Efficiency through Change: Outlook for the Phase Change Material Market 2023-2030


Posted May 16, 2024 by Rutuja123

A phase change material is a substance that, during a phase transition, releases/absorbs enough energy to provide useful heat/cooling.

 
" Phase Change Material Market: Maximize Market Research Pvt Ltd Report Offers Comprehensive Industry Overview and Future Projections"

Anticipated Growth in Revenue:

The Phase Change Material Market size was valued at USD 1981.94 Mn. in 2023 and the total Phase Change Material revenue is expected to grow at 15.8% from 2024 to 2030, reaching nearly USD 5534.14 Mn.

Phase Change Material Market Overview

The objective of this research is to conduct a comprehensive examination of the Phase Change Material market, delving into its components, applications, industries, and geographical aspects. It aims to furnish detailed insights into the key drivers shaping the growth trajectory of the Phase Change Material sector. Additionally, the study endeavors to offer a meticulous scrutiny of the market's value chain.

Phase Change Material Market Scope and Methodology:

The methodology employed to evaluate and predict the trajectory of the Phase Change Material market commences with the collection of revenue data from prominent suppliers through secondary research channels. In delineating market segmentation, vendor offerings are duly taken into account. Employing the bottom-up approach, the revenue streams of leading corporations were leveraged to gauge the overall magnitude of the Phase Change Material market.

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Function Type segment with the quickest growth :

The market is divided into four segments based on the function: location-based services, telematics and navigation, surveying, mapping, and mapping. By 2029, the mapping function sector is anticipated to command the highest market shares. The application of mapping technology in fields including infrastructure, transportation, agriculture, forestry, defense & security, and environment has been expanding quickly. Developing nations like China and India are funding initiatives like smart cities and urban planning, which supports the growth of the Phase Change Material market. LIDAR images and aircraft technology are also being used to map and gather data. Combining maps and other geographical data requires the use of Phase Change Material software, which offers features and tools for storing, retrieving, managing, displaying, and analyzing many kinds of geographic and spatial data.

Phase Change Material Market Segmentation: The Art of Unveilingby Module


by Type

Inorganic
Organic


by Application

HVAC
Cold Chain & Packaging
Thermal Energy Storage
Electronics
Textile
Building & Construction
Refrigeration & Equipment
Others


by Form

Encapsulated
Non-Encapsulated


by Encapsulation Technology

Macro
Micro
Molecular

Phase Change Material Market Key Players :

1. Cold Chain Technologies, Inc.
2. Croda International Plc.
3. Microtek Laboratories Inc.
4. Sasol Limited
5. PureTemp LLC.
6. Henkel AG & Company KGAA
7. Outlast Technologies LLC.
8. Advansa B.V.
9. AI Technology Inc.
10.Climator Sweden AB
11.Ciat Group
12.Honeywell Electronic Materials, Inc.
13.Phase Change Materials Products Ltd.
14.Rubitherm Technologies GmbH
15.Teappcm
16.BASF SE
17.SGL Group
18.Salca BV
19.Rubitherm Technologies GmbH
20.Pluss Advanced Technologies Pvt. Ltd.
21.RGEES, LLC.
22.Outlast Technologies LLC.

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Phase Change Material Market Regional Insights

The report's regional analysis offers a deep dive into the Phase Change Material market across various countries, scrutinizing key factors like political climates, geographical nuances, and consumer purchasing patterns. These variables wield considerable influence over the Phase Change Material market dynamics, and the report meticulously elucidates their effects. Furthermore, comprehensive data on market dimensions, growth trajectories, and import-export activities across all regions are incorporated within the report.

Key Questions answered in the Phase Change Material Market Report are:


Which segment held the largest Phase Change Material market share?Which segment is expected to grow at a high CAGR during the forecast period?Who are the key players in the Phase Change Material industry?Which Phase Change Material market segment is expected to grow rapidly during the forecast period?What is the expected Phase Change Material market size?What are the primary factors driving the growth of the Phase Change Material market?Which region has the largest Phase Change Material market share?What is the expected CAGR of the Phase Change Material market during the forecast period?

Key Offerings:

Past Market Size and Competitive LandscapeHistorical Pricing and price curve by regionMarket Size, Share, and Forecast by different segments | 2023−2029Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by regionMarket Segmentation – Detailed analysis by segments with their sub-segments and regionCompetitive Landscape – Profiles of selected key players by region from a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playersCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s AnalysisValue chain and Supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendations

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Categories Blogging , Computers , Education
Tags phase change material market , phase change material market size , phase change material market analysis
Last Updated May 16, 2024