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Answer : The global thermal interface materials market was valued at US$ 2.3 billion in 2021 and projected to be worth around US$ 5.25 billion by 2030.

Answer : The global thermal interface materials market is growing at a CAGR of 9.6% during the prediction period 2022 to 2030.

Answer : Greases & adhesives led the global market accounting for more than 38% value share in 2021 owing to its large application in consumer products along with high thermal resistance property.

Answer : The Asia Pacific led the market with the highest revenue share of more than 40% in 2021 owing to the presence of large manufacturing base for various industries in the region.

Answer : Some of the key players operating in the market are Dow Corning Company, The 3M Company, Honeywell International, Inc., Parker Chomerics, Indium Corporation, Henkel AG & Co, KGaA, Momentive Performance Materials, Inc., GrafTech International Ltd., Laird Technologies, Inc., Fuji Polymer Industries Co., Ltd., AIM Specialty Materials, Shin-Etsu Chemical Co. Ltd., Wakefield-Vette, Inc., DK Thermal, AOS Thermal Compounds LLC, and SEMIKRON among others.

Answer : Presently, rising need for the thermal management system across various verticals significantlyboosts the industry growth. The thermal management system helps in the smooth operation of electronic equipment. Besides this, rising demand from the medical device industry particularly in the North America and the Asia Pacific regions anticipated to propel the market growth over the analysis timeframe. Furthermore, increasing demand for highly sophisticated and faster electronic devices has played an important role in escalating the market growth for thermal interface materials. In addition, requirement for energy efficient lighting solutions is the other prime factor that drives the market globally.

Answer : The computer application accounted for the maximum market share of more than 26% in 2021 because of its increasing utilization in offices.