Advanced Phase Change Materials Market to Hit USD 4.5 Million by 2030, Propelled by Robust 12.61% CAGR Growth

The surge in global industrialization, rising demand for efficient thermal management solutions, increased focus on energy conservation.

DE, UNITED STATES, August 6, 2025 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, the global advanced phase change materials (PCM) market was valued at $1.4 billion in 2020 and is projected to reach $4.5 billion by 2030, growing at a CAGR of 12.61% from 2021 to 2030. The report provides a comprehensive analysis of market dynamics, investment opportunities, key segments, competitive landscape, and emerging trends.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/1975

Market Drivers and Opportunities:

The surge in global industrialization, rising demand for efficient thermal management solutions, increased focus on energy conservation, and growing adoption of sustainable materials are the key factors fueling the market growth. In addition, the rising need for reliable transportation and cold-chain logistics further boosts the demand for phase change materials.

Although high production costs remain a challenge, ongoing technological advancements and innovation in bio-based and organic PCMs present lucrative growth opportunities for market players.

Segment Highlights:-

By Application:

The building and construction segment accounted for the largest share in 2020, driven by the increasing incorporation of PCMs in energy-efficient buildings. Meanwhile, the electronics segment is projected to grow at the fastest CAGR of 14.08%, fueled by the need for heat regulation in high-performance devices.

By Type:

The organic PCM segment dominated the market in 2020, holding nearly 50% of the total share. However, the bio-based PCM segment is expected to witness the highest CAGR of 13.24%, owing to growing environmental awareness and regulatory support for green materials.

By Region:

Europe led the global market in 2020, accounting for over one-third of the total revenue, supported by strong demand in building, automotive, and textile industries. On the other hand, the Asia-Pacific region is forecast to exhibit the fastest CAGR of 13.29%, driven by rapid urbanization, infrastructure development, and industrial expansion across emerging economies.

Key Market Players

- 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.
- Pluss Advanced Technologies Pvt. Ltd.

These players are focusing on strategic collaborations, product innovations, and R&D investments to strengthen their market position and meet the evolving demands of energy-efficient solutions.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/advanced-phase-change-materials-market/purchase-options

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. 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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