Global Thermal Conductive Adhesives Market Growth 2023-2029
Thermally conductive adhesives are often used to dissipate heat from power electronics. Used to bond heat sinks, for example, their heat conductivity reduces thermal strain to prevent performance loss or failure of electronic components. Thermally conductive adhesives are also used as encapsulation compound for temperature sensors for enclosures or reactors. Adhesives with thermal conductivity are synthetic resins augmented with metallic or inorganic filler materials. The best thermal conduction coefficients can be achieved with metallic fillers such as silver or graphite. These, however, also make the adhesive electrically conductive, which is undesirable in many applications. To achieve thermal conductivity and electrical insulation at the same time, adhesives augmented with ceramic or mineral-based fillers must be used.
LPI (LP Information)' newest research report, the “Thermal Conductive Adhesives Industry Forecast” looks at past sales and reviews total world Thermal Conductive Adhesives sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Conductive Adhesives sales for 2023 through 2029. With Thermal Conductive Adhesives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Conductive Adhesives industry.
This Insight Report provides a comprehensive analysis of the global Thermal Conductive Adhesives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermal Conductive Adhesives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermal Conductive Adhesives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Conductive Adhesives and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Conductive Adhesives.
The global Thermal Conductive Adhesives market size is projected to grow from US$ 74 million in 2022 to US$ 95 million in 2029; it is expected to grow at a CAGR of 95 from 2023 to 2029.
Shin-Etsu is the world biggest manufacturer of thermally conductive adhesives, followed Dow, Chengdu Guibo Science, etc. The top 5 manufacturers occupy 65% its market share. Asia-Pacific is the largest market, in which holds a market share of around 36%.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Conductive Adhesives market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Silicones
Epoxies
Polyurethanes
Acrylics
Segmentation by application
Battery Thermal
Heat Sink
IC Packaging Heat Conduction
LED Lighting Thermal
Thermal Material Potting
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Henkel
H.B. Fuller
3M Company
Permabond Engineering Adhesives
Masterbond
Creative Materials Inc.
Panacol-Elosol GmbH
DOW Corning
Polytec PT GmbH
Lord Corporation
MG Chemicals
Protavic America
Aremco
Cast-Coat
Nagase America Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermal Conductive Adhesives market?
What factors are driving Thermal Conductive Adhesives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermal Conductive Adhesives market opportunities vary by end market size?
How does Thermal Conductive Adhesives break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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