NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET FORECAST 2020-2028

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NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET FORECAST 2020-2028

The North America advanced phase change materials market is growing considerably and is anticipated to reach a CAGR of 19.36% during the forecast period, 2020-2028. North America is the world’s second-largest market for PCMS. One of the significant factors driving the market growth is the growing demand for PCM in the construction industry in the region. In order to analyze the potential of the advanced phase change materials market in the North American region, the region is divided into the countries of the USA and Canada. In the US, PCM is used in building and construction, textile industry, electronics, and packaging, among others.

NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET FORECAST 2020-2028

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The North America advanced phase change materials market is growing considerably and is anticipated to reach a CAGR of 19.36% during the forecast period, 2020-2028. North America is the world’s second-largest market for PCMS. One of the significant factors driving the market growth is the growing demand for PCM in the construction industry in the region.

North America Advanced Phase Change Materials Market

In order to analyze the potential of the advanced phase change materials market in the North American region, the region is divided into the countries of the USA and Canada. In the US, PCM is used in building and construction, textile industry, electronics, and packaging, among others. The building and construction industry had the largest market share in 2019. The housing sector is expected to expand and grow during the projected period, which will, in turn, increase demand for PCM. PCM is also used in the electronics industry. There are many patents being filed in the country. Consumption is increasing in the textile industry of the country. The US is forming patents for new PCM technologies to be used in the textile industry. Furthermore, PCM is also used in the packaging of medical and food items. In November 2016, Cold Chain Technologies launched the first solid phase change material to deliver protection, efficiency, and suitable temperature control. In February 2017, a phase change material heat exchanger was developed by NASA for their spacecraft’s radiator which is assumed to magnify energy storage for their upcoming projects

AI Technology Inc. is located in Princeton Junction, N.J., where it shares its headquarters with its sister concern, Avante International Technology Inc. It is one of the first companies to use flexible epoxy technology for microelectronic packaging.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. 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
  1. 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
  2. MARKET BY TYPE
    • PARAFFIN
    • SALT HYDRATES
    • OTHERS
  3. MARKET BY PRODUCT TYPE
    • ORGANIC
    • INORGANIC
    • BIO-BASED
  4. MARKET BY ENCAPSULATION TECHNOLOGY
    • MACRO
    • MICRO
    • MOLECULAR
  5. MARKET BY APPLICATION
    • BUILDING AND CONSTRUCTION
    • COMMERCIAL REFRIGERATION
    • HVAC (HEAT VENTILATION & AIR CONDITIONING)
    • ENERGY STORAGE
    • SHIPPING AND TRANSPORTATION
    • TEXTILES
    • OTHERS
  6. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. 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: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 8: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY ENCAPSULATION TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 10: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY ENCAPSULATION TECHNOLOGY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 11: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 12: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 14: NORTH AMERICA 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: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL BY TYPE, IN 2019

FIGURE 7: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, PARAFFIN, 2020-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, SALT HYDRATES, 2020-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2019

FIGURE 11: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, ORGANIC, 2020-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, INORGANIC, 2020-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BIO-BASED, 2020-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY ENCAPSULATION TECHNOLOGY, IN 2019

FIGURE 15: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, MACRO, 2020-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, MICRO, 2020-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, MOLECULAR, 2020-2028 (IN $ MILLION)

FIGURE 18: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 19: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, BUILDING AND CONSTRUCTION, 2020-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, COMMERCIAL REFRIGERATION, 2020-2028 (IN $ MILLION)

FIGURE 21: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, HVAC, 2020-2028 (IN $ MILLION)

FIGURE 22: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, ENERGY STORAGE, 2020-2028 (IN $ MILLION)

FIGURE 23: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, SHIPPING AND TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 24: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, TEXTILES, 2020-2028 (IN $ MILLION)

FIGURE 25: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 26: NORTH AMERICA ADVANCED PHASE CHANGE MATERIALS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 27: UNITED STATES ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)

FIGURE 28: CANADA ADVANCED PHASE CHANGE MATERIALS MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY TYPE
    • PARAFFIN
    • SALT HYDRATES
    • OTHERS
  2. MARKET BY PRODUCT TYPE
    • ORGANIC
    • INORGANIC
    • BIO-BASED
  3. MARKET BY ENCAPSULATION TECHNOLOGY
    • MACRO
    • MICRO
    • MOLECULAR
  4. MARKET BY APPLICATION
    • BUILDING AND CONSTRUCTION
    • COMMERCIAL REFRIGERATION
    • HVAC (HEAT VENTILATION & AIR CONDITIONING)
    • ENERGY STORAGE
    • SHIPPING AND TRANSPORTATION
    • TEXTILES
    • OTHERS

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