Thermal conductive grease is a compound that is typically electrically insulating and thermally conducting, i.e. the heat transfer can occur through such compounds. These are most commonly employed as an interface material between the source of heat and heat sinks. Thermal conductive grease is known by several alternative names such as heat paste, thermal compound, thermal interface material (TIM), heat sink compound, thermal paste, or thermal gel. The basic function of thermal conductive grease is to remove air spaces or gaps from the interface area, which play the role of thermal insulators, and facilitate maximize heat transfer.
This report contains market size and forecasts of Thermal Conductive Grease in global, including the following market information:
Global Thermal Conductive Grease Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Thermal Conductive Grease Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Thermal Conductive Grease companies in 2021 (%)
The global Thermal Conductive Grease market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Silicone-based Grease Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Thermal Conductive Grease include 3M, Dow Corning Corporation, Parker Hannifin Corp, Laird Technologies, ACC Silicones Ltd, LORD Corporation, Wacker Chemie AG and PolySi Technologies Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Thermal Conductive Grease manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermal Conductive Grease Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Thermal Conductive Grease Market Segment Percentages, by Type, 2021 (%)
Silicone-based Grease
Non-silicone-based Grease
Global Thermal Conductive Grease Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Thermal Conductive Grease Market Segment Percentages, by Application, 2021 (%)
Automotive
Electricals & Electronics
Energy & Power
Telecommunications & IT
Others
Global Thermal Conductive Grease Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Thermal Conductive Grease Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermal Conductive Grease revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Thermal Conductive Grease revenues share in global market, 2021 (%)
Key companies Thermal Conductive Grease sales in global market, 2017-2022 (Estimated), (MT)
Key companies Thermal Conductive Grease sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
3M
Dow Corning Corporation
Parker Hannifin Corp
Laird Technologies
ACC Silicones Ltd
LORD Corporation
Wacker Chemie AG
PolySi Technologies Inc.