Phase Change Materials Market

Phase Change Materials Market Segments, Opportunity, Growth and Forecast by End-use Industry 2021-2031

Chemical & Materials

Phase change materials are capable materials for storing and releasing large amounts of energies. These are designed to change their phases from +2°C to +8°C range and are recommended for vaccine storage and transport. Phase change materials are purposely filled in a leak-proof pack with a high amount of latent heat of fusion.

The principle mechanism beyond phase changing is, heat energy is absorbed and released when the material changes from solid to liquid or vice versa. Apart, from that phase change materials have huge variety of applications. They are used for storing heat for air-conditioning, peak heat reduction of load, as buffer storage for solar-based applications, etc.

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Segmentation Analysis of Global phase change materials Market

The Global phase change materials market is bifurcated into three major segments: material type, application and region.

Based on the material type, Global phase change materials market is segmented as follows:

  • Organic phase change materials
    • Paraffin
    • Non-paraffin
  • Inorganic phase change materials
    • Salt hydrates
  • Metallic alloys
  • Eutectic phase change materials
    • Organic-Organic (a mixture of both)
    • Inorganic-Inorganic
    • Organic-Inorganic

Based on application, Global phase change materials market is segmented as follows:

  • Positive Temperature
    • Chilled Food Transport
    • Drink Cooling
    • Drink Vending
    • Medicine & Vaccine Transport
    • Air Conditioning
    • Building Passive Cooling
    • Water Heating
    • Solar Heating
    • Waste Heat Storage
    • Heat Rejection Systems
    • Telecommunication Shelter Cooling
    • Electronic / Battery Cooling
    • Heat Pumps
  • Negative Temperature
    • Temperature Controlled Packaging
    • Frozen Food Transportation
    • Ice Cream Vending
    • Medicine & Vaccine Transport
    • Food Stall Cooling
    • Automotive Cooling Applications
    • Marine Refrigeration
    • Cold Store Back-up
    • Transport Refrigeration
    • Body Cooling
    • Medical Passive Cooling
    • Temperature Controlled Transport
    • Others

Based on the global split, Global phase change materials market is segmented as follows:

  • North America
  • Europe
  • Latin America
  • East Asia
  • South Asia and Oceania
  • Middle East & Africa

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Global Phase Change Materials Market: Key players

Key players are the dominating members in the global phase change materials market due to their innovation and applications. Phase change materials market is consolidated by few players. Key players in the phase change materials market are ruling by investing their cash flows in R&D. Many non-profit government organizations are backing the industrial market for the global and regional developments.

Some of the major key players covered in global phase change materials market report are given below

  • Axiotherm GmbH
  • Croda Europe Ltd.
  • Global Energy Systems Europe BV
  • Hangzhou Ruhr New Material Technology Co., Ltd. (‘RuhrTech’)
  • Microtek Laboratories, Inc.
  • PCM Technology
  • Outlast Technologies
  • PLUSS Advanced Technologies Pvt. Ltd.
  • Phase change product Pvt. Ltd.
  • PureTemp LLC
  • Rubitherm technologies gmbh
  • Sasol Germany GmbH
  • Others

Some of the Key players in global phase change materials market have been following organic growth strategy such as product launch to sustain the market. Recently one of the key players Rubitherm technologies gmbh have come up with phase change material based PhaseCube. PhaseCube is capable of drawing outside air inside the room during day time. During this process the warm air entering the room is cooled using cold stored during night.

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