North America Advanced Phase Change Materials Market Report by Type (Organic PCM, Inorganic PCM, Bio-Based PCM), Form (Encapsulated, Non-Encapsulated), Application (Building and Construction, Packaging, HVAC, Textiles, Electronics, and Others), and Country 2024-2032
The North America advanced phase change materials market size reached US$ 741.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,769.0 Million by 2032, exhibiting a growth rate (CAGR) of 15.3% during 2024-2032.
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 segment of the North America advanced phase change materials market report, along with forecasts at the regional and country levels from 2024-2032. 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
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?
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 segment of the North America advanced phase change materials market report, along with forecasts at the regional and country levels from 2024-2032. 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
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
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
