South Korea Thermal Interface Materials Market Size & Outlook
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South Korea thermal interface materials market highlights
- The South Korea thermal interface materials market generated a revenue of USD 85.3 million in 2023 and is expected to reach USD 182.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 11.5% from 2024 to 2030.
- In terms of segment, greases & adhesives was the largest revenue generating product in 2023.
- Phase Change Materials is the most lucrative product segment registering the fastest growth during the forecast period.
Thermal interface materials market data book summary
| Market revenue in 2023 | USD 85.3 million |
| Market revenue in 2030 | USD 182.2 million |
| Growth rate | 11.5% (CAGR from 2023 to 2030) |
| Largest segment | Greases & adhesives |
| Fastest growing segment | Phase Change Materials |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tapes & Films, Elastomeric Pads, Greases & Adhesives, Phase Change Materials, Metal |
| Key market players worldwide | 3M Co, Henkel AG & Co KGaA, Dow Inc, Honeywell International Inc, Shin-Etsu Chemical Co Ltd, Indium, Sibelco |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.3% of the global thermal interface materials market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China thermal interface materials market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 345.9 million by 2030.
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Thermal Interface Materials Market Scope
Thermal Interface Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sibelco | View profile | 10001+ | Antwerp, Antwerpen, Belgium, Europe | http://www.sibelco.com |
| Indium | View profile | 501-1000 | Clinton, New York, United States, North America | http://www.indium.com/ |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
South Korea thermal interface materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermal interface materials market will help companies and investors design strategic landscapes.
Greases & adhesives was the largest segment with a revenue share of 34.58% in 2024. Horizon Databook has segmented the South Korea thermal interface materials market based on tapes & films, elastomeric pads, greases & adhesives, phase change materials, metal covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea thermal interface materials market databook
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Our clientele includes a mix of thermal interface materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea thermal interface materials market , including forecasts for subscribers. This country databook contains high-level insights into South Korea thermal interface materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea Product - Thermal Interface Materials Market size, 2024 - 2030 (US$M)
South Korea Thermal Interface Materials Market Outlook Share, 2024 & 2030 (US$M)
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