The global Thermal Interface Material (TIM) market size is expected to reach USD 7.34 Billion in 2030 and register a revenue CAGR of 10.0% over the forecast period, according to latest analysis by Emergen Research. Thermal interface material market revenue growth is primarily driven by factors such as rapid industrialization in developing countries along with significantly high demand for consumer electronics globally. Also, increasing applications of TIM in industrial machinery is driving revenue growth of the market. Application of TIM in machinery helps to maintain low temperature of components by reducing heat transfer. This can be achieved through improved insulation or by using materials with high specific resistance properties.
Industry experts conducting the study further estimate the potential of the Thermal Interface Materials industry. Such information is important for firms looking to launch an innovative service or product on the market. Industry experts have measured the total volume of the given market. Researchers have calculated the industry in terms of sales by the competitors and end-user – customers. Data on the entire size of the Thermal Interface Materials market for a particular product or a service for the forecast period, 2020 to 2027 covered in the report makes it valuable. This information reveals the upper limit of the Thermal Interface Materials industry for a specific product or service.
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The leading market contenders listed in the report are:
Parker Hannifin Corporation, Indium Corporation, Dow Inc., 3M Company, Wakefield Thermal, Inc., DuPont De Nemours, Inc, Henkel AG & Co. KGaA, Fujipoly, Momentive, and Honeywell International Inc
Key reasons to buy the Global Thermal Interface Materials Market report:
- The latest report comprehensively studies the global Thermal Interface Materials market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Thermal Interface Materials Market
Product Type Outlook (Revenue, USD Billion; 2018–2030)
- Greases & Adhesives
- Tapes & Films
- Gap Fillers
- Phase Change Materials
- Metal-Based Thermal Interface Materials
- Others
Material Outlook (Revenue, USD Billion; 2018–2030)
- Silicone
- Epoxy
- Polyimide
- Others
Application Outlook (Revenue, USD Billion; 2018–2030)
- Computers
- Telecom
- Consumer Durables
- Automotive Electronics
- Medical Devices
- Industrial Machinery
- Others
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Regional Outlook of the Thermal Interface Materials Market
The global Thermal Interface Materials market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Thermal Interface Materials market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Thermal Interface Materials Market report:
- The latest report comprehensively studies the global Thermal Interface Materials market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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