Market Overview:
The global thermal compound/grease market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturization and higher performance in electronic devices, rising adoption of thermal compounds/greases in CPU applications, and growing demand from emerging economies. Based on type, the metal-based segment is expected to lead the global thermal compound/grease market during the forecast period. This can be attributed to its high heat conductivity and low price point as compared to other types of thermal compounds/greases. Based on application, CPU is expected to lead the global thermal compound/grease market during the forecast period owing to its widespread use in laptops, desktops, servers, and other electronic devices.
Product Definition:
Thermal compound, also known as thermal grease or heat sink paste, is a material used to improve the heat conduction from a microprocessor to its heatsink. Thermal compound is usually applied as a thin layer on the top of the CPU and then spread out with an application tool.
Metal based:
Metal-based products are widely used in the automotive industry as lubricants. They find application in various components such as chassis, engine, transmission and other moving mechanical parts. The growth of the automotive sector is directly proportional to metal-based grease demand. Automotive manufacturers across the globe have been focusing on reducing their carbon footprint by using eco-friendly products such as bio-lubricants which are expected to drive product demand over the forecast period.
Ceramic based:
Ceramic-based products are widely used in the production of thermal greases. These products provide high heat resistance, low volatility, and excellent corrosion protection to base materials. They also have a high melting point and low viscosity which helps in maintaining the properties of base materials during processing.
The ceramic-based product is available in two forms including powder and liquid.
Application Insights:
The others segment includes joints, bearings, bushings and other components. The demand for the product in the others application is expected to witness a CAGR of XX% from 2018 to 2030 owing to its ability to reduce friction and wear between two surfaces thus promoting longer component life. Other applications include industrial machinery, construction equipment and transportation equipment among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the manufacturing sector. In addition, rising population coupled with growing consumerism has led to an increase in automobile sales which will drive demand for thermal compounds over the forecast period.
Europe was valued at USD X billion in 2017 and is anticipated to witness steady growth over the forecast period owing high product usage across various industries including aerospace & defense, automotive, oil & gas, electronics among others. The presence of major aircraft manufacturers such as Airbus S A de C V; Rolls-Royce Holdings PLC; Leonardo Helicopters SPA; AgustaWestland Ltd.
Growth Factors:
- Increasing demand from the electronics industry for thermal compounds/grease to improve heat dissipation and extend component life.
- Growing popularity of miniaturized and high-performance devices, which require better thermal management solutions.
- Proliferation of gaming laptops and other power-hungry devices that generate a lot of heat, boosting demand for thermal compounds/grease.
- Rising awareness about the benefits of using thermal compounds/grease in PCs, laptops, smartphones, and other electronic devices among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Compound/Grease Market Research Report
By Type
Metal based, Ceramic based, Carbon based
By Application
CPU, Others
By Companies
Arctic Silver, ARCTIC COOLING, Grizzly, Noctua, GELID Solutions Ltd., Cooler Master, Generic, Insignia, Thermaltake, Antec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Compound/Grease Market Report Segments:
The global Thermal Compound/Grease market is segmented on the basis of:
Types
Metal based, Ceramic based, Carbon based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
CPU, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arctic Silver
- ARCTIC COOLING
- Grizzly
- Noctua
- GELID Solutions Ltd.
- Cooler Master
- Generic
- Insignia
- Thermaltake
- Antec
Highlights of The Thermal Compound/Grease Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal based
- Ceramic based
- Carbon based
- By Application:
- CPU
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermal Compound/Grease Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermal compound is a type of grease that helps to reduce friction and heat buildup on moving parts. It is also used as a lubricant in many applications.
Some of the key players operating in the thermal compound/grease market are Arctic Silver, ARCTIC COOLING, Grizzly, Noctua, GELID Solutions Ltd., Cooler Master, Generic, Insignia, Thermaltake, Antec.
The thermal compound/grease market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermal Compound/Grease Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thermal Compound/Grease Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal Compound/Grease Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thermal Compound/Grease Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thermal Compound/Grease Market Size & Forecast, 2018-2028
4.5.1 Thermal Compound/Grease Market Size and Y-o-Y Growth
4.5.2 Thermal Compound/Grease Market Absolute $ Opportunity
Chapter 5 Global Thermal Compound/Grease Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Thermal Compound/Grease Market Size Forecast by Type
5.2.1 Metal based
5.2.2 Ceramic based
5.2.3 Carbon based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermal Compound/Grease Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Thermal Compound/Grease Market Size Forecast by Applications
6.2.1 CPU
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Compound/Grease Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thermal Compound/Grease Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Thermal Compound/Grease Analysis and Forecast
9.1 Introduction
9.2 North America Thermal Compound/Grease Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Thermal Compound/Grease Market Size Forecast by Type
9.6.1 Metal based
9.6.2 Ceramic based
9.6.3 Carbon based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Thermal Compound/Grease Market Size Forecast by Applications
9.10.1 CPU
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Thermal Compound/Grease Analysis and Forecast
10.1 Introduction
10.2 Europe Thermal Compound/Grease Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Thermal Compound/Grease Market Size Forecast by Type
10.6.1 Metal based
10.6.2 Ceramic based
10.6.3 Carbon based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Thermal Compound/Grease Market Size Forecast by Applications
10.10.1 CPU
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Thermal Compound/Grease Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermal Compound/Grease Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Thermal Compound/Grease Market Size Forecast by Type
11.6.1 Metal based
11.6.2 Ceramic based
11.6.3 Carbon based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Thermal Compound/Grease Market Size Forecast by Applications
11.10.1 CPU
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Thermal Compound/Grease Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermal Compound/Grease Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Thermal Compound/Grease Market Size Forecast by Type
12.6.1 Metal based
12.6.2 Ceramic based
12.6.3 Carbon based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Thermal Compound/Grease Market Size Forecast by Applications
12.10.1 CPU
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Thermal Compound/Grease Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermal Compound/Grease Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Thermal Compound/Grease Market Size Forecast by Type
13.6.1 Metal based
13.6.2 Ceramic based
13.6.3 Carbon based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Thermal Compound/Grease Market Size Forecast by Applications
13.10.1 CPU
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thermal Compound/Grease Market: Competitive Dashboard
14.2 Global Thermal Compound/Grease Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arctic Silver
14.3.2 ARCTIC COOLING
14.3.3 Grizzly
14.3.4 Noctua
14.3.5 GELID Solutions Ltd.
14.3.6 Cooler Master
14.3.7 Generic
14.3.8 Insignia
14.3.9 Thermaltake
14.3.10 Antec
