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Thermal Interface Materials Market Trends

Report ID: GMI6752
Published Date: Sep 2023
Report Format: PDF

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Thermal interface materials Market Trends

There is a rising demand for TIMs with exceptionally high thermal conductivity to dissipate heat effectively, especially in high-performance computing, electric vehicles, and data center applications. Liquid TIMs, such as thermal greases and phase change materials (PCMs), are gaining popularity due to their ease of application and ability to fill microscopic gaps between components.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for thermal interface materials was USD 3.78 billion in 2022 and is estimated to reach USD 10.28 billion by the end of 2032 driven by the rising demand for sustainable and green packaging options due to surging environmental issues.

Thermal interface materials market size from the thermal greases and paste segment generated USD 1.41 billion in 2022 owing to rising demand to offer high thermal conductivity

U.S. industry size for thermal interface materials was USD 0.83 billion in 2022 and is expected to expand through 2032 owing to the rapid growth of data centers in the region

Some of the key thermal interface material providers are Henkel Corporation, Dow Corning Corporation (now Dow, Inc.), 3M Company, Bergquist Company, Laird Technologies (now part of Renesas Electronics Corporation), Shin-Etsu Chemical Co., Ltd., and Momentive Performance Materials Inc.,