Market by Product Type, Application, and Country Outlook | Forecast 2023-2030
Triton’s report estimates the Asia-Pacific thermal interface materials market is assessed to advance at a compound annual growth rate of 10.48% in revenue during the 2023-2030 forecast period.
Report scope can be customized per your requirements - Request Free Sample Report
The
countries researched in the region include:
•
China
•
India
•
Japan
•
South Korea
•
Australia & New Zealand
•
ASEAN Countries
•
Rest of Asia-Pacific
The growth of the Asia-Pacific thermal interface materials market is
fueled by the expansion of various industries, including data centers, 5G
technology, and advanced driver-assistance systems (ADAS), which all rely on
TIMs to efficiently manage heat. Moreover, government initiatives in countries
like India and Thailand are contributing to the increased demand for TIMs, as
they support industries that heavily rely on these materials.
China leads the market in the region with the
majority of shares.
The nation dominates the electric vehicle sector, with more than 60% of
worldwide electric vehicle sales. Currently, China represents over half of
all-electric vehicles in circulation, exceeding its 2025 target for new energy
vehicle sales. As per the International Energy Agency (IEA), China is expected
to maintain its status as the foremost electric car industry. However,
increasing the adoption of electric transportation requires the advancement of
electric energy storage and traction drive systems, which significantly boosts
the demand for thermal interface materials.
Furthermore, Japan is home to prominent industry leaders in the
technology, automotive, and electronics sectors. This, in turn, has led to
significant initiatives, leading to sustained demand for thermal interface
materials in the region. For instance, in December 2022, Arieca Inc, known for
its liquid-metal-based thermal interface materials, established a partnership
with Nissan Chemical Corporation to manufacture thermal interface materials in
Asia.
Greases and adhesives are essential for improving thermal management in
electronic devices. Thermal greases, often referred to as thermal compounds,
are composed of a base material infused with thermally conductive fillers. They
serve the purpose of filling gaps between surfaces and enhancing thermal
conductivity. Similarly, thermal adhesives, which can be made from materials
like epoxy resins or acrylic-based substances, aid in efficient heat transfer
and bolster the bond between heat-generating components and heat sinks.
The market’s growth is determined based on
product type and application.
The product type section includes greases & adhesives, tapes & films,
metal-based TMIs, thermal pads, phase change materials, and other product
types.
Key players in the market include Momentive
Performance Materials Inc, Shin-Etsu Chemical Co Ltd, Honeywell International
Inc, and Laird Technologies Inc.
Shin-Etsu Chemical Co Ltd is a renowned chemical manufacturing company
specializing in the production and distribution of organic and inorganic
chemicals, as well as electronic and functional materials. Among its diverse
range of products are silicones, semiconductor silicon, cellulose derivatives,
LED packaging materials, polyvinyl chloride (PVC), etc. These offerings serve
various industries, including infrastructure, digital home appliances,
agriculture, electrical wiring, and mobile devices. Shin-Etsu’s operations span
across multiple countries, with headquarters in Chiyoda-ku, Japan.
KEY
DELIVERABLES OF THE REPORT:
●
Market CAGR during the forecasting years 2023-2030
●
Detailed data highlighting key insights, industry components, and
market strategies
●
Comprehensive information and estimation of the thermal interface
materials market revenue growth in the Asia-Pacific and its influence on the
parent market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the APAC
thermal interface materials market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
Market Segmented By Type, Appl ..
VIEW REPORT
Market By Raw Material, End-us ..
VIEW REPORT
Market by Type, Raw Material, ..
VIEW REPORT
Market by Technology, Type, En ..
VIEW REPORT
Market by Function, Product Ty ..
VIEW REPORT
Market by Product Type, Applic ..
VIEW REPORT
Market by Product, Industry Ve ..
VIEW REPORT
Market by Type, Material, Indu ..
VIEW REPORT1. ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE THERMAL INTERFACE MATERIALS MARKET
2.1.1. COVID-19
IMPACT
2.1.2. UKRAINE-RUSSIA
WAR IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. INDUSTRY
COMPONENTS
2.3.1. RAW
MATERIAL SUPPLIERS
2.3.2. MANUFACTURERS
2.3.3. END-USER
2.4. KEY
BUYING IMPACT ANALYSIS
2.4.1. EASE
OF APPLICATION & INSTALLATION
2.4.2. RELIABILITY
2.4.3. PERFORMANCE
2.4.4. TYPE
2.4.5. COMPATIBILITY
2.5. KEY
MARKET STRATEGIES
2.5.1. COLLABORATIONS
2.5.2. PRODUCT
LAUNCHES
2.5.3. ACQUISITIONS
2.6. MARKET
DRIVERS
2.6.1. INCREASING
NEED FOR ADVANCED ELECTRONICS
2.6.2. GROWING
LED MARKET
2.6.3. ADVANCING
ELECTRIFICATION IN THE AUTOMOTIVE SECTOR
2.6.4. DIVERSE
INDUSTRIAL APPLICATIONS
2.6.5. GROWING
DEMAND FOR SEAMLESS CONNECTIVITY
2.7. MARKET
CHALLENGES
2.7.1. DETERMINING
OPTIMAL OPERATIONAL COSTS FOR END-USERS
2.7.2. PHYSICAL
PROPERTIES CONSTRAINING PERFORMANCE
2.8. MARKET
OPPORTUNITIES
2.8.1. INCREASING
COMMERCIAL ADOPTION OF MMC AND CMC MATERIALS
2.8.2. ADVANCEMENTS
IN TECHNOLOGY
2.9. ANALYST PERSPECTIVE
3. ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET – BY PRODUCT TYPE
3.1. GREASES
& ADHESIVES
3.2. THERMAL
PADS
3.3. TAPES
& FILMS
3.4. PHASE
CHANGE MATERIALS
3.5. METAL-BASED
THERMAL INTERFACE MATERIALS
3.6. OTHER
PRODUCT TYPES
4. ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET – BY APPLICATION
4.1. AUTOMOTIVE
ELECTRONICS
4.2. COMPUTERS
4.3. TELECOM
4.4. CONSUMER
DURABLES
4.5. MEDICAL
DEVICES
4.6. INDUSTRIAL
MACHINERY
4.7. OTHER
APPLICATIONS
5. ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET – BY COUNTRY OUTLOOK
5.1. ASIA-PACIFIC
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. CHINA
5.1.1.1.1. CHINA
THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.2. JAPAN
5.1.1.2.1. JAPAN
THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.3. INDIA
5.1.1.3.1. INDIA
THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.4. SOUTH
KOREA
5.1.1.4.1. SOUTH
KOREA THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.5. ASEAN
COUNTRIES
5.1.1.5.1. ASEAN
COUNTRIES THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.6. AUSTRALIA
& NEW ZEALAND
5.1.1.6.1. AUSTRALIA
& NEW ZEALAND THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.7. REST
OF ASIA-PACIFIC
5.1.1.7.1. REST
OF ASIA-PACIFIC THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. DOW
CHEMICAL COMPANY
6.1.1. OVERVIEW
6.1.2. PRODUCT
PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. AAVID
THERMALLOY LLC
6.2.1. OVERVIEW
6.2.2. PRODUCT
PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. 3M
6.3.1. OVERVIEW
6.3.2. PRODUCT
PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. SHIN-ETSU
CHEMICAL CO LTD
6.4.1. OVERVIEW
6.4.2. PRODUCT
PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. MOMENTIVE
PERFORMANCE MATERIALS INC
6.5.1. OVERVIEW
6.5.2. PRODUCT
PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. HONEYWELL
INTERNATIONAL INC
6.6.1. OVERVIEW
6.6.2. PRODUCT
PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGE
6.7. LAIRD
TECHNOLOGIES INC
6.7.1. OVERVIEW
6.7.2. PRODUCT
PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. INDIUM
CORPORATION
6.8.1. OVERVIEW
6.8.2. PRODUCT
PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. WAKEFIELD
THERMAL INC
6.9.1. OVERVIEW
6.9.2. PRODUCT
PORTFOLIO
6.10. PARKER
HANNIFIN CORPORATION
6.10.1. OVERVIEW
6.10.2. PRODUCT
PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
6.11. TIMTRONICS
6.11.1. OVERVIEW
6.11.2. PRODUCT
PORTFOLIO
6.12. HENKEL
AG & CO KGAA
6.12.1. OVERVIEW
6.12.2. PRODUCT
PORTFOLIO
6.12.3. KEY
STRENGTHS
6.12.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF COLLABORATIONS
TABLE 3: LIST OF PRODUCT
LAUNCHES
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY PRODUCT TYPE, 2023-2030 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC THERMAL INTERFACE
MATERIALS MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $
MILLION)
FIGURE 1: INDUSTRY COMPONENTS
FIGURE 2: KEY BUYING IMPACT
ANALYSIS
FIGURE 3: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE 4: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY GREASES & ADHESIVES, 2023-2030 (IN $
MILLION)
FIGURE 5: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY THERMAL PADS, 2023-2030 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY TAPES & FILMS, 2023-2030 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY PHASE CHANGE MATERIALS, 2023-2030 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY METAL-BASED THERMAL INTERFACE MATERIALS,
2023-2030 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC THERMAL
INTERFACE MATERIALS MARKET, BY OTHER PRODUCT TYPES, 2023-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 11: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY AUTOMOTIVE ELECTRONICS, 2023-2030 (IN $
MILLION)
FIGURE 12: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY COMPUTERS, 2023-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY TELECOM, 2023-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY CONSUMER DURABLES, 2023-2030 (IN $
MILLION)
FIGURE 15: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY MEDICAL DEVICES, 2023-2030 (IN $
MILLION)
FIGURE 16: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY INDUSTRIAL MACHINERY, 2023-2030 (IN $
MILLION)
FIGURE 17: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $
MILLION)
FIGURE 18: ASIA-PACIFIC
THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 19: CHINA THERMAL
INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 20: JAPAN THERMAL
INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: INDIA THERMAL
INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: SOUTH KOREA THERMAL
INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: ASEAN COUNTRIES
THERMAL INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: AUSTRALIA & NEW
ZEALAND THERMAL INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: REST OF
ASIA-PACIFIC THERMAL INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)