Thermal energy storage system plays a critical role in developing an efficient solar energy device. As far as solar thermal devices are concerned, there is always a mismatch between supply and demand due to intermittent and unpredictable nature of solar radiation. A well designed thermal energy storage system is capable to alleviate this demerit by providing a constant energy delivery to the load. Many research works is being carried out to determine the suitability of thermal energy storage system to integrate with solar thermal gadgets. This review paper summarizes the numerous investigations on latent heat thermal energy storage using phase change materials (PCM) and its classification, properties, selection criteria, potential research areas and studies involved to analyze the thermal-physical properties of PCM. (C) 2014 Elsevier Ltd. All rights reserved.