Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Phase Change Materials (PCM) Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the Phase Change Materials (PCM) Market.

The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2020-2025.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

These questions and many more, big and small, are all discussed in the report in great detail.

The Phase Change Materials (PCM) Market: Highlights
Phase change materials market is likely to witness an impressive CAGR of 18.2% during the forecast period. Strong demand from end-use industries, such as building & construction, HVAC, cold chain & packaging, thermal energy storage, refrigeration & equipment, electronics, textiles, and others is the major factor driving the demand for phase change materials in the global market. Phase change material holds unique feature that it can store and release large amount of energy/heat while maintaining a constant temperature and hence, is used to conserve energy, reduce operating cost, and provide temperature security.

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.


Dissection by Segments
• By Type : Inorganic PCM, Organic PCM and Bio-Based PCM
• By Application Type : Building & Construction, HVAC and Others
• By Encapsulation Technology Type : Macro, Micro and Molecular
• By Region : North America, Europe, Asia-Pacific, and RoW

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Market Segments
Based on the type, the market is segmented as Inorganic PCM, Organic PCM, and Bio-based PCM. The inorganic PCM is expected to lead the market during the forecast period, owing to its good thermal conductivity, high latent heat of fusion, non-flammability, and low cost. Inorganic PCMs are extensively used in thermal energy storage, HVAC, cold chain & packaging, and refrigeration & equipment.
Based on the application type, the PCM market is segmented as building & construction, HVAC, cold chain & packaging, thermal energy storage, refrigeration & equipment, electronics, textiles, and others. The building & construction segment is expected to remain the largest segment during the forecast period, owing to stringent regulations towards greenhouse gas emission and increasing investment for low carbon buildings, especially in North America and Europe.
In terms of regions, Europe is expected to remain the largest market for phase change materials during the forecast period. Stringent regulation regarding usage and handling of temperature-sensitive goods, implementation of strict building codes, and the European Union directives to improve efficiency in buildings are the major factors that have led to the dominance of Europe in the global PCM market.

Players
Some of the major players in the phase change materials market are Honeywell Electronic Materials, Inc., Laird PLC., Sasol Limited, Croda International PLC., Entropy Solutions LLC, Microtek Laboratories Inc., Pluss Advanced Technologies Pvt. Ltd., Phase Change Energy Solutions Inc., Rubitherm Technologies GmbH, Phase Change Materials Products Ltd., Outlast Technologies LLC, Henkel AG & Company, KGaA, and Cold Chain Technologies, Inc.

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