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Published Date: 2013-08-07Number of Pages: 98

Advanced Phase Change Materials Market (Paraffin, Salt Hydrates, Others) for Commercial Refrigeration, HVAC, Energy, Shipping, Building, Construction and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Advanced phase change materials (APCMs) are capable of storing and releasing high amounts of energy, whenever these materials change their state. Phase change materials can be segmented into organic, non-organic and bio-based. Increase in total energy supply, growth of construction industry in developed and developing economies and superior heat storage capacity of these materials are a few key drivers which are expected to increase the demand for APCMs. In addition, increasing use of these materials in textile industry and temperature controlled packaging coupled with the growth of these industries is expected to boost the demand over the next few years. However, the high cost and hazardous nature of these materials is expected to hamper the growth of this market. Economic growth in emerging economies of Asia Pacific is expected to open new opportunities for the growth of this market.

Paraffin was the largest product segment of this market accounting for over 50% of the market in 2011. It has high heat storing capacity and is chemically stable in nature. However, others product segments of APCM which include bio-based phase change materials are expected to show the fastest growth within the forecast period. Growing demand for bio-based products is expected to be one of the primary factors expected to drive the demand for other phase change materials. In addition, research and development for this product segment is expected to boost its demand. Other product segment is expected to account for over 13% of the market in 2018.

APCMs in building and construction were the largest application segment within the market accounting for 24% of the market in 2011. Increasing population in large economies such as China, India and U.S. are driving the construction which in turn is expected to fuel the growth of APCM over the next few years. In addition, demand for “green” construction is expected to contribute to the growth of the market. Shipping and transportation is expected to be the second-fastest growing application segment of phase change materials. Increase trade activities and development of APCMs which enable transportation of perishable goods such as medicines and food is expected to drive the demand in this application segment. Shipping and transportation is expected to account for over 10% of the market in 2018.

Europe was the largest market for APCMs and accounted for 34% of the market in 2011. Germany, France and U.K. accounted for the highest demand in this region. Primary focus on conserving energy by reducing its consumption is expected to drive the demand in this region. in addition, its increasing usage in old and new residential and non-residential is expected to boost the demand for APCMS over the next few years. Europe is expected to be the fastest growing region within the forecast period. Asia Pacific is expected to show the second-fastest growth within the forecast period and is expected to account for over 25% of the market in 2018. Rapid industrialization and growing construction activities are some of the factors which are expected to contribute to the demand for APCMs in this region.

advanced-phase-change-materials-market-revenue-share-by-product-2011-and-2018

Advanced phase change materials (APCMs) are capable of storing and releasing high amounts of energy, whenever these materials change their state. Phase change materials can be segmented into organic, non-organic and bio-based. Increase in total energy supply, growth of construction industry in developed and developing economies and superior heat storage capacity of these materials are a few key drivers which are expected to increase the demand for APCMs. In addition, increasing use of these materials in textile industry and temperature controlled packaging coupled with the growth of these industries is expected to boost the demand over the next few years. However, the high cost and hazardous nature of these materials is expected to hamper the growth of this market. Economic growth in emerging economies of Asia Pacific is expected to open new opportunities for the growth of this market.

This report gives a detailed description of the global advanced phase change materials market based on revenue (USD million) for the period 2012 to 2018. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2012-2018 for advanced phase change materials have been given separately, for better understanding of the market scenario. The advanced phase change materials market is described with respect to their various segments along with the opportunities that are expected in the coming six years.

For geographic analysis, the global advanced phase change materials market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. Based on the product segments, the advanced phase change materials market can be categorized into different product segments such as paraffin, salt hydrates and others such as Bio-APCM

The major application segments in the advanced phase change materials market are building and construction, commercial refrigeration, HVAC, energy storage shipping and transportation and others including textiles, protective clothing, etc.

Market numbers are given on the basis of different advanced phase change materials products and key end-user markets. Market size and forecast for each major application is provided in the context of global as well as the regional market. Inflation is not a part of pricing in this report. A combination of primary and secondary research has been employed to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global advanced phase change materials market and further validated numbers with the key market participants.

For a more comprehensive view of the market, a value chain analysis and Porter’s five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also includes detailed profiles of key players such as E. I. du Pont de Nemours, BASF, Advansa BV among others and Dow Chemical Company among others. The detailed description of players includes parameters such as company overview, financial overview, business strategies, SWOT analysis and recent developments of the company.

The in-depth research and high level analysis will allow advanced phase change materials manufacturers, large retailers, lawmakers and research and development agencies to make informed decisions about advanced phase change materials manufacturing, designing, marketing, growth strategies and gaining competitive advantage

The report segments the global advanced phase change materials market as:
  • Advanced phase change materials market & Product segment analysis
    • Paraffin
    • Salt Hydrates
    • Others (Bio- APCM)
  • Advanced phase change materials market & Application analysis
    • Building and construction
    • Commercial refrigeration
    • HVAC
    • Energy storage
    • Shipping and transportation
    • Others (Textiles, Protective clothing)
  • Advanced phase change materials market - Regional analysis
    • North America
    • Europe
    • Asia Pacific
    • ROW


 
 
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