Phase Change Materials Market 2023 – Key Players, Growth Opportunities, Industry Growth | Honeywell Electronic Materials Inc., Microtek Laboratories, Croda International, Sasol, Henkel

The Business Research Company’s Phase Change Materials Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Phase Change Materials Global Market Report 2023 evaluates phase change materials market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global phase change materials market size grew from $1.29 billion in 2022 to $1.57 billion in 2023 at a compound annual growth rate (CAGR) of 21.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The phase change materials market size is expected to grow to $2.92 billion in 2027 at a CAGR of 16.8%.

The phase change materials market segments in the report are:

1) Phase Change Materials Market By Type:
Organic
Inorganic
Bio-based

2) Phase Change Materials Market By Encapsulation Technology:
Macro
Micro
Molecular

3) Phase Change Materials Market By Product:
Paraffin
Non-Paraffin
Salt Hydrates
Eutectics

4) Phase Change Materials Market By End-User:
Building and Construction
Packaging
Textiles
Electronics
Transportation
Other End-Users

Top Major Players:

Honeywell Electronic Materials Inc.
Microtek Laboratories
Croda International
Sasol
Henkel

Europe was the largest region in the phase change materials market in 2022.

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The table of contents in TBRC’s phase change materials market report includes:

Executive Summary
Phase Change Materials Market Characteristics
Phase Change Materials Market Trends And Strategies
Phase Change Materials Market – Macro Economic Scenario
Phase Change Materials Market Size And Growth

……

Africa Phase Change Materials Market
Phase Change Materials Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Phase Change Materials Market
Phase Change Materials Market Future Outlook and Potential Analysis
Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Phase Change Materials Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

………

Table 47: Honeywell Electronic Materials Inc Financial Performance

Table 48: Microtek Laboratories Financial Performance

Table 49: Croda International Financial Performance

Table 50: Sasol Financial Performance

Table 51: Henkel Financial Performance

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