Table of Content


"1    INTRODUCTION    30
1.1    OBJECTIVES OF STUDY    30
1.2    MARKET DEFINITION    30
TABLE 1    THERMAL INTERFACE MATERIALS MARKET: MARKET DEFINITION    30
1.3    MARKET SCOPE    31
1.3.1    THERMAL INTERFACE MATERIALS MARKET SEGMENTATION    31
1.3.2    REGIONS COVERED    31
1.4    YEARS CONSIDERED FOR STUDY    32
1.5    CURRENCY    32
1.6    UNIT CONSIDERED    32
1.7    LIMITATIONS    32
1.8    STAKEHOLDERS    33
2    RESEARCH METHODOLOGY    34
2.1    RESEARCH DATA    34
FIGURE 1    THERMAL INTERFACE MATERIALS MARKET: RESEARCH DESIGN    34
2.1.1    SECONDARY DATA    35
2.1.1.1    Key data from secondary sources    35
2.1.2    PRIMARY DATA    35
2.1.2.1    Key data from primary sources    36
2.1.2.2    Key industry insights    36
FIGURE 2    BREAKDOWN OF PRIMARY INTERVIEWS    37
2.2    BASE NUMBER CALCULATION    37
2.2.1    SUPPLY-SIDE APPROACH – 1    37
FIGURE 3    THERMAL INTERFACE MATERIALS MARKET: SUPPLY-SIDE APPROACH – 1    37
2.2.2    SUPPLY-SIDE APPROACH – 2    38
FIGURE 4    THERMAL INTERFACE MATERIALS MARKET: SUPPLY-SIDE APPROACH - 2    38
2.2.3    SUPPLY-SIDE APPROACH – 3    38
FIGURE 5    THERMAL INTERFACE MATERIALS MARKET: SUPPLY-SIDE APPROACH – 3    38
2.2.4    DEMAND-SIDE APPROACH – 1    39
FIGURE 6    THERMAL INTERFACE MATERIALS MARKET: DEMAND-SIDE APPROACH – 1    39
2.3    MARKET SIZE ESTIMATION    39
FIGURE 7    MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    39
FIGURE 8    MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH    40
2.4    DATA TRIANGULATION    41
FIGURE 9    THERMAL INTERFACE MATERIALS MARKET: DATA TRIANGULATION    41
2.5    ASSUMPTIONS    42
3    EXECUTIVE SUMMARY    43
FIGURE 10    ASIA PACIFIC DOMINATED THERMAL INTERFACE MATERIALS
MARKET IN 2021    44
FIGURE 11    SILICONE TO BE LARGEST CHEMISTRY SEGMENT DURING FORECAST PERIOD    45
FIGURE 12    GREASES & ADHESIVES TO DOMINATE THERMAL INTERFACE
MATERIALS MARKET DURING FORECAST PERIOD    45
FIGURE 13    MEDICAL DEVICES TO WITNESS HIGHEST GROWTH DURING
FORECAST PERIOD    46
4    PREMIUM INSIGHTS    47
4.1    ATTRACTIVE OPPORTUNITIES IN THERMAL INTERFACE MATERIALS MARKET    47
FIGURE 14    THERMAL INTERFACE MATERIALS MARKET TO REGISTER HIGH
GROWTH BETWEEN 2022 AND 2027    47
4.2    THERMAL INTERFACE MATERIALS MARKET, BY CHEMISTRY    47
FIGURE 15    SILICONE TO WITNESS HIGHEST GROWTH    47
4.3    THERMAL INTERFACE MATERIALS MARKET, BY TYPE    48
FIGURE 16    PHASE CHANGE MATERIALS TO WITNESS HIGHEST GROWTH    48
4.4    THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION    48
FIGURE 17    COMPUTERS TO BE LARGEST APPLICATION SEGMENT    48
4.5    THERMAL INTERFACE MATERIALS MARKET IN ASIA PACIFIC,
BY APPLICATION AND COUNTRY, 2021    49
FIGURE 18    CHINA AND COMPUTERS SEGMENT ACCOUNTED FOR LARGEST SHARES    49
4.6    THERMAL INTERFACE MATERIALS MARKET ATTRACTIVENESS    49
FIGURE 19    INDIA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD    49
5    MARKET OVERVIEW    50
5.1    INTRODUCTION    50
5.2    MARKET DYNAMICS    50
FIGURE 20    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
IN THERMAL INTERFACE MATERIALS MARKET    50
5.2.1    DRIVERS    51
5.2.1.1    Increasing demand for miniaturization of electronic devices    51
5.2.1.2    Growing LED market to drive demand for thermal interface materials    51
5.2.2    RESTRAINTS    51
5.2.2.1    Physical properties limiting performance of thermal
interface materials    51
TABLE 2    LIMITATIONS OF THERMAL INTERFACE MATERIALS    52
5.2.3    OPPORTUNITIES    52
5.2.3.1    Electrification in transportation industry    52
5.2.3.2    High-performance thermal interface materials in the
form of nanodiamonds    53
5.2.4    CHALLENGES    53
5.2.4.1    Finding optimum operating costs for end users    53
5.2.4.2    Granule size and amount of thermal interface materials applied    54
5.3    ECOSYSTEM/MARKET MAP    54
FIGURE 21    THERMAL INTERFACE MATERIALS MARKET: ECOSYSTEM/MARKET MAP    54
5.4    AVERAGE SELLING PRICE TREND/PRICING ANALYSIS    55
TABLE 3    THERMAL INTERFACE MATERIALS MARKET: AVERAGE SELLING PRICE
TREND, 2021 (USD THOUSAND/METRIC TON)    55
5.5    TECHNOLOGY ANALYSIS    55
5.6    INDUSTRY TRENDS    56
5.7    VALUE CHAIN ANALYSIS    56
FIGURE 22    VALUE CHAIN ANALYSIS OF THERMAL INTERFACE MATERIALS MARKET    56
5.8    PORTER’S FIVE FORCES ANALYSIS    57
FIGURE 23    PORTER’S FIVE FORCES ANALYSIS OF THERMAL INTERFACE
MATERIALS MARKET    57
5.8.1    BARGAINING POWER OF SUPPLIERS    58
5.8.2    THREAT OF NEW ENTRANTS    58
5.8.3    THREAT OF SUBSTITUTES    58
5.8.4    BARGAINING POWER OF BUYERS    59
5.8.5    RIVALRY AMONG EXISTING PLAYERS    59
5.8.6    MACROECONOMIC INDICATORS    59
5.8.6.1    INTRODUCTION    59
5.8.7    TRENDS AND FORECAST OF GDP    59
TABLE 4    TRENDS AND FORECAST OF GDP, BY KEY COUNTRY,
2016-2023 (USD MILLION)    60
5.8.8    GLOBAL ELECTRONICS INDUSTRY AND ECONOMIC OUTLOOK    61
5.8.9    EXPORT STATISTICS OF ELECTRONICS INDUSTRY, 2019    61
TABLE 5    EXPORT STATISTICS OF ELECTRONIC CIRCUIT, 2019 (USD BILLION)    62
6    THERMAL INTERFACE MATERIALS MARKET, BY CHEMISTRY    63
6.1    INTRODUCTION    64
FIGURE 24    THERMAL INTERFACE MATERIALS MARKET SIZE, BY CHEMISTRY,
2022 VS. 2027 (USD MILLION)    64
TABLE 6    THERMAL INTERFACE MATERIALS MARKET SIZE, BY CHEMISTRY,
2020–2027 (USD MILLION)    64
TABLE 7    THERMAL INTERFACE MATERIALS MARKET SIZE, BY CHEMISTRY,
2020–2027 (TON)    65
6.2    SILICONE    65
6.2.1    SUPERIOR PROPERTIES OVER OTHER THERMAL INTERFACE MATERIALS
TO DRIVE DEMAND FOR SILICONE    65
TABLE 8    THERMAL INTERFACE MATERIALS MARKET SIZE IN SILICONE, BY REGION, 2020–2027 (USD MILLION)    65
TABLE 9    THERMAL INTERFACE MATERIALS MARKET SIZE IN SILICONE, BY REGION, 2020–2027 (TON)    66
6.3    EPOXY    66
6.3.1    GREATER FILLER LOADING RESULTS IN GREATER THERMAL
CONDUCTIVITY OF EPOXY    66
TABLE 10    THERMAL INTERFACE MATERIALS MARKET SIZE IN EPOXY, BY REGION, 2020–2027 (USD MILLION)    66
TABLE 11    THERMAL INTERFACE MATERIALS MARKET SIZE IN EPOXY, BY REGION, 2020–2027 (TON)    67
6.4    POLYIMIDE    67
6.4.1    GROWTH IN ELECTRONICS INDUSTRY TO INCREASE DEMAND FOR POLYIMIDE    67
TABLE 12    THERMAL INTERFACE MATERIALS MARKET SIZE IN POLYIMIDE, BY REGION, 2020–2027 (USD MILLION)    67
TABLE 13    THERMAL INTERFACE MATERIALS MARKET SIZE IN POLYIMIDE, BY REGION, 2020–2027 (TON)    68
6.5    OTHERS    68
TABLE 14    THERMAL INTERFACE MATERIALS MARKET SIZE IN OTHER CHEMISTRIES,
BY REGION, 2020–2027 (USD MILLION)    68
TABLE 15    THERMAL INTERFACE MATERIALS MARKET SIZE IN OTHER CHEMISTRIES,
BY REGION, 2020–2027 (TON)    68
7    THERMAL INTERFACE MATERIALS MARKET, BY TYPE    69
7.1    INTRODUCTION    70
FIGURE 25    THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2022 VS. 2027 (USD MILLION)    70
TABLE 16    THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    70
TABLE 17    THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    71
7.2    GREASES & ADHESIVES    71
7.2.1    SUPERIOR PROPERTIES AND LOW MANUFACTURING COST
DRIVING MARKET IN THIS SEGMENT    71
7.3    TAPES & FILMS    72
7.3.1    INCREASING DEMAND IN TELECOM SECTOR BOOSTING MARKET    72
7.4    GAP FILLERS    72
7.4.1    GROWING END-USE INDUSTRIES IN EUROPE INFLUENCING MARKET GROWTH    72
7.5    METAL-BASED THERMAL INTERFACE MATERIALS    73
7.5.1    GROWING APPLICATIONS IN IT HARDWARE DEVICES TO PROPEL MARKET    73
7.6    PHASE CHANGE MATERIALS    73
7.6.1    WIDESPREAD APPLICATION IN PERSONAL COMPUTERS CONTRIBUTING
TO MARKET GROWTH    73
7.7    OTHERS    74
8    THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION    75
8.1    INTRODUCTION    76
FIGURE 26    THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2022 VS. 2027 (USD MILLION)    76
TABLE 18    THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2020–2027 (USD MILLION)    76
TABLE 19    THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2020–2027 (TON)    77

8.2    COMPUTERS    77
8.2.1    ADVANCEMENTS IN SUPERCOMPUTING TECHNOLOGIES TO DRIVE MARKET    77
TABLE 20    THERMAL INTERFACE MATERIALS MARKET SIZE IN COMPUTERS, BY REGION, 2020–2027 (USD MILLION)    77
TABLE 21    THERMAL INTERFACE MATERIALS MARKET SIZE IN COMPUTERS, BY REGION, 2020–2027 (TON)    78
8.3    TELECOM    78
8.3.1    GROWTH OF WIRELESS INFRASTRUCTURE TO FUEL DEMAND    78
TABLE 22    THERMAL INTERFACE MATERIALS MARKET SIZE IN TELECOM, BY REGION, 2020–2027 (USD MILLION)    78
TABLE 23    THERMAL INTERFACE MATERIALS MARKET SIZE IN TELECOM, BY REGION, 2020–2027 (TON)    79
8.4    MEDICAL DEVICES    79
8.4.1    INNOVATION AND DEVELOPMENT IN HEALTHCARE INDUSTRY TO BOOST MARKET IN THIS SEGMENT    79
TABLE 24    THERMAL INTERFACE MATERIALS MARKET SIZE IN MEDICAL DEVICES,
BY REGION, 2020–2027 (USD MILLION)    79
TABLE 25    THERMAL INTERFACE MATERIALS MARKET SIZE IN MEDICAL DEVICES,
BY REGION, 2020–2027 (TON)    80
8.5    INDUSTRIAL MACHINERY    80
8.5.1    GROWING INDUSTRIAL AUTOMATION TO INCREASE DEMAND
IN THIS SEGMENT    80
TABLE 26    THERMAL INTERFACE MATERIALS MARKET SIZE IN INDUSTRIAL MACHINERY, BY REGION, 2020–2027 (USD MILLION)    80
TABLE 27    THERMAL INTERFACE MATERIALS MARKET SIZE IN INDUSTRIAL MACHINERY, BY REGION, 2020–2027 (TON)    81
8.6    CONSUMER DURABLES    81
8.6.1    DEVELOPMENT IN SMART TECHNOLOGIES TO DRIVE MARKET    81
TABLE 28    THERMAL INTERFACE MATERIALS MARKET SIZE IN CONSUMER DURABLES, BY REGION, 2020–2027 (USD MILLION)    81
TABLE 29    THERMAL INTERFACE MATERIALS MARKET SIZE IN CONSUMER DURABLES, BY REGION, 2020–2027 (TON)    82
8.7    AUTOMOTIVE ELECTRONICS    82
8.7.1    GROWTH OF ELECTRIC & HYBRID VEHICLES TO DRIVE MARKET    82
TABLE 30    THERMAL INTERFACE MATERIALS MARKET SIZE IN AUTOMOTIVE ELECTRONICS, BY REGION, 2020–2027 (USD MILLION)    83
TABLE 31    THERMAL INTERFACE MATERIALS MARKET SIZE IN AUTOMOTIVE ELECTRONICS, BY REGION, 2020–2027 (TON)    83
8.8    OTHERS    84
TABLE 32    THERMAL INTERFACE MATERIALS MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2020–2027 (USD MILLION)    84
TABLE 33    THERMAL INTERFACE MATERIALS MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2020–2027 (TON)    84

9    THERMAL INTERFACE MATERIALS MARKET, BY REGION    85
9.1    INTRODUCTION    86
FIGURE 27    INDIA TO BE FASTEST-GROWING THERMAL INTERFACE MATERIALS MARKET    86
TABLE 34    THERMAL INTERFACE MATERIALS MARKET SIZE, BY REGION,
2020–2027 (USD MILLION)    87
TABLE 35    THERMAL INTERFACE MATERIALS MARKET SIZE, BY REGION,
2020–2027 (TON)    87
9.2    ASIA PACIFIC    87
FIGURE 28    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET    88
TABLE 36    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)    88
TABLE 37    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE, BY COUNTRY, 2020–2027 (TON)    89
TABLE 38    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (USD MILLION)    89
TABLE 39    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (TON)    90
TABLE 40    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    90
TABLE 41    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    90
TABLE 42    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    91
TABLE 43    ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    91
9.2.1    CHINA    92
9.2.1.1    Developed electronics industry to drive market    92
TABLE 44    CHINA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    92
TABLE 45    CHINA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    92
TABLE 46    CHINA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    93
TABLE 47    CHINA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    93
9.2.2    INDIA    93
9.2.2.1    Growth of aerospace & defense industry influencing market positively    93
TABLE 48    INDIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    94
TABLE 49    INDIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    94
TABLE 50    INDIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    94
TABLE 51    INDIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    95
9.2.3    JAPAN    95
9.2.3.1    Presence of established electronics manufacturers to drive market    95
TABLE 52    JAPAN: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    95
TABLE 53    JAPAN: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    96
TABLE 54    JAPAN: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    96
TABLE 55    JAPAN: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    96
9.2.4    SOUTH KOREA    97
9.2.4.1    Rising demand from electronics industry to increase demand    97
TABLE 56    SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    97
TABLE 57    SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    97
TABLE 58    SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    98
TABLE 59    SOUTH KOREA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    98
9.2.5    INDONESIA    99
9.2.5.1    Growing electronics and telecom sectors to propel market growth    99
TABLE 60    INDONESIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    99
TABLE 61    INDONESIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    99
TABLE 62    INDONESIA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    100
TABLE 63    INDONESIA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    100
9.2.6    REST OF ASIA PACIFIC    101
TABLE 64    REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY TYPE, 2020–2027 (USD MILLION)    101
TABLE 65    REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY TYPE, 2020–2027 (TON)    101
TABLE 66    REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    102
TABLE 67    REST OF ASIA PACIFIC: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    102
9.3    NORTH AMERICA    103
FIGURE 29    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SNAPSHOT    104
TABLE 68    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY COUNTRY, 2020–2027 (USD MILLION)    104
TABLE 69    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY COUNTRY, 2020–2027 (TON)    105
TABLE 70    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    105
TABLE 71    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    105
TABLE 72    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    106
TABLE 73    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    106
TABLE 74    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (USD MILLION)    106
TABLE 75    NORTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (TON)    107
9.3.1    US    107
9.3.1.1    Presence of major players contributing to market growth    107
TABLE 76    US: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    107
TABLE 77    US: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    108
TABLE 78    US: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2020–2027 (USD MILLION)    108
TABLE 79    US: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2020–2027 (TON)    108
9.3.2    CANADA    109
9.3.2.1    Growing end-use industries such as electronics and telecom    109
TABLE 80    CANADA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    109
TABLE 81    CANADA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    110
TABLE 82    CANADA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    110
TABLE 83    CANADA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    110
9.3.3    MEXICO    111
9.3.3.1    Leading electronics manufacturing center due to global access through FTA    111
TABLE 84    MEXICO: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    111
TABLE 85    MEXICO: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    111
TABLE 86    MEXICO: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    112
TABLE 87    MEXICO: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    112
9.4    EUROPE    113
FIGURE 30    EUROPE: THERMAL INTERFACE MATERIALS MARKET SNAPSHOT    113
TABLE 88    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)    114
TABLE 89    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY COUNTRY, 2020–2027 (TON)    114
TABLE 90    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY CHEMISTRY, 2020–2027 (USD MILLION)    114
TABLE 91    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY CHEMISTRY, 2020–2027 (TON)    115
TABLE 92    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    115
TABLE 93    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    115
TABLE 94    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    116
TABLE 95    EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    116
9.4.1    GERMANY    117
9.4.1.1    High demand for thermal interface materials in various applications    117
TABLE 96    GERMANY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    117
TABLE 97    GERMANY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    117
TABLE 98    GERMANY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    118
TABLE 99    GERMANY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    118
9.4.2    UK    119
9.4.2.1    High use of thermal interface materials in medical devices    119
TABLE 100    UK: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    119
TABLE 101    UK: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    119
TABLE 102    UK: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2020–2027 (USD MILLION)    120
TABLE 103    UK: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION,
2020–2027 (TON)    120
9.4.3    FRANCE    121
9.4.3.1    High usage of thermal interface materials in automotive industry    121
TABLE 104    FRANCE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    121
TABLE 105    FRANCE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    121
TABLE 106    FRANCE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    122
TABLE 107    FRANCE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    122
9.4.4    RUSSIA    123
9.4.4.1    Increasing demand for high-performance thermal interface materials    123
TABLE 108    RUSSIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    123
TABLE 109    RUSSIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    123
TABLE 110    RUSSIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    124
TABLE 111    RUSSIA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    124
9.4.5    TURKEY    125
9.4.5.1    High demand for thermal grease boosting market    125
TABLE 112    TURKEY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    125
TABLE 113    TURKEY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    125
TABLE 114    TURKEY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    126
TABLE 115    TURKEY: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    126
9.4.6    POLAND    127
9.4.6.1    High demand in electronic industry driving market    127
TABLE 116    POLAND: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    127
TABLE 117    POLAND: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    127
TABLE 118    POLAND: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    128
TABLE 119    POLAND: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    128
9.4.7    REST OF EUROPE    129
TABLE 120    REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    129
TABLE 121    REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    129
TABLE 122    REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    130
TABLE 123    REST OF EUROPE: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    130
9.5    SOUTH AMERICA    131
TABLE 124    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY COUNTRY, 2020–2027 (USD MILLION)    131
TABLE 125    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY COUNTRY, 2020–2027 (TON)    131
TABLE 126    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    132
TABLE 127    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    132
TABLE 128    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    132
TABLE 129    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    133
TABLE 130    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (USD MILLION)    133
TABLE 131    SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (TON)    133
9.5.1    BRAZIL    134
9.5.1.1    Growing Internet user base and technological advancement    134
TABLE 132    BRAZIL: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    134
TABLE 133    BRAZIL: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
 2020–2027 (TON)    134
TABLE 134    BRAZIL: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    135
TABLE 135    BRAZIL: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    135
9.5.2    ARGENTINA    136
9.5.2.1    Increase in population, Internet user base, medical industry,
and manufacturing sector    136
TABLE 136    ARGENTINA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    136
TABLE 137    ARGENTINA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    136
TABLE 138    ARGENTINA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    137
TABLE 139    ARGENTINA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    137
9.5.3    REST OF SOUTH AMERICA    137
TABLE 140    REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    138
TABLE 141    REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    138
TABLE 142    REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    138
TABLE 143    REST OF SOUTH AMERICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    139
9.6    MIDDLE EAST & AFRICA    139
TABLE 144    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY COUNTRY, 2020–2027(USD MILLION)    140
TABLE 145    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY COUNTRY, 2020–2027(TON)    140
TABLE 146    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY TYPE, 2020–2027(USD MILLION)    140
TABLE 147    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY TYPE, 2020–2027(TON)    141
TABLE 148    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
 BY APPLICATION, 2020–2027 (USD MILLION)    141
TABLE 149    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    142
TABLE 150    MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (USD MILLION)    142
TABLE 151    MIDDLE EAST & AFRICA THERMAL INTERFACE MATERIALS MARKET SIZE,
BY CHEMISTRY, 2020–2027 (TON)    142

9.6.1    SAUDI ARABIA    143
9.6.1.1    Population growth, government’s fiscal policies, and growth of industrial sector    143
TABLE 152    SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    143
TABLE 153    SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    144
TABLE 154    SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (USD MILLION)    144
TABLE 155    SAUDI ARABIA: THERMAL INTERFACE MATERIALS MARKET SIZE,
BY APPLICATION, 2020–2027 (TON)    145
9.6.2    UAE    145
9.6.2.1    Free-trade zones, proximity to ports, and supportive government investment policies attracting high foreign direct investments    145
TABLE 156    UAE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (USD MILLION)    145
TABLE 157    UAE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE,
2020–2027 (TON)    146
TABLE 158    UAE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    146
TABLE 159    UAE: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    146
9.6.3    REST OF MIDDLE EAST & AFRICA    147
TABLE 160    REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (USD MILLION)    147
TABLE 161    REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY TYPE, 2020–2027 (TON)    147
TABLE 162    REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)    148
TABLE 163    REST OF MIDDLE EAST & AFRICA: THERMAL INTERFACE MATERIALS MARKET SIZE, BY APPLICATION, 2020–2027 (TON)    148
10    COMPETITIVE LANDSCAPE    149
10.1    INTRODUCTION    149
10.2    STRATEGIES ADOPTED BY KEY PLAYERS    150
FIGURE 31    COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY
GROWTH STRATEGY, 2014–2022    150
10.3    MARKET RANKING    151
FIGURE 32    RANKING OF TOP FIVE PLAYERS IN THERMAL INTERFACE MATERIALS MARKET, 2021    152
10.4    COMPANY EVALUATION QUADRANT (TIER 1)    152
10.4.1    STAR    152
10.4.2    PERVASIVE    152
10.4.3    EMERGING LEADER    152
10.4.4    PARTICIPANT    152
FIGURE 33    THERMAL INTERFACE MATERIALS MARKET: COMPANY EVALUATION QUADRANT, 2021    153
10.5    START-UP/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT    153
10.5.1    PROGRESSIVE COMPANIES    153
10.5.2    RESPONSIVE COMPANIES    153
10.5.3    STARTING BLOCKS    154
10.5.4    DYNAMIC COMPANIES    154
FIGURE 34    STARTUP/SMES EVALUATION QUADRANT FOR THERMAL INTERFACE MATERIALS MARKET    154
10.6    COMPETITIVE SITUATIONS AND TRENDS    155
10.6.1    PRODUCT LAUNCHES    155
TABLE 164    THERMAL INTERFACE MATERIALS MARKET: PRODUCT LAUNCHES,
 JANUARY 2014–JANUARY 2022    155
10.6.2    DEALS    157
TABLE 165    THERMAL INTERFACE MATERIALS MARKET: DEALS, JANUARY
2014- JANUARY 2022    157
10.6.3    OTHERS    158
TABLE 166    THERMAL INTERFACE MATERIALS MARKET: OTHERS, JANUARY
2014- JANUARY 2022    158
11    COMPANY PROFILES    160
11.1    KEY COMPANIES    160
(Business Overview, Products and solutions, Recent Developments, SWOT analysis, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
11.1.1    HONEYWELL INTERNATIONAL INC.    160
TABLE 167    HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW    160
FIGURE 35    HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT    161
TABLE 168    HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED    161
TABLE 169    HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES    162
TABLE 170    HONEYWELL INTERNATIONAL INC.: OTHERS    162
FIGURE 36    HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS    163
FIGURE 37    HONEYWELL INTERNATIONAL INC.: WINNING IMPERATIVES    163
11.1.2    3M    165
TABLE 171    3M: COMPANY OVERVIEW    165
FIGURE 38    3M: COMPANY SNAPSHO    165
TABLE 172    3M: PRODUCTS OFFERED    166
TABLE 173    3M: DEALS    166
TABLE 174    3M.: OTHERS    167
FIGURE 39    3M: SWOT ANALYSIS    167
FIGURE 40    3M: WINNING IMPERATIVES    168
11.1.3    HENKEL AG & CO. KGAA    169
TABLE 175    HENKEL AG & CO. KGAA: COMPANY OVERVIEW    169
FIGURE 41    HENKEL AG & CO. KGAA: COMPANY SNAPSHOT    169
TABLE 176    HENKEL AG & CO. KGAA: PRODUCTS OFFERED    170
TABLE 177    HENKEL AG & CO. KGAA: PRODUCT LAUNCHES    171
TABLE 178    HENKEL AG & CO. KGAA.: DEAL    171
TABLE 179    HENKEL AG & CO. KGAA: OTHERS    172
FIGURE 42    HENKEL AG & CO. KGAA: SWOT ANALYSIS    173
FIGURE 43    HENKEL AG & CO. KGAA: WINNING IMPERATIVES    173
11.1.4    PARKER HANNIFIN CORP    175
TABLE 180    PARKER HANNIFIN CORP: COMPANY OVERVIEW    175
FIGURE 44    PARKER HANNIFIN CORP: COMPANY SNAPSHOT    175
TABLE 181    PARKER HANNIFIN CORP: PRODUCTS OFFERED    176
TABLE 182    PARKER HANNIFIN CORP.: PRODUCT LAUNCHES    177
TABLE 183    PARKER HANNIFIN CORP: DEALS    177
FIGURE 45    PARKER HANNIFIN CORP: SWOT ANALYSIS    178
FIGURE 46    PARKER HANNIFIN CORP: WINNING IMPERATIVES    178
11.1.5    DOW    180
TABLE 184    DOW: COMPANY OVERVIEW    180
FIGURE 47    DOW: COMPANY SNAPSHOT    181
TABLE 185    DOW: PRODUCTS OFFERED    181
TABLE 186    DOW: PRODUCT LAUNCHES    182
TABLE 187    DOW: OTHERS    182
FIGURE 48    DOW: SWOT ANALYSIS    183
FIGURE 49    DOW: WINNING IMPERATIVES    183
11.1.6    LAIRD TECHNOLOGIES, INC.    185
TABLE 188    LAIRD TECHNOLOGIES, INC.: COMPANY OVERVIEW    185
TABLE 189    LAIRD TECHNOLOGIES, INC.: PRODUCTS OFFERED    186
TABLE 190    LAIRD TECHNOLOGIES, INC.: PRODUCT LAUNCH    187
11.1.7    MOMENTIVE    188
TABLE 191    MOMENTIVE: COMPANY OVERVIEW    188
TABLE 192    MOMENTIVE: PRODUCTS OFFERED    188
TABLE 193    MOMENTIVE: PRODUCT LAUNCH    189
TABLE 194    MOMENTIVE: DEAL    189
TABLE 195    MOMENTIVE: OTHERS    190
11.1.8    INDIUM CORPORATION    191
TABLE 196    INDIUM CORPORATION: COMPANY OVERVIEW    191
TABLE 197    INDIUM CORPORATION: PRODUCTS OFFERED    191
TABLE 198    TORAY INDUSTRIES, INC.: PRODUCT LAUNCHES    192
11.1.9    WAKEFIELD THERMAL, INC.    193
TABLE 199    WAKEFIELD THERMAL, INC.: COMPANY OVERVIEW    193
TABLE 200    WAKEFIELD THERMAL, INC.: PRODUCTS OFFERED    194
TABLE 201    WAKEFIELD THERMAL, INC.: DEALS    195
TABLE 202    WAKEFIELD THERMAL, INC.: OTHERS    195
11.1.10    ZALMAN TECH CO., LTD.    196
TABLE 203    ZALMAN TECH CO., LTD.: COMPANY OVERVIEW    196
TABLE 204    ZALMAN TECH CO., LTD.: PRODUCTS OFFERED    196
TABLE 205    ZALMAN TECH CO., LTD.: PRODUCT LAUNCH    196
11.2    OTHER COMPANIES    197
11.2.1    TIMTRONICS    197
11.2.2    SCHLEGEL ELECTRONIC MATERIALS, INC.    197
11.2.3    DENKA COMPANY LTD.    198
11.2.4    AREMCO PRODUCTS INC.    198
11.2.5    UNIVERSAL SCIENCE    199
11.2.6    LORD CORPORATION    199
11.2.7    MASTER BOND INC.    200
11.2.8    RBC INDUSTRIES    200
11.2.9    ELECTROLUBE    201
11.2.10    SEMIKRON INTERNATIONAL GMBH    201
*Details on Business Overview, Products and solutions, Recent Developments, SWOT analysis, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.
12    APPENDIX    202
12.1    DISCUSSION GUIDE    202
12.2    KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL    205
12.3    AVAILABLE CUSTOMIZATIONS    207
12.4    RELATED REPORTS    207
12.5    AUTHOR DETAILS    208"