Companies Dominating the Phase Change Material Landscape
- Croda International plc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Honeywell International Inc.
- KANEKA CORPORATION
- Cryopak
- Microtek Laboratories, Inc.
- Pluss Advanced Technologies
- RGEES, LLC
- T-Global Technology
- Thermo Fisher Scientific Inc.
- Henkel AG & Co. KGaA
The market for phase change material is set to have a significant impact on the key players and their initiatives to promote their material in the market. These key players are investing heavily in R&D activities to expand their revenue in the competitive market which is further leading to a positive outcome on the market. Some of these key players include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
2025 Phase Change Material Market is estimated at USD 1.33 billion.
The global phase change material market size was over USD 1.21 billion in 2024 and is expected to grow at a CAGR of over 12.4%, surpassing USD 5.53 billion by 2037.
Asia Pacific is estimated to grow to USD 2.31 billion by 2037, attributed to the growing demand for smartphones and increasing penetration of mobile phones in the region.
The major players in the market include Croda International plc, Honeywell International Inc., KANEKA CORPORATION, Cryopak, and others.