North America Thermal Interface Materials Market Forecast 2023-2032

The North America thermal interface materials market is expected to grow at a CAGR of 9.81% during the forecast period 2023-2032. The rising aging population in North America is a significant driver for the market's expansion.

MARKET INSIGHTS

In order to estimate the growth of the North America thermal interface materials market, Canada and the United States are assessed. Canada's robust electronics industry, spanning telecommunications, computers, and consumer electronics, forms a strong platform for the expansion of the thermal interface materials market. Notably, the semiconductor subsector within electronics heavily depends on TIMs to facilitate effective thermal management. With nearly 2000 electronics firms, particularly concentrated in Ontario and Quebec, Canada demonstrates a competitive advantage in this industry.

Furthermore, the consumer electronics market, valued at an impressive $14.8 billion in 2022, serves as a testament to the critical role that thermal interface materials play in maintaining thermal efficiency. As technological advancements continue to drive heightened consumer demand for sophisticated electronics, the thermal interface materials market in Canada is exceptionally well-positioned to capitalize on these favorable conditions, solidifying its pivotal role within the country's thriving electronics sector. Therefore, such factors are expected to bolster the North America thermal interface materials market growth during the forecast period.

COMPETITIVE INSIGHTS

Some of the leading firms in the market are: Dow Chemical Company, Honeywell International Inc, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 72307

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
- 2.5.1. FLOURISHING HEALTHCARE INDUSTRY BOOSTS THERMAL INTERFACE MATERIALS' DEMAND
- 2.5.2. INCREASED USAGE OF PCTIM

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. ELECTRIFICATION OF THE AUTOMOBILE INDUSTRY
- 3.1.2. RISING DEMAND FOR SOPHISTICATED ELECTRONICS
- 3.1.3. THRIVING LED MARKET
- 3.1.4. INCREASING NEED FOR SEAMLESS CONNECTIVITY
- 3.1.5. WIDE INDUSTRIAL APPLICATIONS
3.2. KEY RESTRAINTS
- 3.2.1. PERFORMANCE LIMITED BY PHYSICAL PROPERTIES
- 3.2.2. DERIVING OPTIMAL OPERATING COSTS FOR END-USERS

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
- 4.1.1. TECHNOLOGICAL ADVANCEMENTS
- 4.1.2. GROWING COMMERCIAL USE OF MMC AND CMC
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET CONCENTRATION ANALYSIS
4.5. VALUE CHAIN ANALYSIS
- 4.5.1. RAW MATERIALS SUPPLIERS
- 4.5.2. MANUFACTURERS
- 4.5.3. END-USER
4.6. KEY BUYING CRITERIA
- 4.6.1. EASE OF APPLICATION & INSTALLATION
- 4.6.2. RELIABILITY
- 4.6.3. PERFORMANCE
- 4.6.4. TYPE
- 4.6.5. COMPATIBILITY

5. MARKET BY TYPE

5.1. GREASES & ADHESIVES
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
5.2. THERMAL PADS
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS
5.3. TAPES & FILMS
- 5.3.1. MARKET FORECAST FIGURE
- 5.3.2. SEGMENT ANALYSIS
5.4. PHASE CHANGE MATERIALS
- 5.4.1. MARKET FORECAST FIGURE
- 5.4.2. SEGMENT ANALYSIS
5.5. METAL-BASED THERMAL INTERFACE MATERIALS
- 5.5.1. MARKET FORECAST FIGURE
- 5.5.2. SEGMENT ANALYSIS
5.6. OTHER TYPES
- 5.6.1. MARKET FORECAST FIGURE
- 5.6.2. SEGMENT ANALYSIS

6. MARKET BY APPLICATION

6.1. AUTOMOTIVE ELECTRONICS
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
6.2. COMPUTERS
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS
6.3. TELECOM
- 6.3.1. MARKET FORECAST FIGURE
- 6.3.2. SEGMENT ANALYSIS
6.4. CONSUMER DURABLES
- 6.4.1. MARKET FORECAST FIGURE
- 6.4.2. SEGMENT ANALYSIS
6.5. MEDICAL DEVICES
- 6.5.1. MARKET FORECAST FIGURE
- 6.5.2. SEGMENT ANALYSIS
6.6. INDUSTRIAL MACHINERY
- 6.6.1. MARKET FORECAST FIGURE
- 6.6.2. SEGMENT ANALYSIS
6.7. OTHER APPLICATIONS
- 6.7.1. MARKET FORECAST FIGURE
- 6.7.2. SEGMENT ANALYSIS

7. GEOGRAPHICAL ANALYSIS

7.1. NORTH AMERICA
- 7.1.1. MARKET SIZE & ESTIMATES
- 7.1.2. NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET DRIVERS
- 7.1.3. NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET CHALLENGES
- 7.1.4. KEY PLAYERS IN NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET
- 7.1.5. COUNTRY ANALYSIS
  - 7.1.5.1. UNITED STATES
  - 7.1.5.1.1. UNITED STATES THERMAL INTERFACE MATERIALS MARKET SIZE & OPPORTUNITIES
  - 7.1.5.2. CANADA
  - 7.1.5.2.1. CANADA THERMAL INTERFACE MATERIALS MARKET SIZE & OPPORTUNITIES

8. COMPETITIVE LANDSCAPE

8.1. KEY STRATEGIC DEVELOPMENTS
- 8.1.1. MERGERS & ACQUISITIONS
- 8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 8.1.3. PARTNERSHIPS & AGREEMENTS
8.2. COMPANY PROFILES
- 8.2.1. 3M
  - 8.2.1.1. COMPANY OVERVIEW
  - 8.2.1.2. PRODUCTS
  - 8.2.1.3. STRENGTHS & CHALLENGES
- 8.2.2. AAVID THERMALLOY LLC
  - 8.2.2.1. COMPANY OVERVIEW
  - 8.2.2.2. PRODUCTS
  - 8.2.2.3. STRENGTHS & CHALLENGES
- 8.2.3. DOW CHEMICAL COMPANY
  - 8.2.3.1. COMPANY OVERVIEW
  - 8.2.3.2. PRODUCTS
  - 8.2.3.3. STRENGTHS & CHALLENGES
- 8.2.4. HENKEL AG & CO KGAA
  - 8.2.4.1. COMPANY OVERVIEW
  - 8.2.4.2. PRODUCTS
  - 8.2.4.3. STRENGTHS & CHALLENGES
- 8.2.5. HONEYWELL INTERNATIONAL INC
  - 8.2.5.1. COMPANY OVERVIEW
  - 8.2.5.2. PRODUCTS
  - 8.2.5.3. STRENGTHS & CHALLENGES
- 8.2.6. INDIUM CORPORATION
  - 8.2.6.1. COMPANY OVERVIEW
  - 8.2.6.2. PRODUCTS
  - 8.2.6.3. STRENGTHS & CHALLENGES
- 8.2.7. LAIRD TECHNOLOGIES INC
  - 8.2.7.1. COMPANY OVERVIEW
  - 8.2.7.2. PRODUCTS
  - 8.2.7.3. STRENGTHS & CHALLENGES
- 8.2.8. MOMENTIVE PERFORMANCE MATERIALS INC
  - 8.2.8.1. COMPANY OVERVIEW
  - 8.2.8.2. PRODUCTS
  - 8.2.8.3. STRENGTHS & CHALLENGES
- 8.2.9. PARKER HANNIFIN CORPORATION
  - 8.2.9.1. COMPANY OVERVIEW
  - 8.2.9.2. PRODUCTS
  - 8.2.9.3. STRENGTHS & CHALLENGES
- 8.2.10. SHIN-ETSU CHEMICAL CO LTD
  - 8.2.10.1. COMPANY OVERVIEW
  - 8.2.10.2. PRODUCTS
  - 8.2.10.3. STRENGTHS & CHALLENGES
- 8.2.11. TIMTRONICS
  - 8.2.11.1. COMPANY OVERVIEW
  - 8.2.11.2. PRODUCTS
- 8.2.12. WAKEFIELD THERMAL INC
  - 8.2.12.1. COMPANY OVERVIEW
  - 8.2.12.2. PRODUCTS

Product Code: 72307

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - THERMAL INTERFACE MATERIALS
TABLE 2: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: KEY PLAYERS OPERATING IN NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET
TABLE 9: LIST OF MERGERS & ACQUISITIONS
TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR NORTH AMERICA
FIGURE 4: MARKET CONCENTRATION ANALYSIS
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: KEY BUYING CRITERIA
FIGURE 7: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022
FIGURE 8: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY GREASES & ADHESIVES, 2023-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY THERMAL PADS, 2023-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY TAPES & FILMS, 2023-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY PHASE CHANGE MATERIALS, 2023-2032 (IN $ MILLION)
FIGURE 12: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY METAL-BASED THERMAL INTERFACE MATERIALS, 2023-2032 (IN $ MILLION)
FIGURE 13: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY OTHER TYPES, 2023-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 15: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY AUTOMOTIVE ELECTRONICS, 2023-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY COMPUTERS, 2023-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY TELECOM, 2023-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY CONSUMER DURABLES, 2023-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY MEDICAL DEVICES, 2023-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY INDUSTRIAL MACHINERY, 2023-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA THERMAL INTERFACE MATERIALS MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 23: UNITED STATES THERMAL INTERFACE MATERIALS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: CANADA THERMAL INTERFACE MATERIALS MARKET, 2023-2032 (IN $ MILLION)