Market Overview:
The global thermal silicone grease market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductor integrated circuits and semiconductor optoelectronic devices. Additionally, the growing demand for thermal silicone grease in Asia Pacific is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, white thermal silicone grease accounted for a major share of the global thermal silicone grease market in 2017 and is expected to maintain its dominance duringthe forecast period as well. This can be attributedto its properties such as low volatility and non-toxicity which make it suitable for use in various applications such as semiconductor integrated circuits and semiconductor optoelectronic devices among others.
Product Definition:
Thermal silicone grease is a substance used to improve the thermal conductivity of an object. It is most commonly used in electronics, where it can be applied to heat sinks and other components in order to improve their ability to dissipate heat. Thermal silicone grease can also be used as a sealant between mating surfaces, or as an adhesive for attaching heatsinks.
White Thermal Silicone Grease:
White thermal silicone grease is a special type of thermal grease which has the property to liquefy at normal room temperature. It provides excellent protection against high temperatures and helps to maintain the efficiency of electronic devices. The major advantage of this product is that it can be used in all types of weather conditions, including cold weather and extreme heat.
Gray Thermal Silicone Grease:
Gray thermal silicone grease is a type of grease that is used in the manufacturing of thermal silicone greases. It has properties such as high viscosity, water resistance, and excellent heat stability. Gray TSIG is manufactured by adding metal deactivators to the raw materials which are then processed to make them water-soluble.
Application Insights:
The market is segmented by application into semiconductor integrated circuits, optoelectronic devices and others. The others segment includes consumer electronics, industrial machinery and equipment, transportation systems and appliances among other mechanical & technological applications. The optoelectronic devices segment dominated the global thermal silicone grease market in 2017 owing to the high demand for LED light sources from various end-use industries such as automotive lighting, display panels and indicators among others.
Semiconductor integrated circuits are expected to be one of the fastest growing segments over the forecast period due to increasing demand for electronic products with enhanced performance capabilities including high speed operation; low power consumption; small size; lightweight; high durability among other characteristics that make them suitable for use in a variety of end-use industries such as mobile phones/smartwatches/tablets computers/laptops gaming consoles etc.
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 region. In addition, rising population coupled with growing consumerism has led to an increase in construction activities, which will drive product demand over the forecast period.
Europe accounted for 26% of global revenue share in 2017 on account of high technological developments and innovation across various industries supported by strong R&D capabilities within Europe. Moreover, high purchasing power parity among European countries will support industry growth over the coming years.
Growth Factors:
- Increasing demand from the automotive and transportation industry for thermal silicone grease as a lubricant and sealant.
- Growing demand for thermal silicone grease in the electrical and electronics industry due to its properties such as dielectric strength, insulation, and resistance to high temperatures.
- Rising popularity of thermal silicone grease in the food processing industry as a non-toxic alternative to traditional lubricants that are harmful when ingested.
- Increasing use of thermal silicone grease in medical devices due to its biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Silicone Grease Market Research Report
By Type
White Thermal Silicone Grease, Gray Thermal Silicone Grease, Black Thermal Silicone Grease
By Application
Semiconductor Integrated Circuits, Semiconductor Optoelectronic Devices, Others
By Companies
CHT Group(ACC Silicones), Avantor(Nusil), Shin-Etsu Chemical, Momentive, Henkel, Aerol Group, Novagard Solutions, Wanhua Chemical, Arctic Cooling, Shenzhen Liyate Technology, CHT Group(ACC Silicones)
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Silicone Grease Market Report Segments:
The global Thermal Silicone Grease market is segmented on the basis of:
Types
White Thermal Silicone Grease, Gray Thermal Silicone Grease, Black Thermal Silicone Grease
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
Semiconductor Integrated Circuits, Semiconductor Optoelectronic Devices, 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:
- CHT Group(ACC Silicones)
- Avantor(Nusil)
- Shin-Etsu Chemical
- Momentive
- Henkel
- Aerol Group
- Novagard Solutions
- Wanhua Chemical
- Arctic Cooling
- Shenzhen Liyate Technology
- CHT Group(ACC Silicones)
Highlights of The Thermal Silicone 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:
- White Thermal Silicone Grease
- Gray Thermal Silicone Grease
- Black Thermal Silicone Grease
- By Application:
- Semiconductor Integrated Circuits
- Semiconductor Optoelectronic Devices
- 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 Silicone 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
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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 silicone grease is a type of lubricant that is made from silicone oil and heat. It is used to reduce friction and improve the performance of mechanical devices, such as gears, bearings, and valves. Thermal silicone grease can also be used to protect metal surfaces from corrosion.
Some of the key players operating in the thermal silicone grease market are CHT Group(ACC Silicones), Avantor(Nusil), Shin-Etsu Chemical, Momentive, Henkel, Aerol Group, Novagard Solutions, Wanhua Chemical, Arctic Cooling, Shenzhen Liyate Technology, CHT Group(ACC Silicones).
The thermal silicone grease market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermal Silicone 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 Silicone Grease Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thermal Silicone 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 Silicone 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 Silicone Grease Market Size & Forecast, 2018-2028 4.5.1 Thermal Silicone Grease Market Size and Y-o-Y Growth 4.5.2 Thermal Silicone Grease Market Absolute $ Opportunity
Chapter 5 Global Thermal Silicone 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 Silicone Grease Market Size Forecast by Type
5.2.1 White Thermal Silicone Grease
5.2.2 Gray Thermal Silicone Grease
5.2.3 Black Thermal Silicone Grease
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermal Silicone 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 Silicone Grease Market Size Forecast by Applications
6.2.1 Semiconductor Integrated Circuits
6.2.2 Semiconductor Optoelectronic Devices
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Silicone 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 Silicone 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 Silicone Grease Analysis and Forecast
9.1 Introduction
9.2 North America Thermal Silicone 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 Silicone Grease Market Size Forecast by Type
9.6.1 White Thermal Silicone Grease
9.6.2 Gray Thermal Silicone Grease
9.6.3 Black Thermal Silicone Grease
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 Silicone Grease Market Size Forecast by Applications
9.10.1 Semiconductor Integrated Circuits
9.10.2 Semiconductor Optoelectronic Devices
9.10.3 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 Silicone Grease Analysis and Forecast
10.1 Introduction
10.2 Europe Thermal Silicone 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 Silicone Grease Market Size Forecast by Type
10.6.1 White Thermal Silicone Grease
10.6.2 Gray Thermal Silicone Grease
10.6.3 Black Thermal Silicone Grease
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 Silicone Grease Market Size Forecast by Applications
10.10.1 Semiconductor Integrated Circuits
10.10.2 Semiconductor Optoelectronic Devices
10.10.3 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 Silicone Grease Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermal Silicone 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 Silicone Grease Market Size Forecast by Type
11.6.1 White Thermal Silicone Grease
11.6.2 Gray Thermal Silicone Grease
11.6.3 Black Thermal Silicone Grease
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 Silicone Grease Market Size Forecast by Applications
11.10.1 Semiconductor Integrated Circuits
11.10.2 Semiconductor Optoelectronic Devices
11.10.3 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 Silicone Grease Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermal Silicone 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 Silicone Grease Market Size Forecast by Type
12.6.1 White Thermal Silicone Grease
12.6.2 Gray Thermal Silicone Grease
12.6.3 Black Thermal Silicone Grease
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 Silicone Grease Market Size Forecast by Applications
12.10.1 Semiconductor Integrated Circuits
12.10.2 Semiconductor Optoelectronic Devices
12.10.3 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 Silicone Grease Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermal Silicone 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 Silicone Grease Market Size Forecast by Type
13.6.1 White Thermal Silicone Grease
13.6.2 Gray Thermal Silicone Grease
13.6.3 Black Thermal Silicone Grease
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 Silicone Grease Market Size Forecast by Applications
13.10.1 Semiconductor Integrated Circuits
13.10.2 Semiconductor Optoelectronic Devices
13.10.3 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 Silicone Grease Market: Competitive Dashboard
14.2 Global Thermal Silicone Grease Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CHT Group(ACC Silicones)
14.3.2 Avantor(Nusil)
14.3.3 Shin-Etsu Chemical
14.3.4 Momentive
14.3.5 Henkel
14.3.6 Aerol Group
14.3.7 Novagard Solutions
14.3.8 Wanhua Chemical
14.3.9 Arctic Cooling
14.3.10 Shenzhen Liyate Technology
14.3.11 CHT Group(ACC Silicones)