Phase Change Material Market Players:
- 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)
In the year 2026, the industry size of phase change material is assessed at USD 1.61 billion.
The global phase change material market size surpassed USD 1.38 billion in 2025 and is projected to grow at a CAGR of around 18.5%, reaching USD 7.53 billion revenue by 2035.
Asia Pacific phase change material market will hold over 39.8% share by 2035, driven by growing smartphone demand and temperature-sensitive products.
Key players in the market include Croda International Plc, Phase Change Energy Solutions, Inc., Microtek Laboratories, Inc., Henkel AG & Co. KGaA, Outlast Technologies LLC, Cryopak Industries Inc., Cold Chain Technologies, Inc., PCM Products Ltd., Pluss Advanced Technologies Pvt. Ltd., PureTemp LLC.
