Top 10 Companies in the Global Energy Storage Materials Market (2026): Market Leaders Powering the Energy Transition

The Global Energy Storage Materials Market was valued at USD$ million in 2023 and is projected to reach USD$ million by 2030, at a CAGR of % during the forecast period.

The USA market for Global Energy Storage Materials Market is estimated to increase from USD$ million in 2023 to reach USD$ million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Energy Storage Materials Market is estimated to increase from USD$ million in 2023 to reach USD$ million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Energy Storage Materials Market is estimated to increase from USD$ million in 2023 to reach USD$ million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Global Energy Storage Materials Market – View in Detailed Research Report

The Energy Storage Materials Market encompasses a range of products designed to capture, store, and release thermal or electrical energy. These materials—ranging from sensible heat media to phase‑change composites—enable utilities, industrial facilities, and renewable energy projects to manage supply fluctuations, improve efficiency, and reduce carbon footprints.

🔟 1. Moore Group

Headquarters: London, United Kingdom
Key Offering: Advanced phase‑change materials for solar and industrial thermal storage

Moore Group has built a portfolio of high‑performance PCM solutions that allow power plants and manufacturing sites to smooth renewable output and capture waste heat. By integrating PCM modules into existing infrastructure, the company reduces peak demand and extends the operational life of thermal systems.

Sustainability Initiatives:

• Investment in low‑carbon PCM manufacturing processes
• Partnerships with renewable energy developers to deploy PCM at scale
• Commitment to circular material sourcing and end‑of‑life recycling

9️⃣ 2. Cryogel Thermal Energy Storage

Headquarters: Beijing, China
Key Offering: Cryogel‑based PCM for high‑temperature thermal storage

Cryogel Thermal Energy Storage is recognized for its scalable cryogel production, enabling large‑scale solar thermal plants to store heat efficiently. The company’s cryogel technology offers high heat capacity and rapid response times, making it ideal for utility‑scale deployments.

Sustainability Initiatives:

• R&D into bio‑derived cryogels to reduce fossil‑fuel dependence
• Collaboration with Chinese utilities to pilot cryogel storage in grid‑connected projects
• Adoption of green manufacturing practices across its supply chain

8️⃣ 3. Chutian Fine

Headquarters: Shanghai, China
Key Offering: Fine‑grained PCM for wind energy heat storage

Chutian Fine focuses on composite PCM tailored for wind farms, providing a cost‑effective way to buffer temperature swings in turbine housings and auxiliary systems. The company’s lightweight PCM modules enhance turbine reliability while lowering maintenance costs.

Sustainability Initiatives:

• Integration of renewable‑energy‑driven manufacturing lines
• Partnerships with wind turbine manufacturers to embed PCM into new designs
• Lifecycle assessment studies to quantify emissions savings

7️⃣ 4. JQC

Headquarters: Shenzhen, China
Key Offering: PCM modules for industrial waste heat recovery

JQC delivers modular PCM solutions that capture and store waste heat from steel mills and chemical plants. By converting high‑temperature waste streams into usable thermal energy, the firm helps customers reduce cooling loads and improve overall plant efficiency.

Sustainability Initiatives:

• AI‑driven process optimization for PCM deployment
• Collaborations with heavy‑industry partners to pilot waste‑heat projects
• Investment in renewable energy sources for manufacturing operations

6️⃣ 5. Yara International

Headquarters: Oslo, Norway
Key Offering: Nutrient‑based PCM for agricultural heat storage

Yara International leverages fertilizer by‑products to create PCM that stores heat for greenhouse operations and rural electrification projects. The company’s approach turns waste nutrients into valuable energy carriers, supporting sustainable agriculture.

Sustainability Initiatives:

• Circular economy partnerships to repurpose agricultural residues
• Development of low‑emission PCM manufacturing processes
• Stakeholder engagement to align with EU carbon‑neutral targets

5️⃣ 6. PureTemp

Headquarters: Houston, United States
Key Offering: PCM for data center thermal management

PureTemp supplies phase‑change solutions that reduce cooling energy consumption in data centers. By storing excess heat during peak demand and releasing it during off‑peak periods, the company helps operators lower operating costs and improve rack‑level temperature control.

Sustainability Initiatives:

• Partnerships with major cloud providers to deploy PCM at scale
• Continuous improvement of thermal conductivity through material science innovations
• Commitment to carbon‑neutral manufacturing by 2030

4️⃣ 7. SQM International

Headquarters: Santiago, Chile
Key Offering: Lithium‑based thermal storage for grid‑scale applications

SQM International combines its lithium extraction expertise with PCM technology to deliver grid‑scale thermal storage solutions. The firm’s lithium PCM offers high energy density and fast response, making it suitable for renewable integration and load balancing.

Sustainability Initiatives:

• Investment in responsible lithium mining practices
• Partnerships with utilities to pilot lithium PCM in hybrid storage systems
• Focus on reducing water usage in lithium processing

3️⃣ 8. QingHai Salt Lake Industry

Headquarters: Qinghai, China
Key Offering: Salt‑based PCM for high‑temperature storage

QingHai Salt Lake Industry specializes in salt hydrates that store thermal energy at high temperatures, ideal for concentrated solar power plants. The company’s large‑scale salt mining operations are designed to minimize environmental impact while delivering reliable PCM supply.

Sustainability Initiatives:

• Large‑scale salt mining with minimal ecological footprint
• Integration of renewable energy into processing facilities
• Research into salt‑PCM recycling and reuse

2️⃣ 9. Enesoon

Headquarters: Singapore
Key Offering: Nanocomposite PCM for high‑efficiency heat storage

Enesoon blends nanomaterials with PCM to boost thermal conductivity and storage capacity. The company’s solutions are deployed in both industrial and commercial settings, delivering superior performance over conventional PCM.

Sustainability Initiatives:

• Collaboration with research institutes to develop green nanomaterials
• Adoption of low‑energy synthesis routes for PCM production
• Commitment to zero‑waste manufacturing processes

1️⃣ 10. Phase Change Material Products Ltd.

Headquarters: Dublin, Ireland
Key Offering: Custom PCM solutions for HVAC and building applications

Phase Change Material Products Ltd. offers tailored PCM blends that meet specific building codes and energy performance targets. Their solutions help commercial buildings reduce HVAC loads and achieve certification under green building standards.

Sustainability Initiatives:

• Certification of PCM products for BREEAM and LEED compliance
• Partnerships with architects to embed PCM in new construction projects
• Continuous improvement of material life cycle through recycling programs

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🌍 Outlook: The Future of Energy Storage Materials Is Cleaner and Smarter

The energy storage materials landscape is evolving as utilities, industrial operators, and renewable developers seek reliable ways to smooth supply and reduce emissions. Companies that can deliver high‑temperature, high‑capacity PCM solutions while maintaining low environmental footprints will capture the most value.

📈 Key Trends Shaping the Market:

• Expansion of PCM deployment in utility‑scale solar and wind projects
• Increased demand for modular, scalable PCM solutions in data centers and industrial plants
• Growth of hybrid thermal‑electrical storage systems integrating PCM with battery technologies
• Stronger regulatory incentives for carbon‑neutral energy storage across Europe, North America, and China
• Advances in nanocomposite and bio‑derived PCM materials that boost performance and reduce cost