Phase Change Materials Market Research 2022 | Industry Growing with Major Key Player Axiotherm GmbH, Croda Europe Ltd.,


The global advanced phase change materials market was estimated to be worth $1.78 billion in 2021, and it is expected to reach $8.92 billion by 2030, expanding at a CAGR of 17.48% percent from 2021 to 2030.

Phase Change Materials Market Scope

A new report titled “Global Phase Change Materials Market Professional Report 2020-2026” has been added by Straits Research to its repository of research reports. The report analyzes and estimates the Phase Change Materials market on global, regional, and country levels. The report offers data from previous years and an in-depth analysis based on the revenue. 

The global advanced phase change materials market was estimated to be worth $1.78 billion in 2021, and it is expected to reach $8.92 billion by 2030, expanding at a CAGR of 17.48% percent from 2021 to 2030.

While studying the global market for Phase Change Materials, the report also thoroughly analyzes the driving factors, development trends, restraints, challenges, and lucrative challenges to showcase the current and future market scenario. Straits Research has provided a comprehensive report that consists of the key market strategies based on the latest technologies, applications, and different geographies around the world. The market is expected to show significant growth over the forecast period due to the increasing demand for Phase Change Materials Industry.

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Competitive Analysis

Axiotherm GmbH Croda Europe Ltd. Global Energy Systems Europe BV Hangzhou Ruhr New Material Technology Co., Ltd. (‘RuhrTech’) Microtek Laboratories, Inc. PCM Technology Outlast Technologies PLUSS Advanced Technologies Pvt. Ltd. Phase change product Pvt. Ltd. PureTemp LLC Rubitherm technologies gmbh Sasol Germany GmbH BASF SE Others

These key players have adopted organic and inorganic growth strategies, including new product launches and developments, joint ventures, partnerships, research and development (RD) activities, agreements, contracts, collaborations, and mergers acquisitions (MA) to strengthen their position in the market.

Phase Change Materials Market Segmentation

Breakup By Type Organic PCM Inorganic PCM Bio-Based PCM Breakup By Form Encapsulated Non-Encapsulated Breakup By Application Building and Construction Packaging HVAC Textiles Electronics Others

This report forecasts revenue growth at the global, regional, and local levels. It analyzes the most recent industry trends from 2020 to 2026 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, India, Japan, Singapore, Malaysia)
  • Latin America (Brazil, Mexico)
  • Middle East Africa

Study Objectives of Global Phase Change Materials Market:

  • To provide an in-depth analysis of the overall structure of the market along with the forecast of the various segments and sub-segments of the global Phase Change Materials market.
  • To provide insights about the factors influencing the growth of the market.
  • To study the global Phase Change Materials market analysis on the basis of porter’s five forces analysis, SWOT, and pestel analysis.
  • To provide historical data and forecast revenue of the market segments and their sub-segments regarding regional distribution, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
  • To provide a detailed country-level analysis of the global industry to determine the current Phase Change Materials market size and the future prospective.
  • To provide a comprehensive analysis of the market for segments by product type, the technology used, end-users, applications, and region.
  • To strategically profile the leading players functioning in the global Phase Change Materials market, comprehensively analyze their core competencies, and frame a competitive advantage.
  • To identify and study the key developments such as new product launches, mergers acquisitions (MA), joint ventures, research and development (RD) activities, and strategic alliances in the global Phase Change Materials market.

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Other features of the report:

  1. Gives a thorough analysis of the key strategies with a focus on the corporate structure, RD methods, localization strategies, production capabilities, sales, and performance in various companies. 
  2. Provides valuable insights into the product portfolio, including product planning, development, and positioning. 
  3. Analyses the role of key market players and their partnerships, mergers, and acquisitions. 

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