Press release
Advanced Phase Change Materials (APCM) Market is expected to reach at US$ 1.5 Bn with expanding 15% CAGR during the forecast period 2023-2029
The global sales of Advanced Phase Change Materials (APCM) Market reached ~US$ 1.5 Bn in 2023, as projected by a recent research study on the advanced phase change materials market by Persistence Market Research (PMR). According to the report, the advanced phase change materials market is anticipated to grow at ~15% CAGR during the forecast period. Increasing prevalence of green construction and rising demand for thermal efficient solutions will drive the advanced phase change materials market.The growing political conflicts among different governments across the globe and the rise in mortality rate due to COVID-19 are observed to significantly influence Advanced Phase Change Material Market across the analysis period. Other major factors that are observed to influence Advanced Phase Change Material Market are described in detail in the report. Changes in the progress pattern of Advanced Phase Change Material Market are explained vividly. Sustainable and rational approaches to counter challenges in the market are listed. Other potential threats and growth prospects are mentioned in the report with complete detail.
Request For Free Sample Report@https://www.persistencemarketresearch.com/samples/2786
As per the PMR analysis, efficient thermal insulation products for commercial refrigeration and energy storage is driving the demand for advanced phase change materials. Furthermore, the stringent codes and regulations employed by governments and environmental organizations for energy efficient buildings & construction is leading to the evolution of advanced phase change materials market.
Demand in 'Green' Building and Construction Projects on Rise
Building & construction is a prominent application area for advanced phase change materials. In residential & commercial constructions, phase change materials find a wide range of applications, since they play a key role in preventing temperature fluctuations. A growing number of green construction activities has surged the demand for energy-efficient materials.
According to the PMR study, prominent players in the advanced phase change materials market are offering a variety of products with innovative properties at a competitive cost. Rising environmental awareness, increased implementation of stringent regulations, and increasing government initiatives for the development of eco-friendly solutions have augmented the demand for bio-based materials derived from vegetable oils and other natural sources which are being used as advanced phase change materials.
Buy Full Report Now and Get Up to 20% Discount@https://www.persistencemarketresearch.com/checkout/2786
Moreover, many of the market players have invested widely in R&D activities for continuous development of new and innovative products. Also, the shifting trend towards bio-based products is catalyzing R&D activities. Growing R&D activities are also expected to lead to the development of application-specific solutions, which in turn will escalate the demand for tailor-made products, which spurs the demand for advanced phase change materials.
Some of the key players in the market are
• BASF SE
• Sasol Limited
• Croda International PLC
• Honeywell International Inc.
• Henkel AG & Co. KGaA
• and DuPont de Nemours, Inc. among others.
Low-Cost Bio-Based APCMs - Key Pillar for Future Growth
Fluctuating prices of oil and fossil fuels, depleting reserves, and growing concerns about global warming are creating demand for eco-friendly solutions. Moreover, the increasing number of green construction activities owing to growing environmental awareness is also augmenting the demand of advanced phase change materials. Organic APCMs are expected to enjoy high demand as paraffin-based PCMs & fatty acid-based advanced phase change materials have wide applications in building & construction, commercial refrigeration, and HVAC sectors.
Organic PCMs are thus expected to dominate the advanced phase change materials market over the forecast period. Rising environmental awareness, increased emphasis on sustainable development, and multiple government regulations are increasing the demand for bio-based phase change materials. Bio-based advanced phase change materials are expected to witness lucrative growth during the forecast period.
Manufacturers Inclined Towards R&D, Innovation, and New Launches
PMR's study also delivers a detailed study of competition scenario in the Advanced phase change materials market and distinguishing strategies of key market players.
Major Highlights of Advanced Phase Change Material Market Report:
• Advanced Phase Change Material Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes Advanced Phase Change Material Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.
• The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
• It provides company overview and SWOT analysis of each of the market players.
Besides this, some of the noteworthy players in the Advanced phase change materials market have adopted forward integration strategies related to product development and encapsulation. Many of the market players are adopting organic growth strategies such as innovative product launches and remarkable development in R&D to expand their product portfolio and advancement of their products in terms technical aspects. Moreover, government initiatives promoting green construction are also encouraging small and medium scale manufacturers to enter the advanced phase change materialss market.
Browse Full Report@ https://www.persistencemarketresearch.com/market-research/advanced-phase-change-material-market.asp
Table of Content of this Report:
• Advanced Phase Change Material Market Overview and Analysis [ Market Size | Market Y-o-Y Growth | Market Dynamics]
• Advanced Phase Change Material Market Overview and Analysis [ Supply Chain | Cost Structure | Pricing Analysis | Raw Material Sourcing Strategy and Analysis | List of Distributors]
• Global Advanced Phase Change Material Market Analysis and Forecast By Product Type
• Global Advanced Phase Change Material Market Analysis and Forecast By Application Type
• Global Advanced Phase Change Material Market Analysis and Forecast By Region [ Europe | North America | APAC | Middle East and Africa]
• Global Advanced Phase Change Material Market Company Share, Competition Landscape and Company Profiles
• Research Methodology
• Secondary and Primary Sources
• Assumptions and Acronyms
Related Reports
• Hot Melt Adhesives Market-https://www.persistencemarketresearch.com/market-research/hot-melt-adhesives-market.asp
• Engineering Pipe Hangers and Supports Market-https://www.persistencemarketresearch.com/market-research/engineering-pipe-hanger-and-support-market.asp
For More Premium Insights, Check out the Link:
• Isobutane market-https://www.globenewswire.com/en/news-release/2022/08/02/2490531/0/en/Isobutane-Market-reach-a-share-of-US-33-56-Bn-by-the-end-of-2032-Persistence-Market-Research.html
• Press Brake Machine Market-https://www.globenewswire.com/en/news-release/2022/07/27/2487023/0/en/Sales-of-Press-Brake-Machines-Market-are-projected-to-increase-at-a-CAGR-of-6-1-across-the-2022-2032-Persistence-Market-Research.html
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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 Materials (APCM) Market is expected to reach at US$ 1.5 Bn with expanding 15% CAGR during the forecast period 2023-2029 here
News-ID: 2895178 • Views: …
More Releases from Persistence Market Research

Cattle Blower Market Set for Steady Growth as Demand for Livestock Grooming and …
Market Overview
The cattle blower market has become a cornerstone of livestock care, transforming the way farmers, ranchers, and cattle exhibitors manage animal hygiene and presentation. In 2024, the global cattle blower market is valued at US$273.0 million and is projected to reach US$391.9 million by 2031, growing at a CAGR of 5.3%. This growth trajectory reflects the rising demand for grooming solutions that improve both animal welfare and livestock value…

Bead Winding Machine Market Set for Strong Expansion as Tire Manufacturing Autom …
Market Overview
The global bead winding machine market stands as a vital segment of industrial automation, deeply tied to the efficiency and evolution of tire manufacturing. Bead winding machines are designed to wind steel wires or textile cords around the bead area of a tire, reinforcing its structure, improving durability, and ensuring shape stability. With the global automotive sector expanding, driven by urbanization, rising disposable incomes, and growing consumer demand for…

Mulching Heads Market to Experience Robust Growth as Demand for Land Clearing, F …
Market Overview
The global mulching heads market is witnessing strong growth as sustainable land management, forestry operations, and agricultural modernization gain momentum. Valued at US$ 593 million in 2024, the market is projected to expand at a CAGR of 6.8% to reach US$ 939.8 million by 2031. Historical growth between 2018 and 2022 was steady at 6.3%, indicating consistent adoption across industries such as agriculture, forestry, landscaping, and construction.
Get a Sample…

Agricultural Mapping Services Market to Witness Robust Growth as Precision Farmi …
Market Overview
The global agricultural mapping services market is entering a phase of steady expansion, driven by the convergence of advanced geospatial technologies, the rise of precision agriculture, and the growing demand for sustainable farming practices. In 2024, the market is valued at US$6.2 billion and is projected to reach US$8.7 billion by 2031, reflecting a CAGR of 5.1% during the forecast period. Historically, the market registered a CAGR of 3.9%…
More Releases for Advanced
Advanced Oxidation Technologies Market Size, Share 2021, Impressive Industry Gro …
The Advanced Oxidation Technologies Market is poised to take off in upcoming years hence showing a highly positive outlook through 2020-2028, according to a recently released report. Advanced Oxidation Technologies Market report covers industry chain analysis, latest market trends & dynamics along with cost profit analysis of major key players which focuses on expansion rate, prices, competition, size, prices, and value chain analysis of those leaders in the market.
The…
Medical Ceramics Market Analysis and Industry Forecast | Advanced Ceramics Resea …
Allied Market Research published a new report, titled, “Medical Ceramics Market by Type (Aluminum Oxide, Zirconia, and Carbon, Hydroxyapatite, Glass & Bioglass, Zirconia Alumina, Bioresorbable Ceramics, and Piezo Ceramics), by Application (Surgical Instruments, Diagnostic Equipment, Orthopedic Implants, Electronic Implants, Dental Implants, Disposables, and Packaging) – Global Opportunity Analysis and Industry Forecast, 2014 – 2022.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five…
Skincell Advanced Reviews – Does Skincell Advanced Really Work?
People want clear, blemish-free skin! However, most people have skin tags, moles, and warts. Some causes are known, while some blemishes are caused without any reason at all. When a regular skincare regimen fails, people turn to costly surgeries and medications. Cleansing and moisturizing might not work well for all. All skin types are not the same, and toners and skincare creams seldom give long-lasting benefits.
Get Skincell Advanced From Its…
Global Advanced Oxidation Technologies Market 2019- 2025 || A-Zone Technologies, …
Synopsis of the Advanced Oxidation Technologies Market:
Latest Report on Advanced Oxidation Technologies Market deliberates the effect of various Factors influencing the market growth and drivers. Its further sheds light on market overview, key manufacturers, strategic adopted by them, size, latest trends and types, revenue, gross margin with regional analysis and forecast to 2025.
Overview of the Advanced Oxidation Technologies Market Report:
Advanced Oxidation Technologies Market report includes knowledge about the market overview…
Global Advanced Materials Market - 3M Company, DowDuPont Inc, Hexcel Corporation …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Advanced Materials Market - By Product type (Structural Material, Functional Material, Emerging Material) By End User (Building & Construction, Automotive, Aerospace, Defense, Marine, Electrical & Electronics, Healthcare, Oil & Gas and Energy, Others) & Global Region - Market Size, Trends, Share and Forecast 2018-2023” research report will include all the major trends and technologies that…
Global Advanced Materials Market: 3M Company, DowDuPont Inc, Hexcel Corporation, …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Advanced Materials Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The…