Electronic Thermal Management Materials Market Analysis

Electronic Thermal Management Materials Market Analysis

Conductive paste was the most revenue generating product in the overall electronic thermal management materials market in 2018. These pastes help in reducing the dependency on screws and clips in electronic devices, thereby providing with lightweight consumer electronics. The consumer electronics manufacturers are constantly trying to reduce the weight of their produce hence are shifting towards the use of conductive pastes.
 

Gap fillers help in eliminating air gaps between heat sink and other electrical components. These fillers offer an effective combination of thermal performance with an efficient mechanical shock resistance. Phase change materials (PCM) are mostly employed in high power electronics due to their excellent chemical stability and high latent heat. However, their low thermal conductivity compared to other electronic thermal management products is a major limitation of the product.
 

Electronic thermal management material are widely used in the consumer electronics sector. The need for effective thermal management and heat dissipation from electronic devices from computers to LED lighting have become pivotal for their reliability and performance. Moreover, with the diminishing size of electronics efficient thermal stability within the electronic assembly is becoming an area of utmost importance in the recent times. Consumer electronics held an electronic thermal management materials market share of close to 35% in 2018.
 

ETMM products are also extensively used in the automotive and telecommunication sector. Gap pads, thermal greases, and phase change materials are used in automotive engine, transmission controls and on-board electronics. Telecommunication equipment manufacturers to ensure reliability and long life hugely depends on thermal interface materials. ETMM are mainly used in switches, optical fiber cables, transmitters and receivers among others in the telecom industry.
 

ETMM materials in the Asia Pacific region has gain wide popularity in the recent times. The presence of major electronics manufacturers in the region is positively contribution to the ETMM demand. Moreover, encouraging government schemes especially in India such as ‘Digital India’ and 100% FDI has surged electronic manufacturing in turn propelling the demand for thermal management materials. Europe and North America are other major revenue generating regions. The presence of large manufacturing infrastructure coupled with the increasing demand for electronics shall contribute to the electronic thermal management materials market growth.