The Global Microencapsulated Paraffin Phase Change Materials Market was valued at USD 145.2 Million in 2024 and is projected to reach USD 245.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period (2024-2030). This growth is fueled by increasing applications in construction, textiles, electronics, and renewable energy storage sectors, where thermal regulation is critical.

As industries worldwide prioritize energy efficiency and carbon footprint reduction, microencapsulated paraffin PCMs are emerging as a game-changing solution for passive temperature control. In this blog, we profile the Top 10 Companies in the Microencapsulated Paraffin PCM Industry—the innovators and market leaders shaping the future of thermal energy management.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Micronal® PCM solutions

BASF leads the PCM market with its proprietary Micronal® technology, offering microencapsulated paraffin for construction materials and thermal packaging. Their solutions enable buildings to store and release thermal energy efficiently.

Innovation Focus:

• PCM integration in smart building materials
• Development of bio-based paraffin alternatives
• Applications in electric vehicle battery thermal management

Download FREE Sample Report:
Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report

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9️⃣ 2. Rubitherm Technologies GmbH

Headquarters: Berlin, Germany
Key Offering: RT, SP and GR series PCM products

Rubitherm specializes in organic and inorganic PCM solutions, with microencapsulated paraffin products designed for specific temperature ranges from -5°C to 100°C, serving diverse industrial applications.

Innovation Focus:

• Custom PCM formulations for niche applications
• Enhanced thermal conductivity solutions

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8️⃣ 3. Microtek Laboratories Inc.

Headquarters: Dayton, Ohio, USA
Key Offering: MicroPCM® and PhaseCool® products

A pioneer in microencapsulation technology, Microtek offers paraffin-based PCMs with various melting points and encapsulation materials for textile, packaging, and electronic cooling applications.

Innovation Focus:

• Military-grade thermal regulation solutions
• Medical temperature control applications

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7️⃣ 4. Croda International Plc

Headquarters: Snaith, UK
Key Offering: Sustainably sourced bio-PCMs

Croda focuses on sustainable phase change materials derived from renewable resources, offering microencapsulated solutions with reduced environmental impact for building and textile applications.

Innovation Focus:

• Plant-based paraffin alternatives
• Circular economy approaches to PCM production

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6️⃣ 5. Phase Change Energy Solutions Inc.

Headquarters: Greensboro, NC, USA
Key Offering: BioPCM® line

This US company developed proprietary bio-based PCM products that utilize microencapsulated paraffin in building materials, thermal energy storage systems, and HVAC applications.

Innovation Focus:

• Large-scale thermal energy storage systems
• Integration with renewable energy infrastructure

Download FREE Sample Report:
Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report

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5️⃣ 6. Outlast Technologies LLC

Headquarters: Boulder, CO, USA
Key Offering: Thermocules® PCM technology

Specializing in textile applications, Outlast integrates microencapsulated paraffin PCMs into fibers and coatings for temperature-regulated apparel, bedding, and medical textiles.

Innovation Focus:

• Smart textile solutions
• Phase change fabrics for extreme environments

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4️⃣ 7. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: PCM-enhanced adhesives and coatings

Henkel incorporates microencapsulated PCMs in its construction and industrial products, enabling thermal regulation in building systems and electronic components.

Innovation Focus:

• Thermal interface materials for electronics
• PCM composites for 3D printing applications

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3️⃣ 8. PureTemp LLC

Headquarters: Plymouth, MN, USA
Key Offering: Bio-based PCM formulations

PureTemp develops renewable, plant-derived PCMs using advanced microencapsulation techniques, serving both industrial and consumer product applications.

Innovation Focus:

• Food and pharmaceutical cold chain solutions
• Agriculture sector applications

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2️⃣ 9. Pluss Advanced Technologies

Headquarters: Gurugram, India
Key Offering: Cielo and Odissey PCM series

This Indian innovator provides customized microencapsulated PCM solutions for tropical climate applications, including building materials and cold chain packaging.

Innovation Focus:

• Cost-effective PCM solutions for developing markets
• Solar energy storage systems

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1️⃣ 10. PCM Products Ltd

Headquarters: Banbury, UK
Key Offering: Macro- and micro-encapsulated PCMs

With over 30 years of PCM experience, this UK company provides tailored paraffin-based solutions for construction, HVAC, and specialized industrial applications.

Innovation Focus:

• High-temperature PCMs for industrial processes
• Thermal storage for district heating systems

Get Full Report Here:
Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report

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🌡️ Outlook: The Future of Thermal Energy Management

The microencapsulated paraffin PCM market is experiencing transformative growth as sectors worldwide adopt intelligent thermal management solutions. From smart buildings to electric vehicles, these materials are becoming essential for energy efficiency and carbon reduction strategies.

📈 Key Trends Shaping the Market:

• Integration with renewable energy systems for storage applications
• Development of bio-based and recyclable paraffin alternatives
• Nanotechnology-enhanced PCM formulations
• Smart textile applications in performance apparel
• Growing adoption in electric vehicle battery thermal management

Get Full Report Here:
Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report

The companies profiled above are not just supplying materials—they’re enabling a revolution in how we store, manage, and optimize thermal energy across industries.