Global Thermal Interface Material Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global thermal interface material market in its upcoming report titled, “Global Thermal Interface Material Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global thermal interface material market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal interface material market report has been segmented on the basis of product type, application, and region.

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Thermal interface materials are thermal conductive materials, that are applied to increase the thermal conductance of jointed solid surface. Thermal interface material is used between microprocessors and heatsinks to increase thermal transfer efficiency. These gaps are normally filled with air which is a very poor conductor.

On the basis of product type, grease & adhesives segment in the global thermal interface material is estimated to hold major revenue share and is expected to maintain its dominance over the forecast period. Low cost and high thermal conductivity properties of grease & adhesives is expected to drive market growth. Moreover, growing demand for silicone grease in automotive and computer component is anticipated to fuel market growth over the forecast period.

On the basis of application, computers application segment is estimated to hold major revenue share in global thermal interface material market over the forecast period. Growing demand for computer components such as graphic cards, chipsets, CPU, and hard disks is expected to propel market growth over the forecast period.

Asia Pacific market is estimated to hold significant revenue share in the global thermal interface material market, in 2017 and is expected to maintain its dominance over the forecast period. Presence of large number of thermal interface material manufacturers in the region is expected to fuel market growth over the forecast period. Asia Pacific accounts for largest revenue share contribution to the target market, followed by markets in North America, Europe, Latin America, and Middle East & Africa respectively. Growing demand for automobiles in emerging economies such as China, India, and Indonesia, owing to rising disposable income of the people in the region is anticipated to boost market growth over the forecast period. Growing telecom sector in India coupled with government initiatives such as Make in India which promotes foreign investments is anticipated to propel market growth over the forecast period.      

Market segmentation and key players operating in the global thermal interface material market:

By product type:

• Greases & adhesives
• Tapes & films
• Elastomeric pads
• Metal based
• Phase change materials
• Others (Gap fillers, Insulating hardware, Thermal tapes, and Thermal epoxy)

By application:

• Medical devices
• Telecom
• Computer
• Consumer durable
• Automotive electronics
• Industrial electronics

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• The Dow Chemical Company
• Henkel Corporation
• The 3M Company
• Indium Corporation
• Momentive Performance Materials Inc.
• Laird Technologies
• DK THERMAL METAL CIRCUIT TECHNOLOGY LTD.
• Shin-Etsu Chemical Co., Ltd.
• Parker Hannifin India Pvt. Ltd.
• Henkel Electronics Materials, LLC.