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.
The global Thermal Interface Materials market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that's better than others.
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Key companies operating in the Thermal Interface Materials market include:
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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Thermal Interface Materials market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Thermal Interface Materials Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Based on the product type, the Thermal Interface Materials market is segmented into:
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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