The phase change material market was valued at USD 1,370.70 million in 2023 and is expected to grow at a robust CAGR of around 20.45% during the forecast period (2024-2032) driven by the growing application in the building and construction industry, which leads to save colossal energy and decrease the environmental impact. Additionally, the burgeoning adoption of electric vehicles globally also acts as a primary catalyst for the phase change material market. https://univdatos.com/reports/phase-change-material-market