Materials that can store latent heat (energy released or absorbed by a material or a thermodynamic system at constant-temperature process) during the phase transition are called phase change materials (PCMs). PCMs latent heat transition can be achieved with solid-solid, solid-liquid, solid-gas, and liquid-gas phase change. However, only solid-liquid phase change is used in advanced PCMs at commercial level, since other methods required large volume and high pressure.
According to BlueWeave Consulting, the Global Advanced Phase Change Material Market is expected to grow at a significant rate during the forecast period. The Global Advanced Phase Change Material Market size was approximately valued at USD Million in the year 2018, which is projected to reach USD Million by the end of the year 2025, by growing at a CAGR of 17.66% during the forecast ... Read more