Phase Change Materials Market Key Findings by 2031
A phase change material is a substance that releases/ absorbs enough energy to generate useful heat/ cooling at phase transition. In most cases, the transition will be between one of the first two fundamental states of matter, solid and liquid.
MARKET DYNAMICS
The global market for phase change materials is being driven by strong demand from end use sectors such as building and construction, HVAC, cold chain and packaging, thermal energy storage, refrigeration and equipment, electronics, textiles and others.
MARKET SCOPE
The "Global Phase Change Materials Market Analysis to 2031" is a specialized and in-depth study of consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Phase Change Materials Market with detailed market segmentation by application and product type. The global Phase Change Materials Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Phase Change Materials Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Phase Change Materials Market is segmented into application and product type.
By application the Phase Change Materials Market is segmented building & construction, packaging, refrigeration, energy storage, textiles, others
By product type the Phase Change Materials Market is segmented into organic, inorganic
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Phase Change Materials based on various segments. It also provides market size and forecast estimates concerning major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Phase Change Materials Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of different countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Phase Change Materials Market from both demand and supply side. Further, it evaluates market dynamics affecting the market.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Phase Change Materials based on various segments. It also provides market size and forecast estimates concerning major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Phase Change Materials Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of different countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Phase Change Materials Market from both demand and supply side. Further, it evaluates market dynamics affecting the market.
MARKET PLAYERS
The report covers vital developments in the Phase Change Materials Market as different product types. These activities have paved the way for the expansion of business and customer base of market players.
The market players from the Phase Change Materials Market are anticipated to lucrative growth opportunities in the future with the rising demand.
Below mentioned is the list of few companies engaged in the Phase Change Materials Market
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Phase Change Materials Market - By Product Type
1.3.2 Phase Change Materials Market - By Application
1.3.3 Phase Change Materials Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PHASE CHANGE MATERIALS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. PHASE CHANGE MATERIALS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PHASE CHANGE MATERIALS MARKET - GLOBAL MARKET ANALYSIS
6.1. PHASE CHANGE MATERIALS - GLOBAL MARKET OVERVIEW
6.2. PHASE CHANGE MATERIALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PHASE CHANGE MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. INORGANIC
7.4.1. Overview
7.4.2. Inorganic Market Forecast and Analysis
8. PHASE CHANGE MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BUILDING AND CONSTRUCTION
8.3.1. Overview
8.3.2. Building and Construction Market Forecast and Analysis
8.4. PACKAGING
8.4.1. Overview
8.4.2. Packaging Market Forecast and Analysis
8.5. REFRIGERATION
8.5.1. Overview
8.5.2. Refrigeration Market Forecast and Analysis
8.6. ENERGY STORAGE
8.6.1. Overview
8.6.2. Energy Storage Market Forecast and Analysis
8.7. TEXTILES
8.7.1. Overview
8.7.2. Textiles Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. PHASE CHANGE MATERIALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Phase Change Materials Market Overview
9.1.2 North America Phase Change Materials Market Forecasts and Analysis
9.1.3 North America Phase Change Materials Market Forecasts and Analysis - By Product Type
9.1.4 North America Phase Change Materials Market Forecasts and Analysis - By Application
9.1.5 North America Phase Change Materials Market Forecasts and Analysis - By Countries
9.1.5.1 United States Phase Change Materials Market
9.1.5.1.1 United States Phase Change Materials Market by Product Type
9.1.5.1.2 United States Phase Change Materials Market by Application
9.1.5.2 Canada Phase Change Materials Market
9.1.5.2.1 Canada Phase Change Materials Market by Product Type
9.1.5.2.2 Canada Phase Change Materials Market by Application
9.1.5.3 Mexico Phase Change Materials Market
9.1.5.3.1 Mexico Phase Change Materials Market by Product Type
9.1.5.3.2 Mexico Phase Change Materials Market by Application
9.2. EUROPE
9.2.1 Europe Phase Change Materials Market Overview
9.2.2 Europe Phase Change Materials Market Forecasts and Analysis
9.2.3 Europe Phase Change Materials Market Forecasts and Analysis - By Product Type
9.2.4 Europe Phase Change Materials Market Forecasts and Analysis - By Application
9.2.5 Europe Phase Change Materials Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Phase Change Materials Market
9.2.5.1.1 Germany Phase Change Materials Market by Product Type
9.2.5.1.2 Germany Phase Change Materials Market by Application
9.2.5.2 France Phase Change Materials Market
9.2.5.2.1 France Phase Change Materials Market by Product Type
9.2.5.2.2 France Phase Change Materials Market by Application
9.2.5.3 Italy Phase Change Materials Market
9.2.5.3.1 Italy Phase Change Materials Market by Product Type
9.2.5.3.2 Italy Phase Change Materials Market by Application
9.2.5.4 United Kingdom Phase Change Materials Market
9.2.5.4.1 United Kingdom Phase Change Materials Market by Product Type
9.2.5.4.2 United Kingdom Phase Change Materials Market by Application
9.2.5.5 Russia Phase Change Materials Market
9.2.5.5.1 Russia Phase Change Materials Market by Product Type
9.2.5.5.2 Russia Phase Change Materials Market by Application
9.2.5.6 Rest of Europe Phase Change Materials Market
9.2.5.6.1 Rest of Europe Phase Change Materials Market by Product Type
9.2.5.6.2 Rest of Europe Phase Change Materials Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Phase Change Materials Market Overview
9.3.2 Asia-Pacific Phase Change Materials Market Forecasts and Analysis
9.3.3 Asia-Pacific Phase Change Materials Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Phase Change Materials Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Phase Change Materials Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Phase Change Materials Market
9.3.5.1.1 Australia Phase Change Materials Market by Product Type
9.3.5.1.2 Australia Phase Change Materials Market by Application
9.3.5.2 China Phase Change Materials Market
9.3.5.2.1 China Phase Change Materials Market by Product Type
9.3.5.2.2 China Phase Change Materials Market by Application
9.3.5.3 India Phase Change Materials Market
9.3.5.3.1 India Phase Change Materials Market by Product Type
9.3.5.3.2 India Phase Change Materials Market by Application
9.3.5.4 Japan Phase Change Materials Market
9.3.5.4.1 Japan Phase Change Materials Market by Product Type
9.3.5.4.2 Japan Phase Change Materials Market by Application
9.3.5.5 South Korea Phase Change Materials Market
9.3.5.5.1 South Korea Phase Change Materials Market by Product Type
9.3.5.5.2 South Korea Phase Change Materials Market by Application
9.3.5.6 Rest of Asia-Pacific Phase Change Materials Market
9.3.5.6.1 Rest of Asia-Pacific Phase Change Materials Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Phase Change Materials Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Phase Change Materials Market Overview
9.4.2 Middle East and Africa Phase Change Materials Market Forecasts and Analysis
9.4.3 Middle East and Africa Phase Change Materials Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Phase Change Materials Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Phase Change Materials Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Phase Change Materials Market
9.4.5.1.1 South Africa Phase Change Materials Market by Product Type
9.4.5.1.2 South Africa Phase Change Materials Market by Application
9.4.5.2 Saudi Arabia Phase Change Materials Market
9.4.5.2.1 Saudi Arabia Phase Change Materials Market by Product Type
9.4.5.2.2 Saudi Arabia Phase Change Materials Market by Application
9.4.5.3 U.A.E Phase Change Materials Market
9.4.5.3.1 U.A.E Phase Change Materials Market by Product Type
9.4.5.3.2 U.A.E Phase Change Materials Market by Application
9.4.5.4 Rest of Middle East and Africa Phase Change Materials Market
9.4.5.4.1 Rest of Middle East and Africa Phase Change Materials Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Phase Change Materials Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Phase Change Materials Market Overview
9.5.2 South and Central America Phase Change Materials Market Forecasts and Analysis
9.5.3 South and Central America Phase Change Materials Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Phase Change Materials Market Forecasts and Analysis - By Application
9.5.5 South and Central America Phase Change Materials Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Phase Change Materials Market
9.5.5.1.1 Brazil Phase Change Materials Market by Product Type
9.5.5.1.2 Brazil Phase Change Materials Market by Application
9.5.5.2 Argentina Phase Change Materials Market
9.5.5.2.1 Argentina Phase Change Materials Market by Product Type
9.5.5.2.2 Argentina Phase Change Materials Market by Application
9.5.5.3 Rest of South and Central America Phase Change Materials Market
9.5.5.3.1 Rest of South and Central America Phase Change Materials Market by Product Type
9.5.5.3.2 Rest of South and Central America Phase Change Materials Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PHASE CHANGE MATERIALS MARKET, KEY COMPANY PROFILES
11.1. PCM PRODUCTS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CLIMATOR SWEDEN AB
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CRODA INTERNATIONAL PLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SASOL
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LAIRD TECHNOLOGIES INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HONEYWELL INTERNATIONAL INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PHASE CHANGE SOLUTIONS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. COLD CHAIN TECHNOLOGIES
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BASF SE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CRYOPAK
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.PCM Products
2.Climator Sweden AB
3.Croda International Plc
4.Sasol
5.Laird Technologies Inc
6.Honeywell International Inc
7.Phase Change Solutions
8.Cold Chain Technologies
9.Basf Se
10.Cryopak
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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