India Phase Change Material Market (2025-2031) Outlook | Growth, Value, Analysis, Revenue, Share, Size, Companies, Industry, Forecast & Trends

Market Forecast By Type (Inorganic, Organic), By Application (Building & Construction, HVAC, Cold Chain & Packaging, Electronics, Textile) And Competitive Landscape
Product Code: ETC4504165 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Phase Change Material Market Overview

The India Phase Change Material (PCM) market is experiencing significant growth due to increasing awareness of energy-efficient solutions. PCMs are used in various applications, including construction, textiles, and electronics, to store and release thermal energy. With a focus on sustainability and energy conservation, the India PCM market is expected to see continued expansion in the coming years.

Drivers of the Market

The PCM market in India is growing due to the need for efficient thermal management solutions. PCMs are used in various applications, including construction and textiles, to regulate temperature and improve energy efficiency. India rapid urbanization and increasing demand for energy-efficient buildings are key drivers for this market.

Challenges of the Market

In the India Phase Change Material Market, challenges include material selection and application knowledge. Selecting the right phase change material for specific applications can be complex, as it depends on factors like temperature range and energy storage needs. Additionally, educating end-users and manufacturers about the benefits and proper usage of phase change materials can be a considerable challenge. Regulatory compliance and safety standards are crucial but can vary across different applications and industries.

COVID-19 Impact on the Market

The phase change material market in India saw both challenges and opportunities due to the pandemic. The demand for PCM products in temperature-sensitive applications, such as cold chain logistics and building insulation, remained stable. However, disruptions in supply chains and construction activities affected the market`s growth. As the economy recovers, the PCM market is likely to regain momentum.

Key Players in the Market

Major companies like Croda International, Entropy Solutions, and Rubitherm Technologies GmbH are influential in India phase change material market, providing innovative solutions for thermal energy storage across various industries.

Key Highlights of the Report:

  • India Phase Change Material Market Outlook
  • Market Size of India Phase Change Material Market, 2024
  • Forecast of India Phase Change Material Market, 2031
  • Historical Data and Forecast of India Phase Change Material Revenues & Volume for the Period 2021-2031
  • India Phase Change Material Market Trend Evolution
  • India Phase Change Material Market Drivers and Challenges
  • India Phase Change Material Price Trends
  • India Phase Change Material Porter's Five Forces
  • India Phase Change Material Industry Life Cycle
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Inorganic for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Organic for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Building & Construction for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By HVAC for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Cold Chain & Packaging for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Electronics for the Period 2021-2031
  • Historical Data and Forecast of India Phase Change Material Market Revenues & Volume By Textile for the Period 2021-2031
  • India Phase Change Material Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Phase Change Material Top Companies Market Share
  • India Phase Change Material Competitive Benchmarking By Technical and Operational Parameters
  • India Phase Change Material Company Profiles
  • India Phase Change Material Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Phase Change Material Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Phase Change Material Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Phase Change Material Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Phase Change Material Market Revenues & Volume, 2021 & 2031F

3.3 India Phase Change Material Market - Industry Life Cycle

3.4 India Phase Change Material Market - Porter's Five Forces

3.5 India Phase Change Material Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Phase Change Material Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Phase Change Material Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient buildings and HVAC systems

4.2.2 Growing awareness about environmental sustainability and energy conservation

4.2.3 Government initiatives promoting the use of phase change materials in construction and cold chain logistics

4.3 Market Restraints

4.3.1 High initial cost of phase change materials

4.3.2 Limited awareness and understanding of the benefits of phase change materials

4.3.3 Lack of standardized regulations and guidelines for the use of phase change materials in different industries

5 India Phase Change Material Market Trends

6 India Phase Change Material Market, By Types

6.1 India Phase Change Material Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Phase Change Material Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Phase Change Material Market Revenues & Volume, By Inorganic, 2021-2031F

6.1.4 India Phase Change Material Market Revenues & Volume, By Organic, 2021-2031F

6.2 India Phase Change Material Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Phase Change Material Market Revenues & Volume, By Building & Construction, 2021-2031F

6.2.3 India Phase Change Material Market Revenues & Volume, By HVAC, 2021-2031F

6.2.4 India Phase Change Material Market Revenues & Volume, By Cold Chain & Packaging, 2021-2031F

6.2.5 India Phase Change Material Market Revenues & Volume, By Electronics, 2021-2031F

6.2.6 India Phase Change Material Market Revenues & Volume, By Textile, 2021-2031F

7 India Phase Change Material Market Import-Export Trade Statistics

7.1 India Phase Change Material Market Export to Major Countries

7.2 India Phase Change Material Market Imports from Major Countries

8 India Phase Change Material Market Key Performance Indicators

8.1 Number of green building certifications incorporating phase change materials

8.2 Percentage increase in the adoption of phase change materials in different industries

8.3 Number of research studies and publications highlighting the benefits of phase change materials

8.4 Energy savings achieved through the use of phase change materials in buildings and cold chain logistics

8.5 Number of partnerships and collaborations between phase change material manufacturers and key industries

9 India Phase Change Material Market - Opportunity Assessment

9.1 India Phase Change Material Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Phase Change Material Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Phase Change Material Market - Competitive Landscape

10.1 India Phase Change Material Market Revenue Share, By Companies, 2024

10.2 India Phase Change Material Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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