Thermal Interface Materials Market - Size, Share, Trends and Forecast 2015 – 2023

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Thermal Interface Materials Market Global Industry Analysis, Size, Share,
Trends and Forecast 2015 - 2023
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Thermal
Interface Materials Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 - 2023” This report
likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Thermal interface materials (TIM) are materials with high thermal conductivity, which act as an interface between the heat sink
and the heat source. The heat sink removes heat from heat source with the help of thermal interface materials. The process
involves removal of heat and release into the ambient environment by replacing the thermally insulating air between two
surfaces. Thermal interface materials possess some key properties, such as high thermal conductivity, minimum thickness, and
no leakage from the interface, which help them to deliver high thermal performance. Moreover, they add mechanical strength to
the interface between the heat sink and heat source. Thermal interface materials remove the interstitial air or gap from the
junction which acts as an insulator. They increase the conduction of heat between the surfaces in various electronic equipments.
In order to eliminate overheating in electronic equipment, they increase the conductivity of heat between a hot component and
heat spreader, thus efficiently releasing the heat to a large surface area. Thermal interface materials (TIM) can be found in the
form of: thermal grease, phase change materials, soft metal foils, elastomeric pads, adhesives, thermal gels, pastes and liquids,
graphite, solder, liquid metals, etc.
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Thermal interface materials have potential application in the electronics industry due to their efficient heat transferring function.
In telecommunication and information technology applications, thermal interface materials have extensive use for cooling
purposes. They are widely used to enhance heat conductivity in computer components such as CPU, graphic cards, hard disks,
and chipsets. From such heat sensitive computer components, heat is dispersed by thermal interface materials in the heat sink
coolers. Thermal interface materials are also used in LED lights used in the automotive industry to get brighter light with energy
efficiency. Thermal interface materials have significant application in the transportation industry. Use of electronic vehicles in
transportation requires an efficient thermal management system, which promotes wide use of thermal interface materials.
Advanced medical instruments and medical lasers also use the heat management solution provided by thermal interface
materials. In addition to this, industrial computing, defense and aerospace devices, consumer electronics, and wireless
networking are the major application segments for thermal interface materials.
The global market for thermal interface materials is dominated by North America, followed by Asia Pacific. The huge growth of
telecommunication and information technology in North America has generated a healthy market for thermal interface
materials. In the next few years, a growing trend is anticipated to continue. Asia Pacific has witnessed tremendous growth in the
information technology and communication industry over the past few years, leading to a rising demand for thermal interface
materials. As a result of that a mature market has emerged in the developing countries such as China, Japan, South Korea, and
India in recent years. With the enhancement of end-user industries, this region is expected to show excellent market growth
over the forecast period. Europe is also a growing market for thermal interface materials with the third largest share in the
global market. A rising market trend is predicted to continue over the next few years. The Middle East and Africa, and Latin
America are emerging markets in TIM with substantial industrial growth in recent years in these regions.
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Demand for thermal interface materials is being driven largely by the requirement for faster computing. Increasing global
awareness about energy efficient lighting systems is increasing the use of LED lights over conventional lights, which in turn is
driving the use of thermal interface materials in market. Furthermore, advancement in the medical industry is supporting the
rapid growth of the thermal interface materials market.
Some of the major players that manufacture thermal interface materials include Parker Chomerics, Indium Corporation,
Dow Corning, Laird Technologies, Henkel AG & Co. KGaA, Honeywell International Inc., and Zalman Tech Co.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
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North America
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Asia Pacific
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Europe
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Middle East and Africa
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Latin America
This report provides comprehensive analysis of
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Market growth drivers
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Factors limiting market growth
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Current market trends
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Market structure
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Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
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This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
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It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Global Market for Thermal Interface Materials is dominated by North America, followed by Asia Pacific. The huge growth of telecommunication and information technology in North America has generated a healthy market for thermal interface materials