Market By Material, Material Type, Encapsulation Technology, End-user And Geography | Forecast 2019-2028
As per a Triton Market Research report on the Asia-Pacific phase change materials market, the industry will expand at a CAGR of 19.51% in the forecasted period 2019-2028.
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The countries studied in the Asia-Pacific phase change materials market are:
•          South Korea
•          China
•          ASEAN countries
•          Japan
•          India
•          Australia & New Zealand
•          Rest of APAC countries
Japan is considered to be the hub for technological advancements and research & development in different fields. Phase change materials are used in construction, packaging and electronics, among other industries. The construction sector in Japan continues to show growth and is expected to grow even further due to the increasing demand in residential construction projects. Hence, the application of phase change materials is likely to increase in the country over the upcoming years. Packaging and transportation are other industries where PCMs are majorly used. Besides, their usage in the textile industry is also increasing. Hence, the PCM market in Japan has immense growth potential in the forecast period.
Despite the unfavorable economic issues in India, the increasing public investment has contributed to the growth ofthe country’s economy. The application of phase change materials is increasing every year in several industries, like construction and electronics. With the rising urbanization projects, like the development of roads & railways and urban infrastructures, the construction sector in India is witnessing growth at a high rate. Rapid urbanization and the alarming rise in the population are also helping the growth of the phase change materials market during the forecast period.
Established in 1985, AI Technology Inc is a company involved in the manufacturing of electrically insulating, compressible phase-change thermal interface materials. The company offers electronic adhesives, semiconductors, flex circuit substrates and wafer processing tapes & materials. SOLAR-IMB is claimed to be the first thermally conductive insulated metal back sheet offering electrical protection. The company has its market presence in different regions, including the Asia-Pacific.
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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
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)
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)