SNS Insider Black Friday Offer
Thermal Interface Market

Thermal Interface Materials Market Size and Segment 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), by Regions and Global Forecast 2022-2028

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.

Thermal Interface Materials Market Revenue Graph

Market Dynamics:

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.

Opportunity:

  • The use of nanodiamonds.

  • High importance of electric vehicles

Challenge:

  • 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.

Key players:

Parker chomerics,  Henkel corporation, Indium corporation, Momentive performance materials Inc, Dow Corning, Zalman tech corporation limited, Bergquist company, Laird technologies.

Market Segmentation:

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

By Chemistry

  • Silicone

  • Epoxy

  • Polyimide

Thermal Interface Materials Market Segment Pie Chart

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Thermal Interface Materials Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

9.1 Telecommunication

9.2Computer

9.3 Medical devices

9.4 Industrial machinery

9.5 Consumer durables

9.6 Automotive electronics

9.7 Others

 

10. Thermal Interface Materials Market Segment, Based on Chemistry

10.1 Silicone

10.2 Epoxy

10.3 Polyimide

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profile

12.1 Henkel corporation

12.1.1 Financial

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.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.