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Global Advanced Phase Change Materials Market 2017-2021

About Advanced Phase Change Materials

Advanced phase change materials (APCMs) refer to materials or products that are capable of storing energy absorbed or released by thermodynamic systems or materials at a constant-temperature process. In other words, APCMs are materials that are capable of storing latent heat during the process of phase transition. The latent heat transition associated to APCMs can be achieved changing the phases such as solid to liquid, solid to solid, liquid to gas, and solid to gas. However, at a commercial level, only solid to liquid change in the phase is used in APCMs. APCMS are used in an array of applications that demand thermal control or management. Some of the major applications of APCMs are building and construction, automotive, and packaging.

Technavio’s analysts forecast the global advanced phase change materials market to grow at a CAGR of 19.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global advanced phase change materials market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Advanced Phase Change Materials Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Cryopak
  • ENTROPY SOLUTIONS
  • Honeywell International
  • Outlast Technologies
Other prominent vendors
  • Climator
  • Croda International
  • PCM Products
  • Phase Change Energy Solutions
  • PLUSS Advanced Technologies
  • RGEES
  • Rubitherm Technologies
  • Salca
  • SGL Group
Market driver
  • Increasing inclination toward energy conservation
  • For a full, detailed list, view our report
Market challenge
  • Cost-related issues hampering demand for APCMs
  • For a full, detailed list, view our report
Market trend
  • Use of APCMs to model brain’s neurons
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Advanced Phase Change Materials Market 2017-2021

Technavio recognizes the following companies as the key players in the global advanced phase change materials market: BASF, Cryopak, ENTROPY SOLUTIONS, Honeywell International, and Outlast Technologies.

Other Prominent Vendors in the market are: Climator, Croda International, PCM Products, Phase Change Energy Solutions, PLUSS Advanced Technologies, RGEES, Rubitherm Technologies, Salca, and SGL Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of APCMs to model brain’s neurons. There has been an increase in the number of research activities associated with the use of APCM materials in novel applications. One such attempt relates to the use of APCMs to aid cognitive computing. APCMs are used by the scientists of IBM for the creation of artificial spiking neurons, and thereby opened new possibilities of structuring a neural network that could find application in artificial intelligence (AI).”

According to the report, one driver in the market is increasing inclination toward energy conservation. The global APCMs market is driven by the adoption of energy efficient systems and products, especially in buildings to reduce the emissions of gases (greenhouse). The growing demand for energy conservation in buildings has led to the adoption of economical methods for improving the thermal comfort. For instance, the underfloor heating system has emerged as an economical and efficient method for home heating. APCMs are regarded as attractive solutions for thermal energy storage in the underfloor heating system. This is owing to their high energy storage density. The use of APCMs allows the heat pump (air source) to function efficiently in the warmer, ambient air conditions.

Further, the report states that one challenge in the market is cost-related issues hampering demand for APCMs. The global APCMs market depends highly on the cost of technology used in the production of APCMs. As APCMs are used in a broad spectrum of applications, APCMs are stored as per application, and is, therefore, subject to varying costs. One of the complications involved in the framing of a detailed cost estimate for APCM depends on the method of production or technology is used. Therefore, any generalized cost in this respect is of questionable value. The production of PCMs requires the use of good quality raw materials.

Companies Mentioned

BASF, Cryopak, ENTROPY SOLUTIONS, Honeywell International, and Outlast Technologies, Climator, Croda International, PCM Products, Phase Change Energy Solutions, PLUSS Advanced Technologies, RGEES, Rubitherm Technologies, Salca, and SGL Group.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Typical applications employing APCMs
  • Market landscape
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast 2016-2021
      • Table Global APCMs market 2016-2021 ($ mn)
      • Table Global APCMs market– Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Global APCMs market by application
      • Table Global APCMs market by application 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Global APCMs market by building and construction
      • Table Global APCMs market by building and construction 2016-2021 ($ mn)
      • Table Global APCMs market by building and construction – Year-over-year growth 2017-2021 (%)
    • Global APCMs market by HVAC
      • Table Global APCMs market by HVAC 2016-2021 ($ mn)
      • Table Global APCMs market by HVAC – Year-over-year growth 2017-2021 (%)
    • Global APCMs market by packaging and transportation
      • Table Global APCMs market by packaging and transportation 2016-2021 ($ mn)
      • Table Global APCMs market by packaging and transportation – Year-over-year growth 2017- 2021 (%)
    • Global APCMs market by textiles
      • Table Global APCMs market by textiles 2016-2021 ($ mn)
      • Table Global APCMs market by textiles – Year-over-year growth 2017-2021 (%)
    • Global APCMs market by electronics
      • Table Global APCMs market by electronics 2016-2021 ($ mn)
      • Table Global APCMs market by electronics – Year-over-year growth 2017-2021 (%)
    • Global APCMs market by others
      • Table Global APCMs market by others 2016-2021 ($ mn)
      • Table Global APCMs market by others – Year-over-year growth 2017-2021 (%)
      • Table Others: Application areas
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by type
    • Global APCMs market by type
      • Table Global PCMs market by type 2016-2021 (%)
    • Comparison by type
      • Table Comparison by type
    • Global APCMs market by organic PCMs
      • Table Global APCMs market by organic PCMs 2016-2021 ($ mn)
      • Table Global APCMs market by organic PCMs– Year-over-year growth 2017-2021 (%)
      • Table Advantages of APCMs in building and construction
    • Global APCMs market by inorganic PCMs
      • Table Global APCMs market by inorganic PCMs 2016-2021 ($ mn)
      • Table Global APCMs market by inorganic PCMs – Year-over-year growth 2017-2021 (%)
    • Global APCMs market by bio-based PCMs
      • Table Global APCMs market by bio-based PCMs 2016-2021 ($ mn)
      • Table Global APCMs market by bio-based PCMs – Year-over-year growth 2017-2021 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Regional landscape
    • Geographical segmentation
      • Table APCMs market by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • APCMs market in EMEA
      • Table APCMs market in EMEA 2016-2021 ($ mn)
      • Table APCMs market in EMEA – Year-over-year growth 2017-2021 (%)
    • APCMs market in Americas
      • Table APCMs market in the Americas 2016-2021 ($ mn)
      • Table APCMs market in the Americas – Year-over-year growth 2017-2021 (%)
    • APCMs market in APAC
      • Table APCMs market in APAC 2016-2021 ($ mn)
      • Table APCMs market in APAC – Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Installed solar capacity by region 2015 (GW)
    • Market challenges
      • Table Oil price 2010-2016 ($ per barrel)
  • Market trends
    • Use of APCMs to model brain's neurons
    • Increasing adoption rate across key applications in APAC
    • Development of a new APCM material to retain the shape of a solid structure
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Vendor analysis
    • Vendors covered
      • Table Product portfolio of Micronal APCM
      • Table Honeywell International: TIM products and their applications
  • Appendix
    • List of abbreviations
  • Explore Technavio

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