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  • 8 February 2019 21:50

Thermal Interface Material Is At The Front-Line In The Battle To Remove Heat From Electronic Components

Global Thermal Interface Material Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

Thermal interface materials are thermal conductive materials, that are applied to increase the thermal conductance of jointed solid surface. Thermal interface material is used between microprocessors and heatsinks to increase thermal transfer efficiency. These gaps are normally filled with air which is a very poor conductor. Growing demand for thermal interface materials in automotive and medical industry is expected to drive market growth. Rising demand for faster computing and rising awareness regarding energy efficient light systems such as LED is anticipated to fuel the market growth.

The global thermal interface material market report has been segmented on the basis of product type, application, and region.

On the basis of product type, the global thermal interface material market has been segmented into greases & adhesives, tapes & films, elastomeric pads, metal pads, phase change materials, and other (gap fillers, insulating hardware, thermal tapes, and thermal epoxy). Penetration for phase change materials is expected to grow over the forecast period owing to high usage of materials in GPU, CPU, and IGBT and discrete components.

On the basis of applications, the global thermal interface material market has been segmented into medical devices, telecom, computer, consumer durables, automotive electronics, and industrial electronics. Medical devices application segment is expected to witness significant growth over the forecast period owing to rising demand for medical electronics for health prevalence and home healthcare devices.

On the basis of region, the global thermal interface material market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to account for major revenue share in the global thermal interface material market. Growing demand for medical devices owing to increasing medical expenditure high purchasing power, and technological advancements is expected to augment market growth in the region over the forecast period.

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