Global Polymer Based Thermal Interface Materials (TIM) Market 2017 - Industry Analysis and Forecast to 2022

Thermal interface material (TIM) is any material that is introduced between two components in order to improve the thermal blend between these two parts. The polymer based materials employed for sustaining heat drop to eliminate heat from the heat sources in a variety of equipment are referred as Polymer based thermal interface materials (TIM). They are normally used in a secondary thermally conductive material form to restore the thermally isolating air among the two surfaces. Also helping in the effective removal of heat, thermal interface materials (TIM) also plays a role of adhesive agent and reinforces the mechanical connection between the surfaces. To facilitate the elimination of overheating in electronic equipment, TIM enhances the heat conduction between a heat spreader and hot component; hence heat releasing took place efficiently to a large surface area. Polymer-based thermal interface materials are the most commonly used thermal interface materials, and due to their great adhesive and conductive properties, they find widespread utilization for thermal management solutions in diverse industrial sectors, involving automotive industry, telecom industry, electrical and lighting industry, electronics and energy industry, the computer industry and others.

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The global polymer based thermal interface materials (TIM) market is anticipated to grow at significant pace during the forecast period of 2017 to 2022 with prominent compound annual growth rate. Thermal interface materials have prospective application in the electronics industry owing to their effective heat transmitting characteristic will propel the growth of the global market for them. In information technology and telecommunication applications, thermal interface materials have a wide role for cooling functions. They are extensively used to improve heat conductivity in computer parts such as hard disks, CPU, chipsets, and graphic cards. From such heat sensible computer parts, heat is dissipated by thermal interface materials in the heat drop coolers. Thermal interface materials are also employed in LED lights utilized in the automobile industry to get a brighter light with energy effectiveness. Thermal interface materials also have application in the shipping and transport industry. Use of electric vehicles in transportation needs an effective thermal management system, which encourages extensive use of thermal interface materials. Advanced medical equipment and lasers used in the medical sector also employ the heat management solution rendered by thermal interface materials. Owing to all these factors above, the demand for thermal interface materials (TIM) will increase extensively which will boost the growth of the global polymer based thermal interface materials (TIM) market.

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The key market players for the global polymer based thermal interface materials (TIM) market are Aochuan Technology Co., Ltd., Dow Corning Corporation, DMC Global, Inc., Henkel AG & Company, KGaA, HFC Company LLC, Honeywell International, Inc., Momentive Performance Materials, Inc., Laird Technologies Limited, Kingbali New Material (Huizhou) Co., Ltd., 3M, Hubei Huitian New Materials Co., Ltd., SemikronElektronikGmbh& Co. KG, Aavid Thermal Technologies, Inc., AI Technology, Inc., and Shin-Etsu Chemical Co., Ltd. By application, the market industry is split into; Telecom Industry, Lighting Industry, Energy Industry, Computer Industry and others. According to types, the polymer based thermal interface materials market is classified as Polymer Based Thermal Sheet, Polymer Based Thermal Liquid, Polymer Based Thermal Tapes and others. Geographically, the global market is segmented into regions which are; Asia-Pacific (India, China, Southeast Asia, Korea, and Japan), South America (Argentina, Columbia and Brazil), North America (Mexico, Canada and USA), Europe (Italy, France, Russia, UK and Germany) and Middle East and Africa (Egypt, UAE, Nigeria, South Africa and Saudi Arabia).

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