North America Phase Change Materials Market, By End-user
| Label | Organic | Inorganic | Eutectic |
|---|---|---|---|
| 2019 | 2914.59 USD Mn | 1594.24 USD Mn | 844.69 USD Mn |
| 2020 | 3216.89 USD Mn | 1768.46 USD Mn | 911.61 USD Mn |
| 2021 | 3751.83 USD Mn | 2072.84 USD Mn | 1039.17 USD Mn |
| 2022 | 4458.63 USD Mn | 2475.53 USD Mn | 1206.5 USD Mn |
| 2023 | 5341.53 USD Mn | 2980.29 USD Mn | 1411.47 USD Mn |
| 2024 | 6389.93 USD Mn | 3582.59 USD Mn | 1648.06 USD Mn |
| 2025 | 7653.29 USD Mn | 4311.59 USD Mn | 1925.66 USD Mn |
| 2026 | 9035.08 USD Mn | 5114.36 USD Mn | 2216.6 USD Mn |
| 2027 | 10687.08 USD Mn | 6078.15 USD Mn | 2555.06 USD Mn |
| 2028 | 12676.03 USD Mn | 7243.19 USD Mn | 2951.61 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The North America Phase Change Materials Market, By Type market is on a steady long-term growth path. Segment value stands at roughly USD 16366 Mn in 2026 and is projected to reach USD 22871 Mn by 2028 — a gain of about 40% over the forecast period, translating to a CAGR in the double digits.
- Of the 3 groups compared here, Organic is out front by 2028 at 12. 68B USD — 55% of the group total.
- What the regional split looks like (2026): Organic leads, holding roughly 55% of segment value — the single largest regional share. Inorganic is the second-largest contributor. Eutectic make up the remainder, in descending order.
- By 2028, Organic alone is expected to reach USD 12676 Mn, with Inorganic at USD 7243 Mn.
Market Dynamics
Of the 3 groups compared here, Organic is out front by 2028 at 12.68B USD — 55% of the group total.
Inorganic follows at 7.24B USD, 43% smaller than Organic.
Organic: up 335% over the period, 2.91B USD to 12.68B USD.
Inorganic: 1.59B USD to 7.24B USD, 354% higher by 2028.
Eutectic climbs from 844.69M USD (2019) to 2.95B USD (2028), a 249% gain.
Inorganic outpaces every other series here, 354% growth — worth watching even if it is not the biggest in absolute terms yet.
Across the full group, the combined total moves from 5.35B USD in 2019 to 22.87B USD in 2028 — a 327% change.
How The 3 Series Compare
There are 3 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
Size and growth rate are two different questions here — a series can be small in absolute terms and still be growing the fastest of the group. Check both before drawing a conclusion.
For planning purposes, the end-year figure and the growth rate are the two numbers that matter. Together they show how large the North America Phase Change Materials market is projected to become and how quickly it gets there.
Figures before the 2018 base year are historical estimates; the years through 2028 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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