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Microencapsulated Phase Change Materials (MPCM) Market in Building and Construction—Outlook and Trends : Comfort Through Room Temperature Regulation Drives Market Growth

  • December 2014
  • 94 pages
  • Frost & Sullivan
Report ID: 2604035

Summary

Table of Contents

Key Findings

•The global microencapsulated phase change materials (MPCMs) market in building and construction was valued at $ x million in 2013; it is expected to expand at a compound annual growth rate (CAGR) of x % from 2013 to 2018.
•The need for energy savings is driving phase change material (PCM) demand because of PCMs’ energy efficiency and high performance in regulating temperatures within buildings. MPCMs’ capability to regulate room temperature without expenditure on fuel or electricity is attractive in this market.
•Research and development (R&D) for performance and cost-effectiveness must take place at 4 production stages: bulk PCM; MPCM; components such as flooring, panels, wallboards, drywall, insulation, and other building materials; and the end product that forms part of the wall or fixture that helps to maintain comfortable room temperature.
•PCM microencapsulation makes performance more consistent and predictable, as the PCM can be more uniformly distributed across an application.
•Organics (mainly paraffin and bio-based) have higher stability levels than inorganics (mainly salt hydrate and metals), enabling them to emerge as an ideal material choice.
•Paraffin is a commonly used PCM. Although a range of paraffins is available, preference of one over another depends on the intended application.
•PCMs in general are witnessing high growth globally in volume and/or revenue in building and construction applications.

Key Takeaway: Global MPCM market revenue for building and construction applications was about $ x million in 2013 and is forecast to grow at a CAGR of x % from 2013 to 2018.

Top 3 Growth Factors

Increasing acceptance of MPCMs in applications such as wallboards, ceilings, and floors will increase consumption.
Convenient slurry and dry forms of MPCMs compatible with a wide range of fabricated designs and structures encourage trials.
The need for energy savings is driving PCM demand because of their energy efficiency and high performance in regulating temperatures within buildings.

Market Snapshot

•The MPCM in building and construction trend favors bio-based PCMs with fire-resistant and lightweight properties in addition to energy efficiency.
•MPCM applications include wallboards (e.g., drywall, gypsum boards, acoustical panels, and fire retardant panels), machine applied plasters, ceiling products, flooring products, ventilation systems, dry mortar, cement mixtures, and interior and exterior coatings.

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