Asia-Pacific Phase Change Materials Market 2019-2028

MARKET OUTLOOK

According to an analysis by the publisher, the phase change materials market in Asia-Pacific is likely to flourish at a CAGR of 19.51% in the projected period 2019-2028.
ASEAN countries, Australia & New Zealand, China, South Korea, India, Japan, and Rest of APAC form the Asia-Pacific’s phase change materials market.

Japan is one of the leading countries of the Asia-Pacific region in the research & development activities of phase change materials. Other countries like China and India have also begun using PCMs in different sectors like packaging, transportation and shipping applications. The rising number of urban households in these countries is leading to an increasing demand for air conditioners, thereby creating opportunities for the PCMs in the HVAC application. The growing electronics and textile industries in China are anticipated to drive the demand for the PCM market in the country over the forthcoming years.

In China, phase change materials are used in different application sectors, including electronics, construction, packaging, among other industries. The Chinese government has implemented several initiatives focusing on green development and rapid urbanization in the country. Advanced phase change materials materials are used in the development of green buildings owing to their unique properties. Hence, the PCM market holds immense potential for growth in China in the projected period.

COMPETITIVE OUTLOOK

The major players in the phase change materials market are DuPont, Laird, Henkel AG & Co KGaA, Microtek Laboratories Inc, AI Technology Inc, Sonoco ThermoSafe, Outlast Technologies LLC and PureTemp LLC.

1. Asia-Pacific Phase Change Materials Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Development of Phase Change Thermal Interface Material
2.2.2. Rising Awareness Regarding Bio-Based Phase Change Materials
2.2.3. Use of Phase Change Materials for Insulation Without Increasing Weight of the Building
2.2.4. Cold Storage System Opportunities for the Phase Change Materials
2.3. Porter's Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Raw Material Analysis
2.8. Market Drivers
2.8.1. Growing Demand from Construction Sector
2.8.2. Increased Awareness Regarding Greenhouse Gas Emissions
2.8.3. Trends Shifting Towards Sustainable Development
2.9. Market Restraints
2.9.1. Lack of Awareness Among Consumers
2.9.2. Concerns Regarding Safety for Phase Change Materials
2.10. Market Opportunities
2.10.1. Increased Applications in Textile Industry
2.10.2. Developments in Micro and Macro-Encapsulation Technologies
2.10.3. Increase in R&D Bringing Innovative Products in the Market
2.11. Market Challenges
2.11.1. Cost of Material and Manufacturing Process is High

3. Asia-Pacific Phase Change Materials Market Outlook - by Material

3.1. Paraffin
3.2. Salt Hydrates
3.3. Others

4. Asia-Pacific Phase Change Materials Market Outlook - by Material Type

4.1. Organic
4.2. Inorganic
4.3. Bio-Based

5. Asia-Pacific Phase Change Materials Market Outlook - by Encapsulation Technology

5.1. Macro
5.2. Micro
5.3. Molecular

6. Asia-Pacific Phase Change Materials Market Outlook - by End-User

6.1. Building & Construction
6.2. Commercial Refrigeration
6.3. Hvac
6.4. Energy Storage
6.5. Shipping & Transportation
6.6. Textiles
6.7. Others

7. Asia-Pacific Phase Change Materials Market - Regional Outlook

7.1. China
7.2. Japan
7.3. India
7.4. South Korea
7.5. Asean Countries
7.6. Australia & New Zealand
7.7. Rest of Asia-Pacific

8. Competitive Landscape

8.1. AI Technology Inc
8.2. Climator Sweden Ab
8.3. Croda International plc
8.4. Dow
8.5. Dupont
8.6. Pure Temp LLC
8.7. Henkel AG & Co Kgaa
8.8. Laird
8.9. Sonoco Thermosafe
8.10. Microtek Laboratories Inc
8.11. Outlast Technologies LLC
8.12. Phase Change
8.13. Pluss
8.14. Honeywell International Inc
8.15. Sasol

9. Methodology & Scope

9.1. Research Scope
9.2. Sources of Data
9.3. Research Methodology

List of Tables

Table 1: Asia-Pacific Phase Change Materials Market, by Country, 2019-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: Advantages & Disadvantages of Paraffins & Salt Hydrates
Table 5: Asia-Pacific Phase Change Materials Market, by Material, 2019-2028 (In $ Million)
Table 6: Asia-Pacific Phase Change Materials Market, by Material Type, 2019-2028 (In $ Million)
Table 7: Asia-Pacific Phase Change Materials Market, by Encapsulation Technology, 2019-2028 (In $ Million)
Table 8: Asia-Pacific Phase Change Materials Market, by End-User, 2019-2028 (In $ Million)
Table 9: Asia-Pacific Phase Change Materials Market, by Country, 2019-2028 (In $ Million)

List of Figures

Figure 1: Porter's Five Force Analysis
Figure 2: Industry Components
Figure 3: Asia-Pacific Phase Change Materials Market, by Paraffin, 2019-2028 (In $ Million)
Figure 4: Asia-Pacific Phase Change Materials Market, by Salt Hydrates, 2019-2028 (In $ Million)
Figure 5: Asia-Pacific Phase Change Materials Market, by Others, 2019-2028 (In $ Million)
Figure 6: Asia-Pacific Phase Change Materials Market, by Organic, 2019-2028 (In $ Million)
Figure 7: Asia-Pacific Phase Change Materials Market, by Inorganic, 2019-2028 (In $ Million)
Figure 8: Asia-Pacific Phase Change Materials Market, by Bio-Based, 2019-2028 (In $ Million)
Figure 9: Asia-Pacific Phase Change Materials Market, by Macro, 2019-2028 (In $ Million)
Figure 10: Asia-Pacific Phase Change Materials Market, by Micro, 2019-2028 (In $ Million)
Figure 11: Asia-Pacific Phase Change Materials Market, by Molecular, 2019-2028 (In $ Million)
Figure 12: Asia-Pacific Phase Change Materials Market, by Building & Construction, 2019-2028 (In $ Million)
Figure 13: Asia-Pacific Phase Change Materials Market, by Commercial Refrigeration, 2019-2028 (In $ Million)
Figure 14: Asia-Pacific Phase Change Materials Market, by Hvac, 2019-2028 (In $ Million)
Figure 15: Asia-Pacific Phase Change Materials Market, by Energy Storage, 2019-2028 (In $ Million)
Figure 16: Asia-Pacific Phase Change Materials Market, by Shipping & Transportation, 2019-2028 (In $ Million)
Figure 17: Asia-Pacific Phase Change Materials Market, by Textiles, 2019-2028 (In $ Million)
Figure 18: Asia-Pacific Phase Change Materials Market, by Others, 2019-2028 (In $ Million)
Figure 19: Asia-Pacific Phase Change Materials Market, Regional Outlook, 2019 & 2028 (In %)
Figure 20: China Phase Change Materials Market, 2019-2028 (In $ Million)
Figure 21: Japan Phase Change Materials Market, 2019-2028 (In $ Million)
Figure 22: India Phase Change Materials Market, 2019-2028 (In $ Million)
Figure 23: South Korea Phase Change Materials Market, 2019-2028 (In $ Million)
Figure 24: Asean Countries Phase Change Materials Market, 2019-2028 (In $ Million)
Figure 25: Australia & New Zealand Phase Change Materials Market, 2019-2028 (In $ Million)
Figure 26: Rest of Asia-Pacific Phase Change Materials Market, 2019-2028 (In $ Million)