Bio-based Phase Change Material Market
Report ID: SQMIG15E3231
Report ID: SQMIG15E3231
sales@skyquestt.com
USA +1 351-333-4748
Report ID:
SQMIG15E3231 |
Region:
Global |
Published Date: February, 2026
Pages:
157
|Tables:
94
|Figures:
76
Global Bio-Based Phase Change Material Market size was valued at USD 191.1 Million in 2024 and is poised to grow from USD 206.2 Million in 2025 to USD 378.84 Million by 2033, growing at a CAGR of 7.9% during the forecast period (2026-2033).
As climate targets tighten and circular economy principles gain traction, demand for bio-based phase change materials has accelerated because they offer renewable composition and lower embodied carbon than petrochemical alternatives. The market comprises organic compounds such as fatty acids and esters that store and release thermal energy near application-specific temperatures, making them useful in building temperature regulation and cold chain logistics. Over the past decade research progressed from laboratory demonstrations into pilot production, with firms improving synthesis routes and diversifying sustainable feedstocks to enable commercial scale-up. Examples include soy-based PCMs for HVAC retrofits and coconut-derived blends used in refrigerated transport.Regulatory mandates for energy efficiency and lifecycle carbon reporting act as a principal catalyst because they force building and logistics firms to quantify and reduce emissions, which raises demand for bio-based phase change materials that deliver measurable operational savings. As corporations specify low-carbon thermal solutions, producers gain predictable contracts and invest in scale, thereby lowering unit costs and expanding product availability for downstream integrators. This dynamic produces new opportunities in façade-integrated thermal storage, refrigerated transport panels, and temperature-stable packaging for pharmaceuticals, where reduced freeze-thaw cycles and passive temperature control translate into lower energy use and fewer spoilage losses and resilience.
How is AI enhancing performance optimization in the bio-based phase change material market?
AI is improving performance optimization in the bio based phase change material market by speeding discovery and sharpening manufacturing control. Key aspects include predictive modeling of thermal behavior, machine learning guided formulation that balances biodegradability and stability, and computer vision for quality inspection. Today firms use AI to run virtual experiments and predict how bio based feedstocks interact with encapsulation matrices. This reduces the need for slow trial and error. Market context shows stronger demand for sustainable thermal solutions across buildings cold chain and electronics. Examples include AI guided selection of plant derived carriers and simulation driven tuning of thermal conductivity to meet application specific needs.Green Circle Decarbonize Technology Ltd January 2026, announced an offering to fund factory expansion which supports rapid scale up where AI driven formulation screening and real time process control will improve yield consistency and shorten time to market.
Market snapshot - (2026-2033)
Global Market Size
USD 191.1 Million
Largest Segment
Non-metallic Material
Fastest Growth
Non-metallic Material
Growth Rate
7.9% CAGR
To get more insights on this market click here to Request a Free Sample Report
Global bio-based phase change material market is segmented by product type, application, end user and region. Based on product type, the market is segmented into Metallic Material and Non-metallic Material. Based on application, the market is segmented into Heating & Cooling Systems, Refrigeration & Cold Chain, Textile & Wearables, Electronics & Electrical and Others. Based on end user, the market is segmented into Construction & Infrastructure, Automotive & Transportation, Consumer Electronics, Textiles & Apparel, Food & Beverages and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Non-metallic Material segment dominates because bio-based PCMs are primarily based on organic carriers that naturally align with non-metallic matrices, providing superior chemical compatibility and safer thermal storage for consumer and built-environment applications. Their biodegradability, lower density and simpler encapsulation reduce handling complexity and enable scalable production, which encourages manufacturers to integrate these materials across textiles, construction and low-temperature systems, reinforcing supply chain momentum toward sustainable options. Manufacturers favor formulation flexibility for tailored phase change profiles.
However, Metallic Material is emerging as the most rapidly expanding area because its higher intrinsic thermal conductivity and compatibility with composite structures meet the demands of high heat flux applications in electronics and transportation. Advances in alloying, surface engineering and hybrid encapsulation boost performance and cycle reliability, driving industrial adoption in demanding thermal management roles and unlocking new premium applications and commercialization pathways.
Textile & Wearables segment dominates because bio-based PCMs integrate directly into fibers, coatings and laminates to deliver tangible comfort benefits while matching consumer demand for sustainable apparel. Their form factor compatibility, low activation temperatures and amenability to microencapsulation allow brands to add thermal regulation without compromising breathability or aesthetics, prompting strong retail interest and product development that expands mainstream adoption and attracts investment across the value chain. This creates durable market pull for bio-based formulations.
However, Refrigeration & Cold Chain is witnessing the strongest growth momentum as cold storage and logistics operators seek sustainable thermal buffers that improve product stability and reduce operational energy intensity. Improved encapsulation longevity and cycle stability, combined with rising demand for low-carbon cold chain solutions, are driving pilots and commercial deployments that expand use cases in food and pharmaceutical transport and stimulate further innovation and market entry.
To get detailed segments analysis, Request a Free Sample Report
Asia Pacific dominance is driven by a combination of abundant bio feedstock availability, advanced manufacturing infrastructure, and concentrated research in thermal management solutions. Established chemical and materials clusters enable efficient scale up from laboratory to production, while strong integration with electronics, automotive, and building sectors accelerates adoption. Policy emphasis on circular economy and low carbon technologies complements private investment and cross sector partnerships. Cost advantages from localized supply chains and experienced contract manufacturers support competitive pricing. Leading markets within the region also emphasize rigorous testing and certification, creating trust among end users. This blend of supply readiness, application demand, and collaborative innovation creates a robust environment that positions the region at the center of global market activity for bio-based phase change materials.
Bio-based Phase Change Material Market Japan is characterized by deep materials science expertise and close collaboration between research institutes and precision manufacturing firms. Focus on miniaturized thermal solutions for electronics and integration in advanced building systems supports high value applications. Established testing frameworks and supply chain sophistication enable reliable product qualification. Domestic companies and research centers prioritize sustainable feedstocks and lifecycle performance, creating a strong foundation for innovation across sectors.
Bio-based Phase Change Material Market South Korea leverages advanced electronics and battery manufacturing strengths to drive demand for sophisticated thermal management solutions. Close cooperation between large industrial groups and agile suppliers accelerates product development and commercialization. Emphasis on rapid prototyping and high throughput manufacturing reduces time to market for novel bio-based formulations. Policy attention on industrial decarbonization and corporate sustainability programs widely supports adoption in automotive and consumer electronics applications.
Europe rapid market expansion is propelled by cohesive policy frameworks that prioritize energy efficiency, circular economy principles, and sustainable materials adoption. Strong engineering and construction sectors create consistent demand for thermal regulation solutions while regulatory and voluntary standards raise product quality expectations. Active innovation ecosystems in multiple member markets combine academic research with industrial pilot programs, enabling pragmatic scale up. Investment channels and green procurement by public and private actors accelerate uptake, particularly in retrofitting and cold chain applications. A well developed certification and standards environment reduces market uncertainty, and collaborative supply chain initiatives ensure access to diverse bio feedstocks and processing capabilities, reinforcing the region wide momentum for bio-based phase change materials.
Bio-based Phase Change Material Market Germany combines deep engineering expertise and a robust industrial base with stringent standards facilitate scale adoption. Strong links between research institutes and manufacturers enable validated pilots and supply chain integration. Demand from construction and industrial refrigeration sectors drives application diversity, while certification frameworks and skilled workforce support quality manufacturing. This environment positions Germany as a central market where technical rigor and industrial demand reinforce leadership.
Bio-based Phase Change Material Market United Kingdom benefits from vibrant innovation hubs and links between academic research and startups, driving rapid commercialization of formulations. Active green finance mechanisms and public procurement priorities favor sustainable materials, supporting early adoption in retrofit and cold chain sectors. Flexibility in regulatory pathways and emphasis on standards alignment encourages market entry. Collaborative industry networks accelerate broader market deployment across construction, logistics, and specialized industrial applications.
Bio-based Phase Change Material Market France is emerging through research clusters and growing interest from construction and manufacturing sectors seeking sustainable thermal solutions. National centers and innovative SMEs collaborate on formulation development and testing, while regional pilot programs demonstrate integration potential. Emphasis on circular feedstocks and product traceability supports market credibility. As stakeholders align around certification and supply chain development, commercial uptake is becoming visible across niche and mainstream applications.
North America is strengthening its role through concerted efforts in commercialization, industrial collaboration, and development of end use applications tailored to regional needs. Academic centers and industrial partners focus on scale up and process optimization, while large end users in logistics, construction, and specialized manufacturing test and adopt bio-based thermal solutions. Policy incentives and corporate sustainability commitments reinforce market pull, and investment in pilot manufacturing reduces barriers to wider production. Cross border supply chains leverage diverse feedstocks, with particular attention to lifecycle performance and certification. The region emphasis on scalable production and real world demonstration projects supports a gradual but tangible shift toward broader market integration of bio-based phase change materials.
Bio-based Phase Change Material Market United States is driven by a strong commercialization ecosystem that links universities, startups and manufacturers to accelerate scale up and entry. Large corporate buyers in logistics, technology and construction test application solutions, creating pull for certified materials. Public and private funding channels alongside procurement priorities encourage demonstration projects. Emphasis on lifecycle assessment and standards harmonization supports confidence among buyers and helps translate innovation into deployment.
Bio-based Phase Change Material Market Canada benefits from access to diverse biomass feedstocks and expertise in cold chain logistics and remote thermal management. Collaboration between research institutions, resource firms and innovative manufacturers supports development of formulations suited to harsh climates and isolated applications. Pilot projects and procurement programs help validate performance in practice. Focus on sustainable sourcing and lifecycle transparency enhances market trust and creates pathways for broader commercial adoption.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Growth In Thermal Energy Storage
Preference For Renewable Feedstocks
High Production And Processing Costs
Limited Long Term Performance Data
Request Free Customization of this report to help us to meet your business objectives.
Competition in the global bio based phase change material market is driven by strategic acquisitions, exclusive technology partnerships and rapid product innovation as firms race for certified sustainable solutions. Recent M&A shows incumbents buying PCM and microencapsulation lines to secure supply. Partnerships with bio based chemistry leaders bring USDA certified formulations to market. Startups commercializing shape stable and cellulose matrix PCMs intensify product differentiation.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. As per SkyQuest analysis, the global bio-based phase change material market is poised for steady expansion driven by tightening regulatory mandates for energy efficiency and lifecycle carbon reporting, and by growing demand for thermal energy storage across buildings, cold chain and electronics. The market is currently dominated by Asia Pacific, where abundant bio feedstocks and manufacturing scale lower barriers to commercialization, and the non-metallic material segment leads adoption thanks to chemical compatibility, biodegradability and easier encapsulation. However, high production and processing costs remain a key restraint, slowing price competitiveness versus petrochemical alternatives and delaying broader scale-up despite strong sustainability-driven market pull.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 191.1 Million |
| Market size value in 2033 | USD 378.84 Million |
| Growth Rate | 7.9% |
| Base year | 2024 |
| Forecast period | (2026-2033) |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Bio-based Phase Change Material Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bio-based Phase Change Material Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bio-based Phase Change Material Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bio-based Phase Change Material Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
REQUEST FREE CUSTOMIZATION
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
USA (+1) 351-333-4748
