UK Phase Change Materials Market, By Type

Year ORGANIC INORGANIC EUTECTIC
2019 $ 287.3 $ 157.7 $ 84.01
2020 $ 313.96 $ 173.54 $ 90.58
2021 $ 362.55 $ 201.8 $ 103.19
2022 $ 426.63 $ 239.11 $ 119.77
2023 $ 506.13 $ 285.62 $ 140.12
2024 $ 599.61 $ 340.68 $ 163.66
2025 $ 711.24 $ 406.84 $ 191.36
2026 $ 831.61 $ 478.9 $ 220.51
2027 $ 974.29 $ 564.83 $ 254.56
2028 $ 1144.66 $ 668.01 $ 294.62
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UK Phase Change Materials Market, By Type

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

Market Dynamics

phase change materials (pcm) are substances that can store and release thermal energy during the process of melting and solidifying. they are widely used in various applications including construction, energy storage, and textiles. in the uk, the demand for pcm is steadily increasing due to its numerous advantages and potential for energy efficiency. one of the key types of pcm used in the uk market is the organic pcm. these materials are derived from natural sources such as plant oils and animal fats. they have a high latent heat capacity and are capable of storing and releasing large amounts of thermal energy, making them suitable for use in buildings and homes as a means of reducing heating and cooling costs. another type of pcm that is in demand in the uk market is the inorganic pcm. these materials are typically made from salts and have a higher thermal conductivity than organic pcms. they are commonly used in energy storage systems such as thermal batteries and as a heat transfer medium in solar power systems. the demand for pcm in the uk market is also driven by the increasing focus on sustainability and reducing carbon emissions. pcm offers a viable solution for reducing energy consumption in buildings, which accounts for a significant portion of the country's carbon footprint. by using pcm in building insulation, heating and cooling systems, and thermal energy storage, the uk can achieve energy efficiency and reduce its environmental impact. the uk government has also introduced various policies and incentives to promote the use of pcm in buildings. this includes the renewable heat incentive (rhi) scheme, which offers financial support for the installation of renewable heating technologies such as pcm-based thermal energy storage systems. such initiatives are expected to further boost the demand for pcm in the uk market. in addition to buildings, pcm is also gaining traction in other industries such as textiles and transportation. in textiles, pcm is used in fabrics to regulate body temperature and improve comfort, while in transportation, it is used to enhance the efficiency of air conditioning systems in vehicles. in conclusion, the demand for pcm in the uk market is driven by its multiple benefits, including energy efficiency, sustainability, and cost-effectiveness. as the country continues to prioritize these factors, the demand for pcm is expected to grow, making it one of the key segments in the energy storage industry.

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