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.

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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.

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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.

Global Thermal Gap Fillers Market – Segmentation
By Type
Greases and Adhesives
Gap fillers
Metal-based TIMs
Thermal compounds
Tapes and Films
By Application
Computers
Telecom
Consumer Durables
Medical Devices
Automotive Electronics
Chips and semiconductors

Global Thermal Gap Fillers Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Honeywell International Inc.
3M
Henkel AG & Co. KGaA
Parker Hannifin Corporation
Dow Corning Corporation
Laird Technologies

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