Top 10 Companies in the Grease for Electronics Industry (2024): Market Leaders Powering Global Electronics Protection

In Business Insights
May 31, 2025

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The Global Grease for Electronics Market was valued at USD 1.14 Billion in 2023 and is projected to reach USD 1.98 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024-2032). This robust growth is driven by increasing demand for electronic protection solutions across automotive, aerospace, and consumer electronics sectors, along with rapid technological advancements in conductive and dielectric grease formulations.

As electronic components become more sophisticated and miniaturized, the need for specialized greases that ensure optimal performance, longevity, and protection against environmental factors has never been greater. In this blog, we analyze the Top 10 Companies in the Grease for Electronics Industry—spanning global chemical giants and specialized lubricant manufacturers that are defining the future of electronic protection solutions.


🔟 10. Chemtools

Headquarters: Preston, Victoria, Australia
Key Offering: Electro-Lube Conductive Grease, Silicone Thermal Compounds

Chemtools provides specialized conductive greases and thermal management solutions for electronics, with a strong presence in the Asia-Pacific region. Their products are widely used in automotive sensors and industrial control systems.

Technology Focus:

  • High-performance conductive lubricants for harsh environments
  • Thermal interface materials for electronics cooling
  • Custom formulations for defense applications

Download FREE Sample Report: Grease for Electronics Market – View in Detailed Research Report


9️⃣ 9. MG Chemicals

Headquarters: Surrey, British Columbia, Canada
Key Offering: Silicone Grease, Carbon Conductive Grease

MG Chemicals is a leading manufacturer of specialized chemical products for electronics, offering a comprehensive range of greases from dielectric to highly conductive formulations.

Technology Focus:

  • High-purity silicone compounds
  • Nanocarbon-based conductive lubricants
  • Environmentally friendly formulations

8️⃣ 8. Kemtron

Headquarters: Stafford, UK
Key Offering: Kemtron Greases, EMI Shielding Solutions

Kemtron specializes in electromagnetic shielding and conductive greases, serving aerospace, defense, and telecommunications industries with high-reliability solutions.

Technology Focus:

  • EMI/RFI shielding greases
  • Military-specification compliant products
  • High-temperature electronic lubricants

7️⃣ 7. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: Dow Corning Electronic Greases

Dow’s extensive line of electronic greases leverages advanced silicone technology for thermal management and environmental protection in demanding applications.

Technology Focus:

  • Silicone-based thermal interface materials
  • Dielectric compounds for high-voltage applications
  • Sustainable material solutions

6️⃣ 6. Master Bond Inc.

Headquarters: Hackensack, New Jersey, USA
Key Offering: Thermally Conductive Epoxies and Greases

Master Bond provides advanced adhesive and grease solutions for electronics requiring superior thermal conductivity and electrical insulation properties.

Technology Focus:

  • Nano-enhanced thermal greases
  • Cryogenic temperature stable formulations
  • UL recognized products

Download FREE Sample Report: Grease for Electronics Market – View in Detailed Research Report


5️⃣ 5. Novagard Solutions

Headquarters: Cleveland, Ohio, USA
Key Offering: Custom Electronic Grease Formulations

Novagard offers tailored grease solutions across industries from automotive electronics to renewable energy applications, with strong formulation expertise.

Technology Focus:

  • Application-specific grease development
  • Conductive elastomers and gels
  • Environmental stress-resistant compounds

4️⃣ 4. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Loctite Electronic Greases

Henkel’s Loctite brand provides comprehensive electronic protection solutions, from conductive pastes to thermally conductive interface materials.

Technology Focus:

  • Innovative thermal management systems
  • High-reliability assembly materials
  • Automotive electronics solutions

3️⃣ 3. 3M Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: 3M Electronic Greases and Coatings

3M is a global leader in electronic protection solutions, offering a diverse portfolio of conductive and dielectric greases for virtually every electronic application.

Technology Focus:

  • Advanced thermal interface materials
  • EMI shielding compounds
  • Miniaturization-optimized formulations

2️⃣ 2. Nye Lubricants

Headquarters: Fairhaven, Massachusetts, USA
Key Offering: NyoGel, Rheolube Electronic Greases

Nye Lubricants specializes in high-performance synthetic lubricants for electronics, serving demanding aerospace, medical, and industrial applications.

Technology Focus:

  • Perfluoropolyether (PFPE) based greases
  • Space-qualified lubricants
  • Precision electronic component lubricants

1️⃣ 1. Parker Hannifin Corporation

Headquarters: Cleveland, Ohio, USA
Key Offering: Parker Chomerics Electronic Greases

Parker Hannifin leads the market with its Chomerics division, offering comprehensive EMI shielding and thermal management solutions for electronics across industries.

Technology Focus:

  • Conductive elastomeric compounds
  • Thermal interface materials
  • Custom-engineered solutions for 5G infrastructure

Get Full Report Here: Grease for Electronics Market – View in Detailed Research Report


📱 Outlook: The Future of Grease for Electronics

The grease for electronics market is undergoing significant transformation, driven by emerging technologies across sectors. From electric vehicles to 5G infrastructure and space electronics, demand for high-performance grease solutions continues to accelerate globally.

🔍 Key Market Trends:

  • Increasing adoption in electric vehicle battery systems and power electronics
  • Growth in 5G network infrastructure requiring specialized RF shielding greases
  • Advancements in thermally conductive materials for semiconductor applications
  • Shift toward environmentally sustainable and REACH-compliant formulations

The companies profiled above represent the vanguard of electronic protection technology, developing solutions that enable the next generation of electronic devices and systems across industries.

Get Full Report Here: Grease for Electronics Market – View in Detailed Research Report