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

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

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

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.. Read More

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

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

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

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

Phase Change Material Market Size

Introduction
1. Study Objective
2. Market Taxonomy
3. Study Assumptions and Abbreviations
Research Methodology
1. Secondary Research
2. Primary Research
3. Data Triangulation
Executive Summary
1. Global Market Summary
2. Phase Change Material Market Segmentation
3. Regional Summary
4. Competitive Outlook
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
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
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)
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)
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)
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)
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)
Global Economic Scenario
1. World Economic Outlook
About Research Nester
1. Our Global Clientele
2. We Serve Clients Across World

Phase Change Material Market Size

Phase Change Material Market size is estimated at USD 1.2 Billion in 2024 and is anticipated to reach USD 5.5 Billion by the end of 2037, expanding at around 12.42% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of phase change material is estimated at USD 1.3 Billion.

The significant element driving the market revenue is the surging investment in the energy sector. As prognosticated by the International Energy Agency, close to USD 2.8 trillion was forecast to be invested in energy in 2023. Likewise, over USD 1.7 trillion was set to be invested in clean energy. As a result, the production of thermal energy is also projected to expand additionally impacting the adoption of phase change material. This is because this technology helps in gathering thermal or electrical energy from renewable sources and allows keeping it in the form of heat.

Phase Change Material Market Size

Phase Change Material Market Size

Browse Key Market Insights with Data Illustration:

Frequently Asked Questions (FAQ)

Subscribe to Our Newsletters

Phase Change Material Market Size

Phase Change Material Market Size

Browse Key Market Insights with Data Illustration:

Frequently Asked Questions (FAQ)

How big is the phase change material industry?

What is the outlook for the phase change material market?

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

Which segment will capture the significant market share for phase change material by 2037?

Which region will provide more opportunities for the phase change material business in the near future?