Phase Change Materials Market Outlook to 2024: Emerging Trends and Will Generate New Growth Opportunities Status

Market Study Report Add “Global Phase Change Materials Market Size, Status and Forecast 2024” added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth.

Phase Change Materials Market is set to exceed USD 4 billion by 2024; according to a new research report.

Key Manufactures on Global Market:

Henkel, BASF SE, Phase Change Products Pty Ltd., Sasol, Laird PLC, Entropy Solutions, Croda and The Dow Chemical Company 

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Phase change materials (PCM) market is poised to witness substantial growth rate during the forecast period. This exponential growth can be attributed to increasing global emphasis on reduction of greenhouse gases. According to International Energy Agency, global energy consumption increased twice from 1973 to 2012, reaching to approximately 8,500 Mtoe (million tons of oil equivalent).

Use of PCMs in as many applications as possible will reduce the demand for coolers and heaters and subsequently reduce energy consumption. By incorporating phase change materials in applications such as building and construction, and HVAC, companies can earn 10-20 times more carbon credits compared to other greener insulating materials.

Scope of Report:

Global Phase Change Materials Market 2017-2024, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

North America and Europe will be growing at prominent rates during the forecast period. Most of the countries in these regions have adopted advanced construction practices which utilize products such as phase change materials to improve the overall energy efficiency of structures. This contributes well in energy saving and ultimately aids in carbon footprint reduction. Phase change materials will experience surged demand in these regions over the forecast duration.

Phase change materials market, product by end-user 

Paraffin, Non-paraffin, Salt hydrates, Eutectics & Others 

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Objective of Studies:

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

To provide insights about factors affecting the market growth. To analyses the Phase Change Materials market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Phase Change Materials market.

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segment by application, product type and sub-segments.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.

To track and analyses competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global Phase Change Materials market.

The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Phase Change Materials market in 2024 is also explained. Additionally, type wise and application wise consumption tables and figures of Phase Change Materials market are also given.
Data Tables:

Table 1.    Phase change materials industry 360 degree synopsis, 2013 – 2024

Table 2.    Global phase change materials market estimates, 2013-2024, (Kilo Tons) (USD Million)

Table 3.    Global phase change materials market volume estimates, product by end-user, 2013 - 2024, (Kilo Tons)

Table 4.    Global phase change materials market revenue estimates, product by end-user, 2013 - 2024, (USD Million)

Table 5.    Global phase change materials market volume estimates, by end-user, 2013 - 2024, (Kilo Tons)

Table 6.    Global phase change materials market revenue estimates, by end-user, 2013 - 2024, (USD Million)

Table 7.    Global phase change materials market volume estimates, by region, 2013 - 2024, (Kilo Tons)

Table 8.    Global phase change materials market revenue estimates, by region, 2013 - 2024, (USD Million)

Table 9.    Vendor matrix

Table 10.    Industry impact forces

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