Rubber Market 2017 – 2024 Expecting Worldwide Growth.

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Rubber Market Demand, Supply, Growth Forecast
By 2017 2024
Rubber Market Size, Industry Analysis Report,
Regional Outlook (U.S., Canada, UK, Germany,
France, Italy, Russia, Spain, China, India,
Japan, Australia, Brazil, Mexico, GCC, South
Africa), Application Development Potential, Price
Trends, Competitive Market Share Forecast, 2016
2024
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Global Market Scenario of Phase Change Material
Market

• The phase change material market is predicted to
  witness a massive growth from 2017 to 2024.
• The growth is attributed by its extensive
  application such as building, and construction,
  HVAC, refrigeration and energy storage
  accompanied by rising packaging application for
  food beverage industry is driving the market
  over forecast period.
• Phase change material offers thermal management
  solution, as they can store and realise thermal
  energy during melting and freezing process, hence
  heat energy is engrossed or released once the
  material changes, like solid to liquid form and
  the other way around.
• It has wide range of application few of these
  are thermal protection to electronic devices,
  computer cooling, solar power plant etc.
• The market is driven by stringent government
  regulation limiting the emission of greenhouse
  gas, which is increasing the application of phase
  change material.
• Followed by wide range of application in various
  fabrics such as space suits to keep astronauts
  cool and comfortable and flame-resistant fabric
  for improve the thermal protection capability of
  the clothing majorly used by firefighters and
  defence military administrative which is
  enhancing the market growth over the coming
  years.

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Market Research Reports Key Analytical Components
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• Product Analysis-
• Building and construction application segment
  holds the major share of phase change material in
  terms of volume consumed. It is implemented to
  keep the house comfortable, by providing cooling
  effect in summer by absorbing heat and delayed
  heat release at night helps them to keep the room
  warm. Thus, its incredible properties are
  favouring extensive application of this material
  in construction and building industry is driving
  the global phase change material market. Further
  increasing application of phase change material
  in transportation industry for refrigerated
  trucks is likely to augment market growth over
  coming years.
• Regional Trends-
• Europe is leading the global phase change market
  and predicted to grow at a reasonable CAGR by the
  end of the forecast period. This market is highly
  driven by stringent government regulation which
  implements rules regarding handling of
  temperature sensitive product that is
  contributing toward market growth over the
  forecast timeframe.
• North America is predicted to have the largest
  share by the end of 2024. The region is majorly
  driven by U.S due to rising demand for
  environment friendly buildings and energy
  conservation among consumer. Asia Pacific is also
  projected to be one of the fasted growing region,
  rapid industrialization and increasing
  application by end-user industries in developing
  economies like China and India are some of the
  factors which is anticipated to drive the Asia
  Pacific market in the coming years.

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• Some of the primary players in the market include
  BASF SE, Parker Hannifin Corporation, Ai
  Technology Inc., Climator Sweden Ab., Croda
  International Plc, Shin-Etsu Chemical Co., Ltd.,
  Cosella-Dörken Products Inc, Datum Phase Change
  Ltd., Vesture Corporation, Dow Corning, Entropy
  Solutions Llc, E. I. Du Pont De Nemours (Dupont),
  Schoeller Textiles Ag, Phase Change Energy
  Solutions Inc. (Pces), Pcm Products Ltd, Pluss
  Polymers Pvt. Ltd., Henkel Ag Co, TCP Reliable
  Inc., Shenzhen Aochuan Technology Co., Ltd,
  Rubitherm Technologies Ltd., National Gypsum
  Company, Outlast Technologies Llc and Kgaa,
  Microtek Laboratories, Inc.

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Latest Research Report On Phase Change Material
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