Liquid Thermal Interface Materials Market: Compactness’ Feature Driving Adoption

According to a recent study by Fact.MR, demand for liquid thermal interface materials is estimated to grow at 4.5% in 2019 over 2018. Gains are likely to be driven by development of novel liquid thermal interface materials and their widespread adoption in electrical and automotive industries.

According to the study, as adoption of artificial intelligence and machine learning technology grows, the demand for high-performance computing solutions is on the rise. With consumers increasingly preferring compact high-processing laptops and PCs, integrated circuit manufacturers are focusing on the production of high-density circuits with smaller sizes. Demand for high-performance computing continues to surge with incremental growth in the sales of high-performance gaming laptops and alienware.

The business intelligence study of the liquid thermal interface materials market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the liquid thermal interface materials market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the liquid thermal interface materials market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Latin America
  • MEA

The key players in the ****** liquid thermal interface materials market report consist of

  • Henkel Corp
  • DowDuPont
  • Parker Hannifin Corp
  • Laird Technology
  • Shin-Etsu Chemical Ltd
  • Boyd Corporation
  • Momentive Inc
  • Indium Corporation
  • Marian Inc

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Challenges with Silicone Thermal Management Creating Opportunities

Silicone-based thermal interface materials are the conventional thermal management systems being used in LEDs since their inception. However, recent studies have linked silicone-based thermal interface materials to be a vital cause for the decreased output of LEDs over time. According to the Fact.MR study, manufacturers are making a shift towards other alternatives due to these challenges. These shifts have also been complemented by the rising cost of producing silicone.

The gradual shift to non-silicone-based thermal interface material is likely to open up lucrative opportunities for liquid thermal interface material manufacturers with LEDs finding growing adoption in households and automobile industry owing to its cost-effectiveness and eco-friendly nature. Companies are launching new products to leverage the growing demand for non-silicone based thermal interface material in the LED industry, a recent example being Electrolube’s launch of two non-silicone thermal pastes in Heat Transfer Compound Plus and Heat Transfer Compound.

Each market player encompassed in the liquid thermal interface materials market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the liquid thermal interface materials market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.

On the basis of types, the ****** liquid thermal interface materials market report covers the footprint, and consumption of the segments including

  • Thermal Grease
  • Thermal Adhesive Fluids
  • Thermal Liquid Metal

The ****** liquid thermal interface materials market covers the demand trends of each application which includes

  • Automotive Electronics
  • Computers
  • Communication Devices
  • Consumer Electronics
  • Medical Devices

What insights readers can gather from the liquid thermal interface materials market report?

  • Learn the behavior pattern of every liquid thermal interface materials market player – product launches, expansions, collaborations and acquisitions in the market currently.
  • Examine and study the progress outlook of the ****** liquid thermal interface materials market landscape, which includes, revenue, production & consumption and historical & forecast.
  • Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
  • Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.

Europe Remains the Largest Market for Liquid Thermal Interface Materials

According to Fact.MR’s research, Europe is expected to remain at the forefront of liquid thermal interface material market growth. Burgeoning investments in the electric vehicle market, coupled with numerous initiatives popularizing the adoption of the eco-friendly alternatives are likely to present lucrative opportunities for liquid thermal interface material manufacturers with thermal management occupying the primal focus of electric vehicle battery manufacturers.

Numerous companies are expanding their production facilities or setting up new manufacturing sites to capitalize on the growing demand for thermal interface materials in Europe. For instance, Sekisui Chemicals Ltd., a leading manufacturer of thermal interface material, announced it would be setting up a production facility in the Netherlands specifically to meet the burgeoning demand for thermal interface material in the electronic vehicle industry in Europe. Due to these factors, Europe is estimated to account for the production of more than 20% of liquid thermal interface materials in 2019.

The liquid thermal interface materials market report answers the following queries:

  • Which players hold the significant liquid thermal interface materials market share and why?
  • What strategies are the liquid thermal interface materials market players forming to gain a competitive edge?
  • Why region is expected to lead the ****** liquid thermal interface materials market?
  • What factors are negatively affecting the liquid thermal interface materials market growth?
  • What will be the value of the ****** liquid thermal interface materials market by the end of 2028?

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