Global Phase Change Material (PCM) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Phase Change Material (PCM) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A phase change material (PCM) is a substance with a high heat of fusion which, melting and solidifying at a certain temperature, is capable of storing and releasing large amounts of energy. Heat is absorbed or released when the material changes from solid to liquid and vice versa; thus, PCMs are classified as latent heat storage (LHS) units.

According to our (Global Info Research) latest study, the global Phase Change Material (PCM) market size was valued at US$ 1218 million in 2023 and is forecast to a readjusted size of USD 2656 million by 2030 with a CAGR of 11.9% during review period.

Key players operating in the Phase Change Material market are Henkel AG & Company, Honeywell, Croda International, Sasol Germany GmbH, Microtek Laboratories Inc, etc. Top 5 companies accouted for a combined market share about 42% of the world total. Henkel AG & Company, with a share of 17%, was the largest manufacturer among those companies. Europe is now the world"s biggest producer and largest exporter of Phase Change Material, with approximately 31% of the global share.

This report is a detailed and comprehensive analysis for global Phase Change Material (PCM) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Phase Change Material (PCM) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/KG), 2019-2030

Global Phase Change Material (PCM) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/KG), 2019-2030

Global Phase Change Material (PCM) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/KG), 2019-2030

Global Phase Change Material (PCM) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/KG), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Phase Change Material (PCM)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Phase Change Material (PCM) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Henkel AG & Company, Honeywell, Croda International, Sasol Germany GmbH, Microtek Laboratories Inc, DuPont and Dow, Parker, Laird PLC, Phase Change Energy Solutions, Cryopak, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Phase Change Material (PCM) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Organic
Inorganic
Bio-based

Market segment by Application
Building & Construction
Refrigeration & Logistics
Textile
Electronics
Others

Major players covered
Henkel AG & Company
Honeywell
Croda International
Sasol Germany GmbH
Microtek Laboratories Inc
DuPont and Dow
Parker
Laird PLC
Phase Change Energy Solutions
Cryopak
SGL Carbon
Rubitherm Technologies GmbH
Cold Chain Technologies, Inc
PLUSS Advanced Technologies
Outlast Technologies

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Phase Change Material (PCM) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Phase Change Material (PCM), with price, sales quantity, revenue, and global market share of Phase Change Material (PCM) from 2019 to 2024.

Chapter 3, the Phase Change Material (PCM) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Phase Change Material (PCM) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Phase Change Material (PCM) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Phase Change Material (PCM).

Chapter 14 and 15, to describe Phase Change Material (PCM) sales channel, distributors, customers, research findings and conclusion.