South Korea Thermal Interface Materials Market Size & Outlook
South Korea thermal interface materials market, 2018-2030 (US$M)
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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 |
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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 2023. 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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Our clientele includes a mix of thermal interface materials market companies, investment firms, advisory firms & academic institutions.
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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 thermal interface materials market size, by product, 2018-2030 (US$M)
South Korea Thermal Interface Materials Market Outlook Share, 2023 & 2030 (US$M)
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