Tuesday, 26 December 2017

Advanced Phase Change Materials Market in Global to peak demand by 2021 at a cagr of 19.55 % – as Climator, Croda International, PCM Products

A new research document with title ‘Global Advanced Phase Change Materials Market 2017-2021’covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes important players/vendors such as Climator, Croda International, PCM Products, Phase Change Energy Solutions  etc The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2021.
Advanced phase change materials (APCMs) refer to materials or products that are capable of storing energy absorbed or released by thermodynamic systems or materials at a constant-temperature process. In other words, APCMs are materials that are capable of storing latent heat during the process of phase transition. The latent heat transition associated to APCMs can be achieved changing the phases such as solid to liquid, solid to solid, liquid to gas, and solid to gas. However, at a commercial level, only solid to liquid change in the phase is used in APCMs. APCMS are used in an array of applications that demand thermal control or management. Some of the major applications of APCMs are building and construction, automotive, and packaging.
“HTF’s analysts forecast the global advanced phase change materials market to grow at a CAGR of 19.55% during the period 2017-2021”
HTF recognizes the following companies as the key players in the global advanced phase change materials market: BASF, Cryopak, ENTROPY SOLUTIONS, Honeywell International, and Outlast Technologies.
Other Prominent Vendors in the market are: Climator, Croda International, PCM Products, Phase Change Energy Solutions, PLUSS Advanced Technologies, RGEES, Rubitherm Technologies, Salca, and SGL Group.
Commenting on the report, an analyst from HTF’s team said: “One trend in the market is use of APCMs to model brain’s neurons. There has been an increase in the number of research activities associated with the use of APCM materials in novel applications. One such attempt relates to the use of APCMs to aid cognitive computing. APCMs are used by the scientists of IBM for the creation of artificial spiking neurons, and thereby opened new possibilities of structuring a neural network that could find application in artificial intelligence (AI).”
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According to the report, one driver in the market is increasing inclination toward energy conservation. The global APCMs market is driven by the adoption of energy efficient systems and products, especially in buildings to reduce the emissions of gases (greenhouse). The growing demand for energy conservation in buildings has led to the adoption of economical methods for improving the thermal comfort. For instance, the underfloor heating system has emerged as an economical and efficient method for home heating. APCMs are regarded as attractive solutions for thermal energy storage in the underfloor heating system. This is owing to their high energy storage density. The use of APCMs allows the heat pump (air source) to function efficiently in the warmer, ambient air conditions.
Further, the report states that one challenge in the market is cost-related issues hampering demand for APCMs. The global APCMs market depends highly on the cost of technology used in the production of APCMs. As APCMs are used in a broad spectrum of applications, APCMs are stored as per application, and is, therefore, subject to varying costs. One of the complications involved in the framing of a detailed cost estimate for APCM depends on the method of production or technology is used. Therefore, any generalized cost in this respect is of questionable value. The production of PCMs requires the use of good quality raw materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
PART 01: EXECUTIVE
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
• Five forces analysis
PART 08: MARKET SEGMENTATION BY APPLICATION
• Global APCMs market by application
• Comparison by application
• Global APCMs market by building and construction
• Global APCMs market by HVAC
• Global APCMs market by packaging and transportation
• Global APCMs market by textiles
• Global APCMs market by electronics
• Global APCMs market by others
• Market oppo
….Continued
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