The Europe Bio-based Advanced Phase Change Material Market is projected to reach $46.4 million by 2018 - New Report by MicroMarket Monitor

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The European Bio-based Advanced Phase Change Material Market is estimated to grow to $43.9 million by 2018 at a CAGR of 28.7% between 2013 and 2018 as the manufacturing cost of the bio-based advanced phase change material has been decreasing continuously due to the availability of cheap raw materials in the region http://www.micromarketmonitor.com/market/europe-bio-based-advanced-phase-change-materials-5141888702.html

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Europe Bio-based Advanced Phase Change Material Market are ASF (Germany), Ewald Dorken AG

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

Browse through the TOC of the Europe 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 European Bio-based advanced phase change material market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/europe-bio-based-advanced-phase-change-materials-5141888702.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 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 growth of the region’s overall bio-based PCM market is driven mainly by stringent government rules on the CO2 emission by buildings. Government’s initiatives for ‘green buildings’ are boosting market growth as bio-based PCM helps save the carbon credits allotted to each building. The consumption of bio-based PCM for eco-friendly environment in different applications, such as heating ventilation and air conditioning system (HVAC) and fixed refrigeration is driving the demand. The low cost of bio-based PCM is another factor for its high consumption compared to other PCM types. In addition, variations in Europe’s climatic conditions create a high demand for clothing and textiles for use in both hot and cold conditions are also attracting the demand of bio-based PCM’s. The big players in the European region, including BASF (Germany), Ewald Dorken AG (Germany), and Outlast technology (U.S.), are planning for commercialization and expanding the production facilities in the region.

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The report covers the European bio-based advanced phase change material market which is segmented on the basis of application and geography. In the European 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 Bio-based Advanced Phase Change Materials Market

The America Bio-Based Advanced Phase Change Materials Market is witnessing a high growth due to the paraffin based PCM being non-biodegradable and highly inflammable is a major environment concern. The report estimates the size of the America Bio-Based 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 Bio-Based Advanced Phase Change Materials Market is projected to reach $62.6 million by 2018, growing at a CAGR of 30.2% from 2013 to 2018. The key driver of the market is the strict regulations in the region about inflammability of organic based PCM.

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

Bio-based PCM are renewable and green alternatives to paraffinic PCMs. These are non-toxic and can be recycled through thousands of cycles without experiencing any material degradation.

The most used bio-based PCM is the fatty acids. These have superior advantages such as congruent melting and cooling, high latent heat of fusion, low costs, fire resistance, non toxicity, very small sub cooling and volume change, and good chemical & thermal stability after a large number of thermal cycles.

http://www.micromarketmonitor.com/market/americas-bio-based-advanced-phase-change-materials-2988625168.html

Middle East and Africa Bio-based Advanced Phase Change Materials Market

The Middle East & Africa Bio-Based Advanced Phase Change Material is witnessing a high growth due to the increasing demand by the various industry verticals for various applications. The report estimates the size of the Middle East & Africa Bio-Based Advanced Phase Change Material both, in terms of volume and value. The report provides a comprehensive overview of the key market drivers, challenges and issues. Middle East & Africa Bio-Based Advanced Phase Change Material is projected to reach $25.2 million by the year 2018, growing at a CAGR of 20.1% from 2013 to 2018. The key driver of the market is the rising environmental concern about the degradation of organic material.

The Middle East & Africa Bio-Based Advanced Phase Change Material report covers Bio-Based Advanced Phase Change Material in the Middle East & Africa region and its trends concerning with major countries of the respective regions. The major applications covered in the Middle East & African Bio-Based Advanced Phase Change Material are fertilizers, detergents, food industry, water treatment chemicals, metal finishing and flame retardants.

Further, as a part of qualitative analysis, this report provides a comprehensive review of important drivers, restraints, opportunities, and key burning issues in the Middle East & Africa Bio-Based Advanced Phase Change Material Market.

The Middle East & African Bio-Based Advanced Phase Change Material report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles and competitive strategies adopted by various market players in the Middle East & Africa Bio-Based Advanced Phase Change Material Market.

http://www.micromarketmonitor.com/market/middle-east-and-africa-bio-based-advanced-phase-change-materials-5323610735.html

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