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Global Advanced Phase Change Material Market 2015-2019

Global Advanced Phase Change Material Market 2015-2019

About phase change materials

Phase change materials are products that release or absorb heat when they change from one phase to another (usually from solid to liquid or vice versa). These materials store thermal energy in the form of latent heat, which is released when they freeze or crystallize and absorbed when they melt at their respective melting/freezing temperature points. Hence, they are used in a broad range of applications that require thermal control and management.

Phase change materials are available as either dispersible solutions or powder forms that can be re-dispersed. They are usually encapsulated and integrated into other materials. Encapsulated forms of phase change materials are also used in products that do not require integration. For instance, producers of phase change material-based ceiling and flooring systems offer packaged products that can be placed above ceilings and/or placed between flooring screed and hence does not require integration within the flooring or ceiling material. They are used in a wide range of applications such as automotive, building and construction, cold chain solutions, and packaging.

Technavio's analysts forecast the global advanced phase change materials market to grow at a CAGR of 20.03% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the global advanced phase change materials market for 2015-2019. To calculate the market size, the report considers the revenue generated through the sales of phase change materials by vendors. It also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market.

The report also provides data on the different segments of the market, which are based on the following criteria:

  • Type: bio-based, inorganic, and organic
  • Application: building and construction, electronics, HVAC, packaging and transportation, textiles, and others such as automotive, healthcare, and telecommunications
  • Form: encapsulated and non-encapsulated
  • Geography: Americas, APAC, and EMEA
Technavio's report, Global Advanced Phase Change Materials Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Cryopak
  • Entropy Solutions
  • Honeywell Electronic Materials
  • Outlast Technologies
  • Phase Change Energy Solutions
Other prominent vendors
  • AI Technology
  • Croda International
  • DuPont
  • Henkel
  • Laird
  • Parker Chomerics
  • PCM Products
  • Phase Change Products
  • Pluss Polymers
  • Rgees
  • Rubitherm Technologies
Market driver
  • Environmental regulations and cost savings
  • For a full, detailed list, view our report
Market challenge
  • Lack of awareness
  • For a full, detailed list, view our report
Market trend
  • Increased demand for advanced memory applications
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Advanced Phase Change Material Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Advanced Phase Change Material Market: BASF, Cryopak, Entropy Solutions, Honeywell Electronic Materials, Outlast Technologies and Phase Change Energy Solutions
Other Prominent Vendors in the market are: AI Technology, Croda International, DuPont, Henkel, Laird, Parker Chomerics, PCM Products, Phase Change Products, Pluss Polymers, Rgees and Rubitherm Technologies
Commenting on the report, an analyst from Technavio’s team said: “Advanced phase-change materials are relatively new in the market and their adoption and incorporation in end-use products necessitates the provision of adequate support services. As awareness of the benefits of these materials is low, such support services also serve the purpose of dissipating product knowledge among end-users. Vendors in the market such as Pluss Polymers offer consultancy services for its clients, which involve the design of thermal energy storage systems that incorporate advanced phase-change materials. BASF introduced a new mobile application in March 2015 that aids building designers and architects in evaluating the contribution that phase-change-material-based building products have on energy savings. Of all the vendors in the market, 75% are focusing on the provision of support services; the remaining 25% are not.”
According to the report, there has been 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. Innovation is high in most applications of phase-change materials, such as packaging and electronics, and this is expected to drive market growth during the forecast period. 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.
Further, the report states that there are many technical issues that need to be addressed when phase-change materials are integrated or used in conjunction with other materials.

Companies Mentioned

BASF, Cryopak, Entropy Solutions, Honeywell Electronic Materials, Outlast Technologies, Phase Change Energy Solutions, AI Technology, Croda International, DuPont, Henkel, Laird, Parker Chomerics, PCM Products, Phase Change Products, Pluss Polymers, Rgees, Rubitherm Technologies

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
  • Global advanced phase-change materials market
    • Market size and forecast by revenue
      • Table Global advanced phase-change materials market 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Product type segmentation overview
      • Table Segmentation of global advanced phase-change materials market by type 2014
    • Global organic phase-change materials market
      • Table Global organic phase-change materials market 2014-2019 ($ millions)
      • Table Segmentation of global advanced phase-change materials market by type 2014-2019
    • Global inorganic phase-change materials market
      • Table Global inorganic phase-change materials market 2014-2019 ($ millions)
    • Global bio-based phase-change materials market
      • Table Global bio-based phase-change materials market 2014-2019 ($ millions)
  • Market segmentation by application
    • Application segmentation overview
      • Table Segmentation of global advanced phase-change materials market by application 2014
      • Table Segmentation of global advanced phase-change materials market by application 2019
    • Segmentation of global advanced phase-change materials market by application 2014 and 2019
      • Table Segmentation of global advanced phase-change materials market by application 2014 and 2019 ($ millions)
  • Market segmentation by form
    • Form segmentation overview
      • Table Segmentation of global advanced phase-change materials market by form 2014
  • Geographical segmentation
    • Geographical segmentation overview
      • Table Segmentation of global advanced phase-change materials market by geography 2014 and 2019
    • Advanced phase-change materials market in EMEA
      • Table Advanced phase-change materials market in EMEA 2014-2019 ($ millions)
    • Advanced phase-change materials market in Americas
      • Table Advanced phase-change materials market in Americas 2014-2019 ($ millions)
    • Advanced phase-change materials market in APAC
      • Table Advanced phase-change materials market in APAC 2014-2019 ($ millions)
  • Market growth drivers
    • Growth drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Market restraints
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emerging trends
  • Vendor landscape
    • Competitive scenario
    • Key vendors
      • Table Key vendors 2014
    • Other prominent vendors
  • Value chain analysis
    • Table Value chain of advanced phase-change materials
    • Vendors of products for end-use applications
      • Table Vendors of products for end-use applications
  • Key vendor analysis
    • BASF
      • Table BASF: Business segmentation
      • Table Revenue comparison by business segmentation 2013 and 2014 ($ billions)
      • Table Geographical segmentation by revenue 2014 ($ billions)
      • Table Geographical segmentation by revenue by FY2013 and FY2014 ($ billions)
    • Cryopak
    • Entropy Solutions
    • Honeywell Electronic Materials
    • PCES
    • Outlast Technologies
  • Appendix
    • List of abbreviations
  • Explore Technavio

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