KEY FINDINGS
The advanced phase change materials market of Asia Pacific is estimated to register a CAGR of 20.96% during the forecast period, 2020-2028. The commercial refrigeration segment is anticipated to grow at the highest CAGR over this period. In the Asia Pacific region, there is a huge market potential for the HVAC application with the growing number of households in India and China, leading to the rising demand for air-conditioners in the markets.
MARKET INSIGHTS
The Asia Pacific advanced phase change materials market is researched further by segmenting the region into countries like India, Vietnam, China, South Korea, Japan, Thailand, Australia & New Zealand, Indonesia, and the rest of Asia Pacific, including countries like Taiwan, Philippines, Singapore, and others. Indonesia's construction material industry has gone through tough times in the last few years. Indonesia's food industry, backed by the tourism and hospitality industries, is contributing majorly to the stable growth of the HVAC market. This growth is also supported by a growing awareness and focus on energy conservation by businesses. In Vietnam, the growth in transport and logistics and the booming construction industry is expected to lead to an increase in demand for PCMs.
In countries like Australia, electricity generation is increasing as a result of government policies, and development of photovoltaic, and concentrating solar thermal technologies through research and development programs. This includes the government program of $1.5 billion to support the construction and demonstration of up to four large-scale solar power plants in Australia using solar thermal and PV technologies to establish up to 1000 MW of solar power generation capacity. This will lead to a rise in the need for energy devices, thus enhancing phase change materials market growth.
COMPETITIVE INSIGHTS
Honeywell Electronic Materials, Outlast Technologies, Pluss Polymers, Sasol Limited, DuPont, incorporated, etc. are some of the well-known companies making their presence felt in the market.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Asia Pacific Advanced Phase Change Materials Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Growth In Building And Construction Sector
3.2.2. Increased Awareness For Reducing Greenhouse Gas Emissions
3.2.3. Developments In Micro And Macro-Encapsulation Technologies
3.2.4. Increase In R&D Bringing Innovative Products In The Market
3.3. Key Restraints
3.3.1. High Cost Of Production
3.3.2. Used Where There Are Extreme Temperature Swings Which Limits Market Penetration
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
4.6. Pcm Business Architecture Analysis
5. Market By Type
5.1. Paraffin
5.2. Salt Hydrates
5.3. Others
6. Market By Product Type
6.1. Organic
6.2. Inorganic
6.3. Bio-Based
7. Market By Encapsulation Technology
7.1. Macro
7.2. Micro
7.3. Molecular
8. Market By Application
8.1. Building And Construction
8.2. Commercial Refrigeration
8.3. Hvac (Heat Ventilation & Air Conditioning)
8.4. Energy Storage
8.5. Shipping And Transportation
8.6. Textiles
8.7. Others
9. Geographical Analysis
9.1. Asia Pacific
9.1.1. China
9.1.2. Japan
9.1.3. India
9.1.4. South Korea
9.1.5. Indonesia
9.1.6. Thailand
9.1.7. Vietnam
9.1.8. Australia & New Zealand
9.1.9. Rest Of Asia Pacific
10. Company Profiles
10.1. Ai Technology Inc.
10.2. Climator Sweden Ab
10.3. Croda International Plc
10.4. Dow
10.5. Dupont
10.6. Pure Temp
10.7. Henkel
10.8. Laird Technologies (Acquired By Advent International)
10.9. Sonoco Thermosafe
10.10. Microtek Laboratories Inc.
10.11. Outlast Technologies
10.12. Phase Change Energy Solutions
10.13. Pluss
10.14. Honeywell Electronic Materials
10.15. 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)
List of Figures
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)
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