Inorganic Advanced Phase Change Materials (PCM) Market Definition
Inorganic advanced phase change materials refer to a group of materials that go through a phase change while heating or cooling above or below the phase transition temperature. These materials constitute metals, salts, and salt hydrates. They are known for their high energy storage density, good thermal conductivity, and flame retardancy. Other material strengths include high phase-change enthalpy and good thermal conductivity.
Structure
The inorganic advanced phase change materials (PCM) market is segmented by type into salt hydrate phase change material, molten salt phase change material, and metallic inorganic phase change material. The industry is segmented by application into architecture, cold chain transportation, air conditioners, energy storage, and others. Insolcorp, Inc, Rubitherm Technologies GmbH, PCM Products, PLUSS Advanced Technologies, Phase Change Products Pty Ltd (PCP), Guangzhou Zhongjia, Climator Sweden AB, BOCA International and AXIOTHERM are all major players in the market.
Additional Information
The growth of the inorganic advanced phase change materials (PCM) market is driven by high demand in the pharmaceutical, agriculture, textiles, electronics, and construction industries. Environmental and medical concerns around the toxicity of some inorganic PCMs are restricting growth in the space. However, new industry innovations and a rising interest in electric and hybrid vehicles and solar energy are set to drive significant demand in the coming years.
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