Previously in 2018, the global phase change material (PCM) market size was valued at USD xx million and estimated to project a value of USD xx million in 2025 with a CAGR of x.x% during the forecast period. Visit For More Information @ https://www.adroitmarketresearch.com/industry-reports/phase-change-material-market Phase Change material (PCM) is a substance material with a high heat of fusion which, melting and solidifying at a certain temperature, is capable of storing and releasing energy in large amount. The PCM’s are classified as latent heat storage (LHS) units as the heat is absorbed or released when the material changes from solid to liquid or vice-versa. The PCM’s are increasingly used in the logistics and cold chain, electronic applications, buildings textiles and others. Temperature controlled packaging based on PCMs is used for transporting life-saving drugs and pharmaceuticals and perishable foods. This is uplifting the market of the PCM’s. Geographically, folic acid market is primarily segmented into region such as Middle East and Africa, Western Europe, North America, Japan, Asia-Pacific, and Latin America. Asia Pacific is estimated to witness a major share in the folic acid market during the current period. Due to the high market share of Asia Pacific region, the market is experiencing the same demand from China, India, and Japan. North America is expected to be second largest market share all over the globe during the forecast period resulting to the efficient consumption of folic acid due to the high health benefits. Leading players in the global folic acid market include D SM N.V., Emcure Pharmaceuticals Ltd., Zydus Pharmaceutical Ltd., Medicamen Biotech Ltd., BA SF SE, Jiangi Tianxin Pharmaceuticals Co. Ltd., and more others.