ADVANCED PHASE CHANGE MATERIAL (PCM) MARKET TRENDS & FORECAST

摘要

According to a new report by Research and Markets, the global PCM market is estimated to grow from $460 million in 2013 to $1,150 million by 2018, at a compound annual growth rate of 20.1%. The report identifies the factors which are currently driving PCM demand and focuses on market restraints/For example, energy saving, environment friendliness, and wide range of applications are the main growth drivers for the PCM market, which offers applications across building & construction, HVAC, textile, fixed refrigeration, cold chain, thermal energy storage, electronics, and more. Building & construction has the largest PCM market, followed by HVAC. The highest growth is observed in Europe where most of the companies involved with PCM are already established.