About Conductive Grease
Conductive grease refers to improving electric connections among the sliding surface and other parts with electrically conductive silicon grease which reduces the risk of corrosion and reduces friction between electrical connections. This is widely used in manufacturing for heat sink devices, transformers, protective coating, circuit breaker, and others. Silicon-free grease is dominating the market as it is low cost, provide thermal conductivity and dielectric properties, and resistant to high temperature.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.4% |
Conductive grease market is fragmented owing to the number of players present in the market. Companies are focusing on the production of silicon-free conductive grease and increasing demand from transportation and consumer electronics market expected to generate lucrative market opportunities. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Conductive Grease market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dow Corning Corporation (United States), Electrolube (United Kingdom), Momentive Performance Materials Inc. (United States), Laird PLC (United States), 3M Company (United States), Parker-Hannifin Corporation (United States), LORD Corporation (United States), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (United States) and Dow Silicones Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Shin-Etsu MicroSi, Inc. (United States) and Henkel AG & Co. KGaA (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Conductive Grease market by Type (Thermal Conductive Grease and Electrical Conductive Grease) and Region.
On the basis of Type, Non-Silicone Grease are dominating the market in the year 2023On the basis of geography, the market of Conductive Grease has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by By End-User, the sub-segment i.e. Consumer Electronics will boost the Conductive Grease market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by By Thermal Conductive Grease, the sub-segment i.e. Silicone Grease will boost the Conductive Grease market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by By Material Type, the sub-segment i.e. Oil will boost the Conductive Grease market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand from Consumer Electronics Industry
Market Growth Drivers:
Emphasizing on Miniaturization of Electrical Devices and Increasing Electrification in Transportation Sector
Challenges:
Difficulty in Production of Elastomeric Pads
Restraints:
Complex Physical Properties of Conductive Grease and Fluctuating Raw Material Prices
Opportunities:
Rising Demand of Silicon Free Conductive Grease
Key Target Audience
Manufacturers of Thermally Conductive Grease, Traders, Distributors, and Suppliers of Thermally Conductive Grease, End-use Market Participants of Different Segments of the Thermally Conductive Grease Market, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions, Environment Support Agencies, Investment Banks and Private Equity Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.