Market by Product Type, Application, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report states that the North America thermal interface materials market is estimated to progress with a CAGR of 10.06% during the forecast years 2023-2030.
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The countries explored in the region are:
•
United States
•
Canada
The North American thermal interface materials
market is experiencing significant growth, primarily due to the aging
population in the United States. This demographic shift has led to increased
demand for medical devices that rely on TIMs for effective thermal management.
Additionally, the region hosts prominent consumer electronics companies, such
as Apple and Samsung, which prioritize the thermal performance of their
products. Furthermore, ongoing innovations by these electronics firms are
driving further demand for these materials.
The
United States secures major shares in the regional market. The automotive industry in the United States
is experiencing growth, primarily driven by the rising demand for vehicles,
particularly electric and hybrid. This surge in demand has increased the
requirement for thermal interface materials to efficiently cool electronic
components and batteries within these vehicles.
Further, in a competitive consumer electronics
market dominated by industry giants like Apple and Samsung, TIMs play a crucial
role in improving thermal performance. Notably, the market for thermal
interface materials is positioned for ongoing development, with continual
innovations spearheaded by leading electronic companies such as Intel,
Microsoft, Amazon, and Dell.
The computer industry experiences substantial
growth due to the continuous evolution of computing technologies and the rising
need for high-performance electronic devices. This pertains to various
computing devices, such as desktop computers, laptops, servers, and data
centers, which produce significant heat while operating. To address this issue,
thermal interface materials like thermal pastes, thermal pads, and phase-change
materials are utilized. These materials enhance the transfer of heat from essential
components like central processing units (CPUs), graphic processing units
(GPUs), memory modules, etc.
The
market is segmented into product type and application. The application segment consists of computers,
automotive electronics, medical devices, industrial machinery, telecom, and
other applications.
The
leading companies in the market’s report include Dow Chemical Company,
Shin-Etsu Chemical Co Ltd, 3M, Honeywell International Inc, and Momentive
Performance Materials Inc.
Dow
Chemical Company is a prominent material science company, operating primarily
through its wholly-owned subsidiary, The Dow Chemical Co (TDCC). The company’s
diverse product portfolio encompasses plastics, performance materials,
coatings, silicones, and industrial intermediates. These offerings cater to a
wide range of customers in sectors like packaging, infrastructure, mobility,
and consumer care. Dow’s products serve multiple industries, such as personal
care, durable goods, adhesives, sealants, etc. The company maintains a global
presence, with headquarters situated in Midland, Michigan, the United States.
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 North America 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 NA thermal
interface materials market’s growth during the upcoming years
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can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA THERMAL INTERFACE MATERIALS MARKET – COUNTRY OUTLOOK
5.1. NORTH
AMERICA
5.1.1. COUNTRY
ANALYSIS
5.1.1.1. UNITED
STATES
5.1.1.1.1. UNITED
STATES THERMAL INTERFACE MATERIALS MARKET FORECAST & PROSPECTS
5.1.1.2. CANADA
5.1.1.2.1. CANADA
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: NORTH AMERICA 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: NORTH AMERICA THERMAL
INTERFACE MATERIALS MARKET, BY PRODUCT TYPE, 2023-2030 (IN $ MILLION)
TABLE 6: NORTH AMERICA THERMAL
INTERFACE MATERIALS MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
TABLE 7: NORTH
AMERICA THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $
MILLION)
FIGURE 1: INDUSTRY COMPONENTS
FIGURE 2: KEY BUYING IMPACT
ANALYSIS
FIGURE 3: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE 4: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY GREASES & ADHESIVES, 2023-2030 (IN $
MILLION)
FIGURE 5: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY THERMAL PADS, 2023-2030 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY TAPES & FILMS, 2023-2030 (IN $
MILLION)
FIGURE 7: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY PHASE CHANGE MATERIALS, 2023-2030 (IN $
MILLION)
FIGURE 8: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY METAL-BASED THERMAL INTERFACE MATERIALS,
2023-2030 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY OTHER PRODUCT TYPES, 2023-2030 (IN $
MILLION)
FIGURE 10: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 11: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY AUTOMOTIVE ELECTRONICS, 2023-2030 (IN $
MILLION)
FIGURE 12: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY COMPUTERS, 2023-2030 (IN $ MILLION)
FIGURE 13: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY TELECOM, 2023-2030 (IN $ MILLION)
FIGURE 14: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY CONSUMER DURABLES, 2023-2030 (IN $
MILLION)
FIGURE 15: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY MEDICAL DEVICES, 2023-2030 (IN $
MILLION)
FIGURE 16: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY INDUSTRIAL MACHINERY, 2023-2030 (IN $
MILLION)
FIGURE 17: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $
MILLION)
FIGURE 18: NORTH AMERICA
THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 19: UNITED STATES
THERMAL INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)
FIGURE 20: CANADA THERMAL
INTERFACE MATERIALS MARKET 2023-2030 (IN $ MILLION)