Phase Change Materials (PCMs) are wax-like thermal compounds that change phase at a specifically formulated temperature. A wide range of PCMs have been developed including organic (paraffins and fatty acids), inorganics (salt hydrates and metallic) and eutectic combination of organic and/or inorganic materials. Thermal energy storage using PCMs is an effective way to store thermal energy, and makes them attractive for sustainable, environmentally friendly solutions. PCMs store thermal energy in the form of latent heat and provide maximum energy performance with minimal impact on the environment.
Latent heat energy storage (LHES) system PCMs are well known for its excellent thermal energy storage and release during melting and solidifications respectively, and are a key solution for the implementation of renewable energies. PCMs can be efficiently deployed in applications where significant temperature difference exists in the system for intermittent thermal energy storage. These systems take advantage of the latent heat of phase change of PCM during their melting/ solidification processes to store or release heat depending on the needs and availability.
PCM products are used to improve whole-building energy efficiency in retail, commercial, hospitality, and industrial applications; enable safe transport of sensitive food and pharmaceutical products; and provide enhanced thermal storage capabilities for industrial and commercial processes, among other applications.
Markets where PCMs are applied include:
buildings for thermal management.
cement and pavements.
solar power plants.
cooling vests and clothing in medical and textiles.
thermal management in electric vehicle batteries.
refrigerated packaging and transport.
Report contents include:
Types of phase change materials, properties, advantages, drawbacks. Types covered include paraffins, non-paraffins, salt and salt composites, metal and metal alloys, biobased, nanomaterials based.
Markets for phase change materials including aerospace, automotive, building and construction, energy, electronics, medical, food and drink, packaging, shipping, solar thermal systems, textiles and apparel.
Global revenues for phase change materials by type, market and region.
In depth profiles of 47 companies including types of phase change materials produced, products, target markets, production capabilities, contact details. Companies profiled include Advanced Cooling Technologies, Axiotherm GmbH, Boyd Corporation, HeatVentors, Croda, Encapsys LLC, Hangzhou Ruhr New Material Technology Co., Ltd. and many more.
1 EXECUTIVE SUMMARY 9
1.1 What are Phase change materials (PCMs)? 9
1.2 Markets 9
1.3 Market drivers 11
1.4 Properties of Phase Change Materials (PCMs) 11
1.5 Phase change materials (PCM) drawbacks 12
1.6 Global revenues, 2019-2030 13
1.6.1 By type 13
1.6.2 By market 14
2 INTRODUCTION 16
2.1 Thermal energy storage (TES) 16
2.1.1 Sensible heat storage 16
2.1.2 Latent heat storage 17
2.2 Phase change materials 17
2.2.1 Organic/biobased phase change materials 18
188.8.131.52 Advantages and disadvantages 19
184.108.40.206 Paraffin wax 19
220.127.116.11 Non-Paraffins/Bio-based 20
2.2.2 Inorganic phase change materials 20
18.104.22.168 Salt hydrates 20
22.214.171.124 Metal and metal alloy PCMs (High-temperature) 22
2.2.3 Eutectic mixtures 22
2.2.4 Encapsulation of PCMs 23
126.96.36.199 Macroencapsulation 23
188.8.131.52 Micro/nanoencapsulation 23
2.2.5 Nanomaterial phase change materials 24
3 PATENT ANALYSIS 25
4 END USER MARKETS FOR PHASE CHANGE MATERIALS 27
4.1 AEROSPACE 27
4.1.1 Coatings 27
4.1.2 Propulsion 27
4.2 AUTOMOTIVE 28
4.3 BUILDINGS AND CONSTRUCTION 29
4.3.1 Improved energy efficiency 29
4.3.2 Concrete 31
4.3.3 HVAC 31
4.4 ELECTRONICS 33
4.4.1 Thermal management and cooling 33
4.5 PACKAGING AND COLD CHAIN LOGISTICS 35
4.5.1 Temperature-controlled shipping 35
4.6 REFRIGERATION SYSTEMS 37
4.6.1 Commercial refrigeration 37
4.7 THERMAL STORAGE SYSTEMS 38
4.7.1 Water heaters 38
4.7.2 Thermal batteries for water heaters and EVs 39
4.8 TEXTILES AND APPAREL 41
4.8.1 Temperature controlled fabrics 41
4.8.2 Cooling vests 41
5 COMPANY PROFILES 44
6 RESEARCH METHODOLOGY 83
7 REFERENCES 84
Table 1. Market drivers for phase change materials. 11
Table 2. Properties of PCMs. 11
Table 3. Global revenues for phase change materials, 2019, by type. 13
Table 4. Global revenues for phase change materials, historical and estimated to 2030, by market. 14
Table 5. PCM Types and properties. 18
Table 6. Advantages and disadvantages of organic PCMs. 19
Table 7. Advantages and disadvantages of organic PCM Fatty Acids. 20
Table 8. Advantages and disadvantages of salt hydrates 21
Table 9. Advantages and disadvantages of low melting point metals. 22
Table 10. Advantages and disadvantages of eutectics. 22
Table 11. Recent PCM patents. 25
Table 12. Market assessment for PCMs in automotive-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 28
Table 13. Market assessment for PCMs in building and construction-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 32
Table 14. Market assessment for PCMs in electronics-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 33
Table 15. PCMs used in cold chain applications. 35
Table 16. Market assessment for phase change materials in packaging and cold chain logistics-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 36
Table 17. Market assessment for PCMs in refrigeration systems -market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 37
Table 18. Market assessment for PCMs in thermal storage systems-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 39
Table 19. Commercially available PCM cooling vest products. 42
Table 20. Market assessment for PCMs textiles and apparel-market age, applications, key benefits and motivation for use, market drivers and trends, market challenges. 43
Table 21. Type of PCM produced, by company. 44
Table 22. Target markets for PCMS, by company. 45
Table 23. CrodaTherm Range. 53
Figure 1. PCM mode of operation. 9
Figure 2. Applications of PCM by temperature range. 10
Figure 3. Global revenues for phase change materials, 2019- 2030, by market. 15
Figure 4. Thermal energy storage materials. 16
Figure 5. Phase Change Material transient behaviour. 17
Figure 6. Classification of PCMs. 17
Figure 7. Phase-change materials in their original states. 18