Global Advanced Phase Change Materials (PCM) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Advanced Phase Change Materials (PCM) Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Phase change materials (PCMs) are substances with a high enthalpy of fusion, also known as latent heat, meaning they can store large quantities of heat energy as they change phase. When melting, they absorb heat and maintain the temperature of the environment at a certain value until completely molten. When the temperature of the environment falls below the crystallisation temperature, the PCM will start to solidify, releasing large quantities of heat and maintaining the temperature until completely solid.
Latent heat storage can be achieved through liquid–>solid, solid–>liquid, solid–>gas and liquid–>gas phase changes. However, only solid–>liquid and liquid–>solid phase changes are practical for PCMs. Although liquid–gas transitions have a higher heat of transformation than solid–liquid transitions, liquid->gas phase changes are impractical for thermal storage because large volumes or high pressures are required to store the materials in their gas phase. Solid–solid phase changes are typically very slow and have a relatively low heat of transformation.
Phase change materials are products that release or absorb heat when they change from one phase to another (usually from solid to liquid or vice versa). These materials store thermal energy in the form of latent heat, which is released when they freeze or crystallize and absorbed when they melt at their respective melting/freezing temperature points. Hence, they are used in a broad range of applications that require thermal control and management.
Based on the technology of the material used, advanced PCM are broadly categorized as inorganic PCM, organic PCM and Bio-based PCM.

According to APO Research, The global Advanced Phase Change Materials (PCM) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Advanced Phase Change Materials (PCM) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Advanced Phase Change Materials (PCM) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Advanced Phase Change Materials (PCM) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Advanced Phase Change Materials (PCM) include BASF, Honeywell, Cryopak, Entropy Solutions Inc., Climator Sweden AB, Phase Change Energy Solutions, Outlast Technologies, Dow Building Solutions and Chemours Company, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Advanced Phase Change Materials (PCM), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Advanced Phase Change Materials (PCM).
The Advanced Phase Change Materials (PCM) market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Advanced Phase Change Materials (PCM) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

BASF
Honeywell
Cryopak
Entropy Solutions Inc.
Climator Sweden AB
Phase Change Energy Solutions
Outlast Technologies
Dow Building Solutions
Chemours Company
PCM Energy Ltd
Rubitherm Technologies GmbH
Advanced Phase Change Materials (PCM) segment by Type

Organic
Inorganic
Bio-Based
Advanced Phase Change Materials (PCM) segment by Application

Building & Construction
Refrigeration
Consumer Goods
Others
Advanced Phase Change Materials (PCM) Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Advanced Phase Change Materials (PCM) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Advanced Phase Change Materials (PCM) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Advanced Phase Change Materials (PCM).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Advanced Phase Change Materials (PCM) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Advanced Phase Change Materials (PCM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Advanced Phase Change Materials (PCM) Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Advanced Phase Change Materials (PCM) Sales Estimates and Forecasts (2019-2030)
1.3 Advanced Phase Change Materials (PCM) Market by Type
1.3.1 Organic
1.3.2 Inorganic
1.3.3 Bio-Based
1.4 Global Advanced Phase Change Materials (PCM) Market Size by Type
1.4.1 Global Advanced Phase Change Materials (PCM) Market Size Overview by Type (2019-2030)
1.4.2 Global Advanced Phase Change Materials (PCM) Historic Market Size Review by Type (2019-2024)
1.4.3 Global Advanced Phase Change Materials (PCM) Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2019-2024)
1.5.2 Europe Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Advanced Phase Change Materials (PCM) Industry Trends
2.2 Advanced Phase Change Materials (PCM) Industry Drivers
2.3 Advanced Phase Change Materials (PCM) Industry Opportunities and Challenges
2.4 Advanced Phase Change Materials (PCM) Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Advanced Phase Change Materials (PCM) Revenue (2019-2024)
3.2 Global Top Players by Advanced Phase Change Materials (PCM) Sales (2019-2024)
3.3 Global Top Players by Advanced Phase Change Materials (PCM) Price (2019-2024)
3.4 Global Advanced Phase Change Materials (PCM) Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Advanced Phase Change Materials (PCM) Key Company Manufacturing Sites & Headquarters
3.6 Global Advanced Phase Change Materials (PCM) Company, Product Type & Application
3.7 Global Advanced Phase Change Materials (PCM) Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Advanced Phase Change Materials (PCM) Market CR5 and HHI
3.8.2 Global Top 5 and 10 Advanced Phase Change Materials (PCM) Players Market Share by Revenue in 2023
3.8.3 2023 Advanced Phase Change Materials (PCM) Tier 1, Tier 2, and Tier 3
4 Advanced Phase Change Materials (PCM) Regional Status and Outlook
4.1 Global Advanced Phase Change Materials (PCM) Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Advanced Phase Change Materials (PCM) Historic Market Size by Region
4.2.1 Global Advanced Phase Change Materials (PCM) Sales in Volume by Region (2019-2024)
4.2.2 Global Advanced Phase Change Materials (PCM) Sales in Value by Region (2019-2024)
4.2.3 Global Advanced Phase Change Materials (PCM) Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Advanced Phase Change Materials (PCM) Forecasted Market Size by Region
4.3.1 Global Advanced Phase Change Materials (PCM) Sales in Volume by Region (2025-2030)
4.3.2 Global Advanced Phase Change Materials (PCM) Sales in Value by Region (2025-2030)
4.3.3 Global Advanced Phase Change Materials (PCM) Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Advanced Phase Change Materials (PCM) by Application
5.1 Advanced Phase Change Materials (PCM) Market by Application
5.1.1 Building & Construction
5.1.2 Refrigeration
5.1.3 Consumer Goods
5.1.4 Others
5.2 Global Advanced Phase Change Materials (PCM) Market Size by Application
5.2.1 Global Advanced Phase Change Materials (PCM) Market Size Overview by Application (2019-2030)
5.2.2 Global Advanced Phase Change Materials (PCM) Historic Market Size Review by Application (2019-2024)
5.2.3 Global Advanced Phase Change Materials (PCM) Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2019-2024)
5.3.2 Europe Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 BASF
6.1.1 BASF Comapny Information
6.1.2 BASF Business Overview
6.1.3 BASF Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.1.4 BASF Advanced Phase Change Materials (PCM) Product Portfolio
6.1.5 BASF Recent Developments
6.2 Honeywell
6.2.1 Honeywell Comapny Information
6.2.2 Honeywell Business Overview
6.2.3 Honeywell Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Honeywell Advanced Phase Change Materials (PCM) Product Portfolio
6.2.5 Honeywell Recent Developments
6.3 Cryopak
6.3.1 Cryopak Comapny Information
6.3.2 Cryopak Business Overview
6.3.3 Cryopak Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Cryopak Advanced Phase Change Materials (PCM) Product Portfolio
6.3.5 Cryopak Recent Developments
6.4 Entropy Solutions Inc.
6.4.1 Entropy Solutions Inc. Comapny Information
6.4.2 Entropy Solutions Inc. Business Overview
6.4.3 Entropy Solutions Inc. Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Entropy Solutions Inc. Advanced Phase Change Materials (PCM) Product Portfolio
6.4.5 Entropy Solutions Inc. Recent Developments
6.5 Climator Sweden AB
6.5.1 Climator Sweden AB Comapny Information
6.5.2 Climator Sweden AB Business Overview
6.5.3 Climator Sweden AB Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Climator Sweden AB Advanced Phase Change Materials (PCM) Product Portfolio
6.5.5 Climator Sweden AB Recent Developments
6.6 Phase Change Energy Solutions
6.6.1 Phase Change Energy Solutions Comapny Information
6.6.2 Phase Change Energy Solutions Business Overview
6.6.3 Phase Change Energy Solutions Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Phase Change Energy Solutions Advanced Phase Change Materials (PCM) Product Portfolio
6.6.5 Phase Change Energy Solutions Recent Developments
6.7 Outlast Technologies
6.7.1 Outlast Technologies Comapny Information
6.7.2 Outlast Technologies Business Overview
6.7.3 Outlast Technologies Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Outlast Technologies Advanced Phase Change Materials (PCM) Product Portfolio
6.7.5 Outlast Technologies Recent Developments
6.8 Dow Building Solutions
6.8.1 Dow Building Solutions Comapny Information
6.8.2 Dow Building Solutions Business Overview
6.8.3 Dow Building Solutions Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Dow Building Solutions Advanced Phase Change Materials (PCM) Product Portfolio
6.8.5 Dow Building Solutions Recent Developments
6.9 Chemours Company
6.9.1 Chemours Company Comapny Information
6.9.2 Chemours Company Business Overview
6.9.3 Chemours Company Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Chemours Company Advanced Phase Change Materials (PCM) Product Portfolio
6.9.5 Chemours Company Recent Developments
6.10 PCM Energy Ltd
6.10.1 PCM Energy Ltd Comapny Information
6.10.2 PCM Energy Ltd Business Overview
6.10.3 PCM Energy Ltd Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.10.4 PCM Energy Ltd Advanced Phase Change Materials (PCM) Product Portfolio
6.10.5 PCM Energy Ltd Recent Developments
6.11 Rubitherm Technologies GmbH
6.11.1 Rubitherm Technologies GmbH Comapny Information
6.11.2 Rubitherm Technologies GmbH Business Overview
6.11.3 Rubitherm Technologies GmbH Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Rubitherm Technologies GmbH Advanced Phase Change Materials (PCM) Product Portfolio
6.11.5 Rubitherm Technologies GmbH Recent Developments
7 North America by Country
7.1 North America Advanced Phase Change Materials (PCM) Sales by Country
7.1.1 North America Advanced Phase Change Materials (PCM) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Advanced Phase Change Materials (PCM) Sales by Country (2019-2024)
7.1.3 North America Advanced Phase Change Materials (PCM) Sales Forecast by Country (2025-2030)
7.2 North America Advanced Phase Change Materials (PCM) Market Size by Country
7.2.1 North America Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Advanced Phase Change Materials (PCM) Market Size by Country (2019-2024)
7.2.3 North America Advanced Phase Change Materials (PCM) Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Advanced Phase Change Materials (PCM) Sales by Country
8.1.1 Europe Advanced Phase Change Materials (PCM) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Advanced Phase Change Materials (PCM) Sales by Country (2019-2024)
8.1.3 Europe Advanced Phase Change Materials (PCM) Sales Forecast by Country (2025-2030)
8.2 Europe Advanced Phase Change Materials (PCM) Market Size by Country
8.2.1 Europe Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Advanced Phase Change Materials (PCM) Market Size by Country (2019-2024)
8.2.3 Europe Advanced Phase Change Materials (PCM) Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Advanced Phase Change Materials (PCM) Sales by Country
9.1.1 Asia-Pacific Advanced Phase Change Materials (PCM) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Advanced Phase Change Materials (PCM) Sales by Country (2019-2024)
9.1.3 Asia-Pacific Advanced Phase Change Materials (PCM) Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Advanced Phase Change Materials (PCM) Market Size by Country
9.2.1 Asia-Pacific Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Advanced Phase Change Materials (PCM) Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Advanced Phase Change Materials (PCM) Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Advanced Phase Change Materials (PCM) Sales by Country
10.1.1 Latin America Advanced Phase Change Materials (PCM) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Advanced Phase Change Materials (PCM) Sales by Country (2019-2024)
10.1.3 Latin America Advanced Phase Change Materials (PCM) Sales Forecast by Country (2025-2030)
10.2 Latin America Advanced Phase Change Materials (PCM) Market Size by Country
10.2.1 Latin America Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Advanced Phase Change Materials (PCM) Market Size by Country (2019-2024)
10.2.3 Latin America Advanced Phase Change Materials (PCM) Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Advanced Phase Change Materials (PCM) Sales by Country
11.1.1 Middle East and Africa Advanced Phase Change Materials (PCM) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Advanced Phase Change Materials (PCM) Sales by Country (2019-2024)
11.1.3 Middle East and Africa Advanced Phase Change Materials (PCM) Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Advanced Phase Change Materials (PCM) Market Size by Country
11.2.1 Middle East and Africa Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Advanced Phase Change Materials (PCM) Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Advanced Phase Change Materials (PCM) Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Advanced Phase Change Materials (PCM) Value Chain Analysis
12.1.1 Advanced Phase Change Materials (PCM) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Advanced Phase Change Materials (PCM) Production Mode & Process
12.2 Advanced Phase Change Materials (PCM) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Advanced Phase Change Materials (PCM) Distributors
12.2.3 Advanced Phase Change Materials (PCM) Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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