Global Phase Change Materials Market Report (2021-2030) – Growth Trends, Sales Outlook, Revenue, End-Users, Major Regions and Top Key Players

‘Phase Change Materials Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the phase change materials industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The countries covered in the global phase change materials market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global phase change materials market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The phase change materials market consists of sales of phase change materials by entities (organizations, sole traders, and partnerships) which are ideal products for thermal management solutions. Phase change materials are the substances that absorb or release heat when the substance undergoes a physical state such as solid to liquid or gaseous. Phase change materials are also known as latent heat storage units, commonly used in solar power plants, waste heat recovery systems, preservation of food, pharmaceutical products, and construction.

The global phase change materials market is expected to grow from $0.94 billion in 2020 to $1.04 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth in the phase change market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The phase change market is expected to reach $2.16 billion in 2025 at a CAGR of 19.9%.

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Global phase change materials market segmentation in TBRC’s report is:
1) By Type: Organic, Inorganic, Bio-Based
2) By Encapsulation Technology: Macro, Micro, Molecular
3) By Product: Paraffin, Non-Paraffin, Salt Hydrates, Eutectics
4) By End-User: Building And Construction, Packaging, Textiles, Electronics, Transportation, Others

Major players in the phase change materials market are Honeywell Electronic Materials Inc, Microtek Laboratories, Croda International, Sasol, Henkel, Climator, PCM Products, Phase Change Energy Solutions, Rubitherm Technologies, Cryopak, Outlast Technologies, Dupont, Dow Chemical Company, BASF, Puretemp, Pluss Advanced Technologies, and Cold Chain Technologies.

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The Table of Contents includes:
1. Executive Summary
2. Phase Change Materials Market Characteristics
3. Phase Change Materials Market Trends And Strategies
4. Impact Of Covid-19 On Phase Change Materials Market
5. Phase Change Materials Market Size And Growth
.....
27. Phase Change Materials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Phase Change Materials Market
29. Phase Change Materials Market Future Outlook And Potential Analysis
30. Appendix

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