South Korea Thermal Conductive Adhesives Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.24 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The South Korea Thermal Conductive Adhesives Market is experiencing significant growth, driven by a broad range of industries that require high-performance materials for thermal management. These adhesives, known for their ability to efficiently transfer heat, are in high demand across various sectors such as electronics, automotive, and renewable energy. Their key function is to bond components while simultaneously dissipating heat, which is essential in preventing overheating in electronic devices, automotive parts, and industrial machinery.
In South Korea, the demand for thermal conductive adhesives has surged with the growing technological advancements in industries such as electronics and automotive manufacturing. Electronic devices, particularly those incorporating high-performance semiconductors and processors, require efficient heat management systems. Thermal conductive adhesives offer a reliable solution by ensuring that heat is effectively transferred from heat-sensitive components to heat sinks or other cooling systems.
In the automotive sector, the rise of electric vehicles (EVs) has further fueled the demand for thermal conductive adhesives. These adhesives are used to bond battery components, power electronics, and other heat-sensitive parts in EVs, ensuring optimal performance and longevity. With the increasing focus on energy efficiency and reducing emissions, thermal management has become a critical factor in automotive design, boosting the market's growth in South Korea.
Moreover, the renewable energy industry, especially solar and wind power, is also contributing to the growth of the thermal conductive adhesives market. These adhesives are used to bond photovoltaic cells and components in solar panels, ensuring that the panels maintain their efficiency in various environmental conditions.
As industries continue to demand higher performance from electronic devices and machinery, the South Korea Thermal Conductive Adhesives Market is expected to expand rapidly. Manufacturers are investing in the development of advanced adhesives that offer improved thermal conductivity, durability, and environmental resistance, which is likely to drive further adoption across various applications.
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Henkel
H.B. Fuller
3M Company
Permabond Engineering Adhesives
Masterbond
Creative Materials Inc.
Panacol-Elosol GmbH
DOW Corning
Polytec PT GmbH
Lord Corporation
MG Chemicals
Protavic America
Aremco
Cast-Coat
Nagase America Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Thermal Conductive Adhesives Market
Epoxy-based Adhesives
Silicone-based Adhesives
Polyurethane-based Adhesives
Acrylic-based Adhesives
Other Types
Electronics
Aerospace and Defense
Automotive
Renewable Energy
Medical Devices
Other Applications
Consumer Electronics
Telecommunications
Industrial Manufacturing
Healthcare
Automotive Manufacturing
Others
Low Thermal Conductivity (up to 1 W/m·K)
Medium Thermal Conductivity (1 - 5 W/m·K)
High Thermal Conductivity (above 5 W/m·K)
One-part Adhesives
Two-part Adhesives
Hybrid Adhesives
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Thermal Conductive Adhesives Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Thermal Conductive Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Thermal Conductive Adhesives Market, By Type
6. South Korea Thermal Conductive Adhesives Market, By Application
7. South Korea Thermal Conductive Adhesives Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Thermal Conductive Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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