Home / Advanced Materials / Thermal Interface Materials Market By Product (Tapes & Films, Metal Based, Greases & Adhesives, Phase Change, Gap Fillers, Others), Application ( Automotive Electronics, Industrial Machinery, Telecom, Consumer Durables, Medical Devices, Computers and Others Applications) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022

Thermal Interface Materials Market By Product (Tapes & Films, Metal Based, Greases & Adhesives, Phase Change, Gap Fillers, Others), Application ( Automotive Electronics, Industrial Machinery, Telecom, Consumer Durables, Medical Devices, Computers and Others Applications) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022

Published: Jun 2016 | Report Code: 57933-06-16

The global thermal interface materials market is anticipated to grow at a CAGR of 12.0% during 2015 to 2022. The major factors driving the market are high demand of products in various end-users industries such as automotive electronics, telecom, industrial machinery, medical devices and consumer durables and others. Telecom and automotive electronics are the major end-user segments of thermal interface materials market. Telecom accounted as the largest application segment and automotive electronics accounted as the fastest growing application of global thermal interface materials market. Rising demand from sophisticated electronics is the major factor driving the growth of global thermal interface materials market. Continuous change and development in demand for sophisticated and smart electrical and electronics devices in the end-user industries is boosting demand for thermal interface materials in the market.

Based on type, the thermal interface materials market was segmented into tapes & films, metal based thermal interface, greases & adhesives, phase change materials, gap fillers and others. Among these, metal based thermal interface materials accounted for the largest share of global thermal interface materials market in 2015 and is expected to boost market demand in the near future. Phase change materials accounted as the fastest growing market worldwide due to high demand from the sector. Other types of thermal interface materials are also projected to boost market growth of thermal interface materials market in the near future.

Thermal interface materials market is expected to reach over US$ 1,711.0 Bn by 2022, growing at a CAGR of 12.0% during the forecast period 2015-2022.

Thermal Interface Materials Market

Purpose of the Report

The purpose of this strategic research study titled “Global Thermal Interface Materials Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global thermal interface materials market.

Target Audience

  • Industry Investors
  • Thermal Interface Materials Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Thermal Interface Materials Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global thermal interface materials market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on type and applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading thermal interface materials vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within thermal interface materials industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global thermal interface materials market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

CHAP 1. METHODOLOGY AND SCOPE 15
1.1. RESEARCH METHODOLOGY 15
1.2. RESEARCH SCOPE & ASSUMPTIONS 16
1.3. LIST OF DATA SOURCES 16

CHAP 2. EXECUTIVE SUMMARY 18
2.1. GLOBAL THERMAL INTERFACE MATERIALS MARKET SUMMARY & KEY BUYING CRITERIA 18
2.2. GLOBAL THERMAL INTERFACE MATERIALS MARKET OUTLOOK 21
2.3. MARKET SEGMENTATION ANALYSIS 22
2.4. MARKET SIZE AND GROWTH PROSPECTS 2012-2022 23
2.5. GLOBAL THERMAL INTERFACE MATERIALS MARKET VALUE CHAIN ANALYSIS 24
2.6. VENDOR LANDSCAPE 28

CHAP 3. GLOBAL THERMAL INTERFACE MATERIALS MARKET 30
3.1. MARKET DRIVER ANALYSIS 30
3.1.1. RISING DEMAND FOR SOPHISTICATED ELECTRONICS 30
3.1.2. ELECTRIFICATION OF TRANSPORTATION INDUSTRY 30
3.1.3. INCREASING NEED FOR SEAMLESS CONNECTIVITY 36
3.1.4. GROWING LED MARKET 37
3.1.5. WIDE INDUSTRIAL APPLICATION 37
3.2. MARKET RESTRAINT ANALYSIS 38
3.2.1. PERFORMANCE LIMITED BY PHYSICAL PROPERTIES 38
3.2.2. HIGH USAGE OF THERMAL INTERFACE MATERIAL 40
3.3. KEY OPPORTUNITIES 41
3.3.1. APPLICATION OF CARBON NANOTUBES AS HEAT SINKS 41
3.3.2. APPLICATION AS NANODIAMONDS 42
3.4. CHALLENGES 42
3.4.1. DERIVING OPTIMAL OPERATING COSTS FOR END USERS 42
3.4.2. GROWING COMPETITION AND CONCENTRATION ON DEMAND 44

CHAP 4. INDUSTRY ANALYSIS 45
4.1. GLOBAL THERMAL INTERFACE MATERIALS MARKET– PORTER’S FIVE FORCE MODEL 45
4.2. GLOBAL THERMAL INTERFACE MATERIALS MARKET– PESTEL ANALYSIS 47
4.3. GLOBAL THERMAL INTERFACE MATERIALS MARKET– GAP ANALYSIS 51

CHAP 5. GLOBAL THERMAL INTERFACE MATERIALS MARKET BY APPLICATION 2012-2022 ($ MILLION) 52
5.1. GLOBAL THERMAL INTERFACE MATERIALS IN AUTOMOTIVE ELECTRONICS MARKET 2012-2022 ($ MILLION) 53
5.2. GLOBAL THERMAL INTERFACE MATERIALS IN INDUSTRIAL MACHINERY MARKET 2012-2022 ($MILLION) 56
5.3. GLOBAL THERMAL INTERFACE MATERIALS IN TELECOM MARKET 2012-2022 ($ MILLION) 59
5.4. GLOBAL THERMAL INTERFACE MATERIALS IN CONSUMER DURABLES MARKET 2012-2022 ($ MILLION) 64
5.5. GLOBAL THERMAL INTERFACE MATERIALS IN MEDICAL DEVICES MARKET 2012-2022 ($ MILLION) 68
5.6. GLOBAL THERMAL INTERFACE MATERIALS IN COMPUTERS MARKET 2012-2022 ($ MILLION) 72
5.7. GLOBAL THERMAL INTERFACE MATERIALS IN OTHERS MARKET 2012-2022 ($ MILLION) 75

CHAP 6. GLOBAL THERMAL INTERFACE MATERIALS MARKET BY TYPE 2012-2022 ($ MILLION) 78
6.1. GLOBAL TAPES & FILMS MARKET 2012-2022 ($ MILLION) 79
6.2. GLOBAL METAL-BASED THERMAL INTERFACE MATERIALS MARKET 2012-2022 ($ MILLION) 82
6.3. GLOBAL GREASES & ADHESIVES MARKET 2012-2022 ($ MILLION) 86
6.4. GLOBAL PHASE CHANGE MATERIALS MARKET 2012-2022 ($ MILLION) 91
6.5. GLOBAL GAP FILLERS MARKET 2012-2022 ($ MILLION) 94
6.6. GLOBAL OTHERS MARKET 2012-2022 ($ MILLION) 99

CHAP 7. GLOBAL THERMAL INTERFACE MATERIALS MARKET, REGIONAL OUTLOOK 2012-2022 ($MILLION) 103
7.1. GLOBAL THERMAL INTERFACE MATERIALS MARKET BY REGION 2012-2022 ($ MILLION) 103
7.2. NORTH AMERICA 104
7.2.1. NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 104
7.2.2. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 105
7.2.3. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 106
7.2.3.1. U.S. 108
7.2.3.2. CANADA 111
7.2.3.3. MEXICO 114
7.3. EUROPE 117
7.3.1. EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 117
7.3.2. EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 118
7.3.3. EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 119
7.3.3.1. GERMANY 121
7.3.3.2. UK 126
7.3.3.3. FRANCE 129
7.3.3.4. SPAIN 132
7.3.3.5. REST OF EUROPE 134
7.4. ASIA PACIFIC 136
7.4.1. ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20 136
7.4.2. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 137
7.4.3. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 138
7.4.3.1. CHINA 140
7.4.3.2. INDIA 144
7.4.3.3. JAPAN 148
7.4.3.4. SOUTH KOREA 151
7.4.3.5. OTHERS 154
7.5. MIDDLE EAST & AFRICA 157
7.5.1. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 157
7.5.2. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 159
7.6. LATIN AMERICA 160
7.6.1. LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 160
7.6.2. LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 161
7.6.2.1. BRAZIL 163

CHAP 8. COMPETITIVE LANDSCAPE 165
8.1. 3M COMPANY 165
8.1.1. COMPANY OVERVIEW 165
8.1.2. SCOT ANALYSIS 166
8.1.3. PRODUCT BENCHMARKING 166
8.2. PARKER HANNIFIN CORPORATION 167
8.2.1. COMPANY OVERVIEW 167
8.2.2. SCOT ANALYSIS 168
8.2.3. PRODUCT BENCHMARKING 168
8.2.4. STRATEGIC INITIATIVES 169
8.3. THE BERGQUIST COMPANY, INC. (NOW A PART OF HENKEL AG & CO.) 170
8.3.1. COMPANY OVERVIEW 170
8.4. LAIRD TECHNOLOGIES, INC 171
8.4.1. COMPANY OVERVIEW 171
8.4.2. SCOT ANALYSIS 172
8.4.3. PRODUCT BENCHMARKING 172
8.4.4. STRATEGIC INITIATIVES 173
8.5. WAKEFIELD-VETTE, INC. 174
8.5.1. COMPANY OVERVIEW 174
8.5.2. SCOT ANALYSIS 174
8.5.3. PRODUCT BENCHMARKING 175
8.5.4. STRATEGIC INITIATIVES 175
8.6. HONEYWELL INTERNATIONAL INC. 176
8.6.1. COMPANY OVERVIEW 176
8.6.2. SCOT ANALYSIS 177
8.6.3. PRODUCT BENCHMARKING 177
8.7. HENKEL AG & CO. KGAA 178
8.7.1. COMPANY OVERVIEW 178
8.7.2. SCOT ANALYSIS 178
8.7.3. PRODUCT BENCHMARKING 179
8.7.4. STRATEGIC INITIATIVES 180
8.8. DOW CORNING CORPORATION 181
8.8.1. COMPANY OVERVIEW 181
8.8.2. SCOT ANALYSIS 181
8.8.3. PRODUCT BENCHMARKING 182
8.8.4. STRATEGIC INITIATIVES 182
8.9. INDIUM CORPORATION 183
8.9.1. COMPANY OVERVIEW 183
8.9.2. SCOT ANALYSIS 183
8.9.3. PRODUCT BENCHMARKING 184
8.9.4. STRATEGIC INITIATIVES 184
8.10. MOMENTIVE PERFORMANCE MATERIALS INC. 185
8.10.1. COMPANY OVERVIEW 185
8.10.2. SCOT ANALYSIS 185
8.10.3. PRODUCT BENCHMARKING 186
8.10.4. STRATEGIC INITIATIVES 186
8.11. ZALMAN TECH CO., LTD. 187
8.11.1. COMPANY OVERVIEW 187
8.11.2. SCOT ANALYSIS 188
8.11.3. PRODUCT BENCHMARKING 188
8.12. AAVID THERMALLOY LLC 190
8.12.1. COMPANY OVERVIEW 190
8.12.2. SCOT ANALYSIS 191
8.12.3. PRODUCT BENCHMARKING 191
8.12.4. STRATEGIC INITIATIVES 192
8.13. EPIC RESINS 193
8.13.1. COMPANY OVERVIEW 193
8.13.2. SCOT ANALYSIS 194
8.13.3. PRODUCT BENCHMARKING 195
8.14. MASTER BOND 197
8.14.1. COMPANY OVERVIEW 197
8.14.2. SCOT ANALYSIS 198
8.14.3. PRODUCT BENCHMARKING 198
8.14.4. STRATEGIC INITIATIVES 199
8.15. STOCKWELL ELASTOMERICS, INC. 200
8.15.1. COMPANY OVERVIEW 200
8.15.2. SCOT ANALYSIS 201
8.15.3. PRODUCT BENCHMARKING 201

TABLE LIST

TABLE 1 GLOBAL THERMAL INTERFACE MATERIAL MARKET 2012-2022 ($ MILLION) 18
TABLE 2 VEHICLE ELECTRIFICATION STANDARDS 31
TABLE 3 WORLD’S THERMAL INTERFACE OPTIONS WITH PROS AND CONS 39
TABLE 4 GLOBAL THERMAL INTERFACE MATERIALS MARKET BY APPLICATION 2012-2022 ($ MILLION) 52
TABLE 5 CONCERNS RELATED TO VARIOUS MATERIALS ASSOCIATED WITH THE ELECTRONIC AUTOMOTIVE. 54
TABLE 6 GLOBAL AUTOMOTIVE ELECTRONICS MARKET 2012-2022 ($ MILLION) 55
TABLE 7 GLOBAL INDUSTRIAL MACHINERY MARKET 2012-2022 ($ MILLION) 58
TABLE 8 GLOBAL TELECOM MARKET 2012-2022 ($ MILLION) 61
TABLE 9 MAJORLY USED THERMAL INTERFACE MATERIALS IN TELECOMMUNICATION SECTOR 61
TABLE 10 GLOBAL CONSUMER DURABLES MARKET 2012-2022 ($ MILLION) 65
TABLE 11 CONSUMER DURABLE GOODS SPLIT INTO TWO KEY SEGMENTS 66
TABLE 12 GLOBAL MEDICAL DEVICES MARKET 2012-2022 ($ MILLION) 68
TABLE 13 GLOBAL COMPUTERS MARKET 2012-2022 ($ MILLION) 74
TABLE 14 GLOBAL OTHERS MARKET 2012-2022 ($ MILLION) 76
TABLE 15 GLOBAL THERMAL INTERFACE MATERIALS MARKET BY TYPE 2012-2022 ($ MILLION) 78
TABLE 16 GLOBAL TAPES & FILMS MARKET 2012-2022 ($ MILLION) 82
TABLE 17 GLOBAL GREASES & ADHESIVES MARKET 2012-2022 ($ MILLION) 90
TABLE 18 GLOBAL PHASE CHANGE MATERIALS MARKET 2012-2022 ($ MILLION) 94
TABLE 19 GLOBAL GAP FILLERS MARKET 2012-2022 ($ MILLION) 99
TABLE 20 GLOBAL OTHERS MARKET 2012-2022 ($ MILLION) 102
TABLE 21 GLOBAL THERMAL INTERFACE MATERIALS MARKET BY REGION 2012-2022 ($ MILLION) 103
TABLE 22 NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 104
TABLE 23 NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 108
TABLE 24 U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 111
TABLE 25 CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 113
TABLE 26 MEXICO MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 116
TABLE 27 EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 117
TABLE 28 EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 121
TABLE 29 GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 126
TABLE 30 UK MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 129
TABLE 31 FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 132
TABLE 32 SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 134
TABLE 33 ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 137
TABLE 34 ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 140
TABLE 35 CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 144
TABLE 36 INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 148
TABLE 37 JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 151
TABLE 38 SOUTH KOREA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 154
TABLE 39 OTHERS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 156
TABLE 40 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 160
TABLE 41 LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 163

FIGURES LIST

FIGURE 1 GLOBAL THERMAL INTERFACE MATERIAL MARKET BY GEOGRAPHY 2015 22
FIGURE 2 COST OF HEATING ($ MILLION) 43
FIGURE 3 PORTER’S FIVE FORCE MODEL IN THERMAL INTERFACE MATERIAL MARKET 47
FIGURE 4 AUTOMOTIVE ELECTRONICS MARKET REVENUE 2012-2022 ($ MILLION) 53
FIGURE 5 INDUSTRIAL MACHINERY MARKET REVENUE 2012-2022 ($ MILLION) 57
FIGURE 6 INDUSTRIAL MACHINERY BY APPLICATION IN 2014 59
FIGURE 7 TELECOM MARKET REVENUE 2012-2022 ($ MILLION) 60
FIGURE 8 APPLICATION OF THERMAL INTERFACE MATERIAL IN TELECOM INDUSTRY 63
FIGURE 9 CONSUMER DURABLES MARKET REVENUE 2012-2022 ($ MILLION) 64
FIGURE 10 CONSUMER DURABLE MARKET IN INDIA 67
FIGURE 11 MEDICAL DEVICES MARKET REVENUE 2012-2022 ($ MILLION) 69
FIGURE 12 GLOBAL MARKET SHARES OF MEDICAL DEVICES 71
FIGURE 13 COMPUTERS MARKET REVENUE 2012-2022 ($ MILLION) 73
FIGURE 14 PERCENTAGE SHARE OF THERMAL MATERIALS USED IN COMPUTER TECHNOLOGY 75
FIGURE 15 TAPES & FILMS MARKET REVENUE 2012-2022 ($ MILLION) 81
FIGURE 16 THERMAL CONDUCTIVITY OF MATERIALS USED FOR METAL TIMS 83
FIGURE 17 MATERIAL BASED THERMAL INTERFACE MATERIALS MARKET REVENUE 2012-2022 ($ MILLION) 85
FIGURE 18 GLOBAL METAL-BASED THERMAL INTERFACE MATERIALS MARKET 2012-2022 ($ MILLION) 86
FIGURE 19 GREASES & ADHESIVES MARKET REVENUE 2012-2022 ($ MILLION) 87
FIGURE 20 PERFORMANCE ANALYSIS OF VARIOUS COMMERCIAL GREASE 89
FIGURE 21 TEMPERATURE RANGE AND CORRESPONDING ENTHALPY OF FUSION OF VARIOUS PCM’S 93
FIGURE 22 GAP FILLERS MARKET REVENUE 2012-2022 ($ MILLION) 96
FIGURE 23 OTHER TYPES MARKET REVENUE 2012-2022 ($ MILLION) 100
FIGURE 24 THERMAL ENERGY STORAGE IN MEGA WATT (MW) 101
FIGURE 25 NORTH AMERICA’S THERMAL INTERFACE MATERIAL MARKET BY REGION (%) 105
FIGURE 26 NORTH AMERICA VEHICLES PRODUCTION BY THE COUNTRIES 2015 (MILLION UNITS) 106
FIGURE 27 NORTH AMERICA LED LIGHTING MARKET 2011-2016 ($ BILLION) 107
FIGURE 28 U.S. MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 109
FIGURE 29 MOTOR VEHICLE PRODUCTION IN U.S. 2013-2015 (MILLION UNITS) 110
FIGURE 30 CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 112
FIGURE 31 MEXICO MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 114
FIGURE 32 MEXICO VEHICLES PRODUCTION 2015-2016 (MILLION UNITS) 115
FIGURE 33 EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 118
FIGURE 34 EUROPE MEDICAL EQUIPMENT MARKET 2012-2022 ($ MILLION) 120
FIGURE 35 GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 122
FIGURE 36 GERMANY ELECTRONIC COMPONENT MARKET BY INDUSTRY 2014 123
FIGURE 37 PRODUCTION VOLUME BY TOP 10 M&E SECTORS IN GERMANY 2014 125
FIGURE 38 UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 127
FIGURE 39 TELECOMMUNICATIONS SERVICES MARKET VALUE IN THE UNITED KINGDOM (UK) FROM 2012-2022 ($ BILLION) 128
FIGURE 40 FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 130
FIGURE 41 COMPUTER USAGE PENETRATION IN FRANCE FROM 2012-2021(%) 131
FIGURE 42 SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 133
FIGURE 43 ROE MARKET ESTIMATES AND FORECAST2012-2022($ MILLION) 135
FIGURE 44 ASIA PACIFIC THERMAL INTERFACE MATERIAL MARKET BY REGION (%) 138
FIGURE 45 CONSUMER ELECTRONICS MARKET DEMAND GROWTH IN ASIA PACIFIC, 2014-2016 (% CHANGE P.A.) 139
FIGURE 46 CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 141
FIGURE 47 AUTOMOBILE PRODUCTION IN CHINA FROM 2015 TOTAL 2016 (IN 1,000 UNITS) 142
FIGURE 48 THE MARKET VOLUME OF LED LIGHTINGS IN CHINA FROM 2013-2015 ($ BILLION) 143
FIGURE 49 INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 145
FIGURE 50 INDIAN ELECTRONICS INDUSTRY REVENUE SHARE BY SEGMENT 2014 146
FIGURE 51 MARKET PENETRATION OF CONSUMER DURABLES INDIA VS. GLOBAL AVERAGE, 2015 147
FIGURE 52 JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 149
FIGURE 53 JAPAN AUTOMOBILE PRODUCTION, 2014-2015 150
FIGURE 54 SOUTH KOREA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 152
FIGURE 55 SOUTH KOREA VEHICLES PRODUCTION 2013-2015 (MILLION UNITS) 153
FIGURE 56 OTHERS MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 155
FIGURE 57 PERCENTAGE OF INDIVIDUALS USING THE INTERNET BY REGION 2014 157
FIGURE 58 MIDDLE EAST & AFRICA THERMAL INTERFACE MATERIALS MARKET ($ MILLION) 158
FIGURE 59 SALES OF LCD TV’S IN THE MIDDLE EAST AND AFRICA ($ MILLION) 159
FIGURE 60 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 161
FIGURE 61 INTERNET USERS IN AFRICA BY REGIONS 2015 162
FIGURE 62 BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 164

On the basis of its product type, the thermal interface materials market is categorized into following segments:

  • Tapes & Films
  • Metal Based Thermal Interface
  • Greases & Adhesives
  • Phase Change Materials
  • Gap Fillers
  • Others

Thermal Interface Materials Market

Based on product types, the thermal interface materials market was segmented into tapes & films, metal based interface materials, greases & adhesives, phase change materials and gap fillers among others. Metal based interface materials dominated the global interface materials market in 2015 and is expected to boost market demand for thermal interface materials in the near future. Growing demand for metal based interface materials from various end-user industries is the major factor to boost growth of thermal interface materials market. Metal based interface materials are used in various industries and equipments which include heat sinks, HVAC and refrigeration, power trains and railway among others. Phase change materials are also gaining high demand in the market. Phase change materials accounted for second largest market for thermal interface materials market in 2015. The increasing usage of phase change interface materials in transportation, textiles, cold chain, building & constructions and thermal energy storage are driving the demand for phase change thermal interface materials, thereby leading to the growth of global thermal interface market worldwide. Thermal tapes & films market is anticipated to experience slow growth due to its limited applications in the end-user industries. Other product segments are also expected to boost market growth of thermal interface materials market during the forecast period from 2015 to 2022.

On the basis of its application, the thermal interface materials market is categorized into following segments:

  • Automotive Electronics
  • Industrial Machinery Market
  • Telecom
  • Consumer Durables
  • Medical Devices
  • Computers
  • Others (Thermally Conductive Plastics, etc.)

Thermal Interface Materials Market

Thermal interface materials are widely used in a number of end-user industries such as automotive electronics, industrial, telecom, consumer durables, medical devices and computers among others. Automotive electronics accounted as the fastest growing market for thermal interface materials and is expected to retain its position in the near future. The rising trend of advanced safety systems and a large number of technologies present in the market are driving the growth of global thermal interface materials market worldwide. Telecom dominated the global thermal interface materials market in terms of demand and is expected to gain high demand during the forecast period. Large number of innovations and the rising mobile users are the major reasons pushing the growth of the telecom industry ahead. Consumer durables followed telecom in terms of demand and is expected to boost market demand for thermal interface materials in the near future. Electrical heating in consumer goods is a process in which electrical energy is converted into heat. The thermal interface materials are long lasting and a cost effective way of treating excess amount of heat produced by the appliances. Hence, high demand is reported for thermal interface materials from the consumer durables application and is expected to increase in the near future. Demand from other applications is also anticipated to fuel market growth of thermal interface materials during the forecast period from 2015 to 2022.

On the basis of geography, the global Thermal Interface Materials market is segmented into following categories,

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Others
  • Middle East & Africa
  • Latin America

 

Thermal Interface Materials Market

Asia Pacific accounted as largest and fastest growing market for thermal interface materials in 2015. Asia Pacific holds a great opportunity for thermal interface materials in the region. Major applications in the emerging economies such as China, India and Japan are driving the growth of thermal interface materials market.  Increasing automotive industry, rising consumer durables market and growing prevalence of LED lights is driving the growth of global thermal interface materials market in the region. North America followed Asia Pacific and accounted as the second largest market for thermal interface materials market. Raising electrification of the transportation industry and the increasing demand for LED lightning are the major factors driving the growth of thermal interface materials market in North America. Increasing market for automotive electronics, telecom market and industrial machinery is expected to fuel demand for Europe thermal interface materials market. Other regions such as Middle East and Africa and Latin America are also anticipated to boost market growth of global thermal interface materials market due to rising telecommunication industry and growing demand for thermal interface materials in Africa.

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