Business Description
Global thermal interface materials market was valued US$ 1.6 Bn in 2017 and is expected to reach US$ 4.23 Bn by 2026, at a CAGR of 12.4% during a forecast period.
Global Thermal Interface Materials Market
The thermal interface materials market is segmented by type, application, and region. In terms of type, global thermal interface materials market is classified into tapes & films market, metal-based, greases & adhesives, phase change materials, and gap fillers. Based on an application, global thermal interface materials market is divided into automotive electronics, computers industrial machinery, telecom, consumer durables, medical devices market, and industrial machinery.
Based on regions, the global thermal interface materials market is divided into five main regions are North America, Europe, Asia-pacific, South America and Middle East & Africa.
Electrification of transportation industry, increasing demand for sophisticated electronics & growing LED market are supporting growth of thermal interface materials market.
Performance limited by physical properties and high usage of thermal interface materials are restraining the thermal interface materials market. New procedure denoted by the bulk resistance method may affecting to the growth of market.
Application as nanodiamonds & application of carbon nanotubes as heatsinks are opportunities for the growth of market.
Greases & adhesives is the dominant segment during the forecast period. OEMs prefer to use greases & adhesives due to their flowability and ability to reduce a wide range of surface roughness of any housing, heat spreader, or heat sink surface.
Geographically, Asia Pacific dominated the global thermal interface materials market due to the presence of developing economies such as China and India, in which sectors such as computers, automotive electronics, and telecommunication are booming.
The scope of Global Thermal interface materials market:
Global Thermal Interface Materials Market, by Type:
• Tapes & Films Market
• Metal-based
• Greases & Adhesives
• Phase Change Materials
• Gap Fillers
Global Thermal interface materials market, by Application:
• Automotive Electronics
• Computers Industrial Machinery
• Telecom
• Consumer Durables
• Medical Devices Market
• Industrial Machinery
Global Thermal interface materials market, by Region:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key player operating in Global Thermal interface materials market:
• 3M Company
• DOW Corning Corporation
• Henkel AG & Co. KGAA
• Honeywell International Inc.
• Indium Corporation
• Laird Technologies, Inc.
• Momentive Performance Materials Inc.
• Parker Hannifin Corporation
• The Bergquist Company, Inc.
• Wakefield-Vette, Inc.
• Zalman Tech Co., Ltd.
• Semikron
• Dk Thermal Metal Circuit Technology ltd
About Company Information-
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