Thermal Management Solutions Market By Form (Aqueous, Non-Aqueous, Gaseous), By Chemistry (Alkyl Benzenes, Mineral Oils, Synthetic Fluids, Silicon Polymer, Glycol), By Temperature (Low-Temperature Thermal Management (Below 0°C to 100°C), Moderate-Temperature Thermal Management (100°C to 300°C), High-Temperature Thermal Management (300°C to 800°C)), By End-Use Industry (IT & Telecommunications, Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Power & Energy) and Region; Global Insights & Forecast (2024 - 2030)

According to Intent Market Research, the Thermal Management Solutions Market is expected to grow from USD 4.5 billion in 2023-e at a CAGR of 6.8% to touch USD 7.0 billion by 2030. Some of the companies operating in this market include Advent International, Chevron, Clariant, Dow, Eastman Chemicals, ExxonMobil, Hexcel, Huntsman, Lanxess, 3M, Momentive Performance Materials, Parker Hannifin, Shell, Shin-Etsu Chemical, and Wacker.  

Published: February, 2024
| Report ID: CM3082
| Chemicals & Material

As per Intent Market Research, the Thermal Management Solutions Market was valued at USD 4.5 billion in 2023-e and will surpass USD 7.0 billion by 2030; growing at a CAGR of 6.8% during 2024 - 2030. Electronics industry growth and increasing need for thermal management solutions in the industry across the globe is driving the thermal management solutions market.

Thermal management solution controls and regulates heat in electronic devices and systems to maintain optimal operating temperatures. This is extremely important to ensure component reliability, performance, and longevity. With increasing power density and miniaturization, thermal management becomes important to prevent overheating, reduce energy consumption, and improve system efficiency. Thermal management solutions prevents heat-related failures and ensure safe and reliable electronic equipment operation in various applications.

Thermal Management Solutions Market Dynamics

Automotive Industry Growth is Fostering the Thermal Management Solutions Market

Thermal management solutions are increasingly used in automotive industry due to the complexity of automotive systems, the need for enhanced fuel efficiency, and the popularity of electric vehicles. Advanced thermal management is necessary to regulate temperatures and ensure optimal efficiency in powertrain systems, sensors, processors, and communication systems. Technological advancements, including advanced materials, smart sensors, and predictive analytics in automotive industry are contributing to the market growth.

Design Complexities of Components Utilized in Cooling Systems are Hampering the Market Growth

The global thermal management market faces design complexities in components used in cooling systems, leading to higher costs, longer development cycles, and potential performance limitations. Effective cooling components require expertise in thermal engineering, material science, and manufacturing processes. These intricate design requirements and associated costs can also limit innovation in new thermal management solutions, making it difficult for companies to develop and commercialize advanced cooling technologies.

Thermal Management Solutions Market Segment Insights

The Increasing Popularity of Glycol in Various Sectors is Driving the Thermal Management Solutions Market

Glycol, particularly ethylene and propylene glycol, is a popular heat transfer fluid due to its high thermal conductivity. It is used in various industries for efficient heat dissipation and temperature regulation, such as in automotive radiators, HVAC systems, solar thermal systems, data centers, and electronic devices. Glycol-based fluids are also commonly used in industrial processes for precise temperature control and in winterization applications. The development of bio-based glycols aligns with sustainability goals and reduces the risk of corrosion in the systems they are used. Glycol's versatility and effectiveness in thermal management applications are driving its demand and the overall market growth.

Source: Intent Market Research Analysis

Favorable Properties of Non-aqueous Solutions offers Significant MGrowth Opportunities

Non-aqueous fluids are preferred for high-temperature applications as they retain stability over a broader temperature range without freezing or boiling. They also cause less corrosion in metal components and are used with a wide range of materials. They are highly suitable for electrical and electronic applications and exhibit high chemical stability. Non-aqueous fluids have lower vapor pressure, higher thermal conductivity, and lower biological growth, making them advantageous for various thermal management applications.

Demand for High-Temperature Thermal Management Solutions is Thriving Due to Optimal Performance and Reliability

Electronic devices generate significant heat during operation, requiring high-temperature stability thermal management solutions to ensure optimal performance and reliability. Harsh operating conditions in aerospace & defense applications necessitate thermal management solutions capable of withstanding elevated temperatures. The automotive and solar industries also rely on high-temperature thermal management solutions to cool powertrain systems and optimize the efficiency of solar collectors. The materials and formulations of these solutions are engineered to withstand extreme thermal conditions.

Increasing Adoption of Thermal Management Solutions in Energy and Power is Boosting the Market Growth

Renewable energy sources such as solar and wind power require thermal management solutions to maintain optimal operating temperatures in solar panels, wind turbines, and power electronics, including inverters. Thermal management solutions are also essential for energy storage systems, electric vehicles, nuclear power plants, cogeneration and CHP systems, geothermal power plants, and hydropower systems. The integration of thermal management solutions in the energy and power sector is driven by the need to enhance system reliability, optimize energy production and storage, to meet the increasing demand for sustainable and efficient power generation.

Regional Insights

The Flourishing Consumer Electronics Industry in North America is Driving the Demand for Thermal Management Solutions

The US consumer technology industry is expected to achieve record-breaking retail sales revenue of over USD 505 billion, driven by increasing demand for smartphones, health devices, streaming services, and automotive tech. The transition to electrification in the automotive industry is also contributing to the market's growth. Thermal management in EVs powered by batteries is crucial for their performance and reliability. EV sales increased by 85% and plug-in hybrid electric vehicles (PHEVs) by 138% in 2021 compared to the previous year.

Competitive Landscape

Novel Product Launches are the Major Strategy Adopted by the Key Players

The thermal management technologies market is highly fragmented with growing competition. In January 2022, Parker Lord expanded its product portfolio for electric vehicle manufacturers, adding new thermally conductive adhesives and 1K low-density gap fillers. Some of the companies operating in this market include Advent International, Chevron, Clariant, Dow, Eastman Chemicals, ExxonMobil, Hexcel, Huntsman, Lanxess, 3M, Momentive Performance Materials, Parker Hannifin, Shell, Shin-Etsu Chemical, and Wacker.

Thermal Management Solutions Market Coverage

The report provides key insights into the thermal management solutions market, and it focuses on technological developments, trends, and initiatives taken by the government. In this sector, the analysis delves into market drivers, restraints, opportunities, and other pertinent factors. The report also scrutinizes key players and the competitive landscape in the thermal management solutions market.

Report Scope

Report Features

Description

Market Size (2023-e)

USD 4.5 billion

Forecast Revenue (2030)

USD 7.0 billion

CAGR (2024-2030)

6.8%

Base Year for Estimation

2023-e

Historic Year

2022

Forecast Period

2024-2030

Report Coverage

Revenue Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

By Form (Aqueous, Non-Aqueous and Gaseous), By Chemistry (Alkyl Benzenes, Mineral Oils, Synthetic Fluids, Silicon Polymer, Glycol, Others), By Temperature (Low-Temperature Thermal Management (Below 0°C to 100°C), Moderate-Temperature Thermal Management (100°C to 300°C), High-Temperature Thermal Management (300°C to 800°C)), By End-Use Industry (IT & Telecommunications, Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Power & Energy, Others)

Regional Analysis

North America (US, Canada), Europe (Germany, France, UK, Italy), Asia-Pacific (China, Japan, South Korea, India), Latin America (Brazil, Mexico, Argentina), Middle East and Africa (Saudi Arabia, South Africa, United Arab Emirates)

Competitive Landscape

Advent International, Chevron, Clariant, Dow, Eastman Chemicals, ExxonMobil, Hexcel, Huntsman, Lanxess, 3M, Momentive Performance Materials, Parker Hannifin, Shell, Shin-Etsu Chemical and Wacker

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements.

Purchase Options

We have three licenses to opt for Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF)

1. Introduction

1. 1. Study Assumptions and Thermal Management Solutions Market Definition

1.2. Scope of the Study

2. Research Methodology

3. Executive Summary

4. Thermal Management Solutions Market Dynamics

4.1. Market Growth Drivers

4.2 Market Growth Challenges

5. Thermal Management Solutions Market Outlook

5.1. Investment Analysis

5.2.Technological Developments

5.3.Case Study

5.4.Regulatory Framework

5.5.Industry Value Chain Analysis

5.6.Porter's Five Forces analysis

5.7.Pricing Analysis

5.8.Patent Analysis

6. Global Thermal Management Solutions Market Segmentation (Market Size & Forecast: USD Billion, 2024 – 2030)

6.1 Form

6.1.1 Aqueous

6.1.2 Non-Aqueous

6.1.3 Gaseous

6.2 Chemistry

6.2.1 Alkyl Benzenes

6.2.2 Mineral Oils

6.2.3 Synthetic Fluids

6.2.4 Silicon Polymer

6.2.5 Glycol

6.2.6 Others

6.3 Temperature

6.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

6.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

6.3.3 High-Temperature Thermal Management (300°C to 800°C)

6.4 End-Use Industry

6.4.1 IT & Telecommunications

6.4.2 Consumer Electronics

6.4.3 Automotive

6.4.4 Aerospace & Defense

6.4.5 Healthcare

6.4.6 Power & Energy

6.4.7 Others

6.5 Geography

6.5.1 North America

6.5.2 Europe

6.5.3 Asia-Pacific

6.5.4 Latin America

6.5.5 Middle East and Africa

7. North America Thermal Management Solutions Market Segmentation (Market Size & Forecast: USD Billion, 2024 – 2030)

7.1 Form

7.1.1 Aqueous

7.1.2 Non-Aqueous

7.1.3 Gaseous

7.2 Chemistry

7.2.1 Alkyl Benzenes

7.2.2 Mineral Oils

7.2.3 Synthetic Fluids

7.2.4 Silicon Polymer

7.2.5 Glycol

7.2.7 Others

7.3 Temperature

7.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

7.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

7.3.3 High-Temperature Thermal Management (300°C to 800°C)

7.4 End-Use Industry

7.4.1 IT and Telecommunications

7.4.2 Consumer Electronics

7.4.3 Automotive

7.4.4 Aerospace and Defense

7.4.5 Healthcare

7.4.7 Power & Energy

7.4.7 Others

7.5 Country

7.5.1 United States

7.5.1.1 Form

7.5.1.1.1 Aqueous

7.5.1.1.2 Non-Aqueous

7.5.1.1.3 Gaseous

7.5.1.2 Chemistry

7.5.1.2.1 Alkyl Benzenes

7.5.1.2.2 Mineral Oils

7.5.1.2.3 Synthetic Fluids

7.5.1.2.4 Silicon Polymer

7.5.1.2.5 Glycol

7.5.1.2.6 Others

7.5.1.3 Temperature

7.5.1.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

7.5.1.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

7.5.1.3.3 High-Temperature Thermal Management (300°C to 800°C)

7.5.1.4 End-Use Industry

7.5.1.4.1 IT and Telecommunications

7.5.1.4.2 Consumer Electronics

7.5.1.4.3 Automotive

7.5.1.4.4 Aerospace and Defense

7.5.1.4.5 Healthcare

7.5.1.4.5 Power & Energy

7.5.1.4.6 Others

7.5.2 Canada

7.5.2.1 Form

7.5.2.1.1 Aqueous

7.5.2.1.2 Non-Aqueous

7.5.2.1.3 Gaseous

7.5.2.2 Chemistry

7.5.2.2.1 Alkyl Benzenes

7.5.2.2.2 Mineral Oils

7.5.2.2.3 Synthetic Fluids

7.5.2.2.4 Silicon Polymer

7.5.2.2.5 Glycol

7.5.2.2.6 Others

7.5.2.3 Temperature

7.5.2.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

7.5.2.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

7.5.2.3.3 High-Temperature Thermal Management (300°C to 800°C)

7.5.2.4 End-Use Industry

7.5.2.4.1 IT and Telecommunications

7.5.2.4.2 Consumer Electronics

7.5.2.4.3 Automotive

7.5.2.4.4 Aerospace and Defense

7.5.2.4.5 Healthcare

7.5.2.4.6 Power & Energy

7.5.2.4.7 Others

8. Europe Market Thermal Management Solutions Segmentation (Market Size & Forecast: USD Billion, 2024 – 2030)

8.1 Form

8.1.1 Aqueous

8.1.2 Non-Aqueous

8.1.3 Gaseous

8.2 Chemistry

8.2.1 Alkyl Benzenes

8.2.2 Mineral Oils

8.2.3 Synthetic Fluids

8.2.4 Silicon Polymer

8.2.5 Glycol

8.2.8 Others

8.3 Temperature

8.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

8.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

8.3.3 High-Temperature Thermal Management (300°C to 800°C)

8.4 End-Use Industry

8.4.1 IT and Telecommunications

8.4.2 Consumer Electronics

8.4.3 Automotive

8.4.4 Aerospace and Defense

8.4.5 Healthcare

8.4.8 Power & Energy

8.4.8 Others

8.5 Country

8.5.1 Germany

8.5.1.1 Form

8.5.1.1.1 Aqueous

8.5.1.1.2 Non-Aqueous

8.5.1.1.3 Gaseous

8.5.1.2 Chemistry

8.5.1.2.1 Alkyl Benzenes

8.5.1.2.2 Mineral Oils

8.5.1.2.3 Synthetic Fluids

8.5.1.2.4 Silicon Polymer

8.5.1.2.5 Glycol

8.5.1.2.6 Others

8.5.1.3 Temperature

8.5.1.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

8.5.1.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

8.5.1.3.3 High-Temperature Thermal Management (300°C to 800°C)

8.5.1.4 End-Use Industry

8.5.1.4.1 IT and Telecommunications

8.5.1.4.2 Consumer Electronics

8.5.1.4.3 Automotive

8.5.1.4.4 Aerospace and Defense

8.5.1.4.5 Healthcare

8.5.1.4.5 Power & Energy

8.5.1.4.6 Others

8.5.2 France

8.5.2.1 Form

8.5.2.1.1 Aqueous

8.5.2.1.2 Non-Aqueous

8.5.2.1.3 Gaseous

8.5.2.2 Chemistry

8.5.2.2.1 Alkyl Benzenes

8.5.2.2.2 Mineral Oils

8.5.2.2.3 Synthetic Fluids

8.5.2.2.4 Silicon Polymer

8.5.2.2.5 Glycol

8.5.2.2.6 Others

8.5.2.3 Temperature

8.5.2.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

8.5.2.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

8.5.2.3.3 High-Temperature Thermal Management (300°C to 800°C)

8.5.2.4 End-Use Industry

8.5.2.4.1 IT and Telecommunications

8.5.2.4.2 Consumer Electronics

8.5.2.4.3 Automotive

8.5.2.4.4 Aerospace and Defense

8.5.2.4.5 Healthcare

8.5.2.4.6 Power & Energy

8.5.2.4.7 Others

8.5.3 United Kingdom

8.5.3.1 Form

8.5.3.1.1 Aqueous

8.5.3.1.2 Non-Aqueous

8.5.3.1.3 Gaseous

8.5.3.2 Chemistry

8.5.3.2.1 Alkyl Benzenes

8.5.3.2.2 Mineral Oils

8.5.3.2.3 Synthetic Fluids

8.5.3.2.4 Silicon Polymer

8.5.3.2.5 Glycol

8.5.3.2.6 Others

8.5.3.3 Temperature

8.5.3.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

8.5.3.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

8.5.3.3.3 High-Temperature Thermal Management (300°C to 800°C)

8.5.3.4 End-Use Industry

8.5.3.4.1 IT and Telecommunications

8.5.3.4.2 Consumer Electronics

8.5.3.4.3 Automotive

8.5.3.4.4 Aerospace and Defense

8.5.3.4.5 Healthcare

8.5.3.4.5 Power & Energy

8.5.3.4.6 Others

8.5.4 Italy

8.5.4.1 Form

8.5.4.1.1 Aqueous

8.5.4.1.2 Non-Aqueous

8.5.4.1.3 Gaseous

8.5.4.2 Chemistry

8.5.4.2.1 Alkyl Benzenes

8.5.4.2.2 Mineral Oils

8.5.4.2.3 Synthetic Fluids

8.5.4.2.4 Silicon Polymer

8.5.4.2.5 Glycol

8.5.4.2.6 Others

8.5.4.3 Temperature

8.5.4.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

8.5.4.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

8.5.4.3.3 High-Temperature Thermal Management (300°C to 800°C)

8.5.4.4 End-Use Industry

8.5.4.4.1 IT and Telecommunications

8.5.4.4.2 Consumer Electronics

8.5.4.4.3 Automotive

8.5.4.4.4 Aerospace and Defense

8.5.4.4.5 Healthcare

8.5.4.4.6 Power & Energy

8.5.4.4.7 Others

9. Asia-Pacific Thermal Management Solutions Market Segmentation (Market Size & Forecast: USD Billion, 2024 – 2030)

9.1 Form

9.1.1 Aqueous

9.1.2 Non-Aqueous

9.1.3 Gaseous

9.2 Chemistry

9.2.1 Alkyl Benzenes

9.2.2 Mineral Oils

9.2.3 Synthetic Fluids

9.2.4 Silicon Polymer

9.2.5 Glycol

9.2.9 Others

9.3 Temperature

9.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

9.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

9.3.3 High-Temperature Thermal Management (300°C to 900°C)

9.4 End-Use Industry

9.4.1 IT and Telecommunications

9.4.2 Consumer Electronics

9.4.3 Automotive

9.4.4 Aerospace and Defense

9.4.5 Healthcare

9.4.9 Power & Energy

9.4.9 Others

9.5 Country

9.5.1 Japan

9.5.1.1 Form

9.5.1.1.1 Aqueous

9.5.1.1.2 Non-Aqueous

9.5.1.1.3 Gaseous

9.5.1.2 Chemistry

9.5.1.2.1 Alkyl Benzenes

9.5.1.2.2 Mineral Oils

9.5.1.2.3 Synthetic Fluids

9.5.1.2.4 Silicon Polymer

9.5.1.2.5 Glycol

9.5.1.2.6 Others

9.5.1.3 Temperature

9.5.1.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

9.5.1.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

9.5.1.3.3 High-Temperature Thermal Management (300°C to 900°C)

9.5.1.4 End-Use Industry

9.5.1.4.1 IT and Telecommunications

9.5.1.4.2 Consumer Electronics

9.5.1.4.3 Automotive

9.5.1.4.4 Aerospace and Defense

9.5.1.4.5 Healthcare

9.5.1.4.5 Power & Energy

9.5.1.4.6 Others

9.5.2 China

9.5.2.1 Form

9.5.2.1.1 Aqueous

9.5.2.1.2 Non-Aqueous

9.5.2.1.3 Gaseous

9.5.2.2 Chemistry

9.5.2.2.1 Alkyl Benzenes

9.5.2.2.2 Mineral Oils

9.5.2.2.3 Synthetic Fluids

9.5.2.2.4 Silicon Polymer

9.5.2.2.5 Glycol

9.5.2.2.6 Others

9.5.2.3 Temperature

9.5.2.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

9.5.2.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

9.5.2.3.3 High-Temperature Thermal Management (300°C to 900°C)

9.5.2.4 End-Use Industry

9.5.2.4.1 IT and Telecommunications

9.5.2.4.2 Consumer Electronics

9.5.2.4.3 Automotive

9.5.2.4.4 Aerospace and Defense

9.5.2.4.5 Healthcare

9.5.2.4.6 Power & Energy

9.5.2.4.7 Others

9.5.3 India

9.5.3.1 Form

9.5.3.1.1 Aqueous

9.5.3.1.2 Non-Aqueous

9.5.3.1.3 Gaseous

9.5.3.2 Chemistry

9.5.3.2.1 Alkyl Benzenes

9.5.3.2.2 Mineral Oils

9.5.3.2.3 Synthetic Fluids

9.5.3.2.4 Silicon Polymer

9.5.3.2.5 Glycol

9.5.3.2.6 Others

9.5.3.3 Temperature

9.5.3.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

9.5.3.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

9.5.3.3.3 High-Temperature Thermal Management (300°C to 900°C)

9.5.3.4 End-Use Industry

9.5.3.4.1 IT and Telecommunications

9.5.3.4.2 Consumer Electronics

9.5.3.4.3 Automotive

9.5.3.4.4 Aerospace and Defense

9.5.3.4.5 Healthcare

9.5.3.4.5 Power & Energy

9.5.3.4.6 Others

9.5.4 South Korea

9.5.4.1 Form

9.5.4.1.1 Aqueous

9.5.4.1.2 Non-Aqueous

9.5.4.1.3 Gaseous

9.5.4.2 Chemistry

9.5.4.2.1 Alkyl Benzenes

9.5.4.2.2 Mineral Oils

9.5.4.2.3 Synthetic Fluids

9.5.4.2.4 Silicon Polymer

9.5.4.2.5 Glycol

9.5.4.2.6 Others

9.5.4.3 Temperature

9.5.4.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

9.5.4.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

9.5.4.3.3 High-Temperature Thermal Management (300°C to 900°C)

9.5.4.4 End-Use Industry

9.5.4.4.1 IT and Telecommunications

9.5.4.4.2 Consumer Electronics

9.5.4.4.3 Automotive

9.5.4.4.4 Aerospace and Defense

9.5.4.4.5 Healthcare

9.5.4.4.6 Power & Energy

9.5.4.4.7 Others

10. Latin America Thermal Management Solutions Market Segmentation (Market Size & Forecast: USD Billion, 2024 – 2030)

10.1 Form

10.1.1 Aqueous

10.1.2 Non-Aqueous

10.1.3 Gaseous

10.2 Chemistry

10.2.1 Alkyl Benzenes

10.2.2 Mineral Oils

10.2.3 Synthetic Fluids

10.2.4 Silicon Polymer

10.2.5 Glycol

10.2.10 Others

10.3 Temperature

10.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

10.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

10.3.3 High-Temperature Thermal Management (300°C to 1000°C)

10.4 End-Use Industry

10.4.1 IT and Telecommunications

10.4.2 Consumer Electronics

10.4.3 Automotive

10.4.4 Aerospace and Defense

10.4.5 Healthcare

10.4.10 Power & Energy

10.4.10 Others

10.5 Country

10.5.1 Brazil

10.5.1.1 Form

10.5.1.1.1 Aqueous

10.5.1.1.2 Non-Aqueous

10.5.1.1.3 Gaseous

10.5.1.2 Chemistry

10.5.1.2.1 Alkyl Benzenes

10.5.1.2.2 Mineral Oils

10.5.1.2.3 Synthetic Fluids

10.5.1.2.4 Silicon Polymer

10.5.1.2.5 Glycol

10.5.1.2.6 Others

10.5.1.3 Temperature

10.5.1.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

10.5.1.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

10.5.1.3.3 High-Temperature Thermal Management (300°C to 1000°C)

10.5.1.4 End-Use Industry

10.5.1.4.1 IT and Telecommunications

10.5.1.4.2 Consumer Electronics

10.5.1.4.3 Automotive

10.5.1.4.4 Aerospace and Defense

10.5.1.4.5 Healthcare

10.5.1.4.5 Power & Energy

10.5.1.4.6 Others

10.5.2 Mexico

10.5.2.1 Form

10.5.2.1.1 Aqueous

10.5.2.1.2 Non-Aqueous

10.5.2.1.3 Gaseous

10.5.2.2 Chemistry

10.5.2.2.1 Alkyl Benzenes

10.5.2.2.2 Mineral Oils

10.5.2.2.3 Synthetic Fluids

10.5.2.2.4 Silicon Polymer

10.5.2.2.5 Glycol

10.5.2.2.6 Others

10.5.2.3 Temperature

10.5.2.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

10.5.2.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

10.5.2.3.3 High-Temperature Thermal Management (300°C to 1000°C)

10.5.2.4 End-Use Industry

10.5.2.4.1 IT and Telecommunications

10.5.2.4.2 Consumer Electronics

10.5.2.4.3 Automotive

10.5.2.4.4 Aerospace and Defense

10.5.2.4.5 Healthcare

10.5.2.4.6 Power & Energy

10.5.2.4.7 Others

10.5.3 Argentina

10.5.3.1 Form

10.5.3.1.1 Aqueous

10.5.3.1.2 Non-Aqueous

10.5.3.1.3 Gaseous

10.5.3.2 Chemistry

10.5.3.2.1 Alkyl Benzenes

10.5.3.2.2 Mineral Oils

10.5.3.2.3 Synthetic Fluids

10.5.3.2.4 Silicon Polymer

10.5.3.2.5 Glycol

10.5.3.2.6 Others

10.5.3.3 Temperature

10.5.3.3.1 Low-Temperature Thermal Management (Below 0°C to 100°C)

10.5.3.3.2 Moderate-Temperature Thermal Management (100°C to 300°C)

10.5.3.3.3 High-Temperature Thermal Management (300°C to 1000°C)

10.5.3.4 End-Use Industry

10.5.3.4.1 IT and Telecommunications

10.5.3.4.2 Consumer Electronics

10.5.3.4.3 Automotive

10.5.3.4.4 Aerospace and Defense

10.5.3.4.5 Healthcare

10.5.3.4.5 Power & Energy

10.5.3.4.6 Others

11. Middle East & Africa Thermal Management Solutions Market Segmentation (Market Size & Forecast: USD Billion, 2024 – 2030)

11.1 Form

11.1.1 Aqueous

11.1.2 Non-Aqueous

11.1.3 Gaseous

11.2 Chemistry

11.2.1 Alkyl Benzenes

11.2.2 Mineral Oils

11.2.3 Synthetic Fluids

11.2.4 Silicon Polymer

11.2.5 Glycol

11.2.11 Others

11.3 Temperature

11.3.1 Low-Temperature Thermal Management (Below 0°C to 110°C)

11.3.2 Moderate-Temperature Thermal Management (110°C to 300°C)

11.3.3 High-Temperature Thermal Management (300°C to 1100°C)

11.4 End-Use Industry

11.4.1 IT and Telecommunications

11.4.2 Consumer Electronics

11.4.3 Automotive

11.4.4 Aerospace and Defense

11.4.5 Healthcare

11.4.11 Power & Energy

11.4.11 Others

11.5 Country

11.5.1 United Arab Emirates

11.5.1.1 Form

11.5.1.1.1 Aqueous

11.5.1.1.2 Non-Aqueous

11.5.1.1.3 Gaseous

11.5.1.2 Chemistry

11.5.1.2.1 Alkyl Benzenes

11.5.1.2.2 Mineral Oils

11.5.1.2.3 Synthetic Fluids

11.5.1.2.4 Silicon Polymer

11.5.1.2.5 Glycol

11.5.1.2.6 Others

11.5.1.3 Temperature

11.5.1.3.1 Low-Temperature Thermal Management (Below 0°C to 110°C)

11.5.1.3.2 Moderate-Temperature Thermal Management (110°C to 300°C)

11.5.1.3.3 High-Temperature Thermal Management (300°C to 1100°C)

11.5.1.4 End-Use Industry

11.5.1.4.1 IT and Telecommunications

11.5.1.4.2 Consumer Electronics

11.5.1.4.3 Automotive

11.5.1.4.4 Aerospace and Defense

11.5.1.4.5 Healthcare

11.5.1.4.5 Power & Energy

11.5.1.4.6 Others

11.5.2 Saudi Arabia

11.5.2.1 Form

11.5.2.1.1 Aqueous

11.5.2.1.2 Non-Aqueous

11.5.2.1.3 Gaseous

11.5.2.2 Chemistry

11.5.2.2.1 Alkyl Benzenes

11.5.2.2.2 Mineral Oils

11.5.2.2.3 Synthetic Fluids

11.5.2.2.4 Silicon Polymer

11.5.2.2.5 Glycol

11.5.2.2.6 Others

11.5.2.3 Temperature

11.5.2.3.1 Low-Temperature Thermal Management (Below 0°C to 110°C)

11.5.2.3.2 Moderate-Temperature Thermal Management (110°C to 300°C)

11.5.2.3.3 High-Temperature Thermal Management (300°C to 1100°C)

11.5.2.4 End-Use Industry

11.5.2.4.1 IT and Telecommunications

11.5.2.4.2 Consumer Electronics

11.5.2.4.3 Automotive

11.5.2.4.4 Aerospace and Defense

11.5.2.4.5 Healthcare

11.5.2.4.6 Power & Energy

11.5.2.4.7 Others

11.5.3 South Africa

11.5.3.1 Form

11.5.3.1.1 Aqueous

11.5.3.1.2 Non-Aqueous

11.5.3.1.3 Gaseous

11.5.3.2 Chemistry

11.5.3.2.1 Alkyl Benzenes

11.5.3.2.2 Mineral Oils

11.5.3.2.3 Synthetic Fluids

11.5.3.2.4 Silicon Polymer

11.5.3.2.5 Glycol

11.5.3.2.6 Others

11.5.3.3 Temperature

11.5.3.3.1 Low-Temperature Thermal Management (Below 0°C to 110°C)

11.5.3.3.2 Moderate-Temperature Thermal Management (110°C to 300°C)

11.5.3.3.3 High-Temperature Thermal Management (300°C to 1100°C)

11.5.3.4 End-Use Industry

11.5.3.4.1 IT and Telecommunications

11.5.3.4.2 Consumer Electronics

11.5.3.4.3 Automotive

11.5.3.4.4 Aerospace and Defense

11.5.3.4.5 Healthcare

11.5.3.4.5 Power & Energy

11.5.3.4.6 Others

11.5.4 Rest of Middle East & Africa

11.5.4.1 Form

11.5.4.1.1 Aqueous

11.5.4.1.2 Non-Aqueous

11.5.4.1.3 Gaseous

11.5.4.2 Chemistry

11.5.4.2.1 Alkyl Benzenes

11.5.4.2.2 Mineral Oils

11.5.4.2.3 Synthetic Fluids

11.5.4.2.4 Silicon Polymer

11.5.4.2.5 Glycol

11.5.4.2.6 Others

11.5.4.3 Temperature

11.5.4.3.1 Low-Temperature Thermal Management (Below 0°C to 110°C)

11.5.4.3.2 Moderate-Temperature Thermal Management (110°C to 300°C)

11.5.4.3.3 High-Temperature Thermal Management (300°C to 1100°C)

11.5.4.4 End-Use Industry

11.5.4.4.1 IT and Telecommunications

11.5.4.4.2 Consumer Electronics

11.5.4.4.3 Automotive

11.5.4.4.4 Aerospace and Defense

11.5.4.4.5 Healthcare

11.5.4.4.6 Power & Energy

11.5.4.4.7 Others

12. Competitive Landscape

12.1 Company Market Share Analysis

12.2 Competitive Matrix

12.3 Product Benchmarking

12.4 Emerging Players Operating in the Market

12.5 Company Profiles (Manufacturers of Thermal Management Solutions)

12.5.1 Advent International

12.5.1.1 Company Synopsis

12.5.1.2 Company Financials

12.5.1.3 Product/ Service Portfolio

12.5.1.4 Recent Developments

12.5.2 Chevron

12.5.3 Clariant

12.5.4 Dow

12.5.5 Eastman Chemical

12.5.6 ExxonMobil

12.5.7 Hexcel

12.5.8 Huntsman

12.5.9 Lanxess

12.5.10 3M

12.5.11 Momentive Performance Materials

12.5.12 Parker Hannifin

12.5.13 Shell

12.5.14 Shin-Etsu Chemical

12.5.15 Wacker

12.6 Company Profiles (Demand Side)

12.6.1ABB

12.6.1.1 Company Synopsis

12.6.1.2 Company Financials

12.6.1.3 Product/ Service Portfolio

12.6.1.4 Recent Developments

12.6.2 Apple

12.6.3 Boeing

12.6.4 Bosch

12.6.5 Ericsson

13. Analyst Recommendations

Let us connect with you TOC

I have read the Terms & Conditions and Privacy Policy I agree to its terms

Intent Market Research employs a rigorous methodology to minimize residual errors by carefully defining the scope, validating findings through primary research, and consistently updating our in-house database. This dynamic approach allows us to capture ongoing market fluctuations and adapt to evolving market uncertainties.

The research factors used in our methodology vary depending on the specific market being analyzed. To begin with, we incorporate both demand and supply side information into our model to identify and address market gaps. Additionally, we also employ approaches such as Macro-Indicator Analysis, Factor Analysis, Value Chain-Based Sizing, and forecasting to further increase the accuracy of the numbers and validate the findings.

Research Approach

  • Secondary Research Approach: During the initial phase of the research process, we acquire and accumulate extensive data continuously. This data is carefully filtered and validated through a variety of secondary sources.
  • Primary Research Approach: Following the consolidation of data gathered through secondary research, we initiate a validation process to verify all the market numbers, and assumptions and validate the findings by engaging with subject matter experts.

Data Collection, Analysis and Interpretation:

Research Methodology

Our market research methodology utilizes both top-down and bottom-up approaches to segment and estimate quantitative aspects of the market. We also employ multi-perspective analysis, examining the market from distinct viewpoints.

Let us connect with you


I have read the Terms & Conditions and Privacy Policy I agree to its terms
Available Formats
REPORT BUYING OPTIONS


Buy Now