The growth of the Thermal interface materials market is driven by the increasing need for thermal management which is required for the effective and efficient operations of all the electronic equipment. The thermal interface materials market is also expected to be driven by the emerging trend of energy efficient energy solutions across all industry verticals such as computers and automotive among others. The boom in the adoption of smart vehicles with the increasing awareness about the harmful emissions from the vehicles is also driving the need for the increased use of the thermal interface materials.
Thermal Interface Materials Market Leading Players:
- 3M Company
- Henkel Corporation
- Bergquist Company
- Indium Corporation
- Parker Chomerics
- Dow Corning
- Laird Technologies
- Momentive Performance Materials Inc.
- Zalman Tech Co., Ltd.
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Thermal Interface Materials Market Segmental Analysis:
The report has been analyzed based on the type, application and regions.
Amongst all types, the greases and adhesives segment is expected to dominate the thermal interface materials market. The growth can be attributed to the increase in use of greases and adhesives by the original equipment manufacturers owing to its properties such as heat spreader, flow ability and ability of minimizing the roughness of all the surfaces. The use of the greases and adhesives is also increasing with the advantages provided by its use such as ability of reworking, ability to form ultra-thin bond lines, low thermal resistance and the low cost of the materials. This materials need not be converted into sheets before use in various applications and to cut it into various shapes, which ensures low manufacturing costs of greases and adhesives and thereby the increase in the usage of greases and adhesives as thermal interface materials.
Based on applications, the thermal interface materials market can be segmented as telecommunications, computer, automotive, industrial machinery and others. The computer segment is expected to grow rapidly with the increase in use of thermal interface materials in various parts of the device such as CPU, hard disk and chip set among others. The thermal interface materials help in the removal of extra heat from the components of the device and to ensure that the computer operates in an efficient manner in the prescribed operating temperature.
Market Research Insights:
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global thermal interface materials market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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Thermal Interface Materials Market Geographical Analysis:
The Asia-Pacific region is expected to grow rapidly in the Thermal interface materials market owing to the increased production activities specifically in the automotive industry. In the developing countries such as India, the undertaking of various government initiatives such as make in India is leading to boom of various manufacturing industries, thereby leading to an increased use of thermal interface materials. The improvements in the medical industry in the region owing to the increasing healthcare concerns and rapid urbanization is further leading to the growth of the thermal interface materials market in the Asia-Pacific region.
In North America region, the market is expected to be driven by the rapid growth in the automotive industry owing to the initiatives undertaken for achieving fuel efficiency and the green policy introduced by the government.
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