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Global Advanced Phase Change Material Market Research Report (2020 to 2026) - by Application and Region - ResearchAndMarkets.com

·4-min read

DUBLIN, July 27, 2021--(BUSINESS WIRE)--The "Advanced Phase Change Material Market Research Report by Application, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Advanced Phase Change Material Market size was estimated at USD 1,192.80 Million in 2020 and expected to reach USD 1,365.57 Million in 2021, at a Compound Annual Growth Rate (CAGR) 14.82% to reach USD 2,733.58 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Advanced Phase Change Material Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Advanced Phase Change Material Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Advanced Phase Change Material Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Advanced Phase Change Material Market?

4. What is the competitive strategic window for opportunities in the Global Advanced Phase Change Material Market?

5. What are the technology trends and regulatory frameworks in the Global Advanced Phase Change Material Market?

6. What is the market share of the leading vendors in the Global Advanced Phase Change Material Market?

7. What modes and strategic moves are considered suitable for entering the Global Advanced Phase Change Material Market?

Market Dynamics

Drivers

  • Stringent regulations for the reduction of VOCs

  • Advanced material properties including long operating life, wide range of melting temperatures, and heat storage capacity

  • Demand for phase change materials in lightweight construction

  • Increasing in the textile industry on account of temperature balancing properties

Restraints

  • Corrosion and flammability issues

Opportunities

  • Increasing requirements for cold chain logistics

  • R&D investments for enhanced advanced PCM efficiency

Challenges

  • Limitation in material such as geopolitical consequences in Petroleum-based paraffin that release excess carbon

Companies Mentioned

  • Advansa B.V.

  • Ai Technology, Inc.

  • BASF SE

  • Beyond Industries (China) Limited

  • CIAT Group

  • Climator Sweden Ab

  • Cold Chain Technologies, Inc

  • Coolcomposites, Inc.

  • Croda International Plc.

  • Cryopak Industries Inc.

  • Dow Corning Corporation

  • E. I. Du Pont De Nemours And Company

  • Entropy Solutions

  • Henkel AG & Company, KGAA

  • Honeywell Electronic Materials, Inc.

  • Insolcorp, Inc.

  • Kaplan Energy Sas

  • Laird Plc

  • Microtek Laboratories Inc

  • Outlast Technologies LLC

  • Parker Hannifin Corp.

  • Phase Change Energy Solutions

  • Pluss Advanced Technologies Pvt. Ltd.

  • Puretemp Llc

  • SALCA Bv

  • Sasol Limited

  • Sonoco Products Company

  • Ubitherm Technologies Gmbh

For more information about this report visit https://www.researchandmarkets.com/r/bang97

View source version on businesswire.com: https://www.businesswire.com/news/home/20210727005531/en/

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