Los Angeles, CA -- (SBWire) -- 04/24/2019 --Phase change materials (PCMs) are substances with a high enthalpy of fusion, also known as latent heat, meaning they can store large quantities of heat energy as they change phase. When melting, they absorb heat and maintain the temperature of the environment at a certain value until completely molten. When the temperature of the environment falls below the crystallisation temperature, the PCM will start to solidify, releasing large quantities of heat and maintaining the temperature until completely solid.

In consumption market, the growth rate of global consumption is stable. USA? Europe? China? Japan? Southeast Asia? India are still the mainly consumption regions, due to the advanced production technology and rapid development of economy.

The global Advanced Phase Change Materials (PCM) market was 850 million US$ in 2018 and is expected to 2150 million US$ by the end of 2025, growing at a CAGR of 14.1% between 2019 and 2025.

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This report studies the Advanced Phase Change Materials (PCM) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Advanced Phase Change Materials (PCM) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

BASF

Honeywell

Cryopak

Entropy Solutions Inc.

Climator Sweden AB

Phase Change Energy Solutions

Outlast Technologies

Dow Building Solutions

Chemours Company

PCM Energy Ltd

Rubitherm Technologies GmbH

By the product type, the market is primarily split into

Organic

Inorganic

Bio-based

By the end users/application, this report covers the following segments

Building & Construction

Refrigeration

Consumer goods

Others

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