North America Phase Change Materials Market, By Type

Year ORGANIC INORGANIC EUTECTIC
2019 $ 2914.59 $ 1594.24 $ 844.69
2020 $ 3216.89 $ 1768.46 $ 911.61
2021 $ 3751.83 $ 2072.84 $ 1039.17
2022 $ 4458.63 $ 2475.53 $ 1206.5
2023 $ 5341.53 $ 2980.29 $ 1411.47
2024 $ 6389.93 $ 3582.59 $ 1648.06
2025 $ 7653.29 $ 4311.59 $ 1925.66
2026 $ 9035.08 $ 5114.36 $ 2216.6
2027 $ 10687.08 $ 6078.15 $ 2555.06
2028 $ 12676.03 $ 7243.19 $ 2951.61
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North America Phase Change Materials Market, By Type

Synopsis
The above chart is North America Phase Change Materials Market, By Type

Market Dynamics

phase change materials, also known as pcm, are substances that possess the capability to store and release large amounts of thermal energy during the process of melting and solidification. these materials are gaining traction in various industries across north america due to their ability to regulate temperature, reduce energy consumption, and enhance overall efficiency. there are various types of phase change materials used in different applications, and the demand for each type is influenced by factors such as temperature range, thermal conductivity, and cost-effectiveness. let's take a closer look at some of the prominent types of phase change materials in the north america market. paraffin is one of the most commonly used phase change materials due to its low cost, high latent heat capacity, and availability in various melting points. paraffin-based pcms are widely used in building and construction industries for thermal energy storage in walls and roofs to regulate indoor temperatures. they are also used in the manufacturing of coolants and thermal storage systems in refrigerators and air conditioners due to their non-corrosive nature. salt hydrates, on the other hand, have a higher thermal conductivity and larger energy storage capacity than paraffin-based pcms. these materials are commonly used in solar heating systems, hot water storage systems, and thermal blankets for packaging of temperature-sensitive products. however, they have a higher cost compared to paraffin-based pcms, limiting their usage in certain industries. eutectic materials, such as sodium sulfate-potassium nitrate (na2so4-kno3) and calcium chloride (cacl2)-sodium chloride (nacl), are a combination of two or more substances with lower melting and freezing points than their individual components. eutectic materials are used in the form of pellets, slurry, or capsules for energy storage and temperature regulation in heating and cooling systems in buildings and vehicles. lastly, bio-based phase change materials are gaining traction in the market due to their eco-friendly and sustainable characteristics. these materials are derived from renewable sources such as vegetable oils and fatty acids and are used in solar heating systems, packaging materials, and clothing for thermal regulation. in conclusion, the demand for various types of phase change materials in north america is expected to rise due to the increasing awareness about energy efficiency and sustainability. the continuous research and development in this field are also leading to the development of new and advanced pcm materials, which will further drive the market growth in the region.

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