The global Bio-based Advanced Phase Change Materials (PCM) market size is predicted to grow from US$ 141 million in 2025 to US$ 201 million in 2031; it is expected to grow at a CAGR of 6.1% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Bio-based Advanced Phase Change Materials (PCM) are a class of materials that utilize bio-sourced substances (such as plant oils, animal fats, and bio-synthetic polymers) as the base raw materials and are prepared through advanced material science and engineering techniques. These materials have specific phase change temperatures and high latent heat of phase change, enabling them to absorb or release large amounts of thermal energy at particular temperatures to achieve effective thermal energy storage and temperature regulation. Bio-based Advanced Phase Change Materials are characterized by their renewability, environmental friendliness, high chemical stability, and excellent thermal performance. They have broad application prospects in building energy conservation, renewable energy storage, electronic device cooling, and aerospace fields. With the increasing global emphasis on sustainable development and environmental protection, the research and application of Bio-based Advanced Phase Change Materials are rapidly evolving, becoming an important force in promoting the progress of green energy and efficient thermal management technologies.

Market Development Opportunities & Main Driving Factors

With the increasing global emphasis on sustainable development and environmental protection, the market for Bio-based Advanced Phase Change Materials (PCM) has welcomed broad development opportunities. In the building sector, to achieve energy conservation and emission reduction goals, building energy-saving technologies are constantly being upgraded. Bio-based Advanced Phase Change Materials, with their excellent thermal energy storage and temperature regulation capabilities, can effectively reduce building energy consumption and have become a popular choice in the field of building energy conservation. In the renewable energy sector, the intermittent nature of solar and wind energy requires effective energy storage solutions. Bio-based Advanced Phase Change Materials can efficiently store and release thermal energy, providing technical support for the stable use of renewable energy. In the electronic device sector, with the development of high-performance computing and 5G communication technologies, the heat dissipation needs of electronic devices are increasing. Bio-based Advanced Phase Change Materials, with their high latent heat of phase change and good thermal stability, can effectively solve the heat dissipation problems of electronic devices, improving the reliability and service life of the devices. Additionally, with the increasing strictness of environmental regulations, restrictions on traditional petrochemical-based phase change materials are increasing. Bio-based Advanced Phase Change Materials, as green alternatives, have huge market potential.

Market Challenges, Risks, & Restraints

Despite its broad development prospects, the market for Bio-based Advanced Phase Change Materials (PCM) also faces several challenges and risks. First, the stability of bio-based raw material supply is a key issue. The production of bio-based raw materials is affected by natural conditions, seasonal changes, and agricultural policies, and supply fluctuations can lead to unstable raw material prices, increasing production costs. Secondly, the production technology for Bio-based Advanced Phase Change Materials is relatively complex, requiring high research and development investment and production costs, which to some extent restricts their large-scale production and market promotion. Additionally, market competition is becoming increasingly fierce. Traditional petrochemical-based phase change materials still have certain advantages in cost and performance. Bio-based Advanced Phase Change Materials need to continuously innovate in performance improvement and cost control to enhance market competitiveness. Finally, the application fields of Bio-based Advanced Phase Change Materials are relatively new, and market awareness and acceptance need to be improved, requiring strengthened market education and promotion efforts.

Downstream Demand Trends

Looking at downstream demand, Bio-based Advanced Phase Change Materials (PCM) have broad application prospects in multiple fields. In the building sector, with the rise of green buildings and zero-energy buildings, the demand for Bio-based Advanced Phase Change Materials will continue to grow, especially in passive houses and high-performance buildings, where their application will be even more extensive. In the renewable energy sector, with the rapid development of solar and wind energy, the demand for efficient energy storage materials is increasing, and Bio-based Advanced Phase Change Materials will play an important role in energy storage systems. In the electronic device sector, with the popularization of high-performance computing and 5G communication technologies, the heat dissipation needs of electronic devices will continue to rise, and the application of Bio-based Advanced Phase Change Materials will continue to expand. Additionally, in the aerospace and automotive manufacturing sectors, Bio-based Advanced Phase Change Materials also have potential application opportunities. With continuous technological progress and the diversification of market demand, their application fields and market potential will be further expanded.

Infinity Market Research newest research report, the Bio-based Advanced Phase Change Materials (PCM) Industry Forecast looks at past sales and reviews total world Bio-based Advanced Phase Change Materials (PCM) sales in 2024, providing a comprehensive analysis by region and market sector of projected Bio-based Advanced Phase Change Materials (PCM) sales for 2025 through 2031. With Bio-based Advanced Phase Change Materials (PCM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Advanced Phase Change Materials (PCM) industry.

This Insight Report provides a comprehensive analysis of the global Bio-based Advanced Phase Change Materials (PCM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based Advanced Phase Change Materials (PCM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Bio-based Advanced Phase Change Materials (PCM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Advanced Phase Change Materials (PCM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based Advanced Phase Change Materials (PCM).

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Advanced Phase Change Materials (PCM) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Metallic Material
    Non-metallic Material

Segmentation by Application:

    Building & Construction
    Refrigeration
    Consumer Goods
    Other

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Henkel AG & Company
    Honeywell
    Croda International
    Sasol Germany GmbH
    Microtek Laboratories Inc
    DuPont and Dow
    Parker
    Laird PLC
    Phase Change Energy Solutions
    Cryopak
    SGL Carbon
    Rubitherm Technologies GmbH
    Cold Chain Technologies, Inc
    PLUSS Advanced Technologies
    Outlast Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-based Advanced Phase Change Materials (PCM) market?
What factors are driving Bio-based Advanced Phase Change Materials (PCM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based Advanced Phase Change Materials (PCM) market opportunities vary by end market size?
How does Bio-based Advanced Phase Change Materials (PCM) break out by Type, by Application?