Top 10 Companies in the Microencapsulated Paraffin Phase Change Materials Industry (2025): Market Leaders Powering Thermal Energy Storage

In Business Insights
September 16, 2025

The Global Microencapsulated Paraffin Phase Change Materials Market was valued at USD 312.5 Million in 2023 and is projected to reach USD 587.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period (2024-2030). This growth is being driven by increasing demand for energy-efficient solutions across construction, electronics cooling, and textile industries, along with stricter thermal management regulations worldwide.

As industries accelerate their transition toward sustainable thermal regulation technologies, microencapsulated paraffin PCMs are becoming essential components in modern energy systems. In this analysis, we examine the Top 10 Companies in the Microencapsulated Paraffin Phase Change Materials Industry – innovators developing cutting-edge temperature management solutions across multiple sectors.


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Micronal PCM series

BASF leads the market with its innovative Micronal product line, providing smart temperature regulation solutions for building materials, textiles, and industrial applications. Their paraffin-based microcapsules maintain precise thermal control while enhancing energy efficiency.

Technology Focus:

  • PCM-enhanced construction materials for passive cooling
  • Textile applications for adaptive thermal comfort
  • Customized phase change formulations

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


9️⃣ 2. Rubitherm Technologies GmbH

Headquarters: Berlin, Germany
Key Offering: RT/SP/GR series PCMs

Rubitherm specializes in paraffin-based phase change materials, offering a diverse portfolio of microencapsulated solutions with various melting points for industrial applications.

Technology Focus:

  • High-purity paraffin formulations
  • Custom thermal regulation solutions

8️⃣ 3. Microtek Laboratories, Inc.

Headquarters: Dayton, Ohio, USA
Key Offering: MicroPCM powders and slurries

Microtek Laboratories pioneers microencapsulation technology, developing advanced PCM solutions for building materials and thermal management applications.

Technology Focus:

  • Electronics cooling solutions
  • Industrial thermal regulation systems

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


7️⃣ 4. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: PCM-enhanced building materials

Henkel integrates microencapsulated paraffin PCMs into construction products to improve thermal mass and energy efficiency in modern buildings.

Technology Focus:

  • PCM-infused adhesives and coatings
  • Building envelope solutions

6️⃣ 5. Croda International Plc

Headquarters: Snaith, United Kingdom
Key Offering: Smart thermal regulation materials

Croda develops specialized microencapsulated paraffin PCMs for textile and personal care applications, focusing on temperature management and comfort.

Technology Focus:

  • Thermoregulating textiles
  • Cosmetic applications

5️⃣ 6. Phase Change Products Pty Ltd

Headquarters: Melbourne, Australia
Key Offering: PureTemp bio-based PCMs

This Australian firm specializes in sustainable paraffin PCMs with microencapsulation for various temperature control applications.

Technology Focus:

  • Eco-friendly PCM solutions
  • Temperature-sensitive applications

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


4️⃣ 7. Outlast Technologies LLC

Headquarters: Boulder, Colorado, USA
Key Offering: PCM-infused textiles

Outlast specializes in incorporating microencapsulated paraffin PCMs into fabrics for apparel, bedding, and specialized applications.

Technology Focus:

  • Comfort-enhancing textiles
  • Performance wear applications

3️⃣ 8. Fraunhofer Institute

Headquarters: Munich, Germany
Key Offering: Advanced PCM research

As a premier research organization, Fraunhofer develops cutting-edge microencapsulated paraffin PCM technologies for industrial applications.

Technology Focus:

  • Next-generation materials
  • Energy storage integration

2️⃣ 9. Laird Thermal Systems

Headquarters: Morrisville, North Carolina, USA
Key Offering: Thermal management solutions

Laird specializes in PCM-based cooling systems for electronics, utilizing microencapsulated paraffin technology.

Technology Focus:

  • Electronics thermal control
  • Battery temperature management

1️⃣ 10. PLUSS Advanced Technologies

Headquarters: Gurgaon, India
Key Offering: Ciel PCM products

PLUSS develops specialized microencapsulated paraffin PCM solutions for diverse industrial applications.

Technology Focus:

  • Custom PCM formulations
  • Energy-efficient building solutions

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


🌡️ Outlook: The Future of Thermal Energy Storage

The microencapsulated paraffin PCM market is undergoing significant transformation as industries increasingly adopt these materials for sustainable thermal management solutions across multiple applications.

📈 Key Market Developments:

  • Growing applications in smart textiles and wearable technology
  • Increasing integration in sustainable construction materials
  • Advancements in encapsulation durability and performance
  • Rising demand for electronics thermal control solutions

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

The companies profiled above are actively transforming thermal management technologies through innovative microencapsulated paraffin PCM solutions that are redefining energy efficiency across industries.