Global Bio-based Advanced Phase Change Materials (PCM) Market Report (2026–2036)
Market Prediction
Western Market Research projects that the Bio-based Advanced Phase Change Materials (PCM) Market, valued at USD xxxx in 2025, is expected to reach USD xxxx by 2036, growing at a CAGR of xx% globally during the forecast period.
Market Overview
The Global Bio-based Advanced Phase Change Materials (PCM) Market Report 2026 delivers an extensive analysis of industry development drivers, patterns, flows, and market sizes. It evaluates historical and present market values to forecast growth trends between 2026 and 2036.
This study integrates both primary and secondary data sources, examining factors such as:
- Government policies and regulatory frameworks
- Market environment and competitive dynamics
- Historical data and current industry trends
- Technological innovations and upcoming advancements
- Progress in related industries impacting PCM adoption
Impact of COVID-19
The COVID-19 outbreak in December 2019, declared a global public health emergency by the World Health Organization, significantly disrupted the Bio-based PCM market in 2020. Supply chain interruptions, reduced industrial activity, and delayed construction and refrigeration projects created short-term challenges. However, recovery trends and renewed focus on sustainable materials are expected to support long-term market growth.
Market Segmentation
By Type
- Metallic Material
- Non-metallic Material
- Other
By Application
- Building & Heavy Industry
- Refrigeration
- Consumer Goods
Regional Analysis
- North America: U.S., Canada, Mexico
- Europe: Germany, U.K., France, Italy, Russia, Spain, and others
- Asia-Pacific: China, India, Japan, Southeast Asia
- South America: Brazil, Argentina
- Middle East & Africa: Saudi Arabia, South Africa
Key Market Players
- BASF
- Honeywell
- Cryopak
- Entropy Solutions Inc.
- Climator Sweden AB
- Phase Change Heavy Industry Solutions
- Outlast Technologies
- Dow Building Solutions
- E.I. Du Pont
- Chemours Company
- PCM Heavy Industry Ltd
- Rubitherm Technologies GmbH
The Bio-based Advanced PCM market is positioned for steady growth between 2026 and 2036, driven by demand for sustainable thermal management solutions in building, refrigeration, and consumer goods. Increasing emphasis on energy efficiency, eco-friendly materials, and technological innovation will shape market dynamics. Regional demand variations and competitive strategies of key players will further influence the industry’s trajectory during the forecast period.
Bio-based advanced phase change materials (PCMs) are thermal energy storage materials derived from renewable sources. They absorb, store, and release large amounts of latent heat during phase transitions, enabling efficient temperature regulation. Applications span building and heavy industry, refrigeration, and consumer goods, offering sustainable alternatives to petroleum-based PCMs.
Regional Analysis
- North America: Strong demand in building efficiency and refrigeration, supported by sustainability regulations.
- Europe: Leading adoption due to stringent energy efficiency directives and focus on green construction.
- Asia-Pacific: Fastest-growing region, driven by urbanization, industrial expansion, and government-backed sustainability initiatives in China and India.
- South America: Moderate growth, with Brazil and Argentina investing in energy-efficient building materials.
- Middle East & Africa: Rising demand from large-scale infrastructure projects and energy-intensive industries, particularly in Saudi Arabia and South Africa.
Porter’s Five Forces
- Competitive Rivalry: High, with global players (BASF, Honeywell, DuPont, Rubitherm) competing on innovation and cost.
- Threat of New Entrants: Moderate, as bio-based PCM production requires technical expertise and R&D investment, but niche startups can emerge.
- Bargaining Power of Suppliers: Moderate, raw material suppliers (bio-based feedstocks) hold leverage due to limited availability.
- Bargaining Power of Buyers: High, industrial customers demand cost-effective, sustainable, and high-performance solutions.
- Threat of Substitutes: Moderate, conventional petroleum-based PCMs and alternative thermal management technologies remain competitive.
SWOT Analysis
Strengths
- Sustainable, eco-friendly thermal management solutions
- Wide application range across industries
- Strong alignment with global energy efficiency goals
Weaknesses
- Higher upfront costs compared to conventional PCMs
- Limited awareness and adoption in emerging markets
- Dependence on bio-based feedstock supply chains
Opportunities
- Expansion in Asia-Pacific and Middle East infrastructure projects
- Rising demand for sustainable building materials
- Technological advancements in bio-based PCM formulations
Threats
- Competition from petroleum-based PCMs and alternative technologies
- Raw material price volatility
- Regulatory hurdles in certification and standardization
Trend Analysis
- Increasing adoption of bio-based PCMs in green buildings for energy efficiency.
- Rising demand in refrigeration and cold chain logistics to reduce energy consumption.
- Growth in consumer goods (textiles, packaging) integrating PCMs for comfort and performance.
- Technological advancements in bio-based formulations improving thermal stability and lifecycle performance.
Drivers & Challenges
Drivers
- Global push for sustainability and energy efficiency
- Government regulations promoting eco-friendly materials
- Expanding applications in construction, refrigeration, and consumer goods
Challenges
- Higher initial costs compared to conventional PCMs
- Limited supply of bio-based feedstocks
- Need for standardized testing and certification frameworks
Value Chain Analysis
- Raw Materials: Bio-based feedstocks (plant oils, fatty acids, biopolymers)
- Manufacturing: PCM producers (global and regional companies)
- Distribution: Wholesalers, distributors, and direct supply to industrial customers
- End Users: Building and construction firms, refrigeration companies, consumer goods manufacturers
Quick Recommendations for Stakeholders
- Manufacturers: Invest in R&D for cost reduction and improved bio-based PCM performance.
- Investors: Target Asia-Pacific and Europe where sustainability regulations drive adoption.
- Policy Makers: Develop certification standards to accelerate PCM adoption in construction and refrigeration.
- Industrial Customers: Evaluate lifecycle cost savings and energy efficiency benefits of bio-based PCMs.
- Suppliers: Secure diversified bio-feedstock sources to mitigate supply chain risks.
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1. Market Overview of Bio-based Advanced Phase Change Materials (PCM)
1.1 Bio-based Advanced Phase Change Materials (PCM) Market Overview
1.1.1 Bio-based Advanced Phase Change Materials (PCM) Product Scope
1.1.2 Market Status and Outlook
1.2 Bio-based Advanced Phase Change Materials (PCM) Market Size by Regions:
1.3 Bio-based Advanced Phase Change Materials (PCM) Historic Market Size by Regions
1.4 Bio-based Advanced Phase Change Materials (PCM) Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Bio-based Advanced Phase Change Materials (PCM) Sales Market by Type
2.1 Global Bio-based Advanced Phase Change Materials (PCM) Historic Market Size by Type
2.2 Global Bio-based Advanced Phase Change Materials (PCM) Forecasted Market Size by Type
2.3 Metallic Material
2.4 Non-metallic Material
2.5 Other
3. Covid-19 Impact Bio-based Advanced Phase Change Materials (PCM) Sales Market by Application
3.1 Global Bio-based Advanced Phase Change Materials (PCM) Historic Market Size by Application
3.2 Global Bio-based Advanced Phase Change Materials (PCM) Forecasted Market Size by Application
3.3 Building & Heavy Industry
3.4 Refrigeration
3.5 Consumer Goods
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Bio-based Advanced Phase Change Materials (PCM) Production Capacity Market Share by Manufacturers
4.2 Global Bio-based Advanced Phase Change Materials (PCM) Revenue Market Share by Manufacturers
4.3 Global Bio-based Advanced Phase Change Materials (PCM) Average Price by Manufacturers
5. Company Profiles and Key Figures in Bio-based Advanced Phase Change Materials (PCM) Business
5.1 BASF
5.1.1 BASF Company Profile
5.1.2 BASF Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.1.3 BASF Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.2 Honeywell
5.2.1 Honeywell Company Profile
5.2.2 Honeywell Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.2.3 Honeywell Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.3 Cryopak
5.3.1 Cryopak Company Profile
5.3.2 Cryopak Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.3.3 Cryopak Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.4 Entropy Solutions Inc.
5.4.1 Entropy Solutions Inc. Company Profile
5.4.2 Entropy Solutions Inc. Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.4.3 Entropy Solutions Inc. Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.5 Climator Sweden AB
5.5.1 Climator Sweden AB Company Profile
5.5.2 Climator Sweden AB Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.5.3 Climator Sweden AB Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.6 Phase Change Heavy Industry Solutions
5.6.1 Phase Change Heavy Industry Solutions Company Profile
5.6.2 Phase Change Heavy Industry Solutions Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.6.3 Phase Change Heavy Industry Solutions Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.7 Outlast Technologies
5.7.1 Outlast Technologies Company Profile
5.7.2 Outlast Technologies Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.7.3 Outlast Technologies Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.8 Dow Building Solutions
5.8.1 Dow Building Solutions Company Profile
5.8.2 Dow Building Solutions Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.8.3 Dow Building Solutions Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.9 E.I. Du Pont
5.9.1 E.I. Du Pont Company Profile
5.9.2 E.I. Du Pont Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.9.3 E.I. Du Pont Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.10 Chemours Company
5.10.1 Chemours Company Company Profile
5.10.2 Chemours Company Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.10.3 Chemours Company Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.11 PCM Heavy Industry Ltd
5.11.1 PCM Heavy Industry Ltd Company Profile
5.11.2 PCM Heavy Industry Ltd Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.11.3 PCM Heavy Industry Ltd Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
5.12 Rubitherm Technologies GmbH
5.12.1 Rubitherm Technologies GmbH Company Profile
5.12.2 Rubitherm Technologies GmbH Bio-based Advanced Phase Change Materials (PCM) Product Specification
5.12.3 Rubitherm Technologies GmbH Bio-based Advanced Phase Change Materials (PCM) Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Bio-based Advanced Phase Change Materials (PCM) Market Size
6.2 North America Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
6.3 North America Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
6.4 North America Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
7. East Asia
7.1 East Asia Bio-based Advanced Phase Change Materials (PCM) Market Size
7.2 East Asia Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
7.3 East Asia Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
7.4 East Asia Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
8. Europe
8.1 Europe Bio-based Advanced Phase Change Materials (PCM) Market Size
8.2 Europe Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
8.3 Europe Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
8.4 Europe Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
9. South Asia
9.1 South Asia Bio-based Advanced Phase Change Materials (PCM) Market Size
9.2 South Asia Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
9.3 South Asia Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
9.4 South Asia Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Bio-based Advanced Phase Change Materials (PCM) Market Size
10.2 Southeast Asia Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
10.3 Southeast Asia Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
10.4 Southeast Asia Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
11. Middle East
11.1 Middle East Bio-based Advanced Phase Change Materials (PCM) Market Size
11.2 Middle East Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
11.3 Middle East Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
11.4 Middle East Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
12. Africa
12.1 Africa Bio-based Advanced Phase Change Materials (PCM) Market Size
12.2 Africa Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
12.3 Africa Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
12.4 Africa Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
13. Oceania
13.1 Oceania Bio-based Advanced Phase Change Materials (PCM) Market Size
13.2 Oceania Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
13.3 Oceania Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
13.4 Oceania Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
14. South America
14.1 South America Bio-based Advanced Phase Change Materials (PCM) Market Size
14.2 South America Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
14.3 South America Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
14.4 South America Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
15. Rest of the World
15.1 Rest of the World Bio-based Advanced Phase Change Materials (PCM) Market Size
15.2 Rest of the World Bio-based Advanced Phase Change Materials (PCM) Key Players in North America
15.3 Rest of the World Bio-based Advanced Phase Change Materials (PCM) Market Size by Type
15.4 Rest of the World Bio-based Advanced Phase Change Materials (PCM) Market Size by Application
16 Bio-based Advanced Phase Change Materials (PCM) Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter
Market Segmentation
By Type
- Metallic Material
- Non-metallic Material
- Other
By Application
- Building & Heavy Industry
- Refrigeration
- Consumer Goods
Regional Analysis
- North America: U.S., Canada, Mexico
- Europe: Germany, U.K., France, Italy, Russia, Spain, and others
- Asia-Pacific: China, India, Japan, Southeast Asia
- South America: Brazil, Argentina
- Middle East & Africa: Saudi Arabia, South Africa
Key Market Players
- BASF
- Honeywell
- Cryopak
- Entropy Solutions Inc.
- Climator Sweden AB
- Phase Change Heavy Industry Solutions
- Outlast Technologies
- Dow Building Solutions
- E.I. Du Pont
- Chemours Company
- PCM Heavy Industry Ltd
- Rubitherm Technologies GmbH
