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Thermal conductive grease is an insulating and thermally conducting, ie heat transfer can occur through such compounds. These are most commonly used as an interface material between heat and heat sinks. Thermal conductive grease is also known as heat paste, thermal compound, thermal interface material (TIM), heat sink compound, thermal paste, or thermal gel the interface area, which play the role of thermal insulator, and facilitate maximize heat transfer.

Thermal conductive greases do not provide mechanical strength to the bonding between heat sink and source of heat, unlike thermal adhesives. External mechanical mechanisms that create the pressure between the thermal conductive grease and the heat source. Thermal conductive grease comprising a polymerizable liquid matrix and thermally conductive filler. Thermally conductive fillers are therefore used. Most commonly used matrix materials include silicone, acrylates, epoxies, urethanes, solvent-based systems, and hot-melt adhesives, while aluminum oxides, aluminum nitrides, zinc oxides, and boron nitrides are commonly used fillers. Among these fillers, usage of aluminum nitride is increasing.

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Electronic surfaces are never smooth. Microscopic blemishes are present on any surface, which reduce heat flow and increase contact resistance. These gaps or roughness of the surface inhibit effective heat transfer, which can potentially lead to device failure. TIMs that have low flowing properties can leave voids, which inhibit heat transfer. Thermal conductive grease, however, completely fills the micro-gap (due to matrix composition). This ensures the vital parts of a component are protected from the flow of heat.

Key attributes that ensure good performance of thermally conductive grease are its thermal conductivity and resistance, bond line thickness, processing ability, and re-workability. Thermally conductive grease is used in a wide array of applications including power components and supplies, broadcasting equipment, ignition modules, computer equipments, audio amplifiers, power resistors, semi-conductor mounting devices, transistor diodes, thermal joints, and ballast heat transfer mediums ,

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Thermally conductive grease is available in varying grades or compositions as different product lines, depending on the end application and conductivity of the grease. The different compositions and features of thermally conductive greases is due to its utilization in applications ranging from the simplest to the most demanding thermal requirements.

Based on type, the market for thermally conductive greases can be divided into silicone-based grease and non-silicone-based grease. Based on end-user industry, the market can be classified into automotive, electricals & electronics, energy & power, telecommunications & IT, and others (including medical & office equipments).

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Key players operating in the thermal conductive grease market include 3M, Dow Coming Corporation, Parker Hannifin Corp, Laird Technologies, ACC Silicones Ltd (A CHT Group Company), LORD Corporation, Wacker Chemie AG, and PolySi Technologies Inc.