Press release
Advanced Phase Change Materials Market Growth, Trends and Forecast By 2018
Advanced phase change materials (APCMs) are capable of storing and releasing high amounts of energy, whenever these materials change their state. Phase change materials can be segmented into organic, non-organic and bio-based. Increase in total energy supply, growth of construction industry in developed and developing economies and superior heat storage capacity of these materials are a few key drivers which are expected to increase the demand for APCMs.In addition, increasing use of these materials in textile industry and temperature controlled packaging coupled with the growth of these industries is expected to boost the demand over the next few years. However, the high cost and hazardous nature of these materials is expected to hamper the growth of this market. Economic growth in emerging economies of Asia Pacific is expected to open new opportunities for the growth of this market.
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This report gives a detailed description of the global advanced phase change materials market based on revenue (USD million) for the period 2012 to 2018. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2012-2018 for advanced phase change materials have been given separately, for better understanding of the market scenario. The advanced phase change materials market is described with respect to their various segments along with the opportunities that are expected in the coming six years.
For geographic analysis, the global advanced phase change materials market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. Based on the product segments, the advanced phase change materials market can be categorized into different product segments such as paraffin, salt hydrates and others such as Bio-APCM
The major application segments in the advanced phase change materials market are building and construction, commercial refrigeration, HVAC, energy storage shipping and transportation and others including textiles, protective clothing, etc.
Market numbers are given on the basis of different advanced phase change materials products and key end-user markets. Market size and forecast for each major application is provided in the context of global as well as the regional market. Inflation is not a part of pricing in this report. A combination of primary and secondary research has been employed to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global advanced phase change materials market and further validated numbers with the key market participants.
For a more comprehensive view of the market, a value chain analysis and Porter’s five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also includes detailed profiles of key players such as E. I. du Pont de Nemours, BASF, Advansa BV among others and Dow Chemical Company among others. The detailed description of players includes parameters such as company overview, financial overview, business strategies, SWOT analysis and recent developments of the company.
The in-depth research and high level analysis will allow advanced phase change materials manufacturers, large retailers, lawmakers and research and development agencies to make informed decisions about advanced phase change materials manufacturing, designing, marketing, growth strategies and gaining competitive advantage.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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