Cooling Paste/Thermally Conductive Grease Market Forecast Report (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 11, 2018--The “Cooling Paste Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The cooling paste market or thermally conductive grease market was valued at US$319.81 million in 2017 and is expected to grow at a CAGR of 6.5% to reach US$466.57 million in 2023.
The major factor accelerating the global cooling paste market is rapid digitalization across the globe. Digitization has led to an increase in the number of computers which, in turn, is spurring up the need for processors while augmenting the cooling paste market growth.
Moreover, the easily affordable and high-performance feature of cooling paste further enhances its demand. In addition, the continuous innovation owing to highly competitive market due to the presence of various players is propelling the market growth.
Factors like the increasing need for miniaturization of electronic devices and the expansion of end-use industries such as electronics and increasing research and development activities further impact the global market of cooling paste significantly.
Geographically, Asia Pacific region is expected to drive the global cooling paste market due to the escalating demand from end use industries such as telecommunications and electronics.
Moreover, rapid urbanization and continuous technological advancement and adoption in developing countries, like China, India, and Taiwan are further expected to boost the cooling paste demand over the forecast period.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Cooling Paste Market Forecast by Type
6. Global Cooling Paste Market Forecast by Application
7. Global Cooling Paste Market Forecast by Geography
8. Competitive Intelligence
9. Company ProfilesParker Hannifin Corp. Henkel AG & Co. KGaA Momentive Henkel Electronics Materials LLC Laird Wakefield-Vette Inc.
For more information about this report visit https://www.researchandmarkets.com/research/p6tvd3/cooling?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180911005542/en/
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SOURCE: Research and Markets
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PUB: 09/11/2018 10:44 AM/DISC: 09/11/2018 10:44 AM