Advanced Phase Change Materials Market Report: Unlocking Growth Potential and Addressing Challenges

Organic PCMs dominated the market in 2020, accounting for nearly half of the global share.
WILMINGTON, DE, UNITED STATES, November 11, 2025 /EINPresswire.com/ -- The global advanced phase change materials (PCM) market is set for strong expansion, supported by rapid industrialization, rising demand for efficient thermal management solutions, growing requirements for temperature-controlled transportation, and increasing emphasis on energy conservation and sustainable development. Allied Market Research reports that the market, valued at $1.4 billion in 2020, is projected to reach $4.5 billion by 2030, registering a CAGR of 12.61% from 2021 to 2030. The study offers detailed analysis of market drivers, opportunities, competitive landscape, investment potential, and emerging trends.
Although high product costs continue to restrain adoption, ongoing technological advancements in PCM formulations and applications are expected to create substantial growth opportunities over the forecast period.
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Segmental Highlights:-
By Application:
- The building and construction segment held the largest market share in 2020. The electronics segment is anticipated to grow at the fastest CAGR of 14.08% during the forecast period, driven by expanding use of electronics requiring advanced thermal regulation.
By Type:
- Organic PCMs dominated the market in 2020, accounting for nearly half of the global share. Bio-based PCMs are projected to post the fastest CAGR of 13.24% from 2021 to 2030, supported by increasing sustainability initiatives.
By Region:
- Europe led the market in 2020, while Asia-Pacific is expected to experience the fastest growth through 2030, with a projected CAGR of 13.29%.
Key Players:-
Leading companies include Outlast Technologies LLC, Advansa B.V., E. I. Du Pont de Nemours and Company, BASF SE, Entropy Solutions, Sonoco Products Company, Phase Change Energy Solutions, Cryopak Inc., Microtek Laboratories Inc., and Pluss Advanced Technologies Pvt. Ltd.
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About Us
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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