The US Phase Change Materials Market Size was estimated at 99.63 (USD Million) in 2023. The US Phase Change Materials Market Industry is expected to grow from 150(USD Million) in 2024 to 3,000 (USD Million) by 2035. The US Phase Change Materials Market CAGR (growth rate) is expected to be around 31.303% during the forecast period (2025 - 2035).
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.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The increasing need for energy-efficient solutions across various sectors in the United States is propelling the US Phase Change Materials Market Industry. The U.S. Department of Energy has highlighted that improved energy efficiency in buildings can reduce energy consumption by 30-50%, which translates to significant cost savings not only for consumers but also for businesses. As energy prices fluctuate, consumers and corporations are increasingly looking at technologies such as phase change materials, which can store and release thermal energy efficiently.Data from the U.S. Energy Information Administration indicates that commercial and residential sectors accounted for approximately 40% of the total U.S. energy consumption in recent years, creating substantial opportunities for phase change materials to provide solutions that reduce peak energy loads during peak demand periods.
Regulatory frameworks in the United States are increasingly encouraging sustainable and energy-efficient construction practices, which benefits the US Phase Change Materials Market Industry. For instance, the U.S. Green Building Council reported that there are currently more than 100,000 LEED (Leadership in Energy and Environmental Design) certified buildings across the country. LEED certification promotes the use of materials that improve energy efficiency, and phase change materials are recognized for their ability to enhance energy conservation in buildings.As state and local governments adopt more stringent building codes, the demand for phase change materials is expected to rise, showcasing their value in complying with sustainability standards.
Technological advancements in construction are driving the adoption of phase change materials in the United States. With the push for smart buildings and the application of Internet of Things (IoT) technology, the integration of phase change materials can lead to more responsive and adaptive building systems. The National Institute of Standards and Technology is actively researching and developing the incorporation of such materials into construction practices, highlighting their potential to enhance thermal management.This innovation in the sector aims to decrease energy costs by approximately 10-20% in newly constructed facilities, thereby boosting the overall growth of the US Phase Change Materials Market Industry.
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.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
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.
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 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 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.
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.
| 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 |
Frequently Asked Questions (FAQ) :
The US Phase Change Materials Market is expected to be valued at 150.0 million USD in 2024.
By 2035, the US Phase Change Materials Market is projected to reach a valuation of 3000.0 million USD.
The expected CAGR for the US Phase Change Materials Market from 2025 to 2035 is 31.303%.
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.
The market size for inorganic phase change materials is forecasted to reach 1500.0 million USD by 2035.
Major players in the US Phase Change Materials Market include Eutectix, BASF, Microtek Laboratories, and Honeywell.
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.
Key growth drivers for the market include increasing energy efficiency demands and advancements in material technologies.
Phase change materials are seeing expanding applications in thermal energy storage, building materials, and temperature regulation.
Challenges include high production costs and the need for more widespread adoption of phase change technology.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager - Research High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. by implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in packaging, construction, and equipment domains. she handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
