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Materials and Chemicals

Global Phase Change MaterialMarket Size study, by Type (Organic, Inorganic) by Application (Building & Construction, HVAC, Cold Chain and Packaging, Thermal Energy Storage, Electronics) and Regional Forecasts 2021-2027

  • BIZ4594970
  • 200 Pages
  • June 2021
  • Materials and Chemicals
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Global Phase Change MaterialMarket is valued approximately USD 423 million in 2020 and is anticipated to grow with a healthy growth rate of more than 16.0% over the forecast period 2021-2027. Phase change materials are compounds with a substantial capacity to produce and release a considerable quantity of energy in the form of latent heat during phase shift. When a molecule's phase changes while its temperature remains constant, energy radiation is reflected. Because phase change materials have exceptional thermal regulation abilities, they are widely used to improve the heating and cooling quality of existing buildings. As a result, they are widely used in the production of building materials all over the world. According to the Technology Strategy Authority, the maintenance, development, and renovation of existing and other infrastructure account for around 45 percent of total carbon emissions in the United Kingdom. Due to rising carbon emissions, global federal agencies have set rigorous emission rules to limit greenhouse gas effects, which is expected to drive demand, consequently propelling the phase change materials market share over the forecast timeframe. In addition, the increasing popularity of biobased phase change materials as a result of their environmental protection aspects will drive demand for phase change materials in the following decade. However, high phase change material costs of production and variable prices of commodities are two main roadblocks to the phase change materials market's growth. Crude oil is the most important raw commodity, and its price is quite volatile. A little shift in the global oil picture will have a direct impact on the price of phase change materials, putting the brakes on the total market. Also, the need for phase change materials that can preserve container temperate by transformation phase from solid to liquid state and vice versa is increasing because to an increase in the shipping and transit of food products that must be stored in extreme cold is likely to increase the market growth during the forecast period.

In the following years, Europe is anticipated to maintain its dominance and occupy the top spot on the worldwide market. This domination can be attributed to a growing emphasis on green development, with the goal of reducing carbon emissions from the design & construction sector in the region by 2027. In 2019, Europe had a GDP of USD 443.4 million. Owing to the presence of various cold chain packaging industries, the market in Asia-Pacific is predicted to grow at a significant phase change materials market share and gain speed, boosting the adoption of advanced phase change materials in the sector.

Major market player included in this report are:

Climator Sweden AB

Microtek Laboratories Inc.

Honeywell Electronic Materials, Inc

Laird Plc

Sasol Limited

Croda International Plc.

Entropy Solutions LLC

Pluss Advanced Technologies Pvt. Ltd.

Phase Change Energy Solutions Inc.

Rubitherm Technologies GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Organic

Inorganic

ByApplication:

Building & Construction

HVAC

Cold Chain and Packaging

Thermal Energy Storage

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Phase Change MaterialMarket in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1. Phase Change Material Market, by Region, 2019-2027 (USD Million)

1.2.2. Phase Change Material Market, by Type,2019-2027 (USD Million)

1.2.3. Phase Change Material Market, by Application,2019-2027 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Phase Change Material Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Phase Change Material Market Dynamics

3.1. Phase Change Material Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Thermal regulation abilities

3.1.1.2. Increasing popularity of biobased phase change materials

3.1.2. Market Challenges

3.1.2.1. High phase change material costs of production

3.1.2.2. Variable prices of commodities

3.1.3. Market Opportunities

3.1.3.1. Increasing shipping and transit of food products

Chapter 4. Global Phase Change Material MarketIndustry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Phase Change Material Market, by Type

5.1. Market Snapshot

5.2. Global Phase Change Material Market by Type, Performance - Potential Analysis

5.3. Global Phase Change Material Market Estimates & Forecasts by Type2018-2027 (USD Million)

5.4. Phase Change Material Market, Sub Segment Analysis

5.4.1. Organic

5.4.2. Inorganic

Chapter 6. Global Phase Change Material Market, by Application

6.1. Market Snapshot

6.2. Global Phase Change Material Market by Application, Performance - Potential Analysis

6.3. Global Phase Change Material Market Estimates & Forecasts by Application2018-2027 (USD Million)

6.4. Phase Change Material Market, Sub Segment Analysis

6.4.1. Building and construction

6.4.2. HVAC

6.4.3. Cold chain and packaging

6.4.4. Thermal energy storage

6.4.5. Electronics

Chapter 7. Global Phase Change Material Market, Regional Analysis

7.1. Phase Change Material Market, Regional Market Snapshot

7.2. North America Phase Change Material Market

7.2.1. U.S.Phase Change Material Market

7.2.1.1. Typebreakdown estimates & forecasts, 2018-2027

7.2.1.2. Applicationbreakdown estimates & forecasts, 2018-2027

7.2.2. CanadaPhase Change Material Market

7.3. Europe Phase Change Material Market Snapshot

7.3.1. U.K. Phase Change Material Market

7.3.2. Germany Phase Change Material Market

7.3.3. France Phase Change Material Market

7.3.4. Spain Phase Change Material Market

7.3.5. Italy Phase Change Material Market

7.3.6. Rest of EuropePhase Change Material Market

7.4. Asia-PacificPhase Change Material Market Snapshot

7.4.1. China Phase Change Material Market

7.4.2. India Phase Change Material Market

7.4.3. JapanPhase Change Material Market

7.4.4. Australia Phase Change Material Market

7.4.5. South Korea Phase Change Material Market

7.4.6. Rest of Asia PacificPhase Change Material Market

7.5. Latin America Phase Change Material Market Snapshot

7.5.1. Brazil Phase Change Material Market

7.5.2. Mexico Phase Change Material Market

7.6. Rest of The World Phase Change Material Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Climator Sweden AB

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Microtek Laboratories Inc.

8.2.3. Honeywell Electronic Materials, Inc.

8.2.4. Laird Plc

8.2.5. Sasol Limited

8.2.6. Croda International Plc.

8.2.7. Entropy Solutions LLC

8.2.8. Pluss Advanced Technologies Pvt. Ltd.

8.2.9. Phase Change Energy Solutions Inc.

8.2.10. Rubitherm Technologies GmbH

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Phase Change Material market, report scope

TABLE 2. Global Phase Change Material market estimates & forecasts by Region 2018-2027 (USD Million)

TABLE 3. Global Phase Change Material market estimates & forecasts by Type2018-2027 (USD Million)

TABLE 4. Global Phase Change Material market estimates & forecasts by Application2018-2027 (USD Million)

TABLE 5. Global Phase Change Material market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 6. Global Phase Change Material market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 7. Global Phase Change Material market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 8. Global Phase Change Material market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 9. Global Phase Change Material market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 10. Global Phase Change Material market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 11. Global Phase Change Material market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 12. Global Phase Change Material market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 13. Global Phase Change Material market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 14. Global Phase Change Material market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 15. U.S. Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 16. U.S. Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 17. U.S. Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 18. Canada Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 19. Canada Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 20. Canada Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 21. UKPhase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 22. UKPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 23. UKPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 24. Germany Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 25. Germany Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 26. Germany Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 27. RoEPhase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 28. RoEPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 29. RoEPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 30. China Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 31. China Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 32. China Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 33. India Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 34. India Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 35. India Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 36. Japan Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 37. Japan Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 38. Japan Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 39. RoAPACPhase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 40. RoAPACPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 41. RoAPACPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 42. Brazil Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 43. Brazil Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 44. Brazil Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 45. Mexico Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 46. Mexico Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 47. Mexico Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 48. RoLAPhase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 49. RoLAPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 50. RoLAPhase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 51. Row Phase Change Material market estimates & forecasts, 2018-2027 (USD Million)

TABLE 52. Row Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 53. Row Phase Change Material market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Phase Change Material market

TABLE 55. List of primary sources, used in the study of global Phase Change Material market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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