Press release
Global Advanced Phase Change Materials (PCM) Market Expected to Witness a Sustainable Growth over 2023
Phase change materials (PCMs) are substances with a high enthalpy of fusion, also known as latent heat, meaning they can store large quantities of heat energy as they change phase. When melting, they absorb heat and maintain the temperature of the environment at a certain value until completely molten. When the temperature of the environment falls below the crystallisation temperature, the PCM will start to solidify, releasing large quantities of heat and maintaining the temperature until completely solid.
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Global Advanced Phase Change Materials (PCM) Market: Forecast by Type / Application / Region
In consumption market, the growth rate of global consumption is stable. USA， Europe， China， Japan， Southeast Asia， India are still the mainly consumption regions, due to the advanced production technology and rapid development of economy.
Over the next five years, LPI(LP Information) projects that Advanced Phase Change Materials (PCM) will register a 14.2% CAGR in terms of revenue, reach US$ 1660 million by 2023, from US$ 850 million in 2017.
Global Advanced Phase Change Materials (PCM) Market: Key Players
BASF
Honeywell
Cryopak
Entropy Solutions Inc.
Climator Sweden AB
Phase Change Energy Solutions
Outlast Technologies
Dow Building Solutions
Chemours Company
PCM Energy Ltd
Rubitherm Technologies GmbH
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Related Information:
United States Advanced Phase Change Materials (PCM) Market Research Report 2018
Europe Advanced Phase Change Materials (PCM) Market Research Report 2018
North America Advanced Phase Change Materials (PCM) Market Research Report 2018
Asia-Pacific Advanced Phase Change Materials (PCM) Market Research Report 2018
China Advanced Phase Change Materials (PCM) Market Research Report 2018
EMEA Advanced Phase Change Materials (PCM) Market Research Report 2018
Global Advanced Phase Change Materials (PCM) Market Research Report 2018
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