Thermal Interface Materials Market Scenario
Growing LED market to propel the demand for thermal interface materials coupled with increasing demand for miniaturization of electronic devices are some of the major factors propelling the thermal interface materials market globally. Furthermore, high-performance thermal interface materials in the form of nanodiamonds is also one of the factor propelling the growth of thermal interface materials market. However, physical properties off-putting performance of thermal interface materials is one of the major factor expected to hamper the global growth of the thermal interface materials market.
Thermal Interface Materials Market Segmentation
The Thermal Interface Materials market is segmented by Chemistry, Type, Application and Geography. The Chemistry comprises of Epoxy, Polyimide, Silicone and Others. Furthermore, various Type studied in the report are Gap Fillers, Greases & Adhesives, Metal-Based Thermal Interface Materials, Phase Change Materials, Tapes & Films and Others. Moreover, thermal interface materials are used in various applications such as Automotive Electronics, Computers, Consumer Durables, Industrial Machinery, Medical Devices, Telecom and Others. Based on Geography, the thermal interface materials market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Thermal Interface Materials Market by Geography
Geographically, the Thermal Interface Materials market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, The Asia-Pacific thermal interface materials market is expected to witness high growth during the forecast period. Developed electronics industry, rising growth of aerospace and defense industry and Presence of established electronics manufacturers are propelling the thermal interface materials market in APAC.
Thermal Interface Materials Market Key Players
Some of the major players operating in the global thermal interface materials market includes 3M Company, Aremco Products INC., Dow Corning Corporation, Henkel AG & CO. KGAA, Honeywell International INC., Indium Corporation, Laird Technologies, INC., Momentive Performance Materials INC., Parker Hannifin Corporation, Schlegel Electronics Materials, Timtronics, Universal Science, Wakefield-Vette, INC. and Zalman Tech CO., LTD. These key players are trying to remain competitive in the market for thermal interface materials by exploiting economies of scale, expanding through acquisition and mergers, and joint ventures.
Thermal Interface Materials Market Report Key Benefits