Market Overview:
The North America advanced phase change materials market size reached US$
534.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$
1381.5 Million by 2027, exhibiting a growth rate (CAGR) of
17.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different
end use industries. These insights are included in the report as a major market contributor.
The advanced phase change materials (PCMs) refer to the elements with a capability to store latent heat emitted during distinctive phase transitions. At a commercial level, they store latent heat released during the solid-liquid phase transition. Advanced phase change materials enhance the heat storage capacity of buildings and are highly efficient in power distribution and generation systems. They are employed for cooling electrical engines, foods and drinks, maintaining high temperatures in greenhouses and conditioning of buildings.
North America represents one of the largest advanced phase change materials market owing to the highly developed manufacturing industries for electric and electronic devices. These devices use advanced PCMs pertaining to their high latent heat of fusion, specific heat, thermal stability and thermal conductivity in both solid and liquid phases. Several initiatives by government institutions, such as Department of Energy, are taken for the assessment of costs, risks and technology performance of advanced PCMs for their wide application in the region. Availability of these materials at affordable prices and their potential to provide zero net energy buildings will continue to spur the demand in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America advanced phase change materials market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, form and application.
- Key Regions Analysed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Type
- Organic PCM
- Inorganic PCM
- Bio-Based PCM
- Market by Form
- Encapsulated
- Non-Encapsulated
- Market by Application
- Building and Construction
- Packaging
- HVAC
- Textiles
- Electronics
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Type, Form, Application, Country |
| Countries Covered |
United States, Canada, Mexico |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the North America advanced phase change materials market performed so far and how will it perform in the coming years?
- What are the key regions in the North America advanced phase change materials market?
- What has been the impact of COVID-19 on the North America advanced phase change materials market?
- What is the breakup of the North America advanced phase change materials market on the basis of type?
- What is the breakup of the North America advanced phase change materials market on the basis of form?
- What is the breakup of the North America advanced phase change materials market on the basis of application?
- What are the various stages in the value chain of the North America advanced phase change materials industry?
- What are the key driving factors and challenges in the North America advanced phase change materials industry?
- What is the structure of the North America advanced phase change materials industry and who are the key players?
- What is the degree of competition in the North America advanced phase change materials industry?
- What are the profit margins in the North America advanced phase change materials industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Advanced Phase Change Materials Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Form
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
6 North America Advanced Phase Change Materials Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Advanced Phase Change Materials Market: Breakup by Type
7.1 Organic PCM
7.2 Inorganic PCM
7.3 Bio-Based PCM
8 North America Advanced Phase Change Materials Market: Breakup by Form
8.1 Encapsulated
8.2 Non-Encapsulated
9 North America Advanced Phase Change Materials Market: Breakup by Application
9.1 Building and Construction
9.2 Packaging
9.3 HVAC
9.4 Textiles
9.5 Electronics
9.6 Others
10 North America Advanced Phase Change Materials Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Type
10.1.3 Market Breakup by Form
10.1.4 Market Breakup by Application
10.1.5 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Type
10.2.3 Market Breakup by Form
10.2.4 Market Breakup by Application
10.2.5 Market Forecast
10.3 Mexico
10.3.1 Historical Market Trends
10.3.3 Market Breakup by Type
10.3.3 Market Breakup by Form
10.3.4 Market Breakup by Application
10.3.5 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
12.1 Overview
12.2 Research and Development
12.3 Raw Material Procurement
12.4 Manufacturing
12.5 Distribution
12.6 Export
12.7 End-Use
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: North America: Advanced Phase Change Materials Market: Major Drivers and Challenges
Figure 2: Global: Advanced Phase Change Materials Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Advanced Phase Change Materials Market: Breakup by Type (in %), 2021
Figure 4: Global: Advanced Phase Change Materials Market: Breakup by Form (in %), 2021
Figure 5: Global: Advanced Phase Change Materials Market: Breakup by Application (in %), 2021
Figure 6: Global: Advanced Phase Change Materials Market: Breakup by Region (in %), 2021
Figure 7: Global: Advanced Phase Change Materials Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: North America: Advanced Phase Change Materials Market: Sales Value (in Million US$), 2016-2021
Figure 9: North America: Advanced Phase Change Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: North America: Advanced Phase Change Materials Market: Breakup by Type (in %), 2021
Figure 11: North America: Advanced Phase Change Materials (Organic PCM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: North America: Advanced Phase Change Materials (Organic PCM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: North America: Advanced Phase Change Materials (Inorganic PCM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: North America: Advanced Phase Change Materials (Inorganic PCM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: North America: Advanced Phase Change Materials (Bio-Based PCM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: North America: Advanced Phase Change Materials (Bio-Based PCM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: North America: Advanced Phase Change Materials Market: Breakup by Form (in %), 2021
Figure 18: North America: Advanced Phase Change Materials (Encapsulated) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: North America: Advanced Phase Change Materials (Encapsulated) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: North America: Advanced Phase Change Materials (Non-Encapsulated) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: North America: Advanced Phase Change Materials (Non-Encapsulated) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: North America: Advanced Phase Change Materials Market: Breakup by Application (in %), 2021
Figure 23: North America: Advanced Phase Change Materials (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: North America: Advanced Phase Change Materials (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: North America: Advanced Phase Change Materials (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: North America: Advanced Phase Change Materials (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Advanced Phase Change Materials (HVAC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Advanced Phase Change Materials (HVAC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: North America: Advanced Phase Change Materials (Textiles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: North America: Advanced Phase Change Materials (Textiles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: North America: Advanced Phase Change Materials (Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Advanced Phase Change Materials (Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Advanced Phase Change Materials (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Advanced Phase Change Materials (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Advanced Phase Change Materials Market: Breakup by Country (in %), 2021
Figure 36: United States: Advanced Phase Change Materials Market: Sales Value (in Million US$), 2016-2021
Figure 37: United States: Advanced Phase Change Materials Market: Breakup by Type (in %), 2021
Figure 38: United States: Advanced Phase Change Materials Market: Breakup by Form (in %), 2021
Figure 39: United States: Advanced Phase Change Materials Market: Breakup by Application (in %), 2021
Figure 40: United States: Advanced Phase Change Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Canada: Advanced Phase Change Materials Market: Sales Value (in Million US$), 2016-2021
Figure 42: Canada: Advanced Phase Change Materials Market: Breakup by Type (in %), 2021
Figure 43: Canada: Advanced Phase Change Materials Market: Breakup by Form (in %), 2021
Figure 44: Canada: Advanced Phase Change Materials Market: Breakup by Application (in %), 2021
Figure 45: Canada: Advanced Phase Change Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Mexico: Advanced Phase Change Materials Market: Sales Value (in Million US$), 2016-2021
Figure 47: Mexico: Advanced Phase Change Materials Market: Breakup by Type (in %), 2021
Figure 48: Mexico: Advanced Phase Change Materials Market: Breakup by Form (in %), 2021
Figure 49: Mexico: Advanced Phase Change Materials Market: Breakup by Application (in %), 2021
Figure 50: Mexico: Advanced Phase Change Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: North America: Advanced Phase Change Materials Industry: SWOT Analysis
Figure 52: North America: Advanced Phase Change Materials Industry: Value Chain Analysis
Figure 53: North America: Advanced Phase Change Materials Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Advanced Phase Change Materials Market: Key Industry Highlights, 2021 and 2027
Table 2: North America: Advanced Phase Change Materials Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: North America: Advanced Phase Change Materials Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 4: North America: Advanced Phase Change Materials Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: North America: Advanced Phase Change Materials Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: North America: Advanced Phase Change Materials Market: Competitive Structure
Table 7: North America: Advanced Phase Change Materials Market: Key Players