openPR Logo
Press release

Advanced Phase Change Material (PCM) Market Size by Type - Organic, Inorganic and Bio-based) – Trends & Global Forecast to 2023

SDMR

SDMR

The Advanced Phase Change Material (PCM) Market is valued at USD 900 million as on 2017 and is likely to reach USD 2,192 million by the end of 2023, growing at a CAGR of 16%. Growing concerns towards energy saving processes, sustainable development, increasing demand of biodegradable materials, and advancement in packaging science is driving the market for advanced PCMs globally. However, presence of harmful chemicals in PCMs and lack of government inventiveness and encouragement for the use of PCM products is to remain a major challenge for the advanced PCMs industry in near future.

In 2018, Europe accounts for the largest market share in advanced PCMs market followed by North America and Asia-Pacific. Growing construction activities in developing nations such as China, India, and Brazil is the main driver for the demand of PCM products. The governments in these nations is in a process of adopting environment-friendly legislation, which will further drive the demand of these products in these regions Also, continuous efforts of developed nations such as the US, EU-27, and Japan to save energy by optimizing the use of fossil fuels is further driving the use of PCM products in various applications.

Request Sample Report @ http://www.supplydemandmarketresearch.com/home/contact/6218?ref=Sample-and-Brouchure&toccode=SDMRCH6218

PCMs are broadly segmented into inorganic PCMs, organic PCMs, and bio-based PCMs. Organic PCMs are further classified as paraffin and non-paraffin materials, whereas inorganic phase changed materials segmented into salt hydrate and metallic. Bio-based advanced PCMs are mostly derived from plant oil or animal fat and poses higher biodegradability. Organic PCMs holds the largest market share in terms of value due to their high price. However, inorganic PCMs have the high consumption in terms of volume. Growing environment concerns and stiff regulation towards biodegradability, is expected to drive the demand of bio-based PCMs in coming years.

In 2017, building and construction is the largest application of PCMs due to their high use in building and construction activities especially in cooling buildings which in turn has arisen due to the shift from heavy thermal mass design to lightweight architecture. However, textile application is expected to have the highest CAGR of 25% from 2017 to 2023.

Market Players in PCM market adopt commonly adopting marketing strategies to position their products, which includes advertising PCM products as being cost and energy efficient and environmentally friendly products. Some of the key strategies and expansion plans adopted by top market players include joint ventures, investments, acquisitions, and collaboration with universities and research institutes to develop new products. Some of the major market players active in the industry include Outlast Technologies, CSafe Global, Dow Chemicals, DuPont BASF, Henkel, and Entropy Solutions.

Brief TOC:

1.  Introduction

1.1.  Goal  &  Objective 

1.2.  Report  Coverage 

1.3.  Supply  Side  Data  Modelling  &  Methodology                                                                                                                               

1.4.  Demand  Side  Data  Modelling  &  Methodology

2.  Executive  Summary 

3.  Market  Outlook 

3.1.  Introduction

3.2.  Current  &  Future  Outlook

3.3.  DROC

3.3.1.  Drivers

3.3.1.1.  Demand  Drivers

3.3.1.2.  Supply  Drivers

3.3.2.  Restraints

3.3.3.  Opportunities

3.3.4.  Challenges

3.4.  Market  Entry  Matrix

3.5.  Market  Opportunity  Analysis

3.6.  Market  Regulations

3.7.  Pricing  Mix

3.8.  Value  Chain  &  Ecosystem

3.9.  Key  Customers

4.  Market  Demand  Analysis

4.1.  Advanced  Phase  Change  Material  Market  (PCM),  By  Type     

4.1.1.  Introduction 

4.1.2.  Organics

4.1.3.  Inorganic

4.1.4.  Bio-based

4.1.5.  Others

TOC Continued…!

Browse Complete Report @ http://www.supplydemandmarketresearch.com/home/toc_publisher/6218?code=SDMRCH6218 

About us:

SupplyDemandMarketResearch.com have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.

Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.

Canada Office:

302-20 Misssisauga Valley, Missisauga,

L5A 3S1, Toronto

Global +1-778-686-7521

Email sales@supplydemandmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advanced Phase Change Material (PCM) Market Size by Type - Organic, Inorganic and Bio-based) – Trends & Global Forecast to 2023 here

News-ID: 1436518 • Views: 277

More Releases from Supply Demand Market Research

Vehicle Speech Recognition System Market Size by 2025 Insights, Trends, Outlook …
This Vehicle Speech Recognition System market study spotlights a top to bottom analysis of the business models, key strategies, and respective market shares of some of the most significant players in this landscape. Also, Along with critical and significant data on the key influencing factors, market stats in terms of revenues, product type-wise data, region-wise data, and country-wise data are offered in the full study. In addition, this study is
2019 Business Intelligence and Analytics Software Market Trends, Emerging Growth …
The Global Business Intelligence and Analytics Software Market report offers sweeping analysis of regional segments in Global Report with classifications, Market definitions, manufacturing processes, cost structures, development policies, and plans. The facts and figures are well presented in the report using graphs, diagrams, pie charts, and other pictorial representations with respect to the Current Trends, Dynamics, and Business Scope & Key Statistics of the market. This report analyses the scope
Tail Light Assemblies Market Huge Growth Including Top Key Players 2018-2025: TY …
Tail Light Assemblies Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation
Drug Discovery Technologies Market Size, Share, Trends, Key Players, Analysis an …
Drug Discovery Technologies Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation

All 5 Releases


More Releases for PCM

Progressing Cavity Pump Market Trends and Opportunities 2017-2025 : Borets, Hall …
Global Progressing Cavity Pump Market: Overview The global market for progressive cavity pumps has been witnessing an ascending graph of demand due to the rising need for pumping shear-sensitive or viscous materials.The mechanism of a progressive cavity pump is extremely complex but the utility served by these pumps is unparalleled. Once the rotor of the progressive cavity pump is turned on, it progressively transfers the fluid though discrete cavities. The pump
Powertrain Control Module (PCM) Market | Bosch, Continental, Denso, Delphi, TRW
MarketResearchReports.Biz adds “Global Powertrain Control Module (PCM) Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Powertrain Control Module (PCM) market and the growth estimates for the forecasted period. The Powertrain Control Module (PCM) Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures,
Global Advanced Phase Change Materials (PCM) Market 2018 Top Players: Cryopak, E …
Qyresearchreports include new market research report “Global Advanced Phase Change Materials (PCM) Market Professional Survey Report 2018” to its huge collection of research reports. 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
Global Advanced Phase Change Materials (PCM) Market 2018 - Honeywell, PCM Energy …
Apex Market Reports, recently published a detailed market research study focused on the “Advanced Phase Change Materials (PCM) Market” across the global, regional and country level. The report provides 360° analysis of “Advanced Phase Change Materials (PCM) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the
Global Powertrain Control Module (PCM) Market Analysis & Forecast Report 2017
Summary The Global Powertrain Control Module (PCM) Market Analysis & Forecast Report 2017 is a professional and in-depth study on the current state of the
Global PCM (Pre-Coated Metal) Market Outlook 2016-2021
PCM, Pre-coated metal, is a kind of composite material which is coated with the organic paint. PCM product, normally with bright color, has the advantage of steel which has excellent strength and machinability and painted film which has good corrosion-resistance and malleability. PCM products are widely applied in the refrigerator (as back/side-board), washer (as back/side-board), microwave oven, water heater, small household electrical appliances and so on. This report provides detailed analysis