Conductive Grease Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2022
Conductive grease is a material that is applied between the surfaces to reduce the friction without loss or restrictions of energy transfer. It helps the flow of electrical or thermal energy, and provides cost benefits to the overall mechanism. The material is majorly used by electrical & electronic industry, where it helps to manage complete heat and electrical management solutions. Thermal conductive grease and electrical conductive grease are the two key types of conductive grease, where thermal conductivity has the advantage of being utilized more which is increasing its market value. Conductive grease is a part of the energy saving materials, owing to its ability to facilitate heat transfer with minimum or no loss.
Currently, with the advantages of having a bigger market for electrical & electronics, such as China, Philippines etc., Asia Pacific is the global leader in the conductive grease market. Big manufacturing units are having most of the consumption and increasing Asia Pacific’s lead in the global market. North America is another prominent market for conductive grease having the advantage of being the leader in various electronic solutions and healthcare devices. Europe followed North America to be termed as the third largest market for conductive grease, as it is the leader in the transportation industry. Rapidly changing consumer demands and high consumer spending in North America and Europe are expected to boost the market of conductive grease. Two developed regions of North America and Europe collectively account for around half of the global market, however, the share is expected to decline due to the high growth in developing countries. Middle East & African countries show a high growth rate during the forecast period due to the increasing industrialization. Globally, the demand for conductive grease is growing consistently, especially in Asia Pacific and North America.
Thermal conductive grease is highly dominating the market at both the global and regional level, owing to the high adoption rate and easy installation. Other than thermal, the other form of conductive grease is electrical conductive grease which is also increasing its market during the forecast period with a high adoption coming from the technological and product level innovations.
The study of the global conductive grease market provides market size information and market trends along with the factors and parameters impacting the market in both short- and long-term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for future business. In addition, the study helps venture capitalists in understanding the companies better and take informed decisions.
According to Infoholic Research, the global conductive grease market is expected to grow at a CAGR of 9.5% during the forecast period to reach $809.0 million by 2022. The thermal conductive grease is expected to maintain global dominance, which is driven by China and India. Asia Pacific is expected to contribute the highest toward the global conductive grease market. Some of the key players in conductive grease is Dow Corning, Honeywell Corporation, Momentive Performance Materials, Wacker Chemie AG, and Parker Hannifin.
Report Scope:
• Type
o Thermal Conductive Grease
o Electrical Conductive Grease
• End-user
o Electrical & Electronics
o Telecommunications
o Transportation
o Others
• Regions
o Asia Pacific
o North America
o Europe
o Rest of the World
• Industry outlook: Market trends, drivers, restraints, and opportunities
Table of Contents
1 Report Outline 11
1.1 Introduction 11
1.2 Report Scope 11
1.3 Market Definition 11
1.4 Research Methodology 12
1.4.1 Data Collation & In-house Estimation 12
1.4.2 Market Triangulation 13
1.4.3 Forecasting 13
1.5 Study Declaration 14
1.6 Report Assumptions 14
1.7 Stakeholders 14
2 Executive Summary 15
2.1 Large domestic demand and homegrown supply capabilities helping China to strengthen its market share 15
2.2 Growing Lightening and advance electronic solution demand boosting the consumption of conductive grease in Asia Pacific 15
3 Market Positioning 17
3.1 Total Addressable Market (TAM): Conductive Interface Materials 17
3.1.1 Market Overview 17
3.1.2 Major Trends 17
3.2 Segmented Addressable Market 18
3.3 Related Markets 18
4 Market Outlook 19
4.1 Overview 19
4.2 Value Chain Analysis 19
4.3 PESTLE 21
4.4 Porter 5 (Five) Forces 23
4.5 Patent Analysis 24
5 Market Characteristics 26
5.1 Market Segmentation 26
5.2 Market Dynamics 27
5.2.1 Drivers 27
5.2.1.1 Increasing requirement for the advanced heat sensitive components 27
5.2.1.2 Resurgence in manufacturing and industrial activity 28
5.2.2 Restraints 28
5.2.2.1 Disruptions in the manufacturing market environment 28
5.2.2.2 Increasing and broad market of the alternative products 28
5.2.3 Opportunities 28
5.2.3.1 Increasing electrification in the end-user industries. 28
5.2.3.2 Large untapped market in developing and underdeveloped countries 28
5.2.4 DRO - Impact Analysis 29
6 Type: Market Size & Analysis 30
6.1 Overview 30
6.2 Thermal Conductive 31
6.3 Electrical Conductive 33
6.4 Vendor Profiles 35
6.4.1 Dow Corning 35
6.4.2 Momentive Performance Materials Inc. 39
6.4.3 Wacker Chemie AG 44
6.4.4 Electrolube 50
6.4.5 Honeywell International Inc. 54
6.4.6 Parker Hannifin Corporation. 60
(Overview, business unit, geographic revenue, product profile, recent developments, business focus, SWOT analysis and business strategy are covered for all the vendors)
7 End-users: Market Size & Analysis 65
7.1 Overview 65
7.2 Electrical & Electronics 67
7.3 Telecommunication 68
7.4 Transportations 70
7.5 Customers Profile 72
7.5.1 Toyota Motor Corporation 72
7.5.2 3M
7.5.3 General Electric (GE) 80
7.5.4 ECI Telecom Ltd. 85
(Overview, business unit, geographic revenue, business segments, SWOT analysis and Business strategy are covered for all the customers)
8 Regions: Market Size and Analysis 88
8.1 Overview 88
8.2 Asia Pacific 89
8.2.1 Asia Pacific Market, By Countries 89
8.2.2 Asia Pacific Market, By types 91
8.2.3 Asia Pacific Market, By end-users 93
8.3 Europe 95
8.3.1 Europe Market, By Countries 95
8.3.2 Europe Market, By types 96
8.3.3 Europe Market, By End-users 98
8.4 North America 99
8.4.1 North America Market, By Countries 99
8.4.2 North America Market, By types 101
8.4.3 North America Market, By End-users 102
8.5 Rest of the World 103
8.5.1 Rest of the World, By Regions 103
8.5.2 Rest OF the World Market, By Types 105
8.5.3 Rest of the World Market, By End-users 107
9 Companies to Watch for 109
9.1 Dow Corning, is Creating a Powerful Ally for Conductive Management Solutions 109
9.2 Innovative Phase Change Materials from Electrolube that provides Alternatives solution for Thermal conductive grease 109
10 Competitive Landscape 110
10.1 Competitor Comparison Analysis 110
10.2 Market Landscape 111
10.2.1 Mergers, Acquisitions & Joint Ventures 111
10.2.2 Expansion 112
10.2.3 Exhibition & Product Launch 113
10.2.4 Divestment & Divestiture 114
10.2.5 Restructure & Repositioning 114
10.2.6 Legal & Price Hikes 115
11 Expert’s Views 115
Annexure 117
? Acronyms 117
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