The market is witnessing high growth because of the increasing need of thermal management in electronic devices, and growing demand in APAC and North American regions. TIMs are used to fill the small voids and imperfections between the heat sinks and heat sources to minimize the interface thermal resistance. TIMs are used to bond the two components and eliminate air gaps from the interface, creating a thermally conductive bond that efficiently transfers heat from the critical operating components of the device.
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Key content of this market:
The global Thermal Interface Material market has grown significantly during the last few years due to the increasing demand for thermal management to keep electronic devices running smoothly. The market is expected to grow rapidly in the next five years, mainly driven by the growing consumption in APAC & North American regions and increasing demand for thermal management in medical devices.
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APAC is the largest consumer of Thermal Interface Materials globally. The market size in APAC is projected to grow with a CAGR of 12.5%, in terms of value, between 2015 and 2020. China, Japan, South Korea, and India are the leading markets for TIMs in APAC. The demand for TIMs in these markets is fueled by growth in end-use industries such as automotive, medical, electrical & electronics, telecom and so on.
This study estimates the global market for 2014 and projects the expected demand of the same by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global market. It also includes a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, challenges, and key issues.


The market is further segmented and projected based on important regions North America, Europe, APAC, and RoW (Rest of the World). The market size for leading countries of each region, in terms of volume and value, is estimated. Various secondary sources, such as encyclopedia, directories, and databases have been used to identify and collect information for this extensive commercial study of the thermal interface material market. The primary sources, experts from related industries and suppliers, have been interviewed to obtain and verify crucial information as well as to understand the future prospects of Thermal Interface Materials.
The Thermal Interface Materials are mainly used in:
• Computers
• Telecom
• Medical Devices
• Industrial Machinery
• Consumer Durables
• Automotive Electronics
• Military and office equipment
Greases & Adhesives: Largest Segment of TIMs Market
Greases & Adhesives is currently the largest segment of thermal interface material market. Thermal grease is a paste comprised of thermally conductive ceramic fillers in silicone or hydrocarbon oils. Thermal greases are made up of a non-curing polymeric matrix to which conductive filler particles are added to make the greases & adhesives thermally conductive. OEMs prefer to use greases & adhesives because of their ability to flow into any nook of the intended application and conform to a wide range of surface roughness present on any housing, heat spreader, or heat sink surface
Computers: Largest Application Segment of TIMs Market
Computer is the largest segment of thermal interface material market by applications. TIMs are commonly used for enhancing the thermal conductivity from the CPU or GPU to the heatsink coolers. Compute components such as CPUs, chipsets, graphics cards, and hard disk drives are susceptible to failure in case of overheating. In terms of value, the market size for computers segment is projected to grow at a CAGR of 11.3% between 2015 and 2020.
This study estimates the global market for 2014 and projects the expected demand of the same by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global market. It also includes a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, challenges, and key issues. The market is further segmented and projected based on important regions North America, Europe, APAC, and RoW (Rest of the World). The market size for leading countries of each region, in terms of volume and value, is estimated.