相変化材料(PCM)市場規模、シェア、動向、2030年までの世界予測

Phase Change Materials Market - Global Forecast To 2030

Phase Change Materials Market by Type (Organic PCM, Inorganic PCM, Eutectic PCM), Application (Building & Construction, HVAC, Cold Chain & Packaging, Thermal Energy Storage, Refrigeration & Equipment, Textiles, Electronics, Other Applications), and Region - Global Forecasts to 2030

商品番号 : SMB-11664

出版社MarketsandMarkets
出版年月2025年10月
ページ数223
図表数293
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

相変化材料(PCM)市場 – タイプ(有機PCM、無機PCM、共晶PCM)、用途(建築・建設、HVAC、コールドチェーン・包装、熱エネルギー貯蔵、冷凍・冷蔵設備、繊維、電子機器、その他の用途)、地域別 – 2030年までの世界予測

相変化材料(PCM)市場規模は2025年には7億2,976万米ドルで、2030年までに16億3,971万米ドルに達し、年平均成長率(CAGR)は17.58%になると予測されています。

本レポートでは、相変化材料(PCM)市場をタイプ、用途、地域別にセグメント化し、様々な地域における市場全体の推定価値(百万米ドル)を示しています。主要業界プレーヤーの詳細な分析を実施し、相変化材料市場に関連する各社の事業概要、サービス、主要戦略に関する洞察を提供しています。

本調査レポートは、業界分析(業界動向)、主要企業の市場シェア分析、企業プロファイルといった様々なレベルの分析に焦点を当てており、これらを総合的に分析することで、相変化材料市場における競争環境、新興・高成長セグメント、高成長地域、市場牽引要因、制約要因、機会に関する全体像を提供します。

本レポートは、以下の点について洞察を提供します。

  • 市場浸透:世界市場の主要企業が提供する相変化材料に関する包括的な情報
  • 相変化材料(PCM)市場の成長に影響を与える主要な推進要因(温室効果ガス排出削減のための規制、温度制御と快適性向上のための相変化材料の利用、ピーク負荷シフトのための相変化材料の利用、コールドチェーンおよび包装業界の運用コスト削減)、制約要因(相変化材料の利点に対する認識不足、可燃性と腐食性によるPCMの利用制限、政府補助金の不足)、機会(コールドチェーン物流のニーズ増加、相変化材料の効率向上に向けた研究開発活動、家電製品の需要増加)、課題(従来材料からの切り替えコストの高さ)の分析
  • 製品開発/イノベーション:相変化材料市場における今後の技術、研究開発活動、新製品・新サービスの投入に関する詳細な洞察
  • 市場開発:成長著しい新興市場に関する包括的な情報。本レポートでは、地域をまたいで相変化材料市場を分析しています。
  • 市場多様化:世界の相変化材料市場における新製品、未開拓地域、最近の動向に関する包括的な情報
  • 競合評価:相変化材料市場における主要企業の市場シェア、戦略、製品、製造能力に関する詳細な評価

Report Description

The phase change materials market size was USD 729.76 million in 2025 and is projected to reach USD 1,639.71 million by 2030, at a CAGR of 17.58%.

“Use of phase change materials for temperature control and greater comfort driving market growth”

One of the main factors driving the global phase change material (PCM) market is the use of these materials for temperature control and increased comfort. By absorbing, storing, and releasing heat during phase transitions, PCMs contribute to stable temperatures and provide the best possible thermal comfort in a variety of settings.  PCMs are incorporated into walls, ceilings, and flooring in buildings and construction to improve occupant comfort, minimize energy use, and lessen indoor temperature swings.  These materials offer better thermal regulation in textiles, car interiors, and packaging, enhancing user experience and product performance.  The need for climate-responsive materials and energy-efficient solutions is increasing, and PCMs’ contribution to better temperature control and long-term comfort is growing as well. As a result, multiple end-use industries around the world are adopting PCMs.

Thermal energy storage to be third-fastest growing application of phase change materials, in terms of value, during forecast period

The growing demand for effective energy management and the integration of renewable energy sources is propelling the adoption of phase change materials in thermal energy storage applications.  In order to balance the supply and demand for energy in residential, commercial, and industrial systems, PCMs are essential for storing excess thermal energy and releasing it when needed.  To improve energy efficiency and system dependability, they are being utilized in waste heat recovery systems, district heating systems, and solar power plants.  PCMs are a desirable substitute for traditional storage systems due to their capacity to offer steady, long-duration energy storage with negligible losses.

The use of PCM in thermal energy storage applications is also being accelerated by the global trend toward sustainable energy solutions, government incentives for renewable energy projects, and technological developments in material encapsulation and performance optimization.

Demand for eutectic phase change materials driven by their adjustable phase transition range and precise temperature control

Made from a blend of inorganic and organic materials, eutectic PCMs are engineered to reach a precise melting point appropriate for regulated thermal applications. However, compared to organic and inorganic PCMs, their adoption has been limited due to their limited commercial use, high material cost, and higher production complexity.  The low adoption of these materials is also due to the difficulties in attaining long-term stability and the requirement for careful formulation. Despite these limitations, eutectic PCMs have benefits like precise temperature control and adjustable phase transition ranges, which make them appropriate for niche uses like medical storage and electronics cooling.  Moderate growth in specialized applications needing specialized thermal management is anticipated with sustained R&D efforts.

“Asia Pacific to account for third-largest share of global phase change materials market, in terms of value”

In 2024, Asia Pacific was the third-largest contributor to the global phase change materials (PCM) market. The market in the region is driven by industrialization, accelerated urbanization, and ramped-up investments in energy-saving technologies. The region’s widening construction industry, with the major contributions of China, India, Japan, and South Korea, is promoting the use of PCM in building insulation, HVAC systems, and intelligent infrastructure to enhance thermal comfort and save energy. In addition, increasing demand for pharmaceutical, food, and beverage cold chain logistics has further fueled the use of PCM in temperature-controlled packaging and transport. Nevertheless, a lack of awareness, high initial investment, and slower regulatory acceptance relative to developed countries have marginally restricted market penetration. Persistent infrastructure growth, technology improvements, and an increasing emphasis on sustainable energy management are expected to support the development of the PCM market in Asia Pacific.

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: Directors – 50%, Managers – 30%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 18%, and Rest of the World – 7%

The key players profiled in the report include Honeywell International Inc. (US), DuPont de Nemours, Inc. (US), Croda International Plc (UK), Boyd Corporation (US), Sasol Limited (South Africa), Outlast Technologies LLC (US), PureTemp LLC (US), Rubitherm Technologies GmbH (Germany), Phase Change Materials Products Ltd. (UK) Cold Chain Technologies (US), Phase Change Solutions (US), Climator Sweden AB (Sweden), and Microtek Laboratories Inc. (US).

Study Coverage

This report segments the market for phase change materials based on type, application, and region, and provides estimations of value (in USD million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies associated with the phase change materials market.

Reasons to Buy this Report

This research report is focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the phase change materials market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights into the following points:

  • Market Penetration: Comprehensive information on phase change materials offered by top players in the global market
  • Analysis of Key Drivers (Regulations for reduction of greenhouse gas emissions, Use of phase change material for temperature control and greater comfort, Use of phase change material for peak-load shifting, Reduction in operating cost for cold chain and packaging industry), restraints (Lack of awareness for benefits of phase change material, Flammability and corrosiveness restrict the use of PCM, Lack of government subsidies), opportunities (Rise in the need for cold chain logistics, R&D initiatives for enhanced phase change material efficiency, Rising demand for consumer electronics), and challenges (High cost of switching from conventional materials) influencing the growth of phase change materials market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the phase change materials market
  • Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for phase change materials across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global phase change materials market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the phase change materials market

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        PHASE CHANGE MATERIALS MARKET: INCLUSIONS & EXCLUSIONS      25

1.3.3        PHASE CHANGE MATERIALS MARKET: DEFINITION AND INCLUSIONS, BY TYPE         26

1.3.4        PHASE CHANGE MATERIALS MARKET: DEFINITION AND INCLUSIONS,

BY APPLICATION             26

1.3.5        YEARS CONSIDERED      27

1.3.6        CURRENCY CONSIDERED            27

1.3.7        UNIT CONSIDERED        27

1.4           STAKEHOLDERS               28

1.5           SUMMARY OF CHANGES               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          29

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 30

2.1.2.1    Key data from primary sources           30

2.1.2.2    Primary Interviews – demand and supply sides                31

2.1.2.3    Key industry insights           31

2.1.2.4    Breakdown of interviews with experts               32

2.2           MARKET SIZE ESTIMATION         32

2.2.1        BOTTOM-UP APPROACH              33

2.2.2        TOP-DOWN APPROACH                34

2.3           DATA TRIANGULATION                35

2.4           GROWTH FORECAST      36

2.4.1        SUPPLY SIDE     37

2.4.2        DEMAND SIDE  37

2.5           RESEARCH ASSUMPTIONS           38

2.6           RESEARCH LIMITATIONS             39

2.7           RISK ASSESSMENT           39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       43

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PHASE CHANGE MATERIALS MARKET  43

4.2           PHASE CHANGE MATERIALS MARKET, BY REGION                 43

4.3           EUROPE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION AND COUNTRY   44

4.4           PHASE CHANGE MATERIALS MARKET, BY APPLICATION                 44

4.5           PHASE CHANGE MATERIALS MARKET, BY KEY COUNTRY            45

5               MARKET OVERVIEW       46

5.1           INTRODUCTION              46

5.2           MARKET DYNAMICS       46

5.2.1        DRIVERS               47

5.2.1.1    Regulations on reduction of greenhouse gas emissions 47

5.2.1.2    Increasing adoption in temperature control for greater comfort                 48

5.2.1.3    Application in peak-load shifting       48

5.2.1.4    Reduction in operating cost for cold chain and packaging industries               48

5.2.2        RESTRAINTS      49

5.2.2.1    Lack of awareness 49

5.2.2.2    Flammability and corrosiveness restricting adoption      49

5.2.2.3    Lack of government subsidies            50

5.2.3        OPPORTUNITIES              50

5.2.3.1    Expansion of cold chain logistics       50

5.2.3.2    R&D initiatives for enhanced efficiency            50

5.2.3.3    Rising demand for consumer electronics          51

5.2.4        CHALLENGES    51

5.2.4.1    High cost of switching from conventional materials       51

5.3           PORTER’S FIVE FORCES ANALYSIS            51

5.3.1        THREAT OF NEW ENTRANTS      52

5.3.2        THREAT OF SUBSTITUTES          53

5.3.3        BARGAINING POWER OF SUPPLIERS       53

5.3.4        BARGAINING POWER OF BUYERS             53

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 53

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     54

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           54

5.4.2        BUYING CRITERIA           54

5.5           MACROECONOMIC INDICATORS              55

5.5.1        GDP TRENDS AND FORECAST   55

6               INDUSTRY TRENDS         57

6.1           SUPPLY CHAIN ANALYSIS             57

6.2           PRICING ANALYSIS          58

6.2.1        AVERAGE SELLING PRICE OF PHASE CHANGE MATERIALS FOR KEY APPLICATIONS, BY KEY PLAYER, 2024                 58

6.2.2        AVERAGE SELLING PRICE TREND OF PHASE CHANGE MATERIALS,

BY REGION, 2022–2030    59

6.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            60

6.4           ECOSYSTEM ANALYSIS  60

6.5           TECHNOLOGY ANALYSIS             62

6.5.1        KEY TECHNOLOGIES     62

6.5.1.1    Nano-enhanced phase change materials technology       62

6.5.1.2    Active cooling-based battery thermal management using

composite phase change materials     63

6.5.2        COMPLEMENTARY TECHNOLOGIES       63

6.5.2.1    Nanoscale switching technology         63

6.6           CASE STUDY ANALYSIS 63

6.6.1        HEATVENTORS – SERVER COOLING USING CRODATHERM  63

6.6.2        CRODATHERM – COLD CHAIN LOGISTICS            64

6.6.3        LAIRD PLC – SMARTPHONE COOLING   64

6.7           TRADE ANALYSIS             65

6.7.1        IMPORT SCENARIO         65

6.7.2        EXPORT SCENARIO         66

6.8           REGULATORY LANDSCAPE         67

6.8.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             67

6.8.2        REGULATORY FRAMEWORK       70

6.8.2.1    ISO 14001 – Environmental Management Systems        70

6.8.2.2    ISO 9001 – Quality Management Systems       71

6.9           KEY CONFERENCES AND EVENTS, 2025–2026        71

6.10         INVESTMENT AND FUNDING SCENARIO               72

6.11         PATENT ANALYSIS          72

6.11.1      APPROACH         72

6.11.2      DOCUMENT TYPE           73

6.11.3      TOP APPLICANTS            74

6.11.4      JURISDICTION ANALYSIS              78

6.12         IMPACT OF 2025 US TARIFF ON PHASE CHANGE MATERIALS MARKET      79

6.12.1      INTRODUCTION              79

6.12.2      KEY TARIFF RATES          79

6.12.3      PRICE IMPACT ANALYSIS             80

6.12.4      IMPACT ON COUNTRIES/REGIONS         80

6.12.4.1  US           80

6.12.4.2  Europe   81

6.12.4.3  Asia Pacific            81

6.12.5      IMPACT ON APPLICATIONS        82

6.13         IMPACT OF AI/GEN AI ON PHASE CHANGE MATERIALS MARKET               83

7               PHASE CHANGE MATERIALS MARKET, BY TYPE 85

7.1           INTRODUCTION              86

7.2           ORGANIC PCM  87

7.2.1        RISING DEMAND FOR GREEN CONSTRUCTION TO DRIVE MARKET 87

7.3           INORGANIC PCM              89

7.3.1        LARGE-SCALE ENERGY STORAGE TO FUEL GROWTH                 89

7.4           EUTECTIC PCM 91

7.4.1        GROWTH IN HEALTHCARE SUPPLY CHAINS TO FUEL EXPANSION        91

8               PHASE CHANGE MATERIALS MARKET, BY APPLICATION                 93

8.1           INTRODUCTION              94

8.2           BUILDING & CONSTRUCTION   96

8.2.1        GROWING FOCUS ON ENERGY-EFFICIENT INFRASTRUCTURE

TO DRIVE MARKET         96

8.3           HVAC    98

8.3.1        DEMAND FOR ADVANCED CLIMATE CONTROL SYSTEMS TO BOOST GROWTH  98

8.4           COLD CHAIN & PACKAGING       99

8.4.1        EXPANSION OF TEMPERATURE-SENSITIVE LOGISTICS TO FUEL GROWTH          99

8.5           THERMAL ENERGY STORAGE    101

8.5.1        INCREASING RENEWABLE INTEGRATION TO BOOST DEMAND             101

8.6           REFRIGERATION & EQUIPMENT               103

8.6.1        RISING EFFICIENCY NEEDS IN COOLING SYSTEMS TO FUEL DEMAND 103

8.7           TEXTILES             104

8.7.1        INNOVATION IN SMART TEXTILES TO FUEL GROWTH                 104

8.8           ELECTRONICS   106

8.8.1        RISING DEMAND FOR ADVANCED THERMAL MANAGEMENT

TO DRIVE MARKET         106

8.9           OTHER APPLICATIONS 108

9               PHASE CHANGE MATERIALS MARKET, BY REGION                 110

9.1           INTRODUCTION              111

9.2           ASIA PACIFIC     113

9.2.1        CHINA  118

9.2.1.1    Growing industrial activities to drive market   118

9.2.2        INDIA    121

9.2.2.1    Rapid industrialization to propel market          121

9.2.3        AUSTRALIA         124

9.2.3.1    Growing focus on sustainable cold chain systems to support

market growth       124

9.2.4        SINGAPORE        127

9.2.4.1    Expansion of smart HVAC systems to drive demand     127

9.3           NORTH AMERICA             131

9.3.1        US           135

9.3.1.1    Strong industrial infrastructure to fuel growth                 135

9.4           EUROPE               139

9.4.1        GERMANY           144

9.4.1.1    Growing demand for energy-efficient HVAC systems to boost market    144

9.4.2        FRANCE                147

9.4.2.1    Thermal regulation in buildings to fuel growth                147

9.4.3        UK          150

9.4.3.1    Rising demand for advanced electronics thermal management

to propel market   150

9.4.4        NETHERLANDS 153

9.4.4.1    Growth in cold chain logistics and refrigerated transport to

drive demand        153

9.5           REST OF THE WORLD    157

10            COMPETITIVE LANDSCAPE         161

10.1         INTRODUCTION              161

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            161

10.3         MARKET SHARE ANALYSIS, 2024                 162

10.4         REVENUE ANALYSIS, 2020–2024  165

10.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 165

10.5.1      STARS   165

10.5.2      EMERGING LEADERS     165

10.5.3      PERVASIVE PLAYERS      166

10.5.4      PARTICIPANTS 166

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         167

10.5.5.1  Company footprint               167

10.5.5.2  Region footprint   168

10.5.5.3  Type footprint       169

10.5.5.4  Application footprint            170

10.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        171

10.6.1      PROGRESSIVE COMPANIES         171

10.6.2      RESPONSIVE COMPANIES            171

10.6.3      DYNAMIC COMPANIES  171

10.6.4      STARTING BLOCKS         171

10.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 172

10.6.5.1  Detailed list of key startups/SMEs    172

10.6.5.2  Competitive benchmarking of key startups/SMEs          173

10.7         BRAND/PRODUCT COMPARISON             173

10.8         COMPANY VALUATION AND FINANCIAL METRICS                 174

10.9         COMPETITIVE SCENARIO             175

10.9.1      DEALS  175

10.9.2      EXPANSIONS     176

11            COMPANY PROFILES      177

11.1         MAJOR PLAYERS               177

11.1.1      HONEYWELL INTERNATIONAL INC.        177

11.1.1.1  Business overview 177

11.1.1.2  Products/Solutions/Services offered 178

11.1.1.3  MnM View             179

11.1.1.3.1                Right to win           179

11.1.1.3.2                Strategic choices   179

11.1.1.3.3                Weaknesses and competitive threats 179

11.1.2      DUPONT DE NEMOURS, INC.     180

11.1.2.1  Business overview 180

11.1.2.2  Products/Solutions/Services offered 181

11.1.2.3  Recent developments           182

11.1.2.4  MnM View             183

11.1.2.4.1                Right to win           183

11.1.2.4.2                Strategic choices   183

11.1.2.4.3                Weaknesses and competitive threats 183

11.1.3      CRODA INTERNATIONAL PLC.  184

11.1.3.1  Business overview 184

11.1.3.2  Products/Solutions/Services offered 185

11.1.3.3  MnM view              186

11.1.3.3.1                Right to win           186

11.1.3.3.2                Strategic choices   186

11.1.3.3.3                Weaknesses and competitive threats 186

11.1.4      BOYD CORPORATION   187

11.1.4.1  Business overview 187

11.1.4.2  Products/Solutions/Services offered 187

11.1.4.3  MnM View             188

11.1.4.3.1                Right to win           188

11.1.4.3.2                Strategic choices   188

11.1.4.3.3                Weaknesses and competitive threats 188

11.1.5      SASOL LIMITED                189

11.1.5.1  Business overview 189

11.1.5.2  Products/Solutions/Services offered 190

11.1.5.3  MnM view              191

11.1.5.3.1                Right to win           191

11.1.5.3.2                Strategic choices   191

11.1.5.3.3                Weaknesses and competitive threats 191

11.1.6      PURETEMP LLC                 192

11.1.6.1  Business overview 192

11.1.6.2  Products/Solutions/Services offered 192

11.1.6.3  MnM view              192

11.1.6.3.1                Right to win           192

11.1.6.3.2                Strategic choices   193

11.1.6.3.3                Weaknesses and competitive threats 193

11.1.7      CLIMATOR SWEDEN AB                 194

11.1.7.1  Business overview 194

11.1.7.2  Products/Solutions/Services offered 194

11.1.8      RUBITHERM TECHNOLOGIES GMBH      195

11.1.8.1  Business overview 195

11.1.8.2  Products/Solutions/Services offered 195

11.1.9      MICROTEK LABORATORIES INC.               197

11.1.9.1  Business overview 197

11.1.9.2  Products/Solutions/Services offered 198

11.1.10   PHASE CHANGE SOLUTIONS      199

11.1.10.1                 Business overview 199

11.1.10.2                 Products/Solutions/Services offered 199

11.1.11   COLD CHAIN TECHNOLOGIES  200

11.1.11.1                 Business overview 200

11.1.11.2                 Products/Solutions/Services offered 200

11.1.11.3                 Recent developments           201

11.1.11.3.1             Deals      201

11.1.11.3.2             Expansions             201

11.1.12   OUTLAST TECHNOLOGIES LLC 202

11.1.12.1                 Business overview 202

11.1.12.2                 Products/Solutions/Services offered 202

11.1.12.3                 Recent developments           202

11.1.12.3.1             Product launches  202

11.1.13   PHASE CHANGE MATERIALS PRODUCTS LIMITED                 203

11.1.13.1                 Business overview 203

11.1.13.2                 Products/Solutions/Services offered 203

11.2         STARTUPS/SMES              204

11.2.1      AI TECHNOLOGY, INC.  204

11.2.2      BEYOND INDUSTRIES (CHINA) LIMITED               204

11.2.3      CIAT GROUP      205

11.2.4      CRYOPAK INDUSTRIES INC.        205

11.2.5      DATUM PHASE CHANGE LIMITED           206

11.2.6      INSOLCORP LLC               207

11.2.7      IOLITEC IONIC LIQUIDS TECHNOLOGIES GMBH                 208

11.2.8      KAPLAN ENERGY SAS     208

11.2.9      PARKER-HANNIFIN CORPORATION         209

11.2.10   MIKROCAPS       209

11.2.11   SHENZHEN AOCHUAN TECHNOLOGY CO., LTD.                 210

11.2.12   SHIN-ETSU CHEMICAL CO., LTD               210

11.2.13   TEAPPCM            211

11.2.14   MILLIKEN & COMPANY 211

11.2.15   PLUSS ADVANCED TECHNOLOGIES PVT. LTD.  212

12            ADJACENT & RELATED MARKETS             213

12.1         INTRODUCTION              213

12.2         LIMITATIONS    213

12.3         THERMAL ENERGY STORAGE MARKET  213

12.3.1      MARKET DEFINITION   213

12.3.2      MARKET OVERVIEW       214

12.3.3      THERMAL ENERGY STORAGE MARKET, BY REGION                 214

12.3.3.1  Europe   214

12.3.3.2  Americas                214

12.3.3.3  Middle East & Africa            215

12.3.3.4  Asia Pacific            215

13            APPENDIX           216

13.1         DISCUSSION GUIDE        216

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                219

13.3         CUSTOMIZATION OPTIONS        221

13.4         RELATED REPORTS         221

13.5         AUTHOR DETAILS           222

LIST OF TABLES

TABLE 1                PHASE CHANGE MATERIALS MARKET: RISK ASSESSMENT     39

TABLE 2                REGION-WISE ENVIRONMENTAL NORMS: REGULATIONS DRIVING GROWTH

OF PHASE CHANGE MATERIALS MARKET             47

TABLE 3                GLOBAL R&D INITIATIVES TO INCREASE EFFICIENCY OF PHASE

CHANGE MATERIALS     50

TABLE 4                PHASE CHANGE MATERIALS MARKET: IMPACT OF PORTER’S FIVE FORCES          52

TABLE 5                IMPACT OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE

APPLICATIONS (%)         54

TABLE 6                KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 55

TABLE 7                GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2030 (USD BILLION) 56

TABLE 8                AVERAGE SELLING PRICE OF PHASE CHANGE MATERIALS,

BY APPLICATION, 2024 (USD/KG)             59

TABLE 9                AVERAGE SELLING PRICE TREND OF PHASE CHANGE MATERIALS,

BY REGION, 2022–2030 (USD/KG)               60

TABLE 10              PHASE CHANGE MATERIALS MARKET: ROLE OF PLAYERS IN ECOSYSTEM              61

TABLE 11              IMPORT DATA FOR HS CODE 3823-COMPLIANT PRODUCTS, BY REGION,

2020–2024 (USD MILLION)            66

TABLE 12              EXPORT DATA FOR HS CODE 3823-COMPLIANT PRODUCTS, BY REGION,

2020–2024 (USD MILLION)            67

TABLE 13              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           68

TABLE 14              NORTH AMERICA: REGULATIONS RELATED TO PHASE CHANGE MATERIALS       68

TABLE 15              EUROPE: REGULATIONS RELATED TO PHASE CHANGE MATERIALS     69

TABLE 16              ASIA PACIFIC: REGULATIONS RELATED TO PHASE CHANGE MATERIALS       69

TABLE 17              SOUTH AMERICA: REGULATIONS RELATED TO PHASE CHANGE MATERIALS       70

TABLE 18              MIDDLE EAST & AFRICA: REGULATIONS RELATED TO PHASE CHANGE MATERIALS           70

TABLE 19              PHASE CHANGE MATERIALS MARKET: LIST OF KEY CONFERENCES

AND EVENTS, 2025–2026                 71

TABLE 20              PHASE CHANGE MATERIALS MARKET: FUNDING/INVESTMENT SCENARIO,

2023–2025              72

TABLE 21              PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND GRANTED PATENTS, 2014–2024                 73

TABLE 22              PHASE CHANGE MATERIALS MARKET: LIST OF MAJOR PATENTS, 2014–2024         74

TABLE 23              PATENTS BY IBM              77

TABLE 24              US ADJUSTED RECIPROCAL TARIFF RATES                 79

TABLE 25              PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (USD THOUSAND)      86

TABLE 26              PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (USD THOUSAND)      86

TABLE 27              PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)               87

TABLE 28              PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)               87

TABLE 29              ORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      88

TABLE 30              ORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      88

TABLE 31              ORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (TON)               88

TABLE 32              ORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (TON)               89

TABLE 33              INORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      89

TABLE 34              INORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      90

TABLE 35              INORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (TON)               90

TABLE 36              INORGANIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (TON)               90

TABLE 37              EUTECTIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      91

TABLE 38              EUTECTIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      91

TABLE 39              EUTECTIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (TON)               92

TABLE 40              EUTECTIC PCM: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (TON)               92

TABLE 41              PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      94

TABLE 42              PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      95

TABLE 43              PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (TON)                95

TABLE 44              PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (TON)                96

TABLE 45              BUILDING & CONSTRUCTION: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (USD THOUSAND)                 96

TABLE 46              BUILDING & CONSTRUCTION: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (USD THOUSAND)                 97

TABLE 47              BUILDING & CONSTRUCTION: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)         97

TABLE 48              BUILDING & CONSTRUCTION: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)         97

TABLE 49              HVAC: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      98

TABLE 50              HVAC: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      98

TABLE 51              HVAC: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)             99

TABLE 52              HVAC: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)             99

TABLE 53              COLD CHAIN & PACKAGING: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (USD THOUSAND)                 100

TABLE 54              COLD CHAIN & PACKAGING: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (USD THOUSAND)                 100

TABLE 55              COLD CHAIN & PACKAGING: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)         100

TABLE 56              COLD CHAIN & PACKAGING: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)         101

TABLE 57              THERMAL ENERGY STORAGE: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (USD THOUSAND)                 101

TABLE 58              THERMAL ENERGY STORAGE: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (USD THOUSAND)                 102

TABLE 59              THERMAL ENERGY STORAGE: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)         102

TABLE 60              THERMAL ENERGY STORAGE: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)         102

TABLE 61              REFRIGERATION & EQUIPMENT: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (USD THOUSAND)      103

TABLE 62              REFRIGERATION & EQUIPMENT: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (USD THOUSAND)      103

TABLE 63              REFRIGERATION & EQUIPMENT: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)                 104

TABLE 64              REFRIGERATION & EQUIPMENT: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)                 104

TABLE 65              TEXTILES: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      105

TABLE 66              TEXTILES: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      105

TABLE 67              TEXTILES: PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)  105

TABLE 68              TEXTILES: PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)  106

TABLE 69              ELECTRONICS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      106

TABLE 70              ELECTRONICS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      107

TABLE 71              ELECTRONICS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (TON)               107

TABLE 72              ELECTRONICS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (TON)               107

TABLE 73              OTHER APPLICATIONS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (USD THOUSAND)      108

TABLE 74              OTHER APPLICATIONS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (USD THOUSAND)      108

TABLE 75              OTHER APPLICATIONS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2020–2024 (TON)               109

TABLE 76              OTHER APPLICATIONS: PHASE CHANGE MATERIALS MARKET, BY REGION,

2025–2030 (TON)               109

TABLE 77              PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (USD THOUSAND)   111

TABLE 78              PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (USD THOUSAND)   112

TABLE 79              PHASE CHANGE MATERIALS MARKET, BY REGION, 2020–2024 (TON)             112

TABLE 80              PHASE CHANGE MATERIALS MARKET, BY REGION, 2025–2030 (TON)             112

TABLE 81              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      113

TABLE 82              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      114

TABLE 83              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)        114

TABLE 84              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)        114

TABLE 85              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      115

TABLE 86              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      115

TABLE 87              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               116

TABLE 88              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               116

TABLE 89              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2020–2024 (USD THOUSAND)      116

TABLE 90              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2025–2030 (USD THOUSAND)      117

TABLE 91              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2020–2024 (TON)               117

TABLE 92              ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2025–2030 (TON)               117

TABLE 93              CHINA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      118

TABLE 94              CHINA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      118

TABLE 95              CHINA: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)            119

TABLE 96              CHINA: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)            119

TABLE 97              CHINA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      119

TABLE 98              CHINA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      120

TABLE 99              CHINA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (TON)          120

TABLE 100            CHINA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (TON)          121

TABLE 101            INDIA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      121

TABLE 102            INDIA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      122

TABLE 103            INDIA: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)  122

TABLE 104            INDIA: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)  122

TABLE 105            INDIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      123

TABLE 106            INDIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      123

TABLE 107            INDIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (TON)                124

TABLE 108            INDIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (TON)                124

TABLE 109            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      125

TABLE 110            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      125

TABLE 111            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)        125

TABLE 112            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)        126

TABLE 113            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      126

TABLE 114            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      126

TABLE 115            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               127

TABLE 116            AUSTRALIA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               127

TABLE 117            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      128

TABLE 118            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      128

TABLE 119            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)        128

TABLE 120            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)        129

TABLE 121            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      129

TABLE 122            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      129

TABLE 123            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               130

TABLE 124            SINGAPORE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               130

TABLE 125            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      131

TABLE 126            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      132

TABLE 127            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (TON)               132

TABLE 128            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (TON)               132

TABLE 129            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      133

TABLE 130            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      133

TABLE 131            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               134

TABLE 132            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               134

TABLE 133            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2020–2024 (USD THOUSAND)      134

TABLE 134            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2025–2030 (USD THOUSAND)      135

TABLE 135            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2020–2024 (TON)               135

TABLE 136            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2025–2030 (TON)               135

TABLE 137            US: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (USD THOUSAND)         136

TABLE 138            US: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (USD THOUSAND)         136

TABLE 139            US: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)  136

TABLE 140            US: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)  137

TABLE 141            US: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      137

TABLE 142            US: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      137

TABLE 143            US: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (TON)                138

TABLE 144            US: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (TON)                138

TABLE 145            EUROPE: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      139

TABLE 146            EUROPE: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      140

TABLE 147            EUROPE: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)            140

TABLE 148            EUROPE: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)            140

TABLE 149            EUROPE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      141

TABLE 150            EUROPE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      141

TABLE 151            EUROPE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               142

TABLE 152            EUROPE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               142

TABLE 153            EUROPE: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2020–2024 (USD THOUSAND)      142

TABLE 154            EUROPE: PHASE CHANGE MATERIALS MARKET, BY COUNTRY,

2025–2030 (USD THOUSAND)      143

TABLE 155            EUROPE: PHASE CHANGE MATERIALS MARKET, BY COUNTRY, 2020–2024 (TON) 143

TABLE 156            EUROPE: PHASE CHANGE MATERIALS MARKET, BY COUNTRY, 2025–2030 (TON) 143

TABLE 157            GERMANY: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      144

TABLE 158            GERMANY: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      144

TABLE 159            GERMANY: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)        145

TABLE 160            GERMANY: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)        145

TABLE 161            GERMANY: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      145

TABLE 162            GERMANY: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      146

TABLE 163            GERMANY: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               146

TABLE 164            GERMANY: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               147

TABLE 165            FRANCE: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      147

TABLE 166            FRANCE: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      148

TABLE 167            FRANCE: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)            148

TABLE 168            FRANCE: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)            148

TABLE 169            FRANCE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      149

TABLE 170            FRANCE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      149

TABLE 171            FRANCE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               150

TABLE 172            FRANCE: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               150

TABLE 173            UK: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (USD THOUSAND)         151

TABLE 174            UK: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (USD THOUSAND)         151

TABLE 175            UK: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)  151

TABLE 176            UK: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)  151

TABLE 177            UK: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      152

TABLE 178            UK: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      152

TABLE 179            UK: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (TON)                153

TABLE 180            UK: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (TON)                153

TABLE 181            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      154

TABLE 182            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      154

TABLE 183            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2020–2024 (TON)        154

TABLE 184            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY TYPE, 2025–2030 (TON)        155

TABLE 185            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (USD THOUSAND)      155

TABLE 186            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (USD THOUSAND)      155

TABLE 187            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2020–2024 (TON)               156

TABLE 188            NETHERLANDS: PHASE CHANGE MATERIALS MARKET, BY APPLICATION,

2025–2030 (TON)               156

TABLE 189            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (USD THOUSAND)      157

TABLE 190            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (USD THOUSAND)      157

TABLE 191            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2020–2024 (TON)               158

TABLE 192            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY TYPE,

2025–2030 (TON)               158

TABLE 193            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (USD THOUSAND)      158

TABLE 194            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (USD THOUSAND)      159

TABLE 195            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2020–2024 (TON)                 159

TABLE 196            REST OF THE WORLD: PHASE CHANGE MATERIALS MARKET, BY APPLICATION, 2025–2030 (TON)                 160

TABLE 197            OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF PHASE CHANGE MATERIALS         161

TABLE 198            PHASE CHANGE MATERIALS MARKET: DEGREE OF COMPETITION           163

TABLE 199            PHASE CHANGE MATERIALS MARKET: REGION FOOTPRINT       168

TABLE 200            PHASE CHANGE MATERIALS MARKET: TYPE FOOTPRINT       169

TABLE 201            PHASE CHANGE MATERIALS MARKET: APPLICATION FOOTPRINT         170

TABLE 202            PHASE CHANGE MATERIALS MARKET: DETAILED LIST OF KEY STARTUPS/SMES             172

TABLE 203            PHASE CHANGE MATERIALS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              173

TABLE 204            PHASE CHANGE MATERIALS MARKET: DEALS, JANUARY 2020–APRIL 2025            175

TABLE 205            PHASE CHANGE MATERIALS MARKET: EXPANSIONS, JANUARY 2020–APRIL 2025                176

TABLE 206            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          177

TABLE 207            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    178

TABLE 208            DUPONT DE NEMOURS, INC.: COMPANY OVERVIEW          180

TABLE 209            DUPONT DE NEMOURS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    181

TABLE 210            DUPONT DE NEMOURS, INC.: DEALS, JANUARY 2019–APRIL 2025                182

TABLE 211            CRODA INTERNATIONAL PLC.: COMPANY OVERVIEW          184

TABLE 212            CRODA INTERNATIONAL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    185

TABLE 213            BOYD CORPORATION: COMPANY OVERVIEW                 187

TABLE 214            BOYD CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    187

TABLE 215            SASOL LIMITED: COMPANY OVERVIEW 189

TABLE 216            SASOL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    190

TABLE 217            PURETEMP LLC: COMPANY OVERVIEW 192

TABLE 218            PURETEMP LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    192

TABLE 219            CLIMATOR SWEDEN AB: COMPANY OVERVIEW                 194

TABLE 220            CLIMATOR SWEDEN AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    194

TABLE 221            RUBITHERM TECHNOLOGIES GMBH: COMPANY OVERVIEW   195

TABLE 222            RUBITHERM TECHNOLOGIES GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    195

TABLE 223            MICROTEK LABORATORIES, INC.: COMPANY OVERVIEW          197

TABLE 224            MICROTEK LABORATORIES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    198

TABLE 225            PHASE CHANGE SOLUTIONS: COMPANY OVERVIEW          199

TABLE 226            PHASE CHANGE SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    199

TABLE 227            COLD CHAIN TECHNOLOGIES: COMPANY OVERVIEW          200

TABLE 228            COLD CHAIN TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    200

TABLE 229            COLD CHAIN TECHNOLOGIES: DEALS, JANUARY 2019–APRIL 2025            201

TABLE 230            COLD CHAIN TECHNOLOGIES: EXPANSIONS, JANUARY 2019–APRIL 2025            201

TABLE 231            OUTLAST TECHNOLOGIES LLC: COMPANY OVERVIEW          202

TABLE 232            OUTLAST TECHNOLOGIES LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    202

TABLE 233            OUTLAST TECHNOLOGIES LLC: PRODUCT LAUNCHES          202

TABLE 234            PHASE CHANGE MATERIALS PRODUCTS LIMITED: COMPANY OVERVIEW               203

TABLE 235            PHASE CHANGE MATERIALS PRODUCTS LIMITED: PRODUCTS/SOLUTIONS/ SERVICES OFFERED                 203

TABLE 236            AI TECHNOLOGY, INC.: COMPANY OVERVIEW                 204

TABLE 237            BEYOND INDUSTRIES (CHINA) LIMITED: COMPANY OVERVIEW   204

TABLE 238            CIAT GROUP: COMPANY OVERVIEW       205

TABLE 239            CRYOPAK INDUSTRIES INC.: COMPANY OVERVIEW          205

TABLE 240            DATUM PHASE CHANGE LIMITED: COMPANY OVERVIEW          206

TABLE 241            INSOLCORP LLC: COMPANY OVERVIEW                 207

TABLE 242            IOLITEC IONIC LIQUIDS TECHNOLOGIES GMBH: COMPANY OVERVIEW    208

TABLE 243            KAPLAN ENERGY SAS: COMPANY OVERVIEW                 208

TABLE 244            PARKER-HANNIFIN CORPORATION: COMPANY OVERVIEW          209

TABLE 245            MIKROCAPS: COMPANY OVERVIEW        209

TABLE 246            SHENZHEN AOCHUAN TECHNOLOGY CO. LTD.: COMPANY OVERVIEW   210

TABLE 247            SHIN-ETSU CHEMICAL CO., LTD: COMPANY OVERVIEW          210

TABLE 248            TEAPPCM: COMPANY OVERVIEW             211

TABLE 249            MILLIKEN & COMPANY: COMPANY OVERVIEW                 211

TABLE 250            PLUSS ADVANCED TECHNOLOGIES PVT. LTD.: COMPANY OVERVIEW   212

TABLE 251          EUROPE: THERMAL ENERGY STORAGE MARKET, BY COUNTRY,

2018–2025 (USD THOUSAND)      214

TABLE 252            AMERICAS: THERMAL ENERGY STORAGE MARKET, BY COUNTRY,

2018–2025 (USD THOUSAND)      214

TABLE 253            MIDDLE EAST & AFRICA: THERMAL ENERGY STORAGE MARKET, BY COUNTRY, 2018–2025 (USD THOUSAND)                 215

TABLE 254            ASIA PACIFIC: THERMAL ENERGY STORAGE MARKET, BY COUNTRY,

2018–2025 (USD THOUSAND)      215

LIST OF FIGURES

FIGURE 1              PHASE CHANGE MATERIALS MARKET: SEGMENTATION AND REGIONAL SCOPE              25

FIGURE 2              PHASE CHANGE MATERIALS MARKET: RESEARCH DESIGN         29

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): COLLECTIVE REVENUE AND SHARE OF MAJOR PLAYERS         33

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 – BOTTOM-UP

(SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS                 33

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 3 – BOTTOM-UP (DEMAND-SIDE)    34

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 3 – TOP-DOWN APPROACH 34

FIGURE 7              PHASE CHANGE MATERIALS MARKET: DATA TRIANGULATION             36

FIGURE 8              MARKET CAGR PROJECTIONS FROM SUPPLY SIDE      37

FIGURE 9              MARKET GROWTH PROJECTIONS FROM DEMAND SIDE: DRIVERS AND OPPORTUNITIES                38

FIGURE 10            COLD CHAIN & PACKAGING TO BE FASTEST-GROWING APPLICATION

DURING FORECAST PERIOD       41

FIGURE 11            ORGANIC PHASE CHANGE MATERIALS TO DOMINATE PHASE CHANGE

MATERIALS MARKET IN 2025      41

FIGURE 12            EUROPE ACCOUNTED FOR LARGEST MARKET SHARE IN 2024   42

FIGURE 13            GROWING DEMAND FROM COLD CHAIN & PACKAGING APPLICATION

TO DRIVE MARKET         43

FIGURE 1              NORTH AMERICA TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD  43

FIGURE 2              BUILDING & CONSTRUCTION SEGMENT ACCOUNTED FOR LARGEST SHARE OF EUROPEAN PHASE CHANGE MATERIALS MARKET IN 2024   44

FIGURE 3              SHIFTING APPLICATION TRENDS IN PHASE CHANGE MATERIALS MARKET IN 2024   44

FIGURE 4              US TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         45

FIGURE 5              PHASE CHANGE MATERIALS MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     46

FIGURE 6              COMPARISON BETWEEN TEMPERATURES WITH AND WITHOUT USE

OF PHASE CHANGE MATERIALS                48

FIGURE 7              PHASE CHANGE MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS            52

FIGURE 8              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS           54

FIGURE 9              KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 55

FIGURE 10            PHASE CHANGE MATERIALS MARKET: SUPPLY CHAIN ANALYSIS              57

FIGURE 11            AVERAGE SELLING PRICE OF PHASE CHANGE MATERIALS, BY APPLICATION, 2024         58

FIGURE 12            AVERAGE SELLING PRICE TREND OF PHASE CHANGE MATERIALS,

BY REGION, 2022–2030    59

FIGURE 13            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   60

FIGURE 14            PHASE CHANGE MATERIALS MARKET: ECOSYSTEM ANALYSIS  61

FIGURE 15            IMPORT SCENARIO FOR HS CODE 3823-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2020–2024       65

FIGURE 16            EXPORT SCENARIO FOR HS CODE 3823-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2020–2024       66

FIGURE 17            PATENTS REGISTERED FOR PHASE CHANGE MATERIALS, 2014–2024   73

FIGURE 18            MAJOR PATENTS RELATED TO PHASE CHANGE MATERIALS, 2014–2024   74

FIGURE 19            LEGAL STATUS OF PATENTS FILED FOR PHASE CHANGE MATERIALS     78

FIGURE 20            MAXIMUM PATENTS FILED IN JURISDICTION OF US FROM 2014 TO 2024            78

FIGURE 21            IMPACT OF AI/GEN AI ON PHASE CHANGE MATERIALS MARKET      83

FIGURE 22            ORGANIC PCM SEGMENT TO LEAD MARKET IN 2025        86

FIGURE 23            BUILDING & CONSTRUCTION SEGMENT TO LEAD MARKET IN 2025   94

FIGURE 24            NORTH AMERICA TO REGISTER HIGHEST CAGR IN PHASE CHANGE MATERIALS MARKET BETWEEN 2025 AND 2030        111

FIGURE 25            ASIA PACIFIC: PHASE CHANGE MATERIALS MARKET SNAPSHOT       113

FIGURE 26            NORTH AMERICA: PHASE CHANGE MATERIALS MARKET SNAPSHOT       131

FIGURE 27            EUROPE: PHASE CHANGE MATERIALS MARKET SNAPSHOT          139

FIGURE 28            HONEYWELL INTERNATIONAL INC. LED PHASE CHANGE MATERIALS

MARKET IN 2024                163

FIGURE 29            REVENUE ANALYSIS OF KEY COMPANIES IN LAST 5 YEARS    165

FIGURE 30            PHASE CHANGE MATERIALS MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     166

FIGURE 31            PHASE CHANGE MATERIALS MARKET: COMPANY FOOTPRINT 167

FIGURE 32            PHASE CHANGE MATERIALS MARKET: COMPANY EVALUATION

MATRIX (STARTUPS/SMES), 2024               172

FIGURE 33            PHASE CHANGE MATERIALS MARKET: BRAND/PRODUCT COMPARISON             173

FIGURE 34            PHASE CHANGE MATERIALS MARKET: ENTERPRISE VALUATION (EV)

OF KEY PLAYERS              174

FIGURE 35            PHASE CHANGE MATERIALS MARKET: EV/EBITDA OF KEY MANUFACTURERS  175

FIGURE 36            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          178

FIGURE 37            DUPONT DE NEMOURS, INC.: COMPANY SNAPSHOT          181

FIGURE 38            CRODA INTERNATIONAL PLC.: COMPANY SNAPSHOT          185

FIGURE 39            SASOL LIMITED: COMPANY SNAPSHOT 190