Adroit Market Research published a study titled, “Global Thermal Interface Materials Market Size 2018 By Product (Greases & Adhesives, Elastomeric Pads, Tapes & Films, Metal-Based, and Phase Change Materials), by Application (Computer, Telecom, Automotive Electronics, Consumer Durables, Medical Devices, and Industrial Machinery), By Region and Forecast 2019 to 2025”
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Previously in 2018, the global thermal interface materials market was valued at USD 1.53 million and estimated to project the value of 3.57 million, registering a CAGR of 11% during the forecast period.
The thermal interface materials are generally used in the electronics industry as a maximum amount of heat must be dissipated from the semiconductor device junction to the environment. As it plays a major role in the consumer electronics, thermal interface materials come up with a wide range of applications in helping to manage temperature fluctuations.
According to the geographic perspective, Asia Pacific is anticipated to remain forefront of the global demand for consumer electronics. Moreover, the demand is also speeding up the graph due to the increase in penetration of the internet in developing countries. There is a crucial movement taking place as the maximum devices able to support digital media and increasing the speed of internet access have provided an option to the consumers to access media content, increasing the demand for lager displays such as laptops, and tablets, which are however anticipated to increase consumption in the electronics industry. It has been reported that the electronics industry will speed up and drive the global thermal interface materials market size during the forecast period.
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The growing demand for thermal interface materials industry attributed to the increasing automotive manufacturing base in the region, and increasing demand for electric vehicles. China holds the largest automotive manufacturing country.
The global thermal interface materials industry is segmented into product overview, application overview, and regional overview. Based on the product overview, the global thermal interface materials market is categorized by tapes & films, elastomeric pads, greases & adhesives, phase change materials, and metal-based. Moreover, on the basis of application overview, the global thermal interface materials market is fragmented into telecom, computer, medical devices, industrial machinery, consumer durables, and automotive electronics.
Discussing the regional overview, the global thermal interface materials market is widely range to North America, U.S., Canada, Europe, France, Germany, UK, Rest of Europe, Asia Pacific, India, Japan, China, Rest of APAC, and Latin America Brazil, Rest of Latin America, Middle East and Africa, Saudi Arabia, Rest of Middle East and Africa.
Leading players of the global thermal interface material industry include Wakefield-Vette, Indium Corporation, DK Thermal Metal Circuit Technology Ltd., SEMIKRON, Inc., Parker Hannifin, Honeywell International Inc., Henkel AG & Company KGaA, 3M, and Dow Corning.
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Key segments of the global thermal interface materials market
Product Overview, 2015-2025 (USD Million)
- Tapes & films
- Elastomeric pads
- Greases & adhesives
- Phase change materials
- Metal-based
Application Overview, 2015-2025 (USD Million)
- Telecom
- Computer
- Medical devices
- Industrial machinery
- Consumer durables
- Automotive electronics
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Rest of Europe
- Asia Pacific
- India
- Japan
- China
- Rest of APAC
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- Rest of Middle East and Africa
What does the report include?
- The study on the global thermal interface materials market includes qualitative factors such as drivers, trends, and opportunities
- Additionally, the market has been evaluated using the value chain analysis, Porter’s Five Forces’ analysis and Patent analysis.
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product and application.
- The report provides a deep-dive data analysis for all the applications.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
- The study includes the profiles of key players in the market with a significant global and/or country presence.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global thermal interface materials market, who want an in-depth insight into the movement of the global thermal interface materials market. The report will benefit:
- Executives of global thermal interface materials companies that are engaged in the thermal interface materials production and exporting
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to global thermal interface materials market
- Venture capitalists and investors looking for more information on the future outlook of the global thermal interface materials market
- Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions for manufacturing thermal interface materials
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
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