Thermal Interface Materials Market The Thermalm

GmiiRResearch
GmiiRResearch 8/11/2022 8:00:27 AM

Thermal Interface Materials Market

The Thermal Interface Materials Market is projected to grow at a significant CAGR during the forecast period (2020-2027).

The factors driving the growth of Thermal Interface Materials Market includes increasing application of thermal interface materials in end-use industries such as telecom, consumer durables, automotive electronics and computers and growing demand for smart phones and medical devices across the world. According to the report published by the Institute of Companies Secretaries of India, the Consumer Durables Market in India was valued at USD 15 billion on May 2017 and is predicted to reach US$ 20.6 billion by 2020, which will boost the demand for thermal interface materials in the approaching years. Moreover, increasing automation in automobile industry and development of advanced computing techniques, are some of the additional factors supplementing the Thermal Interface Materials Market size. In addition, increasing working class population and the expansion of power sector, are further pushing the market’s growth.

However, the growth of Thermal Interface Materials Market is hindered due to variations in the prices of raw materials, for instance, the grade gasoline prices in the United States varied from USD 2.7 to USD 3.2 gallons between 2000-2019.

The major players operating in the market are PARKER HANNIFICN CORPORATION, Laird, Momentive, Dow, 3M, Henkel Adhesives Technologies India Private Limited, Honeywell International Inc., Indium Corporation, and ZALMAN, among others.

 Type – Segment Analysis

According to Thermal Interface Materials Market Global Forecast, the adhesives and greases segment is anticipated to capture the highest market share during the forecast period. The adhesives help to bond low surface energy plastics, protects from corrosion along with increasing application of greases and adhesives in healthcare and consumer electronics, are the key factors propelling the segment’s growth.

End-Use Industry – Segment Analysis

Based on end-use industry, the consumer electronics segment is predicted to lead the market over the forecast period attributed to increasing investments by leading players for developing advanced thermal interface materials, which can be used in computers.

Regional – Segment Analysis

Based on region, the Asia Pacific region is expected to capture the largest share in the market during the forecast period. High population density, growing penetration of smart phones, rising disposable incomes and rapid industrialization, are some of the important factors influencing the market growth in Asia-Pacific region.

 

 

Market Segmentation

Global Thermal Interface Materials Market by Type


  • Adhesives and greases

  • Tapes & films

  • Gap fillers

  • Metal Based Thermal Interface Materials

  • Phase Change Materials

  • Others

Global Thermal Interface Materials Market by Chemistry


  • Silicon

  • Epoxy

  • Polymide

  • Others

Global Thermal Interface Materials Market by End-Use Industry


  • Consumer Electronics

  • Telecom

  • Healthcare

  • Automotive

  • Heavy Industry

  • Consumer Durables

  • Others

Global Thermal Interface Materials Market by Region


  • Asia Pacific

    • China

    • Japan

    • India

    • Rest of APAC



  • North America

    • United States of America

    • Canada



  • Europe

    • United Kingdom

    • Germany

    • France

    • Spain

    • Rest of Europe



  • RoW

    • Brazil

    • South Africa

    • Saudi Arabia

    • UAE



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