The global advanced
phase change materials market was valued at USD 350.0 million in 2011
and is expected to be USD 1,176.4 million in 2018, growing at a CAGR
of 19.5% from 2012 to 2018.
Browse the full
report at
http://www.transparencymarketresearch.com/phase-change-material-market.html
Technological
advancements and developments of APCMs have provided an alternative
to reduce energy consumption. APCMs have a wide range of applications
in industries such as building and construction, energy storage, HVAC
and others. The growth of construction segment in China, India and
Brazil, coupled with increase need for energy conservation is
expected to drive APCM demand over the next five years. In addition,
APCMs provide the highest heat storage capacity as compared to any
other conventional materials such as wood, water or plastic resulting
in increased use in segments such as textile and temperature
controlled packaging. However, the hazardous nature of chemicals used
as phase change materials is expected to restrain the growth of the
market. Lack of government initiative and support towards the
development and implementation of PCM is a major challenge faced by
the APCMs manufacturers.
Paraffin-based phase
change materials were the largest product segment in 2011, accounting
for over 50% of the global APCM revenue. The other APCM product
segment includes bio based materials expected to show fastest growth
as compared to other sectors owing to favorable regulatory scenario
and increased R&D initiatives.
Construction
industry was the largest application segment for phase change
materials market and was valued over USD 95 million in 2011. The
increasing need for energy efficient buildings and rapid construction
activities in emerging economies is expected to drive the growth
APCMs market over the forecast period.
Request for
customization of this report
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1439
Europe was the
largest market for phase change materials followed by North America
with each region accounting for over 30% of the revenue in 2011. The
increased awareness about energy conservation and government
regulations favoring business which lead to energy saving is expected
to drive the market in these regions over the next six years.
The study provides a
detailed view of the advanced phase change material market in terms
of revenue for a period ranging from 2012 to 2018. The market has
been segmented based on product segments, applications and regions.
The applications have been further split based on their revenue in
various regions. The report segments the APCMs 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)
The report
comprises of advanced phase change materials revenue for every
application segment in the following regions:
North America
Europe
Asia Pacific
Rest of World
Browse all
Chemical Industry Research Reports @
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market
Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers. We are privileged with
highly experienced team of Analysts, Researchers, and Consultants,
who use proprietary data sources and various tools and techniques to
gather, and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
Contact
Sheela AK
90 Sate Street,
Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll
Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
0 comments:
Post a Comment