
The global Thermal Conductor Paste market size is predicted to grow from US$ 198 million in 2025 to US$ 270 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.
Thermal conductor paste, also known as thermal grease, thermal compound, or thermal paste, is a type of material used to improve the thermal conductivity and heat transfer between two surfaces. It is commonly used in electronics, computer hardware, and other applications where efficient heat dissipation is crucial to prevent overheating and ensure optimal performance.The primary purpose of thermal conductor paste is to fill in microscopic air gaps and imperfections between two surfaces, such as a microprocessor (CPU) and a heat sink or a graphics processing unit (GPU) and a cooling solution. These small gaps can create thermal resistance, inhibiting the efficient transfer of heat from one component to another. Thermal conductor paste typically consists of a mixture of thermally conductive particles suspended in a carrier fluid. The particles are often made of materials like metal oxides, ceramics, or carbon-based materials. The carrier fluid is usually a silicone or non-silicone-based compound that helps the paste flow and spread evenly over the surfaces.
In the global market, Thermal Conductor Paste core manufacturers are mainly Momentive, Shin-Etsu Chemical, Parker Hannifin, Denka Company, CHT Group, ect. The top five players in this industry account for about 36% of the market share. North America, Europe, and Asia-Pacific are the major manufacturing regions for this product, with Asia-Pacific accounting for more than 62% of the global market share.
The “Thermal Conductor Paste Industry Forecast” looks at past sales and reviews total world Thermal Conductor Paste sales in 2024, providing a comprehensive analysis by region and market sector of projected Thermal Conductor Paste sales for 2025 through 2031. With Thermal Conductor Paste sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Conductor Paste industry.
This Insight Report provides a comprehensive analysis of the global Thermal Conductor Paste 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 Conductor Paste portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermal Conductor Paste market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Conductor Paste and breaks down the forecast by Structure, 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 Conductor Paste.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Conductor Paste market by product type, application, key manufacturers and key regions and countries.
Segmentation by Structure:
Silicone Based
Non-silicone Based
Segmentation by Application:
Electronics and Home Appliances
Automotive and Transportation
Telecommunications
LED
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Henkel
Shin-Etsu Chemical
Parker Hannifin
3M
Dow
Cooler Master
CHT Group
Denka Company
Momentive
RS Components
Thermal Grizzly
OKS
MacDermid Alpha Electronics Solutions
Fujipoly
Wacker
Arctic
NTE Electronics
Boyd
Noctua
CoolLaboratory
GELID Solutions
ProlimaTech
Xigmatek
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermal Conductor Paste market?
What factors are driving Thermal Conductor Paste market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermal Conductor Paste market opportunities vary by end market size?
How does Thermal Conductor Paste break out by Structure, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Thermal Conductor Paste Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Thermal Conductor Paste by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Thermal Conductor Paste by Country/Region, 2020, 2024 & 2031
2.2 Thermal Conductor Paste Segment by Structure
2.2.1 Silicone Based
2.2.2 Non-silicone Based
2.3 Thermal Conductor Paste Sales by Structure
2.3.1 Global Thermal Conductor Paste Sales Market Share by Structure (2020-2025)
2.3.2 Global Thermal Conductor Paste Revenue and Market Share by Structure (2020-2025)
2.3.3 Global Thermal Conductor Paste Sale Price by Structure (2020-2025)
2.4 Thermal Conductor Paste Segment by Application
2.4.1 Electronics and Home Appliances
2.4.2 Automotive and Transportation
2.4.3 Telecommunications
2.4.4 LED
2.4.5 Other
2.5 Thermal Conductor Paste Sales by Application
2.5.1 Global Thermal Conductor Paste Sale Market Share by Application (2020-2025)
2.5.2 Global Thermal Conductor Paste Revenue and Market Share by Application (2020-2025)
2.5.3 Global Thermal Conductor Paste Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Thermal Conductor Paste Breakdown Data by Company
3.1.1 Global Thermal Conductor Paste Annual Sales by Company (2020-2025)
3.1.2 Global Thermal Conductor Paste Sales Market Share by Company (2020-2025)
3.2 Global Thermal Conductor Paste Annual Revenue by Company (2020-2025)
3.2.1 Global Thermal Conductor Paste Revenue by Company (2020-2025)
3.2.2 Global Thermal Conductor Paste Revenue Market Share by Company (2020-2025)
3.3 Global Thermal Conductor Paste Sale Price by Company
3.4 Key Manufacturers Thermal Conductor Paste Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Thermal Conductor Paste Product Location Distribution
3.4.2 Players Thermal Conductor Paste Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Thermal Conductor Paste by Geographic Region
4.1 World Historic Thermal Conductor Paste Market Size by Geographic Region (2020-2025)
4.1.1 Global Thermal Conductor Paste Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Thermal Conductor Paste Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Thermal Conductor Paste Market Size by Country/Region (2020-2025)
4.2.1 Global Thermal Conductor Paste Annual Sales by Country/Region (2020-2025)
4.2.2 Global Thermal Conductor Paste Annual Revenue by Country/Region (2020-2025)
4.3 Americas Thermal Conductor Paste Sales Growth
4.4 APAC Thermal Conductor Paste Sales Growth
4.5 Europe Thermal Conductor Paste Sales Growth
4.6 Middle East & Africa Thermal Conductor Paste Sales Growth
5 Americas
5.1 Americas Thermal Conductor Paste Sales by Country
5.1.1 Americas Thermal Conductor Paste Sales by Country (2020-2025)
5.1.2 Americas Thermal Conductor Paste Revenue by Country (2020-2025)
5.2 Americas Thermal Conductor Paste Sales by Structure (2020-2025)
5.3 Americas Thermal Conductor Paste Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Thermal Conductor Paste Sales by Region
6.1.1 APAC Thermal Conductor Paste Sales by Region (2020-2025)
6.1.2 APAC Thermal Conductor Paste Revenue by Region (2020-2025)
6.2 APAC Thermal Conductor Paste Sales by Structure (2020-2025)
6.3 APAC Thermal Conductor Paste Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Thermal Conductor Paste by Country
7.1.1 Europe Thermal Conductor Paste Sales by Country (2020-2025)
7.1.2 Europe Thermal Conductor Paste Revenue by Country (2020-2025)
7.2 Europe Thermal Conductor Paste Sales by Structure (2020-2025)
7.3 Europe Thermal Conductor Paste Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Thermal Conductor Paste by Country
8.1.1 Middle East & Africa Thermal Conductor Paste Sales by Country (2020-2025)
8.1.2 Middle East & Africa Thermal Conductor Paste Revenue by Country (2020-2025)
8.2 Middle East & Africa Thermal Conductor Paste Sales by Structure (2020-2025)
8.3 Middle East & Africa Thermal Conductor Paste Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Thermal Conductor Paste
10.3 Manufacturing Process Analysis of Thermal Conductor Paste
10.4 Industry Chain Structure of Thermal Conductor Paste
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Thermal Conductor Paste Distributors
11.3 Thermal Conductor Paste Customer
12 World Forecast Review for Thermal Conductor Paste by Geographic Region
12.1 Global Thermal Conductor Paste Market Size Forecast by Region
12.1.1 Global Thermal Conductor Paste Forecast by Region (2026-2031)
12.1.2 Global Thermal Conductor Paste Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Thermal Conductor Paste Forecast by Structure (2026-2031)
12.7 Global Thermal Conductor Paste Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Henkel
13.1.1 Henkel Company Information
13.1.2 Henkel Thermal Conductor Paste Product Portfolios and Specifications
13.1.3 Henkel Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Henkel Main Business Overview
13.1.5 Henkel Latest Developments
13.2 Shin-Etsu Chemical
13.2.1 Shin-Etsu Chemical Company Information
13.2.2 Shin-Etsu Chemical Thermal Conductor Paste Product Portfolios and Specifications
13.2.3 Shin-Etsu Chemical Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Shin-Etsu Chemical Main Business Overview
13.2.5 Shin-Etsu Chemical Latest Developments
13.3 Parker Hannifin
13.3.1 Parker Hannifin Company Information
13.3.2 Parker Hannifin Thermal Conductor Paste Product Portfolios and Specifications
13.3.3 Parker Hannifin Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Parker Hannifin Main Business Overview
13.3.5 Parker Hannifin Latest Developments
13.4 3M
13.4.1 3M Company Information
13.4.2 3M Thermal Conductor Paste Product Portfolios and Specifications
13.4.3 3M Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 3M Main Business Overview
13.4.5 3M Latest Developments
13.5 Dow
13.5.1 Dow Company Information
13.5.2 Dow Thermal Conductor Paste Product Portfolios and Specifications
13.5.3 Dow Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Dow Main Business Overview
13.5.5 Dow Latest Developments
13.6 Cooler Master
13.6.1 Cooler Master Company Information
13.6.2 Cooler Master Thermal Conductor Paste Product Portfolios and Specifications
13.6.3 Cooler Master Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Cooler Master Main Business Overview
13.6.5 Cooler Master Latest Developments
13.7 CHT Group
13.7.1 CHT Group Company Information
13.7.2 CHT Group Thermal Conductor Paste Product Portfolios and Specifications
13.7.3 CHT Group Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 CHT Group Main Business Overview
13.7.5 CHT Group Latest Developments
13.8 Denka Company
13.8.1 Denka Company Company Information
13.8.2 Denka Company Thermal Conductor Paste Product Portfolios and Specifications
13.8.3 Denka Company Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Denka Company Main Business Overview
13.8.5 Denka Company Latest Developments
13.9 Momentive
13.9.1 Momentive Company Information
13.9.2 Momentive Thermal Conductor Paste Product Portfolios and Specifications
13.9.3 Momentive Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Momentive Main Business Overview
13.9.5 Momentive Latest Developments
13.10 RS Components
13.10.1 RS Components Company Information
13.10.2 RS Components Thermal Conductor Paste Product Portfolios and Specifications
13.10.3 RS Components Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 RS Components Main Business Overview
13.10.5 RS Components Latest Developments
13.11 Thermal Grizzly
13.11.1 Thermal Grizzly Company Information
13.11.2 Thermal Grizzly Thermal Conductor Paste Product Portfolios and Specifications
13.11.3 Thermal Grizzly Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Thermal Grizzly Main Business Overview
13.11.5 Thermal Grizzly Latest Developments
13.12 OKS
13.12.1 OKS Company Information
13.12.2 OKS Thermal Conductor Paste Product Portfolios and Specifications
13.12.3 OKS Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 OKS Main Business Overview
13.12.5 OKS Latest Developments
13.13 MacDermid Alpha Electronics Solutions
13.13.1 MacDermid Alpha Electronics Solutions Company Information
13.13.2 MacDermid Alpha Electronics Solutions Thermal Conductor Paste Product Portfolios and Specifications
13.13.3 MacDermid Alpha Electronics Solutions Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 MacDermid Alpha Electronics Solutions Main Business Overview
13.13.5 MacDermid Alpha Electronics Solutions Latest Developments
13.14 Fujipoly
13.14.1 Fujipoly Company Information
13.14.2 Fujipoly Thermal Conductor Paste Product Portfolios and Specifications
13.14.3 Fujipoly Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Fujipoly Main Business Overview
13.14.5 Fujipoly Latest Developments
13.15 Wacker
13.15.1 Wacker Company Information
13.15.2 Wacker Thermal Conductor Paste Product Portfolios and Specifications
13.15.3 Wacker Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Wacker Main Business Overview
13.15.5 Wacker Latest Developments
13.16 Arctic
13.16.1 Arctic Company Information
13.16.2 Arctic Thermal Conductor Paste Product Portfolios and Specifications
13.16.3 Arctic Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Arctic Main Business Overview
13.16.5 Arctic Latest Developments
13.17 NTE Electronics
13.17.1 NTE Electronics Company Information
13.17.2 NTE Electronics Thermal Conductor Paste Product Portfolios and Specifications
13.17.3 NTE Electronics Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 NTE Electronics Main Business Overview
13.17.5 NTE Electronics Latest Developments
13.18 Boyd
13.18.1 Boyd Company Information
13.18.2 Boyd Thermal Conductor Paste Product Portfolios and Specifications
13.18.3 Boyd Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Boyd Main Business Overview
13.18.5 Boyd Latest Developments
13.19 Noctua
13.19.1 Noctua Company Information
13.19.2 Noctua Thermal Conductor Paste Product Portfolios and Specifications
13.19.3 Noctua Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Noctua Main Business Overview
13.19.5 Noctua Latest Developments
13.20 CoolLaboratory
13.20.1 CoolLaboratory Company Information
13.20.2 CoolLaboratory Thermal Conductor Paste Product Portfolios and Specifications
13.20.3 CoolLaboratory Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 CoolLaboratory Main Business Overview
13.20.5 CoolLaboratory Latest Developments
13.21 GELID Solutions
13.21.1 GELID Solutions Company Information
13.21.2 GELID Solutions Thermal Conductor Paste Product Portfolios and Specifications
13.21.3 GELID Solutions Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 GELID Solutions Main Business Overview
13.21.5 GELID Solutions Latest Developments
13.22 ProlimaTech
13.22.1 ProlimaTech Company Information
13.22.2 ProlimaTech Thermal Conductor Paste Product Portfolios and Specifications
13.22.3 ProlimaTech Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 ProlimaTech Main Business Overview
13.22.5 ProlimaTech Latest Developments
13.23 Xigmatek
13.23.1 Xigmatek Company Information
13.23.2 Xigmatek Thermal Conductor Paste Product Portfolios and Specifications
13.23.3 Xigmatek Thermal Conductor Paste Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 Xigmatek Main Business Overview
13.23.5 Xigmatek Latest Developments
14 Research Findings and Conclusion
*If Applicable.
