Thermal Interface Materials Market 2021-2026; Industry Size, Scope, Growth Drivers, Upcoming Trends, Top Companies, Scope, Challenges and Opportunities
Thermal interface materials (TIMs) are a class of products used to establish a thermal path between a heat-generating component and a heat sink. These materials act as an insertion medium between two mechanically mated surfaces. Some of the common types of thermal interface materials are thermal grease, gap fillers, thermal pads and films, graphite pad and films, thermal epoxy, thermal tape, etc. They provide optimal functioning to the electronic device by dispersing the heat. As a result, thermal interface materials are widely used across numerous industries, including packaging, communication, consumer electronics, automobile, etc.
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The rising demand for consumer electronics across the globe is primarily augmenting the market for thermal interface materials. Furthermore, the growing adoption of thermal interface materials in the automotive industry for heat management in vehicles, is also propelling the market growth. Moreover, the increasing popularity of TIMs in LED lights to enhance the performance of LED by absorbing the thermo-mechanical stress, is further catalyzing the global market. Additionally, several technological advancements have led to the development of novel thermal interface materials based on nanodiamonds, which are further expected to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global thermal interface materials market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, product type, and application.
Breakup by Product Type:
Tapes and Films
Greases and Adhesives
Phase Change Materials
Metal Based Materials
Breakup by Application:
Breakup by Region:
Middle East and Africa
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The report has also analysed the competitive landscape of the market with some of the key players being 3M Company, Dow Inc., Henkel AG & Co. KGaA, Honeywell International Inc., Indium Corporation, Kitagawa Industries America Inc., Laird Technologies Inc. Momentive Performance Materials Inc., Parker-Hannifin Corporation, Zalman Tech Co. Ltd., etc.
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
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.
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