Thermal interfaces play a crucial role in a device’s operation i.e., performance and reliability. Thermal interface Materials are mostly thermal conductive, ceramic-filled systems with organic or silicone binders added to make them flowable for dispensing and processing. The TIMs include adhesives & greases, tapes, elastomeric pads, paste & gel, phase change materials, advanced materials, and other similar types of products used in various applications such as computers, telecom, medical devices, consumer durables, automotive electronics, renewable energy, industrial equipment, and others.
As per the report published by Markntel advisors, “Global Thermal Interface Materials Market Research Report: - By Type (Adhesives & Greases, Tapes, Elastomeric Pads, Paste & Gel, Phase Change Materials, Advanced Materials, Others), By Application (Computers, Telecom, Medical Devices, Consumer Durables, Automotive Electronics, Renewable Energy, Industrial Equipment) and Others Forecast (2024-2030)”, The Global Thermal Interface Materials Market size is valued at USD 3.5 billion in 2023 & is estimated to grow at a CAGR of around 7.8% during the forecast period, i.e., 2024-30. The rising demand for modern electronic equipment and accelerating hype of computer chips and semiconductors industry due to advancements in modern trends and technologies including smart devices, self-driving cars, electric vehicles, renewable energy especially solar energy, automation, 5 G telecommunication, medical equipment and cloud computing. This blog entails details regarding companies that are establishing/have established their dominance in the global thermal interface material market.
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3M Company is an American company established in 1902 and its headquarters is in St. Paul, Minnesota, United States. The company offers thermal interface materials under its Thermally Conductive Adhesive Transfer Tapes brand. The company provides several types of interface materials such as tapes, pads, and gap fillers. It is also used in a wide range of applications such as consumer electronics, and telecommunications. The company manufactures over 60,000 products, including medical products. It has operations in around 70 countries and operates several brands and subsidiaries such as 3M Japan Ltd., 3 M India Ltd., Kinetic Concepts, Ivera Medical Corporation, and Aearo Technologies LLC.
Dow Inc. established in 1897, and headquarter is in Midland, Michigan, United States, offers a wide range of thermal interface materials as it’s one of the global leaders in silicon-based technology. It operates 106 manufacturing sites, sales, and customer service offices, and research and development laboratories in 31 countries across the globe. The companies also comprise several subsidiaries under its umbrella, including Dow Thames Limited, Dow Quimica Argentina S.R.L., and performance specialty products Pakistan Pvt. Ltd.
Henkel AG & Co. KGaA established in 1876, and its headquarter is in Dusseldorf, Germany, the chemical and consumer goods company functions well stable, and differentiates its portfolio. The company is mainly involved in producing, selling distributing, and marketing chemicals, adhesive technology solutions, and consumer goods. Moreover, the company is categorized into 3 segments, i.e., adhesive technologies, beauty care, and laundry & home care.
Honeywell International Inc., established in 1885, and headquartered in Charlotte, North Carolina, is an American multinational conglomerate corporation that primarily functions in four business areas such as aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. The thermal products include phase change materials, thermal gap filler pads, thermal putty pads, thermal insulators, thermal grease, and the thermal one-and two-part hybrid.
Indium Corporation established in 1934, and its headquarters in Clinton, New York, United States, is one of the global leaders in developing a wide range of applications such as solder and metal-based thermal interface materials. The company’s manufacturing offices are in China, Germany, India, Malaysia, Singapore, South Korea, the United Kingdom, and the USA with a diverse product portfolio.
The blog comprises Global market players in the keyword market, with market product information. This blog entails details regarding the prominent factors behind the surging demand for futuristic growth and new opportunities that facilitate market development. Market players such as Honeywell International Inc., Indium Corporation, DuPont, 3M, Momentive Performance Materials, Semikron Danfoss, including other leading companies, facilitate revolutionizing the global market and promoting a secure future for the global thermal interface material market.
