The Global Market for Phase Change Materials

The Global Market for Phase Change Materials

Phase Change Materials (PCMs) are wax-like thermal compounds that change phase at a specifically formulated temperature. A wide range of PCMs have been developed including organic (paraffins and fatty acids), inorganics (salt hydrates and metallic) and eutectic combination of organic and/or inorganic materials. Thermal energy storage using PCMs is an effective way to store thermal energy, and makes them attractive for sustainable, environmentally friendly solutions. PCMs store thermal energy in the form of latent heat and provide maximum energy performance with minimal impact on the environment.

Latent heat energy storage (LHES) system PCMs are well known for its excellent thermal energy storage and release during melting and solidifications respectively, and are a key solution for the implementation of renewable energies. PCMs can be efficiently deployed in applications where significant temperature difference exists in the system for intermittent thermal energy storage. These systems take advantage of the latent heat of phase change of PCM during their melting/ solidification processes to store or release heat depending on the needs and availability.

PCM products are used to improve whole-building energy efficiency in retail, commercial, hospitality, and industrial applications; enable safe transport of sensitive food and pharmaceutical products; and provide enhanced thermal storage capabilities for industrial and commercial processes, among other applications.

Markets where PCMs are applied include:
buildings for thermal management.
cement and pavements.
heat pumps.
electronic devices.
solar power plants.
cooling vests and clothing in medical and textiles.
thermal management in electric vehicle batteries.
thermal batteries.
refrigerated packaging and transport.


Report contents include:
Types of phase change materials, properties, advantages, drawbacks. Types covered include paraffins, non-paraffins, salt and salt composites, metal and metal alloys, biobased, nanomaterials based.
Patent analysis.
Markets for phase change materials including aerospace, automotive, building and construction, energy, electronics, medical, food and drink, packaging, shipping, solar thermal systems, textiles and apparel.
Global revenues for phase change materials by type, market and region.
47 In depth company profiles including types produced, products, target markets, production capabilities, contact details. Companies profiled include Advanced Cooling Technologies, Axiotherm GmbH, Boyd Corporation, HeatVentors, Croda, Encapsys LLC, Hangzhou Ruhr New Material Technology Co., Ltd. and many more.


  • EXECUTIVE SUMMARY
    • What are Phase change materials (PCMs)?
    • Markets
    • Market drivers
      • Table Market drivers for phase change materials.
    • Properties of Phase Change Materials (PCMs)
      • Table Properties of PCMs.
    • Phase change materials (PCM) drawbacks
    • Global revenues, 2019-2030
      • By type
        • Table Global revenues for phase change materials, 2019, by type.
      • By market
        • Table Global revenues for phase change materials, historical and estimated to 2030, by market.
  • INTRODUCTION
    • Thermal energy storage (TES)
      • Sensible heat storage
      • Latent heat storage
    • Phase change materials
      • Table PCM Types and properties.
      • Organic/biobased phase change materials
        • Table Advantages and disadvantages of organic PCMs.
        • Table Advantages and disadvantages of organic PCM Fatty Acids.
      • Inorganic phase change materials
        • Table Advantages and disadvantages of salt hydrates
        • Table Advantages and disadvantages of low melting point metals.
      • Eutectic mixtures
        • Table Advantages and disadvantages of eutectics.
      • Encapsulation of PCMs
      • Nanomaterial phase change materials
  • PATENT ANALYSIS
    • Table Recent PCM patents.
  • END USER MARKETS FOR PHASE CHANGE MATERIALS
    • AEROSPACE
      • Coatings
      • Propulsion
    • AUTOMOTIVE
      • Table Market assessment for PCMs in automotive-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
    • BUILDINGS AND CONSTRUCTION
      • Improved energy efficiency
      • Concrete
      • HVAC
        • Table Market assessment for PCMs in building and construction-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
    • ELECTRONICS
      • Thermal management and cooling
        • Table Market assessment for PCMs in electronics-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
    • PACKAGING AND COLD CHAIN LOGISTICS
      • Temperature-controlled shipping
        • Table PCMs used in cold chain applications.
        • Table Market assessment for phase change materials in packaging and cold chain logistics-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
    • REFRIGERATION SYSTEMS
      • Commercial refrigeration
        • Table Market assessment for PCMs in refrigeration systems -market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
    • THERMAL STORAGE SYSTEMS
      • Water heaters
      • Thermal batteries for water heaters and EVs
        • Table Market assessment for PCMs in thermal storage systems-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
    • TEXTILES AND APPAREL
      • Temperature controlled fabrics
      • Cooling vests
        • Table Commercially available PCM cooling vest products.
        • Table Market assessment for PCMs textiles and apparel-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges.
  • COMPANY PROFILES
    • Type of PCM produced, by company
      • Table Type of PCM produced, by company.
    • Target markets for PCMS, by company
      • Table Target markets for PCMS, by company.
    • Advanced Cooling Technologies, Inc.
    • AI Technology Inc.
    • Andores New Energy Co., Ltd.
    • Axiotherm GmbH
    • Bodle Technologies Ltd.
    • Boyd Corporation
    • CCT Energy Storage
    • Climator Sweden AB
    • Cowa Thermal Solutions AG
    • Croda Europe Ltd.
      • Table CrodaTherm Range.
    • Cryopak
    • Datum Phase Change Ltd
    • Devan Chemicals NV
    • Encapsys LLC
    • Enesoon New Energy Co. Ltd
    • Ewald Dörken AG
    • Global-E-Systems Europe
    • Hangzhou Ruhr New Material Technology Co., Ltd.
    • HeatVentors
    • Henkel AG & Co. KGAA
    • Insolcorp LLC
    • Inuteq
    • Microtek Laboratories, Inc.
    • Parker Hannifin Corporation
    • PCM Technology
    • Phase Change Material Products Ltd.
    • Pelican BioThermal LLC
    • Phase Change Products Pty Ltd (PCP)
    • Phase Change Energy Solutions Inc.
    • PLUSS Advanced Technologies Pvt. Ltd.
    • Promethean Power Systems, Inc
    • PureTemp LLC
    • Rubitherm Technologies GmbH
    • Salca BV
    • Sasol Germany GmbH
    • Schoeller Textiles AG
    • Shanghai Tempered Entropy New Energy Co.
    • Shenzhen Aochuan Technology Co., Ltd.
    • Sonoco Thermosafe
    • Shin-Etsu Chemical Co. Ltd.
    • Sundanzer
    • Sunamp Ltd.
    • Suntherm ApS
    • va-Q-tec AG
    • Viking Cold Solutions, Inc.
  • RESEARCH METHODOLOGY
  • REFERENCES

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