The global electronic thermal management materials market size is expected to reach USD 10.04 billion by 2028 according to a new study by Polaris Market Research. The report “Electronic Thermal Management Materials Market Share, Size, Trends, Industry Analysis Report, By Type (Gap Fillers, Conductive Tapes, Phase Change Materials, Conductive Paste, Thermal Greases); By End-Use (IT & Telecom, Aerospace, Healthcare, Automotive, Consumer Electronics); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market demand for electronic thermal management materials is projected to witness growth over the forecast period owing to increasing demand for high-performing and efficient automated systems. Rising disposable income, growing demand for white goods, and increasing application in healthcare devices for improved and cost-effective services drive the growth of the market. The use of these thermal management materials has increased in the automotive and transportation sector owing to rising urbanization, technological advancements, and the development of autonomous vehicles.

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Asia Pacific dominated the global market for electronic thermal management materials in 2020 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the electronics sector support market growth in this region.


There has been increasing demand for electronic thermal management materials from industries such as consumer electronics, aerospace, and healthcare, thereby driving the market growth of the electronic thermal management materials in Asia Pacific. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.



Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen the market presence and gain market share. Some of the major market participants include Boyd Corporation, Henkel AG & Company, KGaA, the 3M Company, Wacker Chemie AG, Laird PLC, Parker Chomerics, Lord Corporation, Dr. Dietrich Müller GmbH, Honeywell International Inc, AI Technology, Inc, DuPont, European Thermodynamics Ltd., Darcoid company, and Marian Inc.



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Polaris Market Research has segmented the electronic thermal management materials market report on the basis of type, end-use, and region:



Electronic Thermal Management Materials Type Outlook (Revenue, USD Million, 2016 – 2028)

Gap Fillers
Conductive Tapes
Phase Change Materials
Conductive Paste
Thermal Greases
Others
Electronic Thermal Management Materials Product End-User Outlook (Revenue, USD Million, 2016 – 2028)

IT and Telecom
Aerospace
Healthcare
Automotive
Consumer Electronics
Others
Electronic Thermal Management Materials Regional Outlook (Revenue, USD Million, 2016 – 2028)

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Brazil
Mexico
Colombia
Middle East & Africa
Saudi Arabia
South Africa
Israel
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