Microencapsulated Phase Change Materials (MPCM) Market in Building and Construction—Outlook and Trends
The global microencapsulated phase change materials (MPCMs) market in building and construction was valued at $ million in 2013; it is expected to expand at a compound annual growth rate (CAGR) of % from 2013 to 2018.
The need for energy savings is driving phase change material (PCM) demand because of PCMs’ energy efficiency and high performance in regulating temperatures within buildings. MPCMs’ capability to regulate room temperature without expenditure on fuel or electricity is attractive in this market.
Research and development (R&D) for performance and cost-effectiveness must take place at 4 production stages: bulk PCM; MPCM; components such as flooring, panels, wallboards, drywall, insulation, and other building materials; and the end product that forms part of the wall or fixture that helps to maintain comfortable room temperature.
PCM microencapsulation makes performance more consistent and predictable, as the PCM can be more uniformly distributed across an application.
Organics (mainly paraffin and bio-based) have higher stability levels than inorganics (mainly salt hydrate and metals), enabling them to emerge as an ideal material choice.
Paraffin is a commonly used PCM. Although a range of paraffins is available, preference of one over another depends on the intended application.
PCMs in general are witnessing high growth globally in volume and/or revenue in building and construction applications.
About this report
This market insight analyzes the global microencapsulated phase change materials (MPCM) market in building and construction. MPCMs are incorporated into building and construction components such as panels, gypsum boards, insulation panels, wallboards, and other building materials. Components are used in construction of the flooring, drywalls, concrete on site, ceilings, and insulation panels and wallboards for rooms. Because MPCM controls room temperature, energy savings are realized since there is no expenditure of fuel or electricity. The study examines industry challenges and market drivers and restraints, and provides a competitive analysis and marketing strategies. The base year is 2013.
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