UK Phase Change Materials Market, By End-user

Year BIOPHARMACEUTICAL COMPANIES HOSPITALS MEDICAL LABORATORIES OTHERS
2019 $ 224.19 $ 161.08 $ 106.59 $ 37.14
2020 $ 246.26 $ 175.96 $ 115.96 $ 39.89
2021 $ 285.84 $ 203.13 $ 133.31 $ 45.26
2022 $ 338.08 $ 238.95 $ 156.16 $ 52.31
2023 $ 403.13 $ 283.38 $ 184.42 $ 60.94
2024 $ 480.0 $ 335.6 $ 217.48 $ 70.87
2025 $ 572.23 $ 397.94 $ 256.78 $ 82.49
2026 $ 672.43 $ 465.12 $ 298.86 $ 94.62
2027 $ 791.73 $ 544.74 $ 348.51 $ 108.7
2028 $ 934.79 $ 639.77 $ 407.55 $ 125.17
  • To Get Uninterrupted Charts Access Please Subscribe
  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • View access to 2 million data
UK Phase Change Materials Market, By End-user

Synopsis
The above chart is UK Phase Change Materials Market, By End-user

Market Dynamics

the uk phase change materials (pcm) market is witnessing a rapid growth and demand from various end-users across the country. these materials have gained significant importance due to their ability to store and release thermal energy, making them highly desirable in the energy and construction sectors, among others. one of the primary end-users driving the demand for pcm in the uk is the construction industry. pcm is being used in building insulation systems, which helps regulate the temperature inside buildings. this not only improves the overall energy efficiency of buildings but also helps reduce energy costs for end-users. with the uk government's focus on promoting sustainable and energy-efficient construction practices, the demand for pcm is expected to further increase in the coming years. another major end-user of pcm in the uk is the energy sector. pcm is being increasingly used in thermal energy storage systems, which can store excess energy generated during off-peak hours and release it during peak demand periods. this helps in improving the efficiency of the energy grid and reduces the need for additional power plants. with the uk's increasing focus on renewable energy sources, the demand for pcm in the energy sector is expected to grow significantly in the future. the transportation sector is also emerging as a significant end-user of pcm in the uk. pcm is being used in thermal management systems for electric vehicles, which helps maintain a consistent temperature inside the battery and ensures maximum performance. with the uk government's plans to ban the sale of new gasoline and diesel vehicles by 2030, the demand for pcm in the transportation sector is expected to witness significant growth. moreover, the healthcare and pharmaceutical sectors are also driving the demand for pcm in the uk. pcm is being used in temperature-sensitive medical products to maintain their efficacy during storage and transportation. with the growing demand for medical supplies and vaccines, the need for pcm in these industries is expected to increase in the coming years. in addition to these major end-users, applications of pcm in other industries such as textiles, aerospace, and electronics are also contributing to the overall demand for pcm in the uk. the increasing awareness about the benefits of pcm and the government initiatives to promote sustainable practices are expected to further boost the demand for pcm in various end-user industries in the uk.

Further Content:You might find this interesting as well

Industries List

OTHER STATISTICS ON THE TOPIC

No Simillar Charts
SINGLE SEAT SOLUTIONS FOR INDIVIDUALS AND SMALL BUSINESSES
Efficient research: Relevant data available at a click

Starter Account

$49 USD/month

* Billed Annually

  • Download XLS, PNG & PPT
  • View Access to 1 Million Data
  • View Access to Entire Platform

Single User Account

$599 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Download XLS, PNG & PPT
  • View access to 2 million data
  • View Access to Entire Platform

Business Account

$899 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • Suggestive request box to accommodate new markets during subscription period
  • Access to the entire data & statistics with download rights for up to 10000 Premium statistics per 12 months without publication rights
  • View Access to Entire Platform
CONTACT

Closebutton

Stay Ahead with Exclusive Data!

Subscribe Now to Access Our Market Research Platform,and Charts
for B2B and B2C Industries. Empower Your Business with Insights