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Thermal Interface Materials Market worth 2.33 Billion USD by 2021

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

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Thermal Interface Materials Market worth 2.33 Billion USD by 2021

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  1. Thermal Interface Materials Market by Type, Application & Region - Global Forecast to 2021

  2. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 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", The global thermal interface materials (TIMs) market is projected to reach USD 2.33 Billion at a CAGR of 11.2%. This growth is fueled by the growing electronics & telecom industry, rising development strategies, and growing application sectors, globally.

  3. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 Browse >> 68 data tables 58 figures 138 pagesand in-depth TOC on “Thermal Interface Materials Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. The market size of TIMs, in terms of value, is projected to reach USD 2.33 Billion by 2021, at a CAGR of 11.2% between 2016 and 2021. Report Price - Single User License : US $ 5650 Corporate User License : US $ 8150

  4. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 Greases & Adhesives: The largest type of TIMs Greases & adhesives is the largest segment of TIMs 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.

  5. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 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.

  6. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 Non-Residential End-User Industry dominated the Cast Polymers uses worldwide Non-industrial end-user segment dominated the global cast polymers market in 2014, in terms of value, mainly attributed to the increasing demand of cast polymers from the construction industry across countries such as China, India, and South Korea. Varied market players have considered India as a lucrative destination to invest in the cast polymers market due to cheap labor and procurement costs.

  7. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 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.

  8. Thermal Interface Materials Market worth 2.33 Billion USD by 2021 Key Players - 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. Purchase a Copy of this Report Today !

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