London, 31 August 2015 – Technavio, a tech-focused research firm, has published a new report on the global advanced phase change material market, which is expected to grow at a CAGR of more than 20% from 2015-2019.
The latest report by Technavio highlights the continuous innovation in the global advanced phase-change materials market, with an increasing number of vendors introducing novel products for new applications. Vendors work in close collaboration with producers of phase-change- materials-based end-use products to develop customized solutions.
“Rubitherm offers Rubitherm SP, a phase-change material with both organic and inorganic compounds, which has low flammability compared to other products. This product is used in construction applications,” says Faisal Ghaus, Vice President of Technavio.
The new report by Technavio also underlines the endless efforts made by vendors in the chemical industry, to employ sustainable processes that have a minimal impact on the environment.
“Entropy Solutions is a key vendor in the market that offers 100% renewable phase-change materials that can be used for a broad range of temperature control applications. New entrants that offer such innovative and green solutions are growing in the market, and this is expected to drive market growth during the forecast period,” adds Ghaus.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
