Thermally Conductive Grease Market, by Type (Silicone Grease, Non-silicone Grease), End-use Industry (LED Lighting, Telecommunication & IT, Automotive Electronics, Power Electronics, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Thermally conductive grease is a low-cost grease used by various industries like electronics, automotive electronics, telecommunication, LED lighting, and so on, to protect the devices and equipment from external high temperature changes and damage. Greases are highly cost-effective and are capable of tolerating high temperatures.
When used in electronic devices, the grease helps to reduce energy consumption…energy efficiency . The increasing need for energy conservation is majorly driving the market growth during the forecasted period.
This report studies the current and future aspects of the thermally conductive grease market.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opt…rket players.ers. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the thermally conductive grease market. The scope of this report covers the thermally conductive grease market by its major segments, which include the types, applications, and the major geographic regions.
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The global thermally conductive grease market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of the thermally conductive grease market.
The region continues to dominate the global market during the forecasted period because of government initiatives like putting a ban on CFL bulbs to reduce electricity expenses. Government is encouraging power conservation by promoting the usage of LED lighting, which is contributing towards the growth of the thermally conductive grease market.
This report analyzes the thermally conductive grease market by the following segments:
- 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
KEY MARKET PLAYERS
Key players in the thermally conductive grease market include:
- DOW Corning Corporation
- Henkel AG & Co. KGaA
- 3M Company
- Momentive Performance Materials Inc.
- Parker Hannifin Corporation
- Wacker Chemie AG
- Laird PLC.
- Shin-Etsu MicroSi, Inc.
- Lord Corporation
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