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Global Thermal Paste Market Research Report 2025
Synopsis
Thermal paste is an often overlooked part of most computer setups. Thermal paste (also sometimes known as thermal grease or thermal compound) acts as a heat transfer agent on a CPU’s heat spreader or IHS (Integrated Heat Spreader). Its basic compound consists of zinc oxide.
The global Thermal Paste market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Thermal Paste is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Thermal Paste is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Thermal Paste include Henkel, Shin-Etsu Chemical, Parker Hannifin, Dow, Cooler Master, CHT Group, Denka Company Limited, Momentive and RS Components, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Thermal Paste, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermal Paste.
Report Scope
The Thermal Paste market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermal Paste market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermal Paste manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Henkel
Shin-Etsu Chemical
Parker Hannifin
Dow
Cooler Master
CHT Group
Denka Company Limited
Momentive
RS Components
OKS
MacDermid Alpha Electronics Solutions
Fujipoly
Wacker
Arctic
NTE Electronics
Boyd
Noctua
Segment by Type
Silicon Based
Silicon Free
Segment by Application
Air Based Heat Sinks
Water Coolers
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermal Paste manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermal Paste by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermal Paste in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Thermal paste is an often overlooked part of most computer setups. Thermal paste (also sometimes known as thermal grease or thermal compound) acts as a heat transfer agent on a CPU’s heat spreader or IHS (Integrated Heat Spreader). Its basic compound consists of zinc oxide.
The global Thermal Paste market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Thermal Paste is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Thermal Paste is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Thermal Paste include Henkel, Shin-Etsu Chemical, Parker Hannifin, Dow, Cooler Master, CHT Group, Denka Company Limited, Momentive and RS Components, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Thermal Paste, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermal Paste.
Report Scope
The Thermal Paste market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermal Paste market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermal Paste manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Henkel
Shin-Etsu Chemical
Parker Hannifin
Dow
Cooler Master
CHT Group
Denka Company Limited
Momentive
RS Components
OKS
MacDermid Alpha Electronics Solutions
Fujipoly
Wacker
Arctic
NTE Electronics
Boyd
Noctua
Segment by Type
Silicon Based
Silicon Free
Segment by Application
Air Based Heat Sinks
Water Coolers
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermal Paste manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermal Paste by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermal Paste in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Thermal Paste Market Overview
1.1 Product Definition
1.2 Thermal Paste Segment by Type
1.2.1 Global Thermal Paste Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Silicon Based
1.2.3 Silicon Free
1.3 Thermal Paste Segment by Application
1.3.1 Global Thermal Paste Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Air Based Heat Sinks
1.3.3 Water Coolers
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Thermal Paste Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Thermal Paste Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Thermal Paste Production Estimates and Forecasts (2019-2030)
1.4.4 Global Thermal Paste Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermal Paste Production Market Share by Manufacturers (2019-2024)
2.2 Global Thermal Paste Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Thermal Paste, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Thermal Paste Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Thermal Paste Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Thermal Paste, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermal Paste, Product Offered and Application
2.8 Global Key Manufacturers of Thermal Paste, Date of Enter into This Industry
2.9 Thermal Paste Market Competitive Situation and Trends
2.9.1 Thermal Paste Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermal Paste Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermal Paste Production by Region
3.1 Global Thermal Paste Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Thermal Paste Production Value by Region (2019-2030)
3.2.1 Global Thermal Paste Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Thermal Paste by Region (2025-2030)
3.3 Global Thermal Paste Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Thermal Paste Production by Region (2019-2030)
3.4.1 Global Thermal Paste Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Thermal Paste by Region (2025-2030)
3.5 Global Thermal Paste Market Price Analysis by Region (2019-2024)
3.6 Global Thermal Paste Production and Value, Year-over-Year Growth
3.6.1 North America Thermal Paste Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Thermal Paste Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Thermal Paste Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Thermal Paste Production Value Estimates and Forecasts (2019-2030)
4 Thermal Paste Consumption by Region
4.1 Global Thermal Paste Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Thermal Paste Consumption by Region (2019-2030)
4.2.1 Global Thermal Paste Consumption by Region (2019-2024)
4.2.2 Global Thermal Paste Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Thermal Paste Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Thermal Paste Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermal Paste Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Thermal Paste Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thermal Paste Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Thermal Paste Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thermal Paste Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Thermal Paste Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Thermal Paste Production by Type (2019-2030)
5.1.1 Global Thermal Paste Production by Type (2019-2024)
5.1.2 Global Thermal Paste Production by Type (2025-2030)
5.1.3 Global Thermal Paste Production Market Share by Type (2019-2030)
5.2 Global Thermal Paste Production Value by Type (2019-2030)
5.2.1 Global Thermal Paste Production Value by Type (2019-2024)
5.2.2 Global Thermal Paste Production Value by Type (2025-2030)
5.2.3 Global Thermal Paste Production Value Market Share by Type (2019-2030)
5.3 Global Thermal Paste Price by Type (2019-2030)
6 Segment by Application
6.1 Global Thermal Paste Production by Application (2019-2030)
6.1.1 Global Thermal Paste Production by Application (2019-2024)
6.1.2 Global Thermal Paste Production by Application (2025-2030)
6.1.3 Global Thermal Paste Production Market Share by Application (2019-2030)
6.2 Global Thermal Paste Production Value by Application (2019-2030)
6.2.1 Global Thermal Paste Production Value by Application (2019-2024)
6.2.2 Global Thermal Paste Production Value by Application (2025-2030)
6.2.3 Global Thermal Paste Production Value Market Share by Application (2019-2030)
6.3 Global Thermal Paste Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Henkel
7.1.1 Henkel Thermal Paste Corporation Information
7.1.2 Henkel Thermal Paste Product Portfolio
7.1.3 Henkel Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Henkel Main Business and Markets Served
7.1.5 Henkel Recent Developments/Updates
7.2 Shin-Etsu Chemical
7.2.1 Shin-Etsu Chemical Thermal Paste Corporation Information
7.2.2 Shin-Etsu Chemical Thermal Paste Product Portfolio
7.2.3 Shin-Etsu Chemical Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Shin-Etsu Chemical Main Business and Markets Served
7.2.5 Shin-Etsu Chemical Recent Developments/Updates
7.3 Parker Hannifin
7.3.1 Parker Hannifin Thermal Paste Corporation Information
7.3.2 Parker Hannifin Thermal Paste Product Portfolio
7.3.3 Parker Hannifin Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Parker Hannifin Main Business and Markets Served
7.3.5 Parker Hannifin Recent Developments/Updates
7.4 Dow
7.4.1 Dow Thermal Paste Corporation Information
7.4.2 Dow Thermal Paste Product Portfolio
7.4.3 Dow Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Dow Main Business and Markets Served
7.4.5 Dow Recent Developments/Updates
7.5 Cooler Master
7.5.1 Cooler Master Thermal Paste Corporation Information
7.5.2 Cooler Master Thermal Paste Product Portfolio
7.5.3 Cooler Master Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Cooler Master Main Business and Markets Served
7.5.5 Cooler Master Recent Developments/Updates
7.6 CHT Group
7.6.1 CHT Group Thermal Paste Corporation Information
7.6.2 CHT Group Thermal Paste Product Portfolio
7.6.3 CHT Group Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.6.4 CHT Group Main Business and Markets Served
7.6.5 CHT Group Recent Developments/Updates
7.7 Denka Company Limited
7.7.1 Denka Company Limited Thermal Paste Corporation Information
7.7.2 Denka Company Limited Thermal Paste Product Portfolio
7.7.3 Denka Company Limited Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Denka Company Limited Main Business and Markets Served
7.7.5 Denka Company Limited Recent Developments/Updates
7.8 Momentive
7.8.1 Momentive Thermal Paste Corporation Information
7.8.2 Momentive Thermal Paste Product Portfolio
7.8.3 Momentive Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Momentive Main Business and Markets Served
7.7.5 Momentive Recent Developments/Updates
7.9 RS Components
7.9.1 RS Components Thermal Paste Corporation Information
7.9.2 RS Components Thermal Paste Product Portfolio
7.9.3 RS Components Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.9.4 RS Components Main Business and Markets Served
7.9.5 RS Components Recent Developments/Updates
7.10 OKS
7.10.1 OKS Thermal Paste Corporation Information
7.10.2 OKS Thermal Paste Product Portfolio
7.10.3 OKS Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.10.4 OKS Main Business and Markets Served
7.10.5 OKS Recent Developments/Updates
7.11 MacDermid Alpha Electronics Solutions
7.11.1 MacDermid Alpha Electronics Solutions Thermal Paste Corporation Information
7.11.2 MacDermid Alpha Electronics Solutions Thermal Paste Product Portfolio
7.11.3 MacDermid Alpha Electronics Solutions Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.11.4 MacDermid Alpha Electronics Solutions Main Business and Markets Served
7.11.5 MacDermid Alpha Electronics Solutions Recent Developments/Updates
7.12 Fujipoly
7.12.1 Fujipoly Thermal Paste Corporation Information
7.12.2 Fujipoly Thermal Paste Product Portfolio
7.12.3 Fujipoly Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Fujipoly Main Business and Markets Served
7.12.5 Fujipoly Recent Developments/Updates
7.13 Wacker
7.13.1 Wacker Thermal Paste Corporation Information
7.13.2 Wacker Thermal Paste Product Portfolio
7.13.3 Wacker Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Wacker Main Business and Markets Served
7.13.5 Wacker Recent Developments/Updates
7.14 Arctic
7.14.1 Arctic Thermal Paste Corporation Information
7.14.2 Arctic Thermal Paste Product Portfolio
7.14.3 Arctic Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Arctic Main Business and Markets Served
7.14.5 Arctic Recent Developments/Updates
7.15 NTE Electronics
7.15.1 NTE Electronics Thermal Paste Corporation Information
7.15.2 NTE Electronics Thermal Paste Product Portfolio
7.15.3 NTE Electronics Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.15.4 NTE Electronics Main Business and Markets Served
7.15.5 NTE Electronics Recent Developments/Updates
7.16 Boyd
7.16.1 Boyd Thermal Paste Corporation Information
7.16.2 Boyd Thermal Paste Product Portfolio
7.16.3 Boyd Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Boyd Main Business and Markets Served
7.16.5 Boyd Recent Developments/Updates
7.17 Noctua
7.17.1 Noctua Thermal Paste Corporation Information
7.17.2 Noctua Thermal Paste Product Portfolio
7.17.3 Noctua Thermal Paste Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Noctua Main Business and Markets Served
7.17.5 Noctua Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermal Paste Industry Chain Analysis
8.2 Thermal Paste Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermal Paste Production Mode & Process
8.4 Thermal Paste Sales and Marketing
8.4.1 Thermal Paste Sales Channels
8.4.2 Thermal Paste Distributors
8.5 Thermal Paste Customers
9 Thermal Paste Market Dynamics
9.1 Thermal Paste Industry Trends
9.2 Thermal Paste Market Drivers
9.3 Thermal Paste Market Challenges
9.4 Thermal Paste Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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