Organic Phase Change Materials (PCM) Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 4.6 Billion by 2033 at a CAGR of 16.8% from 2026 to 2033.
The global Organic Phase Change Materials (PCM) market size was valued at USD 1.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. The demand for organic PCMs is driven by their applications in building materials, energy storage, textiles, and electronics, which require efficient thermal management solutions. These materials help in reducing energy consumption and maintaining temperature stability in various industries, particularly in the renewable energy sector. The increasing focus on energy efficient solutions and the growing adoption of sustainable materials are anticipated to drive the market growth during the forecast period.
In terms of regional analysis, North America held the largest market share in 2022, contributing over 35% to the total market value, owing to the strong demand from the construction and automotive sectors. Europe is expected to witness significant growth due to stringent environmental regulations promoting the use of eco friendly materials. The Asia Pacific region is anticipated to grow at the highest CAGR, driven by increasing industrialization, urbanization, and rising awareness regarding energy efficiency, particularly in countries like China and India. The market in Latin America and the Middle East & Africa is also poised to expand due to growing investments in sustainable construction and energy storage solutions.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=648984&utm_source=Google site_G_April&utm_medium=235
Henkel AG & Company
Honeywell
Sasol Germany GmbH
Microtek Laboratories Inc DuPont and Dow
Parker
Laird PLC
Phase Change Energy Solutions
Cryopak
SGL Carbon
Rubitherm Technologies GmbH
Cold Chain Technologies
Inc PLUSS Advanced Technologies
Outlast Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=648984&utm_source=Google site_G_April&utm_medium=235
Growing demand for below applications around the world has had a direct impact on the growth of the Global Organic Phase Change Materials (PCM) Market
Fat-based PCMs
Paraffin-based PCMs
Hydrated salt-based PCMs
Eutectic PCMs
Building and Construction
Packaging
Textiles
Electronics
Cold Chain and Refrigeration
Microencapsulated PCMs
Bulk PCMs
Composite PCMs
Construction Industry
Food and Beverage Industry
Healthcare
Consumer Electronics
Textile Industry
Passive Thermal Energy Storage
Active Thermal Energy Storage
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/organic-phase-change-materials-pcm-market/
1. Introduction of the Global Organic Phase Change Materials (PCM) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Organic Phase Change Materials (PCM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Organic Phase Change Materials (PCM) Market, By Type
6. Global Organic Phase Change Materials (PCM) Market, By Application
7. Global Organic Phase Change Materials (PCM) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Organic Phase Change Materials (PCM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/