According to research study by Fortune Business Insights™ the global thermal interface materials market size is expected to gain momentum owing to the increasing demand for electric vehicles and the rising adoption of advanced electronic products across the globe. Fortune Business Insights, published this information in its upcoming report,

Thermal interface materials are type of products that aid in thermal conduction between mechanical surfaces. These surfaces include heat sink and semiconductor devices. Additionally, they aid in enhancing the thermal coupling between two surfaces and offer better thermal management system.

Get Sample PDF Brochure:

www.fortunebusinessinsights.com/enquiry/request-sample-pdf/thermal-interface-materials-market-102950

What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the growth of the market between 2019 and 2026. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

DRIVING FACTORS

Growing Demand for Electric Vehicles to Augment Growth

The growing focus on adopting energy-efficient options in automotive is driving the demand for electric vehicles across the globe. The increasing production of EVs is expected to boost the demand for advanced thermal interface materials as they aid in the energy transfer between cooling devices and battery components. In addition to this, the surging demand for electronic materials owing to the rising digital media influence is expected to favor the growth of the global thermal interface materials market in the forthcoming years.

Ask for Customization:

www.fortunebusinessinsights.com/enquiry/customization/thermal-interface-materials-market-102950

REGIONAL INSIGHTS

Asia-Pacific to Remain Dominant; Rising Electronics Industry to Surge Demand

Among all the regions, Asia-Pacific is expected to hold the highest position in the global thermal interface materials market during the forecast period. This is attributable to the rising electronics industry that drives the demand for advanced thermal interface materials in the region between 2019 and 2026.

The market in North America is expected to showcase a considerable growth on account on the increasing adoption of technology and innovation in countries such as the U.S. in the region.

Report Aim & Scope:

  • An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
  • The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
  • Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
  • The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
  • The various parameters accelerating the growth of the market are incorporated in the research report.
  • The report analyzes growth rate, market size and valuation of the market during the forecast period.

COMPETITIVE LANDSCAPE

Key Players Focus on Facility Expansion to Brighten Their Market Prospects

The global thermal interface materials market is consolidated by the presence of key players that are striving to maintain their presence and strengthen their positions by expanding their facilities to develop advanced thermal interface materials. The major companies are adopting strategies such as merger and acquisition, partnership, and collaboration that are expected to favor the market growth in the forthcoming years.

 Industry Development:

  • September 2020 – Wacker announced the launch of its new global competence center for thermal interface materials located at Shanghai, China. According to the company, the new R&D lab is built with an aim to develop silicone-based thermal interface materials and other novel applications.

Key information from the Research Report:

  • Extensive information on factors estimated to affect the market growth and share during the forecast period is presented in the report.
  • The report offers the present scenario and future growth prospects of market in various geographical regions.
  • The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.

List of the Companies Profiled in the Global Market for Thermal Interface Materials:

  • Henkel Corporation
  • Bergquist Company
  • Zalman Tech Co., Ltd.
  • Momentive Performance Materials Inc
  • Indium Corporation
  • Parker Chomerics
  • Shin-Etsu
  • Laird Technologies
  • 3M
  • Boyd Corporation
  • Others

Read Related News:

Flexitank Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2029

Flexitank Market Size, Outlook, Geographical Segmentation, Business Challenges and Opportunities till 2029

Flexitank Market Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2029

Flexitank Market Key Drivers, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2029

Flexitank Market Data Current and Future Trends, Industry Size, Share, Revenue, Business Growth Forecast to 2029

Flexitank Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2029

Flexitank Market Size, Outlook, Geographical Segmentation, Business Challenges and Opportunities till 2029

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner –

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

LinkedInFacebookTwitter