Global Thermal Interface Materials Market Analysis 2022

Global Thermal Interface Materials Market Analysis 2022

The Global Thermal Interface Materials Market is expected to reach $7.02 billion by 2028 growing at a CAGR of 12.5% from 2021 to 2028. Thermal interface material is an essential part of the thermal management system used between the two-component interfaces to improve the thermal coupling between these devices. These materials are employed to enhance the heat transfer in order to keep the device properly functioning.

Factors such as growing demand for automated electronics and increasing demand for miniaturization of electronic devices are driving the growth of the market. However, physical properties limiting the performance of thermal interface material are restraining the growth of the market.

Based on application, the medical and healthcare segment is going to have a lucrative growth during the forecast period as electronic devices used in the medical industry need proper thermal management. Electronics must remain cold to run continuously and efficiently within their operating temperature range.

The key vendors mentioned are Zircar Refractory Composites, Inc., The Dow Chemical Company, Henkel, SIBELCO, Parker Chomerics, Laird Technologies, Indium Corporation, Honeywell International Inc., GrafTech, The 3M Company, Fujipoly, Boyd Corporation and Shin-Etsu.

Chemistry Covered:

  • Silicone
  • Polyurethanes
  • Epoxy
  • Cyanate Esters
  • Acrylics
  • Polyimide
Forms Covered:
  • Liquid
  • Semi Solid
  • Solid
Distribution Channels Covered:
  • Offline
  • Online
Products Covered:
  • Thermally Conductive Pads
  • Tapes & Films
  • Phase Change Materials
  • Metal-Based
  • Greases & Adhesives
  • Elastomeric Pads/Insulators
  • Gap Fillers
Applications Covered:
  • Telecom
  • Power and Industrial Automation
  • Medical and Healthcare
  • Light-Emitting Diode (LED)
  • Automotive
  • Industrial machinery
  • Electrical & Electronics
  • Computers
  • Aerospace & Defence
  • Consumer Durables
Regions Covered:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Key Questions Answered in this Report:
  • How this market evolved since the year 2020
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period


1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Thermal Interface Materials Market, By Chemistry
5.1 Introduction
5.2 Silicone
5.3 Polyurethanes
5.4 Epoxy
5.5 Cyanate Esters
5.6 Acrylics
5.7 Polyimide
6 Global Thermal Interface Materials Market, By Form
6.1 Introduction
6.2 Liquid
6.3 Semi Solid
6.4 Solid
7 Global Thermal Interface Materials Market, By Distribution Channel
7.1 Introduction
7.2 Offline
7.3 Online
8 Global Thermal Interface Materials Market, By Product
8.1 Introduction
8.2 Thermally Conductive Pads
8.3 Tapes & Films
8.4 Phase Change Materials
8.5 Metal-Based
8.6 Greases & Adhesives
8.7 Elastomeric Pads/Insulators
8.8 Gap Fillers
9 Global Thermal Interface Materials Market, By Application
9.1 Introduction
9.2 Telecom
9.3 Power and Industrial Automation
9.4 Medical and Healthcare
9.5 Light-Emitting Diode (LED)
9.6 Automotive
9.7 Industrial machinery
9.8 Electrical & Electronics
9.9 Computers
9.10 Aerospace & Defence
9.11 Consumer Durables
10 Global Thermal Interface Materials Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Zircar Refractory Composites, Inc.
12.2 The Dow Chemical Company
12.3 Henkel
12.4 SIBELCO
12.5 Parker Chomerics
12.6 Laird Technologies
12.7 Indium Corporation
12.8 Honeywell International Inc.
12.9 GrafTech
12.10 The 3M Company
12.11 Fujipoly
12.12 Boyd Corporation
12.13 Shin-Etsu
List of Data Tables
Table 1 Global Thermal Interface Materials Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Thermal Interface Materials Market Outlook, By Chemistry (2020-2028) ($MN)
Table 3 Global Thermal Interface Materials Market Outlook, By Silicone (2020-2028) ($MN)
Table 4 Global Thermal Interface Materials Market Outlook, By Polyurethanes (2020-2028) ($MN)
Table 5 Global Thermal Interface Materials Market Outlook, By Epoxy (2020-2028) ($MN)
Table 6 Global Thermal Interface Materials Market Outlook, By Cyanate Esters (2020-2028) ($MN)
Table 7 Global Thermal Interface Materials Market Outlook, By Acrylics (2020-2028) ($MN)
Table 8 Global Thermal Interface Materials Market Outlook, By Polyimide (2020-2028) ($MN)
Table 9 Global Thermal Interface Materials Market Outlook, By Form (2020-2028) ($MN)
Table 10 Global Thermal Interface Materials Market Outlook, By Liquid (2020-2028) ($MN)
Table 11 Global Thermal Interface Materials Market Outlook, By Semi Solid (2020-2028) ($MN)
Table 12 Global Thermal Interface Materials Market Outlook, By Solid (2020-2028) ($MN)
Table 13 Global Thermal Interface Materials Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 14 Global Thermal Interface Materials Market Outlook, By Offline (2020-2028) ($MN)
Table 15 Global Thermal Interface Materials Market Outlook, By Online (2020-2028) ($MN)
Table 16 Global Thermal Interface Materials Market Outlook, By Product (2020-2028) ($MN)
Table 17 Global Thermal Interface Materials Market Outlook, By Thermally Conductive Pads (2020-2028) ($MN)
Table 18 Global Thermal Interface Materials Market Outlook, By Tapes & Films (2020-2028) ($MN)
Table 19 Global Thermal Interface Materials Market Outlook, By Phase Change Materials (2020-2028) ($MN)
Table 20 Global Thermal Interface Materials Market Outlook, By Metal-Based (2020-2028) ($MN)
Table 21 Global Thermal Interface Materials Market Outlook, By Greases & Adhesives (2020-2028) ($MN)
Table 22 Global Thermal Interface Materials Market Outlook, By Elastomeric Pads/Insulators (2020-2028) ($MN)
Table 23 Global Thermal Interface Materials Market Outlook, By Gap Fillers (2020-2028) ($MN)
Table 24 Global Thermal Interface Materials Market Outlook, By Application (2020-2028) ($MN)
Table 25 Global Thermal Interface Materials Market Outlook, By Telecom (2020-2028) ($MN)
Table 26 Global Thermal Interface Materials Market Outlook, By Power and Industrial Automation (2020-2028) ($MN)
Table 27 Global Thermal Interface Materials Market Outlook, By Medical and Healthcare (2020-2028) ($MN)
Table 28 Global Thermal Interface Materials Market Outlook, By Light-Emitting Diode (LED) (2020-2028) ($MN)
Table 29 Global Thermal Interface Materials Market Outlook, By Automotive (2020-2028) ($MN)
Table 30 Global Thermal Interface Materials Market Outlook, By Industrial machinery (2020-2028) ($MN)
Table 31 Global Thermal Interface Materials Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
Table 32 Global Thermal Interface Materials Market Outlook, By Computers (2020-2028) ($MN)
Table 33 Global Thermal Interface Materials Market Outlook, By Aerospace & Defence (2020-2028) ($MN)
Table 34 Global Thermal Interface Materials Market Outlook, By Consumer Durables (2020-2028) ($MN)
Table 35 North America Thermal Interface Materials Market Outlook, By Chemistry (2020-2028) ($MN)
Table 36 North America Thermal Interface Materials Market Outlook, By Form (2020-2028) ($MN)
Table 37 North America Thermal Interface Materials Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 38 North America Thermal Interface Materials Market Outlook, By Product (2020-2028) ($MN)
Table 39 North America Thermal Interface Materials Market Outlook, By Application (2020-2028) ($MN)
Table 40 Europe Thermal Interface Materials Market Outlook, By Chemistry (2020-2028) ($MN)
Table 41 Europe Thermal Interface Materials Market Outlook, By Form (2020-2028) ($MN)
Table 42 Europe Thermal Interface Materials Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 43 Europe Thermal Interface Materials Market Outlook, By Product (2020-2028) ($MN)
Table 44 Europe Thermal Interface Materials Market Outlook, By Application (2020-2028) ($MN)
Table 45 Asia Pacific Thermal Interface Materials Market Outlook, By Chemistry (2020-2028) ($MN)
Table 46 Asia Pacific Thermal Interface Materials Market Outlook, By Form (2020-2028) ($MN)
Table 47 Asia Pacific Thermal Interface Materials Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 48 Asia Pacific Thermal Interface Materials Market Outlook, By Product (2020-2028) ($MN)
Table 49 Asia Pacific Thermal Interface Materials Market Outlook, By Application (2020-2028) ($MN)
Table 50 South America Thermal Interface Materials Market Outlook, By Chemistry (2020-2028) ($MN)
Table 51 South America Thermal Interface Materials Market Outlook, By Form (2020-2028) ($MN)
Table 52 South America Thermal Interface Materials Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 53 South America Thermal Interface Materials Market Outlook, By Product (2020-2028) ($MN)
Table 54 South America Thermal Interface Materials Market Outlook, By Application (2020-2028) ($MN)
Table 55 Middle East & Africa Thermal Interface Materials Market Outlook, By Chemistry (2020-2028) ($MN)
Table 56 Middle East & Africa Thermal Interface Materials Market Outlook, By Form (2020-2028) ($MN)
Table 57 Middle East & Africa Thermal Interface Materials Market Outlook, By Distribution Channel (2020-2028) ($MN)
Table 58 Middle East & Africa Thermal Interface Materials Market Outlook, By Product (2020-2028) ($MN)
Table 59 Middle East & Africa Thermal Interface Materials Market Outlook, By Application (2020-2028) ($MN)

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