Report Highlights
The global phase change materials (PCM) market reached $681 million in 2015. This market is expected to increase from $810 million in 2016 to $2.0 billion in 2021 at a compound annual growth rate (CAGR) of 20.1% for 2016-2021.
Report Includes
- An overview of the global market for phase change materials (PCM), also known as latent heat storage materials, which store and release large amounts of heat or energy while maintaining a constant temperature.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
- Information on the architecture of the latent heat storage materials value chain.
- Details of the drivers and restraints of the market, as well as opportunities in the latent heat storage materials industry.
- Analysis surrounding the types and classifications of latent heat storage materials.
- Profiles of leading companies in the field of phase change materials.
Report Scope
This research report incorporates an in-depth analysis of the global PCM market, including market estimates and trends through 2021. This report analyzes market dynamics of such applications across North America, Europe, Asia-Pacific and the rest of the world. Major players, competitive intelligence, innovative technologies, market dynamics and geographic opportunities are discussed in detail. The global PCM market is analyzed for PCMs by type, application and region.
The report also discusses recent corporate developments for the major players, as well as their product portfolios. Patent analysis provides trends over the past two to three years in the U.S., Europe and Japan.
Analyst Credentials
Tanmay Joshi has been an analyst for BCC Research since 2014, having authored numerous reports in the areas of advanced materials, biochemicals, industrial chemicals and the applied sciences. He holds both bachelors and master's degrees in chemistry, as well as a Master of Business Administration in Management Science. Prior to joining BCC Research, Joshi conducted chemical research in the R&D division of an international pharmaceutical company.
Report Highlights
The global phase change materials (PCM) market totaled $480.8 million in 2013 and is expected to grow from $572.1 million in 2014 to $1.4 billion in 2019, an estimated compound annual growth rate (CAGR) of 19.8% from 2014 through 2019.
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