Global Phase Change Materials Market, 2025-2033
Description
Global Phase Change Materials Market, valued at USD 2.3 billion in 2024, is forecasted to expand to USD 6.8 billion by 2033, achieving a robust CAGR of 12.8% over the 2025-2033 timeframe. This vigorous progression is fueled by intensifying calls for thermal regulation in green architecture with annual sustainable builds topping USD 200 billion, amplified use in temperature-controlled logistics for perishables, and pioneering bio-derived and microencapsulated variants boosting stability and application scope. The arena has gathered steam since 2023, bolstered by renewable energy integrations and a 15% uplift in eco-efficient formulations as of October 2024, alongside a 14% growth in eco-PCM deployments in Europe's power storage by April 2025. Notable shifts feature the prevalence of organic compounds for their tunable melting points, encapsulated structures for leak-proof durability, and construction sectors leading in passive climate control, with HVAC and packaging close behind for adaptive uses. Promising horizons encompass urban expansions in Asia Pacific nations like India for budget-friendly inorganic shifts in textiles, North American plant-sourced innovations for automotive thermal management, and European regulatory-aligned eutectics for pharmaceutical preservation. Yet, setbacks such as steep encapsulation expenses curbing reach in cost-aware zones like Latin America, cycle fatigue in prolonged exposures, and approval lags for safety standards remain pivotal concerns. Europe captures over 35% of the landscape, powered by Germany's efficiency policies and renewable drives, whereas Asia Pacific advances quickest at 14.0% CAGR, catalyzed by cold chain booms in China.
Focused delineations allow for precise tactics across categories, structures, utilizations, sectors, and locales. Categories stress organic for flexibility, structures prioritize encapsulated for containment, utilizations center on building & construction for innovation, and sectors underscore energy storage for sustainable utility, with zonal traits-Asia Pacific for velocity, Europe for command, and North America for bioactive progress.
Market Segmentation:
By Type:
Organic (Paraffins, Non-Paraffins)
Inorganic (Salt Hydrates, Metallic Alloys)
Eutectics
Bio-based
By Form:
Encapsulated
Non-Encapsulated
By Application:
Building & Construction
HVAC
Cold Chain & Packaging
Textiles
Electronics
Automotive
Healthcare
Others
By End-Use Industry:
Construction
Energy Storage
Food & Beverage
Pharmaceutical & Life Sciences
Textile & Apparel
Others
By Region:
North America (United States, Canada, Others)
Europe (United Kingdom, Germany, France, Italy, Spain, Others)
Asia Pacific (China, Japan, India, South Korea, Australia, Others)
Latin America (Brazil, Others)
Middle East & Africa (United Arab Emirates, Others)
Please note - Delivery Timeline: 2-3 Business Days
Focused delineations allow for precise tactics across categories, structures, utilizations, sectors, and locales. Categories stress organic for flexibility, structures prioritize encapsulated for containment, utilizations center on building & construction for innovation, and sectors underscore energy storage for sustainable utility, with zonal traits-Asia Pacific for velocity, Europe for command, and North America for bioactive progress.
Market Segmentation:
By Type:
Organic (Paraffins, Non-Paraffins)
Inorganic (Salt Hydrates, Metallic Alloys)
Eutectics
Bio-based
By Form:
Encapsulated
Non-Encapsulated
By Application:
Building & Construction
HVAC
Cold Chain & Packaging
Textiles
Electronics
Automotive
Healthcare
Others
By End-Use Industry:
Construction
Energy Storage
Food & Beverage
Pharmaceutical & Life Sciences
Textile & Apparel
Others
By Region:
North America (United States, Canada, Others)
Europe (United Kingdom, Germany, France, Italy, Spain, Others)
Asia Pacific (China, Japan, India, South Korea, Australia, Others)
Latin America (Brazil, Others)
Middle East & Africa (United Arab Emirates, Others)
Please note - Delivery Timeline: 2-3 Business Days
Table of Contents
280 Pages
- Research Objective
- MARKET SEGMENTATION
- Scope of the Study
- Key Questions Answered in the Report
- Chapter 1 Research Methodology
- 1.1 Research Objective
- 1.2 Market Research Process
- 1.2.1 Data Procurement and Data Mining
- 1.2.2 Data Analysis and Standardization
- 1.2.3 Data Processing and Market Formulation
- 1.2.4 Data Validation
- 1.3 Market Research Approach
- 1.3.1 Residential Research
- 1.3.2 Commercial Research
- 1.3.3 Assumptions & Limitations
- 1.4 Year Considered for the Study
- Chapter 2 Executive Summary
- 2.1 Global Phase Change Materials Market Snapshot
- 2.2 Global Phase Change Materials Market
- Chapter 3 Market Variables and Scope
- 3.1 Introduction to Phase Change Materials
- 3.2 Classification and Scope
- Chapter 4 Market Dynamics and Trends
- 4.1 Global Phase Change Materials Market Dynamics
- 4.2 Global Phase Change Materials Market Dynamics, Impact Analysis
- 4.3 Market Drivers
- 4.3.1 Driver 1
- 4.3.2 Driver 2
- 4.4 Market Restraints
- 4.4.1 Restraint 1
- 4.4.2 Restraint 2
- 4.5 Market Opportunity
- 4.5.1 Opportunity 1
- 4.5.2 Opportunity 2
- Chapter 5 Premium Insights
- 5.1 Porter’s Five Forces Analysis
- 5.1.1 Bargaining Power of Suppliers
- 5.1.2 Bargaining Power of Buyers
- 5.1.3 Threat of Substitute Types
- 5.1.4 Rivalry among Existing Firms
- 5.1.5 Threat of New Entrants
- 5.2 Supply Chain Analysis
- 5.3 Market Share Analysis of Key Players, 2024
- 5.4 Market Entry Strategy Assessment
- 5.5 Strategic Recommendation for Stakeholders
- Chapter 6 Global Phase Change Materials Market, By Type
- 6.1 Global Phase Change Materials Market, By Type, 2025 - 2033
- 6.2 Organic
- 6.2.1 Paraffins
- 6.2.2 Non-Paraffins
- 6.3 Inorganic
- 6.3.1 Salt Hydrates
- 6.3.2 Metallic Alloys
- 6.4 Eutectics
- 6.5 Bio-based
- Chapter 7 Global Phase Change Materials Market, By Form
- 7.1 Global Phase Change Materials Market, By Form, 2025 - 2033
- 7.2 Encapsulated
- 7.3 Non-Encapsulated
- Chapter 8 Global Phase Change Materials Market, By Application
- 8.1 Global Phase Change Materials Market, By Application, 2025 - 2033
- 8.2 Building & Construction
- 8.3 HVAC
- 8.4 Cold Chain & Packaging
- 8.5 Textiles
- 8.6 Electronics
- 8.7 Automotive
- 8.8 Healthcare
- 8.9 Others
- Chapter 9 Global Phase Change Materials Market, By End-Use Industry
- 9.1 Global Phase Change Materials Market, By End-Use Industry, 2025 - 2033
- 9.2 Construction
- 9.3 Energy Storage
- 9.4 Food & Beverage
- 9.5 Pharmaceutical & Life Sciences
- 9.6 Textile & Apparel
- 9.7 Others
- Chapter 10 Global Phase Change Materials Market, By Region
- 10.1 Overview
- 10.2 North America
- 10.2.1 North America Phase Change Materials Market, By Country
- 10.2.2 North America Phase Change Materials Market, By Type
- 10.2.3 North America Phase Change Materials Market, By Form
- 10.2.4 North America Phase Change Materials Market, By Application
- 10.2.5 North America Phase Change Materials Market, By End-Use Industry
- 10.2.6 United States
- 10.2.6.1 United States Phase Change Materials Market, By Type
- 10.2.6.2 United States Phase Change Materials Market, By Form
- 10.2.6.3 United States Phase Change Materials Market, By Application
- 10.2.6.4 United States Phase Change Materials Market, By End-Use Industry
- 10.2.7 Canada
- 10.2.7.1 Canada Phase Change Materials Market, By Type
- 10.2.7.2 Canada Phase Change Materials Market, By Form
- 10.2.7.3 Canada Phase Change Materials Market, By Application
- 10.2.7.4 Canada Phase Change Materials Market, By End-Use Industry
- 10.2.8 Others
- 10.2.8.1 Others Phase Change Materials Market, By Type
- 10.2.8.2 Others Phase Change Materials Market, By Form
- 10.2.8.3 Others Phase Change Materials Market, By Application
- 10.2.8.4 Others Phase Change Materials Market, By End-Use Industry
- 10.3 Europe
- 10.3.1 Europe Phase Change Materials Market, By Country
- 10.3.2 Europe Phase Change Materials Market, By Type
- 10.3.3 Europe Phase Change Materials Market, By Form
- 10.3.4 Europe Phase Change Materials Market, By Application
- 10.3.5 Europe Phase Change Materials Market, By End-Use Industry
- 10.3.6 United Kingdom
- 10.3.6.1 United Kingdom Phase Change Materials Market, By Type
- 10.3.6.2 United Kingdom Phase Change Materials Market, By Form
- 10.3.6.3 United Kingdom Phase Change Materials Market, By Application
- 10.3.6.4 United Kingdom Phase Change Materials Market, By End-Use Industry
- 10.3.7 Germany
- 10.3.7.1 Germany Phase Change Materials Market, By Type
- 10.3.7.2 Germany Phase Change Materials Market, By Form
- 10.3.7.3 Germany Phase Change Materials Market, By Application
- 10.3.7.4 Germany Phase Change Materials Market, By End-Use Industry
- 10.3.8 France
- 10.3.8.1 France Phase Change Materials Market, By Type
- 10.3.8.2 France Phase Change Materials Market, By Form
- 10.3.8.3 France Phase Change Materials Market, By Application
- 10.3.8.4 France Phase Change Materials Market, By End-Use Industry
- 10.3.9 Italy
- 10.3.9.1 Italy Phase Change Materials Market, By Type
- 10.3.9.2 Italy Phase Change Materials Market, By Form
- 10.3.9.3 Italy Phase Change Materials Market, By Application
- 10.3.9.4 Italy Phase Change Materials Market, By End-Use Industry
- 10.3.10 Spain
- 10.3.10.1 Spain Phase Change Materials Market, By Type
- 10.3.10.2 Spain Phase Change Materials Market, By Form
- 10.3.10.3 Spain Phase Change Materials Market, By Application
- 10.3.10.4 Spain Phase Change Materials Market, By End-Use Industry
- 10.3.11 Others
- 10.3.11.1 Others Phase Change Materials Market, By Type
- 10.3.11.2 Others Phase Change Materials Market, By Form
- 10.3.11.3 Others Phase Change Materials Market, By Application
- 10.3.11.4 Others Phase Change Materials Market, By End-Use Industry
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Phase Change Materials Market, By Country
- 10.4.2 Asia Pacific Phase Change Materials Market, By Type
- 10.4.3 Asia Pacific Phase Change Materials Market, By Form
- 10.4.4 Asia Pacific Phase Change Materials Market, By Application
- 10.4.5 Asia Pacific Phase Change Materials Market, By End-Use Industry
- 10.4.6 China
- 10.4.6.1 China Phase Change Materials Market, By Type
- 10.4.6.2 China Phase Change Materials Market, By Form
- 10.4.6.3 China Phase Change Materials Market, By Application
- 10.4.6.4 China Phase Change Materials Market, By End-Use Industry
- 10.4.7 Japan
- 10.4.7.1 Japan Phase Change Materials Market, By Type
- 10.4.7.2 Japan Phase Change Materials Market, By Form
- 10.4.7.3 Japan Phase Change Materials Market, By Application
- 10.4.7.4 Japan Phase Change Materials Market, By End-Use Industry
- 10.4.8 India
- 10.4.8.1 India Phase Change Materials Market, By Type
- 10.4.8.2 India Phase Change Materials Market, By Form
- 10.4.8.3 India Phase Change Materials Market, By Application
- 10.4.8.4 India Phase Change Materials Market, By End-Use Industry
- 10.4.9 South Korea
- 10.4.9.1 South Korea Phase Change Materials Market, By Type
- 10.4.9.2 South Korea Phase Change Materials Market, By Form
- 10.4.9.3 South Korea Phase Change Materials Market, By Application
- 10.4.9.4 South Korea Phase Change Materials Market, By End-Use Industry
- 10.4.10 Australia
- 10.4.10.1 Australia Phase Change Materials Market, By Type
- 10.4.10.2 Australia Phase Change Materials Market, By Form
- 10.4.10.3 Australia Phase Change Materials Market, By Application
- 10.4.10.4 Australia Phase Change Materials Market, By End-Use Industry
- 10.4.11 Others
- 10.4.11.1 Others Phase Change Materials Market, By Type
- 10.4.11.2 Others Phase Change Materials Market, By Form
- 10.4.11.3 Others Phase Change Materials Market, By Application
- 10.4.11.4 Others Phase Change Materials Market, By End-Use Industry
- 10.5 Latin America
- 10.5.1 Latin America Phase Change Materials Market, By Country
- 10.5.2 Latin America Phase Change Materials Market, By Type
- 10.5.3 Latin America Phase Change Materials Market, By Form
- 10.5.4 Latin America Phase Change Materials Market, By Application
- 10.5.5 Latin America Phase Change Materials Market, By End-Use Industry
- 10.5.6 Brazil
- 10.5.6.1 Brazil Phase Change Materials Market, By Type
- 10.5.6.2 Brazil Phase Change Materials Market, By Form
- 10.5.6.3 Brazil Phase Change Materials Market, By Application
- 10.5.6.4 Brazil Phase Change Materials Market, By End-Use Industry
- 10.5.7 Others
- 10.5.7.1 Others Phase Change Materials Market, By Type
- 10.5.7.2 Others Phase Change Materials Market, By Form
- 10.5.7.3 Others Phase Change Materials Market, By Application
- 10.5.7.4 Others Phase Change Materials Market, By End-Use Industry
- 10.6 Middle East and Africa (MEA)
- 10.6.1 Middle East and Africa (MEA) Phase Change Materials Market, By Country
- 10.6.2 Middle East and Africa (MEA) Phase Change Materials Market, By Type
- 10.6.3 Middle East and Africa (MEA) Phase Change Materials Market, By Form
- 10.6.4 Middle East and Africa (MEA) Phase Change Materials Market, By Application
- 10.6.5 Middle East and Africa (MEA) Phase Change Materials Market, By End-Use Industry
- 10.6.6 United Arab Emirates
- 10.6.6.1 United Arab Emirates Phase Change Materials Market, By Type
- 10.6.6.2 United Arab Emirates Phase Change Materials Market, By Form
- 10.6.6.3 United Arab Emirates Phase Change Materials Market, By Application
- 10.6.6.4 United Arab Emirates Phase Change Materials Market, By End-Use Industry
- 10.6.7 Others
- 10.6.7.1 Others Phase Change Materials Market, By Type
- 10.6.7.2 Others Phase Change Materials Market, By Form
- 10.6.7.3 Others Phase Change Materials Market, By Application
- 10.6.7.4 Others Phase Change Materials Market, By End-Use Industry
- Chapter 11 Competitive Landscape
- 11.1 Strategic Move Analysis
- 11.1.1 Top Player Positioning/Market Share Analysis
- 11.1.2 Top Winning Strategies, By Year, 2021-2024
- 11.1.3 Competitive Analysis by Revenue, 2022-2024
- 11.2 Recent Developments by the Market Participants (2024-25)
- Chapter 12 Company Profiles
- 12.1 Croda International Plc
- 12.1.1 Company Snapshot
- 12.1.2 Company Overview
- 12.1.3 Financial Performance
- 12.1.4 Product Portfolio
- 12.1.5 Strategic Growth
- 12.2 Microtek Laboratories Inc.
- 12.2.1 Company Snapshot
- 12.2.2 Company Overview
- 12.2.3 Financial Performance
- 12.2.4 Product Portfolio
- 12.2.5 Strategic Growth
- 12.3 Phase Change Energy Solutions
- 12.3.1 Company Snapshot
- 12.3.2 Company Overview
- 12.3.3 Financial Performance
- 12.3.4 Product Portfolio
- 12.3.5 Strategic Growth
- 12.4 PureTemp LLC
- 12.4.1 Company Snapshot
- 12.4.2 Company Overview
- 12.4.3 Financial Performance
- 12.4.4 Product Portfolio
- 12.4.5 Strategic Growth
- 12.5 Henkel AG & Co. KGaA
- 12.5.1 Company Snapshot
- 12.5.2 Company Overview
- 12.5.3 Financial Performance
- 12.5.4 Product Portfolio
- 12.5.5 Strategic Growth
- 12.6 Outlast Technologies LLC
- 12.6.1 Company Snapshot
- 12.6.2 Company Overview
- 12.6.3 Financial Performance
- 12.6.4 Product Portfolio
- 12.6.5 Strategic Growth
- 12.7 Sasol Limited
- 12.7.1 Company Snapshot
- 12.7.2 Company Overview
- 12.7.3 Financial Performance
- 12.7.4 Product Portfolio
- 12.7.5 Strategic Growth
- 12.8 BASF SE
- 12.8.1 Company Snapshot
- 12.8.2 Company Overview
- 12.8.3 Financial Performance
- 12.8.4 Product Portfolio
- 12.8.5 Strategic Growth
- 12.9 Pluss Advanced Technologies Pvt. Ltd.
- 12.9.1 Company Snapshot
- 12.9.2 Company Overview
- 12.9.3 Financial Performance
- 12.9.4 Product Portfolio
- 12.9.5 Strategic Growth
- 12.10 Rubitherm Technologies GmbH
- 12.10.1 Company Snapshot
- 12.10.2 Company Overview
- 12.10.3 Financial Performance
- 12.10.4 Product Portfolio
- 12.10.5 Strategic Growth
- 12.11 PCM Energy Pvt. Ltd.
- 12.11.1 Company Snapshot
- 12.11.2 Company Overview
- 12.11.3 Financial Performance
- 12.11.4 Product Portfolio
- 12.11.5 Strategic Growth
- 12.12 Climator Sweden AB
- 12.12.1 Company Snapshot
- 12.12.2 Company Overview
- 12.12.3 Financial Performance
- 12.12.4 Product Portfolio
- 12.12.5 Strategic Growth
- 12.13 Honeywell International Inc.
- 12.13.1 Company Snapshot
- 12.13.2 Company Overview
- 12.13.3 Financial Performance
- 12.13.4 Product Portfolio
- 12.13.5 Strategic Growth
- 12.14 Cold Chain Technologies Inc.
- 12.14.1 Company Snapshot
- 12.14.2 Company Overview
- 12.14.3 Financial Performance
- 12.14.4 Product Portfolio
- 12.14.5 Strategic Growth
- 12.15 Phase Change Products Pty Ltd
- 12.15.1 Company Snapshot
- 12.15.2 Company Overview
- 12.15.3 Financial Performance
- 12.15.4 Product Portfolio
- 12.15.5 Strategic Growth
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