Research Reports Inc. published a new ‘ Phase Change Materials Market 2019’ Report. The phase change materials are used to store thermal energy, which allows temporary storage of energy at low or high temperature for later use. By offering a range of thermal management solutions, PCMs facilitate the ability to manage demand between energy requirements and usage. These materials store and release thermal energy during the transition from one phase to another, that is, when the materials are frozen, a large amount of energy is released as a fusion of latent heat or crystallization energy. Conversely, energy is absorbed by the environment as solids melt into liquid. Building and construction industry is the biggest phase change materials market end-user and will be a major growth driver over the forecast period. Increasing demand for energy saving and environment friendly technology is driving the growth of the global phase change materials (PCM) market.
The Phase Change Materials market will record a healthy CAGR of +19% in terms of revenue & expected billion by 2025. The market is segmented into Asia Pacific, North America, Europe, and the Rest of the World. Phase Change Materials market report conveys overall analysis of scope, value, revenue, growth rate. Product applications in textiles and shipping & transportation is expected to witness a significant growth in the near future.
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Top Key Players Covered In This Report:
- BASF SE
- Royal Dutch Shell
- Climator Sweden
- Ciat Group
- Datum Phase Change
- Rgees LLC
- Laird PLC
- Entropy Solutions
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. This study considers the Phase Change Materials value generated from the sales of the following segments:
Segmentation By Application:
Segmentation By Product Type:
- Organic Phase Change Materials
- Inorganic Phase Change Materials
- Bio-based Phase Change Materials
This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.
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• Study and analyze the size of the global Phase Change Materials market by main regions / countries, type of product and application.
• Understand the structure of the Phase Change Materials market by identifying several sub-sectors.
• Focuses on key players in global Phase Change Materials market to identify, describe and analyze value, market share, the market competition landscape, the SWOT analysis and development plans in the coming years.
• Analysis of the “Phase Change Materials market” with respect to individual growth trends, future prospects and their contribution to the market in general.
The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Phase Change Materials Market. It enrolls the major industry player imperious the global Phase Change Materials Market along with their contribution to the global market.
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