Thermal Interface Materials Market is Expected to Hit $1.71 Billion By 2022: Credence Research has Published New Research Report Title “Global Thermal Interface Materials (Tapes & Films, Metal Based, Greases & Adhesives, Phase Change, Gap Fillers) Market for Automotive Electronics, Machinery, Telecom, Durables, Medical Devices, Computers Applications is Expected to Reach US$ 1.71 Bn by 2022”

According to a new market report published by Credence Research “Thermal Interface Materials Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the thermal interface materials market was valued US$ 0.74 Bn in 2015 and is expected to reach US$ 1.71 Bn by 2022, expanding at a CAGR of 12.0% from 2015 to 2022.

Market Insights:

Thermal interface materials portray any material which is inserted in between two parts to improve the thermal coupling of the materials. Several kinds of thermal interface materials exist which have different applications. Some of them include thermal glue, thermal grease, thermal gap filler, thermal adhesive and thermal pad. Thermal interface materials are used on a large scale in various end-user industries.

The major factor driving the growth of global thermal interface materials market is the high demand for thermal interface materials from various end-user industries worldwide. Rising demand for sophisticated electronics has boosted growth of global thermal interface market. Thermal interface materials play an important role in conventionally packaged electronic systems which also represent the highest thermal resistance. As vehicles incorporate more electrical and electronic devices, thermal management has become very important. Growing demand for seamless connectivity is another factor driving the growth of global thermal interface materials market.  As demand for wide reaching network and comprehensive wireless network is rising, the reliability is also expected to increase with improved quality. Hence, growing demand is reported for seamless connectivity worldwide. Growing LED market has also fueled market growth of thermal interface materials worldwide. LED has been the leading light technology as compared to CFL’s and other lights. Hence, thermal interface materials are gaining high demand in global market.

Browse the full Thermal Interface Materials (Tapes & Films, Metal Based, Greases & Adhesives, Phase Change, Gap Fillers, Others) Market for Automotive Electronics, Industrial Machinery, Telecom, Consumer Durables, Medical Devices, Computers and Others Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at

Competitive Insights:

Thermal interface materials market, on the basis of applications is segmented into automotive electronics, industrial, telecom, consumer durables, medical devices, computers and others. Among them, telecom accounted as the largest application segment of global thermal interface materials market. Consumer durables followed telecom in terms of demand and accounted as second largest application segment of thermal interface materials market. Automotive electronics accounted as the fastest growing application of global thermal interface materials market. Rising trend of advanced safety systems along with large number of technologies present in the market has led to the growth of global thermal interface materials market. Asia Pacific accounted as the largest consumer of automotive electronics and hence is expected to generate high demand for global thermal interface materials market.

Key Trends:

  • High demand from automotive electronics
  • Growing use in consumer durables
  • Rising demand from medical industry
  • Growing opportunities by deriving optimal costs for end-users

Latest Report:

Global Rare Earth Metals Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa. 

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.


Name: Chris Smith

Designation: Global Sales Manager


Ph: 1-800-361-8290

Web:  Credence Research


Media Contact
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Phone: 1-800-361-8290
Address:105 N 1st ST #429
State: California
Country: United States