Thermal Interface Materials Market worth $4.6 billion by 2025 | Key players operating in the market include Honeywell, 3M, Henkel, Parker Hannifin Corp, Dow Corning Corp

According to recent market research "Thermal Interface Materials Market by Chemistry (Silicone, Epoxy, Polyimide), Type (Greases & adhesives, Tapes & Films, Gap Fillers, others), Application (Computers, Telecom, Consumer Durables, Medical Devices, others), and Region - Global Forecast to 2025", The global thermal interface materials market size is estimated at USD 2.8 billion in 2020 and is projected to reach USD 4.6 billion by 2025, at a CAGR of 10.4%. The thermal interface materials market is witnessing high growth owing to increasing demand for miniaturization of electronic devices, growing LED market, and increasing use of TIMs in end-use industries.

Browse 203 market data Tables and 75 Figures spread through 231 Pages and in-depth TOC on "Thermal Interface Materials Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/thermal-interface-material-market-13483121.html

The thermal interface materials market is segmented on the basis of chemistry into silicone, epoxy, polyimide, and others. Silicone is largest and is expected to witness the fastest growth rate due to its superior properties such as temperature variation stability, vibration & shock resistance, stability to mechanical stress, and resistance to chemical attack. This factor is driving the demand for cotton in the thermal interface materials market.

The thermal interface materials market is segmented on the basis of type into greases & adhesives, tapes & films, gap fillers, metal based TIMs, phase change materials, and others. Greases & adhesives is largest type owing to the easy to use and its increased use in various applications such as mobile phones, PCs, server CPUs, engine & transmission control modules, memory modules, power conversion equipment, and others.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=13483121

The global thermal interface materials market size is estimated at USD 2.8 billion in 2020 and is projected to reach USD 4.6 billion by 2025, at a CAGR of 10.4%, between 2020 and 2025. Thermal interface materials fill the small voids and imperfections between heat sinks and heat sources to minimize the thermal resistance. TIMs are used to bond the two components and eliminate air gaps from the interface, creating a thermally conductive bond that efficiently transfers heat from the critical operating components of the device. TIMs are used in various applications such as computers, telecom, consumer durables, medical devices, automotive electronics, industrial machinery, and others.

The key players in the antimicrobial hospital textiles market are Honeywell International Inc. (US), 3M (US), Henkel AG & Co. KGaA (Germany), Parker Hannifin Corporation (US), Dow Corning Corporation (US), Laird Technologies (US), Momentive Performance Materials (US), Indim Corporation (US), Wakefield-Vette (US), Zalma Tech Co. Ltd. (South Korea). The thermal interface materials market report analyzes the key growth strategies adopted by the leading market players, between 2014 and 2020, which include expansions, merger & acquisition, new product developments, and collaborations.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=13483121

Honeywell International Inc. (US) operates as a diversified technology and manufacturing company. It operates through three business segments: aerospace, automation control solutions, and performance materials & technologies. The company offers TIMs through its performance materials & technologies segment. The company has a wide global presence in the North America, South America, Europe, and APAC.

3M (US) company is primarily engaged in offering a broad spectrum of products, including adhesives, bonding materials, coatings, and specialty materials. The company operates through five business segments, namely, industrial, safety & graphics, electronics & energy, healthcare, and consumer. 3M Company has a wide geographical presence with operations in more than 65 countries. The company offers TIMs through its electronics and energy segment. 3M operates globally through its subsidiaries such as 3M Canada, 3M Netherlands, 3M Russia, and Scientific Anglers among others.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/thermal-interface-material.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/thermal-interface-material-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.