Brazil Thermal Interface Materials Market Size & Outlook
Brazil thermal interface materials market, 2018-2030 (US$M)
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Brazil thermal interface materials market highlights
- The Brazil thermal interface materials market generated a revenue of USD 109.9 million in 2023 and is expected to reach USD 213.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, greases & adhesives was the largest revenue generating product in 2023.
- Phase Change Materials is the most lucrative product segment registering the fastest growth during the forecast period.
Thermal interface materials market data book summary
| Market revenue in 2023 | USD 109.9 million |
| Market revenue in 2030 | USD 213.8 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Greases & adhesives |
| Fastest growing segment | Phase Change Materials |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tapes & Films, Elastomeric Pads, Greases & Adhesives, Phase Change Materials, Metal |
| Key market players worldwide | 3M Co, Henkel AG & Co KGaA, Dow Inc, Honeywell International Inc, Shin-Etsu Chemical Co Ltd, Indium, Sibelco |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.0% of the global thermal interface materials market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil thermal interface materials market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 213.8 million by 2030.
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Thermal Interface Materials Market Scope
Thermal Interface Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil thermal interface materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermal interface materials market will help companies and investors design strategic landscapes.
Greases & adhesives was the largest segment with a revenue share of 34.3% in 2023. Horizon Databook has segmented the Brazil thermal interface materials market based on tapes & films, elastomeric pads, greases & adhesives, phase change materials, metal covering the revenue growth of each sub-segment from 2018 to 2030.
Factors such as rapid economic recovery, increasing living standards, and rising per capita income are expected to fuel the market growth over the coming years. Increased production of medical devices in the country in light of rising number of disease incidences is expected to stimulate the demand for thermal interface materials over the forecast period.
Expanding healthcare industry in the country on account of economic rebuilding and increasing consumer expenditure on the same is expected to support the demand for thermal interface materials. Increasing foreign investments in healthcare sector in the region are anticipated to open new avenues for the thermal interface materials market.
Increasing demand for automotive electronics in Brazil owing to the extensive growth of automotive sector is expected to contribute to thermal interface material market growth in the near future.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil thermal interface materials market , including forecasts for subscribers. This country databook contains high-level insights into Brazil thermal interface materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil thermal interface materials market size, by product, 2018-2030 (US$M)
Brazil Thermal Interface Materials Market Outlook Share, 2023 & 2030 (US$M)
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