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on 24. March 2023
Data Bridge Market Research analyses that the Thermal Interface Material market is expected to undergo a CAGR of 11.40% during the forecast period. This indicates that the market value, which was USD 2.14 billion in 2021, would rocket up to USD 5.08 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Global Thermal Interface Material Market Scope
The thermal interface material market is segmented on the basis of chemistry, type, application and product type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Chemistry
· Silicone
· Epoxy
· Polyimide
Type
· Gap Fillers
· Greases and Adhesives
· Elastomeric Pads
· Metal Based
· Others
Application
· Computer
· Telecommunications
· Automotive
· Industrial Machinery
· Others
Product Type
· Greases and Adhesives
· Tapes and Films
· Elastomeric Pads
· Metal Based
· Phase Change Materials
· Others
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Competitive Landscape and Thermal Interface Material Market Share Analysis
The thermal interface material market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to thermal interface material market.
Some of the major players operating in the thermal interface material market are:
· Hylomar LLC (U.K.)
· CSL Silicones Inc. (Canada)
· NUCO Inc. (Canada)
· Sashco, Inc. (U.S.)
· Mcgill Airseal LLC (U.S.)
· Dow (U.S.)
· 3M (U.S.)
· Momentive (U.S.)
· H.B. Fuller (U.S.)
· Henkel AG and Co. KgaA (Germany)
· Sika AG (Switzerland)
· Bostik (France)
· Wacker Chemie AG (Germany)
· Pidilite Industries Ltd. (India)
· MAPEI S.p.A. (Italy)
· PPG Industries (U.S.)
· CSW Industrials, Inc. (U.S)
· llinois Tool Works Inc (U.S.)
· Soudal Group (Belgium)
· Arkema (France)
Thermal Interface Material Market Regional Analysis/Insights
The thermal interface material market is analysed and market size insights and trends are provided by country, chemistry, type, application and product type as referenced above.
The countries covered in the thermal interface material market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the thermal interface material market during the forecast period due to the presence of huge number of thermal interface material manufacturers, growing electrical and electronics industry and rising production of automobiles in this region.
North America will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to growing applications in the electrical and electronics industry in this region.
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