Market Research Report
Phase Change Materials (PCMs) - A Global Market Overview
|Published by||Industry Experts||Product code||673166|
|Published||Content info||342 Pages, 217 Charts
|Phase Change Materials (PCMs) - A Global Market Overview|
|Published: August 6, 2018||Content info: 342 Pages, 217 Charts||
Phase Change Materials (PCMs) are finding increasing use in logistics & cold chains, buildings, textiles and electronic applications, which are driving demand for these unique solutions. Temperature controlled packaging based on PCMs is used for transporting life-saving drugs and pharmaceuticals and perishable foods. These materials enable in maintaining the required temperatures within refrigerated trucks and containers. Electronic applications of PCMs are poised to post the second-fastest growth over the analysis period, which can be attributed to rapidly progressing technology leading to increasing power and speed of electronic devices, which, in turn, need better solutions for thermal management.
Building & Construction is estimated the largest application for PCMs with consumption of worth US$558 million in 2018 while Logistics & Cold Chains is projected to grow faster at a CAGR of 23% during the analysis period 2017-2023 closely followed by Electronics with 21.2%.
The report analyzes the market for the key types of Phase Change Materials including:
The market for Application Areas of Phase Change Materials analyzed comprise the following: