Advanced Phase Change Material (APCM) Market Share, Size, Growth, Trends, Indust
Posted by akshayparmar on November 7th, 2017
Advanced Phase Change Material (APCM) Market- Growth, Future Prospects & Competitive Analysis, 2017 - 2025, the Global Advanced Phase Change Material (APCM)Market is expected to reach US$ 832.6 Mn by 2025, expanding at a CAGR of 14.8% during the forecast period 2017- 2025.
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Growing environmental concerns and increasing awareness towards energy conservation is expected to propel the demand for advanced phase change materials. Increasing government initiative to reduce greenhouse gases emission and increasing awareness towards energy conservation is projected to fuel the demand for advanced phase change materials. Further, rising demand for insulting materials in various end use industries such as refrigeration & equipment, packaging, textiles and others are also projected to augment the growth of advanced phase change materials.
Global advanced phase change material (APCM)marketis segmented on the basis of product type,applicationand geography.By product type, inorganicsegment was the most dominant segment in global advanced phase change material (APCM)market in 2016 and anticipated to continue its dominance over the forecast period. Inorganic advanced phase change material (APCM) is widely used in various end use industries such as thermal energy storage (TES), refrigeration & equipment, cold chain & packaging and HVAC.Based on application, in 2016.
2. Executive Summary
3. Global Advanced Phase Change Material (APCM)Market Dynamics
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