상변화물질(PCM) 시장 규모는 2023년에 14억 7,000만 달러로 평가되었고, 2029년까지 복합 연간 성장률(CAGR) 4.23%로 꾸준한 성장이 예측되고 있습니다.
세계 상변화물질(PCM) 시장의 주요 촉진요인은 에너지효율과 지속가능성의 중시가 높아지고 있습니다. PCM은 건물, 가전제품 및 산업 공정의 열 성능을 향상시켜 에너지 소비와 이산화탄소 배출을 억제하는데 매우 중요한 역할을 합니다. 피크시에 여분의 열을 흡수하고 온도가 낮아지면 열을 방출함으로써 PCM은 쾌적한 실내 환경을 유지하고 기계적인 냉난방 시스템에 대한 의존성을 줄이는 데 기여하며, 큰 에너지 절약과 환경상의 이점으로 이어집니다.
| 시장 개요 | |
|---|---|
| 예측 기간 | 2025-2029 |
| 시장 규모 : 2023년 | 14억 7,000만 달러 |
| 시장 규모 : 2029년 | 18억 9,000만 달러 |
| 복합 연간 성장률(CAGR): 2024년-2029년 | 4.23% |
| 급성장 부문 | 파라핀 |
| 최대 시장 | 유럽 |
건설 부문은 세계 상변화물질(PCM) 시장의 성장을 크게 뒷받침하고 있습니다. PCM은 단열재, 벽판, 지붕재 등의 건축재료에 점점 통합되어, 주택, 상업시설, 공업시설의 열적 쾌적성과 에너지 효율을 높이고 있습니다. 실내 온도를 조정하고 벽과 지붕을 통한 열 이동을 억제함으로써 PCM은 에너지 비용을 줄이고 거주자의 편안함을 향상시키고 지속 가능한 건축 관행을 촉진하는 데 기여합니다.
또한 전자 산업과 자동차 산업은 열 관리 응용 분야에서 상변화물질(PCM) 수요에 크게 기여하고 있습니다. 전자기기나 전자부품의 소형화와 고전력 밀도화가 진행되는 가운데, 과열을 방지하고 신뢰성이 높은 성능을 확보하기 위해서는 효율적인 열관리가 필수적입니다. PCM은 스마트폰, 노트북, 전기자동차 등 전자기기의 열관리에 동작중의 여분의 열을 흡수 및 방산하는 콤팩트하고 효율적인 솔루션을 제공합니다. 태양광 발전 및 풍력 발전과 같은 재생 가능 에너지원의 채용이 증가하고 있기 때문에 열에너지 저장 용도의 상변화물질(PCM)에 대한 수요가 증가하고 있습니다. PCM은 태양열 시스템, 집광형 태양열 발전소, 태양열 온수기에서 열에너지의 저장과 방출에 이용되어 발전과 난방을 위한 효율적이고 신뢰할 수 있는 에너지 저장을 가능하게 하고 있습니다.
건설 업계의 성장
기술진보 급증
공급망 혼란
콜드체인 물류 확대
Global Phase Change Materials Market was valued at USD 1.47 billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 4.23% through 2029. The primary drivers of the global phase change materials market stem from an increasing emphasis on energy efficiency and sustainability. PCMs play a pivotal role in curbing energy consumption and carbon emissions by enhancing the thermal performance of buildings, appliances, and industrial processes. By absorbing excess heat during peak periods and releasing it when temperatures drop, PCMs contribute to maintaining comfortable indoor environments and reducing reliance on mechanical heating and cooling systems, leading to substantial energy savings and environmental advantages.
| Market Overview | |
|---|---|
| Forecast Period | 2025-2029 |
| Market Size 2023 | USD 1.47 Billion |
| Market Size 2029 | USD 1.89 Billion |
| CAGR 2024-2029 | 4.23% |
| Fastest Growing Segment | Paraffin |
| Largest Market | Europe |
The construction sector significantly propels the growth of the global phase change materials market. PCMs are increasingly integrated into building materials like insulation, wallboards, and roofing materials to elevate thermal comfort and energy efficiency in residential, commercial, and industrial structures. By regulating indoor temperatures and curbing heat transfer through walls and roofs, PCMs contribute to decreased energy expenses, heightened occupant comfort, and the promotion of sustainable building practices.
Also, the electronics and automotive industries are key contributors to the demand for phase change materials in thermal management applications. With the ongoing miniaturization and heightened power density of electronic devices and components, efficient thermal management is imperative to prevent overheating and ensure reliable performance. PCMs offer a compact and efficient solution for thermal management in electronic devices, such as smartphones, laptops, and electric vehicles, by absorbing and dissipating excess heat during operation. The escalating adoption of renewable energy sources like solar and wind power fuels demand for phase change materials in thermal energy storage applications. PCMs are utilized to store and release thermal energy in solar thermal systems, concentrating solar power plants, and solar water heaters, enabling efficient and dependable energy storage for electricity generation and heating purposes.
Key Market Drivers
Growth in Construction Industry
The primary factors propelling the demand for PCMs in the construction industry is the growing emphasis on energy-efficient building designs and green building standards. With increasing awareness of the environmental impact of buildings, architects, developers, and builders are seeking innovative solutions to enhance energy performance and reduce operational costs. PCMs offer a viable solution by optimizing thermal management, minimizing heating and cooling loads, and maintaining comfortable indoor temperatures year-round, aligning with the principles of sustainable building design.
Also, stringent energy efficiency regulations and building codes are driving the adoption of PCMs in construction projects worldwide. Many countries and regions have implemented stringent energy performance standards and sustainability certifications, such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method), which incentivize the use of energy-efficient building materials and technologies like PCMs. Compliance with these regulations and certifications requires the integration of PCMs into building envelopes, insulation systems, and HVAC (heating, ventilation, and air conditioning) systems to improve thermal performance and reduce energy consumption.
The increasing demand for green and smart buildings is driving the integration of PCMs into building materials and systems. PCMs are incorporated into insulation, wallboards, roofing materials, and HVAC systems to enhance thermal comfort, reduce energy costs, and achieve sustainability goals. Additionally, the rise of smart building technologies and energy management systems enables real-time monitoring and control of PCM-based thermal storage systems, optimizing energy usage and maximizing efficiency in building operations.
Surge in Technological Advancements
Technological advancements have led to the development of advanced PCM formulations with tailored phase transition temperatures, improved thermal properties, and enhanced durability. These innovative formulations expand the range of applications for phase change materials and offer solutions optimized for specific temperature ranges and operating conditions.
Nanoencapsulation and microencapsulation technologies are revolutionizing the delivery and performance of phase change materials. These advanced encapsulation techniques enable the incorporation of PCM into a wide range of materials, including fabrics, building materials, and electronics, while maintaining their integrity and enhancing their thermal properties.
The integration of smart technologies such as sensors, actuators, and control systems is transforming PCM systems into intelligent solutions for thermal management. Smart PCM systems can dynamically adjust phase change temperatures, optimize energy storage and release, and respond to changing environmental conditions, offering enhanced flexibility and efficiency in various applications.
Technological advancements are driving the integration of phase change materials into building materials such as concrete, insulation, and roofing materials. PCM-enhanced building materials offer superior thermal performance, reduce energy consumption for heating and cooling, and contribute to sustainable building designs that prioritize energy efficiency and occupant comfort.
Key Market Challenges
Disruptions in Supply Chain
The COVID-19 pandemic has exacerbated disruptions in the PCM supply chain, causing supply shortages, production delays, and logistical challenges. The pandemic-induced lockdowns, travel restrictions, and labor shortages have disrupted manufacturing operations, raw material sourcing, and transportation networks, leading to supply chain bottlenecks and disruptions. As a result, manufacturers and end-users of PCMs have faced challenges in sourcing raw materials, fulfilling orders, and meeting project deadlines.
PCMs are manufactured using a variety of raw materials, including paraffins, fatty acids, bio-based materials, and inorganic salts. Disruptions in the supply chain for these raw materials, such as shortages, price volatility, and supply constraints, can impact PCM production and availability. Fluctuations in raw material prices and availability can affect production costs, profit margins, and pricing strategies for PCM manufacturers, influencing market dynamics and competitiveness.
The transportation and logistics sector plays a crucial role in the PCM supply chain, facilitating the movement of raw materials, intermediate products, and finished goods across regions and countries. However, disruptions in transportation networks, port closures, customs delays, and freight capacity constraints can impede the timely delivery of PCM products to customers. Logistical challenges and transportation delays increase lead times, affect inventory management, and disrupt supply chain operations, posing challenges for PCM manufacturers and end-users.
Key Market Trends
Expansion of Cold Chain Logistics
The growing demand for temperature-sensitive products, including perishable food items, vaccines, biologics, and specialty chemicals, is driving the need for reliable cold chain logistics solutions. PCM-based technologies offer an effective means of maintaining the required temperature range throughout the supply chain, ensuring product quality and compliance with regulatory standards.
The food and beverage industry is experiencing a heightened focus on food safety, quality, and shelf-life extension. PCM solutions play a critical role in preserving the freshness, nutritional value, and sensory attributes of perishable foods by preventing temperature fluctuations during storage and transportation.
The pharmaceutical industry relies heavily on cold chain logistics to maintain the efficacy and stability of temperature-sensitive drugs and vaccines. PCM-based thermal packaging solutions are increasingly adopted to ensure the integrity of pharmaceutical products during transit, especially in regions with challenging environmental conditions.
PCM technologies are gaining traction due to their environmental benefits, including energy efficiency and reduced carbon footprint. PCM-based cold chain solutions offer a sustainable alternative to traditional refrigeration systems, leading to lower energy consumption and greenhouse gas emissions.
Ongoing advancements in PCM formulations, packaging designs, and application methods are driving innovation in the market. Manufacturers are developing new PCM products with enhanced thermal properties, improved durability, and compatibility with various packaging materials, thereby expanding their applicability in cold chain logistics.
Segmental Insights
Product Insights
Based on the category of product, the paraffin segment emerged as the dominant player in the global market for phase change materials in 2023. Paraffin exhibits excellent thermal stability over a wide temperature range, making it suitable for various applications requiring precise temperature control. Its stable phase change characteristics ensure reliable thermal energy storage and release, contributing to its dominance in the PCM market.
Paraffin-based PCMs have a high latent heat storage capacity, meaning they can absorb and release large amounts of thermal energy during phase transitions. This high heat storage capacity makes paraffin an efficient and effective material for storing thermal energy in applications such as building insulation, HVAC systems, and solar thermal energy storage.
Paraffin is a relatively low-cost material compared to other PCM options, making it a cost-effective choice for various applications. Its affordability makes it an attractive option for large-scale deployment in commercial and industrial projects, driving its dominance in the PCM market.
Regional Insights
Europe emerged as the dominant region in the Global Phase Change Materials Market in 2023, holding the largest market share in terms of value. Europe has been at the forefront of implementing stringent building energy efficiency regulations and standards to reduce energy consumption and carbon emissions in the construction sector. PCMs are widely used in building materials such as insulation, wallboards, and roofing systems to improve thermal comfort and energy efficiency in buildings. The strong emphasis on energy-efficient building design and construction has driven the demand for PCMs in Europe, making it a dominant market for PCM applications in the construction industry.
European governments have implemented supportive policies, incentives, and funding programs to promote the adoption of renewable energy technologies and energy-efficient solutions, including PCMs. Programs such as the European Union's Horizon 2020 initiative, the Energy Efficiency Directive, and national building codes incentivize the use of PCM-enhanced building materials and energy storage systems in residential, commercial, and institutional buildings. These policies create a favorable regulatory environment and drive market growth for PCMs in Europe.
Europe boasts a robust research and development infrastructure with leading academic institutions, research centers, and industry collaborations focused on PCM technologies. European research initiatives such as the European Technology Platform on Renewable Heating and Cooling (RHC-Platform) and the European Energy Research Alliance (EERA) support collaborative research, innovation, and knowledge exchange in the field of PCMs. The region's strong R&D capabilities drive technological advancements, product innovation, and market leadership in PCM applications across various sectors.
Henkel AG & Co. KGaA
Honeywell International.Inc.
Croda International Plc
PureTemp LLC
Laird Limited
Rubitherm Technologies GmbH
PCM Products Ltd
Climator Sweden AB
Shin-Etsu Chemicals Co., Ltd.
Dongguan Guo Heng plastic technology co., LTD
In this report, the Global Phase Change Materials Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
United States
Canada
Mexico
France
United Kingdom
Italy
Germany
Spain
China
India
Japan
Australia
South Korea
Brazil
Argentina
Colombia
South Africa
Saudi Arabia
UAE
Company Profiles: Detailed analysis of the major companies present in the Global Phase Change Materials Market.
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