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US Advanced Phase Change Materials Market Size & Share Analysis 2025 - Trends & Forecasts, 2018-2034

US Advanced Phase Change Materials Market Size, Share, and Growth Analysis, 2025- Industry Trends and Outlook By Application (Building and Construction, Energy Storage, HVAC, Shipping and Transportation, Electronics, Textiles, Others), By Type (Organic PCM, Inorganic PCM, Bio-based PCM), 2018-2034

Published Aug 2025
Pages 125 Pages
Report Code VPA100024
Sector Chemicals

US Advanced Phase Change Materials Market Size

 

The US Advanced Phase Change Materials Market size is estimated at $365.12 Million in 2025. Further, the market is poised to reach $941.6 Million in 2034, registering a growth rate (CAGR) of 11.1%.



The comprehensive report provides an in-depth analysis of the US Advanced Phase Change Materials industry. This 10th edition is developed based on our meticulous research of primary and secondary data sources, ensuring accuracy and reliability. The analytical study covers market size across By Application (Building and Construction, Energy Storage, HVAC, Shipping and Transportation, Electronics, Textiles, Others), By Type (Organic PCM, Inorganic PCM, Bio-based PCM). It offers key drivers, challenges, and growth forecasts into the market current state and future prospects from 2018 to 2034. Leading companies and their market shares are included in the study.

 

 

 

US Advanced Phase Change Materials Market Analysis



The U.S. advanced phase change materials (PCMs) market is gaining traction as industries seek innovative thermal management solutions for energy efficiency and sustainability. PCMs, including bio-based paraffins, salt hydrates, and organic compounds, are increasingly used in building insulation, cold chain logistics, thermal energy storage, and electronics cooling. The construction sector is integrating PCMs into smart insulation materials to enhance energy efficiency and reduce HVAC loads, while the healthcare industry relies on them for temperature-sensitive vaccine and biopharmaceutical transportation. In renewable energy, advanced PCMs play a crucial role in thermal batteries and concentrated solar power (CSP) systems, improving energy storage efficiency. With rising R&D investments from the Department of Energy (DOE) and collaborations with material science innovators, the U.S. is advancing next-generation PCMs that offer higher latent heat storage, longer life cycles, and improved sustainability.

PCMs are gaining traction in thermal energy storage systems, helping to regulate temperatures in buildings, electronics, and textiles. Research published in Renewable and Sustainable Energy Reviews found that PCM-based thermal storage systems can reduce energy consumption for heating and cooling by up to 30% in residential buildings. https://www.sciencedirect.com/journal/renewable-and-sustainable-energy-reviews

 

 

 

US Advanced Phase Change Materials Market Trends

 

 

Advanced Phase Change Materials Market: Increasing Demand for Thermal Energy Storage Solutions in Buildings and Renewable Energy

The US market for advanced phase change materials (PCMs) is expanding rapidly due to their critical role in thermal energy storage, sustainable building design, and renewable energy applications. PCMs, which store and release heat efficiently, are being integrated into HVAC systems, smart textiles, and grid-scale energy storage to enhance energy efficiency and reduce peak energy loads. Companies such as PureTemp and Climator Sweden are developing bio-based and inorganic PCMs tailored for US industries seeking to reduce energy consumption and carbon footprints. The growing emphasis on energy-efficient buildings, driven by stricter federal and state energy codes, is accelerating PCM adoption across commercial and residential sectors.

 

 

US Advanced Phase Change Materials Market Opportunity– Expansion in Energy–Efficient Building Applications

The demand for energy–efficient buildings is driving the adoption of advanced phase change materials (PCMs) for thermal management and climate control. With net–zero building mandates and stringent energy codes such as the ASHRAE 90.1 standard, PCMs are increasingly integrated into walls, ceilings, and HVAC systems to regulate indoor temperatures and reduce energy consumption. Companies like PureTemp, Climator, and BASF are leading innovations in bio–based and microencapsulated PCMs, offering solutions for residential, commercial, and industrial applications. As US cities push for decarbonization and reduced HVAC loads, the market for high–performance PCMs in sustainable construction is poised for rapid expansion.

 

 

 

Segment Analysis

 

 

 

US Advanced Phase Change Materials Market By Application (Building and Construction, Energy Storage, HVAC, Shipping and Transportation, Electronics, Textiles, Others)

Building and construction is the largest application segment for advanced phase change materials (PCMs) in the US, driven by the need for energy-efficient structures and temperature regulation. PCMs are integrated into walls, floors, and insulation materials to absorb and release thermal energy, reducing heating and cooling costs and enhancing indoor comfort. Energy storage follows as a key growth area, where PCMs play a vital role in thermal batteries and renewable energy systems, improving energy efficiency and grid stability through advanced heat management capabilities.

HVAC systems increasingly use PCMs for efficient climate control, reducing energy consumption by maintaining stable temperatures. In shipping and transportation, PCMs provide temperature-sensitive goods like pharmaceuticals and food with reliable thermal protection. Electronics benefit from advanced cooling solutions enabled by PCMs, preventing overheating and extending device lifespan. Textiles adopt PCMs for temperature-regulating clothing, offering comfort in extreme weather. The Others category includes applications in medical devices and industrial processes, showcasing the versatility of PCMs across multiple sectors.

 

US Advanced Phase Change Materials Market By Type (Organic PCM, Inorganic PCM, Bio-based PCM)

Organic phase change materials (PCMs) hold the largest share in the US advanced PCM market due to their stability, non-corrosive nature, and ability to undergo multiple thermal cycles without significant degradation. Commonly derived from paraffins and fatty acids, they’re widely used in building insulation, HVAC systems, and textiles for their reliable thermal performance and long-term efficiency. Their ease of integration into various applications and lower risk of supercooling make them a preferred choice in industries focused on energy conservation and temperature management.

Inorganic PCMs, such as salt hydrates and metallic alloys, are valued for their high latent heat storage capacity and superior thermal conductivity. These properties make them ideal for high-temperature applications like energy storage and industrial cooling, despite their tendency toward corrosion and phase separation. Bio-based PCMs, made from renewable resources like plant-based oils, are gaining traction due to growing demand for sustainable solutions. Their eco-friendliness, combined with efficient thermal performance, positions them as an emerging segment in green building and environmentally conscious product development.

 

US State-wise Analysis



US consumers remain optimistic about the economy but caution around spending continue to persist across segments. The US GDP is forecast to register 2.7% y-o-y growth in 2025 and around 2.1% in 2026. Leading contributors to the economy including California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Georgia, Washington, New Jersey and others remain key markets in 2025. On the other hand, ten states are likely to register rapid GDP growth rate of 4.2% to 7% including Arkansas, Alabama, Mississippi, Wyoming, Idaho, Utah, New Hampshire, Vermont, West Virginia, and Wisconsin according to the Bureau of Economic Analysis. With inflation rate forecasts to remain around 2%, the country presents robust market prospects for Advanced Phase Change Materials companies.

 

Competitive Landscape

 

 

Outlast Technologies LLC Advanced Phase Change Materials Product Portfolio

Outlast Technologies LLC is a leading US-based innovator in phase change materials (PCMs), specializing in temperature-regulating solutions for textiles, bedding, and industrial applications. The company's Thermocules® microencapsulated PCMs absorb, store, and release heat to maintain thermal comfort in apparel, footwear, and home textiles. Outlast’s materials are widely used in consumer and military applications, offering energy-efficient temperature regulation that enhances user comfort. The company continues to drive innovation in PCMs with NASA-developed technology, providing sustainable thermal management solutions for industries such as healthcare and automotive.

 

Phase Change Energy Solutions Advanced Phase Change Materials Product Portfolio

Phase Change Energy Solutions is a US-based manufacturer of bio-based PCMs designed for energy efficiency in buildings, cold chain logistics, and industrial applications. Its BioPCM® product line offers sustainable thermal energy storage, reducing heating and cooling demands in commercial and residential buildings. The company collaborates with Fortune 500 companies to integrate its PCMs into HVAC systems, refrigeration, and packaging, helping industries lower energy costs and carbon footprints. With a focus on sustainability, Phase Change Energy Solutions plays a crucial role in advancing PCM technology for climate control applications.

The US Advanced Phase Change Materials Market is highly competitive with key players including Honeywell (US), Phase Change Energy Solutions (US). Companies investing in strong distribution networks and brand recognition continue to gain steady revenue growth in the industry. Analysis of the leading US Advanced Phase Change Materials companies identifies that widening portfolio through new launches and catering to niche segments remains the most potential growth strategy.

 

US Advanced Phase Change Materials Report Segmentation and Scope



Advanced phase change materials (PCMs) store and release thermal energy during phase transitions, such as melting or solidifying. They are used in thermal energy storage systems, building insulation, and temperature-regulated packaging, improving energy efficiency and sustainability. PCMs are critical for reducing energy consumption in smart buildings and renewable energy systems.



By Application

Building and Construction

Energy Storage

HVAC

Shipping and Transportation

Electronics

Textiles

Others



By Type

Organic PCM

Inorganic PCM

Bio-based PCM

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Executive Summary
1.1US Advanced Phase Change Materials Market Overview
1.1.1Key Findings
1.1.2Market Size and Growth Projections, 2019 to 2034
1.1.3Key Trends and Drivers
1.1.4Competitive Landscape Snapshot
1.1.5What’s new in the current 10th edition?
Introduction to US Advanced Phase Change Materials Markets in 2025
2.1Market Definition
2.2The role of Advanced Phase Change Materials Market in the US
2.3Report Scope and Segmentation
By Application
Building and Construction
Energy Storage
HVAC
Shipping and Transportation
Electronics
Textiles
Others
By Type
Organic PCM
Inorganic PCM
Bio-based PCM
2.4Companies Profiled
2.5Study Period and Units
US Advanced Phase Change Materials Market Share Analysis
3.1US Advanced Phase Change Materials Market Share by Type, 2024
3.2US Advanced Phase Change Materials Market Share by Application, 2024
3.3US Advanced Phase Change Materials Market Share by Sales Channel, 2024
US Advanced Phase Change Materials Market Size Outlook
4.1Current Market Size, 2025
4.2Historical Market Size, $ Million, 2019 to 2024
4.3Historical Market Growth Rate, %, 2019 to 2024
4.4Forecast Market Size, $ Million, 2025 to 2044
4.5Forecast Market Growth Rate, %, 2019 to 2024
US Advanced Phase Change Materials Market- Strategic Analysis Review
5.1US Advanced Phase Change Materials Market Dynamics
5.1.1Key Market Trends to Shape the Market Outlook
5.1.2Major Market Drivers
5.1.3Potential Growth Opportunities
5.1.4Potential Challenges
5.2Porter’s Five Force Analysis
5.2.1Threat of New Entrants
5.2.2Intensity of Competitive Rivalry
5.2.3Bargaining Power of Buyers
5.2.4Bargaining Power of Suppliers
5.2.5Threat of Substitutes
5.3Value Chain Analysis
5.3.1Key Segments across the Value Chain
5.3.2Leading Companies in each Value Chain Segment
Scenario Analysis and Risk Assessment
6.1Low Growth Case Scenario
6.1.1Definition and Assumptions
6.1.2Market Size outlook, 2024- 2034
6.2Reference Case Scenario
6.2.1Definition and Assumptions
6.2.2Market Size outlook, 2024- 2034
6.3High Growth Case Scenario
6.3.1Definition and Assumptions
6.3.2Market Size outlook, 2024- 2034
US Advanced Phase Change Materials Market Size – Historical Data
7.1US Market Size by Type, $ Million, 2019-2024
7.2US Market Size by Application, $ Million, 2019-2024
7.3US Market Size by Sales Channel, $ Million, 2019-2024
By Application
Building and Construction
Energy Storage
HVAC
Shipping and Transportation
Electronics
Textiles
Others
By Type
Organic PCM
Inorganic PCM
Bio-based PCM
US Advanced Phase Change Materials Market Size- Forecast Data
8.1US Market Size by Type, $ Million, 2025- 2034
8.2US Market Size by Application, $ Million, 2025- 2034
8.3US Market Size by Sales Channel, $ Million, 2025- 2034
Competitive Landscape
9.1Major Players and Market Share Analysis
9.2Company Profiles (Strengths, Weaknesses, Strategies)
9.3Competitive Strategies and Differentiation
9.4Mergers and Acquisitions
Recommendations and Strategic Insights
Market Entry Strategies
Product Development Recommendations
Marketing and Sales Strategies
Investment Opportunities
Appendix
Data Sources and Methodology
Glossary of Terms
List of Organizations and Associations
By Application

Building and Construction

Energy Storage

HVAC

Shipping and Transportation

Electronics

Textiles

Others



By Type

Organic PCM

Inorganic PCM

Bio-based PCM

Frequently Asked Questions

What is the current market size of Advanced Phase Change Materials in the US?

The US Advanced Phase Change Materials Market size is estimated at $365.12 Million in 2025. Further, the market is poised to reach $941.6 Million in 2034, registering a growth rate (CAGR) of 11.1%.

What are the key growth drivers for the Advanced Phase Change Materials Market in the US in the next 5-10 years?

Energy-efficient buildings adopt PCMs for thermal storage in walls and HVAC systems.

Which sectors are driving the demand for Advanced Phase Change Materials Companies in the US?

Application (Building and Construction, Energy Storage, HVAC, Shipping and Transportation, Electronics, Textiles, Others), Type (Organic PCM, Inorganic PCM, Bio-based PCM)

What are the competitive strategies employed by companies in this market?

Key strategies include product innovation, strategic partnerships, mergers and acquisitions, and focus on sustainable and high-performance solutions.

What is the study period for US Advanced Phase Change Materials Market report?

With 2024 data as actuals, the report features historic data from 2019 and forecast is for 2025 to 2034. Units are in USD and volume and pricing data is available upon request.