Thermal Interface Materials Market Worth 2.33 Billion USD by 2021
PUNE, India, August 6, 2016 /PRNewswire/ --
The report "Thermal Interface Materials Market by Type (Greases & adhesives, Tapes & Films, Gap Fillers, Metal-Based TIMs, and Phase Change Materials), Application (Computers, Telecom, Medical Devices, Automotive Electronics), and Region - Global Forecast to 2021", published by MarketsandMarkets, The global market is projected to reach USD 2.33 Billion at a CAGR of 11.2%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302)
Browse 68 market data Tables and 58 Figures spread through 138 Pages and in-depth TOC on "Thermal Interface Materials Market"
http://www.marketsandmarkets.com/Market-Reports/thermal-interface-material-market-13483121.html
Early buyers will receive 10% customization on this report.
This growth is fueled by the growing electronics & telecom industry, rising development strategies, and growing application sectors, globally.
Greases & Adhesives: The largest type of TIMs
Greases & adhesives is the largest segment of Thermal Interface Materials Market by type. OEMs prefer to use greases & adhesives because of their flowability and ability to reduce a wide range of surface roughness of any housing, heat spreader, or heat sink surface. Thermal greases & adhesives have other competitive advantages such as low cost, reworkability, low thermal resistance, and the ability to form ultra-thin bond lines. The manufacturing costs of greases & adhesives are comparatively lower, as these materials do not need to be coated and cured into a sheet and to cut into a shape.
Computers: The largest application of TIMs
TIMs are commonly used for transferring thermal conductivity from CPUs or GPUs to the heat sink coolers. Computer components, such as CPUs, chipsets, graphics cards, and hard disk drives are susceptible to failure in case of overheating. TIMs are used in computers for removing the excess heat produced by computer components to maintain the components' operating temperature limits. TIMs are used for improving the heat flow in computers by filling any voids or irregularities between the heat sink and SSE base plate mounting surfaces. The use of TIMs in computers is growing at a high rate because of the increased demand for cloud and supercomputing. The increased demand for supercomputing is driving the market for TIMs.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=13483121
Asia-Pacific: The largest market for TIMs
Asia-Pacific dominates the TIMs market, in terms of value and volume, and the trend is expected to continue until 2021. Countries in this region such as China, India, Japan, South Korea, and Indonesia are witnessing significant increase in the use of TIMs in electronics & telecom applications. This growth is mainly backed by the increasing demand from the consumer electronics and telecom industries in Asia-Pacific. In addition, rapid industrial development in the region increasing the demand for TIMs in electronics and telecom applications Indonesia and India are the fastest-growing markets in the region and are expected to follow a similar trend until 2021.
The TIMs market has a few numbers of global players competing significantly for their market share. These market players are actively investing in various strategies such as new product developments and expansions to increase their market share. In addition, companies are investing heavily in R&D activities. Major players such as Henkel Corporation (U.S.), Bergquist Company (U.S.), Indium Corporation (U.S.), Parker Chomerics (U.S.), Dow Corning (U.S.), Laird Technologies (U.S.), Momentive Performance Materials Inc. (U.S.), and Zalman Tech Co., Ltd. (South Korea) have adopted various organic developmental strategies.
Browse Related Reports:
Semiconductor & IC Packaging Materials Market by Types (Organic Substrates, Bonding Wires, Lead frames, Ceramic Packages, & so on), Packaging Technologies (SOP, GA, QFN, DFN, & Others), & Geography - Regional Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/semiconductor-ic-packaging-materials-market-31363123.html
Conductive Silicone Market by Type (Elastomers, Resins, Gels and Others), Application (Adhesives & Sealants, Thermal Interface Materials, Encapsulants & Potting Compounds, Conformal Coatings and Others), and by Region - Global Trends & Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/conductive-silicone-market-79028981.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarkets
Share this article