Thermal Interface Materials Market Pegged for Robust Expansion by 2025

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Thermal Interface Materials Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2030

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Thermal Interface Materials Market -
Snapshot

• The global thermal interface materials market is
  anticipated to grow at a heathy rate, as reported
  by Transparency Market Research (TMR).
• The competitive landscape of the global thermal
  interface materials market boasts of a highly
  competitive nature. Market players are involved
  in continuous research and development
  activities.
• This is expected to spur rivalry among existing
  vendors in the thermal interface materials market
  in forthcoming years. 

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Rise in Production of Electronic Components and
Increase in Demand for Smartphones in Developing
Countries Likely to Drive Market
The electronics industry, especially in
developing countries such as China and India, has
been expanding rapidly, primarily due to the high
domestic demand for electronic products. This
can be ascribed to the growth in middle class
population, rise in disposable income, favorable
duty structures, and increase in government
projects in developing countries.
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Volatility in Prices of Raw Materials Expected to
Restrain Market

• Raw materials commonly used in the manufacture of
  thermal interface materials are polyolefins,
  epoxies, polyesters, acrylics, polybutadiene,
  polycarbonate, polypropylene, polyurethane, and
  acrylics. Volatility in prices of raw materials
  is a prominent restraint of the global thermal
  interface materials market
• The final price of a product increases
  substantially owing to the rise in processing and
  development costs. Furthermore, polymer-based
  thermal interface materials are not readily
  bio-degradable. 

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Large Players Operate in Thermal Interface
Materials Market

• SEMIKRON, Wakefield-Vette, Inc.
• DK THERMAL METAL CIRCUIT TECHNOLOGY LTD
• Indium Corporation
• Momentive Performance Materials

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