Pro
Chemicals & Materials
Canada 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 | 118.11 USD Mn | 312.64 USD Mn | 69.38 USD Mn | 53.6 USD Mn |
| 2020 | 128.64 USD Mn | 342.7 USD Mn | 75.07 USD Mn | 57.05 USD Mn |
| 2021 | 148.03 USD Mn | 396.89 USD Mn | 85.81 USD Mn | 64.12 USD Mn |
| 2022 | 173.56 USD Mn | 468.28 USD Mn | 99.94 USD Mn | 73.38 USD Mn |
| 2023 | 205.11 USD Mn | 556.92 USD Mn | 117.31 USD Mn | 84.59 USD Mn |
| 2024 | 242.01 USD Mn | 661.27 USD Mn | 137.48 USD Mn | 97.3 USD Mn |
| 2025 | 285.86 USD Mn | 785.98 USD Mn | 161.28 USD Mn | 111.96 USD Mn |
| 2026 | 332.77 USD Mn | 920.69 USD Mn | 186.45 USD Mn | 126.88 USD Mn |
| 2027 | 388.09 USD Mn | 1080.42 USD Mn | 215.93 USD Mn | 143.93 USD Mn |
| 2028 | 453.79 USD Mn | 1271.14 USD Mn | 250.72 USD Mn | 163.56 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Canada Phase Change Materials Market, By Temperature Range market is on a steady long-term growth path. Segment value stands at roughly USD 1567 Mn in 2026 and is projected to reach USD 2139 Mn by 2028 — a gain of about 37% over the forecast period, translating to a CAGR in the double digits.
- Of the 4 groups compared here, 2 to 8 deg C is out front by 2028 at 1. 27B USD — 59% of the group total.
- 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 1271 Mn, with -20 to -35 deg C at USD 454 Mn.
Market Dynamics
Of the 4 groups compared here, 2 to 8 deg C is out front by 2028 at 1.27B USD — 59% of the group total.
-20 to -35 deg C is runner-up at 453.79M USD — 64% off the lead.
2 to 8 deg C climbs from 312.64M USD (2019) to 1.27B USD (2028), a 307% gain.
-20 to -35 deg C: up 284% over the period, 118.11M USD to 453.79M USD.
10 to 15 deg C: 69.38M USD to 250.72M USD, 261% higher by 2028.
Others grows to 163.56M USD by 2028, from 53.60M USD in 2019 — 205% up.
Across the full group, the combined total moves from 553.73M USD in 2019 to 2.14B USD in 2028 — a 286% change.
Who Leads, And By How Much
This is a comparison chart, 4 groups at once — the interesting question is usually how the gap between them changes, not the value of any single group in isolation.
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.
Treat these values as a directional estimate of the Canada Phase Change Materials market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
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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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.