Market Overview:
The global thermally conductive 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 thermally conductive grease in microprocessors, circuit boards, and other applications. Additionally, the growing demand for miniaturization of electronic devices is also contributing to the growth of this market. Based on type, silver-based thermally conductive greases are expected to account for the largest share of the global thermally conductive grease market during the forecast period. This can be attributed to their high thermal conductivity and low electrical resistivity as compared with other types of thermally conductive greases.
Product Definition:
Thermally conductive grease is a material used to improve the thermal conductivity of an object. It is typically applied to heat sinks, microprocessors, and other electronic components in order to help dissipate heat and keep them cool.
Silver Based:
The global silver based, it's usage and growth factor in the thermally conductive grease market size was valued at USD 5.0 billion in 2016. The growing demand for thermal greases from various end-use industries such as automotive, aerospace & defense and electrical & electronics is expected to drive the market over the forecast period.
Thermal greases are widely used by manufacturers of semiconductors, printed circuit boards (PCB), electronic components.
Copper Based:
Copper-based greases are used in applications that require thermal conductivity. These products find application in various end-use industries such as construction, automotive and electrical & electronics. The growth of these industries is expected to drive the demand for copper based grease over the forecast period.
Thermally conductive grease is a type of lubricant which helps heat transfer more effectively between two objects or surfaces when they are in contact with each other.
Application Insights:
The microprocessor application segment led the global thermally conductive grease market in 2017 and is projected to witness significant growth over the forecast period. The growing demand for microprocessors from various end-use industries including telecommunication, computing, automotive and medical is expected to drive the product demand over the forecast period.
Thermally conductive greases are used in circuit boards as they provide low thermal resistance between two dissimilar metals which leads to high heat flow between them. They are also used as insulators in printed circuit boards that have a temperature above glass transition temperature of copper or aluminum based alloys. These products help reduce electrical resistivity resulting in high heat transfer rate across PCBs thus improving overall efficiency of electronic devices manufactured using these components.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to rapid industrialization, increasing foreign investments in semiconductor industry, and favorable government policies for microelectronics manufacturing. China is projected to dominate this region owing to its large population base, low labor costs, advanced technology development capabilities coupled with a huge domestic demand for electronic products.
The U.S., Germany are also anticipated to witness significant growth over the coming years on account of rising demand from automobile manufacturers as well as aerospace & defense industries operating within these countries.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for thermal management solutions is expected to drive the growth of thermally conductive grease market.
- Growing demand for LED lighting is also anticipated to boost the market growth in near future.
- Rising adoption of thermally conductive grease in automotive sector for heat dissipation is another key factor that would fuel the demand over next few years.
- Increasing application scope of thermally conductive grease in various end-use industries including medical, aerospace, and defense is likely to create new opportunities for this market in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermally Conductive Grease Market Research Report
By Type
Silver Based, Copper Based, Aluminum Based
By Application
Microprocessor, Circuit Board, Other
By Companies
3M, Dow Corning, Parker Chomerics, Laird Technologies, Sekisui Chemical, Thermo Electra, Kyocera, Acrolab, AG TermoPasty, MTC, LORD Corp, RESOL
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Thermally Conductive Grease Market Report Segments:
The global Thermally Conductive Grease market is segmented on the basis of:
Types
Silver Based, Copper Based, Aluminum 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
Microprocessor, Circuit Board, Other
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:
- 3M
- Dow Corning
- Parker Chomerics
- Laird Technologies
- Sekisui Chemical
- Thermo Electra
- Kyocera
- Acrolab
- AG TermoPasty
- MTC
- LORD Corp
- RESOL
Highlights of The Thermally Conductive 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:
- Silver Based
- Copper Based
- Aluminum Based
- By Application:
- Microprocessor
- Circuit Board
- Other
- 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 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?
Thermally conductive grease is a type of lubricant that allows metal to move freely over one another without the need for a traditional joint. This type of grease is often used in industrial applications, as it helps reduce friction and improve performance.
Some of the major players in the thermally conductive grease market are 3M, Dow Corning, Parker Chomerics, Laird Technologies, Sekisui Chemical, Thermo Electra, Kyocera, Acrolab, AG TermoPasty, MTC, LORD Corp, RESOL.
The thermally conductive grease market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermally Conductive Grease Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermally Conductive Grease Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermally Conductive Grease Market - Supply Chain
4.5. Global Thermally Conductive Grease Market Forecast
4.5.1. Thermally Conductive Grease Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermally Conductive Grease Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermally Conductive Grease Market Absolute $ Opportunity
5. Global Thermally Conductive Grease Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermally Conductive Grease Market Size and Volume Forecast by Type
5.3.1. Silver Based
5.3.2. Copper Based
5.3.3. Aluminum Based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermally Conductive Grease Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermally Conductive Grease Market Size and Volume Forecast by Application
6.3.1. Microprocessor
6.3.2. Circuit Board
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermally Conductive Grease Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermally Conductive Grease Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermally Conductive Grease Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermally Conductive Grease Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermally Conductive Grease Demand Share Forecast, 2019-2026
9. North America Thermally Conductive Grease Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermally Conductive Grease Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermally Conductive Grease Market Size and Volume Forecast by Application
9.4.1. Microprocessor
9.4.2. Circuit Board
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermally Conductive Grease Market Size and Volume Forecast by Type
9.7.1. Silver Based
9.7.2. Copper Based
9.7.3. Aluminum Based
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermally Conductive Grease Demand Share Forecast, 2019-2026
10. Latin America Thermally Conductive Grease Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermally Conductive Grease Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermally Conductive Grease Market Size and Volume Forecast by Application
10.4.1. Microprocessor
10.4.2. Circuit Board
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermally Conductive Grease Market Size and Volume Forecast by Type
10.7.1. Silver Based
10.7.2. Copper Based
10.7.3. Aluminum Based
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermally Conductive Grease Demand Share Forecast, 2019-2026
11. Europe Thermally Conductive Grease Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermally Conductive Grease Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermally Conductive Grease Market Size and Volume Forecast by Application
11.4.1. Microprocessor
11.4.2. Circuit Board
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermally Conductive Grease Market Size and Volume Forecast by Type
11.7.1. Silver Based
11.7.2. Copper Based
11.7.3. Aluminum Based
11.8. Basis Pint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermally Conductive Grease Demand Share, 2019-2026
12. Asia Pacific Thermally Conductive Grease Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermally Conductive Grease Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermally Conductive Grease Market Size and Volume Forecast by Application
12.4.1. Microprocessor
12.4.2. Circuit Board
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermally Conductive Grease Market Size and Volume Forecast by Type
12.7.1. Silver Based
12.7.2. Copper Based
12.7.3. Aluminum Based
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermally Conductive Grease Demand Share, 2019-2026
13. Middle East & Africa Thermally Conductive Grease Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermally Conductive Grease Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermally Conductive Grease Market Size and Volume Forecast by Application
13.4.1. Microprocessor
13.4.2. Circuit Board
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermally Conductive Grease Market Size and Volume Forecast by Type
13.7.1. Silver Based
13.7.2. Copper Based
13.7.3. Aluminum Based
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermally Conductive Grease Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermally Conductive Grease Market: Market Share Analysis
14.2. Thermally Conductive Grease Distributors and Customers
14.3. Thermally Conductive Grease Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dow Corning
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Parker Chomerics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Laird Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sekisui Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thermo Electra
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kyocera
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Acrolab
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AG TermoPasty
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MTC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LORD Corp
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RESOL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
