China Phase Change Materials Market, By End-user
| Label | -20 to -35 deg C | 2 to 8 deg C | 10 to 15 deg C | Others |
|---|---|---|---|---|
| 2019 | 214.97 USD Mn | 574.37 USD Mn | 129.16 USD Mn | 99.34 USD Mn |
| 2020 | 234.91 USD Mn | 631.71 USD Mn | 140.23 USD Mn | 106.11 USD Mn |
| 2021 | 271.26 USD Mn | 734.12 USD Mn | 160.87 USD Mn | 119.7 USD Mn |
| 2022 | 319.15 USD Mn | 869.25 USD Mn | 188.03 USD Mn | 137.5 USD Mn |
| 2023 | 378.54 USD Mn | 1037.55 USD Mn | 221.54 USD Mn | 159.12 USD Mn |
| 2024 | 448.31 USD Mn | 1236.55 USD Mn | 260.62 USD Mn | 183.75 USD Mn |
| 2025 | 531.56 USD Mn | 1475.41 USD Mn | 306.93 USD Mn | 212.3 USD Mn |
| 2026 | 621.23 USD Mn | 1735.08 USD Mn | 356.27 USD Mn | 241.59 USD Mn |
| 2027 | 727.42 USD Mn | 2044.3 USD Mn | 414.32 USD Mn | 275.24 USD Mn |
| 2028 | 854.09 USD Mn | 2415.14 USD Mn | 483.1 USD Mn | 314.18 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The China Phase Change Materials Market, By Temperature Range market is on a steady long-term growth path. Segment value stands at roughly USD 2954 Mn in 2026 and is projected to reach USD 4067 Mn by 2028 — a gain of about 38% over the forecast period, translating to a CAGR in the double digits.
- What the regional split looks like (2026): 2 to 8 deg C leads, holding roughly 59% of segment value — the single largest regional share. -20 to -35 deg C is the second-largest contributor. 10 to 15 deg C and Others make up the remainder, in descending order.
- By 2028, 2 to 8 deg C alone is expected to reach USD 2415 Mn, with -20 to -35 deg C at USD 854 Mn.
Market Dynamics
China is the world's largest producer and consumer of phase change materials (PCMs), and its market demand is expected to continue growing due to increasing use in various end-use industries. One of the key factors driving this demand is the temperature range of PCMs, which allows for a wide range of applications in different temperature conditions.
The temperature range of PCMs refers to the temperature range at which the material undergoes a phase change, meaning it can store or release thermal energy, commonly known as heat. This range can vary depending on the type of PCM, with some having a narrow range of only a few degrees, while others can cover a wide range of temperatures.
One of the key applications of PCMs with a low temperature range is in the building and construction industry, where it is used to regulate indoor temperatures. In hot climates, these PCMs absorb heat from the building during the day and release it at night, keeping the interior cool and reducing the need for air conditioning. In cold climates, PCMs can store heat during the day and release it at night, helping to keep the building warm. With China being the world's largest construction market, the demand for these PCMs is high and expected to grow further.
On the other end of the spectrum, PCMs with a high temperature range are used in industries such as energy and transportation. In these applications, the PCMs are used for thermal energy storage, allowing for more efficient energy use and reducing costs. With China being the world's largest energy consumer, the demand for high-temperature PCMs is also expected to increase.
The demand for PCMs in China is also driven by the country's commitment to reducing its carbon footprint and promoting sustainable development. PCMs help to reduce energy consumption and thus contribute to a cleaner environment, making them a desirable solution for various industries.
In conclusion, the demand for PCMs in China is heavily influenced by the temperature range of the materials. As the country continues to invest in various industries and technologies, the demand for PCMs with different temperature ranges is expected to continue to grow rapidly. This presents ample opportunities for both domestic and international PCM producers to meet the demand and contribute to the country's economic growth and sustainable development.
Unlock the Full Data
Get This Chart
Access the complete chart and underlying data to support your research, analysis, and business decisions.
Powering the world's best teams.
From next-gen startups to established enterprises.
Get in Touch
Let's work together
support@wantstats.comSee our work in action
Start your data driven journey with us!
What our clients say
Trusted by forward-thinking businesses
for data-driven intelligence



