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07.08.2025 - 18:06:27

Advanced Phase Change Materials Market to Surge with Rising Demand for Energy-Efficient Solutions | Valuates Reports

was valued at USD 137 million in the year 2024 and is projected to reach a revised size of USD 203 million by 2031, growing at a CAGR of 5.9% during the forecast period.

- The global Phase Change Material (PCM) Market revenue was USD 1045.3 million in 2022 and is forecast to a readjusted size of USD 2361.5 million by 2029 with a CAGR of 12.2% during the forecast period (2023-2029).

- The global market for Formaldehyde-free Phase Change Material Microcapsules was valued at USD 20.5 million in the year 2024 and is projected to reach a revised size of USD 33.7 million by 2031, growing at a CAGR of 4.2% during the forecast period.

- The global Phase Change Memory market was valued at USD 232 million in 2023 and is anticipated to reach USD 10100 million by 2030, witnessing a CAGR of 70.6% during the forecast period 2024-2030.

- The global Thermal Energy Storage market was valued at USD 75.2 million in 2023 and is anticipated to reach USD 177.6 million by 2030, witnessing a CAGR of 10.2% during the forecast period 2024-2030.

- The Global Liquid Thermal Interface Materials Market was valued at USD 1752 million in 2023 and is anticipated to reach USD 3460 million by 2030, witnessing a CAGR of 10.2 % during the forecast period 2024-2030.

- The global Thermal Interface Materials market was valued at USD 1512.7 million in 2022 and is anticipated to reach USD 2495.2 million by 2029, witnessing a CAGR of 7.4% during the forecast period 2023-2029.

- The global market for Thermal Insulation Material was valued at USD 74590 million in the year 2024 and is projected to reach a revised size of USD 110800 million by 2031, growing at a CAGR of 5.9% during the forecast period.

- The global market for Building Insulation was estimated to be worth USD 43080 million in 2023 and is forecast to a readjusted size of USD 49820 million by 2030 with a CAGR of 2.0% during the forecast period 2024-2030.

- Lithium Solid-State Battery Sales Market

- Battery Thermal Management System (BTMS) Market

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