NORTH AMERICA PHASE CHANGE MATERIALS MARKET 2019-2028

Chemicals & Materials | Polymers And Resins

NORTH 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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According to an analysis by Triton Market Research, the phase change materials market in North America is likely to augment at a CAGR of 17.94% over the forthcoming period between 2019 and 2028.



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The countries evaluated in the North American phase change materials market are:

           Canada

           The United States

In North America, the building sector is a key area of interest for the development of phase change materials. The US Department of Energy launched the, ‘Building America Initiative,’ aiming at minimizing the energy consumption of the country by 100% in the year 2030. This initiative includes several plans to conserve energy lost in residential & commercial buildings due the use of air conditioners and coolers. Currently, the building sector consumes approximately 40% of the total energy. Through this initiative, the US is likely to take a major leap in the area of energy efficiency. These factors are likely to raise the applications of phase change materials, thereby helping the market growth in the United States.

PCMs are also used majorly in the shipping & transportation sector. The US is a leading exporter of pharmaceuticals and meat. Specific temperatures have to be maintained for effective operation during the transportation of pharmaceutical drugs. Using phase change materials can help in maintaining the desired temperature with energy efficiency. Likewise, meat is a perishable item and needs extreme cold storage for quality purpose. PCMs help  maintain the required cold temperatures without excess energy consumption. Thus, North America holds high potential for the growth of the phase materials market in the forthcoming years.

Established in 1898, Laird is a company providing different products and services under three independent companies, namely Laird Performance Materials, Laird Connectivity and Laird Thermal Systems. Out of these, Laird Performance Materials provides products required for use in the phase change materials market. The company offers paraffin-based PCMs, and its major PCM product series includes Tmate 2900, Tpcm™ 900, Tpcm HP105, Tpcm™  580, Tpcm™  FSF-52, and Tpcm™  AL-52.

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Table of Content

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

3.1. PARAFFIN

3.2. SALT HYDRATES

3.3. OTHERS

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

4.1. ORGANIC

4.2. INORGANIC

4.3. BIO-BASED

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

5.1. MACRO

5.2. MICRO

5.3. MOLECULAR

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

7.1. UNITED STATES

7.2. CANADA

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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