The Middle East and Africa Bio-based Advanced Phase Change Material Market is estimated to grow to $23.8 million by 2018 - New Report by MicroMarket Monitor

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The Middle East and Africa Bio-based Advanced Phase Change Material Market is estimated to grow to $23.8 million by 2018 at a CAGR of 17.5% between 2013 and 2018 due to the demand for standard low cost recyclable products from key end-user industries in the region http://www.micromarketmonitor.com/market/middle-east-and-africa-Bio-based-advanced-phase-change-materials-2700459222.html

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The major applications covered in the Middle East & African Organic Advanced Phase Change Material are fertilizers, detergents, food industry, water treatment chemicals, metal finishing and flame retardants.

The Middle East and Africa Bio-based Advanced Phase Change Material Market report defines and segments the bio-based advanced phase change material market in Middle East and Africa with analysis and forecast of revenue.

Browse through the TOC of the Middle East and Africa Bio-based Advanced Phase Change Material Market report to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Middle East and Africa bio-based advanced phase change material market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/middle-east-and-africa-Bio-based-advanced-phase-change-materials-2700459222.html

Bio-based phase change materials (PCM) are renewable, green alternatives to paraffinic PCMs. These bio-based compounds are obtained from animal fat, for instance, beef tallow and oils from plants, such as palms, coconuts, and soybeans. These are non-toxic and can be recycled through thousands of cycles without experiencing any material degradation. Being hydrogenated hydrocarbons with a saturated electronic configuration, these compounds are chemically stable and can last for decades. In addition, fat and oil-based PCMs offer similar or improved performance, greater degree of fire resistance, and reduced costs in comparison to other PCMs. The bio-based PCM has a wide melting point temperature range which can be customized as per the requirement.

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The bio-based PCM market in Middle East and Africa is relatively smaller as compared to Europe and Americas. There are no significant manufacturers of bio-based advanced PCM in this region, which indicates complete dependence on imports. The relative low-cost of energy in this region due to the presence of huge oil & gas reserves restrains the need to save energy or adopt energy-efficient methods. However, the shift in the world energy mix from oil & gas or the environmental concern may drive the bio-based advanced PCM market in the future. With new and improved products, companies can provide more application specific solutions and hence, increase the demand.

Early buyers will receive 10% customization on this report.

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The report covers Middle East and Africa bio-based advanced phase change material market which is segmented on the basis of application and geography. In the Middle East and Africa region, the bio-based advanced phase change materials are applied in building & construction, phase change memory, refrigeration, energy storage systems, supply chain, textiles manufacturing, and heating ventilation and air conditioning system (HVAC).

Related Reports :

Americas Organic Advanced Phase Change Materials Market

The America Organic Advanced Phase Change Materials Market is witnessing a high growth due to the construction industry that offers high growth potential in the region. The report estimates the size of the America Organic Advanced Phase Change Materials Market both, in terms of volume and value. The report provides a comprehensive overview of the key market drivers, challenges and issues. America Organic Advanced Phase Change Materials Market is projected to reach $131.58 million by 2019, growing at a CAGR of 16.6% from 2014 to 2019. The key driver of the market is the shipping, packaging and refrigeration segment as these applications account for a major share in the market.

The report “America Organic Advanced Phase Change Materials Market ” defines and segments the Organic Advanced Phase Change Materials Market in the region with analyses and projections of the size of the America Organic Advanced Phase Change Materials Market with respect to volume (KT) and value ($Million).

Increasing demand for energy saving and environment friendly technology is driving the growth of the global phase change material (PCM) market.

http://www.micromarketmonitor.com/market/americas-organic-advanced-phase-change-materials-9436843965.html

Europe Organic Advanced Phase Change Materials Market

The Europe Organic Advanced Phase Change Materials Market is witnessing a high growth due to its wide spread usage in European building and construction application. The report estimates the size of the Europe Organic Advanced Phase Change Materials Market both, in terms of volume and value. The report provides a comprehensive overview of the key market drivers, challenges and issues. Europe Organic Advanced Phase Change Materials Market is projected to reach $229.03 million by 2019, growing at a CAGR of 21.4% from 2014 to 2019. The key driver of the market is the material’s construction applications and strict government rules on the CO2 emission by buildings.

The European Organic Advanced Phase Change Materials Market report covers Organic Advanced Phase Change Materials Market in the Europe region and its trends concerning with major countries. The major applications covered in the European Organic Advanced Phase Change Materials Market are building and construction, commercial refrigeration, HVAC, energy storage, textiles, shipping and transportation and other applications.

Further, as a part of qualitative analysis, this report provides a comprehensive review of important drivers, restraints, opportunities, and key burning issues in the Europe Organic Advanced Phase Change Materials Market.

http://www.micromarketmonitor.com/market/europe-organic-advanced-phase-change-materials-8730183541.html

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