Thermal Interface Materials Market Worth $4.86 Billion By 2030
Thermal Interface Materials Industry Overview The global thermal interface materials market is projected to reach USD 4.86 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.4% during the forecast period, according to a new report by Grand View Research, Inc. The increasing use of electrical equipment and electronic gadgets is expected to boost the market for thermal interface materials during the forecast period. Thermal Interface Materials Market Segmentation Grand View Research has segmented the Thermal Interface Materials market based on product, application, and region: Based on the Product Insights, the market is segmented into Tapes and films, Elastomeric Pads, Greases and Adhesives, Phase change materials, Metal-Based, Others. Thermal greases and adhesives led the market with a share of over 34.2% in 2021, owing to their widespread usage in consumer products and high thermal resistance. The elastomeric pads are expected to have a...