The Global Bio-based Phase Change Material Market was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period (2024–2030). This expansion is fueled by rising demand for energy-efficient building solutions, accelerated adoption of green construction standards, and stringent environmental regulations promoting sustainable temperature management technologies.
As industries shift toward eco-conscious alternatives, bio-derived phase change materials (PCMs) are gaining prominence for their superior thermal energy storage capabilities with reduced environmental impact. This analysis profiles the Top 10 Companies in the Bio-based Phase Change Material Industry—pioneers revolutionizing thermal management across multiple sectors.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Bio-based PCM solutions for construction applications
BASF leads the chemical industry with its innovative Micronal® PCM product line, which integrates seamlessly into building materials to regulate indoor climates and optimize energy usage.
Sustainability Initiatives:
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Patented microencapsulation technology ensuring performance stability
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50,000+ ton annual production capacity across global facilities
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Collaborations with leading architectural material suppliers worldwide
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9️⃣ 2. Honeywell International Inc.
Headquarters: Charlotte, North Carolina, USA
Key Offering: Thermal regulation solutions for precision applications
Honeywell specializes in bio-based PCM technologies for pharmaceutical logistics and food supply chains, maintaining exact temperature ranges for sensitive products during transport.
Sustainability Initiatives:
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Proprietary salt hydrate formulations with enhanced thermal properties
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ISO 14001 certified manufacturing plants
8️⃣ 3. Cryopak Industries
Headquarters: Edison, New Jersey, USA
Key Offering: Thermal packaging systems with bio-PCM
Cryopak delivers advanced cold chain solutions utilizing bio-based PCMs, serving healthcare providers and perishable food distributors across 50+ countries.
Sustainability Initiatives:
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Portfolio of 30+ patented thermal technologies
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Custom-engineered solutions for -40°C to +40°C temperature ranges
7️⃣ 4. Entropy Solutions Inc.
Headquarters: Plymouth, Minnesota, USA
Key Offering: Plant-derived PureTemp® PCM formulations
Entropy Solutions pioneered 100% bio-based PCM technology with applications ranging from building materials to medical devices and electronic cooling systems.
Sustainability Initiatives:
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USDA-certified bio-preferred products
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Implementation in 150+ commercial projects globally
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6️⃣ 5. Climator Sweden AB
Headquarters: Gothenburg, Sweden
Key Offering: Large-scale thermal energy storage systems
Climator specializes in industrial-grade bio-PCM solutions for district heating networks and manufacturing facilities with patented long-duration storage capabilities.
Sustainability Initiatives:
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Multi-month thermal energy retention technology
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Partnerships with Scandinavian utility providers
5️⃣ 6. Phase Change Energy Solutions
Headquarters: Asheboro, North Carolina, USA
Key Offering: Architectural BioPCM® integration products
The company develops building materials with embedded organic PCMs that significantly reduce HVAC energy demands in commercial structures.
Sustainability Initiatives:
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35% average reduction in building cooling loads
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Compatibility with LEED certification requirements
4️⃣ 7. Outlast Technologies GmbH
Headquarters: Munich, Germany
Key Offering: Textile-embedded temperature regulation
Outlast applies bio-PCM technology to apparel, bedding, and medical textiles, with over 250 million PCM-enhanced products in circulation.
Sustainability Initiatives:
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Carbon-neutral production certified by TÜV Rheinland
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Oeko-Tex Standard 100 certified materials
3️⃣ 8. Dow Building Solutions
Headquarters: Midland, Michigan, USA
Key Offering: PCM-enhanced insulation systems
Dow integrates bio-based phase change materials into its construction products portfolio to improve thermal mass and energy efficiency.
Sustainability Initiatives:
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30% reduction in peak temperature fluctuations
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Seismic-resistant architectural solutions
2️⃣ 9. Croda International
Headquarters: Snaith, United Kingdom
Key Offering: Nature-sourced PCM formulations
Croda develops high-performance bio-PCMs derived from plant-based fatty acids for diverse industrial and commercial applications.
Sustainability Initiatives:
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100% renewable feedstock sourcing
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Zero manufacturing waste initiatives
1️⃣ 10. Rubitherm Technologies GmbH
Headquarters: Berlin, Germany
Key Offering: Custom bio-PCM compounds
Rubitherm provides tailored organic phase change solutions with application-specific melting points for industrial and building uses.
Sustainability Initiatives:
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200+ standardized PCM products
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Application-specific formulation expertise
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🌍 Future Outlook: Sustainable Thermal Solutions Revolution
The bio-based PCM sector is undergoing transformative growth as industries worldwide prioritize sustainable thermal management. Traditional materials are being displaced by innovative alternatives that combine comparable performance with environmental benefits.
📈 Market-Shaping Developments:
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Accelerating adoption in green building programs (LEED, BREEAM, WELL)
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Advancements in nano-encapsulation enabling broader applications
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Integration with IoT-based building management platforms
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Expanding government incentives for energy-efficient construction
Get Full Report Here: https://www.24chemicalresearch.com/reports/242760/global-biobased-phase-change-material-forecast-market-2023-2032-24
The featured companies represent the vanguard of thermal innovation, developing solutions that simultaneously enhance energy efficiency and reduce environmental footprints across multiple sectors.
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