Global Conductive Grease Market Projected to Reach USD 550 Million by 2026

(MENAFN- Facts and Factors Market Research) 27-Mar-2020 | Facts and Factors

Findings from Facts and Factors report 'Conductive Grease Market By Conductivity Type (Thermal Conductive Grease and Electrical Conductive Grease), By Product Type (Non-Silicone Grease and Silicone Grease), and By End-use  (Automotive Electronics, LED Lighting, Telecommunication & IT, Power Electronics, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 20202026 states that the global Conductive Grease market in 2019 was approximately USD 340 Million. The market is expected to grow at a CAGR of 7% and is anticipated to reach around USD 550 Million by 2026.

The conductive lubricants are either thermally or electrically conductive. Thermal grease is a material that is thermally conductive, widely used as heat sources, and an interface between heat sinks. It is also used in high-power semiconductor devices. The key function of thermal grease is to minimize air gaps or spaces from the region of the interface to optimize heat transfer and dissipation. The electric conductive grease delivers great electrical conductivity, as well as protection of the environment. It is generally used for potentiometers, rotating connections, ground connections, roller bearings, rotary switches, slide connectors, variable condensers, slip rings, and roller inductors.

Browse the full  'Conductive Grease Market By Conductivity Type (Thermal Conductive Grease and Electrical Conductive Grease), By Product Type (Non-Silicone Grease and Silicone Grease), and By End-use  (Automotive Electronics, LED Lighting, Telecommunication & IT, Power Electronics, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 20202026"   [...]

Development of the consumer electronics sector and growing demand for e-motor vehicles in Asia Pacific's emerging economies are propelling the global market for conductive grease. Growing demand for conductive grease for achieving superior thermal conductivity, excellent stability, and high-temperature tolerance is expected in the near future to deliver rewarding opportunities for conductive grease manufacturers. Volatility in raw material prices and competitive alternatives such as bio-based greases are estimated to limit the global demand for conductive grease.

The conductive grease market is segmented as per the conductivity type, product type, and end-use. Based on the conductive type market is segmented as thermal conductive grease and electrical conductive grease. The electric conductive grease is expected to fetch the largest market share owing to its wide use in enormous electric devices and components. Based on the product type market is bifurcated as non-silicone grease and silicone grease. According to end-use market is categorized in the automotive electronics, LED lighting, telecommunication & it, power electronics, and others. The automotive and power electronics industry is expected to fetch significant revenue and volume in the forecast period.

Based on the regional market is bifurcated as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. In the transportation industry rising need for electric conductive and high thermal grease is expected to fuel demand for conductive greases in the United States and Europe. The Asia Pacific is a leading producer of conductive grease North America is the second-largest market followed by Europe. Growth in China, ASEAN, and India's automotive industries and consumer electronics is expected to fuel demand for conductive grease over the forthcoming time. During the forecast era, increasing customer perception of high-quality goods in Latin America, and growing industrialization in the Middle East & Africa are estimated to propel sales of conductive grease in these regions.

The global steam turbine MRO market consists of a lot of small as well as big players. Leading players of the market are Parker-Hannifin Corporation, Dow Corning Corporation, 3M Company, Electrolube, Laird PLC, and Momentive Performance Materials Inc.

This report segments the Conductive Grease market as follows:

Global Conductive Grease Market: By Conductivity Type Segmentation Analysis

• Thermal Conductive Grease
• Electrical Conductive Grease

Global Conductive Grease Market: By Product Type Segmentation Analysis

• Silicone Grease
• Non-Silicone Grease

Global Conductive Grease Market: By End-use Segmentation Analysis

• LED Lighting
• Power Electronics
• Automotive Electronics
• Telecommunication & IT
• Others

Global Conductive Grease Market : Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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