Albany, New York, October 4, 2018: Growing demand for electronics and electric cars arising from a rising global population and increasing disposable incomes is expected to boost demand for the thermal interface materials market, owing to the widespread applications in the automotive, electronics, and semiconductor industries.
Revenues from the thermal interface materials market are estimated to grow at a healthy CAGR of over 8.9% through 2026. Insights such as these have been extracted from the report titled “Thermal Interface Materials Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” added recently to the huge repository of Market Research Reports Search Engine (MRRSE).
Polymer-based thermal interface materials are harmful to the environment, and as such, the contribution towards growing plastic waste is expected to restrict market growth. In addition, rising processing and development costs arising from volatile prices of raw materials are also expected to significantly constrain demand. On the other hand, increasing preference for metal-based thermal interface materials such as indium are anticipated to provide lucrative business opportunities for market players, owing to superior thermal conductivity.
The Asia Pacific thermal interface materials market is expected to continue its hold on major market share through 2026, owing to the rising demand for thermal interface materials for industry verticals such as automotive, computer, and telecommunication, particularly in countries such as India and China.
Thermal Interface Materials Market: Report Summary
This report delivers a detailed analysis at a regional and global level along with a detailed forecast on the thermal interface materials industry, in terms of value (US$ Mn), for the period of forecast 2018 to 2026. Important dynamics, such as social, political, technological and economic factors impacting development and demand for thermal interface materials have been scrutinized in the report.
An extensive value chain analysis on the thermal interface materials industry has been offered in the report, and the Porter’s Five Forces model has effectively been used to help in gaining a better understanding about the competitive scenario among new and emerging market players. A comprehensive market attractiveness analysis, where applications have accurately assessed on the basis of aspects such as their market size, general attractiveness, and growth rate, has also been incorporated in the report.
Thermal Interface Materials Market: Research Methodology
In-depth discussions and interviews have been conducted with a number of prominent industry experts and opinion leaders in order to compile this report. Extensive primary and secondary research methodologies have been used, to extract reliable and relevant intelligence on the thermal interface materials industry. Primary research comprises the bulk of the research efforts, which has been further validated by comprehensive secondary research.
Key market players in the thermal interface materials industry have been thoroughly assessed, while vital information has been taken from data sources such as press releases, annual reports, and other relevant documents to gain better understanding of the market’s competitor landscape and overall situation. The research approach used here is thought to be effective and successful in capturing useful insights on the market data, untapped business opportunities, and industry participant activities.
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