Press release
Liquid Thermal Interface Materials Market Projected to Grow at a CAGR of 5.2% to 2028
According to a recent study by Fact.MR, demand for liquid thermal interface materials is estimated to grow at 4.5% in 2019 over 2018. Gains are likely to be driven by development of novel liquid thermal interface materials and their widespread adoption in electrical and automotive industries.According to the study, as adoption of artificial intelligence and machine learning technology grows, the demand for high-performance computing solutions is on the rise.
To get in-depth information view the report-https://www.factmr.com/report/3085/liquid-thermal-interface-materials-market
‘Compactness’ Feature Driving Adoption
Liquid thermal interface materials are finding increasing utilization in consumer electronics, communication devices, and computers as the demand for high-power and high-performance circuitry in devices such as smartphones, tablets, and laptops continues to rise. Consequently, systems such as flip-chip BGA form factor packages have been developed to cater to the growing demands for high-performance and high-functioning microprocessors and ASICs. Liquid thermal interface material is gradually being integrated into microprocessors for providing the medium for efficient dissipation of heat produced while processing and functioning. Additionally, liquid thermal interface materials comply with the mechanical and size constraints in compact electronic systems which is further driving their adoption in the industry.
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Market Structure
The report on liquid thermal interface materials market segments the liquid thermal interface materials market on the basis of product type, application, and region.
On the basis of product type, the liquid thermal interface materials market can be segmented into thermal adhesive fluids, thermal greases, and thermal liquid metals.
Based on the application, the liquid thermal interface materials market can be segmented into computers, communication devices, medical devices, consumer electronics, automotive electronics, and others.
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Research Methodology
The report on liquid thermal interface materials market is a consequence of an elaborate and robust research methodology. A two-step research process involving primary and secondary researches was employed to obtain valuable insights into the liquid thermal interface materials market. While primary research involved interviewing experts from the liquid thermal interface materials market, secondary research was conducted by thoroughly studying liquid thermal interface market trade journals, paid sources, and other publications related to the liquid thermal interface materials market. Results from both the steps were cross-referenced to produce an accurate forecast of the liquid thermal interface materials market.
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Research Insight: https://www.factmr.com/report/3085/liquid-thermal-interface-materials-market
Content Source: https://www.factmr.com/media-release/928/liquid-thermal-interface-materials-market
About Fact.MR
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