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Advanced Phase Change Material Market (Inorganic, Organic & Bio-Based) Worth $1,150 Million by 2018 - New Report by MarketsandMarkets
Date:8/24/2013

(PRWEB) August 24, 2013

The report "Advanced Phase Change Material Market, (PCM) by Type (Inorganic, Organic and Bio-based) & Application (Building & Construction, Cold Storage, HVAC, Textile, Thermal Energy Storage, Electronics)- Global Trends & Forecast to 2018" defines and segments the global PCM market with analysis and forecasting of the global revenue and volume. The phase change material market is estimated to grow from $460 million in 2013 to $1,150 million by 2018, growing with a CAGR of 20.1% during the same period.

Browse 101 market data tables with 59 figures spread through 338 pages and in-depth TOC on Advanced Phase Change Material Market (PCM), by Type (Inorganic, Organic and Bio-based) & Application (Building & Construction, Cold Storage, HVAC, Textile, Thermal Energy Storage, Electronics) - Global Trends & Forecast to 2018.

Early buyers will receive 10% customization on this report.

The increasing demand for energy-saving and environment-friendly technology is driving the growth of the global phase change material (PCM) market. The development of new products and market shift towards bio-based phase change material will surge the demand in future.

With new and improved products, companies can provide more application specific solutions and hence, increase the demand. Industry participants with the most significant product developments include BASF (Germany), Honeywell (China), Outlast Technologies (U.S.), and Sonoco (U.S.).

Currently, building & construction is the major application of PCM followed by HVAC (heating, ventilation and air-conditioning). Thermal energy storage, and shipping, packaging & transportations also have significant market sizes.

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