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Global Electronic Thermal Management Material Market Growing at a CAGR of 11.62% to Reach USD 14308.77 Million By 2030 | Infinium Global Research
Infinium Global Research, a leading market research firm, has published an insightful report on the Global Electronic Thermal Management Material Market. The report provides an in-depth analysis of market segments and sub-segments on a global and regional scale. It explores the driving factors, limitations, and macro indicators influencing the electronic thermal management material market in the short and long term. The report offers forecasts and dollar values for the global market. The global eco-friendly labels market was valued at USD 6,117.4 Million in 2022 and is expected to reach USD 14308.77 Million by 2030 and grow at a CAGR of 11.62% over the forecast period.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/18242
Rapid Growth in Electronic Devices Drives Demand for Thermal Management Materials
The global electronic thermal management material market is expected to experience substantial growth, with a projected CAGR of 11.62% between 2023 and 2030 in terms of value. The increasing demand for electronic equipment and devices from end-use industries such as consumer electronics, automotive, aerospace, healthcare, and telecommunications has been a key driver for the market's expansion. The rise in disposable income among consumers has led to higher spending on electronic products, with many of these devices requiring thermal management materials, including conductive pastes, conductive tapes, phase change materials, gap fillers, and thermal greases. The need for effective thermal management systems in electronic devices is also contributing to market growth, especially as modern electronics consume more power and generate more heat. Ensuring proper thermal management is crucial for future electronics and emerging technologies like flexible electronics and artificial intelligence.
Challenges in Price Competitiveness and Material Availability
One of the primary challenges facing the electronic thermal management material market is the high cost of customized thermal management materials. These materials rely on rare and expensive raw materials, including boron, gallium, indium, and arsenic. For instance, the average unit value for imported low-grade gallium in 2017 was approximately USD 124 per kilogram. The high prices of these materials can significantly increase the overall cost of electronic products. This price sensitivity poses a challenge, especially in end-use industries such as consumer electronics, automotive, and telecommunications, where cost-conscious consumers may react negatively to rising product prices. This, in turn, could impact sales and revenue for manufacturers.
Innovations in Thermal Management Solutions Offer Growth Opportunities
Despite the challenges, extensive research has been conducted in the field of thermal management to address the growing demand for faster, cheaper, and more powerful computing devices. Advances in nanoelectronics and the emergence of innovative applications, such as three-dimensional chip stack architectures and flexible electronics, have driven research into novel materials for thermal management. Innovative solutions have been developed, including synthetic cooling systems or jets, novel interface materials like metallized chemical vapor deposition (CVD) diamond heat spreaders, and micro-cooler technologies using natural refrigerants like ammonia and carbon dioxide. These advancements are providing new opportunities for the electronic thermal management material market, enhancing cooling efficiency and reducing costs.
Geographical Market Insights
The Asia-Pacific region holds the largest share of the global electronic thermal management material market, primarily due to the presence of major electronics manufacturers in the region. China, in particular, has the largest share in the Asia Pacific region, driven by high demand from end-user industries such as automotive, telecommunications, healthcare, and consumer electronics. North America follows as the second-largest market for electronic thermal management materials, with numerous industries across the region adopting thermal management technologies. In Europe, compliance with stringent EU regulations and directives regarding the use of thermal interface materials in electronic devices is expected to drive significant market share.
Key Players
Leading players in the global electronic thermal management material market include Boyd Corporation, Element Six Ltd, Laird Technologies Inc, Henkel AG & Company, Applied Diamond Inc, EDP Corporation, PLASSYS BESTEK's, 3M Company, Parker Hannifin Corp, and European Thermodynamics Ltd.
Segmentation
The report offers detailed segmentation of the electronic thermal management material market, focusing on product and end-user categories. Product segments include conductive pastes, conductive tapes, phase change materials, gap fillers, and thermal greases. End-user categories encompass consumer electronics, automotive, aerospace, healthcare, and telecommunications.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Electronic Thermal Management Material Market Highlights
2.2. Electronic Thermal Management Material Market Projection
2.3. Electronic Thermal Management Material Market Regional Highlights
Chapter 3. Global Electronic Thermal Management Material Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product
3.4.2. IGR-Growth Matrix Analysis by End User
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Electronic Thermal Management Material Market
Chapter 4. Electronic Thermal Management Material Market Macro Indicator Analysis
Chapter 5. Global Electronic Thermal Management Material Market by Product
5.1. Conductive Pastes
5.2. Conductive Tapes
5.3. Phase Change Materials
5.4. Gap Fillers
5.5. Thermal Greases
Chapter 6. Global Electronic Thermal Management Material Market by End User
6.1. Consumer Electronics
6.2. Automotive
6.3. Aerospace
6.4. Healthcare
6.5. Telecommunication
Chapter 7. Global Electronic Thermal Management Material Market by Region 2023-2030
7.1. North America
7.1.1. North America Electronic Thermal Management Material Market by Product
7.1.2. North America Electronic Thermal Management Material Market by End User
7.1.3. North America Electronic Thermal Management Material Market by Country
7.2. Europe
7.2.1. Europe Electronic Thermal Management Material Market by Product
7.2.2. Europe Electronic Thermal Management Material Market by End User
7.2.3. Europe Electronic Thermal Management Material Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Electronic Thermal Management Material Market by Product
7.3.2. Asia-Pacific Electronic Thermal Management Material Market by End User
7.3.3. Asia-Pacific Electronic Thermal Management Material Market by Country
7.4. RoW
7.4.1. RoW Electronic Thermal Management Material Market by Product
7.4.2. RoW Electronic Thermal Management Material Market by End User
7.4.3. RoW Electronic Thermal Management Material Market by Sub-region
Chapter 8. Company Profiles and Competitive Landscape
8.1. Competitive Landscape in the Global Electronic Thermal Management Material Market
8.2. Companies Profiles
8.2.1. Boyd Corporation
8.2.2. Laird PLC
8.2.3. Henkel AG & Company
8.2.4. Honeywell International Inc.
8.2.5. Lord Corporation
8.2.6. European Thermodynamics Ltd
8.2.7. Parker Hannifin Corporation
8.2.8. AI Technology, Inc.
8.2.9. The 3M Company
8.2.10. DuPont de Nemours, Inc.
Chapter 9. Appendix
9.1. Primary Research Findings and Questionnaire
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/reports/enquiry/18242
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of electronic thermal management material.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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