Phase Change Material Market - Top Companies and Manufacturers

  • Report ID: 4973
  • Published Date: Jun 14, 2024
  • Report Format: PDF, PPT
  1. Introduction
    1. Study Objective
    2. Market Taxonomy
    3. Study Assumptions and Abbreviations
  2. Research Methodology
    1. Secondary Research
    2. Primary Research
    3. Data Triangulation
  3. Executive Summary
    1. Global Market Summary
    2. Phase Change Material Market Segmentation
    3. Regional Summary
    4. Competitive Outlook
  4. Global Industry Overview (1/2)
    1. Market Overview
    2. Market Segmentation
    3. Regional Synopsis
    4. DROT
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Trends
    5. Government Regulation
    6. Competitive Landscape
      1. Croda International plc
      2. Honeywell International Inc.
      3. KANEKA CORPORATION
      4. Cryopak
      5. Microtek Laboratories, Inc.
      6. Pluss Advanced Technologies
      7. RGEES, LLC
      8. T-Global Technology
      9. Thermo Fisher Scientific Inc.
      10. Henkel AG & Co. KGaA
    7. Industry Supply Chain Analysis
    8. Ongoing Technological Advancement
    9. Pricing and Benchmarking Analysis
    10. SWOT Analysis
    11. Porter Five Forces Analysis
    12. Patent Analysis
    13. Industry Risk Assessment
    14. Growth Outlook
  5. Global Outlook and Projections
    1. Global Overview
    2. Market Value (USD Million), Volume (Thousand Tons), Current and Future Projections, 2024-2037
    3. Increment $ Opportunity Assessment, 2024-2037
    4. Year-on-Year Growth Forecast (%)
    5. Global Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million), & Volume (Thousand Tons)
      2. Inorganic
      3. Organic
      4. Eutectic
    6. Application, Value (USD Million)
      1. HVAC
      2. Waste Heat Recovery
      3. Clothing
      4. Others
    7. End-Use Industry, Value (USD Million)
      1. Building and Construction
      2. Packaging
      3. Textile
      4. Electronics
      5. Others
    8. Regional Synopsis (USD Million), Volume (Thousand Tons), 2024-2037
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East and Africa
  6. North America Market
    1. Overview
      1. Market Value (USD Million), Volume (Thousand Tons), Current and Future Projections, 2024-2037
      2. Year-on-Year Growth Forecast (%)
    2. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million), & Volume (Thousand Tons)
        1. Inorganic
        2. Organic
        3. Eutectic
      2. Application, Value (USD Million)
        1. HVAC
        2. Waste Heat Recovery
        3. Clothing
        4. Others
      3. End-Use Industry, Value (USD Million)
        1. Building and Construction
        2. Packaging
        3. Textile
        4. Electronics
        5. Others
      4. Country Level Analysis
        1. US, (USD Million), (Thousand Tons)
        2. Canada, (USD Million), (Thousand Tons)
  7. Europe Market
    1. Overview
    2. Market Value (USD Million), Volume (Thousand Tons), Current and Future Projections, 2024-2037
    3. Year-on-Year Growth Forecast (%)
    4. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million), & Volume (Thousand Tons)
        1. Inorganic
        2. Organic
        3. Eutectic
      2. Application, Value (USD Million)
        1. HVAC
        2. Waste Heat Recovery
        3. Clothing
        4. Others
      3. End-Use Industry, Value (USD Million)
        1. Building and Construction
        2. Packaging
        3. Textile
        4. Electronics
        5. Others
      4. Country Level Analysis
        1. UK, (USD Million), (Thousand Tons)
        2. Germany, (USD Million), (Thousand Tons)
        3. France, (USD Million), (Thousand Tons)
        4. Italy, (USD Million), (Thousand Tons)
        5. Spain, (USD Million), (Thousand Tons)
        6. NORDIC, (USD Million), (Thousand Tons)
        7. Russia, (USD Million), (Thousand Tons)
        8. Rest of Europe, (USD Million), (Thousand Tons)
  8. Asia Pacific Market
    1. Overview
    2. Market Value (USD Million), Volume (Thousand Tons), Current and Future Projections, 2024-2037
    3. Year-on-Year Growth Forecast (%)
    4. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million), & Volume (Thousand Tons)
        1. Inorganic
        2. Organic
        3. Eutectic
      2. Application, Value (USD Million)
        1. HVAC
        2. Waste Heat Recovery
        3. Clothing
        4. Others
      3. End-Use Industry, Value (USD Million)
        1. Building and Construction
        2. Packaging
        3. Textile
        4. Electronics
        5. Others
      4. Country Level Analysis
        1. China, (USD Million), (Thousand Tons)
        2. Japan, (USD Million), (Thousand Tons)
        3. India, (USD Million), (Thousand Tons)
        4. Australia, (USD Million), (Thousand Tons)
        5. Singapore, (USD Million), (Thousand Tons)
        6. Malaysia, (USD Million), (Thousand Tons)
        7. Thailand, (USD Million), (Thousand Tons)
        8. Vietnam, (USD Million), (Thousand Tons)
        9. South Korea, (USD Million), (Thousand Tons)
        10. Rest of Asia Pacific, (USD Million), (Thousand Tons)
  9. Latin America Market
    1. Overview
    2. Market Value (USD Million), Volume (Thousand Tons), Current and Future Projections, 2024-2037
    3. Year-on-Year Growth Forecast (%)
    4. Segmentation (USD Million), 2024-2037, By
      1.  Type, Value (USD Million), & Volume (Thousand Tons)
        1. Inorganic
        2. Organic
        3. Eutectic
      2. Application, Value (USD Million)
        1. HVAC
        2. Waste Heat Recovery
        3. Clothing
        4. Others
      3. End-Use Industry, Value (USD Million)
        1. Building and Construction
        2. Packaging
        3. Textile
        4. Electronics
        5. Others
      4. Country Level Analysis
        1. Brazil, (USD Million), (Thousand Tons)
        2. Argentina, (USD Million), (Thousand Tons)
        3. Mexico, (USD Million), (Thousand Tons)
        4. Rest of Latin America, (USD Million), (Thousand Tons)
  10. Middle East and Africa Market
    1. Overview
    2. Market Value (USD Million), Volume (Thousand Tons), Current and Future Projections, 2024-2037
    3. Year-on-Year Growth Forecast (%)
    4. Segmentation (USD Million), 2024-2037, By
      1. Type, Value (USD Million), & Volume (Thousand Tons)
        1. Inorganic
        2. Organic
        3. Eutectic
      2. Application, Value (USD Million)
        1. HVAC
        2. Waste Heat Recovery
        3. Clothing
        4. Others
      3. End-Use Industry, Value (USD Million)
        1. Building and Construction
        2. Packaging
        3. Textile
        4. Electronics
        5. Others
      4. Country Level Analysis
        1. GCC, (USD Million), (Thousand Tons)
        2. Israel, (USD Million), (Thousand Tons)
        3. South Africa, (USD Million), (Thousand Tons)
        4. Rest of Middle East & Africa, (USD Million), (Thousand Tons)
  11. Global Economic Scenario
    1. World Economic Outlook
  12. About Research Nester
    1. Our Global Clientele
    2. We Serve Clients Across World

Companies Dominating the Phase Change Material Landscape

    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:

    • 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

Browse Key Market Insights with Data Illustration:

In the News

  • Kaneka Corporation has manufactured the sheet-shaped phase change material referred to as PATTHERMOTM Sheet, constructed from a specialized plastic phase change material. 
  • Pluss Advanced Technology announced the launch of its Form-Stable PCM at LogiPharma 2024 in Lyon. This innovation offers a notable advancement in pharmaceutical logistics, providing unparalleled versatility and product safety.

Author Credits:  Rajrani Baghel


  • Report ID: 4973
  • Published Date: Jun 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of phase change material was over USD 1.2 billion.

The market size for phase change material is predicted to cross USD 5.5 billion by the end of 2036 expanding at a CAGR of 12.42% during the forecast period i.e., between 2025-2037.

The major players in the market are Croda International plc, Honeywell International Inc., KANEKA CORPORATION, Cryopak, and others.

The organic segment is anticipated to garner a share of USD 2.87 billion during 2025-2037.

The Asia Pacific phase change material sector is poised to capture USD 2.3 billion in revenue by the end of 2037.
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