Thermal Interface Materials Market Analysis

Type (Greases, Tapes)

The greases segment is expected to account for 60% share of the global thermal interface materials market in the year 2037. Greases are the most widely used type of TIMs. They are easy to apply and have good thermal conductivity. Tapes & films are also popular, as they are thin and flexible, making them easy to use in tight spaces. Gap filler metallic TIMs are used in applications where there is a large gap between the two surfaces. Phase change materials are becoming increasingly popular, as they have the ability to change phase from solid to liquid and back again, which helps to dissipate heat more effectively.

End User (Electronics, Automotive, Telecommunications)

The automotive segment is expected to garner a significant share in the year 2037. The surge in electric vehicle adoption necessitates effective thermal management to optimize battery performance and ensure safety, driving the demand for high-performance TIM solutions. The International Energy Agency reports that global electric car stock reached over 10 million in 2022, signifying the rapid growth of the electric vehicle market.

Our in-depth analysis of the global market includes the following segments: