Thermal Interface Materials Market 2021-2026; Industry Size, Scope, Growth Drivers, Upcoming Trends, Top Companies, Scope, Challenges and Opportunities

According to IMARC Group’s latest report, titled “Thermal Interface Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global thermal interface materials market reached a value of US$ 2.80 Billion in 2020. Looking forward, IMARC Group expects the global market has huge potential for growth during 2021-2026.

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
Elastomeric Pads
Greases and Adhesives
Phase Change Materials
Metal Based Materials
Others

Breakup by Application:
Telecom
Computer
Medical Devices
Industrial Machinery
Consumer Durables
Automotive Electronics
Others

Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Explore full report with table of contents: https://www.imarcgroup.com/thermal-interface-material-market

Competitive Landscape:

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 Trends
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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