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MarketResearch.biz delivers in-depth insights on the global thermal interface materials market in its upcoming report titled, “Global Thermal Interface Materials Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global thermal interface materials market is estimated to register a CAGR of XX.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 materials market report has been segmented on the basis of product type, application, and region.
A thermally conductive material placed between two solid components or parts to enhance thermal coupling between them is called as thermal interface material.
Rapid development in consumer goods sector coupled with increasing demand for miniaturized products and devices are major factors driving growth of the global thermal interface materials. In addition, increasing demand for thermal interface materials from various sectors such as automotive, medical, and consumer goods is another factor expected to further drive growth of the global market to a significant extent over the forecast period. Increasing adoption of thermal interface materials in advanced medical lasers and medical instruments for heat management and dissipation is another factor fueling growth of the global market. Moreover, increasing adoption of LED technology is further boosting demand for thermal interface materials in LED devices and systems, which is further propelling growth of the target market.
Operational efficiency of thermal interface material is depended on physical and environmental conditions. Which is a major factor hampering growth of the global thermal interface materials market. Technological advancements towards development of efficient thermal interface material and manufacturing of thermal interface materials using nanoparticles is expected to present lucrative business opportunities to major manufacturers in the global market over the forecast period.
The Asia Pacific thermal interface materials market dominates the global thermal interface material market in terms of revenue and is expected to witness highest growth over the forecast period. Presence of major consumer goods manufacturer coupled with presence of thermal interface materials manufacturers and suppliers in countries such as China, Japan, and South Korea are major factors driving growth of the Asia Pacific thermal interface materials market. The Europe thermal interface materials market is expected to witness considerable growth over the forecast period. The North America thermal interface materials market is expected to witness significant growth over the forecast period. This growth can be attributed to increasing demand for thermal interface material from manufacturing and automotive sectors in this region.
Global Thermal Interface Materials Market Segmentation:
Segmentation on the basis of product type:
- Tapes & films
- Elastomeric pads
- Greases & adhesives
- Phase change materials
Segmentation on the basis of application:
- Medical devices
- Industrial machinery
- Consumer durables
- Automotive electronics
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Henkel AG & Co. KGaA
- Bergquist Company
- Indium Corporation
- Parker Chomerics
- Dow Corning
- Laird Technologies
- Momentive Performance Materials Inc.
- Zalman Tech Co. Ltd.
- The 3M Company
- Wakefield-Vette Inc.
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