Phase Change Materials Global Market Report 2024

Global Phase Change Materials Market Report 2024

Phase Change Materials Global Market Report 2024 – By Type (Organic, Inorganic, Bio-based ), By Encapsulation Technology (Macro, Micro, Molecular ), By Product (Paraffin, Non-Paraffin, Salt Hydrates, Eutectics ), By End-User (Building and Construction, Packaging, Textiles, Electronics, Transportation, Other End-Users ) – Market Size, Trends, And Global Forecast 2024-2033

Name: Phase Change Materials Global Market Report 2024
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Phase Change Materials Global Market Report 2024

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Phase Change Materials Market Definition

Phase-change materials refer to a class of substances that, while changing from one physical state to another, such as from a solid to a liquid, absorb or release significant amounts of latent heat. Phase change materials are also known as latent heat storage units, commonly used in solar power plants, waste heat recovery systems, preservation of food, pharmaceutical products, and construction.

The main types of phase change materials are organic, inorganic, and bio-based. Organic phase change materials are a type of phase change materials that can absorb and release latent heat during the phase change process at certain temperatures. The different product types include paraffin, non-paraffin, salt hydrates, eutectics and use various encapsulation technologies such as macro, micro, and molecular. It is implemented in several end-use industries such as building and construction, packaging, textiles, electronics, transportation, and others.

Phase Change Materials Market Segmentation

The phase change materials market covered in this report is segmented –

1) By Type: Organic, Inorganic, Bio-based

2) By Encapsulation Technology: Macro, Micro, Molecular

3) By Product: Paraffin, Non-Paraffin, Salt Hydrates, Eutectics

4) By End-User: Building and Construction, Packaging, Textiles, Electronics, Transportation, Other End-Users

Global Phase Change Materials Market Size 2023 to 2028: Graph

Phase Change Materials Market Size 2024 And Growth Rate

The phase change materials market size has grown rapidly in recent years. It will grow from $1.55 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to energy-efficient building construction, temperature regulation in electronics, thermal management in food preservation, growth in green building standards, energy storage and hvac applications.

Phase Change Materials Market Growth Forecast

The phase change materials market size is expected to see rapid growth in the next few years. It will grow to $3.57 billion in 2028 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to integration into wearable technology, advanced phase change materials for evs, smart textiles and clothing, growth in data centers and cloud computing, expansion of renewable energy storage. Major trends in the forecast period include customized phase change materials for specific applications, biodegradable and sustainable pcms, advanced encapsulation technologies, nanomaterial-enhanced phase change materials, integration with iot and sensor networks..

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Phase Change Materials Market Driver: Global Construction Industry Growth Fuels Demand For Phase Change Materials Market

The growing construction industry across the globe is contributing to the growth of the phase change materials market in the forecast period. The phase change materials are used in a variety of places during the construction of a building, such as roofs, floors, and electrical appliances, and they are also used to reduce temperature fluctuations in the internal environment by storing latent heat while material transitions from solid to liquid. The rapid growth in the urban population is expected to increase the demand for new residential and commercial buildings during the forecast period. For instance, according to the Intercontinental Exchange (ICE), a US-based technology company the global construction sector is projected to reach $8 trillion by 2030. Therefore, the growing construction industry across the globe drives the growth of the phase change materials market.

Phase Change Materials Market Driver: Escalating Adoption Of Renewable Is Anticipated To Fuel Phase Change Materials Market

The escalating adoption of renewable is expected to propel the phase change materials market going forward. Renewable refers to a source of energy that is not depleted when used and can be replenished naturally within a human lifespan. Phase Change Materials are used in renewable energy systems to store and release thermal energy, enhancing efficiency and sustainability. For instance, in December 2021, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, by 2026, renewables are predicted to make up nearly 95% of the augmentation in global power capacity, with solar PV standing out as the prime contributor, furnishing more than half of this expansion. Therefore, the escalating adoption of renewable energy is driving the phase change materials market.

Global Phase Change Materials Market Major Players

Major companies operating in the phase change materials market include Honeywell Electronic Materials Inc., Microtek Laboratories Inc., Croda International plc, Sasol Ltd., Henkel AG & Co. KGaA, Climator Mep Pvt Ltd., PCM Products Ltd., Phase Change Energy Solutions, Rubitherm Technologies, Cryopak Industries Inc., Outlast Technologies, DuPont de Nemours Inc., Dow Inc., Badische Anilin und Soda Fabrik, Puretemp LLC, Pluss Advanced Technologies Inc., Cold Chain Technologies Inc., EPCM Holdings, Entropy Solutions LLC, Laird plc, Phase Change Materials Products Ltd., Salsa Shop Kinkerstraat B.V, Shin-Etsu Chemical Co. Ltd., Smart Materials Corporation, Thermal Energy System Specialists, Henan Shijixiang Enterprise Co Ltd., AdvanSource Biomaterials Corporation, Encapsys LLC, Advanced Cooling Technologies Inc., Chemours Company

Global Phase Change Materials Market Trend: Bio-Based Phase Change Material Fabric Coatings Transforming The Phase Change Materials Market

The introduction of bio-based phase change material fabric coatings is shaping the phase change materials market. Bio-based phase change materials are manufactured using bio-based products such as beef tallow or oils from coconut, palm, and soybeans. For instance, in February 2021, Royal DSM, a Dutch multinational corporation, launched bio-based Arnitel, a thermoplastic elastomer, with Sympatex Technologies. DSM Engineering Materials is facilitating membrane manufacturers by providing a new variety of mass-balanced bio-based Arnitel. Arnitel, a bio-based product from DSM, is produced utilizing a mass-balance method with bio-based feedstock. More than 25% of the final product's weight is made up of bio-based materials.

Global Phase Change Materials Market Trend: Innovative Ultra-Low Temperature Solutions To Provide Backup Temperature Security

Major companies operating in the phase change materials market are launching innovative ultra-low temperature solutions to provide backup temperature security and offer an alternative to dry ice. Ultra-low temperature solutions refer to systems and technologies capable of maintaining temperatures significantly below standard freezing points. For instance, in March 2023, BioLife Solutions Inc, a US-based supplier of class-defining cell and gene therapy, launched Ultraguard, the first -70°C phase change material (PCM) that is non-toxic, non-hazardous, and non-flammable. This PCM offers ultra-low temperature (ULT) protection. Ultraguard can serve as a backup when ULT freezers lose power and as a benchtop storage solution for biological materials, presenting an alternative to dry ice.

Phase Change Materials Market Merger And Acquisition: Dupont Acquires Laird Performance Materials To Strengthen Electronics And Industrial Segment

In July 2021, Dupont, a US-based chemicals company, acquired Laird performance materials from Advent International for an undisclosed amount. The addition of Laird Performance Materials significantly strengthens DuPont's Electronics & Industrial (E&I) segment and represents another significant step forward in their strategy to grow as a global innovation leader and premier multi-industrial company. Laird Performance Materials is a China-based company that offers phase change materials.

Regional Outlook For The Global Phase Change Materials Market

Europe was the largest region in the phase change materials market in 2023. The regions covered in the phase change materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the phase change materials market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The phase change materials consist of paraffin, nonparaffin, salt hydrates, metallic alloys, and plant-based materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The phase change materials market research report is one of a series of new reports from The Business Research Company that provides phase change materials market statistics, including phase change materials industry global market size, regional shares, competitors with a phase change materials market share, detailed phase change materials market segments, market trends and opportunities, and any further data you may need to thrive in the phase change materials industry. This phase change materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Phase Change Materials Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$1.85 billion
Revenue Forecast In 2033	$3.57 billion
Growth Rate	CAGR of 17.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Organic, Inorganic, Bio-based 2) By Encapsulation Technology: Macro, Micro, Molecular 3) By Product: Paraffin, Non-Paraffin, Salt Hydrates, Eutectics 4) By End-User: Building and Construction, Packaging, Textiles, Electronics, Transportation, Other End-Users
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Honeywell Electronic Materials Inc.; Microtek Laboratories Inc.; Croda International plc; Sasol Ltd.; Henkel AG & Co. KGaA; Climator Mep Pvt Ltd.; PCM Products Ltd.; Phase Change Energy Solutions; Rubitherm Technologies; Cryopak Industries Inc.; Outlast Technologies; DuPont de Nemours Inc.; Dow Inc.; Badische Anilin und Soda Fabrik; Puretemp LLC; Pluss Advanced Technologies Inc.; Cold Chain Technologies Inc.; EPCM Holdings; Entropy Solutions LLC; Laird plc; Phase Change Materials Products Ltd.; Salsa Shop Kinkerstraat B.V; Shin-Etsu Chemical Co. Ltd.; Smart Materials Corporation; Thermal Energy System Specialists; Henan Shijixiang Enterprise Co Ltd.; AdvanSource Biomaterials Corporation; Encapsys LLC; Advanced Cooling Technologies Inc.; Chemours Company
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Phase Change Materials Market Characteristics

3. Phase Change Materials Market Trends And Strategies

4. Phase Change Materials Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Phase Change Materials Market Size and Growth

5.1. Global Phase Change Materials Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Phase Change Materials Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Phase Change Materials Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Phase Change Materials Market Segmentation

6.1. Global Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Organic

Inorganic

Bio-based

6.2. Global Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Macro

Micro

Molecular

6.3. Global Phase Change Materials Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Paraffin

Non-Paraffin

Salt Hydrates

Eutectics

6.4. Global Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Building and Construction

Packaging

Textiles

Electronics

Transportation

Other End-Users

7. Phase Change Materials Market Regional And Country Analysis

7.1. Global Phase Change Materials Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Phase Change Materials Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Phase Change Materials Market

8.1. Asia-Pacific Phase Change Materials Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Phase Change Materials Market

9.1. China Phase Change Materials Market Overview

9.2. China Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Phase Change Materials Market

10.1. India Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Phase Change Materials Market

11.1. Japan Phase Change Materials Market Overview

11.2. Japan Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Phase Change Materials Market

12.1. Australia Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Phase Change Materials Market

13.1. Indonesia Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Phase Change Materials Market

14.1. South Korea Phase Change Materials Market Overview

14.2. South Korea Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Phase Change Materials Market

15.1. Western Europe Phase Change Materials Market Overview

15.2. Western Europe Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Phase Change Materials Market

16.1. UK Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Phase Change Materials Market

17.1. Germany Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Phase Change Materials Market

18.5. France Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Phase Change Materials Market

19.9. Italy Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Phase Change Materials Market

20.13. Spain Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Phase Change Materials Market

21.1. Eastern Europe Phase Change Materials Market Overview

21.2. Eastern Europe Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Phase Change Materials Market

22.1. Russia Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Phase Change Materials Market

23.1. North America Phase Change Materials Market Overview

23.2. North America Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Phase Change Materials Market

24.1. USA Phase Change Materials Market Overview

24.2. USA Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Phase Change Materials Market

25.1. Canada Phase Change Materials Market Overview

25.2. Canada Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Phase Change Materials Market

26.1. South America Phase Change Materials Market Overview

26.2. South America Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Phase Change Materials Market

27.1. Brazil Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Phase Change Materials Market

28.1. Middle East Phase Change Materials Market Overview

28.2. Middle East Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Phase Change Materials Market

29.1. Africa Phase Change Materials Market Overview

29.2. Africa Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Phase Change Materials Market Competitive Landscape And Company Profiles

30.1. Phase Change Materials Market Competitive Landscape

30.2. Phase Change Materials Market Company Profiles

30.2.1. Honeywell Electronic Materials Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Microtek Laboratories Inc.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Croda International plc

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Sasol Ltd.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Henkel AG & Co. KGaA

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Phase Change Materials Market Competitive Benchmarking

32. Global Phase Change Materials Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Phase Change Materials Market

34. Phase Change Materials Market Future Outlook and Potential Analysis

34.1 Phase Change Materials Market In 2028 - Countries Offering Most New Opportunities

34.2 Phase Change Materials Market In 2028 - Segments Offering Most New Opportunities

34.3 Phase Change Materials Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Phase Change Materials Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Phase Change Materials Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Phase Change Materials Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Honeywell Electronic Materials Inc. Financial Performance

Table 76: Microtek Laboratories Inc. Financial Performance

Table 77: Croda International plc Financial Performance

Table 78: Sasol Ltd. Financial Performance

Table 79: Henkel AG & Co. KGaA Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Phase Change Materials Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Phase Change Materials Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Phase Change Materials Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Phase Change Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Phase Change Materials Market, Segmentation By Encapsulation Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Phase Change Materials Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Honeywell Electronic Materials Inc. Financial Performance

Figure 76: Microtek Laboratories Inc. Financial Performance

Figure 77: Croda International plc Financial Performance

Figure 78: Sasol Ltd. Financial Performance

Figure 79: Henkel AG & Co. KGaA Financial Performance

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Frequently Asked Questions

What is the definition of the personal care ingredientsmarket?

The personal care ingredients are used in skincare, haircare, oral care, and make-up products. The ingredients used in the product are usually obtained from synthetic and natural sources. Synthetic materials include parabens, sodium lauryl sulfate, formaldehyde, and propylene glycol; whereas natural ingredients include cocoa butter, coconut oil, soy seeds, and essential oils. For further insights on the personal care ingredients market, request a sample here

How will the personal care ingredients market drivers and restraints affect the personal care ingredients market dynamics? What forces will shape the personal care ingredients industry going forward?

The personal care ingredients market major growth driver - youth population surge as a catalyst for the personal care ingredients market. For further insights on the personal care ingredients market, request a sample here

What is the forecast market size or the forecast market value of the personal care ingredients market ?

The personal care ingredients market size has grown strongly in recent years. It will grow from $15.08 billion in 2023 to $16.29 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to beauty and wellness trends, skincare and cosmetics innovations, consumer demand for natural and organic products, aging population and anti-aging products, regulatory standards for ingredient safety.. The personal care ingredients market size is expected to see strong growth in the next few years. It will grow to $22.24 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to sustainable packaging and supply chain practices, continued demand for clean and green beauty, growth in personalized skincare products, expansion of men's grooming products, increasing focus on mental well-being. Major trends in the forecast period include microbiome-friendly personal care products, ai-driven skincare recommendations, vegan and cruelty-free ingredient options, nanotechnology in ingredient delivery, cbd and hemp-derived ingredients. For further insights on the personal care ingredients market, request a sample here

How is the personal care ingredients market segmented?

The personal care ingredients market is segmented
1) By Ingredients: Emollients, Surfactants, Emulsifiers, Rheology Modifiers, Conditioning Polymers, Other Ingredients
2) By Source: Natural Ingredients, Synthetic Ingredients
3) By Application: Skin Care, Hair Care, Oral Care, Cosmetics, Other ApplicationsFor further insights on the personal care ingredients market, request a sample here

Which region has the largest share of the personal care ingredients market? What are the other regions covered in the report?

North America was the largest region in the personal care ingredients market in 2023. Europe was the second largest market in personal care ingredients market share. The regions covered in the personal care ingredients market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the personal care ingredients market, request a sample here.

Who are the major players in the personal care ingredients market?

Major companies operating in the personal care ingredients market include BASF SE, Ashland Inc., Solvay SA, Dow Chemical Company, Clariant AG, Croda International PLC, Evonik Industries AG, J.M. Huber Corporation, Huntsman International LLC, The Lubrizol Corporation, Akzo Nobel NV, Pharmacos, Nouryon Specialty Chemicals B.V., Lonza Group Ltd., Berkshire Hathaway Inc., KCC Corporation, Galaxy Surfactants Ltd., Oxiteno SA, Eastman Chemical Company, Saudi Basic Industries Corporation, Symrise AG, Sinerga SpA, SG Ceresco Inc., Pride Seeds, Grain Millers Inc., Innospec Inc., AEP Colloids Inc., Jarrow Formulas Inc., Soliance, Wacker Chemie AG For further insights on the personal care ingredients market, request a sample here.

What are the key trends in the personal care ingredients market?

Major trend in the personal care ingredients market - introduction of the biosurfactants to address the rising demand for sustainable beauty care solutions. For further insights on the personal care ingredients market, request a sample here.

What are the major opportunities in the personal care ingredients market? What are the strategies for the personal care ingredients market?

For detailed insights on the major opportunities and strategies in the personal care ingredients market, request a sample here.

How does the personal care ingredients market relate to the overall economy and other similar markets?

For detailed insights on personal care ingredients market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the personal care ingredients industry?

For detailed insights on the mergers and acquisitions in the personal care ingredients industry, request a sample here.

What are the key dynamics influencing the personal care ingredients market growth? SWOT analysis of the personal care ingredients market.

For detailed insights on the key dynamics influencing the personal care ingredients market growth and SWOT analysis of the personal care ingredients industry, request a sample here.