Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3,880.54 Million | USD 6,900.21 Million | 7.46% | 2022 |
FrequentlyAsked Questions
Thermal interface materials (TIMs) are used for conducting electricity between two or more solid mating units or surfaces.
The global thermal interface materials market is projected to grow owing to the increasing demand for compact and miniaturized consumer electronic devices including tablets and laptops.
According to study, the global thermal interface materials market size was worth around USD 3,880.54 million in 2022 and is predicted to grow to around USD 6,900.21 million by 2030.
The CAGR value of thermal interface materials market is expected to be around 7.46% during 2023-2030.
The global thermal interface materials market will be dominated by Asia-Pacific during the projection period.
The global thermal interface materials market is led by players like Indium Corporation, Henkel AG & Co. KGaA, Parker Hannifin Corporation, Dow Inc., Shin-Etsu Chemical Co., Ltd., 3M Company, Zalman Tech Co., Ltd., Laird Performance Materials, Innovation Cooling, LORD Corporation, Momentive Performance Materials Inc., Aavid Thermalloy, LLC, Wakefield-Vette, Inc., The Bergquist Company (A Henkel Company), and Master Bond Inc. among others.
The report explores crucial aspects of the thermal interface materials market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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