The Global Thermal Interface Material Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Thermal Interface Material Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Thermal Interface Material Market industry pertaining to growth factors, opportunities and lucrhative business prospects, regions showing promising growth, and forecast estimation till 2021.
The size of the global Thermal Interface Material (TIM) market is anticipated to reach USD 7.34 billion in 2030 and post a revenue CAGR of 10.0% during the projected period. The global demand for consumer electronics combined with the quick industrialization of developing nations are the main drivers of the thermal interface material market's revenue growth. Moreover, growing TIM uses in industrial machines are fueling the market's revenue expansion. By decreasing heat transfer, the use of TIM in machinery keeps component temperatures low. Improved insulation or the use of materials with high specific resistance qualities can accomplish this.
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Other factors influencing the market's revenue growth include rising consumer dependence on consumer electronics and rising demand for smaller electronic products. The market for TIMs is being driven by the growing demand for the downsizing of electronic products, including mobile devices, touch screens displays, and medical devices. For instance, SABIC introduced a new line of Superflow ULTEM resins on November 4, 2021. These resins are used to enable connectors and Burn-in Test Sockets (BiTS) for electronic devices to be miniaturised.
Research Report on the Thermal Interface Material Market Addresses the Following Key Questions:
Who are the dominant players of the Thermal Interface Material market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Thermal Interface Material market?
What are the key growth drivers and restraining factors of the Thermal Interface Material market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Thermal Interface Material market and its key segments?
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Thermal Interface Material market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Major Companies in the Market Include:
Parker Hannifin Corp, Indium Corporation, Dow, 3M, Wakefield Thermal, Inc., DuPont, Henkel AG Co. KGaA, Fujipoly - Thermal Interface Materials, Momentive, Honeywell International Inc., SEMIKRON, and Linseis GmbH.
The report bifurcates the Thermal Interface Material market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Key Parameters Analyzed in This Section:
Product sales trends
Sales distribution channels
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Emergen Research has segmented the global thermal interface materials market based on product type, materials, application, distribution channel, and region:
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Greases Adhesives
- Tapes Films
- Gap Fillers
- Phase Change Materials
- Metal-Based Thermal Interface Materials
Material Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
- Consumer Durables
- Automotive Electronics
- Medical Devices
- Industrial Machinery
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
Regional Landscape section of the Thermal Interface Material report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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