Report Id: SNS/C&M/1525 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Thermal Interface Materials Market Size was valued at USD 3.1 billion in 2021, and is expected to reach USD 6.30 billion by 2028, and grow at a CAGR of 10.2% over the forecast period 2022-2028. Thermal Interface Materials (TIM) are not glamorous, but they are frequently used in a variety of electronic and energy storage applications. They are, indeed, all-encompassing. In terms of suppliers, material options, deposition techniques, applications, market requirements, and performance levels, they are truly a diverse technology. As a result, analysing them is challenging. The Thermal Interface Materials Market is expanding due to the rapid miniaturisation of electronic devices, the expansion of the LED market, and the increased use of TIMS in medical devices. The demand for phase change materials is expected to skyrocket during the forecast period.
Increasing demand for electronic devices.
Growing LED market
Teleconferencing and remote working are becoming increasingly popular.
Less availability of the raw materials.
Due to pandemic lack of transportation and labour.
The use of nanodiamonds.
High importance of electric vehicles
Number of raw materials.
Increase in the cost-effectiveness
Impact of covid-19:
The pandemic's spread has caused widespread devastation in the year 2020. Many governments had imposed a lockdown to prevent the spread of the pandemic, resulting in economic losses in many countries. The government also intends to distribute the vaccine throughout the world in order to protect people from the pandemic. In comparison to other markets, the Thermal Interface Materials Market has experienced less loss. Electronic devices and the usage of TIMS in medical devices are two of the primary drivers of demand in the Thermal Interface Materials Market.
Parker chomerics, Henkel corporation, Indium corporation, Momentive performance materials Inc, Dow Corning, Zalman tech corporation limited, Bergquist company, Laird technologies.
By Material Type
Tapes and films
Greases and adhesives
Phase change materials
North America is the market leader in Thermal Interface Materials. This is owing to the telecommunications and information technology sectors' expansion of the thermal interface. This growth in the Thermal Interface Materials Industry in North America is due to countries such as the United States, Canada, and Mexico. People are also realising the importance of thermal interfaces in their smartphones. As a result, the demand for thermal interfaces has increased in recent days.
The Thermal Interface Materials Industry is rapidly expanding in the Asia Pacific region. The Asia Pacific region is predicted to grow during the forecast period. This is due to the key players' desire to capture the attention of the Asian people.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 3.1 Billion|
|Market Size by 2028||US$ 6.30 Billion|
|CAGR||CAGR of 10.2% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By material type (Tapes and films, Elastomeric pads, Greases and adhesives, Phase change materials, Metal-based materials)
• By application (Telecommunication, Computer, Medical devices, Industrial machinery, Consumer durables, Automotive electronics, Others) Based on Chemistry (Silicone, Epoxy, Polyimide)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Parker chomerics, Henkel corporation, Indium corporation, Momentive performance materials Inc, Dow Corning, Zalman tech corporation limited, Bergquist company, Laird technologies,|
|DRIVERS||• Increasing demand for electronic devices.
• Growing LED market
• Teleconferencing and remote working are becoming increasingly popular.
|Restraints||• Less availability of the raw materials.
• Due to pandemic lack of transportation and labour.
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Telecommunication, Computer, Medical devices, Industrial machinery, Consumer durables, Automotive electronics and Others are the sub-segments of by application segment.
Ans: The pandemic's spread has caused widespread devastation in the year 2020. Many governments had imposed a lockdown to prevent the spread of the pandemic, resulting in economic losses in many countries. The government also intends to distribute the vaccine throughout the world in order to protect people from the pandemic. In comparison to other markets, the Thermal Interface Materials Market has experienced less loss. Electronic devices and the usage of TIMS in medical devices are two of the primary drivers of demand in the Thermal Interface Materials Market.
Ans: Increasing demand for electronic devices, Growing LED market and Teleconferencing and remote working are becoming increasingly popular are the drivers for Thermal Interface Materials Market.
Ans: Thermal Interface Materials Market Size was valued at USD 3.1 billion in 2021, and expected to reach USD 6.30 billion by 2028, and grow at a CAGR of 10.2 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Thermal Interface Materials Market Segment, By material type
8.1 Tapes and films
8.2 Elastomeric pads
8.3 Greases and adhesives
8.4 Phase change materials
8.5 Metal-based materials
9. Thermal Interface Materials Market Segment, By application
9.3 Medical devices
9.4 Industrial machinery
9.5 Consumer durables
9.6 Automotive electronics
10. Thermal Interface Materials Market Segment, Based on Chemistry
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Henkel corporation
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Bergquist company
12.3 Indium corporation
12.4 Parker chomerics
12.5 Dow Corning
12.6 Laird technologies
12.7 Momentive performance materials Inc
12.8 Zalman tech corporation limited
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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