Thermal Interface Materials Market Forecast Analysis from 2018 to 2023, | Global Business Opportunity | Top Worldwide Key Vendors Insight | 3M, Henkel Corporation, Dow Corning, Parker Chomerics

Market Synopsis:

The Thermal interface materials are the materials which possess very high thermal conductivity. They act as a link between heat sink and the source of heat generation.

The major driver for the growth of the thermal interface materials market is the emerging need of very fast computing services. The increase in the awareness for the efficient lighting systems has increased with the increase in use of LED lights over the conventional lights, which is in turn driving the thermal interface materials market. The key features of thermal interface materials such as high thermal conductivity, no leakage from interface and minimum thickness are making it suitable for use across various end-user industries such as computer, automotive, and industrial machinery among others. This is in turn, leading to the growth of the thermal interface material market.

The Thermal interface materials market is expected to grow over the CAGR of around 10% during the period 2017 to 2023.

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Market Categorization:

The Global Thermal Interface Materials Market is categorized into type, application, and region.

On The Basis of Type; Greases & Adhesives, Gap Fillers, Elastomeric Pads, Metal Based. On The Basis of Application; Telecommunications, Computer, Automotive, and Industrial Machinery. On The Basis of Region; North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.

Regional Analysis:

The Global Thermal Interface Materials Market is segmented into five crucial regions namely;

• North America,
• Europe,
• Latin America,
• Asia Pacific,
• the Middle East & Africa

Among these, North America region is expected to dominate the global Thermal Interface Materials Market. The thermal interface materials market in the North America region is growing with the boom in the telecommunication and information technology industry. The Asia-Pacific region is also growing in the thermal interface materials market with the growth of various industries such as telecommunications and automotive in the developing nations of India and China.

Top Global Vendors:

The Top Global Vendors of Thermal Interface Materials Market are; 3M Company (U.S.), Henkel Corporation (U.S.), Bergquist Company (U.S.), Indium Corporation (U.S.), Parker Chomerics (U.S.), Dow Corning (U.S.), Laird Technologies (U.S.), Momentive Performance Materials Inc. (U.S.), and Zalman Tech Co. Ltd. (South Korea)

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