Electronic Thermal Management Materials Market Growth Analysis | 2021-2026

Market Insights

The electronic thermal management materials market size was estimated at USD XX million in 2020 and is likely to grow at a CAGR of 9.0% during 2021-2026 to reach USD XX million in 2026.

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What is electronic thermal management materials?

Electronic thermal management materials are basically used between various substrates for effective heat dissipation within the electronic devices and they make sure that the electronic device is giving its optimum performance and reducing contact resistance.

Market Dynamics

Major factors such as globally increasing demand for consumer electronics and surge in penetration of electronics devices across various end-user industries, such as healthcare and automotive among others are expected to drive the growth of the market over the forecast period.

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Segment Analysis

By Product Type

The market is segmented as conductive paste, conductive tapes, phase change materials, gap fillers, thermal grease, and others. Conductive paste held the largest share of the market in 2020.  These pastes help to minimize the dependency on screws and clips for electronic devices, making the product lightweight which is the reason behind the shifting inclination of manufacturers towards conductive pastes.

By End-User Industry Type

The market is segmented as consumer electronics, automotive, aerospace, healthcare, telecom, and others. Consumer electronics is projected to capture the largest share of the market during the forecast period owing to wide utilization of electronic thermal management materials in the consumer electronics sector as they offer effective thermal management and heat dissipation features. In addition, electronic thermal management materials are also used in the automotive and telecommunication sectors, thus fueling the market growth over the forecast period.

Regional Analysis

Asia-Pacific is estimated to be the leading region in the market owing to the presence of major electronics manufacturers in the region during the forecast period. Factors such as inspiring government schemes especially in India such as ‘Digital India’ and 100% FDI has led to an increase in growth of the electronics manufacturing sector, boosting the regional market during the forecast period. Moreover, presence of large manufacturing infrastructure along with growing demand for electronics is expected to fuel the electronic thermal management materials market growth over the forecast period. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

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Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The electronic thermal management materials market is segmented into the following categories:

By Product Type:

• Conductive Paste
• Conductive Tapes
• Phase Change Materials
  • (Product Type Analysis: Paraffin, Salt Hydrate, and Others)
• Gap Fillers
• Thermal Grease

By End-User Industry Type:

• Consumer Electronics
• Automotive
• Aerospace
• Healthcare
• Telecom
• Others

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Some of the key players in the electronic thermal management materials market are-

• Boyd Corporation
• DuPont
• European Thermodynamics Ltd.
• Henkel AG & Company
• Honeywell International Inc.
• Laird plc
• Lord Corporation
• Parker Chomerics
• The 3M Company
• Wacker AG.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Report Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation by any one of the product types by end-user industry type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.