Report Synopsis
Phase Change Materials (PCMs) are finding increasing use in logistics & cold chains, buildings, textiles and electronic applications, which are driving demand for these unique solutions. Temperature controlled packaging based on PCMs is used for transporting life-saving drugs and pharmaceuticals and perishable foods. These materials enable in maintaining the required temperatures within refrigerated trucks and containers. Electronic applications of PCMs are poised to post the second-fastest growth over the analysis period, which can be attributed to rapidly progressing technology leading to increasing power and speed of electronic devices, which, in turn, need better solutions for thermal management.

Building & Construction is estimated the largest application for PCMs with consumption of worth US$558 million in 2018 while Logistics & Cold Chains is projected to grow faster at a CAGR of 23% during the analysis period 2017-2023 closely followed by Electronics with 21.2%.

global phase change materials market

Research Findings & Coverage

  • PCMs market is analyzed in this report with respect to material types and major application areas
  • The study extensively analyzes each major application of phase change materials with a market snapshot for analysis period across the major regions
  • Waste Sawdust-Based Composite Phase Change Materials Show Superior Thermal Conductivity
  • Thermal Properties of Bio-based PCMs Enhanced with Exfoliated Graphite Nanoplatelets
  • Introduction of Silicon Carbide in Composite PCMs for Battery Thermal Management
  • Coconut Fat as a Bio-Based PCM in Building Applications
  • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
  • Major companies profiled – 38
  • The industry guide includes the contact details for 49 companies

Product Outline
The report analyzes the market for the key types of Phase Change Materials including:

  • Bio-Based
  • Inorganic
  • Organic

The market for Application Areas of Phase Change Materials analyzed comprise the following:

  • Building & Construction
  • Electronics
  • Logistics & Cold Chains
  • Textiles
  • Others

Analysis Period, Units and Growth Rates

  • The report reviews, analyzes and projects the global Phase Change Materials market for the period 2014-2023 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2023

Geographic Coverage

  • North America (The United States, Canada and Mexico)
  • Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea and Rest of Asia-Pacific)
  • South America (Argentina, Brazil and Rest of South America)
  • Rest of World