Global Advanced Phase Change Material Overview
Introduction
Advanced Phase Change Material Market was valued at US$ 2.1 Billion in 2024 and is projected to grow at a CAGR of 12.30% to reach US$ 6.7 Billion by 2034.
Advanced phase change material market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Advanced phase change material market report segments the market on the basis of product, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global advanced phase change material market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Key players in the advanced phase change material market includes BASF SE, E. I. du Pont de Nemours and Company, Honeywell International Inc., Phase Change Energy Solutions, Inc., Advansa Pty. Ltd., Outlast Technologies LLC, Advanced Cooling Technologies, Inc., Dow Building Solutions, Emco Bau- und Klimatechnik GmbH & Co. KG, and DIC Corporation.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
Global Advanced Phase Change Material Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, By Product, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Paraffin Phase Change Material
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Salt Hydrate Phase Change Material
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Other Phase Change Material
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Application, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Building and Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Energy Storage
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Electronics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Heating, Venting and Cooling (HVAC)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Bn), By Product, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- South Africa
- Central Africa
- North Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- E. I. du Pont de Nemours and Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Honeywell International Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Phase Change Energy Solutions, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Advansa Pty. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Outlast Technologies LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Advanced Cooling Technologies, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Dow Building Solutions
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Emco Bau- und Klimatechnik GmbH & Co. KG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- DIC Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Phase Change Energy Solutions, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- BASF SE
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Advanced Phase Change Material Market is segmented into Product, Application and Region.
The Advanced Phase Change Material (PCM) Market is driven by factors such as the growing demand for energy-efficient buildings, increasing focus on sustainable construction, and the rising adoption of renewable energy sources. Advanced PCMs offer enhanced thermal performance and find applications in various industries, including construction, textiles, and electronics.
Market restraints may include high upfront costs, challenges in the scalability of PCM applications, and limited awareness among end-users. Additionally, issues related to the recyclability of certain PCMs and their environmental impact could pose constraints on the market.
The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is expected to dominate the Advanced Phase Change Material Market, driven by stringent regulations promoting energy efficiency in buildings, along with the region's emphasis on sustainable and green construction practices.
The key players operating the target market includes, BASF SE, E. I. du Pont de Nemours and Company, Honeywell International Inc., Phase Change Energy Solutions, Inc., Advansa Pty. Ltd., Outlast Technologies LLC, Advanced Cooling Technologies, Inc., Dow Building Solutions, Emco Bau- und Klimatechnik GmbH & Co. KG, and DIC Corporation.