What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

High-Temperature Phase Change Materials Market by Type (Organic, Inorganic, Bio-based), Application, Regions, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

Publish Date: May, 2019
Report ID: 385926
Category: Chemicals and Materials
Pages: 0

$4700

Global high temperature phase change materials market is expected to reach USD 1,028.47 Million by 2025, at a CAGR of 17.84% from 2018 to 2025. Growing demand from end-use applications, such as building & construction, Heating, Ventilation and Air-Conditioning (HVAC), Thermal Energy Storage (TES), cold chain & packaging are driving the global high temperature phase change materials market.

Market Overview:

Phase change materials (PCM) are substances with a high heat of fusion which, melting and solidifying at a certain temperature, are capable of storing and releasing large amounts of thermal energy. This heat is absorbed or released when the material changes from solid to liquid and vice versa. The high-temperature phase change materials are widely used in the power generation sector as well as HVAC systems. These materials help in reducing the dependence on conventional energy resources. Thus due to increasing focus on energy efficiency, the phase change materials have an important role in future.

Report Description:

The base year for the study has been considered 2017, historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025. The global high temperature phase change materials market is analysed on the basis of value (USD Million), volume (Kilotons), consumption (Kilotons), imports (Kilotons) and exports (Kilotons).
The study delivers a comprehensive analysis of global high temperature phase change materials market by type, application and regions.
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the global high temperature phase change materials market. This report incorporates the industry analysis which is focused on providing an extensive view of the high temperature phase change materials market.
The study also includes attractiveness analysis of resin type, end user industry and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
The report provides company profile of the key players operating in the high temperature phase change materials market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics:

Drivers:

Rising emphasis on the energy efficiency
Large heat storage capacity

Restrains:

High heat corrosion
Flammability

Opportunities:

Application in the solar energy sector
Increasing investment on the research and development activities

Challenges:

Lack of awareness pertaining high-temperature phase change materials

Global High Temperature Phase Change Materials Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.

Segmentation Analysis:

The global high temperature phase change materials market has been segmented on the basis of type and application.

Type segment is divided into inorganic, organic and bio-based. The inorganic high-temperature phase change materials segment emerged as the leader with a 58.73% share of market revenue in 2017. Factors such as good thermal conductivity, high latent heat of fusion, non-flammability, and low-cost properties were responsible for this increased market share.
The application is segmented into building & construction, HVAC, cold chain & packaging, thermal energy storage, textile, electronics, solar energy and others. The building and construction segment led the global high-temperature phase change materials market with a 32.57% share of market revenue in 2017. However solar energy application is anticipated to grow at an accelerated CAGR of 20.17% over the forecast period. Normal heat transfer fluids have a limited temperature range, high-temperature phase change materials are being increasingly preferred for transferring and storing the thermal energy produced by the solar energy modules.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Europe region emerged as the largest market for the high temperature phase change materials with a 38.18% share of market revenue in 2017.

Increasing emphasis on energy efficiency, rising awareness about energy conservation as well as increased funding for research on the high-temperature phase change materials led Europe region to dominate the global demand for high-temperature phase change materials in 2017.
North America region also accounted for a significant market share in 2017, owing to well-developed application industries in the region.

Global High Temperature Phase Change Materials Market Competitive Analysis:

Key players in the global high temperature phase change materials market are Laird Plc, Croda International Plc., Rubitherm Technologies GmbH, Phase Change Materials Products Ltd., Henkel AG & Company, KGaA, Advansa BV, Climator Sweden AB, Datum Phase Change Limited, Global E-Systems Europe B.V., Iolitec Ionic Liquids Technologies GmbH, BASF SE, Honeywell, Advansa, Outlast Technologies, Dow Building Solutions, Emco Klimatechnik Gmbh & Co. KG, Rgees LLC, Ciat Group, Ewald Dörken AG, and among others. To alleviate the lack of awareness regarding the applications and potential of high-temperature phase change materials, Croda International in 2018, announced the launch of CrodaTherm website. www.crodatherm.com. The new site offers improved navigation and searchability, a wider range of potential PCM applications and profiles of the CrodaTherm technical team. Visitors can register to log in and download datasheets and order samples.

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This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global high temperature phase change materials market on the basis of below mentioned segments:

Global High Temperature Phase Change Materials Market by Type:

Inorganic
Organic
Bio-Based

Global High Temperature Phase Change Materials Market by Application:

Building & Construction
HVAC
Cold Chain & Packaging
Thermal Energy Storage
Textile
Electronics
Solar Energy
Others

Global High Temperature Phase Change Materials Market by Region:

North America

The U.S.
Canada
Mexico

Europe

Germany
France
Sweden
Netherlands
U.K.
Italy
Spain
Turkey
Switzerland
Belgium
Rest of Europe

Asia-Pacific

Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific

South America

Brazil
Argentina
Colombia
Rest of South America

The Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of the Middle East and Africa

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1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends

5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising emphasis on the energy efficiency
5.2.2. Large heat storage capacity
5.3. Restraints
5.3.1. High heat corrosion
5.3.2. Flammability
5.4. Opportunities
5.4.1. Application in the solar energy sector
5.4.2. Increasing investment on the research and development activities
5.5. Challenges
5.5.1. Lack of awareness pertaining high-temperature phase change materials

6. Global High-Temperature Phase Change Materials Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Inorganic
6.3. Organic
6.4. Bio-Based

7. Global High-Temperature Phase Change Materials Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Building & Construction
7.3. HVAC
7.4. Cold Chain & Packaging
7.5. Thermal Energy Storage
7.6. Textile
7.7. Electronics
7.8. Solar Energy
7.9. Others

8. Global High-Temperature Phase Change Materials Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. Sweden
8.3.4. Netherlands
8.3.5. U.K.
8.3.6. Italy
8.3.7. Spain
8.3.8. Turkey
8.3.9. Switzerland
8.3.10. Belgium
8.3.11. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Singapore
8.4.7. Malaysia
8.4.8. Thailand
8.4.9. Indonesia
8.4.10. Philippines
8.4.11. Rest of Asia-Pacific
8.5. South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Colombia
8.5.4. Rest of South America
8.6. Middle East and Africa
8.6.1. Saudi Arabia
8.6.2. UAE
8.6.3. Egypt
8.6.4. Nigeria
8.6.5. South Africa
8.6.6. Rest of Middle East and Africa

9. Global High-Temperature Phase Change Materials Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the High-Temperature Phase Change Materials Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions

10. Company Profiles
10.1. Laird Plc
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Croda International Plc
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Rubitherm Technologies GmbH
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Phase Change Materials Products Ltd
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Henkel AG & Company
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Advansa BV
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Climator Sweden AB
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Datum Phase Change Limited
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Global E-Systems Europe B.V
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Iolitec Ionic Liquids Technologies GmbH
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. BASF SE
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Honeywell
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Outlast Technologies
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Dow Building Solutions
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Emco Klimatechnik Gmbh & Co. KG
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Rgees LLC
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Ciat Group
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. Ewald Dörken AG
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis

List of Figures

1. Global High-Temperature Phase Change Materials Market Segmentation

2. High-Temperature Phase Change Materials Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global High-Temperature Phase Change Materials Market Attractiveness Analysis By Type

9. Global High-Temperature Phase Change Materials Market Attractiveness Analysis By Application

10. Global High-Temperature Phase Change Materials Market Attractiveness Analysis By Region

11. Global High-Temperature Phase Change Materials Market: Dynamics

12. Global High-Temperature Phase Change Materials Market Share By Type (2017 & 2025)

13. Global High-Temperature Phase Change Materials Market Share By Application (2017 & 2025)

14. Global High-Temperature Phase Change Materials Market Share By Regions (2017 & 2025)

15. Global High-Temperature Phase Change Materials Market Share By Company (2018)

List of Table

1. Global High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

2. Global Inorganic High-Temperature Phase Change Materials Market, Region, 2015–2025 (USD Million) (Kilotons)

3. Global Organic High-Temperature Phase Change Materials Market, Region, 2015–2025 (USD Million) (Kilotons)

4. Global Bio-Based High-Temperature Phase Change Materials Market, Region, 2015–2025 (USD Million) (Kilotons)

5. Global High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

6. Global Building & Construction High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

7. Global HVAC High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

8. Global Cold Chain & Packaging High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

9. Global Thermal Energy Storage High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

10. Global Textiles High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

11. Global Electronics High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

12. Global Solar Energy High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

13. Global Others High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

14. Global High-Temperature Phase Change Materials Market, By Region, 2015–2025 (USD Million) (Kilotons)

15. North America High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

16. North America High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

17. U.S. High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

18. U.S. High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

19. Canada High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

20. Canada High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

21. Mexico High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

22. Mexico High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

23. Europe High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

24. Europe High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

25. Germany High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

26. Germany High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

27. France High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

28. France High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

29. Sweden High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

30. Sweden High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

31. Netherlands High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

32. Netherlands High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

33. U.K. High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

34. U.K. High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

35. Italy High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

36. Italy High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

37. Spain High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

38. Spain High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

39. Turkey High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

40. Turkey High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

41. Switzerland High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

42. Switzerland High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

43. Belgium High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

44. Belgium High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

45. Asia Pacific High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

46. Asia Pacific High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

47. Japan High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

48. Japan High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

49. China High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

50. China High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

51. India High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

52. India High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

53. South Korea High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

54. South Korea High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

55. Australia High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

56. Australia High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

57. Singapore High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

58. Singapore High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

59. Malaysia High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

60. Malaysia High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

61. Thailand High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

62. Thailand High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

63. Indonesia High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

64. Indonesia High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

65. Philippines High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

66. Philippines High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

67. South America High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

68. South America High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

69. Brazil High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

70. Brazil High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

71. Argentina High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

72. Argentina High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

73. Colombia High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

74. Colombia High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

75. Middle East and Africa High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

76. Middle East and Africa High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

77. Saudi Arabia High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

78. Saudi Arabia High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

79. UAE High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

80. UAE High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

81. Egypt High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

82. Egypt High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

83. Nigeria High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

84. Nigeria High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

85. South Africa High-Temperature Phase Change Materials Market, By Type, 2015–2025 (USD Million) (Kilotons)

86. South Africa High-Temperature Phase Change Materials Market, By Application, 2015–2025 (USD Million) (Kilotons)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Why Choose Us

ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems

Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system

Global Outreach6 Major regions and 40+ countries level analysis accomplished

Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery

Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!