New Jersey, UK, December 7, 2021 (GLOBE NEWSWIRE) – Facts and Factors has released a new research report titled “Thermal Interface Materials Market by Type (Silicone, Epoxy, Polyimide, and Others), by Product Type (Greases & Adhesives, Tapes & Films, Gap Fillers, Metal-Based TIM, Phase Change Materials, and others), by application (computers), telecommunications, consumer durables, medical devices, industrial machinery, automotive electronics and others), by region: global and regional industrial outlook, full analysis and forecast, 2021-2026 “ in its research database
âAccording to the latest research study, the demand for Thermal Interface Materials Market Size and Share “
What are thermal interface materials? Report overview and coverage:
Thermal interface materials are materials used to disperse heat from electronic devices and improve heat transmission. They are typically sandwiched between the dissipation device or heat diffusing substrate and the heat generating components or chip. Thermal interface materials represent significant challenges in materials research because of the many possible applications and a wide variety of materials. Thermal management in the electronics industry is very complicated and requires a thorough understanding of the material characteristics of the TIMs used.
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Our free sample report includes:
- 2020 updated Report Introduction, Industry Overview and In-Depth Analysis
- Impact analysis of the COVID-19 epidemic included
- Research report of over 209 pages (inclusion of updated research)
- Provide chapter-by-chapter guidance on demand
- Updated regional analysis 2020 with graphical representation of size, share and trends
- Includes updated list of tables and figures
- The updated report includes major market players with their business strategy, sales volume, and revenue analysis
- Facts and Factors Research Methodology
(Note: The sample in this report is updated with the COVID-19 impact analysis before delivery)
Major players in the industry market
- 3M company
- Parker Hannifin Corporation
- Laird Technologies
- Indium Corporation
- Zalma Tech Co. Ltd.
- Schlegel Electronic Materials Inc.
- Universal science
- Master Bond inc.
- Electrolube Limited
- Fuji Polymer Industries Co. Ltd.
- AIM Specialty Materials
- DK Thermal
- GrafTech International Ltd.
- AOS Thermal Compounds LLC
- Shin-Etsu Chemical Co. Ltd.
- RBC Industries Inc.
- LORD Corporation
- Aremco Products Inc.
- Wakefield-Vette inc.
- Touching performance materials
- Dow Corning Company
- Henkel AG & Co. KGaA
- Honeywell International Inc.
Key questions addressed in this report:
- What is the projected market size and growth rate of the Thermal Interface Materials market?
- What are the major driving factors driving the thermal interface materials market growth?
- What are the major companies active in the Thermal Interface Materials market?
- What segments are covered by the Thermal Interface Materials market?
- How can I get free sample reports / company profiles of the Thermal Interface Materials Market?
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Market growth factors
The commercial availability of a variety of thermal interface materials in various forms, along with increasing uses in the electronics industry, are expected to drive penetration in the coming years. Thermal interface materials are used to conduct heat across two hard surfaces and are especially useful when sophisticated electrical gadgets are in high demand. Thermal interfaces are well known to provide efficient heat management solutions, which are necessary to improve the overall performance and longevity of a system. Due to its thermal conductivity, the product is expected to benefit from considerable gains, which will help to prolong the life and efficiency of the device or electronic equipment where it is used. Conductive materials, such as metals, metal oxides or silicone, are commonly used to create the product.
Global Thermal Interface Materials Market: Scope of the report
|Market size 2020 value||$ 2.8 billion|
|Market forecast for 2026||$ 5.1 billion|
|Expected CAGR growth||TCCA 10.4% from 2021-2026|
|Year of reference||2020|
|Best market players||The 3M Company, Parker Hannifin Corporation, Laird Technologies, Indium Corporation, Zalma Tech Co. Ltd., Schlegel Electronic Materials, Inc. and others|
|Covered segments||By type, by product type, by application, by region|
|Geographical areas covered||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Pricing options||Request personalized purchasing options to meet your research needs. Explore purchasing options|
Based on product type, the market is divided into Tapes & Films, Metal Based TIM, Greases & Adhesives, Phase Change Materials, Gap Fillers, and others. The Greases and Adhesives category dominated the product type segmentation in 2020 and is expected to dominate the segment in the coming years. This can be attributed to its increasing use in several applications such as power conversion equipment, transmission and motor control modules, PCs, memory modules, server processors and mobile phones, among others.
Consumer behavior for electronic gadgets such as cell phones, tablets and video games has not been affected by the post-pandemic situation. On the contrary, in recent years, during the recession, sales of durable consumer goods have also declined. In addition, due to an increasing need for pharmaceuticals and medical equipment, the demand for pharmaceutical and medical equipment, as well as laboratory equipment has increased.
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- Asia-Pacific Expected to Dominate Growth in Global Thermal Interface Materials Market
The Asia-Pacific region dominated the market in 2020 with a market share of over 35% and is expected to continue to dominate in the years to come. This is due to the existence of a large manufacturing area in the region. Government policies, GST cuts, corporate tax cuts, changing lifestyles, consumer health awareness and family income growth, in addition to the industrial base, have the potential to accelerate the growth of the industry in this region. As more trucks and vans are used to deliver essential products across the region, sales in the automotive sector can only be achieved through refurbishment or repair of vehicles. However, the government’s continued focus on healthcare and the automotive sector, along with its encouragement of FDI from Asian manufacturers, could help the company recover in the projected term. Although Europe is a key market for the automotive sector and the production of medical devices, the product is expected to lose revenue over time. This is because due to the current pandemic outbreak, manufacturing operations have come to a halt due to a collapse in supply and demand for cars.
Browse the full report “Thermal Interface Materials Market By Type (Silicone, Epoxy, Polyimide, and Others), By Product Type (Greases & Adhesives, Tapes & Films, Gap Fillers, Metal Based TIMs, Phase Change Materials & Others ), By Application (Computers, Telecom, Consumer Durables, Medical Devices, Industrial Machinery, Automotive Electronics and Others), By Region: Global and Regional Industrial Outlook, Full Analysis and Forecast, 2021-2026” To https://www.fnfresearch.com/thermal-interface-materials-market
The global thermal interface materials market is segmented as follows:
By product type:
- Greases & Adhesives
- Tapes and films
- Space fillers
- TIM metal-based
- Phase change materials
- Durable consumer goods
- Medical equipement
- Industrial machinery
- Automotive electronics
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