Phase Change Material (PCM) Market Growth to $1884 Million by 2030, At a CAGR 6.2% | Henkel AG & Company, Honeywell, Croda International, Sasol Germany GmbH

CALIFORNIA, (UNITED STATES) - The Global Phase Change Material (PCM) Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Phase Change Material (PCM) market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global Phase Change Material (PCM) market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Phase Change Material (PCM) market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Phase Change Material (PCM) market.

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The global market for Phase Change Material (PCM) was estimated to be worth US$ 1184 million in 2024 and is forecast to a readjusted size of US$ 1884 million by 2031 with a CAGR of 6.2% during the forecast period 2025-2031.

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.

Report Covers : -

The Phase Change Material (PCM) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Phase Change Material (PCM) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

This report researches the key producers of Phase Change Material (PCM), also provides the consumption of main regions and countries. of the upcoming market potential for Phase Change Material (PCM), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

The report will help the Phase Change Material (PCM) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Global Phase Change Material (PCM) Market Trends:-

Phase Change Material (PCM) The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Phase Change Material (PCM) products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Phase Change Material (PCM) chemical and material products and the establishment Phase Change Material (PCM) of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Importance of a Market Synopsis:

Decision Making: A well-prepared Phase Change Material (PCM) market synopsis helps businesses, investors, and professionals make informed decisions. It provides a comprehensive understanding of the Phase Change Material (PCM) market landscape, enabling stakeholders to identify potential risks and opportunities.

Competitive Analysis: By examining the competitive landscape, a Phase Change Material (PCM) market synopsis allows businesses to benchmark themselves against industry leaders and identify areas for improvement or differentiation. It facilitates strategic planning and Phase Change Material (PCM) market positioning.

Market Entry: For companies considering entering a new market or launching a new product, a Phase Change Material (PCM) market synopsis provides valuable insights into market size, customer needs, and competitive factors. It guides businesses in developing effective market entry strategies.

Investment Decisions: Investors rely on Phase Change Material (PCM) market synopses to evaluate the feasibility and potential returns of investment opportunities. The synopsis helps them assess the market's growth prospects, competitive intensity, and long-term viability.

Knowledge Sharing: Phase Change Material (PCM) Market synopses serve as valuable resources for industry research, academic studies, and knowledge sharing among professionals. They provide a concise summary of Phase Change Material (PCM) market dynamics, making complex information accessible to a broader audience.

Top Market Leader Included: -

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

Detailed of Phase Change Material (PCM) Market Segmentation: -

Segmentation By Type :-

Organic

Inorganic
Bio-based

Segmentation By Application : -

Building & Construction
Refrigeration & Logistics
Textile
Electronics
Others

Regional Insights and Growth Opportunities :-

The Phase Change Material (PCM) Market is witnessing dynamic growth globally, but the market expansion is not uniform across regions. Our comprehensive report breaks down the Phase Change Material (PCM) market performance into key regions, providing detailed insights and growth forecasts for each area.

By Region

United States

Canada
Mexico
Brazil
China

APAC

Japan
South Korea
China
ASEAN
India

EMEA

Europe
Middle East
Africa

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Key Features Of The Study:-

ᗒ This report provides in-depth analysis of the global Phase Change Material (PCM) market, and provides market size (us$ million) and cagr for the forecast period (2025-2030), considering 2023 as the base year.

ᗒ This report profiles key players in the global Phase Change Material (PCM) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phase Change Material (PCM) sales data, market share and ranking.

ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

ᗒ The global Phase Change Material (PCM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Important questions answered in the report includes of:

ᗒ How will the market for the Phase Change Material (PCM) Market industry grow in 2025?

ᗒ Which well-known major companies will drive the market's growth?

ᗒ Which size of business held the biggest market share for data center?

ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2030 forecast period?

ᗒ What is the primary factor driving the market's expansion?

ᗒ In the market, which region held the highest market share?

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Phase Change Material (PCM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: 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 4: 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 5: Sales, revenue of Phase Change Material (PCM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Phase Change Material (PCM) in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

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