– Microencapsulated phase change materials can help regulate room temperature without fuel or electricity
MOUNTAIN VIEW, Calif., Feb. 4, 2015 /PRNewswire/ — Use of microencapsulated phase change materials (MPCMs) in global building and construction is accelerating, while energy efficiency regulations mount globally. MPCMs can help regulate room temperature without using fuel or energy, a primary reason this technology is quickly gaining popularity.
New analysis from Frost & Sullivan, Microencapsulated Phase Change Materials (MPCM) Market in Building and Construction—Outlook and Trends finds that the market earned revenues of $56.0 million in 2013 and estimates this to reach $111.4 million in 2018.
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"MPCMs can provide thermal mass in buildings on a smaller scale of material mass and weight while regulating temperature comfort, making them suitable in compact and lightweight building structures," said Frost & Sullivan Chemicals and Materials Principal Analyst Raghu Tantry. "Focus on green buildings has also increased the range of applications for construction products incorporating MPCM."
Market growth will depend primarily on how suitable new MPCM technologies are for commercialization. Investments in research and development (R&D) will be critical, and addressing development roadblocks will slow down time to market.
Deficiencies in testing standards and measurements add to the challenge. Integration of PCM into building and construction products has generated need for new standards and test measurements. Further, development of better testing methods is expected to take time.
Organic MPCMs cost much more than inorganic PCMs, which deters potential users from incorporating MPCMs in their products. Other factors affecting uptake include fire safety concerns over the use of paraffin waxes as PCMs, and stringent regulatory and environmental controls on materials for construction.
"Establishing alliances with technology providers and architects could help develop the MPCM portfolio quickly for completed projects and foster a deeper understanding of customer needs in specific markets," recommended Tantry. "Offering technical support and customer service too will be paramount for MPCM suppliers to succeed in this market."
Microencapsulated Phase Change Materials (MPCM) Market in Building and Construction—Outlook and Trends is a Market Insight that is part of the Chemicals & Materials Growth Partnership Service program. This market insight analyzes MPCMs as incorporated into building and construction components such as gypsum boards, insulation panels, wallboards and other building materials.
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Microencapsulated Phase Change Materials (MPCM) Market in Building and Construction—Outlook and Trends
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