Advanced Phase Change Material Market Set to Surge with Innovative Solutions by 2032 | Major Companies - BASF, Honeywell International, DuPont, Dow Building Solutions.

Market Overview:

The Global Advanced Phase Change Material Market is estimated to reach at a CAGR of 15.27% during the forecast period 2024-2031.

The Advanced Phase Change Material Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Advanced Phase Change Material (PCM) Market involves the development and commercialization of materials that absorb, store, and release thermal energy during phase transitions. These materials enhance energy efficiency in construction, electronics, and refrigeration. The market encompasses innovations in organic, inorganic, and composite PCMs, driven by rising demand for sustainable energy solutions and temperature-regulating technologies across industrial and residential sectors.

Recent Key Developments of United States:

✅ November 2025: Advanced phase change material (APCM) adoption in green building certifications under LEED standards surged 20% annually, driven by EPA energy efficiency mandates and DOE-funded R&D hubs.​

✅ October 2025: Dow Inc. announced plans to expand production capacity for phase change materials to meet rising demand in the renewable energy sector.​

✅ September 2025: Construction and cold chain logistics sectors boosted uptake of low- and mid-temperature PCMs, supported by stringent energy codes, infrastructure investments, and collaborations between material scientists and OEMs.​

Recent Key Developments of Europe:

✅ November 2025: Croda International completed the acquisition of a European specialty materials startup focused on microencapsulated PCMs for textiles and automotive interiors, involving a €58 million investment.​

✅ October 2025: Climator Sweden AB introduced next-generation high-stability salt hydrate PCMs optimized for industrial temperature control systems, with €36 million allocated for manufacturing modernization and EU export expansion.​

✅ September 2025: Researchers at the European Phase Change and Ovonic Science Symposium (EPCOS 2025) in Marseille unveiled a new chromium telluride (CrTe3)-based phase-change material with remarkable stability and no resistance drift in its amorphous phase.​

List of the Key Players in the Advanced Phase Change Material Market:

BASF
Honeywell International
DuPont
Cryopak Industries
Advansa B.V
Dow Building Solutions
Phase Change Products Pty Ltd
Climator SWEDEN AB
Salca B.V.
Rubitherm Technologies GmbH

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Advanced Phase Change Material Market:

By Product Type: Paraffin waxes, Salt hydrates, Inorganic eutectics, Hygroscopic material, Others.

By Application Type: Thermal energy storage, Solar power plant, Building and construction, Shipping and transportation, Heating, ventilation and air conditioning, other.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Advanced Phase Change Material market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Advanced Phase Change Material Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Advanced Phase Change Material market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Advanced Phase Change Material Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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