The Asia Pacific advanced phase change materials market is evaluated to grow and set a record CAGR of 20.96% during the estimated period, 2020-2028. Japan is spearheading the R&D of PCM in the region. However, other countries like China and India have begun to use PCMs in packaging, shipping applications, and transportation. China generates the most important profits relating to PCM, which is expected to increase over the forecast period driving market growth in the region. In order to analyze the Asia Pacific advanced phase change materials market, the region is divided into countries such as India, Japan, Indonesia, China, South Korea, Thailand, Vietnam, Australia & New Zealand, and the rest of Asia Pacific.
ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET FORECAST 2020-2028
The Asia Pacific advanced phase change materials market is evaluated to grow and set a record CAGR of 20.96% during the estimated period, 2020-2028. Japan is spearheading the R&D of PCM in the region. However, other countries like China and India have begun to use PCMs in packaging, shipping applications, and transportation. China generates the most important profits relating to PCM, which is expected to increase over the forecast period driving market growth in the region.
In order to analyze the Asia Pacific advanced phase change materials market, the region is divided into countries such as India, Japan, Indonesia, China, South Korea, Thailand, Vietnam, Australia & New Zealand, and the rest of Asia Pacific. In China, the growing electronics and textile industries are predicted to boost the PCM market. PCM is used in construction, packaging, electronics, and other industries in China. The major consumption is in the construction end-use industry, which is the main contributor to China’s GDP. The Japanese market is growing moderately. PCM is used in construction, packaging, electronics, transportation, among others, and the usage is growing and expected to benefit the market. In India, the consumption of PCM is increasing every year in construction and electronics, among other industries. The growth of the construction sector at a high rate will propel the market in India. South Korean economy is growing at a moderate rate due to the economic slowdown. However, government investment of $10.8 billion in the construction sector will drive the South Korean market during the forecast period.
Pluss Polymers, headquartered in Gurgaon, Haryana, has its representatives in Russia, the USA, South Africa, Ukraine, Turkey, and Southeast Asia. The major products are the savE range of PCMs and Minus 7 PCMs.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET DEFINITION
- KEY DRIVERS
- GROWTH IN BUILDING AND CONSTRUCTION SECTOR
- INCREASED AWARENESS FOR REDUCING GREENHOUSE GAS EMISSIONS
- DEVELOPMENTS IN MICRO AND MACRO-ENCAPSULATION TECHNOLOGIES
- INCREASE IN R&D BRINGING INNOVATIVE PRODUCTS IN THE MARKET
- KEY RESTRAINTS
- HIGH COST OF PRODUCTION
- USED WHERE THERE ARE EXTREME TEMPERATURE SWINGS WHICH LIMITS MARKET PENETRATION
- KEY ANALYTICS
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- PCM BUSINESS ARCHITECTURE ANALYSIS
- MARKET BY TYPE
- PARAFFIN
- SALT HYDRATES
- OTHERS
- MARKET BY PRODUCT TYPE
- ORGANIC
- INORGANIC
- BIO-BASED
- MARKET BY ENCAPSULATION TECHNOLOGY
- MACRO
- MICRO
- MOLECULAR
- MARKET BY APPLICATION
- BUILDING AND CONSTRUCTION
- COMMERCIAL REFRIGERATION
- HVAC (HEAT VENTILATION & AIR CONDITIONING)
- ENERGY STORAGE
- SHIPPING AND TRANSPORTATION
- TEXTILES
- OTHERS
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPANY PROFILES
- AI TECHNOLOGY INC.
- CLIMATOR SWEDEN AB
- CRODA INTERNATIONAL PLC
- DOW
- DUPONT
- PURE TEMP
- HENKEL
- LAIRD TECHNOLOGIES (ACQUIRED BY ADVENT INTERNATIONAL)
- SONOCO THERMOSAFE
- MICROTEK LABORATORIES INC.
- OUTLAST TECHNOLOGIES
- PHASE CHANGE ENERGY SOLUTIONS
- PLUSS
- HONEYWELL ELECTRONIC MATERIALS
- SASOL LTD
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ADVANCED PHASE CHANGE MATERIALS
TABLE 2: BUSINESS ARCHITECTURE OF THE ADVANCED PHASE CHANGE MATERIALS MARKET
TABLE 3: PROPERTIES OF ADVANCED PHASE CHANGE MATERIALS
TABLE 4: PARAFFIN TEMPERATURES
TABLE 5: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 6: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 7: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 8: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 9: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY ENCAPSULATION TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 10: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY ENCAPSULATION TECHNOLOGY, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 11: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 12: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 13: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 14: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)
FIGURES LIST
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2019
FIGURE 7: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, PARAFFIN, 2020-2028 (IN $ MILLION)
FIGURE 8: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, SALT HYDRATES, 2020-2028 (IN $ MILLION)
FIGURE 9: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, OTHERS, 2020-2028 (IN $ MILLION)
FIGURE 10: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2019
FIGURE 11: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, ORGANIC, 2020-2028 (IN $ MILLION)
FIGURE 12: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, INORGANIC, 2020-2028 (IN $ MILLION)
FIGURE 13: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BIO-BASED, 2020-2028 (IN $ MILLION)
FIGURE 14: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY ENCAPSULATION TECHNOLOGY, IN 2019
FIGURE 15: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, MACRO, 2020-2028 (IN $ MILLION)
FIGURE 16: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, MICRO, 2020-2028 (IN $ MILLION)
FIGURE 17: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, MOLECULAR, 2020-2028 (IN $ MILLION)
FIGURE 18: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
FIGURE 19: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, BUILDING AND CONSTRUCTION, 2020-2028 (IN $ MILLION)
FIGURE 20: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, COMMERCIAL REFRIGERATION, 2020-2028 (IN $ MILLION)
FIGURE 21: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, HVAC, 2020-2028 (IN $ MILLION)
FIGURE 22: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, ENERGY STORAGE, 2020-2028 (IN $ MILLION)
FIGURE 23: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, SHIPPING AND TRANSPORTATION, 2020-2028 (IN $ MILLION)
FIGURE 24: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, TEXTILES, 2020-2028 (IN $ MILLION)
FIGURE 25: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, OTHERS, 2020-2028 (IN $ MILLION)
FIGURE 26: ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 27: CHINA ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 28: JAPAN ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 29: INDIA ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 30: SOUTH KOREA ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 31: INDONESIA ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 32: THAILAND ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 33: VIETNAM ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 34: AUSTRALIA & NEW ZEALAND ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
FIGURE 35: REST OF ASIA PACIFIC ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY TYPE
- PARAFFIN
- SALT HYDRATES
- OTHERS
- MARKET BY PRODUCT TYPE
- ORGANIC
- INORGANIC
- BIO-BASED
- MARKET BY ENCAPSULATION TECHNOLOGY
- MACRO
- MICRO
- MOLECULAR
- MARKET BY APPLICATION
- BUILDING AND CONSTRUCTION
- COMMERCIAL REFRIGERATION
- HVAC (HEAT VENTILATION & AIR CONDITIONING)
- ENERGY STORAGE
- SHIPPING AND TRANSPORTATION
- TEXTILES
- OTHERS
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