Phase Change Material Market Size & Share, by Type (Inorganic, Organic); Form (Encapsulated, Non-Encapsulated); Application (Building & Construction, HVAC, Cold Chain & Packaging, Textile, Electronics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4973
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Companies Dominating the Global Phase Change Material Market

top-features-companies
    • BASF SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Microtek Laboratories Inc.
    • Thermo Fisher Scientific Inc.
    • Medifab Global Group
    • Integreon Inc.
    • Pluss Advanced Technologies B.V.
    • Thal Technologies B.V.
    • Sinomax USA Inc.
    • Rubitherm Technologies GmbH
    • Croda International Plc.
    • PureTemp LLC.
    • Honeywell International, Inc.

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • February 2023: SINOMAX USA Inc. announced the expansion of sustainable bedding and mattress solutions. These mattresses are made of bio-based phase change material, which provides cooling solutions. It has temperature-regulation technology that stabilizes the skin temperature.
  • January 2022: Honeywell International, Inc. launched the new low global warming-based refrigerant, Solstice N71 (R-471A) for the application in supermarket industry. It has non-flammable characteristics and is highly energy-efficient

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4973
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing construction of green buildings, rising use of HVAC systems, and growing global trade are the major factors driving the market growth.

The market size of phase change material is anticipated to attain a CAGR of ~19% over the forecast period, i.e., 2023 – 2035.

The major players in the market are BASF SE, Microtek Laboratories Inc., Thermo Fisher Scientific Inc., Medifab Global Group, Integreon Inc., Thal Technologies B.V., Sinomax USA Inc., Rubitherm Technologies GmbH, Croda International Plc., PureTemp LLC., and Honeywell International, Inc.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, form, application, and by region.

The cold chain & packaging segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Lack of awareness regarding the befits of PCM and the high cost of implementation PCM in old systems are estimated to be the growth hindering factors for the market expansion.

The market in the European region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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