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Thermal Interface Materials Market Size (US$ 5.03 Billion By 2027), Key Player, Growth And Forecast Report

02-22-2023 02:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Thermal Interface Materials Market

Thermal Interface Materials Market

According to IMARC Group's latest report, titled "๐“๐ก๐ž๐ซ๐ฆ๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ซ๐Ÿ๐š๐œ๐ž ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•", the global thermal interface materials market reached a value of US$ 2.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.03 Billion by 2027, exhibiting at a CAGR of 9.7% during 2022-2027.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/thermal-interface-material-market/requestsample

Thermal interface materials (TIMs) refer to products inserted between two heat-producing devices to facilitate heat dissipation and enhance thermal coupling. Some commonly utilized TIMs include adhesive tapes, phase-change materials, potting compounds, liquid adhesives, and gels and greases. They are manufactured using silicone and include a base material with added fillers to increase thermal conductivity. TIMs offer a thick bond line that provides effective heat transfer while enhancing the performance and shelf life of electronic devices. They exhibit high thermal and electrical conductivity and assist in addressing heat transfer and mechanical fixation problems. As a result, these materials find extensive applications in manufacturing semiconductor packaging, power electronics, automobile components, and communication and consumer devices.

Thermal Interface Materials Market Trends:

The increasing demand for consumer electronic devices across the globe is driving the market growth. TIMs are widely used for transferring heat between microprocessors and heat sinks in integrated circuits. Additionally, the widespread product utilization to manufacture energy-efficient, compact, and durable light-emitting diode (LED) lights used in residential and industrial sectors is acting as another growth-inducing factor. Other factors, including extensive product application in the automotive industry, increasing demand for miniaturized devices, and extensive research and development (R&D) activities, are anticipated to drive the market growth.

๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=2187&method=1

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape with Key Players:

The report has also analysed the competitive landscape of the market with some of the key players.

โ€ข 3M Company
โ€ข Dow Inc.
โ€ข Henkel AG & Co. KGaA
โ€ข Honeywell International Inc.
โ€ข Indium Corporation
โ€ข Kitagawa Industries America Inc.
โ€ข Laird Technologies Inc.
โ€ข Momentive Performance Materials Inc.
โ€ข Parker-Hannifin Corporation
โ€ข Zalman Tech Co. Ltd.

Key Market Segmentation:

The report has categorized the market based on product typeย and application.

Breakup by Product Type:

โ€ข Tapes and Films
โ€ข Elastomeric Pads
โ€ข Greases and Adhesives
โ€ข Phase Change Materials
โ€ข Metal Based Materials
โ€ข Others

Breakup by Application:

โ€ข Telecom
โ€ข Computer
โ€ข Medical Devices
โ€ข Industrial Machinery
โ€ข Consumer Durables
โ€ข Automotive Electronics
โ€ข Others

Breakup by Region:

โ€ข North America (United States, Canada)
โ€ข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โ€ข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โ€ข Latin America (Brazil, Mexico, Others)
โ€ข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚ & ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: https://www.imarcgroup.com/request?type=report&id=2187&flag=C

Key highlights of the report:ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 

โ€ข Market Performance (2016-2021)
โ€ข Market Outlook (2022-2027)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข 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.

Related Reports by IMARC Group:

Gaskets and Seals Market- https://www.digitaljournal.com/pr/news/gaskets-and-seals-market-size-trends-key-players-and-forecast-2023-2028

Latin America Two-wheeler Market- https://www.digitaljournal.com/pr/news/latin-america-two-wheeler-market-trends-growth-factor-and-opportunity-2023-2028

Precision Gearbox Market- https://www.digitaljournal.com/pr/news/precision-gearbox-market-growth-outlook-trends-analysis-and-forecast-by-2027

India Aluminium Cans Market- https://www.digitaljournal.com/pr/news/india-aluminium-cans-market-size-trends-growth-analysis-and-opportunity-to-2027

United States E-learning Market- https://www.digitaljournal.com/pr/news/united-states-e-learning-market-size-share-technology-provider-and-analysis-by-2027

Contact Us:

IMARC Group

134 N 4th St.

Brooklyn, NY 11249, USA

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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