Phase Change Materials Market: Asia Pacific is expected to witness the highest growth during 2015-2020
Phase change material or PCMs are substances that change their state with heat absorbance and loss of heat. These materials store latent heat during phase change, thus called as phase changing materials. The Phase Change Materials Market deals with demand and supply, production and scope of PCMs in various applications across the globe during 2015-2020.
Europe dominates the Phase Change Materials Market with high utilization of the phase change materials in construction and other industrial applications. North America has stable market for the PCMs in the region and expected to witness good growth in upcoming years.
The rise in construction and building in the countries like China, India, Brazil and South Africa are stated to boost the demand for phase change materials in the coming years. With high scale use of the Phase Change Materials Market products in the APAC region, this region is expected to witness the high growth during 2015-2020.
For More information: http://industryarc.com/Report/11653/phase-change-materials-market
Bio based phase change materials are expected to gain more prominence in the Phase Change Materials Market due to environmental concerns. Thus, bio based materials are the fastest growing rate type in this market during 2015-2020.
The Phase Change Materials Market is segmented into various categories in the IndustryARC market research report by type, by application and by geography.
By type: inorganic, organic (paraffin wax, fatty acids, bio-based), eutectics and hygroscopics
By application: building and construction, energy storage, HVAC, shipping and transportation, commercial refrigeration, solar energy storage and others
By geography: North America, South America, Europe, Asia Pacific and ROW
According to the IndustryARC market research report, some of the noteworthy key players in the Phase Change Materials Market are as follows:
- BASF SE
- Honeywell International Inc.
- The Dow Chemical Company
- I. Du Pont De Nemours and Company
- Phase Change Energy Solutions Inc.
The Phase Change Materials Market is a growing market with wide scope of applications in various end user industries across the globe during 2015-2020. This market is forecasted to witness high growth due to rise in urbanization and industrialization in many regions, thus it is a profitable market for investment in upcoming years.
Get the Sample PDF Brochure @ http://www.industryarc.com/pdfdownload.php?id=11653
Enquiry before Buying @ http://www.industryarc.com/inquiry-before-buying.php?id=11653
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
Contact Person: Sanjay Matthews
Phone: 1-614-588-8538 (Ext: 101)
Company Name: IndustryARCTM
Connect with us on LinkedIn @ http://www.linkedin.com/company/industryarc
Get More Insights on Reports @ http://goo.gl/Ga7fq7