Phase Change Material Market - Top Companies and Manufacturers

Companies Dominating the Global Phase Change Material Market

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:

Phase Change Material Market Size, Forecast Report 2035

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

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 â€“ 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.

Phase Change Material Market - Top Companies and Manufacturers

Companies Dominating the Global Phase Change Material Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the phase change material market?

What would be the CAGR of the phase change material market over the forecast period?

Who are the major players dominating the phase change material market?

How are the company profiles selected?

What are the segments in the phase change material market?

Which segment captures the largest market size in the application segment in the phase change material market?

What are the challenges affecting the market growth?

Which region will provide more business opportunities for the growth of the phase change material market in the future?