첨단 상변화물질 시장 보고서 : 동향, 예측, 경쟁 분석(-2031년)

The future of the global advanced phase change material market looks promising, with opportunities in the building & construction, energy storage, HVAC, shipping & transportation, electronic, and textile markets. The global advanced phase change material market is expected to reach an estimated $3.3 billion by 2031, with a CAGR of 11.6% from 2025 to 2031. The major drivers for this market are growth in the market for effective materials for temperature control, increase in the significance of sustainable development and energy conservation, as well as rising need for effective insulation in HVAC and commercial freezing applications.

• Lucintel forecasts that, within the type category, bio-based is expected to witness the highest growth over the forecast period due to rising knowledge and demand for renewable resources, reinforced by government measures to minimize dependence on fossil fuels, as well as, increasing need for bio-based PCM across a range of industries, including food processing, textiles, and cold chain logistics.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rising textile and manufacturing sectors, significant increases in the level of personal income, and improvement of the financial situation of the consumers in the region.

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Emerging Trends in the Advanced Phase Change Material Market

The advanced material phase change (PCM) market is shaped by several emerging trends. Here are five key trends:

• Environmentally Friendly Building Solutions: The use of PCMs in environmentally friendly building materials is becoming increasingly popular. Buildings use PCMs to reduce the need for heating and cooling, as well as to balance indoor temperatures. This trend aligns with global efforts aimed at increasing energy efficiency and reducing carbon footprints.
• Smart Grid Integration: Advanced PCMs are now being integrated into smart grids to better manage and store energy. For example, thermal energy storage helps balance supply and demand, improves grid stability, and enables renewable source integration.
• Automotive Applications: In the automotive industry, PCMs manage heat flow within a vehicle to maintain optimum temperature conditions. These can be found in different components where they help regulate temperature and enhance battery output, contributing to overall vehicle efficiency. It reflects a drive toward energy-efficient operations and enhanced performance across the sector.
• Electronics Cooling: Advanced PCM-based electronics cooling solutions effectively manage heat generated by high-performance devices. Manufacturers can improve thermal management, thus extending the life of electronic components by embedding PCMs into electronic packages or cooling systems.
• Innovative Formulations: A key trend is the development of new formulations of PCM with improved properties, such as greater thermal storage capacities, increased durability, and better compatibility with various materials and applications. These developments are expanding PCM usage, thereby propelling growth in various sectors.

With these ongoing trends driving innovation, application enhancements, and supporting sustainability objectives, the advanced PCM market is undergoing significant transformation.

Recent Developments in the Advanced Phase Change Material Market

There has been remarkable progress in technology, application expansion, and sustainability efforts in the recent developments of the advanced phase change material (PCM) market. The following are the five main developments:

• Improving PCM Formulations: Scientists are developing advanced PCM formulations with improved thermal properties and higher storage capacities. These innovations make PCMs faster and more efficient, increasing their utility across a broad range of applications.
• Incorporation into Building Materials: PCMs are increasingly integrated into building materials like insulation panels and drywall to enhance energy efficiency in buildings during construction. This integration helps maintain indoor temperatures and reduce reliance on HVAC systems.
• Growing Automotive Applications: Advanced PCMs have been adopted for use in car engines, batteries, and other interior parts to help manage heat more effectively. With improved thermal performance, these substances make vehicles more energy-efficient, aligning with industry trends toward greener technologies.
• Development of Smart PCM Systems: The development of smart grid-enabled PCM systems that optimize energy storage and management is underway. By using PCMs for storing and releasing heat energy, such solutions support renewable energy integration while improving grid stability.
• Sustainable Solutions Focus: There is an increasing focus on environmentally friendly, sustainable PCM solutions. The need to address climate change and promote clean energy has made this possible.

These developments impact the advanced PCM market by facilitating technological advancement, opening up new fields for applications, and supporting sustainable practices.

Strategic Growth Opportunities for Advanced Phase Change Material Market

The stage of development in which a substance transforms from one state to another (Phase Change Material - PCM) is opening up multiple strategic opportunities for growth across major applications. Five key growth opportunities are listed below:

• Energy-Efficient Building Materials: Integrating PCMs into building materials presents substantial growth potential. By improving energy efficiency and controlling indoor temperatures, PCMs support sustainable construction practices and reduce reliance on HVAC systems.
• Automotive Thermal Management: The automotive industry presents PCM-based growth potential for managing heat in engines, batteries, and other parts. This innovation can help enhance vehicle performance and fuel economy, aligning with the trend toward utilizing energy-efficient technologies in this sector.
• Electronics Cooling Solutions: PCMs are being used more often for cooling electronics to control heat within high-performance systems. This provides an opportunity for the growing use of PCMs in the electronics industry, offering better thermal management and extending the life of components.
• Smart Grid and Energy Storage: Introducing PCMs to smart grid technology and energy storage systems shows great investment prospects. They can assist in managing energy usage rates, promote renewable energy integration, and address grid stability and efficiency issues.
• Sustainable Product Development: As attention shifts toward developing a sustainable product strategy, there are opportunities for eco-friendly yet cost-effective PCMs. These innovations provide solutions consistent with global sustainability objectives and market requirements concerning PCM production methods and formulations.

These opportunities are facilitating growth and innovation within the advanced PCM market, leading to higher market share gains and profits.

Advanced Phase Change Material Market Driver and Challenges

The advanced phase change material (PCM) market is influenced by various drivers and challenges that impact its growth and development.

The factors driving the advanced phase change material market include:

• Demand for Energy Efficiency: The adoption of advanced PCMs is driven by the growing need for energy-efficient solutions in building materials, automotive, and electronics. They help regulate temperatures and reduce energy consumption, supporting global sustainability goals.
• Technological Advancements: Market growth is being propelled by innovations in PCM technology, such as improved formulations and integration into different applications. These advancements increase performance and extend the use of PCMs across sectors.
• Support for Renewable Energy Integration: PCMs provide better energy storage capabilities for renewable energy integration. This attribute allows for the balancing of supply with demand and improves grid stability.

Challenges in the advanced phase change material market include:

• High Production Costs: Producers of advanced PCMs face high costs, including those incurred when producing raw materials or using essential technologies. Managing production costs without compromising quality or competitiveness becomes a major challenge.
• Regulatory Compliance: Meeting strict environmental and safety regulations presents a major challenge for PCM manufacturers. Compliance requires continuous investment in measures and sustainable practices.
• Market Competition: The advanced PCM market faces stiff competition from many firms offering similar products. Differentiating products while remaining competitive within prevailing market trends is a significant challenge.

In general, these drivers and challenges shape the larger advanced PCM market, affecting its growth process, innovation, and market dynamics, providing opportunities for strategic adaptation and growth.

List of Advanced Phase Change Material Companies

Companies in the market compete based on product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, advanced phase change material companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced phase change material companies profiled in this report include-

• Pluss Advanced Technologies
• DuPont
• BASF SE
• Entropy Solutions
• Phase Change Energy Solutions
• Advansa B.V
• Cryopak

Advanced Phase Change Material by Segment

The study includes a forecast for the global advanced phase change material market by type, application, and region.

Advanced Phase Change Material Market by Type [Analysis by Value from 2019 to 2031]:

• Organic PCM
• Inorganic PCM
• Bio-Based PCM

Advanced Phase Change Material Market by Application [Analysis by Value from 2019 to 2031]:

• Building & Construction
• Energy Storage
• HVAC
• Shipping & Transportation
• Electronics
• Textiles
• Others

Advanced Phase Change Material Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Advanced Phase Change Material Market

The growing demand for energy efficiency and thermal management solutions is driving significant developments in the advanced phase change materials (PCM) market. Advanced PCMs, which store and release thermal energy during phase transitions, are increasingly used in various applications, including building materials, electronics, and automotive industries. The evolution of this market has been highlighted by recent advancements in the United States, China, Germany, India, and Japan, driven by technological innovations, regulatory changes, and shifting consumer demands.

• United States: In the U.S., the advanced PCM market is advancing with increased adoption in building materials and HVAC systems. Innovations include high-performance PCMs that enhance energy efficiency in residential and commercial buildings. This also involves integrating PCMs into smart grid technologies and energy storage solutions to support renewable energy integration.
• China: Encouraged by increasing construction activities and electronics industry growth, China is rapidly enlarging its advanced PCM market. Examples include using PCMs for energy-efficient building designs and electronic cooling applications. Additionally, the government of China has strongly supported the development of superior PCMs through subsidies and other incentives to encourage the use of power-saving technology.
• Germany: Germany is focusing on integrating advanced PCMs into sustainable building materials and automotive applications. Recent advancements include innovative PCM formulations that improve thermal performance and energy efficiency. With Germany's commitment to sustainability, there is a call for more R&D investments to boost PCM technology.
• India: Rising awareness of energy efficiency and thermal management solutions has propelled the Indian advanced PCM market in India. These include infusing PCMs into building materials and expanding research on cost-effective PCM solutions. Infrastructure development and construction sector growth in India create a demand for highly developed PCMs.
• Japan: Japan is advancing its PCM technology with a focus on high-performance materials for electronics and automotive applications. Recent developments include creating PCMs with improved heat conductivity properties compared to others, with a longer lifespan. Technological innovation and energy efficiency are emphasized in Japan, driving growth in the advanced PCM market.

Features of the Global Advanced Phase Change Material Market

Market Size Estimates: Advanced phase change material market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Advanced phase change material market size by type, application, and region in terms of value ($B).

Regional Analysis: Advanced phase change material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the advanced phase change material market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced phase change material market.

Analysis of the competitive intensity of the industry based on Porter's Five Forces model.

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This report answers the following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the advanced phase change material market by type (organic PCM, inorganic PCM, and bio-based PCM), application (building & construction, energy storage, HVAC, shipping & transportation, electronics, textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market, and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years, and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Advanced Phase Change Material Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Advanced Phase Change Material Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Advanced Phase Change Material Market by Type
  • 3.3.1: Organic PCM
  • 3.3.2: Inorganic PCM
  • 3.3.3: Bio-Based PCM
• 3.4: Global Advanced Phase Change Material Market by Application
  • 3.4.1: Building & Construction
  • 3.4.2: Energy Storage
  • 3.4.3: HVAC
  • 3.4.4: Shipping & Transportation
  • 3.4.5: Electronics
  • 3.4.6: Textiles
  • 3.4.7: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Advanced Phase Change Material Market by Region
• 4.2: North American Advanced Phase Change Material Market
  • 4.2.1: North American Market by Type: Organic PCM, Inorganic PCM, and Bio-Based PCM
  • 4.2.2: North American Market by Application: Building & Construction, Energy Storage, HVAC, Shipping & Transportation, Electronics, Textiles, and Others
• 4.3: European Advanced Phase Change Material Market
  • 4.3.1: European Market by Type: Organic PCM, Inorganic PCM, and Bio-Based PCM
  • 4.3.2: European Market by Application: Building & Construction, Energy Storage, HVAC, Shipping & Transportation, Electronics, Textiles, and Others
• 4.4: APAC Advanced Phase Change Material Market
  • 4.4.1: APAC Market by Type: Organic PCM, Inorganic PCM, and Bio-Based PCM
  • 4.4.2: APAC Market by Application: Building & Construction, Energy Storage, HVAC, Shipping & Transportation, Electronics, Textiles, and Others
• 4.5: ROW Advanced Phase Change Material Market
  • 4.5.1: ROW Market by Type: Organic PCM, Inorganic PCM, and Bio-Based PCM
  • 4.5.2: ROW Market by Application: Building & Construction, Energy Storage, HVAC, Shipping & Transportation, Electronics, Textiles, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Advanced Phase Change Material Market by Type
  • 6.1.2: Growth Opportunities for the Global Advanced Phase Change Material Market by Application
  • 6.1.3: Growth Opportunities for the Global Advanced Phase Change Material Market by Region
• 6.2: Emerging Trends in the Global Advanced Phase Change Material Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Advanced Phase Change Material Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Advanced Phase Change Material Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Pluss Advanced Technologies
• 7.2: DuPont
• 7.3: BASF SE
• 7.4: Entropy Solutions
• 7.5: Phase Change Energy Solutions
• 7.6: Advansa B.V
• 7.7: Cryopak