According to the current analysis of Reports and Data, the global Phase-Change Thermal Interface components market was valued at USD 1.31 Billion in 2019 and is projected to reach USD 6.13 Billion value by the year 2027, at a CAGR of 21.4%. %. Phase Change Thermal Interface Material (PCM) is the technology used for producing bulk thermal conductivity, melting enthalpy, specific heat capacity, and contact resistance. Phase Change Thermal Interface Material is basically used for the preprocessor of electronic devices such as computers, smartphones, CPUs, etc.

The rapidly developing automotive industry in China and India, along with low manufacturing costs, is estimated to propel the regional markets. Europe held the second-largest market in 2018 owing to well-established automotive sectors in the U.K., France, Germany, and Italy. Consequently, the physical properties limit the thermal interface materials performance, which may hamper the market growth.

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This report covers the recent COVID-19 incidence and its impact on Phase Change Thermal Interface Materials. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

Companies considered and profiled in this market study:

Croda International PLC, Parker Hannifin Corp., Boyd Corporation, Honeywell International Inc., Wakefield Vette, Laird Technologies, Phase Change Energy Solution Inc., Nusil Technologies, Arctic Silver, Enerdyne Thermal Solution.

Scope of the Report:

The market in North America is forecasted to retain its dominance in the market by 2027. However, due to the extreme demand for advanced voice solutions in real-time communications in the internet of things, the Asia Pacific region is projected to grow with the fastest CAGR throughout the forecast period. China, Japan, and India are some of the most potential contributors in this region.

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For the purpose of this report, Reports and Data have segmented into the global Phase Change Thermal Interface Materials market on the basis of technology, application, end-user, and region:

Conductive Type (Revenue, USD Million; Volume in Tons, 2017–2027)

  • Electrically Conductive
  • Non-Electrically Conductive

Conductive Type (Revenue, USD Million; Volume in Tons, 2017–2027)

  • Paraffin
  • Non-paraffin
  • Eutectic Salts
  • Salt Hydrates

Conductive Type (Revenue, USD Million; Volume in Tons, 2017–2027)

  • Aluminum Oxide
  • Boron Nitride
  • Aluminum Nitride
  • Zinc Oxide

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Application (Revenue, USD Million; Volume in Tons, 2017–2027)

  • Telecom
  • Automotive
  • Electrical & Electronics
  • Computers
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest:

  • As of 2019, electrically conductive is the leading type segment of the global phase change thermal interface materials This segment is projected to register the fastest growth with the highest CAGR of 21.6% during the forecast period due to its rising preference in end-use applications
  • The paraffin Binder type in phase-change thermal interface materials segment has shown a significant growth trend in 2019 and is expected to maintain the position during the forecast period
  • The aluminum oxide filler type of phase change thermal interface materials accounted for the most significant market share in 2019 and a significant growth rate of 21.9% during 2019-2027. It is projected to maintain its lead with a significant CAGR during the forecast period
  • The computer end-use segment is the fastest-growing segment, registering the highest CAGR followed by the electrical & electronics segment which held the second position in the phase change thermal interface materials market….Continued

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Reasons to buy this market intelligence report:

  1. Detailed market evaluation both at regional and global levels.
  2. Significant changes in market scenario, along with an extensive competitive analysis.
  3. Classification of the industry based on product type, application, and region.
  4. Market segments segregated on the basis of type, application, and geography.
  5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales.
  6. Investigation of significant developments in the market dynamics.
  7. Market segments and regions.

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In conclusion, the Phase Change Thermal Interface Materials Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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