UK Phase Change Materials Market, By Equipment

Year REFRIGERATORS COLD BOXES CARRIERS
2019 $ 261.43 $ 188.11 $ 79.46
2020 $ 286.9 $ 204.87 $ 86.31
2021 $ 332.7 $ 235.77 $ 99.06
2022 $ 393.15 $ 276.5 $ 115.86
2023 $ 468.36 $ 326.9 $ 136.61
2024 $ 557.16 $ 385.94 $ 160.84
2025 $ 663.63 $ 456.21 $ 189.61
2026 $ 779.14 $ 531.57 $ 220.31
2027 $ 916.57 $ 620.61 $ 256.49
2028 $ 1081.25 $ 726.59 $ 299.45
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UK Phase Change Materials Market, By Equipment

Synopsis
The above chart is UK Phase Change Materials Market, By Equipment

Market Dynamics

phase change materials (pcms) are substances that have the ability to store and release large amounts of thermal energy when undergoing a physical transition, such as melting or solidification. these materials have become increasingly important in various industries, including construction, energy, healthcare, and transportation, due to their ability to improve energy efficiency, reduce carbon emissions, and enhance thermal comfort. the uk market for phase change materials is expected to witness significant growth in the coming years, driven by the rising demand for energy-efficient solutions and government initiatives to reduce carbon emissions. however, the market growth is not solely dependent on the demand for pcms, but also on the equipment used to incorporate these materials into different applications. one of the major equipment used for the incorporation of pcms is the thermal energy storage (tes) system. tes systems are designed to store thermal energy through the use of pcms and release it when needed. these systems are widely used in buildings for space heating and cooling purposes, as they can significantly reduce energy consumption. with the increasing focus on sustainability and energy efficiency in the construction sector, the demand for tes systems is expected to drive the growth of the pcm market in the uk. another equipment that plays a crucial role in the demand for pcms is the refrigeration and air conditioning (rac) system. pcms are increasingly being used in rac systems, as they can reduce energy consumption and provide better thermal comfort. in addition, government regulations mandating the use of eco-friendly refrigerants and materials is also expected to drive the demand for pcms in the rac sector. besides buildings and rac systems, the transportation sector is also a significant contributor to the demand for pcms and related equipment. the use of pcms in vehicles can help in reducing fuel consumption and emissions, thereby supporting the government's stringent emission norms. in the uk, the green transportation movement has gained significant traction, leading to the adoption of pcms and equipment such as heat storage tanks and heat exchangers. in conclusion, the demand for pcms in the uk market is heavily reliant on the equipment used for its incorporation. the growing emphasis on energy efficiency and sustainability in various sectors is expected to drive the demand for pcms and related equipment in the coming years. as the trend towards greener and more sustainable solutions continues to grow, the market for pcms and related equipment is expected to witness significant growth in the uk.

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