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Advanced Phase Change Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018 Single User License: US $ 4595 Multi User License: US $ 7595 Corporate User License: US $ 10595 REPORT DESCRIPTION
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Published Date: Aug 2013
98 Pages Report
Advanced Phase Change Materials (APCMs) Market is Expected to Reach USD 1,176.4 million in 2018: Transparency Market Research Transparency Market Research published new market report "Advanced Phase Change Materials (Paraffin, Salt Hydrates, Others) Market for Commercial Refrigeration, HVAC, Energy, Shipping, Building, Construction and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012- 2018," the global advanced phase change materials market was valued at USD 350.0 million in 2011 and is expected to be USD 1,176.4 million in 2018, growing at a CAGR of 19.5% from 2012 to 2018. Technological advancements and developments of APCMs have provided an alternative to reduce energy consumption. APCMs have a wide range of applications in industries such as building and construction, energy storage, HVAC and others. The growth of construction segment in China, India and Brazil, coupled with increase need for energy conservation is expected to drive APCM demand over the next five years. In addition, APCMs provide the
highest heat storage capacity as compared to any other conventional materials such as wood, water or plastic resulting in increased use in segments such as textile and temperature controlled packaging. However, the hazardous nature of chemicals used as phase change materials is expected to restrain the growth of the market. Lack of government initiative and support towards the development and implementation of PCM is a major challenge faced by the APCMs...