Phase Change Material (PCM) Market report covers detailed industry scope future market size scenario and elaborates outlook to 2030
Phase Change Material (PCM) Market Synopsis The Phase Change Materials Market is expected to register over 16% CAGR during the review period. Phase Change Materials (PCMs) are known as thermal energy storage materials being widely used as a reliable source of energy to maintain required temperatures in a broad range of end-use industries. These materials change state from a solid to a liquid or from a liquid to a solid. The growth of the phase change materials market is primarily driven by rising demand for energy-efficient construction materials in the building and construction industry. Competitive Analysis Some of the key players in the global phase change materials are Global- E-Systems Europe B.V. (Netherlands), PCM Products Ltd (UK), Henkel AG & Co. KGaA (Germany), Croda International Plc (UK), Laird (UK), Cryopak, A TCP Company (US), Phase Change Energy Solutions Inc. (US), PURETEMP LLC (US), Microtek Laboratories, Inc. (US), Honeywell International Inc. (US), Cold Chai