Published on : Nov 21, 2018
Albany, New York, November 21, 2018: Repercussions of climate change and greenhouse gas emissions along with the soaring fueling prices have pushed the demand for phase change materials. Phase change materials, also known as latent thermal storage, is discrete from insulation materials as the former tend to alter the phase when reaching their melting point. At the time when there is call and clamor for energy savings and efficiency, the innate nature of PCMs to change phase at the given temperatures will serve right. These insights are according to the report titled “Phase Change Materials: Technologies and European Markets,” which has been recently added to the repository of Market Research Hub.
Industries such as transportation and shipping, textiles and packaging and commercial refrigeration depend on PCMs for efficient heating and cooling. Moreover, PCMs which are bio-based are in high demand. Nevertheless, awareness regarding efficacy of PCM products and the cost efficiency associated with it is still unsatisfactory.
Far too few leaders have acted on the climate change: In the press release published in the United Nations website in September 2018, secretary general, Ant?nio Guterres rightly stated that the U.S. economy have been hit hard by the burning fossil fuel over the past decade costing a minimum of $240 billion a year. Meanwhile, the effort to save energy as fossil fuel has increased the demand of PCM products. Besides, the biggest market for the PCM product is construction activity in Europe. PCM products have a comparative edge over traditional materials such as plastic, water and wood which has witnessed the growth of PCM products in the textile and packaging. However, PCM products have the detrimental attribution attached to it.
Phase Change Materials: Technologies and European Markets: Report Content
The report delineates a coherent analysis on the Phase change materials. Besides, the report delves into the economic and technical aspects of the PCM products. The report embodies an exhaustive assessment of the European PCM market along with market estimates and trends through 2023. Furthermore, the report gives an overview on the market drivers, opportunities, and challenges.
The report also peruses into corporate developments among prominent players and gives a thorough view on the product portfolios. Companies chosen for profiles are global and regional. Besides, assessment of patents over the past two to three years in Europe have also been included. The prominent players in the market are Henkel, Phase change material products ltd., Shin-Etsu chemicals co. ltd, CSafe Global, to name a few.
The report starts with the executive summary which shows market size in terms of revenue, market value and production. Besides, a comprehensive analysis of the competitive landscape highlights profiles of prominent players in the global market space. The report also examines the strategic moves, areas of interest, and developments undertaken by major players in the market.
Phase Change Materials: Technologies and European Markets: Research Methodology
A comprehensive and thorough research methodology has been embraced with regards to providing a research approach incorporating of secondary and primary research. The analysis in the report is accredited to the in-depth secondary research, primary interviews and in-house reviews by panel of experts.
The secondary research includes company websites, SEC filings and presentations by investors, industry white paper and statistical database. On the other hand, the primary research embodies face to face interviews, phonic interviews and e-mail interaction. To provide an authentic report, expert panel peruses the data collected from various sourcfes.
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