Advanced Phase Change Material Market (PCM) worth $1,150 Million By 2018

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MarketsandMarkets Presents
Advanced Phase Change Material Market (PCM) worth
1,150 Million By 2018
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• 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.
• Browsegtgt
• 101 market data tables with
• 59 figures spread through
• 338 pages and in-depth TOC on Advanced Phase
  Change Material Market
• http//www.marketsandmarkets.com/Market-Reports/ad
  vanced-phase-change-material-pcm-market-1087.html
  Early buyers will receive 10 customization in
  this report.

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• 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.).

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• 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.
• These applications are more matured in
  commercialization cycle as compared to textile
  and electronics.
• PCM usage in a particular application and its
  commercialization depends upon the availability
  of right grade.
• This market has vast potential which can be
  utilized with reduction in cost of PCM as well as
  macro and micro-encapsulation technique.

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• Commonly, a company targets to a certain or few
  applications with limited PCM portfolio.
• The different types of PCM are organic,
  inorganic, and bio-based which are made from
  paraffin, salt hydrates, and plant oil or animal
  fat respectively.
• Each type of PCM can have variety of products
  with different temperature ranges targeting to
  different applications.
• Organic PCM offers maximum revenue while
  bio-based PCM is expected to have highest growth
  rate during next five years.
• Reduction in prices will drive the bio-based PCM
  market.

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• Most of the key players are located in Europe
  and North America where the market is
  consolidated with respect to individual
  applications.
• Asia-Pacific stands just next to these two
  regions where this market has been developing
  with an increasing awareness.
• This report forecasts revenue and volume of the
  global PCM market and its various submarkets with
  respect to main regions such as Europe, Americas,
  Asia-Pacific, and Middle East Africa.
• It also focuses on market dynamics such as
  drivers, restraints, opportunities, burning
  issues, and winning imperatives. Major players in
  the global PCM market have been identified and
  profiled in the report.

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