Pune, India -- (SBWIRE) -- 03/06/2019 -- Phase change materials are used for storing latent heat during the phase transition enabling the temporary storage of low or high-temperature energy for later use. This latent heat transition can be achieved with solid-solid, solid-liquid, solid-gas, and liquid-gas phase change. However, at the commercial level, only solid-liquid phase change is used in advanced PCMs since other methods require a large volume and high pressure.

One of the key drivers associated with the growth of advanced phase change materials market is construction & building sector. Other factors such as increasing awareness on energy conservation, technological advancements in the applications of advanced phase change materials in the textile sector, urbanization in developing countries are further boosting the market growth. However, the high cost associated with advanced phase change materials may hamper the phase change materials market growth globally.

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The key players influencing the market are:

1. Advansa B.V.
2. BASF SE
3. Cryopak
4. E. I. Du Pont De Nemours And Company
5. Entropy Solutions
6. Microtek Laboratories, Inc.
7. Outlast Technologies LLC
8. Phase Change Energy Solutions
9. Pluss Advanced Technologies Pvt. Ltd.
10. Sonoco Products Company

This report contains:

-Market sizing for the global Advanced Phase Change Materials Market.

-Compare major Advanced Phase Change Materials providers strategies and approaches to the challenges they face

-Analysis of the effects deglobalisation trends may have for Advanced Phase Change Materials providers

-Profiles of major Advanced Phase Change Materials providers

-5-year CAGR forecasts for Advanced Phase Change Materials -intensive vertical sectors

Advanced Phase Change Materials Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Advanced Phase Change Materials Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

The reports cover key developments in the Advanced Phase Change Materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from Advanced Phase Change Materials market are anticipated to lucrative growth opportunities in the future with the rising demand for Advanced Phase Change Materials in the global market. Below mentioned is the list of few companies engaged in the Advanced Phase Change Materials Market.

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Key Benefits

-This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities.

-In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.

-This study further includes market share analysis in terms of type and applications.

-Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.

-Porter's Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.