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Advanced Phase Change Materials (PCM)-Global Market Insights and Sales Trends 2025

Advanced Phase Change Materials (PCM)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1826042

No of Pages : 107

Synopsis
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.
The global Advanced Phase Change Materials (PCM) market size is expected to reach US$ 3261.1 million by 2029, growing at a CAGR of 11.9% from 2023 to 2029. The market is mainly driven by the significant applications of Advanced Phase Change Materials (PCM) in various end use industries. The expanding demands from the Building & Construction, Refrigeration, Consumer Goods and Others, are propelling Advanced Phase Change Materials (PCM) market. Organic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Inorganic segment is estimated at % CAGR for the next seven-year period.
Currently, The industry concentration is not high, the technical barriers and financial barriers of Advanced Phase Change Materials (PCM) are also not high. The companies in the world that produce Advanced Phase Change Materials (PCM) mainly concentrate in China, India, Southeast Asia, Europe, Japan and USA. Raw materials are also concentrated in these regions. In particular, as the market leader in Advanced Phase Change Materials (PCM), BASF take the global market share of about 9%, other key manufacturers include Honeywell, Cryopak Entropy Solutions Inc., Climator Sweden AB, Phase Change Energy Solutions, Outlast Technologies, Dow Building Solutions, Chemours Company, PCM Energy Ltd and Rubitherm.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Advanced Phase Change Materials (PCM), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Advanced Phase Change Materials (PCM) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Advanced Phase Change Materials (PCM) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Advanced Phase Change Materials (PCM) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Advanced Phase Change Materials (PCM) covered in this report include BASF, Honeywell, Cryopak, Entropy Solutions Inc., Climator Sweden AB, Phase Change Energy Solutions, Outlast Technologies, Dow Building Solutions and Chemours Company, etc.
The global Advanced Phase Change Materials (PCM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Advanced Phase Change Materials (PCM) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Advanced Phase Change Materials (PCM) market, Segment by Type:
Organic
Inorganic
Bio-Based
Global Advanced Phase Change Materials (PCM) market, by Application
Building & Construction
Refrigeration
Consumer Goods
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: 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 Three: 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 Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Advanced Phase Change Materials (PCM) Market Overview
1.1 Advanced Phase Change Materials (PCM) Product Overview
1.2 Advanced Phase Change Materials (PCM) Market Segment by Type
1.2.1 Organic
1.2.2 Inorganic
1.2.3 Bio-Based
1.3 Global Advanced Phase Change Materials (PCM) Market Size by Type
1.3.1 Global Advanced Phase Change Materials (PCM) Market Size Overview by Type (2018-2029)
1.3.2 Global Advanced Phase Change Materials (PCM) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Advanced Phase Change Materials (PCM) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Advanced Phase Change Materials (PCM) Sales Breakdown by Type (2018-2023)
2 Global Advanced Phase Change Materials (PCM) Market Competition by Company
2.1 Global Top Players by Advanced Phase Change Materials (PCM) Sales (2018-2023)
2.2 Global Top Players by Advanced Phase Change Materials (PCM) Revenue (2018-2023)
2.3 Global Top Players by Advanced Phase Change Materials (PCM) Price (2018-2023)
2.4 Global Top Manufacturers Advanced Phase Change Materials (PCM) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Advanced Phase Change Materials (PCM) Market Competitive Situation and Trends
2.5.1 Advanced Phase Change Materials (PCM) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Advanced Phase Change Materials (PCM) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Advanced Phase Change Materials (PCM) as of 2022)
2.7 Date of Key Manufacturers Enter into Advanced Phase Change Materials (PCM) Market
2.8 Key Manufacturers Advanced Phase Change Materials (PCM) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Advanced Phase Change Materials (PCM) Status and Outlook by Region
3.1 Global Advanced Phase Change Materials (PCM) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Advanced Phase Change Materials (PCM) Historic Market Size by Region
3.2.1 Global Advanced Phase Change Materials (PCM) Sales in Volume by Region (2018-2023)
3.2.2 Global Advanced Phase Change Materials (PCM) Sales in Value by Region (2018-2023)
3.2.3 Global Advanced Phase Change Materials (PCM) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Advanced Phase Change Materials (PCM) Forecasted Market Size by Region
3.3.1 Global Advanced Phase Change Materials (PCM) Sales in Volume by Region (2024-2029)
3.3.2 Global Advanced Phase Change Materials (PCM) Sales in Value by Region (2024-2029)
3.3.3 Global Advanced Phase Change Materials (PCM) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Advanced Phase Change Materials (PCM) by Application
4.1 Advanced Phase Change Materials (PCM) Market Segment by Application
4.1.1 Building & Construction
4.1.2 Refrigeration
4.1.3 Consumer Goods
4.1.4 Others
4.2 Global Advanced Phase Change Materials (PCM) Market Size by Application
4.2.1 Global Advanced Phase Change Materials (PCM) Market Size Overview by Application (2018-2029)
4.2.2 Global Advanced Phase Change Materials (PCM) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Advanced Phase Change Materials (PCM) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Advanced Phase Change Materials (PCM) Sales Breakdown by Application (2018-2023)
5 North America Advanced Phase Change Materials (PCM) by Country
5.1 North America Advanced Phase Change Materials (PCM) Historic Market Size by Country
5.1.1 North America Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Advanced Phase Change Materials (PCM) Sales in Volume by Country (2018-2023)
5.1.3 North America Advanced Phase Change Materials (PCM) Sales in Value by Country (2018-2023)
5.2 North America Advanced Phase Change Materials (PCM) Forecasted Market Size by Country
5.2.1 North America Advanced Phase Change Materials (PCM) Sales in Volume by Country (2024-2029)
5.2.2 North America Advanced Phase Change Materials (PCM) Sales in Value by Country (2024-2029)
6 Europe Advanced Phase Change Materials (PCM) by Country
6.1 Europe Advanced Phase Change Materials (PCM) Historic Market Size by Country
6.1.1 Europe Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Advanced Phase Change Materials (PCM) Sales in Volume by Country (2018-2023)
6.1.3 Europe Advanced Phase Change Materials (PCM) Sales in Value by Country (2018-2023)
6.2 Europe Advanced Phase Change Materials (PCM) Forecasted Market Size by Country
6.2.1 Europe Advanced Phase Change Materials (PCM) Sales in Volume by Country (2024-2029)
6.2.2 Europe Advanced Phase Change Materials (PCM) Sales in Value by Country (2024-2029)
7 Asia-Pacific Advanced Phase Change Materials (PCM) by Region
7.1 Asia-Pacific Advanced Phase Change Materials (PCM) Historic Market Size by Region
7.1.1 Asia-Pacific Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Advanced Phase Change Materials (PCM) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Advanced Phase Change Materials (PCM) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Advanced Phase Change Materials (PCM) Forecasted Market Size by Region
7.2.1 Asia-Pacific Advanced Phase Change Materials (PCM) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Advanced Phase Change Materials (PCM) Sales in Value by Region (2024-2029)
8 Latin America Advanced Phase Change Materials (PCM) by Country
8.1 Latin America Advanced Phase Change Materials (PCM) Historic Market Size by Country
8.1.1 Latin America Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Advanced Phase Change Materials (PCM) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Advanced Phase Change Materials (PCM) Sales in Value by Country (2018-2023)
8.2 Latin America Advanced Phase Change Materials (PCM) Forecasted Market Size by Country
8.2.1 Latin America Advanced Phase Change Materials (PCM) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Advanced Phase Change Materials (PCM) Sales in Value by Country (2024-2029)
9 Middle East and Africa Advanced Phase Change Materials (PCM) by Country
9.1 Middle East and Africa Advanced Phase Change Materials (PCM) Historic Market Size by Country
9.1.1 Middle East and Africa Advanced Phase Change Materials (PCM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Advanced Phase Change Materials (PCM) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Advanced Phase Change Materials (PCM) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Advanced Phase Change Materials (PCM) Forecasted Market Size by Country
9.2.1 Middle East and Africa Advanced Phase Change Materials (PCM) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Advanced Phase Change Materials (PCM) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Advanced Phase Change Materials (PCM) Products Offered
10.1.5 BASF Recent Development
10.2 Honeywell
10.2.1 Honeywell Company Information
10.2.2 Honeywell Introduction and Business Overview
10.2.3 Honeywell Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Honeywell Advanced Phase Change Materials (PCM) Products Offered
10.2.5 Honeywell Recent Development
10.3 Cryopak
10.3.1 Cryopak Company Information
10.3.2 Cryopak Introduction and Business Overview
10.3.3 Cryopak Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Cryopak Advanced Phase Change Materials (PCM) Products Offered
10.3.5 Cryopak Recent Development
10.4 Entropy Solutions Inc.
10.4.1 Entropy Solutions Inc. Company Information
10.4.2 Entropy Solutions Inc. Introduction and Business Overview
10.4.3 Entropy Solutions Inc. Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Entropy Solutions Inc. Advanced Phase Change Materials (PCM) Products Offered
10.4.5 Entropy Solutions Inc. Recent Development
10.5 Climator Sweden AB
10.5.1 Climator Sweden AB Company Information
10.5.2 Climator Sweden AB Introduction and Business Overview
10.5.3 Climator Sweden AB Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Climator Sweden AB Advanced Phase Change Materials (PCM) Products Offered
10.5.5 Climator Sweden AB Recent Development
10.6 Phase Change Energy Solutions
10.6.1 Phase Change Energy Solutions Company Information
10.6.2 Phase Change Energy Solutions Introduction and Business Overview
10.6.3 Phase Change Energy Solutions Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Phase Change Energy Solutions Advanced Phase Change Materials (PCM) Products Offered
10.6.5 Phase Change Energy Solutions Recent Development
10.7 Outlast Technologies
10.7.1 Outlast Technologies Company Information
10.7.2 Outlast Technologies Introduction and Business Overview
10.7.3 Outlast Technologies Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Outlast Technologies Advanced Phase Change Materials (PCM) Products Offered
10.7.5 Outlast Technologies Recent Development
10.8 Dow Building Solutions
10.8.1 Dow Building Solutions Company Information
10.8.2 Dow Building Solutions Introduction and Business Overview
10.8.3 Dow Building Solutions Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dow Building Solutions Advanced Phase Change Materials (PCM) Products Offered
10.8.5 Dow Building Solutions Recent Development
10.9 Chemours Company
10.9.1 Chemours Company Company Information
10.9.2 Chemours Company Introduction and Business Overview
10.9.3 Chemours Company Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chemours Company Advanced Phase Change Materials (PCM) Products Offered
10.9.5 Chemours Company Recent Development
10.10 PCM Energy Ltd
10.10.1 PCM Energy Ltd Company Information
10.10.2 PCM Energy Ltd Introduction and Business Overview
10.10.3 PCM Energy Ltd Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 PCM Energy Ltd Advanced Phase Change Materials (PCM) Products Offered
10.10.5 PCM Energy Ltd Recent Development
10.11 Rubitherm Technologies GmbH
10.11.1 Rubitherm Technologies GmbH Company Information
10.11.2 Rubitherm Technologies GmbH Introduction and Business Overview
10.11.3 Rubitherm Technologies GmbH Advanced Phase Change Materials (PCM) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Rubitherm Technologies GmbH Advanced Phase Change Materials (PCM) Products Offered
10.11.5 Rubitherm Technologies GmbH Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Advanced Phase Change Materials (PCM) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Advanced Phase Change Materials (PCM) Industrial Chain Analysis
11.4 Advanced Phase Change Materials (PCM) Market Dynamics
11.4.1 Advanced Phase Change Materials (PCM) Industry Trends
11.4.2 Advanced Phase Change Materials (PCM) Market Drivers
11.4.3 Advanced Phase Change Materials (PCM) Market Challenges
11.4.4 Advanced Phase Change Materials (PCM) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Advanced Phase Change Materials (PCM) Distributors
12.3 Advanced Phase Change Materials (PCM) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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