Thermal Interface Materials Market Overview, Merger and Acquisitions , Drivers, Restraints and Industry Forecast By 2027

The global Thermal Interface Materials  Market is projected to be worth USD 4,471.4 Million by 2027, according to a current analysis by Emergen Research. The thermal interface materials market is estimated to experience rapid growth by the year 2027. Growing demand for electronic devices with miniaturization, high-end processors with enhanced processing power, and high integration drives the product demand. Typically, a high-end processor, an essential electronic gives-off a large amount of heat, poses a significant challenge to the electronic devices’ overall performance and lifetime. Thermal interface materials with high thermal conductivity are beneficial in dissipating the generated heat, allowing the devices’ optimum operational efficiency. At present, thermal interface materials find widespread usage in electronic components’ IC packaging.

Thermal interface material is a vital interfacing media placed between the LED’s base-plate and the cooling system. Growing demand for LED and LED lighting is a significant factor in fueling the market growth. For instance, TV manufacturing firms focus simultaneously on HDR and WCG technology to improve viewing content aesthetics. For HDR, the primary demand is about NTSC 85.0%, which increases usage of LED for blue light emission. Further, the escalating demand for blue LED light in Quantum Dots is propelling the market demand.

Growing demand for compact electronic devices with enhanced processing capability is one of the significant factors influencing the market growth.

Thermal Interface Materials  Market Size – USD 2,033.6 Million in 2019, Market Growth – CAGR of 10.3%, Market Trends –Increasing sales of smartphones

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Key participants include Parker Hannifin Corporation, Indium Corporation, Dow Corning Corporation, 3M Company, Momentive Performance Materials, Wakefield-Vette, Inc., Laird Technologies Inc., Henkel AG & Co., KGaA, Zalman Tech Co. Ltd., and Bergquist Company Inc., among others.

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Greases & Adhesives

Tapes & Films

Gap Fillers

Phase Change Materials

Metal-Based Thermal Interface Materials

Others

In March 2019, the launch of m2TIMTM, a groundbreaking hybrid thermal interface material, was announced by Indium Corporation to deliver ultra-reliable conductivity for heat dissipation.

Phase change materials maintain a consistent temperature at its melting point while undergoing solid to liquid transition, enabling the material to offer exceptional temperature control between surfaces.

Graphite gaskets for use in the lighting industry are produced of the expanded sheet with low outgassing levels, leading to VOCs’ release responsible for causing reduced brightness. Graphite gaskets comprising metal foils finds usage in automotive engines with chip-on-board LEDs.

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

Online

Offline

Application Outlook (Revenue, USD Billion; 2017-2027)

Computers

Telecom

Consumer Durables

Automotive Electronics

Medical Devices

Industrial Machinery

Others

The latest market intelligence report, titled ‘Global Thermal Interface Materials   Market’, is intended to provide the target audience with the necessary information about the global Thermal Interface Materials   industry. The report comprises a detailed analysis of the vital elements of the Thermal Interface Materials   market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.

The report entails an organized database of the Thermal Interface Materials  market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Reports and Data, is a detail-oriented compilation of the crucial aspects of the Thermal Interface Materials   market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.

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Global Thermal Interface Materials  Market Report – Table of Contents:

Chapter 1 includes the global Thermal Interface Materials  market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.

Chapter 2 broadly categorizes the Thermal Interface Materials  market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.

Chapter 3 elaborates on the competitive outlook of the Thermal Interface Materials  market, focusing on the major manufacturers and vendor landscape.

Chapter 4 exhaustively studies the key manufacturers of the Thermal Interface Materials  industry, along with their anticipated sales and revenue shares.

Chapters 5 includes market segmentation based on product type, application range, and market players. 

Thermal Interface Materials   Market Segmentation by Region:
North America
Asia Pacific
Europe
Latin America
Middle East & Africa

Overview of the Thermal Interface Materials   Market Report:

Introduction, Product Scope, Market Overview, and Opportunities

Analysis of the Manufacturers with sales, revenue, and price analysis

Comprehensive analysis of the competitive landscape

Extensive profiling of the key competitors along with their business strategies and market size

Regional analysis of the market along with sales, revenue, market share, and global position

Country-wise analysis of the market along with types, applications, and manufacturing

Strategic recommendations to established players as well as new entrants

In-depth analysis of the risks, restraints, and limitations in the Thermal Interface Materials   industry

Read More:https://www.emergenresearch.com/industry-report/thermal-interface-materials-market

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Contact Information:

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Facebook | LinkdIn | Twitter | Blogs