Top 10 Companies in the Bio-based Phase Change Material Industry (2025): Market Leaders Driving Sustainable Thermal Innovation

In Business Insights
September 07, 2025

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:

  • Patented microencapsulation technology ensuring performance stability

  • 50,000+ ton annual production capacity across global facilities

  • Collaborations with leading architectural material suppliers worldwide

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/242760/global-biobased-phase-change-material-forecast-market-2023-2032-24


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:

  • Proprietary salt hydrate formulations with enhanced thermal properties

  • 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:

  • Portfolio of 30+ patented thermal technologies

  • 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:

  • USDA-certified bio-preferred products

  • Implementation in 150+ commercial projects globally

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/242760/global-biobased-phase-change-material-forecast-market-2023-2032-24


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:

  • Multi-month thermal energy retention technology

  • 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:

  • 35% average reduction in building cooling loads

  • 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:

  • Carbon-neutral production certified by TÜV Rheinland

  • 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:

  • 30% reduction in peak temperature fluctuations

  • 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:

  • 100% renewable feedstock sourcing

  • 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:

  • 200+ standardized PCM products

  • Application-specific formulation expertise

Get Full Report Here: https://www.24chemicalresearch.com/reports/242760/global-biobased-phase-change-material-forecast-market-2023-2032-24


🌍 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:

  • Accelerating adoption in green building programs (LEED, BREEAM, WELL)

  • Advancements in nano-encapsulation enabling broader applications

  • Integration with IoT-based building management platforms

  • 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.