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

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.

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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Published Date:  Jun 2016
Category:  Advanced Materials
Report ID:   57933
Report Format:   PDF
Pages:   120
Rating:    4.2 (40)
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