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Thermal Interface Materials Market Size, Share and Forecast by 2027 | Type- Tapes and Films Elastomeric Pads, Greases, Phase Change, Metal Based

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Thermal Interface Materials Market Size, Share and Forecast by 2027 | Type- Tapes and Films Elastomeric Pads, Greases, Phase Change, Metal Based

March 01
22:41 2023
Thermal Interface Materials Market Size, Share and Forecast by 2027 | Type- Tapes and Films Elastomeric Pads, Greases, Phase Change, Metal Based
Rapid industrialization, especially in emerging economies, and the increasing demand for consumer electronics across the globe are some of the key factors creating a positive outlook for the market.

The latest report by IMARC Group, titled “Thermal Interface Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Thermal Interface Materials Market Size and Growth Rate:

The global thermal interface materials market size reached a value of US$ 2.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.03 Billion by 2027, exhibiting at a CAGR of 9.7% during 2022-2027.

Thermal interface materials (TIMs) facilitate the transfer of heat between two or more surfaces. They are used to fill the microscopic gaps and irregularities between two components, such as a processor and a heat sink, to improve the thermal conductivity of the interface, increase the contact area, and enhance heat transfer. Compared to traditional thermal compounds, such as grease and paste, TIMs offer higher thermal conductivity and resistance, better reliability, and improved performance, due to which they are largely used across the electronics, automotive, aerospace, healthcare, and defense industries. Currently, they are available in pads, greases, adhesives, tapes, and phase-change materials.

Request For a PDF Sample Report: https://www.imarcgroup.com/thermal-interface-material-market/requestsample

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Thermal Interface Materials Market Trends:

Rapid industrialization, especially in emerging economies, and the increasing demand for consumer electronics across the globe are some of the key factors creating a positive outlook for the market. TIMs are used to manufacture compact, portable, energy-efficient, and durable light-emitting diode (LED) lights that are utilized in both residential and industrial sectors, which is acting as another growth-inducing factor. Moreover, automobile manufacturers are increasingly incorporating TIMs in music systems and interior automation components to minimize greenhouse gas (GHG) emissions and energy consumption, aligning with the trend of sustainability, which is favoring the market growth. Apart from this, the growing demand for miniaturized devices, rapid technological advancements, and the surging need for versatile and efficient TIMs are creating lucrative opportunities for the market growth.

Competitive Landscape with Key Players:

The report has also analysed the competitive landscape of the market with some of the key players.

  • 3M Company (NYSE: MMM)
  • Dow Inc. (NYSE: DOW)
  • Henkel AG & Co. KGaA (ETR: HEN3)
  • Honeywell International Inc. (NASDAQ: HON)
  • Indium Corporation
  • Kitagawa Industries America Inc.
  • Laird Technologies Inc.
  • Momentive Performance Materials Inc.
  • Parker-Hannifin Corporation
  • Zalman Tech Co. Ltd.

 

Key Market Segmentation:

The report has categorized the market based on product type and application.

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
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Explore full report with TOC & List of Figures: https://www.imarcgroup.com/thermal-interface-material-market

Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • 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:

Attapulgite Market Report

Solar Panel Recycling 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.

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Phone: +1-631-791-1145
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Website: https://www.imarcgroup.com

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