Thermally Conductive Grease Market

Thermally Conductive Grease Market by Type (Silicone Grease, and Non-silicone Grease), End-Use Industry (LED Lighting, Telecommunication & IT, Automotive Electronics, Power Electronics), and Region - Global Forecast to 2022

Report Code: CH 5500 Aug, 2017, by marketsandmarkets.com

[147 Pages Report] Thermally Conductive Grease Market was valued at USD 273.0 Million in 2016 and is projected to reach USD 416.6 Million by 2022, at a CAGR of 7.3% from 2017 to 2022. In this study, 2016 has been considered as the base year and 2017 to 2022 as the forecast period for estimating the market size for thermally conductive grease.

Objectives of the Study

  • To estimate and forecast the size of the thermally conductive grease market, in terms of value and volume
  • To define and segment the market for thermally conductive grease on the basis of type, end-use industry, and region
  • To analyze significant region-specific trends of the market in North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • To estimate and forecast the thermally conductive grease market at country-level in each of the above-mentioned regions
  • To identify and analyze the key drivers, restraints, challenges, and opportunities influencing the thermally conductive grease market
  • To strategically identify and profile the key players in the thermally conductive grease market and analyze their core competencies in each formulation and end-use industry
  • To analyze the market opportunities and competitive landscape of the market
  • To analyze recent market developments and competitive strategies, such as expansions, new product launches, agreements, and mergers & acquisitions in the market for thermally conductive grease.

This research study involves extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg, BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the thermally conductive grease market. The primary sources are mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to different segments of the industry’s supply chain. The bottom-up approach has been used to estimate the size of thermally conductive grease market on the basis of type, end-use industry, and region in terms of volume and value. The top-down approach has been implemented to validate the market size in terms of volume and value. With the data triangulation procedure and validation of the data through primary interviews, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

Thermally Conductive Grease Market

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Major Players

The thermally conductive grease market is led by major players, such as Dow Corning Corporation (US), Electrolube (UK), Momentive Performance Materials Inc. (US), Laird PLC (US), 3M Company (US), Parker-Hannifin Corporation (US), LORD Corporation (US), Wacker Chemie AG (Germany), and Henkel AG & Co. KGaA (Germany). These key players have adopted various organic and inorganic strategies to maintain their shares in the thermally conductive grease market. These players are also focusing on the development of advanced thermally conductive greases.

Target Audience:

  • Manufacturers of Thermally Conductive Grease
  • Traders, Distributors, and Suppliers of Thermally Conductive Grease
  • End-use Market Participants of Different Segments of the Thermally Conductive Grease Market
  • Government and Research Organizations
  • Associations and Industrial Bodies
  • Research and Consulting Firms
  • R&D Institutions
  • Environment Support Agencies
  • Investment Banks and Private Equity Firms

“This study answers several questions for the stakeholders, primarily which market segments they need to focus upon in the next two to five years to prioritize their efforts and investments.”

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Scope of the Report

:

This research report categorizes the thermally conductive grease market on the basis of the type, end-use industry, and region. It forecasts revenue growth and analyzes the trends in each of the submarkets.

Thermally Conductive Grease Market, By Type:

  • Silicone Grease
  • Non-Silicone Grease

Thermally Conductive Grease Market, By End-use Industry:

  • LED Lighting
  • Automotive Electronics
  • Power Electronics
  • Telecommunication & IT
  • Others

Thermally Conductive Grease Market, By Region:

Asia Pacific

  • China
  • India
  • Japan
  • Taiwan
  • South Korea
  • Rest of Asia Pacific

North America

  • US
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • Belgium
  • Spain
  • Italy
  • Hungary
  • Austria
  • Rest of Europe

South America

  • Brazil
  • Argentina
  • Rest of South America

Middle East & Africa

  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

These segments are further described in detail with their subsegments in the report. The value and volume forecasts for these segments and subsegments have also been provided till 2022.

Available Customizations: The following customization options are available in the report:

  1. Company Information

Analysis and profiles of additional global as well as regional market players (up to three).

 

The thermally conductive grease market is projected to reach USD 416.6 Million by 2022, at a CAGR of 7.3% from 2017 to 2022. With the growing LED lighting industry across the globe, the demand for thermally conductive grease is expected to increase as electronic device manufacturers are opting for these greases to protect their electronic devices from overheating and damage. The demand of thermally conductive grease is further driven by the demand from the growing electronics & electrical industry.

Silicone greases are the most widely used type of the thermally conductive greases. Silicone greases are cost-effective. They are capable of withstanding higher temperatures and fit in smaller gaps. Due to these properties, silicone greases are preferred in various end-use industries, such as LED lighting, power electronics, automotive electronics, telecommunication & IT, and others.

The LED lighting end-use industry segment of the thermally conductive grease market is projected to grow at the highest CAGR from 2017 to 2022. The growth of the LED lighting end-use industry segment can be attributed to the increasing demand for thermally conductive grease. Factors such as government initiatives are driving the demand for LED lighting for energy consumption and energy efficiency.

The Asia Pacific region is the global forerunner in the market in terms of both value as well as volume, and this trend is expected to continue till 2022. Factors, such as ban on CFL lighting, increasing need for energy conservation, and need for reducing electricity expense are expected to contribute towards the growth of the LED lighting industry of the region. This, in turn, is expected to drive the growth of the Asia Pacific market for thermally conductive grease during the forecast period.

Thermally Conductive Grease Market

Though the market is growing at a fast pace across the globe, there are a few factors that are expected to hamper its growth between 2017 and 2022. These factors include the physical properties of greases that may limit its use and the development of elastomeric pads.

Dow Corning Corporation (US), Electrolube (UK), Momentive Performance Materials Inc. (US), Laird PLC (US), 3M Company (US), Parker-Hannifin Corporation (US), LORD Corporation (US), Wacker Chemie AG (Germany), and Henkel AG & Co. KGaA (Germany) are the leading players in the thermally conductive grease market. These companies have adopted various organic and inorganic growth strategies, such as expansions, mergers & acquisitions, collaborations/partnerships/agreements, and new product launches to enhance their shares in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

 

 

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in Thermally Conductive Grease Market
    4.2 Thermally Conductive Grease Market, By End-Use Industry
    4.3 Thermally Conductive Grease Market in Asia-Pacific, By End-Use Industry and Country, 2016
    4.4 Thermally Conductive Grease Market, Emerging vs Mature Markets
    4.5 Thermally Conductive Grease Market, By Type

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Miniaturization of Electronic Devices
           5.2.2 Restraints
                    5.2.2.1 Physical Properties Limiting the Growth of Thermally Conductive Grease
           5.2.3 Opportunities
                    5.2.3.1 Electrification of Transportation Industry
           5.2.4 Challenges
                    5.2.4.1 Development of Elastomeric Pads
    5.3 Porter’s Five Forces Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2 Threat of New Entrants
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
           5.4.1 Trends and Forecast of Gdp
           5.4.2 Trends and Sales of Automotive Industry

6 Thermally Conductive Grease Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Silicone Grease
    6.3 Non-Silicone Grease

7 Thermally Conductive Grease Market, By End-Use Industry (Page No. - 45)
    7.1 Introduction
    7.2 LED Lighting
    7.3 Automotive Electronics
    7.4 Telecommunication & It
    7.5 Power Electronics
    7.6 Others

8 Thermally Conductive Grease Market, By Region (Page No. - 52)
    8.1 Introduction
    8.2 Asia-Pacific
           8.2.1 China
           8.2.2 Japan
           8.2.3 Taiwan
           8.2.4 India
           8.2.5 South Korea
           8.2.6 Rest of Asia-Pacific
    8.3 North America
           8.3.1 U.S.
           8.3.2 Canada
           8.3.3 Mexico
    8.4 Europe
           8.4.1 Germany
           8.4.2 France
           8.4.3 Spain
           8.4.4 Belgium
           8.4.5 Italy
           8.4.6 Austria
           8.4.7 Hungary
           8.4.8 Rest of Europe
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa
           8.6.1 Saudi Arabia
           8.6.2 UAE
           8.6.3 Rest of Middle East & Africa

9 Competitive Landscape (Page No. - 100)
    9.1 Introduction
    9.2 Competitive Leadership Mapping
           9.2.1 Visionary Leaders
           9.2.2 Innovators
           9.2.3 Dynamic Differentiators
           9.2.4 Emerging Companies
    9.3 Competitive Benchmarking
           9.3.1 Strength of Product Portfolio (25 Players)
           9.3.2 Business Strategy Excellence (25 Players)
    9.4 Market Ranking

10 Company Profiles (Page No. - 106)
(Overview, Strength of Product Portfolio , Business Strategy Excellence , Products Offering, Recent Development’s, Business Strategy)*
     10.1 DOW  Corning Corporation
     10.2 Electrolube
     10.3 Henkel AG & Co. KGaA
     10.4 3M Company
     10.5 Momentive Performance Materials Inc.
     10.6 Parker Hannifin Corporation
     10.7 Wacker Chemie AG
     10.8 Laird PLC.
     10.9 Shin-Etsu MicroSi, Inc.
     10.10 Lord Corporation

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, Recent Development’s, Business Strategy Might Not Be Captured in Case of Unlisted Companies.

11 Additional Company Profiles (Page No. - 134)
     11.1 ACC Silicones
     11.2 AOS Thermal Compounds
     11.3 OMEGA Engineering Inc.
     11.4 Polymatech Japan Co., Ltd.
     11.5 Intertronics
     11.6 Nusil Technology LLC
     11.7 Microtech Components GmbH
     11.8 Aremco Products Inc.
     11.9 M.G. Chemicals
     11.10 Novagard Solutions Inc.
     11.11 E.I. Dupont De Nemours & Co.
     11.12 Kerafol Keramische Folien GmbH
     11.13 Fujipoly
     11.14 Wakefield-Vette, Inc.
     11.15 Zalman Tech Co., Ltd.

12 Appendix (Page No. - 138)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (110 Tables)

Table 1 Trends and Forecast of Gdp, 2016–2022 (USD Billion)
Table 2 Sales of Automotive, 2015 vs 2016 (USD Million)
Table 3 Thermally Conductive Grease Market Size, By Type, 2015–2022 (USD Million)
Table 4 Thermally Conductive Grease Market Size, By Type, 2015–2022 (Kiloton)
Table 5 Silicone Grease Market Size, By Region, 2015–2022 (USD Million)
Table 6 Silicone Grease Market Size, By Region, 2015–2022 (Kiloton)
Table 7 Non-Silicone Grease Market Size, By Region, 2015–2022 (USD Million)
Table 8 Non-Silicone Grease Market Size, By Region, 2015–2022 (Kiloton)
Table 9 Thermally Conductive Grease Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 10 Market Size in LED Lighting, By Region, 2015–2022 (USD Million)
Table 11 Market Size in Automotive Electronics, By Region, 2015–2022 (USD Million)
Table 12 Market Size in Telecommunication & It, By Region, 2015–2022 (USD Million)
Table 13 Market Size in Power Electronics, By Region, 2015–2022 (USD Million)
Table 14 Market Size in Other End-Use Industries, By Region, 2015–2022 (USD Million)
Table 15 Market Size, By Region, 2015–2022 (USD Million)
Table 16 Market Size, By Region, 2015–2022 (Kiloton)
Table 17 Asia-Pacific: By Market Size, 2015–2022 (USD Million)
Table 18 Asia-Pacific: Market Size, 2015–2022 (Kiloton)
Table 19 Asia-Pacific: Market Size, By Type, 2015–2022 (USD Million)
Table 20 Asia-Pacific: Market Size, By Type, 2015–2022 (Kiloton)
Table 21 Asia-Pacific: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 22 China: By Market Size, By Type, 2015–2022 (USD Million)
Table 23 China: Market Size, By Type, 2015–2022 (Ton)
Table 24 China: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 25 Japan: By Market Size, By Type, 2015–2022 (USD Million)
Table 26 Japan: Market Size, By Type, 2015–2022 (Ton)
Table 27 Japan: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 28 Taiwan: By Market Size, By Type, 2015–2022 (USD Million)
Table 29 Taiwan: Market Size, By Type, 2015–2022 (Ton)
Table 30 Taiwan: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 31 India: By Market Size, By Type, 2015–2022 (USD Million)
Table 32 India: Market Size, By Type, 2015–2022 (Ton)
Table 33 India: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 34 South Korea: By Market Size, By Type, 2015–2022 (USD Million)
Table 35 South Korea: Market Size, By Type, 2015–2022 (Ton)
Table 36 South Korea: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 37 Rest of Asia-Pacific: By Market Size, By Type, 2015–2022 (USD Million)
Table 38 Rest of Asia-Pacific: Market Size, By Type, 2015–2022 (Ton)
Table 39 Rest of Asia-Pacific: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 40 North America: By Market Size, By Country, 2015–2022 (USD Million)
Table 41 North America: Market Size, By Country, 2015–2022 (Kiloton)
Table 42 North America: Market Size, By Type, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Type, 2015–2022 (Kiloton)
Table 44 North America: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 45 U.S.: By Market Size, By Type, 2015–2022 (USD Million)
Table 46 U.S.: Market Size, By Type, 2015–2022 (Ton)
Table 47 U.S.: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 48 Canada: By Market Size, By Type, 2015–2022 (USD Million)
Table 49 Canada: Market Size, By Type, 2015–2022 (Ton)
Table 50 Canada: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 51 Mexico: By Market Size, By Type, 2015–2022 (USD Million)
Table 52 Mexico: Market Size, By Type, 2015–2022 (Ton)
Table 53 Mexico: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 54 Europe: By Market Size, By Country, 2015–2022 (USD Million)
Table 55 Europe: Market Size, By Country, 2015–2022 (Kiloton)
Table 56 Europe: Market Size, By Type, 2015–2022 (USD Million)
Table 57 Europe: Market Size, By Type, 2015–2022 (Kiloton)
Table 58 Europe: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 59 Germany: By Market Size, By Type, 2015–2022 (USD Million)
Table 60 Germany: Market Size, By Type, 2015–2022 (Ton)
Table 61 Germany: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 62 France: By Market Size, By Type, 2015–2022 (USD Million)
Table 63 France: Market Size, By Type, 2015–2022 (Ton)
Table 64 France: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 65 Spain: By Market Size, By Type, 2015–2022 (USD Million)
Table 66 Spain: Market Size, By Type, 2015–2022 (Ton)
Table 67 Spain: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 68 Belgium: By Market Size, By Type, 2015–2022 (USD Million)
Table 69 Belgium: Market Size, By Type, 2015–2022 (Ton)
Table 70 Belgium: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 71 Italy: By Market Size, By Type, 2015–2022 (USD Million)
Table 72 Italy: Market Size, By Type, 2015–2022 (Ton)
Table 73 Italy: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 74 Austria: By Market Size, By Type, 2015–2022 (USD Million)
Table 75 Austria: Market Size, By Type, 2015–2022 (Ton)
Table 76 Austria: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 77 Hungary: By  Market Size, By Type, 2015–2022 (USD Million)
Table 78 Hungary: Market Size, By Type, 2015–2022 (Ton)
Table 79 Hungary: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 80 Rest of Europe: By Market Size, By Type, 2015–2022 (USD Million)
Table 81 Rest of Europe: Market Size, By Type, 2015–2022 (Ton)
Table 82 Rest of Europe: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 83 South America: By Market Size, By Country, 2015–2022 (USD Million)
Table 84 South America: Market Size, By Country, 2015–2022 (Kiloton)
Table 85 South America: Market Size, By Type, 2015–2022 (USD Million)
Table 86 South America: Market Size, By Type, 2015–2022 (Kiloton)
Table 87 South America: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 88 Brazil: By Market Size, By Type, 2015–2022 (USD Million)
Table 89 Brazil: Market Size, By Type, 2015–2022 (Ton)
Table 90 Brazil: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 91 Argentina: By Market Size, By Type, 2015–2022 (USD Million)
Table 92 Argentina: Market Size, By Type, 2015–2022 (Ton)
Table 93 Argentina: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 94 Rest of South America: By Market Size, By Type, 2015–2022 (USD Million)
Table 95 Rest of South America: Market Size, By Type, 2015–2022 (Ton)
Table 96 Rest of South America: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 97 Middle East & Africa: By Market Size, By Country, 2015–2022 (USD Million)
Table 98 Middle East & Africa: Market Size, By Country, 2015–2022 (Kiloton)
Table 99 Middle East & Africa: Market Size, By Type, 2015–2022 (USD Million)
Table 100 Middle East & Africa: Market Size, By Type, 2015–2022 (Kiloton)
Table 101 Middle East & Africa: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 102 Saudi Arabia: By Market Size, By Type, 2015–2022 (USD Million)
Table 103 Saudi Arabia: Market Size, By Type, 2015–2022 (Ton)
Table 104 Saudi Arabia: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 105 UAE: By Market Size, By Type, 2015–2022 (USD Million)
Table 106 UAE: Market Size, By Type, 2015–2022 (Ton)
Table 107 UAE: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 108 Rest of Middle East & Africa: By Market Size, By Type, 2015–2022 (USD Million)
Table 109 Rest of Middle East & Africa: Market Size, By Type, 2015–2022 (Ton)
Table 110 Rest of Middle East & Africa: Market Size, By End-Use Industry, 2015–2022 (USD Million)
 
 
List of Figures (33 Figures)
 
Figure 1 Thermally Conductive Grease: Market Segmentation
Figure 2 Thermally Conductive Grease Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Market Size Estimation: Bottom-Up Approach
Figure 6 Thermally Conductive Grease Market: Data Triangulation
Figure 7 Silicone Grease to Be the Largest Segment of Thermally Conductive Grease Market
Figure 8 LED Lighting End-Use Industry to Dominate Thermally Conductive Grease Market During the Forecast Period
Figure 9 Asia-Pacific Was the Largest Thermally Conductive Grease Market in 2016
Figure 10 Thermally Conductive Grease Market Size, 2017–2022 (Kiloton)
Figure 11 LED Lighting to Be the Fastest-Growing End-Use Industry During the Forecast Period
Figure 12 LED Lighting Was the Largest End-Use Industry of Thermally Conductive Grease in Asia-Pacific
Figure 13 China is the Largest Thermally Conductive Grease Market in 2017
Figure 14 Silicone Grease to Witness the Fastest Growth Between 2017 and 2022
Figure 15 Drivers, Restraints, Opportunities, and Challenges in Thermally Conductive Grease Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 U.S. Registered The.Highest GDP in 2016
Figure 18 Silicone Grease to Drive Thermally Conductive Grease Market During the Forecast Period
Figure 19 LED Lighting End-Use Industry to Dominate Thermally Conductive Grease Market During the Forecast Period
Figure 20 Global Snapshot: Asia-Pacific to Register the Highest Growth Between 2017 and 2022
Figure 21 Asia-Pacific Market Snapshot: China to Lead the Thermally Conductive Grease Market
Figure 22 North America Market Snapshot: U.S. to Lead Thermally Conductive Grease Market
Figure 23 Europe Market Snapshot: Germany to Lead the Thermally Conductive Grease Market in Europe
Figure 24 South America Market Snapshot: Brazil to Lead Thermally Conductive Grease Market
Figure 25 Middle East & Africa Market Snapshot, 2017–2022
Figure 26 Thermally Conductive Grease Market, Competitive Leadership Mapping, 2016
Figure 27 Ranking of Key Market Players, 2016
Figure 28 Henkel AG & Co. KGaA: Company Snapshot
Figure 29 3M Company: Company Snapshot
Figure 30 Momentive Performance Materials Inc.: Company Snapshot
Figure 31 Parker Hannifin Corporation: Company Snapshot
Figure 32 Wacker Chemie AG : Company Snapshot
Figure 33 Laird PLC.: Company Snapshot 


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