Global Thermal Interface Materials Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Thermal Interface Materials Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A thermal interface material (shortened to TIM) is any material that is inserted between two components in order to enhance the thermal coupling between them. A common use is heat dissipation, in which the TIM is inserted between a heat-producing device (e.g. an integrated circuit) and a heat-dissipating device (e.g. a heat sink).

Market Overview:

The latest research study on the global Thermal Interface Materials market finds that the global Thermal Interface Materials market reached a value of USD 1570.64 million in 2022. It’s expected that the market will achieve USD 3216.51 million by 2028, exhibiting a CAGR of 12.69% during the forecast period.

Strength

The demand in Thermal Interface Materials industry is growing, and enterprises may make profits when they join this industry.
The popularity of electronic devices

Weakness

For newly entered companies, it needs long-term system improvement
The industry is fiercely competitive and without industry advantages, it is easy to be eliminated

Opportunity

The rapid development of electric vehicle industry
The emergence of faster networks such as 5G and Gigabit Internet
Continuous innovation of major players in thermal interface materials market

Region Overview:

From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Henkel, Laird Performance Materials (DuPont), Dow, with the revenue market share of 14.83%, 11.15%, 9.00% in 2020.

Henkel operates worldwide with leading innovations, brands and technologies in three business areas: Adhesive Technologies, Beauty Care and Laundry & Home Care.

Founded in 1876, Henkel looks back on more than 140 years of success. The company holds leading positions with its three business units in both industrial and consumer businesses thanks to strong brands, innovations and technologies such as Persil, Schwarzkopf and Loctite. Henkel, headquartered in Düsseldorf / Germany, counts among the most internationally aligned German-based companies in the global marketplace.

Laird Performance Materials, a DuPont Business, has a global footprint and creates industry-leading solutions which protect electronics. Its advancements in the material sciences suppress, shield or absorb disruptive electromagnetic interference or, transfer unwanted heat loads away from sensitive electronics. Additionally, its custom-engineered precision and structural metal parts provide solutions to complex and challenging device designs.

Segmentation Overview:

Among different product types, Greases & Adhesives segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Thermal Interface Materials market covered in Chapter 3:

Shin-Etsu Chemical
3M
Shenzhen Aochuan Technology Co., Ltd
Sekisui Chemical
Aavid (Boyd Corporation)
Shenzhen FRD Science & Technology
Dow
Dexerials Corporation
Honeywell
Parker Hannifin
Denka Company Limited
Fujipoly
Panasonic
Kerafol
NeoGraf Solutions, LLC
Henkel
Laird Performance Materials (DuPont)

In Chapter 4 and Chapter 14.2, on the basis of types, the Thermal Interface Materials market from 2018 to 2029 is primarily split into:

Greases & Adhesives
Tapes & Films
Gap Fillers
Metal-Based TIMs
Phase Change Materials
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Thermal Interface Materials market from 2018 to 2029 covers:

LED Industry
Consumer Electronics
Automotive Industry
Telecommunications Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)