APO RESEARCH · REPORT
Phase Change Material (PCM)
A phase change material (PCM) is a substance with a high heat of fusion which, melting and solidifying at a certain temperature, is capable of storing and releasing large amounts of energy. Heat is absorbed or released when the material changes from solid to liquid and vice versa; thus, PCMs are classified as latent heat storage (LHS) units.
Product & engineering
Understand the product.
A phase change material (PCM) is a substance with a high heat of fusion which, melting and solidifying at a certain temperature, is capable of storing and releasing large amounts of energy. Heat is absorbed or released when the material changes from solid to liquid and vice versa; thus, PCMs are classified as latent heat storage (LHS) units.
Selected research
Market Structure
Global Phase Change Material (PCM) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
A phase change material (PCM) is a substance with a high heat of fusion which, melting and solidifying at a certain temperature, is capable of storing and releasing large amounts of energy. Heat is absorbed or released when the material changes from solid to liquid and vice versa; thus, PCMs are classified as latent heat storage (LHS) units.
Key players operating in the Phase Change Material market are Henkel AG & Company, Honeywell, Croda International, Sasol Germany GmbH, Microtek Laboratories Inc, etc. Top 5 companies accouted for a combined market share about 42% of the world total. Henkel AG & Company, with a share of 17%, was the largest manufacturer among those companies. Europe is now the world's biggest producer and largest exporter of Phase Change Material, with approximately 31% of the global share.
The report provides an overview of the global Phase Change Material (PCM) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of Phase Change Material (PCM) and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Phase Change Material (PCM) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Phase Change Material (PCM) market size, projected growth trends, production technologies, key applications, and end-use industries.
Phase Change Material (PCM) Segment by Company
Henkel AG & Company
Honeywell
Croda International
Sasol Germany GmbH
Microtek Laboratories Inc
DuPont and Dow
Parker
Laird PLC
Phase Change Energy Solutions
Cryopak
SGL Carbon
Rubitherm Technologies GmbH
Cold Chain Technologies, Inc
PLUSS Advanced Technologies
Outlast Technologies
Phase Change Material (PCM) Segment by Type
Organic
Inorganic
Bio-based
Phase Change Material (PCM) Segment by Application
Building & Construction
Refrigeration & Logistics
Textile
Electronics
Others
Phase Change Material (PCM) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Phase Change Material (PCM) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Phase Change Material (PCM) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Phase Change Material (PCM).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Phase Change Material (PCM) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Phase Change Material (PCM) industry.
Chapter 3: Detailed analysis of Phase Change Material (PCM) market competition landscape. Including Phase Change Material (PCM) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Phase Change Material (PCM) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Phase Change Material (PCM) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Organic
- Inorganic
- Bio-based
Applications
- Building & Construction
- Refrigeration & Logistics
- Textile
- Electronics
- Others
Companies covered
- Henkel AG & Company
- Honeywell
- Croda International
- Sasol Germany GmbH
- Microtek Laboratories Inc
- DuPont and Dow
- Parker
- Laird PLC
- Phase Change Energy Solutions
- Cryopak
- SGL Carbon
- Rubitherm Technologies GmbH
- Cold Chain Technologies, Inc
- PLUSS Advanced Technologies
- Outlast Technologies
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Phase Change Material (PCM) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Phase Change Material (PCM) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Phase Change Material (PCM) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Phase Change Material (PCM) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Phase Change Material (PCM) Market Dynamics
- 2.1 Phase Change Material (PCM) Industry Trends
- 2.2 Phase Change Material (PCM) Industry Drivers
- 2.3 Phase Change Material (PCM) Industry Opportunities and Challenges
- 2.4 Phase Change Material (PCM) Industry Restraints
3 Phase Change Material (PCM) Market by Manufacturers
- 3.1 Global Phase Change Material (PCM) Production Value by Manufacturers (2021-2026)
- 3.2 Global Phase Change Material (PCM) Production by Manufacturers (2021-2026)
- 3.3 Global Phase Change Material (PCM) Average Price by Manufacturers (2021-2026)
- 3.4 Global Phase Change Material (PCM) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Phase Change Material (PCM) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Phase Change Material (PCM) Manufacturers, Product Type & Application
- 3.7 Global Phase Change Material (PCM) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Phase Change Material (PCM) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Phase Change Material (PCM) Players Market Share by Production Value in 2025
- 3.8.3 2025 Phase Change Material (PCM) Tier 1, Tier 2, and Tier 3
4 Phase Change Material (PCM) Market by Type
- 4.1 Phase Change Material (PCM) Type Introduction
- 4.1.1 Organic
- 4.1.2 Inorganic
- 4.1.3 Bio-based
- 4.2 Global Phase Change Material (PCM) Production by Type
- 4.2.1 Global Phase Change Material (PCM) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Phase Change Material (PCM) Production by Type (2021-2032)
- 4.2.3 Global Phase Change Material (PCM) Production Market Share by Type (2021-2032)
- 4.3 Global Phase Change Material (PCM) Production Value by Type
- 4.3.1 Global Phase Change Material (PCM) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Phase Change Material (PCM) Production Value by Type (2021-2032)
- 4.3.3 Global Phase Change Material (PCM) Production Value Market Share by Type (2021-2032)
5 Phase Change Material (PCM) Market by Application
- 5.1 Phase Change Material (PCM) Application Introduction
- 5.1.1 Building & Construction
- 5.1.2 Refrigeration & Logistics
- 5.1.3 Textile
- 5.1.4 Electronics
- 5.1.5 Others
- 5.2 Global Phase Change Material (PCM) Production by Application
- 5.2.1 Global Phase Change Material (PCM) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Phase Change Material (PCM) Production by Application (2021-2032)
- 5.2.3 Global Phase Change Material (PCM) Production Market Share by Application (2021-2032)
- 5.3 Global Phase Change Material (PCM) Production Value by Application
- 5.3.1 Global Phase Change Material (PCM) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Phase Change Material (PCM) Production Value by Application (2021-2032)
- 5.3.3 Global Phase Change Material (PCM) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Henkel AG & Company
- 6.1.1 Henkel AG & Company Company Information
- 6.1.2 Henkel AG & Company Business Overview
- 6.1.3 Henkel AG & Company Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.1.4 Henkel AG & Company Phase Change Material (PCM) Product Portfolio
- 6.1.5 Henkel AG & Company Recent Developments
- 6.2 Honeywell
- 6.2.1 Honeywell Company Information
- 6.2.2 Honeywell Business Overview
- 6.2.3 Honeywell Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.2.4 Honeywell Phase Change Material (PCM) Product Portfolio
- 6.2.5 Honeywell Recent Developments
- 6.3 Croda International
- 6.3.1 Croda International Company Information
- 6.3.2 Croda International Business Overview
- 6.3.3 Croda International Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.3.4 Croda International Phase Change Material (PCM) Product Portfolio
- 6.3.5 Croda International Recent Developments
- 6.4 Sasol Germany GmbH
- 6.4.1 Sasol Germany GmbH Company Information
- 6.4.2 Sasol Germany GmbH Business Overview
- 6.4.3 Sasol Germany GmbH Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.4.4 Sasol Germany GmbH Phase Change Material (PCM) Product Portfolio
- 6.4.5 Sasol Germany GmbH Recent Developments
- 6.5 Microtek Laboratories Inc
- 6.5.1 Microtek Laboratories Inc Company Information
- 6.5.2 Microtek Laboratories Inc Business Overview
- 6.5.3 Microtek Laboratories Inc Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.5.4 Microtek Laboratories Inc Phase Change Material (PCM) Product Portfolio
- 6.5.5 Microtek Laboratories Inc Recent Developments
- 6.6 DuPont and Dow
- 6.6.1 DuPont and Dow Company Information
- 6.6.2 DuPont and Dow Business Overview
- 6.6.3 DuPont and Dow Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.6.4 DuPont and Dow Phase Change Material (PCM) Product Portfolio
- 6.6.5 DuPont and Dow Recent Developments
- 6.7 Parker
- 6.7.1 Parker Company Information
- 6.7.2 Parker Business Overview
- 6.7.3 Parker Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.7.4 Parker Phase Change Material (PCM) Product Portfolio
- 6.7.5 Parker Recent Developments
- 6.8 Laird PLC
- 6.8.1 Laird PLC Company Information
- 6.8.2 Laird PLC Business Overview
- 6.8.3 Laird PLC Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.8.4 Laird PLC Phase Change Material (PCM) Product Portfolio
- 6.8.5 Laird PLC Recent Developments
- 6.9 Phase Change Energy Solutions
- 6.9.1 Phase Change Energy Solutions Company Information
- 6.9.2 Phase Change Energy Solutions Business Overview
- 6.9.3 Phase Change Energy Solutions Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.9.4 Phase Change Energy Solutions Phase Change Material (PCM) Product Portfolio
- 6.9.5 Phase Change Energy Solutions Recent Developments
- 6.10 Cryopak
- 6.10.1 Cryopak Company Information
- 6.10.2 Cryopak Business Overview
- 6.10.3 Cryopak Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.10.4 Cryopak Phase Change Material (PCM) Product Portfolio
- 6.10.5 Cryopak Recent Developments
- 6.11 SGL Carbon
- 6.11.1 SGL Carbon Company Information
- 6.11.2 SGL Carbon Business Overview
- 6.11.3 SGL Carbon Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.11.4 SGL Carbon Phase Change Material (PCM) Product Portfolio
- 6.11.5 SGL Carbon Recent Developments
- 6.12 Rubitherm Technologies GmbH
- 6.12.1 Rubitherm Technologies GmbH Company Information
- 6.12.2 Rubitherm Technologies GmbH Business Overview
- 6.12.3 Rubitherm Technologies GmbH Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.12.4 Rubitherm Technologies GmbH Phase Change Material (PCM) Product Portfolio
- 6.12.5 Rubitherm Technologies GmbH Recent Developments
- 6.13 Cold Chain Technologies, Inc
- 6.13.1 Cold Chain Technologies, Inc Company Information
- 6.13.2 Cold Chain Technologies, Inc Business Overview
- 6.13.3 Cold Chain Technologies, Inc Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.13.4 Cold Chain Technologies, Inc Phase Change Material (PCM) Product Portfolio
- 6.13.5 Cold Chain Technologies, Inc Recent Developments
- 6.14 PLUSS Advanced Technologies
- 6.14.1 PLUSS Advanced Technologies Company Information
- 6.14.2 PLUSS Advanced Technologies Business Overview
- 6.14.3 PLUSS Advanced Technologies Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.14.4 PLUSS Advanced Technologies Phase Change Material (PCM) Product Portfolio
- 6.14.5 PLUSS Advanced Technologies Recent Developments
- 6.15 Outlast Technologies
- 6.15.1 Outlast Technologies Company Information
- 6.15.2 Outlast Technologies Business Overview
- 6.15.3 Outlast Technologies Phase Change Material (PCM) Production, Value and Gross Margin (2021-2026)
- 6.15.4 Outlast Technologies Phase Change Material (PCM) Product Portfolio
- 6.15.5 Outlast Technologies Recent Developments
7 Global Phase Change Material (PCM) Production by Region
- 7.1 Global Phase Change Material (PCM) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Phase Change Material (PCM) Production by Region (2021-2032)
- 7.2.1 Global Phase Change Material (PCM) Production by Region (2021-2026)
- 7.2.2 Global Phase Change Material (PCM) Production Forecast by Region (2027-2032)
- 7.3 Global Phase Change Material (PCM) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Phase Change Material (PCM) Production Value by Region (2021-2032)
- 7.4.1 Global Phase Change Material (PCM) Production Value by Region (2021-2026)
- 7.4.2 Global Phase Change Material (PCM) Production Value by Region (2027-2032)
- 7.5 Global Phase Change Material (PCM) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Phase Change Material (PCM) Production Value (2021-2032)
- 7.6.2 Europe Phase Change Material (PCM) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Phase Change Material (PCM) Production Value (2021-2032)
- 7.6.4 South America Phase Change Material (PCM) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Phase Change Material (PCM) Production Value (2021-2032)
8 Global Phase Change Material (PCM) Consumption by Region
- 8.1 Global Phase Change Material (PCM) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Phase Change Material (PCM) Consumption by Region (2021-2032)
- 8.2.1 Global Phase Change Material (PCM) Consumption by Region (2021-2026)
- 8.2.2 Global Phase Change Material (PCM) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Phase Change Material (PCM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Phase Change Material (PCM) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Phase Change Material (PCM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Phase Change Material (PCM) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Phase Change Material (PCM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Phase Change Material (PCM) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Phase Change Material (PCM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Phase Change Material (PCM) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Phase Change Material (PCM) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Phase Change Material (PCM) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Phase Change Material (PCM) Value Chain Analysis
- 9.1.1 Phase Change Material (PCM) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Phase Change Material (PCM) Production Mode & Process
- 9.2 Phase Change Material (PCM) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Phase Change Material (PCM) Distributors
- 9.2.3 Phase Change Material (PCM) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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