The global Thermal Interface Materials industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The global Thermal Interface Material (TIM) market size is expected to reach USD 7.34 Billion in 2030 and register a revenue CAGR of 10.0% over the forecast period, according to latest analysis by Emergen Research. Thermal interface material market revenue growth is primarily driven by factors such as rapid industrialization in developing countries along with significantly high demand for consumer electronics globally. Also, increasing applications of TIM in industrial machinery is driving revenue growth of the market. Application of TIM in machinery helps to maintain low temperature of components by reducing heat transfer. This can be achieved through improved insulation or by using materials with high specific resistance properties.
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Competitive Outlook: The leading companies operating in the Thermal Interface Materials market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Thermal Interface Materials Market and Profiled in the Report are:
Parker Hannifin Corporation, Indium Corporation, Dow Inc., 3M Company, Wakefield Thermal, Inc., DuPont De Nemours, Inc, Henkel AG Co. KGaA, Fujipoly, Momentive, and Honeywell International Inc
Objectives of the Report:
- Study of the global Thermal Interface Materials market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Thermal Interface Materials market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Thermal Interface Materials market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Thermal Interface Materials market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2018–2030)
- Greases Adhesives
- Tapes Films
- Gap Fillers
- Phase Change Materials
- Metal-Based Thermal Interface Materials
- Others
Material Outlook (Revenue, USD Billion; 2018–2030)
- Silicone
- Epoxy
- Polyimide
- Others
Application Outlook (Revenue, USD Billion; 2018–2030)
- Computers
- Telecom
- Consumer Durables
- Automotive Electronics
- Medical Devices
- Industrial Machinery
- Others
Thermal Interface Materials Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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