Advanced Phase Change Materials PCM Global Strategic Business Report Now Available: Market Set to Nearly Triple From $2.1B in 2024 to $6.3B by 2030 as Building, Energy Storage and Cold Chain Demand Accelerates Adoption of Thermal Regulation Technology

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Opportunities center on energy-efficient buildings and HVAC, renewable thermal storage, cold-chain packaging and temperature-regulating textiles. Bio-based and high-performance composite PCMs offer added potential as sustainability rules and demand strengthen.

Dublin, Sept. 11, 2026 (GLOBE NEWSWIRE) -- "Advanced Phase Change Materials (PCM) - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Advanced Phase Change Materials (PCM) was valued at US$2.1 Billion in 2024 and is projected to reach US$6.3 Billion by 2030, growing at a CAGR of 19.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Advanced Phase Change Materials (PCM) market.

Global Advanced Phase Change Materials (PCM) Market - Key Trends & Drivers Summarized

Advanced Phase Change Materials (PCMs) are substances with a high capacity to store and release heat during phase transitions between solid and liquid states. These materials are designed to absorb, store, or release large amounts of energy while maintaining a relatively constant temperature. Commonly used PCMs include paraffin waxes, fatty acids, and salt hydrates, which are selected based on their melting point, thermal conductivity, density, and stability. The utility of PCMs spans across various industries such as building and construction, HVAC (heating, ventilation, and air conditioning), textiles, and energy storage, where they are used to enhance energy efficiency by regulating temperature variations in environments and systems.

The application of advanced PCMs is particularly transformative in the building and construction sector and energy storage systems. In buildings, PCMs are incorporated into walls, floors, and roofs to absorb excess heat during the day and release it at night, thus stabilizing indoor temperatures and reducing reliance on conventional heating and cooling systems. This not only improves comfort but also significantly cuts down energy costs and carbon emissions. In energy systems, PCMs are used to regulate the temperature and efficiency of thermal energy storage systems, including solar power plants where they help in managing the heat derived from solar energy. Additionally, the textile industry has seen innovations with PCMs being embedded in fabrics to create garments that maintain comfortable body temperatures, hence enhancing wearer comfort in varying climatic conditions.

The growth in the Advanced Phase Change Materials market is driven by several factors, including technological advancements, increased environmental awareness, and stringent regulatory policies aimed at reducing energy consumption and greenhouse gas emissions. Innovations in material science have led to the development of bio-based PCMs and enhanced composite materials that offer better thermal stability, higher heat storage capacity, and reduced cost. The growing demand for sustainable building solutions and renewable energy sources has also propelled the use of PCMs in green buildings and renewable energy projects. Additionally, consumer behavior trends towards energy-efficient and sustainable products are further influencing the adoption of PCMs in various end-use sectors.

Report Scope

The report analyzes the Advanced Phase Change Materials (PCM) market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.

  • Segments: Type (Organic, Inorganic); Application (Building & Construction, HVAC, Cold Chain & Packaging, Thermal Energy Storage, Textiles, Other Applications).
  • Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Organic PCM segment, which is expected to reach US$2 Billion by 2030 with a CAGR of 18.2%. The Inorganic PCM segment is also set to grow at 20.8% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at $749.7 Million in 2024, and China, forecasted to grow at an impressive 21.3% CAGR to reach $812 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Advanced Phase Change Materials (PCM) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Advanced Phase Change Materials (PCM) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Advanced Phase Change Materials (PCM) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as Honeywell International, Inc., Croda International PLC, AI Technology, Inc., Boyd Corporation, KERAFOL Keramische Folien GmbH & Co. KG and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 55 companies featured in this Advanced Phase Change Materials (PCM) market report include:

  • Honeywell International, Inc.
  • Croda International PLC
  • AI Technology, Inc.
  • Boyd Corporation
  • KERAFOL Keramische Folien GmbH & Co. KG
  • Climator Sweden AB
  • Cold Chain Technologies
  • Cryopak
  • Encapsys LLC
  • Iolitec-Ionic Liquids Technologies GmbH
  • Acuro Organics Limited
  • Insolcorp, Inc.
  • CIAT Group
  • Inmark, LLC
  • Axiotherm

This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:

  • Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
  • Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis from 2015 to 2023.
  • Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
  • Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
  • Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
  • Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.

Key Attributes:

Report AttributeDetails
No. of Pages385
Forecast Period2024 - 2030
Estimated Market Value (USD) in 2024$2.1 Billion
Forecasted Market Value (USD) by 2030$6.3 Billion
Compound Annual Growth Rate19.9%
Regions CoveredGlobal




MARKET OVERVIEW

  • Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy
  • How Trump's Tariffs Impact the Market? The Big Question on Everyone's Mind
  • Advanced Phase Change Materials (PCM) - Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
  • An Introduction to Advanced Phase Change Materials (PCM)
  • Types of Advanced Phase Change Materials
  • Comparison of Characteristics of Bio-based PCM, Paraffin PCM and Salt Hydrate PCM
  • Key features of Various PCM Types
  • Global Market Prospects & Outlook
  • Inorganic Advanced PCMs Lead Global Market
  • Building & Construction: The Leading Application Market
  • Developed Regions Lead, Developing Economies Promise Growth
  • Competition
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • Growing Demand for Energy Efficient Technology & Rising Emphasis on Energy Conservation Drive Focus onto APCM
  • Regulations to Reduce Greenhouse Gas Emissions: Opportunity for Advanced PCMs Market
  • Global CO2 Emissions in Billion Metric Tons of CO2 Per Year
  • Domestic Targets for Greenhouse Gas Emissions of Select Regions/ Countries
  • Building & Construction: A Major Application Market for Advanced Phase Change Materials
  • Energy Consumption Worldwide by Sector (in %)
  • Carbon Dioxide (CO2) Emissions Worldwide by Sector (in %)
  • Composition, Melting temperature and Melting Heat of PCMs in Building Applications
  • How Buildings Contribute Towards Climate Change
  • Carbon Footprint Forecasts for Buildings (In Billion Metric Tons) for Years 2020, 2025, 2030, 2035, 20240, 2045 & 2050
  • Emphasis on Energy-Efficient, Green, LEED Buildings Builds Fertile Environment for Advanced PCM Market
  • Growing Relevance of Zero Energy Building Constructions to Propel Demand for Advanced PCMs
  • Building Energy Efficiency Codes & Standards, Efficiency Improvement Targets, Incentives & Supporting Polices Lay the Foundation for Growth
  • Energy Efficiency Codes & Standards for Existing Buildings
  • Government Measures to Support Migration to Net Zero Energy Buildings
  • Transportation Of Temperature-Sensitive Goods Drives Demand for Advanced PCMs in Shipping & Transportation
  • Need for Cold Chain Logistics Propels Outlook for Advanced PCMs
  • Global Cold Chain Market Size (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
  • Vaccines Make Cold Chain Highly Relevant in Pharmaceutical Logistics
  • Demand for Efficient Thermal Insulation Materials in HVAC and Refrigeration Applications Propels Growth
  • Global Heating, Ventilation and Air conditioning (HVAC) Systems Market Size (in US$ Million) by Region/Country for 2019 and 2024
  • Rising Significance of Advanced Phase Change Materials for Thermal Energy Storage Systems
  • Despite Competition from Latent Heat Storage, Sensible Heat Technology Sustains Dominance
  • Various Thermal Storage Technologies: Brief Details of Efficiency, Storage Time, Power and Capacity
  • PCM Systems Poised for High Growth in Thermal Energy Storage Market
  • Need for Improved Energy Management and Resultant Importance of TES Systems to Drive Market Gains
  • Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
  • Growing Investments in Renewable Energy Fuel Demand for TES Solutions
  • Bio-Based PCMs Emerge for TES Applications
  • Expanding Applications of Advanced Phase Change Materials (PCM) in Textile Industry
  • Robust Growth in Smart Textiles Industry to Drive Demand for Advanced PCM: Global Smart Textiles Market (in US$ Thousand) by Geographic Region for 2020 and 2027
  • Advanced PCMs Find Growing Use of Electronics Equipment & Components
  • Benefits of Advanced PCMs for Electronic Devices
  • PCM Applications in Electronics Industry
  • PCMs Help in Thermal Management of Electronic Devices
  • Technological Developments in Advanced PCM Market to Boost Market Prospects
  • Bio-Based PCM Poised for High Growth
  • Microencapsulated PCM Regulate Temperature in Building & Construction, Textile Applications
  • Expanding Population and Urbanization Trend Boost Market Outlook
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • World Urban Population in Thousands: 1950-2050P
  • Major Challenges Facing Advanced PCMs Market

FOCUS ON SELECT PLAYERS
A selection of companies mentioned in this report includes, but is not limited to:

  • Honeywell International, Inc.
  • Croda International PLC
  • AI Technology, Inc.
  • Boyd Corporation
  • KERAFOL Keramische Folien GmbH & Co. KG
  • Climator Sweden AB
  • Cold Chain Technologies
  • Cryopak
  • Encapsys LLC
  • Iolitec-Ionic Liquids Technologies GmbH
  • Acuro Organics Limited
  • Insolcorp, Inc.
  • CIAT Group
  • Inmark, LLC
  • Axiotherm

For more information about this report visit https://www.researchandmarkets.com/r/af78rk

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