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Thermal Interface Material Market: A Comprehensive Study of the Industry

The latest market intelligence report, titled ‘Global Thermal Interface Material Market’, is intended to provide the target audience with the necessary information about the global Thermal Interface Material Market industry. The report comprises a detailed analysis of the vital elements of the Thermal Interface Material 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 Material Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.

The size of the global Thermal Interface Material (TIM) market is anticipated to increase at a revenue CAGR of 10.0% from 2017 to 2030, reaching USD 7.34 billion. The global demand for consumer electronics combined with the quick industrialization of developing nations are the main drivers of the thermal interface material market's revenue growth. Additionally, growing TIM applications in industrial machinery are fueling the market's revenue expansion. By decreasing heat transfer, the use of TIM in machinery keeps component temperatures low. Improved insulation or the use of materials with high specific resistance qualities can accomplish this.

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Other factors influencing the market's revenue growth include rising consumer dependence on consumer electronics and rising demand for miniaturised electronic devices. The market for TIMs is being driven by the growing demand for the miniaturisation of electronic products, including mobile devices, touch screens & displays, and medical equipment. For instance, SABIC introduced a new line of Superflow ULTEM resins on November 4, 2021. These resins are used to enable connectors and Burn-in Test Sockets (BiTS) for electronic devices to be miniaturised.

COVID-19 Impact Analysis:

This report is the latest document encompassing the massive changes that took place in the Thermal Interface Material market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Thermal Interface Material market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Thermal Interface Material industry.

Target Audience of the Global Thermal Interface Material Market Report:

Key Market Players

Investors

Venture capitalists

Small- and medium-sized and large enterprises

Third-party knowledge providers

Value-Added Resellers (VARs)

Global market producers, distributors, traders, and suppliers

Research organizations, consulting companies, and various alliances interested in this sector

Government bodies, independent regulatory authorities, and policymakers

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Thermal Interface Material market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Major companies in the market report include Parker Hannifin Corp, Indium Corporation, Dow, 3M, Wakefield Thermal, Inc., DuPont, Henkel AG & Co. KGaA, Fujipoly - Thermal Interface Materials, Momentive, Honeywell International Inc., SEMIKRON, and Linseis GmbH.

Emergen Research has segmented the global thermal interface materials market based on product type, materials, application, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2019–2030)
Greases & Adhesives
Tapes & Films
Gap Fillers
Phase Change Materials
Metal-Based Thermal Interface Materials
Others
Material Outlook (Revenue, USD Billion; 2019–2030)
Silicone
Epoxy
Polyimide
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Computers
Telecom
Consumer Durables
Automotive Electronics
Medical Devices
Industrial Machinery
Others
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
Online
Offline
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Additional information offered by the report:

Along with a complete overview of the global Thermal Interface Material market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

The report elaborates on the global Thermal Interface Material market size and share governed by the major geographies.

It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

It further presents a detailed description of the company profiles of the key market contenders.

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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