Rising Demand Drives Thermal Interface Materials Market Expansion Through 2030
Market Overview The Thermal Interface Materials Market encompasses a wide range of products engineered to improve thermal coupling between heat-generating components and heat sinks or spreaders. These materials fill microscopic air gaps and irregularities on contact surfaces, reducing thermal resistance and facilitating superior heat dissipation . The shift toward 5G, electric vehicles (EVs), and AI-powered devices has led to unprecedented thermal challenges. As devices shrink and power densities rise, manufacturers are investing heavily in advanced materials such as phase change materials , thermally conductive gels, and nano-based pastes. According to the research report, the global thermal interface materials market was valued at USD 1.89 billion in 2021 and is expected to reach USD 4.75 billion by 2030, to grow at a CAGR of 11.3% during the forecast period. Market Segmentation The Thermal Interface Materials Market is segmented by typ...