The Global Microencapsulated Paraffin Phase Change Materials Market was valued at USD 28.7 Million in 2023 and is projected to reach USD 50.9 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2023–2030). This substantial growth is being driven by increasing demand for energy-efficient building materials, growing adoption in smart textiles and electronics thermal management, and rising investments in sustainable energy storage solutions across construction, industrial, and consumer sectors.
As global industries accelerate their transition toward net-zero emissions and smart energy management, the focus shifts to advanced materials companies pioneering thermal regulation technologies. In this comprehensive analysis, we profile the Top 10 Companies in the Microencapsulated Paraffin Phase Change Materials Industry—a diverse mix of chemical giants, specialized material developers, and thermal management innovators shaping the future of energy storage solutions.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Micronal® PCM portfolio
BASF stands as the global market leader in microencapsulated paraffin PCMs, offering a comprehensive range of thermal energy storage solutions through its pioneering Micronal® brand. This advanced material portfolio finds applications in building materials, textiles, and temperature-controlled packaging systems.
Innovation Focus:
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Development of customized PCM solutions for specific temperature ranges
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Integration of PCMs in construction materials for passive thermal management
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Commitment to carbon-neutral production by 2050
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Global Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report
9️⃣ 2. Rubitherm Technologies GmbH
Headquarters: Hamburg, Germany
Key Offering: RT-series PCMs, microencapsulated PCM slurries
Rubitherm has established itself as a leading specialist in PCM technologies, with a comprehensive product portfolio spanning multiple phase change temperature points and application formats.
Innovation Focus:
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Specialization in bio-based microencapsulated PCMs
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Custom PCM development for specific thermal management requirements
8️⃣ 3. Microtek Laboratories, Inc.
Headquarters: Dayton, Ohio, USA
Key Offering: MicroPCMs® series, Phase-Logic® products
Microtek Laboratories brings extensive expertise in microencapsulation technologies, serving diverse industries from textiles to electronics cooling applications.
Innovation Focus:
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Advanced encapsulation for enhanced thermal cycling stability
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Focus on nanoencapsulation for high-performance thermal management
7️⃣ 4. Croda International Plc
Headquarters: Goole, East Yorkshire, UK
Key Offering: CrodaTherm™ microencapsulated PCMs
Croda leverages its surface chemistry expertise to develop next-generation microencapsulated PCM formulations with superior thermal conductivity and durability.
Innovation Focus:
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Sustainable bio-based PCM solutions
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PCM integration in consumer product applications
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Global Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report
6️⃣ 5. Encapsys LLC
Headquarters: Appleton, Wisconsin, USA
Key Offering: Custom microencapsulated PCMs, thermal management solutions
Encapsys specializes in advanced microencapsulation technologies, offering custom-designed PCM solutions for specialized industrial and consumer applications requiring precise thermal regulation.
Innovation Focus:
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Proprietary encapsulation processes for varied applications
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Focus on encapsulation technology licensing and partnership models
5️⃣ 6. Phase Change Energy Solutions Inc.
Headquarters: Asheboro, North Carolina, USA
Key Offering: BioPCM® products
Phase Change Energy Solutions has pioneered the development of BioPCM® technology, creating environmentally friendly thermal storage materials derived from renewable feedstocks.
Innovation Focus:
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Bio-based PCM formulations with enhanced environmental profiles
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Integration of PCMs in HVAC and building envelope systems
4️⃣ 7. Laird Performance Materials
Headquarters: London, United Kingdom
Key Offering: Thermal management materials with embedded PCMs
Laird brings extensive experience in thermal interface materials, now expanded to include microencapsulated paraffin PCM technologies for electronics cooling and industrial temperature control applications.
Innovation Focus:
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Hybrid thermal solutions combining PCMs with traditional materials
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Development of phase change thermal gels and gap fillers
3️⃣ 8. Outlast Technologies LLC
Headquarters: Boulder, Colorado, USA
Key Offering: Thermocules® technology platform
Outlast Technologies specializes in integrating microencapsulated PCMs into textile applications, providing temperature regulation in apparel, bedding, and industrial fabrics.
Innovation Focus:
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PCM applications in temperature-regulated clothing and textiles
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Cross-industry partnerships for thermal comfort solutions
2️⃣ 9. Henkel AG & Co. KGaA
Headquarters: Düsseldorf, Germany
Key Offering: Bergquist® Gap Pad TIM with PCM
Henkel brings its expertise in adhesives and thermal management to develop integrated PCM solutions for electronics and industrial applications.
Innovation Focus:
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Integration of PCMs in thermal interface materials for electronics
Innovation Focus:
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Development of PCM-enhanced thermal management systems
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Focus on automotive and consumer electronics thermal management
1️⃣ 10. Honeywell International Inc.
Headquarters: Charlotte, North Carolina, USA
Key Offering: Microencapsulated PCMs for building applicationsHoneywell leverages its building technologies expertise to develop integrated PCM solutions for smart buildings and energy management systems.
Innovation Focus:
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Smart insulation materials incorporating PCM technology
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Development of PCM-enhanced insulation materials for construction applications
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Global Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research Report
🌍 Outlook: The Future of Microencapsulated Paraffin PCMs Is Smarter and More Integrated
The microencapsulated paraffin PCM market is experiencing a fundamental transformation. While traditional thermal management solutions still dominate certain applications, the industry is witnessing significant investments in intelligent energy storage systems, advanced encapsulation technologies, and integrated thermal management platforms.
📈 Key Trends Shaping the Market:
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Rising demand for passive thermal regulation in green building construction
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Integration of PCMs in smart textiles for personal thermal comfort
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Development of nanoencapsulated paraffin PCMs for high-performance applications
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Cross-industry collaborations for developing customized PCM solutions
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Increasing regulatory focus on energy efficiency standards in building codes
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Global Microencapsulated Paraffin Phase Change Materials Market – View in Detailed Research ReportThe companies profiled above are not only leading the microencapsulated paraffin PCM market—they’re driving the intelligent thermal management revolution across industries.
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