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    US Phase Change Materials Market

    ID: MRFR/CnM/19030-HCR
    111 Pages
    Snehal Singh
    October 2025

    US Phase Change Materials Market Research Report: By Type (Organic, Inorganic, Others) and By Application (Building and Construction, HVAC, Cold Chain & Packaging, Organic, Inorganic, Electronics, Textiles, Others) - Forecast to 2035

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    US Phase Change Materials Market Infographic
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    US Phase Change Materials Market Summary

    The United States Phase Change Materials market is projected to grow from 150 USD Million in 2024 to 3000 USD Million by 2035.

    Key Market Trends & Highlights

    US Phase Change Materials Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 31.3% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 3000 USD Million, indicating robust growth.
    • In 2024, the market is valued at 150 USD Million, reflecting the current investment landscape.
    • Growing adoption of energy-efficient technologies due to increasing energy costs is a major market driver.

    Market Size & Forecast

    2024 Market Size 150 (USD Million)
    2035 Market Size 3000 (USD Million)
    CAGR (2025-2035) 31.3%

    Major Players

    Eutectix, Celularity, BASF, Microtek Laboratories, Conphase, Markel Corporation, Afton Chemical, PhaseCore, Climalife, Celsious, Phase Change Energy Solutions, Xylenes, Rubitherm Technologies, Honeywell, Rogers Corporation

    US Phase Change Materials Market Trends

    The US Phase Change Materials Market is experiencing significant growth, driven primarily by the increasing demand for energy efficiency and sustainability in various sectors, including building and construction, automotive, and electronics. As the United States aims to transition towards more sustainable energy practices, there is a notable emphasis on reducing energy consumption in residential and commercial buildings. This trend aligns with government initiatives focused on improving energy efficiency standards and reducing peak energy loads, which phase change materials can effectively achieve.

    Opportunities to explore in this market include the integration of phase change materials in various applications such as HVAC systems, thermal energy storage, and smart building technologies.The surge in smart home technologies presents a chance for developers and manufacturers to innovate by incorporating phase change materials into their products, thus enhancing energy management and user comfort. In recent times, there has been a growing awareness regarding climate change and the need for sustainable building materials in the US. Companies are increasingly adopting innovative materials that offer better thermal regulation, reducing overall energy costs and environmental impact.

    The trend towards eco-friendly materials, supported by consumer preference for green building certifications and construction practices, has led to increased interest and investment in phase change materials.As the US continues to focus on renewable energy and carbon reduction initiatives, the phase change materials market is expected to evolve, with advancements in material formulations and manufacturing processes paving the way for increased adoption in numerous applications across the nation. This ongoing shift presents opportunities for stakeholders to capitalize on emerging technologies that optimize energy use while contributing to sustainability goals.

    Market Segment Insights

    Phase Change Materials Market Type Insights

    The US Phase Change Materials Market is categorized primarily into Organic, Inorganic, and Other types, which provides a comprehensive view of the market segmentation. Organic phase change materials consist of various paraffin waxes and fatty acids, well-known for their energy storage capabilities and eco-friendly properties. They have gained traction due to their non-toxic nature and high latent heat storage, making them suitable for applications in textiles, building materials, and thermal energy storage systems.

    Their significant share in market demand reflects the ongoing shift towards sustainable materials in various industries, particularly in architecture and construction, where energy efficiency is a critical objective.Inorganic phase change materials include salts and metallic compounds that typically offer higher thermal conductivity compared to their organic counterparts. This characteristic allows for quick heat absorption and release, providing a reliable option for temperature regulation in various applications, such as thermal batteries and HVAC systems. Inorganic materials are especially popular in industrial applications and energy-efficient buildings, thanks to their ability to store and release thermal energy effectively over long periods.

    As awareness increases regarding energy consumption and efficiency, inorganic phase change materials are expected to play a central role in enhancing the energy performance of buildings and systems.The category of Other phase change materials consists of advanced composites and eutectics that do not fall strictly under the organic or inorganic classifications. These materials often incorporate advanced technology to optimize thermal management solutions across diverse applications. Their versatility allows for customized formulations that can cater to specific industry requirements, thus creating opportunities for innovation and technological advancements in sectors like aerospace, automotive, and electronics.

    The growing trend toward miniaturization of devices and the need for efficient heat management systems will likely drive the development and adoption of these advanced materials. Overall, the segmentation of the US Phase Change Materials Market by Type underlines the diversity and potential of various materials in addressing energy storage needs, improving thermal management, and promoting sustainable practices. Each category presents unique advantages and plays a pivotal role in the ongoing evolution of energy-efficient technologies, which are witnessing heightened attention in the US market landscape.

    As energy concerns continue to rise, the applications and implications of these phase change materials in real-world settings are expected to broaden, showcasing their significance in future innovations and market growth.

    Phase Change Materials Market Application Insights

    The US Phase Change Materials Market demonstrates significant potential across various Applications, reflecting a broad spectrum of industry relevance and innovation. In the Building and Construction sector, Phase Change Materials play an important role in energy efficiency and thermal management, helping to reduce energy consumption and improve occupant comfort. The HVAC industry relies on these materials for temperature regulation, enhancing energy savings and operational efficiency.

    Additionally, the Cold Chain and Packaging Applications benefit from the thermal stability provided by Phase Change Materials, crucial for maintaining the integrity of temperature-sensitive products.In the realm of Organic and Inorganic materials, their unique properties contribute to various industrial applications, each catering to specific performance needs. The Electronics sector values Phase Change Materials for their ability to manage heat dissipation, ensuring device longevity, while Textiles leverage these materials to offer enhanced thermal comfort in clothing.

    Other Applications further highlight the versatility and adaptability of Phase Change Materials across different markets, revealing a dynamic landscape ripe with opportunities for growth and technological advancements as the industry evolves.The ongoing emphasis on sustainability and energy efficiency continues to drive market demand, positioning Phase Change Materials as key players in the modern economy.

    Get more detailed insights about US Phase Change Materials Market Research Report - Forecast Report 2035

    Key Players and Competitive Insights

    The US Phase Change Materials Market has been shaped by a variety of competitive factors, including technological advancements, product innovation, and strategic partnerships. The market features a diverse range of players including manufacturers, suppliers, and research institutions, all contributing to the dynamic landscape characterized by rapid growth and evolving consumer demands. Key competitive insights indicate that the industry is experiencing a shift towards sustainable and energy-efficient solutions, prompting companies to invest heavily in research and development.

    This focus on sustainability is leading to an increase in collaborative efforts among industry participants and a surge in mergers and acquisitions aimed at bolstering market presence and facilitating entry into new segments.

    Eutectix

    Eutectix has carved out a notable presence in the US Phase Change Materials Market due to its innovative thermal management solutions. Renowned for developing unique products that optimize thermal energy storage and enhance energy efficiency, Eutectix has attracted attention for its ability to provide solutions that cater to various applications, from building materials to electronics. The company’s strengths lie in its commitment to R&D which enables continuous product improvement and the development of new materials tailored to specific market needs.

    Eutectix has established strategic partnerships with other entities to broaden its market reach, leveraging synergies that amplify its competitive edge and allowing it to respond effectively to emerging trends in the industry.

    Celularity

    Celularity is known for its efforts in the US Phase Change Materials Market, particularly focusing on biological-based solutions that integrate advanced thermal management technologies. With an emphasis on sustainability, Celularity has made significant strides in developing products that are not only effective but also environmentally friendly. The company’s product portfolio includes innovative phase change materials designed for various applications, including temperature-sensitive logistics and building temperature regulation. Its strengths are further highlighted by its robust supply chain management and collaboration with key industry players, allowing for a comprehensive market presence.

    The company's strategic focus on mergers and acquisitions has also enabled it to enhance its product offerings and expand its operational footprint in the US, establishing a solid foundation for future growth in the competitive landscape of phase change materials.

    Key Companies in the US Phase Change Materials Market market include

    Industry Developments

    The US Phase Change Materials Market has seen significant activities recently, with increased interest from various companies such as Eutectix, BASF, and Honeywell. In September 2023, Microtek Laboratories announced an expansion in its production capabilities to meet the rising demand for energy-efficient solutions. Current affairs reflect a growing emphasis on sustainable building materials, driven by governmental initiatives aimed at reducing carbon footprints. The market valuation is reportedly on an upward trajectory as companies like Phase Change Energy Solutions and Climalife experience increased investments and partnerships aimed at enhancing technological advancements in the sector.

    Notably, in August 2023, Markel Corporation acquired a local startup focused on innovative phase change solutions, diversifying their portfolio and strengthening their market position. Recent years have illustrated a trend towards integrating phase change materials in various applications, especially in energy storage sectors, with a notable growth rate since 2021. Such developments signal a burgeoning market poised for further expansion as companies continue to innovate and align with sustainability goals outlined by national policies.

    Market Segmentation

    Phase Change Materials Market Type Outlook

    • Organic
    • Inorganic
    • Others

    Phase Change Materials Market Application Outlook

    • Building and Construction
    • HVAC
    • Cold Chain & Packaging
    • Organic
    • Inorganic
    • Electronics
    • Textiles
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 99.63(USD Million)
    MARKET SIZE 2024 150.0(USD Million)
    MARKET SIZE 2035 3000.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 31.303% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Eutectix, Celularity, BASF, Microtek Laboratories, Conphase, Markel Corporation, Afton Chemical, PhaseCore, Climalife, Celsious, Phase Change Energy Solutions, Xylenes, Rubitherm Technologies, Honeywell, Rogers Corporation
    SEGMENTS COVERED Type, Application
    KEY MARKET OPPORTUNITIES Energy-efficient building applications, Renewable energy integration, HVAC system enhancements, Smart textiles development, Cold chain logistics solutions
    KEY MARKET DYNAMICS growing demand for energy efficiency, increasing applications in HVAC systems, rising building insulation standards, advancements in material technology, fluctuating raw material prices
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Phase Change Materials Market in 2024?

    The US Phase Change Materials Market is expected to be valued at 150.0 million USD in 2024.

    What will the market value of the US Phase Change Materials Market be by 2035?

    By 2035, the US Phase Change Materials Market is projected to reach a valuation of 3000.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Phase Change Materials Market from 2025 to 2035?

    The expected CAGR for the US Phase Change Materials Market from 2025 to 2035 is 31.303%.

    What are the market values for organic phase change materials in 2024 and 2035?

    In 2024, organic phase change materials are valued at 60.0 million USD, and are expected to grow to 1200.0 million USD by 2035.

    What will be the market size for inorganic phase change materials by 2035?

    The market size for inorganic phase change materials is forecasted to reach 1500.0 million USD by 2035.

    Who are the key players in the US Phase Change Materials Market?

    Major players in the US Phase Change Materials Market include Eutectix, BASF, Microtek Laboratories, and Honeywell.

    What are the predicted values for other phase change materials from 2024 to 2035?

    The 'Others' category of phase change materials is expected to increase from 20.0 million USD in 2024 to 300.0 million USD in 2035.

    What are the growth drivers for the US Phase Change Materials Market?

    Key growth drivers for the market include increasing energy efficiency demands and advancements in material technologies.

    What application areas are expanding for phase change materials in the US?

    Phase change materials are seeing expanding applications in thermal energy storage, building materials, and temperature regulation.

    What challenges does the US Phase Change Materials Market currently face?

    Challenges include high production costs and the need for more widespread adoption of phase change technology.

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