Apr 12, 2021   SOURCE: BusinessWire

Worldwide Thermal Interface Materials Industry to 2030 - Featuring Universal Science, Dymax & Ellsworth Adhesives Among Others - ResearchAndMarkets.com

The "Thermal Interface Materials Global Market Report 2021: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global thermal interface materials market.

This report focuses on thermal interface materials market which is experiencing strong growth. The report gives a guide to the thermal interface materials market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

The global thermal interface materials market is expected to grow from $1.78 billion in 2020 to $1.97 billion in 2021 at a compound annual growth rate (CAGR) of 10.42%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.06 billion in 2025 at a CAGR of 11.72%.

Companies Mentioned

  • The 3M Company
  • Zalman Tech Co. Ltd.
  • Wakefield-Vette Inc.
  • Indium Corporation
  • The Berquist Company Inc.
  • Momentive Performance Materials Inc.
  • Laird Technologies Inc.
  • DOW Corning Corporation
  • Parker Hannifin Corporation
  • Henkel AG & Co. KGAA
  • Fujipoly
  • DK Thermal Metal Circuit Technology Ltd.
  • AI Technology
  • AIM Specialty Materials
  • AOS Thermal
  • Denka
  • Universal Science
  • Dymax Corporation
  • Ellsworth Adhesives
  • Enerdyne
  • European Thermodynamics Ltd
  • Inkron
  • Kitagawa Industries
  • LORD
  • MA Electronics
  • MH&W International
  • Minteq
  • Parker Chomerics
  • Resinlab
  • Schlegel Electronics Materials
  • ShinEtsu

Reasons to Purchase

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Asia Pacific was the largest region in the thermal interface materials market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

In September 2018, Century Boats, Lydall, Inc., a US-based manufacturer of specialty engineered products for the filtration/separation and thermal/acoustical markets, announced the acquisition of Interface Performance Materials Inc. for an amount of $265 million. The acquisition is expected to advance Lydall's engineered materials offerings in new markets with similar technologies utilized in the performance materials business. Interface Performance Materials Inc. manufactures and sells advanced materials and offers various products such as fiber composite and gasket engineered materials, self-adhesive thermal shield, sealing solutions, specialty products, and thermal management systems.

The increasing demand for electronic devices is anticipated to boost the demand for the thermal interface materials market over the coming years. Growing usage of thermal interface materials in electronic devices such as tablets, computers, smartphones, and video games attributing to its thermal conductive properties that help in strengthening the efficiency and life of electronic devices, is expected to contribute to the market growth. According to the India Brand Equity Foundation (Ministry of Commerce & Industry, Government of India), the Indian appliance and consumer electronics (ACE) market reached $10.93 billion in 2019 and is projected to double to reach $21.18 billion by the end of 2025. Therefore, the surge in demand for electronics devices and appliances is expected to generate higher revenues for the thermal interface materials market.

Key Topics Covered:

1. Executive Summary

2. Thermal Interface Materials Market Characteristics

3. Thermal Interface Materials Market Trends and Strategies

4. Impact of COVID-19 on Thermal Interface Materials

5. Thermal Interface Materials Market Size and Growth

5.1. Global Thermal Interface Materials Historic Market, 2015-2020, $ Billion

5.1.1. Drivers of the Market

5.1.2. Restraints on the Market

5.2. Global Thermal Interface Materials Forecast Market, 2020-2025F, 2030F, $ Billion

5.2.1. Drivers of the Market

5.2.2. Restraints on the Market

6. Thermal Interface Materials Market Segmentation

6.1. Global Thermal Interface Materials Market, Segmentation by Type

6.2. Global Thermal Interface Materials Market, Segmentation by Chemistry

6.3. Global Thermal Interface Materials Market, Segmentation by Application

7. Thermal Interface Materials Market Regional and Country Analysis

7.1. Global Thermal Interface Materials Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

7.2. Global Thermal Interface Materials Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/wmmey9