Global Advanced Phase Change Materials (PCM) Market Size, Manufacturers, Growth Analysis Industry 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 is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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.
The China 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.
This report presents an overview of global market for Advanced Phase Change Materials (PCM), sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Advanced Phase Change Materials (PCM), also provides the sales of main regions and countries. Of the upcoming market potential for Advanced Phase Change Materials (PCM), and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Advanced Phase Change Materials (PCM) sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Advanced Phase Change Materials (PCM) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Advanced Phase Change Materials (PCM) sales, projected growth trends, production technology, application and end-user industry.
Advanced Phase Change Materials (PCM) segment by Company
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
Study Objectives1. To analyze and research the global Advanced Phase Change Materials (PCM) status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions Advanced Phase Change Materials (PCM) market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Advanced Phase Change Materials (PCM) significant trends, drivers, influence factors in global and regions.
6. To analyze Advanced Phase Change Materials (PCM) competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report1. 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 sales 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 OutlineChapter 1: Provides an overview of the Advanced Phase Change Materials (PCM) market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Advanced Phase Change Materials (PCM) industry.
Chapter 3: Detailed analysis of Advanced Phase Change Materials (PCM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales and value 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 market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Advanced Phase Change Materials (PCM) in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.