Thermal Interface Materials Market - Forecast(2021 - 2026)
The report provides detailed report of the types and applications of Thermal interface materials (TIM) implemented in various end user industries all over the world. The Global Thermal Interface Materials market recorded annual revenue of $1407.13 million in 2017 and is estimated to grow at a CAGR of 7.4% during the forecast period 2018-2023. Gap filler is the major segment which holds almost 23.8% of the market share and is estimated to grow at a CAGR of 7.8% during the forecast period. Amongst all the applications, Telecommunications have the highest CAGR of 8.1% and is expected to grow rapidly till 2023. Usage of carbon nanotubes is a recent development in the field of thermal interface materials, they give better performance along with occupying relatively very less surface area. Asia-Pacific region has dominated the market with annual revenue of $830 million in 2017 and is estimated to grow at a CAGR of 8.0% during the forecast period. What are Thermal Interface Materials? Th...