The global thermal gap fillers market is anticipated to grow at a significant CAGR  during the forecast period. The major factor for the growth of the market is the increasing need for miniaturization of electronic devices such as motherboards, chips, mobile devices, touch screens, displays, medical devices and many others. As these electronic items are getting smaller and smaller they are developing the tendency to heat up rapidly due to the less amount of space available for heat conduction. Hence, there is a need for thermal interface materials. This rapid demand for electronic devices is expected to fuel the growth of the market during the forecast period.

The increasing use of electronic products especially during the time of the COVID-19 pandemic due to work from a home policy has increased the sales of various devices such as computers, laptops, mobiles, and many others. Along with this, there is an increase in demand for consumer wearables such as a smartwatch, fitness bands. Due to this, there is a rapid demand for TIMs in the market. TIMs are used in the devices to fill up the air gaps when the assemblies are joined together. The use of TIMs help in improves the heat transfer across the system. 

The increase in adoption of E-vehicles globally has fueled the demand for TIMs as the electric vehicles have large energy batteries which get heated up. Today, an average sedan has more than 100% electronic components as compared to the sedan sold 15 years back which has increased the demand for TIMs in the market that is further boosting the market growth. Some of the key global players in the thermal gap fillers market include Honeywell International Inc., 3M, Henkel AG & Co. KGaA, Parker Hannifin Corporation, Dow Corning Corporation, Laird Technologies, and many others.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered

o By Type

o By Application

• Regions Covered 

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - Honeywell International Inc., 3M, Henkel AG & Co. KGaA, Parker Hannifin Corporation, Dow Corning Corporation, Laird Technologies, and many others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Thermal Gap Fillers Market By Segments

• By Type

o Greases and Adhesives

o Gap fillers

o Metal-based TIMs

o Thermal compounds

o Tapes and Films

• By Application 

o Computers

o Telecom

o Consumer Durables 

o Medical Devices

o Automotive Electronics

o Chips and semiconductors

Global Thermal Gap Fillers Market by Regions