サーマルインターフェースマテリアル(TIM)市場 – 2029年までの世界予測

Thermal Interface Materials Market - Global Forecast To 2029

サーマルインターフェースマテリアル(TIM)市場 - 材料 (シリコーン、エポキシ、ポリイミド)、タイプ (グリースと接着剤、テープとフィルム、ギャップフィラー、相変化材料)、用途 (コンピュータ、通信、耐久消費財) および地域別 - 2029年までの世界予測
Thermal Interface Materials Market by Material (Silicone, Epoxy,Polymide), Type (Greases & Adhesives, Tapes & Films, Gap Fillers, Phase Change Materials), Application (Computers, Telecom, Consumer Durables) & Region - Global Forecast to 2029

商品番号 : SMB-15356

出版社MarketsandMarkets
出版年月2025年1月
ページ数286
図表数345
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global thermal interface materials market size is projected to grow from USD 3.56 billion in 2024 to USD 5.64 billion by 2029, at a CAGR of 9.7%  during the forecast period.

世界のサーマルインターフェースマテリアル(TIM)市場規模は、予測期間中に9.7%のCAGRで、2024年の35億6,000万米ドルから2029年までに56億4,000万米ドルに成長すると予測されています。

The thermal interface materials market is growing due to increase in the use of thermal interface materials in computers and electric vehciles. It is being seen in this application in computer component parts because a lot of people all around the world are purchasing computers. The new trend of electric vehicles is also taking place slowly, which can induse growth for thermal interface materials which are used in various automotive parts.

サーマルインターフェースマテリアル(TIM)市場 - 2029年までの世界予測
thermal-interface-material-market-Overview

The epoxy material of Thermal interface materials projected to be second largest growing segment in the global Thermal interface materials market during the forecast period

The epoxy type of material is used because it offers good thermal conductivity along with strong adhesion. Epoxy hardens after application which makes it impact resistant material. Therefore, we can see its use in printed circuit boards, electronics, semiconductors, and insulators. The thermal conductivity depends on curing agent and condition.  Furthermore, the epoxy material can be customised based on application depending on levelof viscosity required. The material is resistant to cracking or degradation, making it a strong material.

By Type, Tapes & films segment to hold second fastest share during forecast period

Tapes and films are convenient to use because they can easily be applied especially in small spaces where heat dissipation is required. They come in come in pre-formed sheets or rolls which makes it easy to handle too. Besides thermal conductivity, it also provides electric insulation. They are also used in telecommunication infrastructure components. The problem of uneven surface is not seen in tapes and films like greases or adhesives, avoiding unevenness in heat transfer. Applying tapes and films is a mess-free process, eliminating the mess associated with liquid TIMs.

By Application, Telecom segment to hold second largest share during forecast period

Telecom industry uses global thermal interface materials in base stations, data routers, and antennas. Nextly, telecom equipment operates continuously, requiring durable thermal interface materials  that maintain performance under prolonged thermal and mechanical stress. And modern technologies have developed high-power processing units which produce a lot of heat. Therefore, thermal interface materials are important for managing heat in these units. Using thermal interface materials also helps in increasing the overall life of the telecom product by proper heat dissipation.

By Region, North America to register the second largest and fastest growth rate during the forecast period

North America is the second largest and fastest region for thermal interface materials. This is due to the growing sectors of aerospace & defense, automotive, and energy & power in this region. There is also a demand seen from the medical devices industry especially in high-power equipment. The electric vehicles market is also seeing a growth in this region, developing the need for TIMs in battery packs, inverters, and motor controllers. The aerospace and defense sector is a major sector using thermal interface materials, and with the growth of this sector in the coming years,  thermal interface materials can grow as well.

サーマルインターフェースマテリアル(TIM)市場 - 2029年までの世界予測 region
thermal-interface-material-market-Region

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the thermal interface materials marketplace.

  • By Company Type – Tier 1 – 55 %, Tier 2 – 25% and Tier 3 – 20%
  • By Designation – Directors – 50%, Managers– 30%, Others – 20%
  • By Region – North America – 20%, Europe – 25%, APAC – 45%, RoW – 10%

Honeywell International Inc. (US), 3M (US), Henkel AG & Co. KGaA (Germany), Parker Hannifin Corporation (US), DOW (US), Laird Technologies Inc. (US), Momentive (US), Wakefield Thermal Inc. (US), Indium Corporation (US), and Zalma Tech Co. Ltd. (South Korea), Arieca Inc. (US), U-MAP Co., Ltd. (Japan), Boston Materials (US), Tenutec AB (Sweden), Calogy Solutions (Canada), NanoWired GmbH (Germany), TCPoly, Inc. (US), Semikron Danfoss (Germany), Redtec Industries Pte Ltd (Singapore), Timtronics  (US), Schlegel Electronic Materials, Inc. (US), Thermal Grizzly (Germany), Universal Science (UK), Aremco Products Inc. (US), E-SONG EMC Co., Ltd. (South Korea) are some of the key players in the thermal interface materials market.

サーマルインターフェースマテリアル(TIM)市場 - 2029年までの世界予測 ecosystem
thermal-interface-material-market-Ecosystem

The study includes an in-depth competitive analysis of these key players in the thermal interface materials market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This research report categorizes the thermal interface materials market by material (silicone, epoxy,polymide), by type (greases & adhesives, tapes & films, gap fillers, phase change materials,metal based tims), by application (computers & data centers , automotive, telecommunications, industrial applications, healthcare and medical devices, consumer durables, other applications) and by region (Asia Pacific, North America, South America,Europe, Middle East & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and  opportunities, influencing the growth of the thermal interface materials market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the thermal interface materials market. Competitive analysis of upcoming startups in the thermal interface materials market ecosystem is covered in this report.

Reasons to buy the report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall thermal interface materials market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increasing demand for consumer electronicsand growing LED market to drive demand for TIMs), restraints (physical properties limiting performance of thermal interface materials), opportunities (electrification in transportation industry high performance tims in the form of nanodiamonds) and challenges (finding optimum operating cost for end users and granule size and amount of thermal interface materials applied).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the thermal interface materials market
  • Market Development: Comprehensive information about profitable markets – the report analyses the thermal interface materials market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the thermal interface materials market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Honeywell International Inc. (US), 3M (US), Henkel AG & Co. KGaA (Germany), Parker Hannifin Corporation (US), DOW (US), Laird Technologies Inc. (US), Momentive (US), Wakefield Thermal Inc. (US), Indium Corporation (US), and Zalma Tech Co. Ltd. (South Korea) among others in the thermal interface materials market.

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   27

1.3           STUDY SCOPE   28

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      28

1.3.2        INCLUSIONS AND EXCLUSIONS OF STUDY          28

1.3.3        YEARS CONSIDERED      29

1.4           CURRENCY          29

1.5           STAKEHOLDERS               30

1.6           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY DATA          32

2.1.1.1    Key data from secondary sources       32

2.1.2        PRIMARY DATA 32

2.1.2.1    Key data from primary sources           33

2.1.2.2    Primary interviews – demand and supply side 33

2.1.2.3    Key industry insights           34

2.1.2.4    Breakdown of interviews with experts               34

2.2           MARKET SIZE ESTIMATION         35

2.2.1        BOTTOM-UP APPROACH              35

2.2.2        TOP-DOWN APPROACH                35

2.3           FORECAST NUMBER CALCULATION       36

2.4           DATA TRIANGULATION                37

2.5           FACTOR ANALYSIS          38

2.6           ASSUMPTIONS  38

2.7           LIMITATIONS & RISKS   39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       44

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THERMAL INTERFACE MATERIALS MARKET       44

4.2           ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET,  BY APPLICATION AND COUNTRY      45

5               MARKET OVERVIEW       46

5.1           INTRODUCTION              46

5.2           MARKET DYNAMICS       46

5.2.1        DRIVERS               47

5.2.1.1    Increasing demand for consumer electronics   47

5.2.1.2    Rise in EV adoption              49

5.2.1.3    Growing LED market          50

5.2.1.4    Expansion of data centers   51

5.2.2        RESTRAINTS      52

5.2.2.1    Physical properties limiting performance         52

5.2.2.2    High cost of advanced thermal interface materials         53

5.2.3        OPPORTUNITIES              53

5.2.3.1    Adoption of 5G technology 53

5.2.3.2    Increasing adoption of nanodiamonds               53

5.2.4        CHALLENGES    54

5.2.4.1    Finding optimum operating costs for end users               54

5.2.4.2    Maintaining optimal granule size and amount of thermal interface material applied   55

5.2.4.3    Stringent regulatory compliance        55

6               INDUSTRY TRENDS         56

6.1           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            56

6.2           PRICING ANALYSIS          57

6.2.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION   57

6.2.2        AVERAGE SELLING PRICE TREND, BY REGION   58

6.3           VALUE CHAIN ANALYSIS               59

6.4           ECOSYSTEM ANALYSIS  62

6.5           IMPACT OF GEN AI ON THERMAL INTERFACE MATERIALS MARKET      63

6.6           TECHNOLOGY ANALYSIS             64

6.6.1        KEY TECHNOLOGIES     64

6.6.1.1    Nanotechnology-enhanced thermal interface materials 64

6.6.1.2    Phase change materials       64

6.6.2        COMPLEMENTARY TECHNOLOGIES       65

6.6.2.1    Advanced manufacturing techniques                 65

6.6.2.2    Advanced driver assistance systems  65

6.6.2.3    Sustainable and eco-friendly thermal interface materials                 65

6.7           PATENT ANALYSIS          65

6.8           TRADE ANALYSIS             69

6.8.1        EXPORT DATA RELATED TO HS CODE 3919         70

6.8.2        IMPORT DATA RELATED TO HS CODE 3919         71

6.8.3        EXPORT DATA RELATED TO HS CODE 3910         72

6.8.4        IMPORT DATA RELATED TO HS CODE 3910         73

6.9           KEY CONFERENCES AND EVENTS IN 2024–2025   74

6.10         REGULATORY LANDSCAPE         75

6.10.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             75

6.11         PORTER’S FIVE FORCES ANALYSIS           80

6.12         KEY STAKEHOLDERS AND BUYING CRITERIA     83

6.13         CASE STUDY ANALYSIS 85

6.13.1      PROTECTING MISSILES FROM ELECTROMAGNETIC INTERFERENCE USING ADVANCED SOLUTIONS                85

6.13.2      ERROR-PROOFING THERMAL INTERFACE MATERIAL APPLICATION FOR EV BATTERY PACKS 85

6.13.3      NON-SILICONE DISPENSABLE THERMAL GEL FOR AUTOMOTIVE INFOTAINMENT AND CAMERA MODULES                 86

6.14         MACROECONOMIC ANALYSIS    86

6.14.1      INTRODUCTION              86

6.14.2      GDP TRENDS AND FORECASTS 87

6.15         INVESTMENT AND FUNDING SCENARIO               87

7               THERMAL INTERFACE MATERIALS MARKET, BY TYPE                 89

7.1           INTRODUCTION              90

7.2           GREASE & ADHESIVES   91

7.2.1        SUPERIOR PROPERTIES AND LOW MANUFACTURING COST TO DRIVE MARKET             91

7.3           TAPES & FILMS 92

7.3.1        INCREASING DEMAND IN TELECOM SECTOR TO BOOST MARKET               92

7.4           GAP FILLERS      92

7.4.1        GROWING END-USE INDUSTRIES IN EUROPE TO SUPPORT MARKET GROWTH     92

7.5           METAL-BASED THERMAL INTERFACE MATERIALS                 93

7.5.1        GROWING APPLICATIONS IN COMPUTER HARDWARE DEVICES  TO PROPEL MARKET                93

7.6           PHASE CHANGE MATERIALS       93

7.6.1        WIDESPREAD APPLICATION IN PERSONAL COMPUTERS TO DRIVE MARKET         93

7.7           OTHER TYPES   94

8               THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL           95

8.1           INTRODUCTION              96

8.2           SILICONE             97

8.2.1        SUPERIOR PROPERTIES TO DRIVE DEMAND       97

8.3           EPOXY  97

8.3.1        GREATER FILLER LOADING RESULTS IN GREATER THERMAL CONDUCTIVITY—KEY FACTOR DRIVING MARKET GROWTH             97

8.4           POLYIMIDE        98

8.4.1        GROWTH IN ELECTRONICS INDUSTRY TO INCREASE DEMAND             98

8.5           OTHER MATERIALS        98

9               THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION   99

9.1           INTRODUCTION              100

9.2           COMPUTERS & DATA CENTERS 101

9.2.1        ADVANCEMENTS IN SUPERCOMPUTING TECHNOLOGIES TO DRIVE MARKET      101

9.3           TELECOMMUNICATIONS             102

9.3.1        RISING ADOPTION OF 5G NETWORK TECHNOLOGIES TO FUEL DEMAND          102

9.4           INDUSTRIAL      103

9.4.1        INCREASED DEMAND FROM POWER ELECTRONICS TO SUPPORT

MARKET GROWTH          103

9.5           HEALTHCARE & MEDICAL DEVICES        103

9.5.1        INNOVATION AND DEVELOPMENT IN HEALTHCARE INDUSTRY

TO BOOST MARKET        103

9.6           CONSUMER DURABLES 104

9.6.1        INCREASING ADOPTION OF ADVANCED HOME APPLIANCES

TO DRIVE MARKET         104

9.7           AUTOMOTIVE   104

9.7.1        INCREASING DEMAND FOR ELECTRIC AND HYBRID VEHICLES

TO PROPEL MARKET      104

9.8           OTHER APPLICATIONS 105

10            THERMAL INTERFACE MATERIALS MARKET, BY REGION                 106

10.1         INTRODUCTION              107

10.2         ASIA PACIFIC     108

10.2.1      CHINA  112

10.2.1.1  Growth in various end-use applications to boost demand                 112

10.2.2      INDIA    116

10.2.2.1  Growth in automotive sector to drive market  116

10.2.3      JAPAN   119

10.2.3.1  Rise in electronics exports to boost growth      119

10.2.4      SOUTH KOREA  122

10.2.4.1  Growing semiconductor business to support market growth                 122

10.2.5      INDONESIA        125

10.2.5.1  Government tax incentives on EVs and hybrid cars to boost demand  125

10.2.6      REST OF ASIA PACIFIC   127

10.3         NORTH AMERICA             130

10.3.1      US           134

10.3.1.1  Presence of major players to support market growth      134

10.3.2      CANADA               137

10.3.2.1  Government support and investments in AI to propel market                 137

10.3.3      MEXICO                140

10.3.3.1  Increase in EV sales to drive market 140

10.4         EUROPE               143

10.4.1      GERMANY           147

10.4.1.1  Rise in AI startups to boost market growth      147

10.4.2      UK          150

10.4.2.1  Growth in renewable energy projects to drive market    150

10.4.3      FRANCE                153

10.4.3.1  Growth in digital economy to boost demand   153

10.4.4      RUSSIA 155

10.4.4.1  Increased digitization to drive market               155

10.4.5      TURKEY                158

10.4.5.1  Favorable startup ecosystem to support market growth 158

10.4.6      POLAND               160

10.4.6.1  Growth in aerospace & defense industry to drive market                 160

10.4.7      REST OF EUROPE             163

10.5         SOUTH AMERICA             165

10.5.1      BRAZIL 168

10.5.1.1  Increasing automotive production, internet penetration, and government investments to propel market       168

10.5.2      ARGENTINA       171

10.5.2.1  Increased investments in AI and renewable energy sector to boost growth    171

10.5.3      REST OF SOUTH AMERICA           174

10.6         MIDDLE EAST & AFRICA                176

10.6.1      GCC COUNTRIES              180

10.6.1.1  SAUDI ARABIA  182

10.6.1.1.1                Domestic EV manufacturing and increase in customs duty on electric items to increase demand       182

10.6.1.2  UAE        185

10.6.1.2.1                Increased investments in manufacturing industry to boost demand        185

10.6.1.3  REST OF GCC COUNTRIES           188

10.6.2      SOUTH AFRICA 190

10.6.2.1  Increasing investments in renewable energy to drive growth                 190

10.6.3      REST OF MIDDLE EAST & AFRICA             193

11            COMPETITIVE LANDSCAPE         196

11.1         OVERVIEW          196

11.2         KEY PLAYERS STRATEGIES/RIGHT TO WIN          196

11.3         REVENUE ANALYSIS       198

11.4         MARKET SHARE ANALYSIS           198

11.5         COMPANY VALUATION AND FINANCIAL METRICS                 200

11.5.1      COMPANY VALUATION 200

11.5.2      FINANCIAL METRICS      201

11.6         BRAND/PRODUCT COMPARISON             202

11.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 203

11.7.1      STARS   203

11.7.2      EMERGING LEADERS     203

11.7.3      PERVASIVE PLAYERS      203

11.7.4      PARTICIPANTS 203

11.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         205

11.7.5.1  Company footprint               205

11.7.5.2  Material footprint 206

11.7.5.3  Type footprint       206

11.7.5.4  Application footprint            207

11.7.5.5  Region footprint   207

11.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        208

11.8.1      PROGRESSIVE COMPANIES         208

11.8.2      RESPONSIVE COMPANIES            208

11.8.3      DYNAMIC COMPANIES  208

11.8.4      STARTING BLOCKS         208

11.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 210

11.8.5.1  Detailed list of key startups/SMEs    210

11.8.5.2  Competitive benchmarking of key startups/SMEs          211

11.9         COMPETITIVE SCENARIO             214

11.9.1      PRODUCT LAUNCHES   214

11.9.2      DEALS  215

11.9.3      EXPANSIONS     217

11.9.4      OTHER DEVELOPMENTS              218

12            COMPANY PROFILES      219

12.1         KEY PLAYERS     219

12.1.1      HONEYWELL INTERNATIONAL INC.        219

12.1.1.1  Business overview 219

12.1.1.2  Products offered   220

12.1.1.3  Recent developments           221

12.1.1.3.1                Other developments             221

12.1.1.4  MnM view              221

12.1.1.4.1                Key strengths        221

12.1.1.4.2                Strategic choices   222

12.1.1.4.3                Weaknesses and competitive threats 222

12.1.2      3M           223

12.1.2.1  Business overview 223

12.1.2.2  Products offered   224

12.1.2.3  Recent developments           225

12.1.2.3.1                Product launches  225

12.1.2.3.2                Deals      226

12.1.2.3.3                Expansions             226

12.1.2.4  MnM view              226

12.1.2.4.1                Key strengths        226

12.1.2.4.2                Strategic choices   227

12.1.2.4.3                Weaknesses and competitive threats 227

12.1.3      HENKEL AG & CO. KGAA               228

12.1.3.1  Business overview 228

12.1.3.2  Products offered   229

12.1.3.3  Recent developments           230

12.1.3.3.1                Product launches  230

12.1.3.3.2                Deals      231

12.1.3.3.3                Expansions             232

12.1.3.4  MnM view              233

12.1.3.4.1                Key strengths        233

12.1.3.4.2                Strategic choices   233

12.1.3.4.3                Weaknesses and competitive threats 234

12.1.4      PARKER HANNIFIN CORPORATION         235

12.1.4.1  Business overview 235

12.1.4.2  Products offered   236

12.1.4.3  Recent developments           237

12.1.4.3.1                Product launches  237

12.1.4.3.2                Deals      239

12.1.4.4  MnM view              239

12.1.4.4.1                Key strengths        239

12.1.4.4.2                Strategic choices   239

12.1.4.4.3                Weaknesses and competitive threats 239

12.1.5      DOW     240

12.1.5.1  Business overview 240

12.1.5.2  Products offered   241

12.1.5.3  Recent developments           242

12.1.5.3.1                Product launches  242

12.1.5.3.2                Deals      243

12.1.5.3.3                Other developments             245

12.1.5.4  MnM view              245

12.1.5.4.1                Key strengths        245

12.1.5.4.2                Strategic choices   245

12.1.5.4.3                Weaknesses and competitive threats 245

12.1.6      LAIRD TECHNOLOGIES, INC.      246

12.1.6.1  Business overview 246

12.1.6.2  Products offered   246

12.1.6.3  Recent developments           247

12.1.6.3.1                Product launches  247

12.1.6.4  MnM view              248

12.1.7      MOMENTIVE     249

12.1.7.1  Business overview 249

12.1.7.2  Products offered   249

12.1.7.3  Recent developments           250

12.1.7.3.1                Deals      250

12.1.7.3.2                Expansions             250

12.1.7.4  MnM view              251

12.1.8      INDIUM CORPORATION                252

12.1.8.1  Business overview 252

12.1.8.2  Products offered   252

12.1.8.3  Recent developments           253

12.1.8.3.1                Product launches  253

12.1.8.3.2                Deals      254

12.1.8.4  MnM view              255

12.1.9      WAKEFIELD THERMAL, INC.       256

12.1.9.1  Business overview 256

12.1.9.2  Products offered   256

12.1.9.3  Recent developments           257

12.1.9.4  MnM view              257

12.1.10   ZALMAN TECH CO., LTD.              258

12.1.10.1                 Business overview 258

12.1.10.2                 Products offered   258

12.1.10.3                 Recent developments           259

12.1.10.3.1             Product launches  259

12.1.10.4                 MnM view              259

12.2         OTHER PLAYERS              260

12.2.1      ARIECA INC.       260

12.2.2      U-MAP CO., LTD.              261

12.2.3      BOSTON MATERIALS     262

12.2.4      TENUTEC AB     263

12.2.5      CALOGY SOLUTIONS     264

12.2.6      NANOWIRED GMBH        265

12.2.7      TCPOLY, INC.    266

12.2.8      CARBICE              267

12.2.9      HIGH-TEMPERATURE MATERIAL SYSTEMS LIMITED                 268

12.2.10   NEXT-ION ENERGY, INC.               269

12.2.11   SEMIKRON DANFOSS     270

12.2.12   REDTEC INDUSTRIES PTE LTD. 271

12.2.13   TIMTRONICS     272

12.2.14   SCHLEGEL ELECTRONIC MATERIALS, INC.          273

12.2.15   THERMAL GRIZZLY         274

12.2.16   UNIVERSAL SCIENCE     275

12.2.17   AREMCO PRODUCTS INC.            276

12.2.18   E-SONG EMC CO., LTD. 277

13            APPENDIX           278

13.1         DISCUSSION GUIDE        278

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                282

13.3         CUSTOMIZATION OPTIONS        284

13.4         RELATED REPORTS         284

13.5         AUTHOR DETAILS           285

LIST OF TABLES

TABLE 1                LIMITATIONS OF THERMAL INTERFACE MATERIALS        52

TABLE 2                AVERAGE SELLING PRICE TREND OF THERMAL INTERFACE MATERIALS OFFERED  BY KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)   57

TABLE 3                AVERAGE SELLING PRICE TREND OF PHASE CHANGE MATERIALS,

BY REGION (USD/KG)    58

TABLE 4                ROLE OF COMPANIES IN THERMAL INTERFACE MATERIALS MARKET      62

TABLE 5                LIST OF PATENTS FOR THERMAL INTERFACE MATERIALS        67

TABLE 6                THERMAL INTERFACE MATERIALS MARKET: KEY CONFERENCES AND EVENTS,  2024–2025     74

TABLE 7                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  75

TABLE 8                SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

TABLE 9                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

TABLE 10              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  77

TABLE 11              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES,  AND OTHER ORGANIZATIONS        78

TABLE 12              THERMAL INTERFACE MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS           80

TABLE 13              INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS

FOR TOP THREE APPLICATIONS               83

TABLE 14              KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 84

TABLE 15              GLOBAL GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)               87

TABLE 16              THERMAL INTERFACE MATERIALS MARKET, BY TYPE, 2020–2022 (USD MILLION)                90

TABLE 17              THERMAL INTERFACE MATERIALS MARKET, BY TYPE, 2023–2029 (USD MILLION)                91

TABLE 18              THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            96

TABLE 19              THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            97

TABLE 20              THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            101

TABLE 21              THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            101

TABLE 22              THERMAL INTERFACE MATERIALS MARKET, BY REGION,

2020–2022 (USD MILLION)            107

TABLE 23              THERMAL INTERFACE MATERIALS MARKET, BY REGION,

2023–2029 (USD MILLION)            108

TABLE 24              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,

2020–2022 (USD MILLION)            110

TABLE 25              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,

2023–2029 (USD MILLION)            110

TABLE 26              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)          110

TABLE 27              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            111

TABLE 28              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            111

TABLE 29              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)          111

TABLE 30              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            112

TABLE 31              ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            112

TABLE 32              CHINA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            114

TABLE 33              CHINA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            114

TABLE 34              CHINA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            115

TABLE 35              CHINA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            115

TABLE 36              CHINA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            115

TABLE 37              CHINA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            116

TABLE 39              INDIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            117

TABLE 40              INDIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            118

TABLE 41              INDIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            118

TABLE 42              INDIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            118

TABLE 43              INDIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            119

TABLE 44              INDIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            119

TABLE 45              JAPAN: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            120

TABLE 46              JAPAN: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            121

TABLE 47              JAPAN: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            121

TABLE 48              JAPAN: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            121

TABLE 49              JAPAN: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            122

TABLE 50              JAPAN: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            122

TABLE 51              SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            123

TABLE 52              SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)          123

TABLE 53              SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            124

TABLE 54              SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            124

TABLE 55              SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2020–2022 (USD MILLION)            124

TABLE 56              SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION, 2023–2029 (USD MILLION)            125

TABLE 57              INDONESIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            125

TABLE 58              INDONESIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            126

TABLE 59              INDONESIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            126

TABLE 60              INDONESIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            126

TABLE 61              INDONESIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            127

TABLE 62              INDONESIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            127

TABLE 63              REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2020–2022 (USD MILLION)                 128

TABLE 64              REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2023–2029 (USD MILLION)                 128

TABLE 65              REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2020–2022 (USD MILLION)      129

TABLE 66              REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2023–2029 (USD MILLION)      129

TABLE 67              REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2020–2022 (USD MILLION)       129

TABLE 68              REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2023–2029 (USD MILLION)       130

TABLE 69              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,  2020–2022 (USD MILLION)                 131

TABLE 70              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,  2023–2029 (USD MILLION)                 132

TABLE 71              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2020–2022 (USD MILLION)                 132

TABLE 72              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2023–2029 (USD MILLION)                 132

TABLE 73              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            133

TABLE 74              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            133

TABLE 75              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2020–2022 (USD MILLION)            133

TABLE 76              NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2023–2029 (USD MILLION)            134

TABLE 77              US: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            135

TABLE 78              US: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            135

TABLE 79              US: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            136

TABLE 80              US: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)          136

TABLE 81              US: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            136

TABLE 82              US: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            137

TABLE 83              CANADA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)          138

TABLE 84              CANADA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            138

TABLE 85              CANADA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            139

TABLE 86              CANADA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            139

TABLE 87              CANADA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            139

TABLE 88              CANADA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            140

TABLE 89              MEXICO: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            141

TABLE 90              MEXICO: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            141

TABLE 91              MEXICO: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            142

TABLE 92              MEXICO: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            142

TABLE 93              MEXICO: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            142

TABLE 94              MEXICO: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            143

TABLE 95              EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,

2020–2022 (USD MILLION)            144

TABLE 96              EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,

2023–2029 (USD MILLION)            144

TABLE 97              EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)          145

TABLE 98              EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            145

TABLE 99              EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)          145

TABLE 100            EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            146

TABLE 101            EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            146

TABLE 102            EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            147

TABLE 103            GERMANY: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            148

TABLE 104            GERMANY: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)          148

TABLE 105            GERMANY: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            149

TABLE 106            GERMANY: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            149

TABLE 107            GERMANY: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            149

TABLE 108            GERMANY: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            150

TABLE 109          UK: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            151

TABLE 110          UK: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            151

TABLE 111          UK: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            151

TABLE 112          UK: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            152

TABLE 113          UK: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            152

TABLE 114          UK: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            152

TABLE 115            FRANCE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            153

TABLE 116            FRANCE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            153

TABLE 117            FRANCE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)          154

TABLE 118            FRANCE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            154

TABLE 119            FRANCE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            154

TABLE 120            FRANCE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            155

TABLE 121            RUSSIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)          156

TABLE 122            RUSSIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            156

TABLE 123            RUSSIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            156

TABLE 124            RUSSIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            157

TABLE 125            RUSSIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            157

TABLE 126            RUSSIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            157

TABLE 127            TURKEY: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            158

TABLE 128            TURKEY: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            159

TABLE 129            TURKEY: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            159

TABLE 130            TURKEY: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            159

TABLE 131            TURKEY: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            160

TABLE 132            TURKEY: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            160

TABLE 133            POLAND: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            161

TABLE 134            POLAND: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            161

TABLE 135            POLAND: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            162

TABLE 136            POLAND: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            162

TABLE 137            POLAND: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            162

TABLE 138            POLAND: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            163

TABLE 139            REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2020–2022 (USD MILLION)                 163

TABLE 140            REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2023–2029 (USD MILLION)                 164

TABLE 141            REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            164

TABLE 142            REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            164

TABLE 143            REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2020–2022 (USD MILLION)            165

TABLE 144            REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2023–2029 (USD MILLION)            165

TABLE 145            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,  2020–2022 (USD MILLION)                 166

TABLE 146            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY,  2023–2029 (USD MILLION)                 166

TABLE 147            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2020–2022 (USD MILLION)                 166

TABLE 148            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2023–2029 (USD MILLION)                 167

TABLE 149            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            167

TABLE 150            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            167

TABLE 151            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION, 2020–2022 (USD MILLION)            168

TABLE 152            SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2023–2029 (USD MILLION)            168

TABLE 153            BRAZIL: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            169

TABLE 154            BRAZIL: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            170

TABLE 155            BRAZIL: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            170

TABLE 156            BRAZIL: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            170

TABLE 157            BRAZIL: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            171

TABLE 158            BRAZIL: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            171

TABLE 159            ARGENTINA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            172

TABLE 160            ARGENTINA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            172

TABLE 161            ARGENTINA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            173

TABLE 162            ARGENTINA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            173

TABLE 163            ARGENTINA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            173

TABLE 164            ARGENTINA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            174

TABLE 165            REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2020–2022 (USD MILLION)              174

TABLE 166            REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2023–2029 (USD MILLION)              175

TABLE 167            REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2020–2022 (USD MILLION)      175

TABLE 168            REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2023–2029 (USD MILLION)      175

TABLE 169            REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2020–2022 (USD MILLION)       176

TABLE 170            REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2023–2029 (USD MILLION)       176

TABLE 171            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY COUNTRY,  2020–2022 (USD MILLION)            177

TABLE 172            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY COUNTRY,  2023–2029 (USD MILLION)            177

TABLE 173            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2020–2022 (USD MILLION)              178

TABLE 174            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2023–2029 (USD MILLION)              178

TABLE 175            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2020–2022 (USD MILLION)      178

TABLE 176            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2023–2029 (USD MILLION)      179

TABLE 177            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2020–2022 (USD MILLION)       179

TABLE 178            MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2023–2029 (USD MILLION)       180

TABLE 179            GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2020–2022 (USD MILLION)                 180

TABLE 180            GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,  2023–2029 (USD MILLION)                 181

TABLE 181            GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            181

TABLE 182            GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            181

TABLE 183            GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2020–2022 (USD MILLION)            182

TABLE 184            GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2023–2029 (USD MILLION)            182

TABLE 185            SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            183

TABLE 186            SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            183

TABLE 187            SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            184

TABLE 188            SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            184

TABLE 189            SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2020–2022 (USD MILLION)            184

TABLE 190            SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2023–2029 (USD MILLION)            185

TABLE 191            UAE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            186

TABLE 192            UAE: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            186

TABLE 193            UAE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            186

TABLE 194            UAE: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            187

TABLE 195            UAE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2020–2022 (USD MILLION)            187

TABLE 196            UAE: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,

2023–2029 (USD MILLION)            187

TABLE 197            REST OF GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2020–2022 (USD MILLION)              188

TABLE 198            REST OF GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2023–2029 (USD MILLION)              188

TABLE 199            REST OF GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2020–2022 (USD MILLION)      189

TABLE 200            REST OF GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE,  2023–2029 (USD MILLION)      189

TABLE 201            REST OF GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2020–2022 (USD MILLION)       189

TABLE 202            REST OF GCC COUNTRIES: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2023–2029 (USD MILLION)       190

TABLE 203            SOUTH AFRICA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2020–2022 (USD MILLION)            191

TABLE 204            SOUTH AFRICA: THERMAL INTERFACE MATERIALS MARKET, BY MATERIAL,

2023–2029 (USD MILLION)            191

TABLE 205            SOUTH AFRICA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2020–2022 (USD MILLION)            191

TABLE 206            SOUTH AFRICA: THERMAL INTERFACE MATERIALS MARKET, BY TYPE,

2023–2029 (USD MILLION)            192

TABLE 207            SOUTH AFRICA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2020–2022 (USD MILLION)            192

TABLE 208            SOUTH AFRICA: THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION,  2023–2029 (USD MILLION)            193

TABLE 209            REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2020–2022 (USD MILLION)              193

TABLE 210            REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY MATERIAL, 2023–2029 (USD MILLION)              194

TABLE 211            REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE, 2020–2022 (USD MILLION)         194

TABLE 212            REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY TYPE, 2023–2029 (USD MILLION)         194

TABLE 213            REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2020–2022 (USD MILLION)       195

TABLE 214            REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET,

BY APPLICATION, 2023–2029 (USD MILLION)       195

TABLE 215            THERMAL INTERFACE MATERIALS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY MARKET PLAYERS, JANUARY 2020–NOVEMBER 2024                 196

TABLE 216            THERMAL INTERFACE MATERIALS MARKET: DEGREE OF COMPETITION         199

TABLE 217            THERMAL INTERFACE MATERIALS MARKET: MATERIAL FOOTPRINT 206

TABLE 218            THERMAL INTERFACE MATERIALS MARKET: TYPE FOOTPRINT            206

TABLE 219            THERMAL INTERFACE MATERIALS MARKET: APPLICATION FOOTPRINT         207

TABLE 220            THERMAL INTERFACE MATERIALS MARKET: REGION FOOTPRINT     207

TABLE 221            THERMAL INTERFACE MATERIALS MARKET: DETAILED LIST OF KEY STARTUPS/SMES             210

TABLE 222            THERMAL INTERFACE MATERIALS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/ SMES             211

TABLE 223            THERMAL INTERFACE MATERIALS MARKET: PRODUCT LAUNCHES,

JANUARY 2020–NOVEMBER 2024                 214

TABLE 224            THERMAL INTERFACE MATERIALS MARKET: DEALS, JANUARY 2020–

NOVEMBER 2024               215

TABLE 225            THERMAL INTERFACE MATERIALS MARKET: EXPANSIONS, JANUARY 2020–  NOVEMBER 2024                217

TABLE 226            THERMAL INTERFACE MATERIALS MARKET: OTHER DEVELOPMENTS,

JANUARY 202O–NOVEMBER 2024               218

TABLE 227            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          219

TABLE 228            HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED    220

TABLE 229            HONEYWELL INTERNATIONAL INC.: OTHER DEVELOPMENTS, JANUARY 2020– NOVEMBER 2024           221

TABLE 230            3M: COMPANY OVERVIEW           223

TABLE 231            3M: PRODUCTS OFFERED            224

TABLE 232            3M: PRODUCTS LAUNCHES, JANUARY 2020–NOVEMBER 2024               225

TABLE 233            3M: DEALS, JANUARY 2020–NOVEMBER 2024                 226

TABLE 234            3M: EXPANSIONS, JANUARY 2020–NOVEMBER 2024        226

TABLE 235            HENKEL AG & CO. KGAA: COMPANY OVERVIEW                 228

TABLE 236            HENKEL AG & CO. KGAA: PRODUCTS OFFERED                 229

TABLE 237            HENKEL AG & CO. KGAA: PRODUCTS LAUNCHES, JANUARY 2020–

NOVEMBER 2024               230

TABLE 238            HENKEL AG & CO. KGAA: DEALS, JANUARY 2020–NOVEMBER 2024               231

TABLE 239            HENKEL AG & CO. KGAA: EXPANSIONS, JANUARY 2020–NOVEMBER 2024                 232

TABLE 240            PARKER HANNIFIN CORPORATION: COMPANY OVERVIEW          235

TABLE 241            PARKER HANNIFIN CORPORATION: PRODUCTS OFFERED             236

TABLE 242            PARKER HANNIFIN CORPORATION: PRODUCTS LAUNCHES, JANUARY 2020– NOVEMBER 2024      237

TABLE 243            PARKER HANNIFIN CORPORATION: DEALS, JANUARY 2020–NOVEMBER 2024                 239

TABLE 244            DOW: COMPANY OVERVIEW      240

TABLE 245            DOW: PRODUCTS OFFERED       241

TABLE 246            DOW: PRODUCTS LAUNCHES, JANUARY 2020–NOVEMBER 2024               242

TABLE 247            DOW: DEALS, JANUARY 2020–NOVEMBER 2024                 243

TABLE 248            DOW: EXPANSIONS, JANUARY 2020–NOVEMBER 2024        244

TABLE 249            DOW: OTHER DEVELOPMENTS, JANUARY 2020–NOVEMBER 2024               245

TABLE 250            LAIRD TECHNOLOGIES, INC.: COMPANY OVERVIEW          246

TABLE 251            LAIRD TECHNOLOGIES, INC.: PRODUCTS OFFERED             246

TABLE 252            LAIRD TECHNOLOGIES, INC.: PRODUCTS LAUNCHES, JANUARY 2020–

NOVEMBER 2024               247

TABLE 253            MOMENTIVE: COMPANY OVERVIEW      249

TABLE 254            MOMENTIVE: PRODUCTS OFFERED       249

TABLE 255            MOMENTIVE: DEALS, JANUARY 2020–NOVEMBER 2024               250

TABLE 256            MOMENTIVE: EXPANSIONS, JANUARY 2020–NOVEMBER 2024               250

TABLE 257            INDIUM CORPORATION: COMPANY OVERVIEW                 252

TABLE 258            INDIUM CORPORATION: PRODUCTS OFFERED                 252

TABLE 259            INDIUM CORPORATION: PRODUCTS LAUNCHES, JANUARY 2020–NOVEMBER 2024       253

TABLE 260            INDIUM CORPORATION: DEALS, JANUARY 2020–NOVEMBER 2024               254

TABLE 261            WAKEFIELD THERMAL, INC.: COMPANY OVERVIEW          256

TABLE 262            WAKEFIELD THERMAL, INC.: PRODUCTS OFFERED             256

TABLE 263            WAKEFIELD THERMAL, INC.: EXPANSIONS, JANUARY 2020–NOVEMBER 2024                 257

TABLE 264            ZALMAN TECH CO., LTD.: COMPANY OVERVIEW                 258

TABLE 265            ZALMAN TECH CO., LTD.: PRODUCTS OFFERED                 258

TABLE 266            ZALMAN TECH CO., LTD.: PRODUCTS LAUNCHES, JANUARY 2020–

NOVEMBER 2024               259

TABLE 267            ARIECA INC.: COMPANY OVERVIEW        260

TABLE 268            U-MAP CO., LTD.: COMPANY OVERVIEW                 261

TABLE 269            BOSTON MATERIALS: COMPANY OVERVIEW                 262

TABLE 270            TENUTEC AB: COMPANY OVERVIEW      263

TABLE 271            CALOGY SOLUTIONS: COMPANY OVERVIEW                 264

TABLE 272            NANOWIRED GMBH: COMPANY OVERVIEW                 265

TABLE 273            TCPOLY, INC.: COMPANY OVERVIEW     266

TABLE 274            CARBICE: COMPANY OVERVIEW               267

TABLE 275            HIGH-TEMPERATURE MATERIAL SYSTEMS LIMITED: COMPANY OVERVIEW               268

TABLE 276            NEXT-ION ENERGY, INC.: COMPANY OVERVIEW                 269

TABLE 277            SEMIKRON DANFOSS: COMPANY OVERVIEW                 270

TABLE 278            REDTEC INDUSTRIES PTE LTD.: COMPANY OVERVIEW          271

TABLE 279            TIMTRONICS: COMPANY OVERVIEW      272

TABLE 280            SCHLEGEL ELECTRONIC MATERIALS, INC.: COMPANY OVERVIEW   273

TABLE 281            THERMAL GRIZZLY: COMPANY OVERVIEW                 274

TABLE 282            UNIVERSAL SCIENCE: COMPANY OVERVIEW                 275

TABLE 283            AREMCO PRODUCTS INC.: COMPANY OVERVIEW          276

TABLE 284            E-SONG EMC CO., LTD..: COMPANY OVERVIEW                 277

LIST OF FIGURES

FIGURE 1              THERMAL INTERFACE MATERIALS MARKET SEGMENTATION              28

FIGURE 2              THERMAL INTERFACE MATERIALS: RESEARCH DESIGN                31

FIGURE 3              THERMAL INTERFACE MATERIALS MARKET: BOTTOM-UP APPROACH              35

FIGURE 4              THERMAL INTERFACE MATERIALS MARKET: TOP-DOWN APPROACH                35

FIGURE 5              ILLUSTRATIVE APPROACH FOR MARKET SIZING: BOTTOM-UP     36

FIGURE 6              DEMAND-SIDE ANALYSIS APPROACH     36

FIGURE 7              THERMAL INTERFACE MATERIALS MARKET: DATA TRIANGULATION                37

FIGURE 8              SILICONE SEGMENT TO DOMINATE MARKET IN 2024        41

FIGURE 9              GREASE & ADHESIVES SEGMENT TO DOMINATE MARKET IN 2024                42

FIGURE 10            COMPUTERS & DATA CENTERS SEGMENT TO DOMINATE MARKET IN 2024       42

FIGURE 11            ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       43

FIGURE 12            GROWING DEMAND FOR ELECTRIC VEHICLES AND ADVANCEMENTS IN CONSUMER ELECTRONICS TO DRIVE MARKET               44

FIGURE 13            COMPUTERS & DATA CENTERS SEGMENT HELD LARGEST SHARE OF ASIA PACIFIC MARKET IN 2023          45

FIGURE 14            THERMAL INTERFACE MATERIALS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 46

FIGURE 15            SEMICONDUCTOR INDUSTRY, 2008–2024 (USD BILLION)             48

FIGURE 16            GLOBAL WEARABLES MARKET, 2018 VS. 2022 (MILLION UNITS)             48

FIGURE 17            GLOBAL WEARABLES MARKET, BY CATEGORY,

2015 VS. 2018 VS. 2021  (USD BILLION)   49

FIGURE 18            ELECTRIC CAR SALES, 2019–2024 (MILLION UNITS) 50

FIGURE 19            US: INSTALLATION OF OUTDOOR LED UNITS, 2017–2035 (MILLION UNITS)        51

FIGURE 20            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   56

FIGURE 21            AVERAGE SELLING PRICE TREND OF THERMAL INTERFACE MATERIALS OFFERED BY KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)   57

FIGURE 22            AVERAGE SELLING PRICE TREND OF PHASE CHANGE MATERIALS,

BY REGION (USD/KG)    58

FIGURE 23            THERMAL INTERFACE MATERIALS MARKET: VALUE CHAIN ANALYSIS               59

FIGURE 24            THERMAL INTERFACE MATERIALS MARKET: ECOSYSTEM ANALYSIS  62

FIGURE 25            LIST OF MAJOR PATENTS FOR THERMAL INTERFACE MATERIALS MARKET,

2013–2023              66

FIGURE 26            REGIONAL ANALYSIS OF PATENTS GRANTED FOR THERMAL INTERFACE

MATERIALS MARKET, 2013–2023                 66

FIGURE 27            EXPORT DATA RELATED TO HS CODE 3919, BY COUNTRY,

2014–2023 (USD MILLION)            70

FIGURE 28            IMPORT DATA RELATED TO HS CODE 3919, BY COUNTRY,

2014–2023 (USD MILLION)            71

FIGURE 29            EXPORT DATA RELATED TO HS CODE 3910, BY COUNTRY,

2014–2023 (USD MILLION)            72

FIGURE 30            IMPORT DATA RELATED TO HS CODE 3915, BY COUNTRY,

2014–2023 (USD MILLION)            73

FIGURE 31            THERMAL INTERFACE MATERIALS MARKET: PORTER’S FIVE FORCES ANALYSIS           80

FIGURE 32            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS              83

FIGURE 33            KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 84

FIGURE 34            INVESTMENT AND FUNDING SCENARIO IN SEMICONDUCTOR MATERIALS,

2018–2024 (USD MILLION)            88

FIGURE 35            GREASE & ADHESIVES SEGMENT TO DOMINATE MARKET IN 2029                90

FIGURE 36            SILICONE SEGMENT TO REGISTER HIGHEST GROWTH DURING  FORECAST PERIOD                96

FIGURE 37            COMPUTERS & DATA CENTERS SEGMENT TO DOMINATE MARKET IN 2029       100

FIGURE 38            ASIA PACIFIC COUNTRIES TO REGISTER HIGHEST GROWTH FROM 2024 TO 2029 107

FIGURE 39            ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SNAPSHOT              109

FIGURE 40            PASSENGER NEV RETAIL SALES, JANUARY 2024–NOVEMBER 2024               113

FIGURE 41            CHINA: ELECTRIC VEHICLE REGISTRATIONS, 2019–2023 (MILLION)      113

FIGURE 42            INDIA: VEHICLE SALES, 2023        117

FIGURE 43            JAPAN: ELECTRONIC EXPORTS, JANUARY 2024–OCTOBER 2024 (USD MILLION) 120

FIGURE 44            NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SNAPSHOT              131

FIGURE 45            US: AEROSPACE & DEFENSE INDUSTRY, 2020–2023 (USD BILLION)        135

FIGURE 46            MEXICO: ELECTRIC VEHICLE SALES, OCTOBER 2023–DECEMBER 2024 (UNITS)   141

FIGURE 48            BRAZIL: NUMBER OF INTERNET SERVERS PER MILLION POPULATION,  2019–2023         169

FIGURE 49            THERMAL INTERFACE MATERIALS MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2018–2023 (USD BILLION)                 198

FIGURE 50            THERMAL INTERFACE MATERIALS MARKET SHARE ANALYSIS, 2023   198

FIGURE 51            COMPANY VALUATION (USD BILLION) 201

FIGURE 52            FINANCIAL MATRIX: EV/EBITDA RATIO                 201

FIGURE 53            THERMAL INTERFACE MATERIALS MARKET: PRODUCT COMPARISON              202

FIGURE 54            THERMAL INTERFACE MATERIALS MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023       204

FIGURE 55            THERMAL INTERFACE MATERIALS MARKET: COMPANY FOOTPRINT 205

FIGURE 56            THERMAL INTERFACE MATERIALS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023                 209

FIGURE 57            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          220

FIGURE 58            3M: COMPANY SNAPSHOT           224

FIGURE 59            HENKEL AG & CO. KGAA: COMPANY SNAPSHOT                 229

FIGURE 60            PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT          236

FIGURE 61            DOW: COMPANY SNAPSHOT      241