LATIN AMERICA PHASE CHANGE MATERIALS MARKET 2019-2028

Chemicals & Materials | Polymers And Resins

LATIN AMERICA PHASE CHANGE MATERIALS MARKET 2019-2028

Market by Material, Material Type, Encapsulation Technology, End-user and Geography | Forecast 2019-2028

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Triton Market Research’s report on the Latin American phase change materials market illustrates that the industry is anticipated to proliferate at a CAGR of 17.70% in terms of revenue, during the forecasted period 2019-2028.



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The countries reviewed in the Latin American phase change materials market are:

           Mexico

           Brazil

           Rest of Latin America

The economic growth of Latin America is anticipated to experience a boost in the forthcoming years. Due to the low public awareness regarding the benefits of phase change materials, Brazil has a very low demand for PCMs. However, the booming construction industry and the ever-increasing need for energy-efficient buildings in the country are likely to create demand for phase change materials during the projected period.

PCMs are used in the construction of green buildings that may contribute to raising the energy efficiency of buildings. Besides, there is tremendous growth in the electronics industry in Brazil, which is another end-user application segment of phase change materials. Favorable governmental policies in the country are offering business opportunities for manufacturers to set up new facilities in the country. With the new manufacturing facilities set up, the Brazilian PCM market is likely to witness considerable growth in this forecast period.

In Mexico,  public works projects have declined by around 12% between April 2016 and May 2017. The main reason for this reduction isthe recent budget cuts in the country. However, with lower interest rates on loans and the rising subsidies & funding, the construction sector is likely to witness a rebound. Thus, the phase change materials market in Mexico is likely to beimpacted in this forecast period.

Established in 1925, Croda International PLC is a global company that manufactures special chemicals and products. The company employees more than 3500 employees across 18 manufacturing sites and offices in 30 different countries. It manufactures chemicals, printing inks, paints, dyestuffs and adhesives. CrodaTherm is a bio-based phase change material provided by the company, which is available at a range of temperatures.

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Table of Content

1. LATIN AMERICA 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. LATIN AMERICA PHASE CHANGE MATERIALS MARKET OUTLOOK – BY MATERIAL

3.1. PARAFFIN

3.2. SALT HYDRATES

3.3. OTHERS

4. LATIN AMERICA PHASE CHANGE MATERIALS MARKET OUTLOOK - BY MATERIAL TYPE

4.1. ORGANIC

4.2. INORGANIC

4.3. BIO-BASED

5. LATIN AMERICA PHASE CHANGE MATERIALS MARKET OUTLOOK - BY ENCAPSULATION TECHNOLOGY

5.1. MACRO

5.2. MICRO

5.3. MOLECULAR

6. LATIN AMERICA 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. LATIN AMERICA PHASE CHANGE MATERIALS MARKET – REGIONAL OUTLOOK

7.1. BRAZIL

7.2. MEXICO

7.3. REST OF LATIN AMERICA

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 table

TABLE 1: LATIN AMERICA 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: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY MATERIAL, 2019-2028 (IN $ MILLION)

TABLE 6: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY MATERIAL TYPE, 2019-2028 (IN $ MILLION)

TABLE 7: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY ENCAPSULATION TECHNOLOGY, 2019-2028 (IN $ MILLION)

TABLE 8: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY END-USER, 2019-2028 (IN $ MILLION)

TABLE 9: LATIN AMERICA 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: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY PARAFFIN, 2019-2028 (IN $ MILLION)

FIGURE 4: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY SALT HYDRATES, 2019-2028 (IN $ MILLION)

FIGURE 5: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY ORGANIC, 2019-2028 (IN $ MILLION)

FIGURE 7: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY INORGANIC, 2019-2028 (IN $ MILLION)

FIGURE 8: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY BIO-BASED, 2019-2028 (IN $ MILLION)

FIGURE 9: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY MACRO, 2019-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY MICRO, 2019-2028 (IN $ MILLION)

FIGURE 11: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY MOLECULAR, 2019-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY BUILDING & CONSTRUCTION, 2019-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY COMMERCIAL REFRIGERATION, 2019-2028 (IN $ MILLION)

FIGURE 14: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY HVAC, 2019-2028 (IN $ MILLION)

FIGURE 15: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY ENERGY STORAGE, 2019-2028 (IN $ MILLION)

FIGURE 16: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY SHIPPING & TRANSPORTATION, 2019-2028 (IN $ MILLION)

FIGURE 17: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY TEXTILES, 2019-2028 (IN $ MILLION)

FIGURE 18: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)

FIGURE 19: LATIN AMERICA PHASE CHANGE MATERIALS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 20: BRAZIL PHASE CHANGE MATERIALS MARKET, 2019-2028 (IN $ MILLION)

FIGURE 21: MEXICO PHASE CHANGE MATERIALS MARKET, 2019-2028 (IN $ MILLION)

FIGURE 22: REST OF LATIN AMERICA PHASE CHANGE MATERIALS MARKET, 2019-2028 (IN $ MILLION)

    

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