2032 Vision: The Future of the Global Phase Change Material Market
Introduction: The Global Phase Change Material (PCM) Market, valued at USD 536.27 million in 2023, is projected to grow at a strong compound annual growth rate (CAGR) of 19.78%, reaching USD 2.22 billion by 2031. PCMs are substances that absorb or release latent heat when they undergo phase transitions between solid and liquid states. Due to their energy-efficient properties,...
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