U.S. Thermal Interface Materials Market Size & Outlook
U.S. thermal interface materials market, 2018-2030 (US$M)
Related Markets
U.S. thermal interface materials market highlights
- The U.S. thermal interface materials market generated a revenue of USD 756.2 million in 2023 and is expected to reach USD 1,598.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11.3% 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 756.2 million |
| Market revenue in 2030 | USD 1,598.2 million |
| Growth rate | 11.3% (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, U.S. accounted for 20.4% 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 North America, U.S. thermal interface materials market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,598.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Thermal Interface Materials Market Scope
Thermal Interface Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 34.48% in 2023. Horizon Databook has segmented the U.S. 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.
The market for thermal interface materials in the U.S. is expected to be driven by the growth of refurbished electronic products. In addition, their high demand in well-developed telecom industry is expected to drive the thermal interface materials market over the projected period.
Ascending use of electronic components in consumer durables is expected to support the market for materials that aid in enhancing the thermal conductivity. Growth of core industrial sectors such as military, automotive, and OEMs is likely to enhance the market dynamics of thermal interface materials in the country over the forecast period.
Electronics sector in the country is growing significantly, which is expected to fuel the product demand over the forecast period. As of 2018, more than half of the U.S. automobile industry was dominated by well-established market players including General Motors, Ford Motor Company, Fiat Chrysler Automobiles, and Toyota Motor Corporation.
Reasons to subscribe to U.S. thermal interface materials market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. thermal interface materials market databook
-
Our clientele includes a mix of thermal interface materials market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. thermal interface materials market , including forecasts for subscribers. This country databook contains high-level insights into U.S. thermal interface materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. thermal interface materials market size, by product, 2018-2030 (US$M)
U.S. Thermal Interface Materials Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
