Phase Change Thermal Interface Materials Market 2020 -Global Industry Analysis, Size, Share, Growth, Trends, Key Players and Forecast 2024

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Phase Change Thermal Interface Materials

Phase Change Thermal Interface Materials Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Phase Change Thermal Interface Materials market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

The Growing Consumer Electronics Industry

– Owing to the need to dissipate large amounts of heat from the semiconductor device junction to ambient surroundings, phase change thermal interface materials (PCTIMs) are penetrating the consumer electronics industry. PCTIMs are polymer-based systems, proven to address critical heating issues and provide long-term reliability performance.
– In consumer electronics, PCTIM finds a wide range of applications, since it plays a major role in helping smoothen out temperature fluctuations. PCTIM is the only technology, which can curb temperature increase in semiconductor applications, without causing cost and space expenses.
– Asia-Pacific is expected to remain at the forefront of the global demand for electronics. The demand for PCTIM in Asia-Pacific is witnessing high growth, owing to rapid internet penetration in the developing countries. Video-on-demand (VoD) and internet-only shows are growing in popularity, thereby increasing the demand for larger displays, like laptops and tablets.
– The consumer electronics industry has reached maturity in North America and . Lack of purchasing intent from the consumers, declining innovation, and security concerns are the reasons for the stall in the growth of the market. However, the Internet of Things (IoT) is expected to replace the traditional categories. Despite its slow growth, IoT, along with smart homes, is expected to spur the demand for PCTIMs in developed countries.

Asia-Pacific Region is Expected to Dominate the Market

– With over 30% of the global demand, Asia-Pacific is the most promising market for phase change thermal interface materials, which is likely to dominate the market in the near future. This domination can be attributed to the growing demand for electronics in the region.
– China and Japan account for over 73% of the demand for phase change thermal interface materials, and China is the major shareholder of the market demand in the region.
– An increase in the demand of China’s electronic devices and domestically designed CPUs (Central Processing Units) and DSPs (Digital Signal Processors) has led to a significant increase in the demand for PCTIMs.
– China has faced increasing challenges in information and network security, which has led the government to increase its investments in the development and deployment of domestic CPUs. The PCTIMs are required for the development of the domestic CPUs. Hence, the Chinese electronics industry may boost the market, during the forecast period.
– Japan is a hub for R&D and technological advancements. Canon, Casio, Panasonic, Sony, and Toshiba are some of the major electronic companies based in the country. The demand from these players helps the market regain its pace, during the forecast period, due to the requirement of PCTIMs in electronic goods.
– Furthermore, and ASEAN countries are the growth wagons for the market demand in the region. The huge growth of Asia-Pacific is quite instrumental in the expansion of the phase change thermal interface materials market.

Market Overview:

  • The phase change thermal interface materials market is expected to register a CAGR of 11.84% during the forecast period, 2019–2024. Major factors driving the market studied are the growing consumer electronics industry, high cost of surface finishing, augmented the functionality of electronic devices, and increasing demand from the gaming module industry. However, reduction in size of mobile handsets and the development of non-silicone substitutes are expected to hinder market growth.
  • – The computers application segment dominated the market in 2018, and is expected to grow during the forecast period, owing to the rapid internet penetration in the developing countries.
  • – Replacement of thermal greases is likely to act as an opportunity in the future.
  • – Asia-Pacific dominated the global market, with the largest consumption from the countries, such as China, and Japan.<

    Key Manufacturers Like 

  • 3M
  • Aavid Thermalloy
  • AI Technology
  • Arctic Silver
  • Croda International PLC
  • Datum Phase Change Ltd
  • Dow Corning Corp.
  • Enerdyne Thermal Solutions
  • GrafTech
  • Henkel AG & Co. KGaA
  • Honeywell International Inc.
  • Laird Technologies
  • Microtek Laboratories Inc.
  • NuSil Technology
  • Parker Chomerics
  • Phase Change Energy Solutions Inc. (PCES)
  • Specialty Silicone Products (SSP)
  • Stockwell Elastomerics
  • TCP Reliable Inc.
  • Wakefield
  • Vette.

    Scope of the Report:

  • This report studies the global Phase Change Thermal Interface Materials market size, industry status and forecast, competition landscape and growth opportunity.

    Phase Change Thermal Interface Materials market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Phase Change Thermal Interface Materials market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Phase Change Thermal Interface Materials market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Phase Change Thermal Interface Materials market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Phase Change Thermal Interface Materials market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Phase Change Thermal Interface Materials ?
    • Who are Opportunities, Risk and Driving Force of Phase Change Thermal Interface Materials market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Phase Change Thermal Interface Materials space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Phase Change Thermal Interface Materials market opportunities, market risk and market overview of the Market?

    Lastly, the Global Phase Change Thermal Interface Materials Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Phase Change Thermal Interface Materials Market Report:

    • To provide a detailed analysis of the market structure along with the Phase Change Thermal Interface Materials market forecast of various segments and sub-segments of the Phase Change Thermal Interface Materials market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Phase Change Thermal Interface Materials market trends that influence the global Phase Change Thermal Interface Materials market

    Detailed TOC of Phase Change Thermal Interface Materials Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Growing Consumer Electronics Industry
    4.1.2 High Cost of Surface Finishing
    4.1.3 Augmented Functionality of Electronic Devices
    4.1.4 Increasing Demand from the Gaming Module Industry
    4.2 Restraints
    4.2.1 Reduction in Size of Mobile Handsets
    4.2.2 Reduced Demand in Japan
    4.2.3 Development of Non-silicone Substitutes
    4.3 Industry Value-Chain Analysis
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Raw Material Analysis
    4.6 Patent Analysis

    5 MARKET SEGMENTATION
    5.1 By Conductive Type
    5.1.1 Electrically Conductive
    5.1.2 Non-electrically Conductive
    5.2 By Binder Type
    5.2.1 Paraffin
    5.2.2 Non-paraffin (organic)
    5.2.3 Eutectic salts
    5.2.4 Salt hydrates
    5.3 By Filler Type
    5.3.1 Aluminum Oxide
    5.3.2 Boron Nitride
    5.3.3 Aluminum Nitride
    5.3.4 Zinc Oxide
    5.3.5 Other Filler Types
    5.4 By End-user Industry
    5.4.1 Computers
    5.4.2 Electrical and Electronics
    5.4.3 Telecommunication
    5.4.4 Automotive
    5.4.5 Other End-user Industries
    5.5 Geography
    5.5.1 Asia-Pacific
    5.5.1.1 China
    5.5.1.2 India
    5.5.1.3 Japan
    5.5.1.4 South Korea
    5.5.1.5 Rest of Asia-Pacific
    5.5.2 North America
    5.5.2.1 United States
    5.5.2.2 Canada
    5.5.2.3 Mexico
    5.5.3
    5.5.3.1 Germany
    5.5.3.2 United Kingdom
    5.5.3.3 Italy
    5.5.3.4 France
    5.5.3.5 Rest of
    5.5.4 Rest of World
    5.5.4.1 Brazil
    5.5.4.2 Saudi Arabia
    5.5.4.3 South Africa
    5.5.4.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 3M
    6.4.2 Aavid Thermalloy
    6.4.3 AI Technology
    6.4.4 Arctic Silver
    6.4.5 Croda International PLC
    6.4.6 Datum Phase Change Ltd
    6.4.7 Dow Corning Corp.
    6.4.8 Enerdyne Thermal Solutions
    6.4.9 GrafTech
    6.4.10 Henkel AG & Co. KGaA
    6.4.11 Honeywell International Inc.
    6.4.12 Laird Technologies
    6.4.13 Microtek Laboratories Inc.
    6.4.14 NuSil Technology
    6.4.15 Parker Chomerics
    6.4.16 Phase Change Energy Solutions Inc. (PCES)
    6.4.17 Specialty Silicone Products (SSP)
    6.4.18 Stockwell Elastomerics
    6.4.19 TCP Reliable Inc.
    6.4.20 Wakefield-Vette

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Opportunities
    7.1.1 Replacement of Thermal Greases
    7.1.2 Technological Improvements
    7.1.3 Use in Notebook Computers
    7.1.4 Growing Use in the Automotive Industry
    7.1.5 Dual Phase Change Thermal Interface Materials
    7.2 Future of the Market

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