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Phase Change Materials Market Share, Globe Key Updates, Demand, Size, and Industry Forecast to 2027

The global phase change materials market size is expected to experience significant growth by reaching USD ,174.8 million by 2027. This is attributable to the increasing adoption of phase change materials in manufacturing building materials and the stringent imposition of environmental laws to reduce greenhouse gases emissions globally. Fortune Business Insights, in its latest report, titled, “Phase Change Materials Market Size, Share & Industry Analysis, By Application (Building & Construction, HVAC, Thermal Energy Storage, Cold Chain Packaging, Textiles, Electronics and Others), and Regional Forecast, 2020-2027.”, mentions that the market stood at USD 1,157.6 million in 2019 and is likely to exhibit an impressive CAGR of 21.0% between 2020 and 2027. Browse Complete Report Summary@ https://www.fortunebusinessinsights.com/phase-change-materials-market-104848