry
5.2.1.6 Effective solution for temperature-sensitive applications
5.2.1.7 Technical superiority over conventional materials
5.2.1.7.1 Wide range of melting temperatures
TABLE 3 PHASE CHANGE MATERIAL APPLICATIONS WITH RESPECT TO THEIR TEMPERATURE
5.2.1.7.2 Availability of phase change material in various grades
TABLE 4 TYPES AND FORMS OF PHASE CHANGE MATERIAL
5.2.1.7.3 Long operating life
5.2.1.7.4 Use for both, cooling and heating purposes
5.2.1.7.5 High heat storage capacity
FIGURE 21 HEAT CAPACITY OF PHASE CHANGE MATERIAL VS. OTHER INSULATING MATERIALS
5.2.2 RESTRAINTS
5.2.2.1 Lack of awareness for the benefits of PCM
5.2.2.2 Flammability and corrosiveness restrict the usage of PCM
5.2.2.3 Lack of government subsidies
5.2.3 OPPORTUNITIES
5.2.3.1 The rise in the need for cold chain logistics
5.2.3.2 R&D initiatives for enhanced phase change material efficiency
FIGURE 22 GLOBAL R&D INITIATIVES TO INCREASE THE EFFICIENCY OF PHASE CHANGE MATERIAL
5.2.4 CHALLENGES
5.2.4.1 Relatively high cost of switching from conventional materials
5.2.4.2 Impact of COVID-19
TABLE 5 COUNTRY-WISE PERCENTAGE DEVIATION ACROSS THE MANUFACTURING AND SERVICE SECTORS FROM BENCHMARKS DUE TO COVID-19
5.3 PORTERS FIVE FORCES ANALYSIS
FIGURE 23 PORTERS FIVE FORCES ANALYSIS OF PHASE CHANGE MATERIAL MARKET
TABLE 6 PHASE CHANGE MATERIAL MARKET: PORTERS FIVE FORCES ANALYSIS
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 TECHNOLOGY ANALYSIS
5.4.1 ACTIVE COOLING--BASED BATTERY THERMAL MANAGEMENT USING COMPOSITE PHASE CHANGE MATERIALS
5.4.2 NANOSCALE SWITCHING
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES
TABLE 7 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 20182026 (USD BILLION)
5.6 COVID-19 IMPACT
5.6.1 INTRODUCTION
5.6.2 COVID-19 HEALTH ASSESSMENT
FIGURE 24 COUNTRY-WISE SPREAD OF COVID-19
5.6.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 25 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2021
5.6.3.1 COVID-19 Impact on the EconomyScenario Assessment
FIGURE 26 FACTORS IMPACTING THE GLOBAL ECONOMY
5.7 IMPACT OF COVID-19: CUSTOMER ANALYSIS
6 INDUSTRY TRENDS (Page No. - 78)
6.1 SUPPLY CHAIN ANALYSIS
FIGURE 27 PHASE CHANGE MATERIALS: SUPPLY CHAIN
6.1.1 RAW MATERIAL
6.1.2 MANUFACTURING OF PHASE CHANGE MATERIAL
6.1.3 DISTRIBUTION TO END USERS
6.1.4 APPLICATION
6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS BUSINESS
6.2.1 REVENUE SHIFTS & REVENUE POCKETS FOR PHASE CHANGE MATERIAL MARKET
FIGURE 28 REVENUE SHIFT FOR PHASE CHANGE MATERIALS MARKET
6.3 CONNECTED MARKETS: ECOSYSTEM
TABLE 8 PHASE CHANGE MATERIAL MARKET: SUPPLY CHAIN
FIGURE 29 PHASE CHANGE MATERIAL MARKET: ECOSYSTEM
6.4 CASE STUDY ANALYSIS
6.4.1 A CASE STUDY ON HEATVENTORS SERVER COOLING USING CRODATHERM
6.4.2 A CASE STUDY ON COLD CHAIN LOGISTICS
6.5 TRADE ANALYSIS
6.5.1 IMPORT SCENARIO OF PHASE CHANGE MATERIAL
FIGURE 30 PHASE CHANGE MATERIALS IMPORTS, BY KEY COUNTRY, 2016-2020
TABLE 9 PHASE CHANGE MATERIAL IMPORTS, BY REGION, 2016-2020 (USD BILLION)
6.5.2 EXPORT SCENARIO OF PHASE CHANGE MATERIAL
FIGURE 31 PHASE CHANGE MATERIALS EXPORTS, BY KEY COUNTRY, 2016- 2020
TABLE 10 PHASE CHANGE MATERIAL EXPORTS, BY REGION, 2016-2020 (USD BILLION)
6.6 AVERAGE SELLING PRICE
FIGURE 32 AVERAGE SELLING PRICE OF PHASE CHANGE MATERIAL, BY REGION (USD/KG)
TABLE 11 AVERAGE SELLING PRICE OF PHASE CHANGE MATERIAL, BY REGION (USD/KG)
6.7 PHASE CHANGE MATERIAL MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIO
FIGURE 33 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIO
TABLE 12 PHASE CHANGE MATERIAL MARKET: MARKET FORECAST SCENARIO, 2019-2026 (USD MILLION)
6.7.1 NON-COVID-19 SCENARIO
6.7.2 OPTIMISTIC SCENARIO
6.7.3 PESSIMISTIC SCENARIO
6.7.4 REALISTIC SCENARIO
6.8 REGULATORY LANDSCAPE
6.8.1 REGULATIONS RELATED TO PHASE CHANGE MATERIAL MARKET
6.9 PATENT ANALYSIS
6.9.1 APPROACH
6.9.2 DOCUMENT TYPE
TABLE 13 GRANTED PATENTS ACCOUNT FOR 16 % OF ALL PATENTS IN LAST 10 YEARS
FIGURE 34 PATENTS REGISTERED FOR PHASE CHANGE MATERIAL, 20102020
FIGURE 35 PATENTS PUBLICATION TRENDS FOR PHASE CHANGE MATERIAL, 20102020
FIGURE 36 LEGAL STATUS OF PATENTS
6.9.3 JURISDICTION ANALYSIS
FIGURE 37 MAXIMUM PATENTS FILED BY COMPANIES IN CHINA
6.9.4 TOP APPLICANTS
FIGURE 38 IBM REGISTERED MAXIMUM NUMBER OF PATENTS FROM 2010 TO 2020
TABLE 14 LIST OF PATENTS BY IBM
TABLE 15 LIST OF PATENTS BY MICRON TECHNOLOGY INC.
TABLE 16 LIST OF PATENTS BY COMMISSARIAT ENERGIE ATOMIQUE
TABLE 17 TOP 10 PATENT OWNERS IN US, 20102020
7 PHASE CHANGE MATERIAL MARKET, BY TYPE (Page No. - 95)
7.1 INTRODUCTION
FIGURE 39 THE INORGANIC SEGMENT PROJECTED TO DOMINATE THE PHASE CHANGE MATERIAL MARKET FROM 2021 TO 2026
TABLE 18 COMPARATIVE ANALYSIS OF DIFFERENT TYPES OF PHASE CHANGE MATERIAL
TABLE 19 PHASE CHANGE MATERIAL TYPE, BY APPLICATION
TABLE 20 PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 21 PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 22 PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 23 PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
7.2 INORGANIC PCM
7.2.1 THE INFLAMMABLE NATURE OF INORGANIC PCMS TO DRIVE THE DEMAND DURING THE FORECAST PERIOD
TABLE 24 LIST OF INORGANIC PCM MATERIALS ALONG WITH THEIR PROPERTIES
FIGURE 40 EUROPE PROJECTED TO BE THE LARGEST INORGANIC PCM MARKET DURING THE FORECAST PERIOD
TABLE 25 INORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20162019 (USD MILLION)
TABLE 26 INORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20202026 (USD MILLION)
TABLE 27 INORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20162019 (TON)
TABLE 28 INORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20202026 (TON)
7.3 ORGANIC PCM
7.3.1 PARAFFIN ARE THE MOST WIDELY USED ORGANIC PCMS
7.3.2 BIO-BASED PCM
FIGURE 41 NORTH AMERICA IS PROJECTED TO BE THE FASTEST-GROWING ORGANIC PCM MARKET FROM 2021 TO 2026
TABLE 29 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20162019 (USD MILLION)
TABLE 30 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20202026 (USD MILLION)
TABLE 31 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20162019 (TON)
TABLE 32 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20202026 (TON)
TABLE 33 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 34 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 35 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 36 ORGANIC PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 37 LIST OF NON-PARAFFIN BASED ORGANIC PCM MATERIALS ALONG WITH THEIR PROPERTIES
TABLE 38 LIST OF PARAFFIN BASED ORGANIC PCM MATERIALS ALONG WITH THEIR PROPERTIES
8 PHASE CHANGE MATERIAL MARKET, BY APPLICATION (Page No. - 108)
8.1 INTRODUCTION
FIGURE 42 COLD CHAIN & PACKAGING TO BE THE FASTEST-GROWING APPLICATION DURING THE FORECAST PERIOD
TABLE 39 PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 40 PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 41 PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 42 PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
8.2 COLD CHAIN & PACKAGING
8.2.1 THE NEED TO TRANSPORT TEMPERATURE-SENSITIVE GOODS TO DRIVE DEMAND FOR PHASE CHANGE MATERIAL
FIGURE 43 EUROPE PROJECTED TO BE THE LARGEST PHASE CHANGE MATERIAL MARKET IN THE COLD CHAIN & PACKAGING FROM 2021 TO 2026
TABLE 43 PHASE CHANGE MATERIAL MARKET SIZE IN COLD CHAIN & PACKAGING APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 44 PHASE CHANGE MATERIAL MARKET SIZE IN COLD CHAIN & PACKAGING APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 45 PHASE CHANGE MATERIAL MARKET SIZE IN THE COLD CHAIN & PACKAGING APPLICATION, BY REGION, 20162019 (TON)
TABLE 46 PHASE CHANGE MATERIAL MARKET SIZE IN THE COLD CHAIN & PACKAGING APPLICATION, BY REGION, 20202026 (TON)
8.3 BUILDING & CONSTRUCTION
8.3.1 THE NEED FOR TEMPERATURE CONTROL IN BUILDING & CONSTRUCTION TO DRIVE DEMAND FOR PHASE CHANGE MATERIALS
FIGURE 44 NORTH AMERICA IS PROJECTED TO BE THE FASTEST-GROWING PCM MARKET IN THE BUILDING & CONSTRUCTION FROM 2021 TO 2026
TABLE 47 PHASE CHANGE MATERIAL MARKET SIZE IN BUILDING & CONSTRUCTION APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 48 PHASE CHANGE MATERIAL MARKET SIZE IN BUILDING & CONSTRUCTION APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 49 PHASE CHANGE MATERIAL MARKET SIZE IN THE BUILDING & CONSTRUCTION APPLICATION, BY REGION, 20162019 (TON)
TABLE 50 PHASE CHANGE MATERIAL MARKET SIZE IN THE BUILDING & CONSTRUCTION APPLICATION, BY REGION, 20202026 (TON)
8.4 HVAC
8.4.1 THE NEED FOR INTELLIGENT HEATING AND COOLING SYSTEMS TO DRIVE THE DEMAND FOR PHASE CHANGE MATERIAL
FIGURE 45 FUNCTION OF PHASE CHANGE MATERIAL IN REDUCING PEAK LOAD
FIGURE 46 EUROPE PROJECTED TO BE THE LARGEST MARKET FOR PHASE CHANGE MATERIAL IN THE HVAC APPLICATION FROM 2021 TO 2026
TABLE 51 PHASE CHANGE MATERIAL MARKET SIZE IN HVAC APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 52 PHASE CHANGE MATERIAL MARKET SIZE IN HVAC APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 53 PHASE CHANGE MATERIAL MARKET SIZE IN HVAC APPLICATION, BY REGION, 20162019 (TON)
TABLE 54 PHASE CHANGE MATERIAL MARKET SIZE IN HVAC APPLICATION, BY REGION, 20202026 (TON)
8.5 THERMAL ENERGY STORAGE (TES)
8.5.1 THE USE OF PHASE CHANGE MATERIAL FOR STORING RENEWABLE ENERGY TO DRIVE DEMAND IN THE TES APPLICATION
8.5.2 BOILER/ POWER PLANT
8.5.3 SOLAR ENERGY STORAGE
TABLE 55 COMMERCIALLY AVAILABLE PHASE CHANGE MATERIALS FOR SOLAR ENERGY STORAGE
8.5.4 GEOTHERMAL ENERGY STORAGE
FIGURE 47 NORTH AMERICA PROJECTED TO BE THE SECOND-LARGEST MARKET FOR PHASE CHANGE MATERIAL IN THE THERMAL ENERGY STORAGE APPLICATION FROM 2021 TO 2026
TABLE 56 PHASE CHANGE MATERIAL MARKET SIZE IN THERMAL ENERGY STORAGE APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 57 PHASE CHANGE MATERIAL MARKET SIZE IN THERMAL ENERGY STORAGE APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 58 PHASE CHANGE MATERIAL MARKET SIZE IN THERMAL ENERGY STORAGE APPLICATION, BY REGION, 20162019 (TON)
TABLE 59 PHASE CHANGE MATERIAL MARKET SIZE IN THERMAL ENERGY STORAGE APPLICATION, BY REGION, 20202026 (TON)
8.6 REFRIGERATION & EQUIPMENT
8.6.1 THE INCREASING USE OF CHILLERS, PASSIVE SHIPPERS, AND ACTIVE COMPRESSOR UNITS TO DRIVE THE DEMAND FOR PHASE CHANGE MATERIALS
8.6.2 FIXED REFRIGERATION
FIGURE 48 EUROPE TO BE THE LARGEST MARKET FOR PHASE CHANGE MATERIAL IN THE REFRIGERATION & EQUIPMENT APPLICATION FROM 2021 TO 2026
TABLE 60 PHASE CHANGE MATERIAL MARKET SIZE IN THE REFRIGERATION & EQUIPMENT APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 61 PHASE CHANGE MATERIAL MARKET SIZE IN THE REFRIGERATION & EQUIPMENT APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 62 PHASE CHANGE MATERIAL MARKET SIZE IN THE REFRIGERATION & EQUIPMENT APPLICATION, BY REGION, 20162019 (TON)
TABLE 63 PHASE CHANGE MATERIAL MARKET SIZE IN THE REFRIGERATION & EQUIPMENT APPLICATION, BY REGION, 20202026 (TON)
8.7 TEXTILES
8.7.1 THE DEMAND FOR PHASE CHANGE MATERIALS IN TEXTILES IS INCREASING OWING TO THE NEED FOR THERMO-PHYSICAL COMFORT
8.7.2 INCORPORATION OF PHASE CHANGE MATERIAL IN TEXTILES
FIGURE 49 ASIA PACIFIC PROJECTED TO BE THE FASTEST-GROWING MARKET FOR PHASE CHANGE MATERIAL IN THE TEXTILE APPLICATION FROM 2021 TO 2026
TABLE 64 PHASE CHANGE MATERIAL MARKET SIZE IN TEXTILE APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 65 PHASE CHANGE MATERIAL MARKET SIZE IN TEXTILE APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 66 PHASE CHANGE MATERIAL MARKET SIZE IN THE TEXTILE APPLICATION, BY REGION, 20162019 (TON)
TABLE 67 PHASE CHANGE MATERIAL MARKET SIZE IN THE TEXTILE APPLICATION, BY REGION, 20202026 (TON)
8.8 ELECTRONICS
8.8.1 THE USE OF PHASE CHANGE MATERIALS FOR THERMAL MANAGEMENT IN ELECTRONIC ITEMS TO DRIVE DEMAND
8.8.2 PHASE CHANGE MEMORY (PCRAM)
TABLE 68 COMPARATIVE ANALYSIS: DIFFERENT MEMORY TYPES
8.8.3 THERMAL INTERFACE MATERIAL (TIM)
FIGURE 50 NORTH AMERICA PROJECTED TO BE THE FASTEST-GROWING MARKET FOR PHASE CHANGE MATERIAL IN THE ELECTRONICS APPLICATION FROM 2021 TO 2026
TABLE 69 PHASE CHANGE MATERIAL MARKET SIZE IN THE ELECTRONICS APPLICATION, BY REGION, 20162019 (USD MILLION)
TABLE 70 PHASE CHANGE MATERIAL MARKET SIZE IN THE ELECTRONICS APPLICATION, BY REGION, 20202026 (USD MILLION)
TABLE 71 PHASE CHANGE MATERIAL MARKET SIZE IN THE ELECTRONICS APPLICATION, BY REGION, 20162019 (TON)
TABLE 72 PHASE CHANGE MATERIAL MARKET SIZE IN THE ELECTRONICS APPLICATION, BY REGION, 20202026 (TON)
8.9 OTHERS
8.9.1 AUTOMOTIVE
8.9.2 HEALTHCARE
8.9.3 TELECOMMUNICATION
FIGURE 51 EUROPE IS PROJECTED TO BE THE LARGEST MARKET IN OTHER APPLICATIONS OF PHASE CHANGE MATERIAL FROM 2021 TO 2026
TABLE 73 PHASE CHANGE MATERIAL MARKET SIZE IN THE OTHER APPLICATIONS, BY REGION, 20162019 (USD MILLION)
TABLE 74 PHASE CHANGE MATERIAL MARKET SIZE IN THE OTHER APPLICATIONS, BY REGION, 20202026 (USD MILLION)
TABLE 75 PHASE CHANGE MATERIAL MARKET SIZE IN THE OTHER APPLICATIONS, BY REGION, 20162019 (TON)
TABLE 76 PHASE CHANGE MATERIAL MARKET SIZE IN THE OTHER APPLICATIONS, BY REGION, 20202026 (TON)
9 PHASE CHANGE MATERIAL MARKET, BY REGION (Page No. - 134)
9.1 INTRODUCTION
FIGURE 52 NORTH AMERICA PROJECTED TO BE THE FASTEST-GROWING MARKET DURING THE FORECAST PERIOD
TABLE 77 PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20162019 (USD MILLION)
TABLE 78 PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20202026 (USD MILLION)
TABLE 79 PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20162019 (TON)
TABLE 80 PHASE CHANGE MATERIAL MARKET SIZE, BY REGION, 20202026 (TON)
9.2 EUROPE
FIGURE 53 EUROPEAN PHASE CHANGE MATERIAL MARKET SNAPSHOT: UK TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
9.2.1 EUROPE PHASE CHANGE MATERIAL MARKET, BY TYPE
TABLE 81 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 82 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 83 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 84 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
9.2.2 EUROPE PHASE CHANGE MATERIAL MARKET, BY APPLICATION
TABLE 85 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 86 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 87 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 88 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.2.3 EUROPE PHASE CHANGE MATERIAL MARKET, BY COUNTRY
TABLE 89 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20162019 (USD MILLION)
TABLE 90 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20202026 (USD MILLION)
TABLE 91 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20162019 (TON)
TABLE 92 EUROPE: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20202026 (TON)
9.2.3.1 Germany
9.2.3.1.1 Energy Conservation Ordinance to drive the demand for phase change materials in Germany
TABLE 93 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 94 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 95 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 96 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 97 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 98 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 99 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 100 GERMANY: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.2.3.2 UK
9.2.3.2.1 Prevalence of cold temperature to drive the phase change material market
TABLE 101 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 102 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 103 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 104 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 105 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 106 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 107 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 108 UK: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.2.3.3 France
9.2.3.3.1 Energy Efficiency Certificates expected to drive the market for phase change material in building & construction application
TABLE 109 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 110 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 111 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 112 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 113 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 114 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 115 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 116 FRANCE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.2.3.4 The Netherlands
9.2.3.4.1 Stringent building codes in the country to drive demand for phase change materials
TABLE 117 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 118 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 119 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 120 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 121 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 122 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 123 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 124 THE NETHERLANDS: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.3 NORTH AMERICA
FIGURE 54 NORTH AMERICAN PHASE CHANGE MATERIAL MARKET SNAPSHOT: US PROJECTED TO GROW AT A HIGH CAGR DURING THE FORECAST PERIOD
9.3.1 NORTH AMERICA PHASE CHANGE MATERIALS MARKET, BY TYPE
TABLE 125 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 126 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 127 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 128 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
9.3.2 NORTH AMERICA PHASE CHANGE MATERIALS MARKET, BY APPLICATION
TABLE 129 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 130 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 131 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 132 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.3.3 NORTH AMERICA PHASE CHANGE MATERIALS MARKET, BY COUNTRY
TABLE 133 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20162019 (USD MILLION)
TABLE 134 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20202026 (USD MILLION)
TABLE 135 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20162019 (TON)
TABLE 136 NORTH AMERICA: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20202026 (TON)
9.3.3.1 US
9.3.3.1.1 The presence of major manufacturers and rising awareness regarding the use of phase change materials to drive demand in the US
TABLE 137 US: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 138 US: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 139 US: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 140 US: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 141 US: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 142 US: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 143 US: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 144 US: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.4 ASIA PACIFIC
FIGURE 55 ASIA PACIFIC PHASE CHANGE MATERIAL MARKET SNAPSHOT: CHINA PROJECTED TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
9.4.1 ASIA PACIFIC PHASE CHANGE MATERIALS MARKET, BY TYPE
TABLE 145 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 146 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 147 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 148 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
9.4.2 ASIA PACIFIC PHASE CHANGE MATERIALS MARKET, BY APPLICATION
TABLE 149 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 150 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 151 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 152 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.4.3 ASIA PACIFIC PHASE CHANGE MATERIALS MARKET, BY COUNTRY
TABLE 153 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20162019 (USD MILLION)
TABLE 154 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20202026 (USD MILLION)
TABLE 155 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20162019 (TON)
TABLE 156 ASIA PACIFIC: PHASE CHANGE MATERIAL MARKET SIZE, BY COUNTRY, 20202026 (TON)
9.4.3.1 China
9.4.3.1.1 Increase in awareness about phase change material to drive demand
TABLE 157 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 158 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 159 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 160 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 161 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 162 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 163 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 164 CHINA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.4.3.2 India
9.4.3.2.1 Rise in the demand for renewable energy offers a significant opportunity for the growth of the phase change material market
TABLE 165 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 166 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 167 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 168 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 169 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 170 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 171 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 172 INDIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.4.3.3 Australia
9.4.3.3.1 Increase in renewable energy consumption and stringent building codes to drive the demand for phase change materials
TABLE 173 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 174 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 175 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 176 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 177 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 178 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 179 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 180 AUSTRALIA: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.4.3.4 Singapore
9.4.3.4.1 A highly developed healthcare sector in the country is expected to drive the demand for phase change materials
TABLE 181 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 182 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 183 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 184 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
TABLE 185 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 186 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 187 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 188 SINGAPORE: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
9.5 REST OF THE WORLD
9.5.1 REST OF THE WORLD PHASE CHANGE MATERIALS MARKET, BY TYPE
TABLE 189 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (USD MILLION)
TABLE 190 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (USD MILLION)
TABLE 191 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20162019 (TON)
TABLE 192 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY TYPE, 20202026 (TON)
9.5.2 REST OF THE WORLD PHASE CHANGE MATERIALS MARKET, BY APPLICATION
TABLE 193 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (USD MILLION)
TABLE 194 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (USD MILLION)
TABLE 195 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20162019 (TON)
TABLE 196 REST OF THE WORLD: PHASE CHANGE MATERIAL MARKET SIZE, BY APPLICATION, 20202026 (TON)
10 COMPETITIVE LANDSCAPE (Page No. - 187)
10.1 INTRODUCTION
10.2 STRATEGIES ADOPTED BY KEY PLAYERS
10.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PHASE CHANGE MATERIAL MANUFACTURERS
10.3 MARKET SHARE ANALYSIS
10.3.1 RANKING OF KEY MARKET PLAYERS, 2020
FIGURE 56 RANKING OF TOP THREE PLAYERS IN THE PHASE CHANGE MATERIAL MARKET, 2020
10.3.2 MARKET SHARE OF KEY PLAYERS
TABLE 197 PHASE CHANGE MATERIAL MARKET: DEGREE OF COMPETITION
FIGURE 57 PURETEMP LLC IS THE LEADING PLAYER IN THE PHASE CHANGE MATERIAL MARKET IN 2020
10.3.2.1 PureTemp LLC
10.3.2.2 Climator Sweden AB
10.3.2.3 Croda International Plc.
10.3.3 REVENUE ANALYSIS OF TOP THREE PLAYERS
FIGURE 58 REVENUE ANALYSIS OF KEY COMPANIES IN THE PAST 5 YEARS
10.4 COMPANY PRODUCT FOOTPRINT ANALYSIS
FIGURE 59 PHASE CHANGE MATERIAL MARKET: COMPANY FOOTPRINT
TABLE 198 PHASE CHANGE MATERIAL MARKET: APPLICATION FOOTPRINT
TABLE 199 PHASE CHANGE MATERIAL MARKET: TYPE FOOTPRINT
TABLE 200 PHASE CHANGE MARKET: COMPANY REGION FOOTPRINT
10.5 COMPANY EVALUATION QUADRANT (TIER 1)
10.5.1 STARS
10.5.2 EMERGING LEADERS
10.5.3 PARTICIPANT
FIGURE 60 COMPANY EVALUATION QUADRANT FOR PHASE CHANGE MATERIAL MARKET (TIER 1)
10.6 START-UP/SMES EVALUATION QUADRANT
10.6.1 PROGRESSIVE COMPANIES
10.6.2 RESPONSIVE COMPANIES
10.6.3 STARTING BLOCKS
FIGURE 61 START-UP/SMES EVALUATION QUADRANT FOR PHASE CHANGE MATERIAL MARKET
10.7 COMPETITIVE SITUATION AND TRENDS
10.7.1 NEW PRODUCT LAUNCHES
TABLE 201 PHASE CHANGE MATERIAL MARKET: NEW PRODUCT LAUNCHES (2018- 2021)
10.7.2 DEALS
TABLE 202 PHASE CHANGE MATERIAL MARKET: DEALS (2018- 2021)
10.7.3 OTHER DEVELOPMENTS
TABLE 203 PHASE CHANGE MATERIAL MARKET: EXPANSIONS, INVESTMENTS, AND INNOVATIONS (2016-2021)
11 COMPANY PROFILES (Page No. - 204)
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 MAJOR PLAYERS
11.1.1 PURETEMP LLC
TABLE 204 PURETEMP LLC: BUSINESS OVERVIEW
11.1.2 CLIMATOR SWEDEN AB
TABLE 205 CLIMATOR SWEDEN AB: COMPANY OVERVIEW
11.1.3 CRODA INTERNATIONAL PLC.
TABLE 206 CRODA INTERNATIONAL PLC.: COMPANY OVERVIEW
FIGURE 62 CRODA INTERNATIONAL PLC.: COMPANY SNAPSHOT
11.1.4 SASOL LIMITED
TABLE 207 SASOL LIMITED: COMPANY OVERVIEW
FIGURE 63 SASOL LIMITED: COMPANY SNAPSHOT
11.1.5 RUBITHERM TECHNOLOGIES GMBH
TABLE 208 RUBITHERM TECHNOLOGIES GMBH: COMPANY OVERVIEW
11.1.6 MICROTEK LABORATORIES INC.
TABLE 209 MICROTEK LABORATORIES INC.: COMPANY OVERVIEW
11.1.7 PLUSS ADVANCED TECHNOLOGIES PVT. LTD.
TABLE 210 PLUSS ADVANCED TECHNOLOGIES PVT. LTD: COMPANY OVERVIEW
11.1.8 DUPONT DE NEMOURS, INC.
TABLE 211 DUPONT DE NEMOURS, INC.: COMPANY OVERVIEW
FIGURE 64 DUPONT DE NEMOURS, INC.: COMPANY SNAPSHOT
11.1.9 HONEYWELL ELECTRONIC MATERIALS INC.
TABLE 212 HONEYWELL ELECTRONIC MATERIALS INC.: COMPANY OVERVIEW
FIGURE 65 HONEYWELL ELECTRONIC MATERIALS INC.: COMPANY SNAPSHOT
11.1.10 PHASE CHANGE ENERGY SOLUTIONS
TABLE 213 PHASE CHANGE ENERGY SOLUTIONS: COMPANY OVERVIEW
11.1.11 COLD CHAIN TECHNOLOGIES
TABLE 214 COLD CHAIN TECHNOLOGIES: COMPANY OVERVIEW
11.1.12 OUTLAST TECHNOLOGIES LLC
TABLE 215 OUTLAST TECHNOLOGIES LLC: COMPANY OVERVIEW
11.1.13 HENKEL AG & COMPANY KGAA
TABLE 216 HENKEL AG & COMPANY, KGAA: COMPANY OVERVIEW
FIGURE 66 HENKEL AG & COMPANY KGAA: COMPANY SNAPSHOT
11.1.14 PHASE CHANGE MATERIALS PRODUCTS LTD
TABLE 217 PHASE CHANGE MATERIALS PRODUCTS LTD.: COMPANY OVERVIEW
11.2 OTHER KEY MARKET PLAYERS
11.2.1 ADVANSA B.V.
TABLE 218 ADVANSA B.V.: BUSINESS OVERVIEW
11.2.2 AI TECHNOLOGY INC.
TABLE 219 AI TECHNOLOGY INC.: BUSINESS OVERVIEW
11.2.3 BEYOND INDUSTRIES (CHINA) LIMITED
TABLE 220 BEYOND INDUSTRIES (CHINA) LIMITED: BUSINESS OVERVIEW
11.2.4 BOYD CORPORATION
TABLE 221 BOYD CORPORATION: BUSINESS OVERVIEW
11.2.5 CIAT GROUP (CRISTOPIA ENERGY SYSTEMS)
TABLE 222 CIAT GROUP (CRISTOPIA ENERGY SYSTEMS): BUSINESS OVERVIEW
11.2.6 CRYOPAK INDUSTRIES INC.
TABLE 223 CRYOPAK INDUSTRIES INC: BUSINESS OVERVIEW
11.2.7 DATUM PHASE CHANGE LIMITED
TABLE 224 DATUM PHASE CHANGE LIMITED: BUSINESS OVERVIEW
11.2.8 GLOBAL-E-SYSTEMS EUROPE BV
TABLE 225 GLOBAL-E-SYSTEMS EUROPE BV: BUSINESS OVERVIEW
11.2.9 INSOLCORP INC.
TABLE 226 INSOLCORP INC: BUSINESS OVERVIEW
11.2.10 IOLITEC-IONIC LIQUIDS TECHNOLOGIES GMBH
TABLE 227 IOLITEC-IONIC LIQUIDS TECHNOLOGIES GMBH: BUSINESS OVERVIEW
11.2.11 KAPLAN ENERGY SAS
TABLE 228 KAPLAN ENERGY SAS: BUSINESS OVERVIEW
11.2.12 PARKER HANNIFIN CORP.
TABLE 229 PARKER HANNIFIN CORP.: BUSINESS OVERVIEW
11.2.13 SALCA BV
TABLE 230 SALCA BV: BUSINESS OVERVIEW
11.2.14 SHENZEN AOCHUAN TECHNOLOGY CO., LTD.
TABLE 231 SHENZEN AOUCHUAN TECHNOLOGY CO. LTD.: BUSINESS OVERVIEW
11.2.15 SHIN-ETSU CHEMICAL CO., LTD
TABLE 232 SHIN-ETSU CHEMICAL CO., LTD: BUSINESS OVERVIEW
11.2.16 TEAPPCM
TABLE 233 TEAPPCM: BUSINESS OVERVIEW
11.2.17 ENCAPSYS LLC
TABLE 234 ENCAPSYS LLC: BUSINESS OVERVIEW
11.2.18 COOLCOMPOSITE INC.
TABLE 235 COOLCOMPOSITE INC.: BUSINESS OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 ADJACENT & RELATED MARKETS (Page No. - 243)
12.1 INTRODUCTION
12.2 LIMITATION
12.3 THERMAL ENERGY STORAGE MARKET
12.3.1 MARKET DEFINITION
12.3.2 MARKET OVERVIEW
12.4 THERMAL ENERGY STORAGE MARKET, REGION
TABLE 236 THERMAL ENERGY STORAGE MARKET, CAPACITY, BY REGION, 20182025 (MWH)
TABLE 237 THERMAL ENERGY STORAGE MARKET, BY REGION, 20182025 (USD THOUSAND)
12.4.1 EUROPE
12.4.1.1 By country
TABLE 238 EUROPE THERMAL ENERGY STORAGE MARKET SIZE, BY COUNTRY, 20182025 (USD THOUSAND)
12.4.2 AMERICAS
12.4.2.1 By country
TABLE 239 AMERICAS: THERMAL ENERGY STORAGE MARKET SIZE, BY COUNTRY, 20182025 (USD THOUSAND)
12.4.3 MIDDLE EAST & AFRICA
12.4.3.1 By country
TABLE 240 MIDDLE EAST & AFRICA: THERMAL ENERGY STORAGE MARKET SIZE, BY COUNTRY, 20182025 (USD THOUSAND)
12.4.4 ASIA PACIFIC
12.4.4.1 By country
TABLE 241 ASIA PACIFIC: THERMAL ENERGY STORAGE MARKET SIZE, BY COUNTRY, 20182025 (USD THOUSAND)
13 APPENDIX (Page No. - 247)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
The study involved four major activities in estimating the market size for the phase change material market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. Findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives.
Primary Research
The phase change material market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of construction, electronics, textile, HVAC and other industries. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the phase change material market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
The key players in the industry were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the construction, oil& gas, automotive, electronics, healthcare, textile industry among others.
Report Objectives
- To analyze and forecast the size of the phase change material market in terms of value and volume
- To provide detailed information regarding key factors, such as drivers, restraints, challenges and opportunities influencing the growth of the market
- To define, describe, and segment the phase change material market based on type, and application.
- To forecast the size of the market segments for regions such as North America, Europe, Asia Pacific and Rest of the World.
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To strategically profile key players and comprehensively analyze their core competencies
Available Customizations
Along with the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
Regional Analysis
- Further breakdown of a region with respect to a particular country or additional type
Company Information
- Detailed analysis and profiles of additional market players (up to five)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Phase Change Material Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Phase Change Material Market
Do you have a phase change material (beeswax)?what is the price?And what are the specifications?I want to use it to cool photovoltaic panels.I want to mix it with glycerol, what do you think?
Specific information on the Phase Change Materials Market in food packaging applications
Interested in PCM reports
Information on the global market of the products and a description.
Interested to be listed in the Company Profiles section of the specific report
Phase Change Material (PCM) Market
Market information PCM materials for the thermal energy storage
Irrelevant
flexible polyurethane foam market by Application
Interested in Engine Controls market
Specific interest on major suppliers of encapsulated organic phase change material in South East Asia
Directory of global PCM manufacturers, including, key contacts data leading players and 2nd tier players.
General information on BIO Based PCM
General information on fabrics market and current market trends
Phase Change Material Market Report
Phase change material market report
Sample document for Phase Change Material Market Report
Specific information on Phase Change Material market for automotive industry