The Global Phase Change Microcapsules Market was valued at US$ 241.8 Million in 2025 and is projected to reach US$ 397.5 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2026–2034). This growth is driven by escalating demand for energy-efficient materials, the proliferation of smart textiles and coatings, and stringent regulatory pushes toward sustainable construction and manufacturing practices.
As industries worldwide intensify their focus on thermal management and energy conservation, the spotlight falls on the innovative companies developing advanced phase change microcapsules (PCMs). These microscopic capsules, which store and release thermal energy during phase transitions, are revolutionizing applications from building materials to functional apparel. In this blog, we profile the Top 10 Companies in the Phase Change Microcapsules Industry—specialty chemical firms and material science innovators at the forefront of this dynamic market.
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🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Micronal® PCM SmartBoard, PCM slurries for coatings and textiles
BASF is a global chemical leader and a pioneer in PCM technology. Its Micronal® brand incorporates PCM microcapsules into building materials like wallboards and ceiling tiles, enabling passive temperature regulation that reduces energy consumption for heating and cooling.
Innovation Initiatives:
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Development of bio-based PCMs from renewable raw materials
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Integration of PCMs into automotive interiors for thermal comfort
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Global R&D partnerships for next-generation thermal storage solutions
9️⃣ 2. Microtek Laboratories, Inc.
Headquarters: Dayton, Ohio, USA
Key Offering: MicroPCMs® (Microencapsulated Phase Change Materials)
Microtek Laboratories is a specialist in microencapsulation technology, providing a wide range of MicroPCMs® with precise melting points for diverse applications. The company serves sectors including textiles, polymers, and building materials with high-purity, durable microcapsules.
Innovation Initiatives:
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Custom PCM development for specific customer thermal requirements
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Focus on enhancing capsule shell integrity for long-term performance
8️⃣ 3. Rubitherm Technologies GmbH
Headquarters: Berlin, Germany
Key Offering: RT & RUBITHERM® PCM, PCM granules, and macro-encapsulated units
Rubitherm offers a broad portfolio of organic and salt hydrate PCMs, including microencapsulated forms. The company provides tailored thermal storage solutions for applications ranging from cold chain logistics to electronics thermal management.
Innovation Initiatives:
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Expansion of microencapsulated PCM product lines for coatings and composites
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R&D into PCMs with higher thermal cycling stability
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7️⃣ 4. Croda International Plc
Headquarters: Snaith, United Kingdom
Key Offering: Crodatherm™ PCMs, specialty surfactants for microencapsulation
Croda leverages its expertise in specialty chemicals to develop high-performance PCMs, primarily for the personal care and textile industries. Their Crodatherm™ products are designed for consistent thermal regulation in fabrics and skincare formulations.
Innovation Initiatives:
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Sustainable sourcing and development of bio-based PCMs
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Collaboration with textile manufacturers for activewear and outdoor gear
6️⃣ 5. Sinopec Shanghai Petrochemical Company Limited (SPC)
Headquarters: Shanghai, China
Key Offering: Paraffin-based PCMs, microencapsulated PCM masterbatches
As a subsidiary of the Sinopec Group, SPC is a major producer of paraffin waxes, which serve as the core material for many PCMs. The company supplies raw materials and develops microencapsulated PCMs for the Asian market, particularly for construction composites.
Innovation Initiatives:
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Investment in large-scale PCM production capacity
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Development of flame-retardant PCM systems for building safety
5️⃣ 6. Henkel AG & Co. KGaA
Headquarters: Düsseldorf, Germany
Key Offering: PCM-enhanced adhesives, sealants, and functional coating materials
Henkel integrates PCM microcapsules into its construction and consumer goods products. Their technologies are used to create thermally adaptive adhesives for flooring and PCM-infused coatings that help regulate indoor temperatures.
Innovation Initiatives:
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Application of PCMs in electronics thermal interface materials
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Partnerships with automotive OEMs for cabin thermal management
4️⃣ 7. Laird Performance Materials
Headquarters: London, United Kingdom
Key Offering: Tputty™ PCM TIMs, Thermagon® thermal management materials
Laird specializes in thermal management solutions for the electronics industry. The company utilizes PCM technology in its thermal interface materials (TIMs) to manage heat dissipation in smartphones, servers, and telecommunications equipment.
Innovation Initiatives:
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Development of high-thermal-conductivity PCM composites
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Focus on 5G infrastructure and electric vehicle battery thermal management
3️⃣ 8. Outlast Technologies GmbH
Headquarters: Heidenheim, Germany
Key Offering: Outlast® Adaptive Comfort® materials (PCM-treated fibers, fabrics, and coatings)
Outlast is a globally recognized leader in applying PCMs to textiles. Originally developed for NASA, their technology is licensed to apparel brands worldwide for use in bedding, workwear, and outdoor clothing that actively manages body temperature.
Innovation Initiatives:
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Continuous innovation in PCM coating and fiber integration techniques
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Expansion into new application areas like footwear and home textiles
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Phase Change Microcapsules Market – View in Detailed Research Report
2️⃣ 9. Pluss Advanced Technologies Pvt. Ltd.
Headquarters: New Delhi, India
Key Offering: C®LIKE PCMs, microencapsulated PCMs for textiles and building materials
Pluss is a key player in the Asian PCM market, offering a diverse range of encapsulated phase change materials. The company focuses on providing cost-effective thermal energy storage solutions tailored to the climatic conditions of emerging economies.
Innovation Initiatives:
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Development of nano-enhanced PCMs for improved thermal properties
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Focus on cold chain packaging solutions for pharmaceutical and food industries
1️⃣ 10. PCM Products Ltd.
Headquarters: Hertfordshire, United Kingdom
Key Offering: PureTemp® bio-based PCMs, a wide range of encapsulated PCMs
PCM Products Ltd. specializes exclusively in phase change materials, offering one of the industry’s most extensive portfolios. Their PureTemp® series, derived from plant-based sources, provides sustainable thermal storage options across various temperature ranges.
Innovation Initiatives:
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Pioneering bio-based PCMs with reduced environmental impact
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Custom formulation services for niche industrial applications
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Phase Change Microcapsules Market – View in Detailed Research Report
🌍 Outlook: The Future of Thermal Management Is Intelligent and Integrated
The phase change microcapsules market is advancing rapidly, shifting from niche applications to mainstream adoption across multiple industries. While building energy efficiency remains a primary driver, the demand for smart, responsive materials in textiles, electronics, and packaging is creating significant new growth avenues.
📈 Key Trends Shaping the Market:
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Rising demand for sustainable and bio-based PCM formulations
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Integration of PCMs with smart sensors and IoT for active thermal management systems
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Advancements in microencapsulation shell materials for enhanced durability and thermal conductivity
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Growth in cold chain logistics, driving demand for temperature-stable PCM packaging
Get Full Report Here:
Phase Change Microcapsules Market – View in Detailed Research Report
The companies featured above are not merely supplying materials—they are enabling a fundamentally smarter approach to energy use and thermal comfort across the global economy.
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