북미의 전자기기용 열관리 재료 시장(2021-2031년) : 범위, 세분화, 동향, 경쟁 분석

The North American electronic thermal management materials market was valued at approximately $795.66 million in 2023 and is projected to grow to around $1,257.56 million by 2031, reflecting a compound annual growth rate (CAGR) of 5.9% during the forecast period.

Growth Drivers in the Electronics and Semiconductor Sector

The significant growth of the electronics and semiconductor industries is a primary factor driving the demand for electronic thermal management materials. As electronic devices become increasingly powerful and compact, they generate more heat, necessitating advanced thermal management solutions to ensure operational efficiency and prolong device lifespan. These materials are crucial for managing heat in components such as processors, memory modules, and power electronics found in smartphones, laptops, and automotive electronics. In the semiconductor industry, where miniaturization and performance enhancement are essential, effective heat dissipation is vital to prevent overheating and maintain stable operation, thereby increasing the demand for innovative thermal management materials.

According to Invest India, the global electronics manufacturing services market is expected to reach $1,145 billion by 2026, growing at a CAGR of 5.4% from 2021 to 2026. Additionally, the Internet of Things (IoT) has gained significant traction, with businesses recognizing the importance of connectivity. The International Data Corporation (IDC) predicts that by 2025, there will be 41.6 billion IoT devices capable of generating 79.4 zettabytes (ZB) of data. The rise of connected devices, such as smartphones and consumer electronics, driven by IoT, is leading to a substantial increase in data traffic over the Internet. Consequently, electronic thermal management materials, including thermal interface materials (TIMs), phase change materials, thermal pads, and conductive adhesives, have become essential for addressing the heat dissipation requirements of modern devices. For instance, TIMs enhance heat transfer from electronic components to heat sinks, allowing devices to operate at optimal temperatures. As processors become more powerful, TIMs with improved thermal conductivity are critical for efficient heat transfer, minimizing temperature buildup.

The semiconductor industry, a key driver of advancements in electronic devices, heavily relies on thermal management materials. As transistor sizes continue to shrink, power densities within chips increase, making efficient heat dissipation more challenging. In high-density semiconductor applications, such as data centers, the demand for thermal management materials is particularly pronounced, as these facilities house thousands of servers that generate significant heat. Effective thermal management is essential for maintaining system performance and reducing energy costs associated with cooling, making thermal management materials vital for achieving energy efficiency. The Semiconductor Industry Association reported that global semiconductor sales rose from $45.6 billion in November 2022 to $48.0 billion in November 2023, underscoring the rapid growth of the electronics and semiconductor sectors and the corresponding demand for thermal management materials.

Market Overview and Opportunities

The North American electronic thermal management materials market is poised for substantial growth during the forecast period, driven by the expansion of various industries, including electronics, telecommunications, aerospace, and automotive. The rise of high-performance computing, data centers, electric vehicles (EVs), 5G infrastructure, and consumer electronics has made thermal management a critical factor in ensuring device longevity and reliability. The rollout of 5G networks and the increasing demand for high-speed internet connectivity in North America are further propelling the need for thermal management materials. The GSM Association projects that by 2030, 5G will account for 90% of connections in the region and contribute $210 billion to the North American economy. As 5G technology becomes foundational for smart cities and connected devices, maintaining optimal thermal conditions in equipment is crucial to prevent signal disruption and manage increased data transmission.

Market Segmentation

The North American electronic thermal management materials market is segmented by product type, end-use industry, and country.

• By Product Type: The market includes conductive adhesives, thermal management films, gap fillers, thermal gels, phase change materials, thermal greases, and others. In 2023, thermal greases held the largest market share.
• By End-Use Industry: The market is divided into consumer electronics, automotive, aerospace, telecommunications, and others, with the automotive segment leading in market share in 2023.
• By Country: The market is segmented into the US, Canada, and Mexico, with the US holding the largest share in 2023.

Key Players in the Market

Leading companies in the North American electronic thermal management materials market include 3M Co, DuPont de Nemours Inc, Electrolube Ltd, European Thermodynamics Ltd, Graco Inc, Henkel AG & Co KGaA, Honeywell International Inc, Marian Inc, Master Bond Inc, Momentive Performance Materials Inc, Parker Hannifin Corp, Robnor ResinLab Ltd, Sur-Seal Corp, Tecman Speciality Materials Ltd, and Wacker Chemie AG.

Table Of Contents

1. Introduction

• 1.1 Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. North America Electronic Thermal Management Materials Market Landscape

• 4.1 Overview
• 4.2 Porter's Five Forces Analysis
  • 4.2.1 Threat of New Entrants:
  • 4.2.2 Bargaining Power of Suppliers:
  • 4.2.3 Bargaining Power of Buyers:
  • 4.2.4 Competitive Rivalry:
  • 4.2.5 Threat of Substitutes:
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 End-Use Industry
  • 4.3.5 List of Vendors in the Value Chain

5. North America Electronic Thermal Management Materials Market - Key Market Dynamics

• 5.1 North America Electronic Thermal Management Materials Market - Key Market Dynamics
• 5.2 Market Drivers
  • 5.2.1 Strong Growth of Electronics and Semiconductor Industry
  • 5.2.2 Rise in Demand from Automotive Industry
• 5.3 Market Restraints
  • 5.3.1 High Cost and Complex Manufacturing Process
• 5.4 Market Opportunities
  • 5.4.1 Advancements in Electronic Thermal Management Materials
• 5.5 Future Trends
  • 5.5.1 Rising Proliferation of 5G Technology
• 5.6 Impact of Drivers and Restraints:

6. North America Electronic Thermal Management Materials Market - Analysis

• 6.1 North America Electronic Thermal Management Materials Market Revenue (US$ Million), 2021-2031
• 6.2 North America Electronic Thermal Management Materials Market Forecast Analysis

7. North America Electronic Thermal Management Materials Market Analysis - by Product Type

• 7.1 Conductive Adhesives
  • 7.1.1 Overview
  • 7.1.2 Conductive Adhesives: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.2 Thermal Management Films
  • 7.2.1 Overview
  • 7.2.2 Thermal Management Films: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.3 Gap Fillers
  • 7.3.1 Overview
  • 7.3.2 Gap Fillers: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.4 Thermal Gels
  • 7.4.1 Overview
  • 7.4.2 Thermal Gels: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.5 Phase Change Materials
  • 7.5.1 Overview
  • 7.5.2 Phase Change Materials: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.6 Thermal Greases
  • 7.6.1 Overview
  • 7.6.2 Thermal Greases: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.7 Others
  • 7.7.1 Overview
  • 7.7.2 Others: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. North America Electronic Thermal Management Materials Market Analysis - by End-use Industry

• 8.1 Consumer Electronics
  • 8.1.1 Overview
  • 8.1.2 Consumer Electronics: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.2 Automotive
  • 8.2.1 Overview
  • 8.2.2 Automotive: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.3 Aerospace
  • 8.3.1 Overview
  • 8.3.2 Aerospace: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.4 Telecommunication
  • 8.4.1 Overview
  • 8.4.2 Telecommunication: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.5 Others
  • 8.5.1 Overview
  • 8.5.2 Others: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. North America Electronic Thermal Management Materials Market - Country Analysis

• 9.1 North America
  • 9.1.1 North America Electronic Thermal Management Materials Market - Revenue and Forecast Analysis - by Country
    • 9.1.1.1 North America Electronic Thermal Management Materials Market - Revenue and Forecast Analysis - by Country
    • 9.1.1.2 United States: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.2.1 United States: North America Electronic Thermal Management Materials Market Share - by Product Type
      • 9.1.1.2.2 United States: North America Electronic Thermal Management Materials Market Share - by End-use Industry
    • 9.1.1.3 Canada: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.3.1 Canada: North America Electronic Thermal Management Materials Market Share - by Product Type
      • 9.1.1.3.2 Canada: North America Electronic Thermal Management Materials Market Share - by End-use Industry
    • 9.1.1.4 Mexico: North America Electronic Thermal Management Materials Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.4.1 Mexico: North America Electronic Thermal Management Materials Market Share - by Product Type
      • 9.1.1.4.2 Mexico: North America Electronic Thermal Management Materials Market Share - by End-use Industry

10. Competitive Landscape

• 10.1 Heat Map Analysis by Key Players
• 10.2 Company Positioning and Concentration

11. Industry Landscape

• 11.1 Overview
• 11.2 Mergers And Acquisitions
• 11.3 Agreements, Collaborations, And Joint Ventures
• 11.4 Product Launch
• 11.5 Expansions and Other Strategic Developments

12. Company Profiles

• 12.1 DuPont de Nemours Inc
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Henkel AG & Co KGaA
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 Electrolube Ltd
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 Tecman Speciality Materials Ltd
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Momentive Performance Materials Inc
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 3M Co
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Marian Inc
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 European Thermodynamics Ltd
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Honeywell International Inc
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments
• 12.10 Parker Hannifin Corp
  • 12.10.1 Key Facts
  • 12.10.2 Business Description
  • 12.10.3 Products and Services
  • 12.10.4 Financial Overview
  • 12.10.5 SWOT Analysis
  • 12.10.6 Key Developments
• 12.11 Wacker Chemie AG
  • 12.11.1 Key Facts
  • 12.11.2 Business Description
  • 12.11.3 Products and Services
  • 12.11.4 Financial Overview
  • 12.11.5 SWOT Analysis
  • 12.11.6 Key Developments
• 12.12 Sur-Seal Corp
  • 12.12.1 Key Facts
  • 12.12.2 Business Description
  • 12.12.3 Products and Services
  • 12.12.4 Financial Overview
  • 12.12.5 SWOT Analysis
  • 12.12.6 Key Developments
• 12.13 Graco Inc
  • 12.13.1 Key Facts
  • 12.13.2 Business Description
  • 12.13.3 Products and Services
  • 12.13.4 Financial Overview
  • 12.13.5 SWOT Analysis
  • 12.13.6 Key Developments
• 12.14 Robnor ResinLab Ltd
  • 12.14.1 Key Facts
  • 12.14.2 Business Description
  • 12.14.3 Products and Services
  • 12.14.4 Financial Overview
  • 12.14.5 SWOT Analysis
  • 12.14.6 Key Developments
• 12.15 Master Bond Inc
  • 12.15.1 Key Facts
  • 12.15.2 Business Description
  • 12.15.3 Products and Services
  • 12.15.4 Financial Overview
  • 12.15.5 SWOT Analysis
  • 12.15.6 Key Developments

13. Appendix

• 13.1 About Us