Phase Change Materials Market Size, Growth, Opportunity and Forecast to 2030

Phase Change Materials Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the phase change materials industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected phase change materials market growth numbers 2021-2030.

 

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The Phase Change Materials Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global phase change materials market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

 

The Phase Change Materials Global Market Report 2021 covers phase change materials market drivers, phase change materials market trends, phase change materials market growth rate, phase change materials market major players, player-adopted strategies in the market, and phase change materials market size.

 

The global phase change materials market is expected to grow from $0.94 billion in 2020 to $1.04 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth in the phase change market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The phase change market is expected to reach $2.16 billion in 2025 at a CAGR of 19.9%.

 

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The report covers the phase change materials market segments-
1) By Type: Organic, Inorganic, Bio-Based

2) By Encapsulation Technology: Macro, Micro, Molecular

3) By Product: Paraffin, Non-Paraffin, Salt Hydrates, Eutectics

4) By End-User: Building And Construction, Packaging, Textiles, Electronics, Transportation, Others

 

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