Portland, OR -- (SBWIRE) -- 07/06/2017 -- The thermal interface pads & material consists of various products which can be used to transfer heat from electronic components through heat sinks. The pads & materials have a wide range of applications in various industries such as consumer electronics, telecom, power supply units, aerospace and among others.

Increasing demand for effective thermal management for equipment in computer and telecom industry along with their adoption in designing LED displays is a key factor driving the growth of the market. The demand for energy efficient devices which can reduce the energy loss will also foster the growth of thermal interface pads and material market. However, high cost of devices equipped with thermal interface pads and materials is a key restraining factor for the growth of market. Various stability issues related to thermal interface material in the process of downsizing is a key market challenge. Most the market growth in the coming years is expected to be driven by demand from thermal interface pads & materials across emerging economies.

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The report segments the thermal interface pads & materials market on the basis of types, products, applications and geography. On the basis of material type, the market is further segmented into thermal grease, phase change material, and thermal pads. Based on the products, the market is further segmented into thyristor, IGBT, MOSFET and power transistors. Based on applications, the report is segmented into telecom equipment, consumer electronics, power supply units, and others. On the basis of geography, the market is segmented into North America, Asia-Pacific, Europe, and Latin America and Middle East and Africa (LAMEA).

Some of the key players operating in this market include 3M, Dow Corning, Parker Hannifin Corporation (Chomerics), Laird Technologies, Honeywell International Inc., The Bergquist Company GmbH, Henkel AG, Fujipoly,

GrafTech International Holdings Inc., Stockwell Elastomerics, Inc.

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