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Advanced Phase Change Materials Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

Advanced Phase Change Materials Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

Published: Feb 2021 120 Pages SKU: IRTNTR70053

The advanced phase change materials market size has the potential to grow by $ 2.81 bn during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (Organic PCMs, Inorganic PCMs, and Bio-based PCMs), application (Building and construction, HVAC, Packaging and transportation, Textiles, and Others), and geography (Europe, APAC, North America, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Croda International Plc, Cryopak, Henkel AG & Co. KGaA, Honeywell International Inc., Microtek Laboratories Inc., Outlast Technologies LLC, Phase Change Solutions, PURETEMP LLC, Sasol Ltd., and SGL Carbon SE.

Market Overview

Advanced-Phase-Change-Materials-Market-Market-Size-2020-2025

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Market Competitive Analysis

The advanced phase change materials market is fragmented. Croda International Plc, Cryopak, Henkel AG & Co. KGaA, Honeywell International Inc., Microtek Laboratories Inc., Outlast Technologies LLC, Phase Change Solutions, PURETEMP LLC, Sasol Ltd., and SGL Carbon SE are some of the major market participants. Factors such as growing inclination toward energy conservation will offer immense growth opportunities. However, cost-related issues associated apcms may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this advanced phase change materials market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this advanced phase change materials market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Croda International Plc
  • Cryopak
  • Henkel AG & Co. KGaA
  • Honeywell International Inc.
  • Microtek Laboratories Inc.
  • Outlast Technologies LLC
  • Phase Change Solutions
  • PURETEMP LLC
  • Sasol Ltd.
  • SGL Carbon SE

Advanced Phase Change Materials Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 23%

Market growth 2021-2025

$ 2.81 billion

Market structure

Fragmented

YoY growth (%)

19.00

Regional analysis

Europe, APAC, North America, MEA, and South America

Performing market contribution

Europe at 34%

Key consumer countries

Germany, US, France, China, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Croda International Plc, Cryopak, Henkel AG & Co. KGaA, Honeywell International Inc., Microtek Laboratories Inc., Outlast Technologies LLC, Phase Change Solutions, PURETEMP LLC, Sasol Ltd., and SGL Carbon SE

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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Advanced Phase Change Materials Market: Segmentation by Geography

Advanced-Phase-Change-Materials-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current Global market scenario, latest trends and drivers, and the overall market environment. Europe will offer several growth opportunities to market vendors during the forecast period. The novel technologies associated with the production of apcms will significantly influence advanced phase change materials market's growth in this region.

34% of the market’s growth will originate from Europe during the forecast period. Germany | US | France | China | India are the key markets for advanced phase change materials market  in Europe. This report provides an accurate prediction of the contribution of all segments to the growth of the advanced phase change materials market size.

Advanced Phase Change Materials Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive advanced phase change materials market growth during the next five years
  • Precise estimation of the advanced phase change materials market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the advanced phase change materials market industry across Europe, APAC, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of advanced phase change materials market vendors

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Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Advanced Phase Change Materials market growth will increase by 2817.81 million during 2020-2025.

The Advanced Phase Change Materials market is expected to grow at a CAGR of 22.77% during 2020-2025.

Advanced Phase Change Materials market is segmented by Type( Organic PCMs, Inorganic PCMs, Bio-based PCMs) Application( Building and construction, HVAC, Packaging and transportation, Textiles, Others) Geographic( Europe, APAC, North America, MEA, South America)

Croda International Plc, Cryopak, Henkel AG & Co. KGaA, Honeywell International Inc., Microtek Laboratories Inc., Outlast Technologies LLC, Phase Change Solutions, PURETEMP LLC, Sasol Ltd., SGL Carbon SE are a few of the key vendors in the Advanced Phase Change Materials market.

Europe will register the highest growth rate of 34.2% among the other regions. Therefore, the Advanced Phase Change Materials market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.

Germany, US, France, China, India

  • Growing inclination toward energy conservation is the driving factor this market.

The Advanced Phase Change Materials market vendors should focus on grabbing business opportunities from the Organic PCMs segment as it accounted for the largest market share in the base year.