According to the latest report by IMARC Group, titled “Thermal Interface Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global thermal interface materials market size reached US$ 2.80 Billion in 2020. Thermal interface materials (TIMs) are a category of products utilized to establish an effective thermal path between a heat-generating component and an attached heat-sink. They include a base material with added fillers to increase the thermal conductivity. They assist in filling the spaces between mating surfaces and addressing both heat transfer and mechanical fixation problems. Consequently, they find extensive applications in the manufacturing of communication and consumer devices, semiconductor packaging, power electronics and automobile components.
Request for a PDF sample of this report: https://www.imarcgroup.com/thermal-interface-material-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Thermal Interface Materials Market Trends:
A considerable rise in the demand for consumer electronics represents one of the key factors strengthening the market growth. TIMs are widely used to manufacture portable, compact, energy-efficient, and durable light-emitting diodes (LEDs). Moreover, the widespread adoption of TIMs in the electronics industry, along with their incorporation in interior automation components and music systems to minimize energy consumption and greenhouse gas (GHG) emissions, are strengthening the growth of the market. Other factors, including technological advancements like the Internet of Things (IoT) and the development of nanodiamonds, are supporting the market growth. Looking forward, IMARC Group expects the market to continue its strong growth during the forecast period (2021-2026).
Market Summary:
- Based on the product type, the market has been segmented into tapes and films, elastomeric pads, greases and adhesives, phase change materials, metal-based materials, and others. At present, greases and adhesives hold the largest market share.
- On the basis of the application, the market has been classified into telecom, computer, medical devices, industrial machinery, consumer durables, automotive electronics, and others. Presently, computers account for the majority of the total market share.
- Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. Amongst these, Asia Pacific enjoys the leading position in the market.
- The competitive landscape of the market has been examined, with some of the key players being 3M Company, The Dow Chemical Company, Henkel AG & Co. KGaA, Honeywell International Inc., Indium Corporation, Kitagawa Industries America, Inc., Laird Technologies, Inc., Momentive Performance Materials Inc., Parker-Hannifin Corporation and Zalman Tech Co., Ltd.
Competitive Landscape with Key Players:
- 3M Company
- Dow Inc.
- Henkel AG & Co. KGaA
- Honeywell International Inc.
- Indium Corporation
- Kitagawa Industries America Inc.
- Laird Technologies Inc.
- Momentive Performance Materials Inc.
- Parker-Hannifin Corporation
- Zalman Tech Co. Ltd
Market Segmentation:
Breakup by Product Type:
- Tapes and Films
- Elastomeric Pads
- Greases and Adhesives
- Phase Change Materials
- Metal Based Materials
- Others
Breakup by Application:
- Telecom
- Computer
- Medical Devices
- Industrial Machinery
- Consumer Durables
- Automotive Electronics
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/thermal-interface-material-market
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Biodiesel Market: https://www.imarcgroup.com/biodiesel-market
Transformer Oil Market: https://www.imarcgroup.com/transformer-oil-market
Ceramic Tiles Market: https://www.imarcgroup.com/prefeasibility-report-ceramic-tiles-manufacturing-plant
Metal Stamping Market: https://www.imarcgroup.com/metal-stamping-market
Europe Biodiesel Market: https://www.imarcgroup.com/europe-biodiesel-market
Asia Pacific Chitosan Market: https://www.imarcgroup.com/asia-pacific-chitosan-market
Biofertilizer Market: https://www.imarcgroup.com/biofertilizer-azotobacter-and-rhizobium-manufacturing-plant
Citric Acid Market: https://www.imarcgroup.com/citric-acid-manufacturing-plant
Aerogel Market: https://www.imarcgroup.com/aerogel-market
Betaine Market: https://www.imarcgroup.com/betaine-market
Insulation Market: https://www.imarcgroup.com/insulation-market
North America Chitosan Market: https://www.imarcgroup.com/north-america-chitosan-market
Decorative Laminates Market: https://www.imarcgroup.com/decorative-laminates-market
Methanol Market: https://www.imarcgroup.com/methanol-technical-material-market-report
White Cement Market: https://www.imarcgroup.com/white-cement-manufacturing-plant
Toluene Market: https://www.imarcgroup.com/toluene-technical-material-market-report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
