North America Thermal Interface Materials Market By Products (Greases and Adhesives, Elastomeric Pads, Tapes and films, Metal Based, Phase change materials and Others), By Applications (Computers, Medical Devices, Automotive Electronics, Industrial Machinery, Telecom Equipment, Consumer Durables, and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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The North America Thermal Interface Materials Market would witness market growth of 11% CAGR during the forecast period (2020-2026). Thermal interface materials find their application in manufacturing of Desktops, smartphones, electric vehicles, tablets, Bluetooth smart watches, LEDs, GaN semiconductors, industrial lighting devices, data centers, graphic cards and more. The end-users are Telecommunications, Consumer Electronics, and Industrial, Medical, Automotive & Power Electronics and more.
Many different types of materials can be used as thermal interface materials. However, thermal greases are mostly preferred because of the property of higher flowability and can be used for a wide range of surface roughness. As thermal greases remove the air gaps and voids, it helps in maximizing the heat transfer between the interface areas. From last few years, thermal interface materials based on metal is also gaining traction as they possess high thermal conductivity than other materials.
Increasing demand for very sophisticated electronic devices will drive the thermal interface market. Energy efficient lighting is highly needed and is driving the market across the globe. Apart from all these, it will create greater opportunities worldwide due to electrification of the transportation sector. Higher demand for improved and seamless connectivity will make the future market robust.
Based on Products, the market is segmented into Greases and Adhesives, Elastomeric Pads, Tapes and films, Metal Based, Phase change materials and Others. Based on Applications, the market is segmented into Computers, Medical Devices, Automotive Electronics, Industrial Machinery, Telecom Equipment, Consumer Durables, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Honeywell International, Inc., Parker-Hannifin Corporation, Henkel AG & Company, KGaA, Shin-Etsu Chemical Co., Ltd., Indium Corporation, Fuji Polymer Industries Co., Ltd., Momentive Performance, Materials, Inc., Semikron International GmbH, and AIM Specialty Materials
Scope of the North America Thermal Interface Materials Market Analysis
- Greases and Adhesives
- Elastomeric Pads
- Tapes and films
- Metal Based
- Phase change materials
- Medical Devices
- Automotive Electronics
- Industrial Machinery
- Telecom Equipment
- Consumer Durables
- Rest of North America
- 3M Company
- Honeywell International, Inc.
- Parker-Hannifin Corporation
- Henkel AG & Company, KGaA
- Shin-Etsu Chemical Co., Ltd.
- Indium Corporation
- Fuji Polymer Industries Co., Ltd.
- Momentive Performance Materials, Inc.
- Semikron International GmbH
- AIM Specialty Materials
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