UK Phase Change Materials Market (2025-2030)
The UK Phase Change Materials Market was valued at $83.17 Million in 2025 and projected to reach to $185.07 Million by 2030, representing a compound annual growth rate of 17.35%. The UK Phase Change Materials market is positioned for sustained expansion through 2030, driven by mandatory energy efficiency requirements and the government's commitment to net-zero emissions.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
UK Phase Change Materials Market Trends and Insights
- The UK's strong emphasis on energy efficiency, thermal management innovation, and sustainable building practices is driving adoption across construction, HVAC, and industrial applications.
- The UK market benefits from stringent building regulations and growing investment in net-zero infrastructure, positioning the nation as a key growth hub within Europe. Driving the UK's 17.35% CAGR through 2030 are increasing demand for thermal energy storage solutions, expansion in cold chain logistics, and rising adoption in electronics cooling systems.
- The UK's advanced manufacturing base and R&D capabilities support the development of next-generation PCM products tailored to local market needs.
- Government incentives for green building certifications and climate commitments further accelerate UK market penetration across residential, commercial, and industrial sectors..
Key Market Statistics
- CAGR (2025-2030) 17.35% CAGR
- Market Size, 2025 ~USD 83.17 Million
- Forecast, 2030 ~USD 185.07 Million
- Country UK
UK Phase Change Materials Market Overview
Market Valuation Growth :
The UK PCM market is valued at £83.17 million in 2025, with a projected CAGR of 17.35%, reaching £185.07 million by 2030, demonstrating strong double-digit growth momentum.
Building Regulations Driving Adoption :
UK's stringent building regulations and energy efficiency standards are accelerating PCM adoption in construction and HVAC systems, positioning the country as a leader in thermal management innovation.
Sustainability Focus :
Growing emphasis on sustainable building practices and net-zero carbon targets across the UK is fueling demand for phase change materials in energy-efficient construction and industrial applications.
Thermal Management Innovation :
UK manufacturers and construction firms are increasingly integrating PCM technology for advanced thermal regulation, reducing energy consumption and improving building performance across residential and commercial sectors.
UK Phase Change Materials Market Dynamics
- Construction and HVAC sectors are leading adoption, with PCM technology becoming integral to modern building design.
- Regulatory frameworks and green building certifications are creating strong tailwinds for market penetration.
- Investment in R&D and manufacturing capabilities is expected to enhance product availability and reduce costs, further accelerating market growth across industrial and commercial applications throughout the UK..
Related Ecosystem
Foam And Insulation
Renewable Energy Material
Resins And Polymers
Key Takeaways
- The UK Phase Change Materials market will more than double from £83.17M (2025) to £185.07M (2030), reflecting a 17.35% CAGR.
- UK building regulations and net-zero commitments are primary catalysts for PCM adoption in thermal management and energy storage applications.
- The UK's advanced manufacturing and R&D infrastructure positions it as a leader in developing innovative PCM solutions for European markets.
- Cold chain logistics, electronics cooling, and sustainable construction are the fastest-growing application segments driving UK market expansion.
Phase Change Materials Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 17.58% from 2025 to 2030 |
| Market Size Base Year (Billions) | ~USD 0.73 (2025) |
| Revenue Forecast (Billions) | ~USD 1.64 (2030) |
| Segments Covered | Type, Application |
UK Phase Change Materials Market Report Segmentation
2 segment dimensions are covered across the global market.
By Type
- Eutectic Pcm
- Inorganic Pcm
- Organic Pcm
By Application
- Building & Construction
- Cold Chain & Packaging
- Electronics
- Hvac
- Other Applications
- Refrigeration & Equipment
- Textiles
- Thermal Energy Storage
Target Audience
- Construction & Building Developers : Need UK-specific PCM market data to integrate thermal management solutions into new builds and renovations, ensuring compliance with building regulations and energy efficiency standards.
- HVAC & MEP Manufacturers : Require market insights to develop and commercialize PCM-integrated heating, cooling, and ventilation systems tailored to UK building codes and customer preferences.
- Materials & Chemical Suppliers : Seek UK market intelligence to identify growth opportunities, assess demand trends, and develop targeted sales strategies for phase change material products.
- Energy Efficiency Consultants : Need comprehensive UK market data to advise clients on PCM adoption, cost-benefit analysis, and integration into energy management and sustainability initiatives.
- Investment & Strategy Teams : Require detailed UK market forecasts and segment analysis to evaluate investment opportunities, assess portfolio companies, and guide M&A strategies in the thermal materials sector.
Key Companies in the UK Phase Change Materials Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| BASF SE | Germany | Public Company | Chemicals (petrochemicals and intermediates),Materials (isocyanates, polyamides, plastics specialties),Industrial Solutions (dispersions, resins, additives, catalysts), |
| ROYAL DUTCH SHELL PLC | United Kingdom | Public Company | Integrated Gas (including LNG and GTL),Upstream (oil, gas, NGLs),Marketing (mobility, lubricants, commercial fuels, EV charging), |
| SHELL PLC | United Kingdom | Public Company | Integrated Gas (incl. LNG and GTL),Upstream (oil, gas, NGLs),Marketing (mobility, lubricants, commercial fuels), |
| HONEYWELL INTERNATIONAL INC. | United States | Public Company | Industrial Automation,Building Automation,Energy and Sustainability Solutions (UOP and related), |
| DUPONT DE NEMOURS, INC. | United States | Public Company | Healthcare & Water Technologies,Construction Materials (TYVEK, STYROFOAM, CORIAN),Engineered Components & Specialty Materials, |
| CRODA INTERNATIONAL PLC. | United Kingdom | Public Company | Consumer Care (beauty care, actives, home care, fragrances & flavours),Life Sciences (biologics delivery, crop protection, seed coating & enhancement),Industrial Specialties (phase change materials, surfactants, textile & spin finishes), |
| BOYD CORPORATION | Canada | Public Company | Collision repair centers,Retail auto glass services,Claims administration and roadside/ancillary services, |
| SASOL LIMITED | South Africa | Public Company | Transport fuels (petrol, diesel, jet, burner fuels, illuminating paraffin),Natural gas, methane-rich gas, LPG, and industrial heating fuels,Base and performance chemicals for industrial, mining, paper, water, textile, and leather, |
BASF SE
BASF SE is a German public company founded in 1865 with 106,428 employees. It is one of the world's largest chemical manufacturers.
ROYAL DUTCH SHELL PLC
Royal Dutch Shell PLC is a United Kingdom-based public company founded in 1897 with 84,000 employees. It operates as a major international oil and gas company.
SHELL PLC
Shell PLC is a United Kingdom-based public company founded in 1897 with 84,000 employees. It operates as a major international oil and gas company.
HONEYWELL INTERNATIONAL INC.
Honeywell International Inc. is a United States-based public company founded in 1885 with 101,000 employees. It is a diversified technology and manufacturing conglomerate.
DUPONT DE NEMOURS, INC.
DuPont de Nemours, Inc. is a United States-based public company founded in 2015 with 15,000 employees. It operates as a specialty chemicals and materials manufacturer.
CRODA INTERNATIONAL PLC.
Croda International PLC is a United Kingdom-based public company founded in 1925 with 5,954 employees. It specializes in specialty chemicals and ingredients.
BOYD CORPORATION
Boyd Corporation is a Canada-based public company founded in 1990 with 13,424 employees.
SASOL LIMITED
Sasol Limited is a South Africa-based public company founded in 1950 with 27,107 employees. It operates in energy and chemicals production.
Reasons to Buy this Report
- Regulatory Compliance Intelligence : Understand how UK building regulations and energy efficiency standards impact PCM market dynamics, enabling compliant product development and market positioning strategies.
- Growth Opportunity Identification : Identify high-potential segments within UK construction, HVAC, and industrial sectors with 17.35% CAGR, supporting strategic investment and expansion decisions.
- Competitive Landscape Analysis : Gain insights into UK-specific competitive positioning, market players, and differentiation strategies to inform go-to-market approaches and partnership opportunities.
- Sustainability Trend Alignment : Leverage data on UK's net-zero commitments and green building initiatives to align product portfolios with market demand and capture emerging sustainability-driven opportunities.
- Market Sizing & Forecasting : Access precise UK market valuations (2025-2030) and segment breakdowns to support accurate financial planning, resource allocation, and revenue projections.
Frequently asked questions
What is the current size of the UK Phase Change Materials market?
The UK Phase Change Materials market is valued at £83.17 million in 2025 and is expected to grow to £185.07 million by 2030.
What is the projected growth rate for the UK PCM market?
The UK Phase Change Materials market is projected to grow at a compound annual growth rate (CAGR) of 17.35% from 2025 to 2030.
Which sectors are driving demand for PCM in the UK?
Key sectors include construction and building thermal management, HVAC systems, cold chain logistics, electronics cooling, and industrial thermal energy storage applications.
How do UK building regulations impact the PCM market?
Stringent UK building regulations and net-zero carbon commitments mandate improved thermal efficiency, directly increasing demand for Phase Change Materials in insulation and energy storage solutions.
What competitive advantages does the UK market offer?
The UK benefits from advanced manufacturing capabilities, strong R&D infrastructure, government green building incentives, and established expertise in thermal management innovation.
RESEARCH METHODOLOGY
The study involved four major activities in estimating the size of the phase change materials market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to complete the overall market size estimation process. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold-standard and silver-standard websites, such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research, which involved conducting extensive interviews with key officials, including CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:
Primary Research
The phase change materials market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Primary research from the demand side includes key opinion leaders in various end-use industries of phase change materials. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Notes: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2023/2024 available
in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
To know about the assumptions considered for the study, download the pdf brochure
|
COMPANY NAME |
DESIGNATION |
|
Honeywell International Inc. |
Senior Manager |
|
Croda International Plc |
Innovation Manager |
|
Microtek Laboratories Inc. |
Vice President |
|
Sasol Limited |
Production Supervisor |
|
PureTemp LLC |
Sales Manager |
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the phase change materials market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research.
- The supply chain of the industry has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Phase Change Materials Market : Top-Down and Bottom-Up Approach
Data Triangulation
After determining the overall market size using the market size estimation processes explained above, the market was divided into several segments and subsegments. To complete the overall market engineering process and determine the exact statistics for each market segment and subsegment, data triangulation and market breakdown procedures were employed, as applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the phase change materials industry.
Market Definition
According to the Phase Change Material Industry Association (PCMIA), “Phase change materials are compounds that absorb, store, and release a large amount of heat at a relatively constant temperature by changing their physical state. When a phase change material freezes, it releases a large amount of energy as latent heat, whereas when such material melts, it absorbs a large amount of heat from the environment.” Heat stored in the materials is called latent heat, due to which, phase change materials are also known as latent heat storage materials. Phase change materials absorb and release heat by liquefying and solidifying at set temperatures. The natural latent heat property of phase change materials helps maintain a structure’s temperature and prevent sudden external changes. Fluctuations in ambient temperature recharge advanced phase change materials, making them suitable for everyday applications.
Stakeholders
- Phase change material manufacturers
- Phase change material distributors
- Raw material suppliers
- Government and research organizations
- Investment banks and private equity firms
Report Objectives
- To analyze and forecast the size of the global phase change materials market in terms of value and volume
- To provide detailed information about the important drivers, restraints, challenges, and opportunities influencing the market growth
- To define, describe, and segment the market based on type, application, and region
- To forecast the size of the market segments based on regions such as Asia Pacific, North America, Europe, and the Rest of the World
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contributions to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To analyze competitive developments such as expansions, partnerships & collaborations, mergers & acquisitions, agreements, and product launches in the market
- To strategically profile the key companies and comprehensively analyze their core competencies
Available Customizations
Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional Analysis
- Further breakdown of a region with respect to a particular country or additional application
Company Information
- Detailed analysis and profiles of additional market players (up to five)
Get the Full Phase Change Materials Market Report
Full forecast, segment splits, and company analysis for all Phase Change Materials Market.
- China Phase Change Materials Market
- India Phase Change Materials Market
- Australia Phase Change Materials Market
- Singapore Phase Change Materials Market
- Germany Phase Change Materials Market
- France Phase Change Materials Market
- Netherlands Phase Change Materials Market
- US Phase Change Materials Market
- Rest Of North America Phase Change Materials Market
- Rest Of Europe Phase Change Materials Market
- Italy Phase Change Materials Market
- Spain Phase Change Materials Market
- Rest Of Asia Pacific Phase Change Materials Market
- Canada Phase Change Materials Market
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