Phase Change Material Market Demand, Sales, Consumption and Forecasts 2029
Phase Change Material Market size was valued at USD 1478 Mn. in 2021 and the total Phase Change Material revenue is expected to grow at 15.8% from 2022 to 2029, reaching nearly USD 4779.06 Mn.
Phase Change Material Market Overview
Global Phase Change Material Market Report 2020-2029 (forecast period) examines market growth drivers, regional level analysis, Phase Change Material market distributors and competitive landscape analysis of key players Of the industry. Each sector of the global Phase Change Material market is examined in detail in the research report. The segment market study reveals significant opportunities in the Phase Change Material leading global segment of the industry. The Global Phase Change Material Market study helps the to gain a comprehensive understanding of the recent and future developments in various geographical markets. The report also includes a comprehensive analysis of the global Phase Change Material market and key dynamics, including market impact and effect variables, as well as drivers, threats, restraints, trends and prospects for growth. Apart from, the Phase Change Material Market report also covers other types of analysis such as qualitative and quantitative analysis.
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Phase Change Material Market scope
The main objective of the report is to provide detail analysis of Phase Change Material Market definition, segmentation, potential, competitive environment, important trends, and issues occurring while dealing with the industry's key regions and major nations. Bottom-up approach was used to estimate the Phase Change Material Market size and volume. A thorough analysis of Phase Change Material market drivers, obstacles, key restrictions, and potential is studied.
The report includes a SWOT and PESTEL analysis of the Phase Change Material market. SWOT analysis helps to find out strengths and weaknesses of the Phase Change Material Market. Also, the report evaluates the market segments based on market volume, market size, market volume, and investment potential, and incremental revenue of the Phase Change Material market. Primary and secondary research was conducted in the Phase Change Material market research. Primary research includes interviews with industry experts and Phase Change Material Market surveys at the same time secondary research includes verification of documents and white papers. Phase Change Material Market revenue was calculated through primary and secondary research methods.
Segmentation
By Type, the Inorganic segment dominated the Phase Change Material (PCM) market with the highest market share in 2021 and is expected to maintain its dominance at the end of the forecast period. Inorganic PCMs have a relatively high heat of fusion, strong thermal conductivity, are inexpensive, and are non-flammable. Most of them, however, is corrosive to most metals, suffer supercooling, and phase breakdown. Hydrated salts are the most frequent inorganic PCMs and hence drive segment growth.
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Key Players
• Cold Chain Technologies, Inc.
• Croda International Plc.
• Microtek Laboratories Inc.
• Sasol Limited
• PureTemp LLC.
• Henkel AG & Company KGAA
• Outlast Technologies LLC.
• Advansa B.V.
• AI Technology Inc.
• Climator Sweden AB
• Ciat Group
• Honeywell Electronic Materials, Inc.
• Phase Change Materials Products Ltd.
• Rubitherm Technologies GmbH
• Teappcm
• BASF SE
• SGL Group
• Salca BV
• Rubitherm Technologies GmbH
• Pluss Advanced Technologies Pvt. Ltd.
• RGEES, LLC.
• Outlast Technologies LLC.
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Regional Analysis
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Phase Change Material market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Key Questions answered in the Phase Change Material Market Report are:
- What is Phase Change Material?
- What was the Phase Change Materialmarket size in 2021?
- What is the expected Phase Change Materialmarket size by 2029?
- What is the growth rate of the Phase Change MaterialMarket?
- Which are the factors expected to drive the Phase Change Materialmarket growth?
- Which segment dominated the Phase Change Materialmarket growth?
- What is the demand pattern for the Phase Change Materialmarket?
- Which region held the largest share in the Phase Change Materialmarket?
- Who are the key players in the Phase Change Materialmarket?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Phase Change Material
- Landscape- Leading key players and other prominent key players.
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