Market Overview:
The global thermally conductive elastomers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thermally conductive elastomers from the automotive & transportation, electrical & electronics, and industrial machines sectors. In terms of type, thermal silica gel is expected to lead the market during the forecast period. This can be attributed to its high thermal conductivity and low price as compared to other types of thermally conductive elastomers. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising demand for thermally conductive elastomers from countries such as China and India.
Product Definition:
Thermally conductive elastomers are materials that have been specifically designed to be efficient at transferring heat. They are often used in applications where it is important to keep electronic components or other sensitive equipment cool. By using a thermally conductive elastomer, you can help ensure that your device stays within its safe operating temperature range.
Thermal Silica Gel:
Thermal silica gel is a highly crystalline, non-flammable and colorless solid. It has a structure similar to that of graphite with three layers; the outer layer consists of SiO2 groups in parallel with the basal plane ( planes of oxygen ). The middle layer contains an extensive network made up of hydrogen, carbon and oxygen atoms. The third layer is formed by stacking the two other layers like a sandwich .
Other:
Other is a generic name for the family of chemical compounds, which are generally characterized by low boiling points and high heat dissipation temperatures. Other materials include peroxides, halogenated organic compounds, carbon nanotubes and fullerenes among others.
Application Insights:
Automotive and transportation was the largest application segment in 2017. These products are widely used in automotive interiors to provide heat management for electronic devices, as they efficiently conduct heat away from the device. They are also used extensively in vehicle exteriors to enable better thermal management of sensitive electronic components such as navigation systems, infotainment systems, and HVACs.
The product demand for industrial machines is expected to witness a CAGR of XX% over the forecast period owing to its superior thermal insulation properties that allow manufacturers to reduce machine size without compromising on performance or efficiency. The aforementioned factors are projectededto drive product demand from industrial applications over the coming years.
Regional Analysis:
The Asia Pacific region is expected to witness the highest growth over the forecast period owing to rapid industrialization and increasing per capita income. The growing automotive industry in China, India, Japan, and South Korea is also likely to drive demand for these products in this region. In addition, rising investments by various governments in developing countries such as Indonesia and Malaysia are expected to boost manufacturing activities within the country which will further propel product demand over the next eight years.
Europe accounted for a significant share of global market revenue owing to early adoption of technologically advanced products coupled with stringent regulations aimed at reducing carbon footprint associated with thermal conductivity of materials used during manufacturing processes. Stringent government regulations regarding VOC emissions from elastomers have resulted in declining production volumes since 2013; however it has been observed that manufacturers have started shifting their plants overseas due high cost associated with compliance issues at home country level thus resulting low production volumes globally especially within Europe region from 2014 till present day (2018).
Growth Factors:
- Increasing demand for thermally conductive elastomers from the electronics and automotive industries due to the rise in use of semiconductor devices and electric vehicles, respectively
- Growing awareness about the benefits of using thermally conductive elastomers over traditional materials such as metals and plastics
- Rising R&D spending by leading players to develop innovative products that can meet the specific needs of different end-use industries
- Proliferation of new manufacturing technologies that help reduce production costs and improve product quality
- Growing demand for eco-friendly materials owing to stringent government regulations on environmental protection
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermally Conductive Elastomers Market Research Report
By Type
Thermal Silica Gel, Other
By Application
Automotive & Transportation, Electrical & Electronics, Industrial Machines, Others
By Companies
Wacker, Shin Etsu, Momentive, Saint Gobain, DowDuPont, Specialty Silicone Products, KCC Corporation, Mesgo S.p.A, Wacker
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 Thermally Conductive Elastomers Market Report Segments:
The global Thermally Conductive Elastomers market is segmented on the basis of:
Types
Thermal Silica Gel, Other
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
Automotive & Transportation, Electrical & Electronics, Industrial Machines, 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:
- Wacker
- Shin Etsu
- Momentive
- Saint Gobain
- DowDuPont
- Specialty Silicone Products
- KCC Corporation
- Mesgo S.p.A
- Wacker
Highlights of The Thermally Conductive Elastomers 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:
- Thermal Silica Gel
- Other
- By Application:
- Automotive & Transportation
- Electrical & Electronics
- Industrial Machines
- 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 Thermally Conductive Elastomers 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?
Thermally conductive elastomers are a type of polymer that can be used to create flexible and durable materials. These materials are able to transmit heat quickly and efficiently, which makes them ideal for applications where heat is a concern, such as in medical devices or automotive components.
Some of the major players in the thermally conductive elastomers market are Wacker, Shin Etsu, Momentive, Saint Gobain, DowDuPont, Specialty Silicone Products, KCC Corporation, Mesgo S.p.A, Wacker.
The thermally conductive elastomers 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 Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermally Conductive Elastomers 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 Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size & Forecast, 2018-2028
4.5.1 Thermally Conductive Elastomers Market Size and Y-o-Y Growth
4.5.2 Thermally Conductive Elastomers Market Absolute $ Opportunity
Chapter 5 Global Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size Forecast by Type
5.2.1 Thermal Silica Gel
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size Forecast by Applications
6.2.1 Automotive & Transportation
6.2.2 Electrical & Electronics
6.2.3 Industrial Machines
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermally Conductive Elastomers 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 Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Analysis and Forecast
9.1 Introduction
9.2 North America Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size Forecast by Type
9.6.1 Thermal Silica Gel
9.6.2 Other
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 Thermally Conductive Elastomers Market Size Forecast by Applications
9.10.1 Automotive & Transportation
9.10.2 Electrical & Electronics
9.10.3 Industrial Machines
9.10.4 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 Thermally Conductive Elastomers Analysis and Forecast
10.1 Introduction
10.2 Europe Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size Forecast by Type
10.6.1 Thermal Silica Gel
10.6.2 Other
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 Thermally Conductive Elastomers Market Size Forecast by Applications
10.10.1 Automotive & Transportation
10.10.2 Electrical & Electronics
10.10.3 Industrial Machines
10.10.4 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 Thermally Conductive Elastomers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size Forecast by Type
11.6.1 Thermal Silica Gel
11.6.2 Other
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 Thermally Conductive Elastomers Market Size Forecast by Applications
11.10.1 Automotive & Transportation
11.10.2 Electrical & Electronics
11.10.3 Industrial Machines
11.10.4 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 Thermally Conductive Elastomers Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermally Conductive Elastomers 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 Thermally Conductive Elastomers Market Size Forecast by Type
12.6.1 Thermal Silica Gel
12.6.2 Other
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 Thermally Conductive Elastomers Market Size Forecast by Applications
12.10.1 Automotive & Transportation
12.10.2 Electrical & Electronics
12.10.3 Industrial Machines
12.10.4 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) Thermally Conductive Elastomers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermally Conductive Elastomers 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) Thermally Conductive Elastomers Market Size Forecast by Type
13.6.1 Thermal Silica Gel
13.6.2 Other
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) Thermally Conductive Elastomers Market Size Forecast by Applications
13.10.1 Automotive & Transportation
13.10.2 Electrical & Electronics
13.10.3 Industrial Machines
13.10.4 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 Thermally Conductive Elastomers Market: Competitive Dashboard
14.2 Global Thermally Conductive Elastomers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wacker
14.3.2 Shin Etsu
14.3.3 Momentive
14.3.4 Saint Gobain
14.3.5 DowDuPont
14.3.6 Specialty Silicone Products
14.3.7 KCC Corporation
14.3.8 Mesgo S.p.A
14.3.9 Wacker
