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Thermal Interface Materials Market Size to Surpass $4.31 billion in 2027

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The thermal interface materials market revenue share is set to grow at a yearly rate of 11% during 2021-2027, while its valuation is Projected to jump from $ 2.1 billion in 2020 to $4.31 billion in 2027.

The thermal interface materials market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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This research report evaluates the thermal interface materials market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global thermal interface materials market for the period from 2017 to 2027.

Growth Factors

Presently, rising need for the thermal management system across various verticals significantly boosts the industry growth. The thermal management system helps in the smooth operation of electronic equipment. Besides this, rising demand from the medical device industry particularly in the North America and the Asia Pacific regions anticipated to propel the market growth over the analysis timeframe.

Furthermore, increasing demand for highly sophisticated and faster electronic devices has played an important role in escalating the market growth for thermal interface materials. In addition, requirement for energy efficient lighting solutions is the other prime factor that drives the market globally. Subsequently, rising electrification in the transportation industry is likely to offer immense opportunities for the growth over the forecast period. Hence, increasing demand for seamless connectivity across the globe expected to impart a robust future for the market.

Market Report Scope

Report Highlights Details
Market Size USD 4.31 Billion by 2027
Growth Rate CAGR of 11% from 2021 to 2027
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2027

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This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global thermal interface materials market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global thermal interface materials market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

Key Highlights

  • The Asia Pacific led the market with the highest revenue share of more than 37% in 2019 owing to the presence of large manufacturing base for various industries in the region
  • North America and Europe were the other most promising markets; however the sales in the region was deeply impacted with the outbreak of COVID-19
  • Greases & adhesives led the global market accounting for more than 35% value share in 2019 owing to its large application in consumer products along with high thermal resistance property
  • The elastomeric pads expected to possess significant value share in the market on the basis of its easy assembly compared to greases & adhesives
  • Phase change product exhibits the fastest growth rate during the analysis period attributed to its major application in construction activity
  • The computer application accounted for the maximum market share of more than 24.0% in 2019 because of its increasing utilization in offices
  • The telecom application expected to witness remarkable demand during the upcoming time period mainly due to the rising preference for a cashless and digital economy
  • The Asia Pacific dominated the industry with a value share of around 40% in 2019 because of the presence of significant number of manufacturing bases in the region.
  • North America and Europe contributed notable value share in the industry; however the sales in the region have prominently declined with the outbreak of the pandemic.

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Competition Landscape

In the final section of the research report, Precedence Research provided the global thermal interface materials market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the thermal interface materials market include:

  • Dow Corning Company
  • The 3M Company
  • Honeywell International, Inc.
  • Parker Chomerics
  • Indium Corporation
  • Henkel AG & Co, KGaA
  • Momentive Performance Materials, Inc.
  • GrafTech International Ltd.
  • Laird Technologies, Inc.
  • Fuji Polymer Industries Co., Ltd.
  • AIM Specialty Materials
  • Shin-Etsu Chemical Co. Ltd.
  • Wakefield-Vette, Inc.
  • DK Thermal
  • AOS Thermal Compounds LLC
  • SEMIKRON

Market Segmentation

By Product

  • Elastomeric Pads
  • Tapes & Films
  • Greases & Adhesives
  • Metal Based
  • Phase Change Materials
  • Others

By Application

  • Computer
  • Telecom
  • Medical Devices
  • Consumer Durables
  • Industry Machinery
  • Automotive Electronics
  • Others

Regional Segmentation

– North America (U.S. and Canada)

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

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Most Asked Questions –

What was the market size value of the thermal interface materials in 2020?

What is the expected market size by 2027?

What is the thermal interface materials market growth?

What are the key factors that positively influence market growth?

Who are the prominent players in the thermal interface materials market?

Why Buy this Report?

The purpose of Precedence Research’s thermal interface materials market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Thermal Interface Materials Market, By Product

7.1. Thermal Interface Materials Market, by Product Type, 2020-2027
7.1.1. Elastomeric Pads
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Tapes & Films
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Greases & Adhesives
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Metal Based
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Phase Change Materials
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Thermal Interface Materials Market, By Application

8.1. Thermal Interface Materials Market, by Application, 2020-2027
8.1.1. Computer
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Telecom
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Medical Devices
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Consumer Durables
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Industry Machinery
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Automotive Electronics
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Thermal Interface Materials Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)

Chapter 10. Company Profiles

10.1. Dow Corning Company
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. The 3M Company
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Honeywell International, Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Parker Chomerics
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Indium Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Henkel AG & Co, KGaA
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Momentive Performance Materials, Inc.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. GrafTech International Ltd.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Laird Technologies, Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Fuji Polymer Industries Co., Ltd.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. AIM Specialty Materials
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. Shin-Etsu Chemical Co. Ltd.
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives
10.13. Wakefield-Vette, Inc.
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent Initiatives
10.14. DK Thermal
10.14.1. Company Overview
10.14.2. Product Offerings
10.14.3. Financial Performance
10.14.4. Recent Initiatives
10.15. AOS Thermal Compounds LLC
10.15.1. Company Overview
10.15.2. Product Offerings
10.15.3. Financial Performance
10.15.4. Recent Initiatives
10.16. SEMIKRON
10.16.1. Company Overview
10.16.2. Product Offerings
10.16.3. Financial Performance
10.16.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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