The latest research report by Emergen Research, named ‘Global Thermal Interface Materials Market - Forecast to 2027’, entails a comprehensive review of the global Thermal Interface Materials market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
The global thermal interface materials market is projected to be worth USD 4,471.4 Million by 2027, according to a current analysis by Emergen Research. The thermal interface materials market is estimated to experience rapid growth by the year 2027. Growing demand for electronic devices with miniaturization, high-end processors with enhanced processing power, and high integration drives the product demand.
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Key Highlights From The Report
- In March 2019, the launch of m2TIMTM, a groundbreaking hybrid thermal interface material, was announced by Indium Corporation to deliver ultra-reliable conductivity for heat dissipation.
- Phase change materials maintain a consistent temperature at its melting point while undergoing solid to liquid transition, enabling the material to offer exceptional temperature control between surfaces.
- Graphite gaskets for use in the lighting industry are produced of the expanded sheet with low outgassing levels, leading to VOCs' release responsible for causing reduced brightness. Graphite gaskets comprising metal foils finds usage in automotive engines with chip-on-board LEDs.
- The growing adoption of EVs and HEVs is boosting the demand for power electronics, which, in turn, is causing an increased demand for thermal interface materials.
Regional Overview:
- The global Thermal Interface Materials market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Thermal Interface Materials market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key Questions Answered in the Report:
- What is the growth rate of the Thermal Interface Materials market? What is the anticipated market valuation of Thermal Interface Materials industry by 2027?
- What are the key growth driving and restraining factors of the Thermal Interface Materials market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Thermal Interface Materials industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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