Thermal Tapes Market: Overview
Thermal Tapes are used in electronic appliances, circuits, LED and solar industries because of its high heat conductivity property. Thermal Tapes, also known as Thermal Management Tapes or Thermally Conductive Adhesive Tapes because they have high-temperature conductivity. Thermal tapes are single or double sided tapes which are used to support heat dissipation and protect parts from overheating. Thermal Tapes are having applications in electronics equipment and semiconductor manufacturing. Thermal tapes are also useful in CPU and heat sink or radiation fin. Metals like aluminum and copper can conduct electricity and resist a temperature of up to 140° C, so thermal tapes are used in electrical equipment as heat barriers. As an added benefit, thermal tapes are very resistant to many environmental factors, such as sunlight, ozone, and water. Thermal tapes have great adhesion for remarkable strength and reliability with features excellent workability. These characteristics make thermal tapes the ideal choice for long-lasting, high-performance outdoor applications.
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Thermal Tapes Market: Dynamics
Thermal Tapes market is depending global electronics market which is proliferating over the years. An innovation of electronics equipment exhibits higher performance and more and more power into ever smaller packages, it will dissipate energy in the form of heat and requires some degree of thermal management. Thermal tapes are used as thermal management and barriers for high power and heat dissipate electronics equipment. Thermal tapes market is at its peak because of increasing production in electrical & electronics industries, aviation industries, construction industries and automotive industries. New technological innovations and growing consumer buying power help to develop the consumer electronics market with CAGR of 4% in next five years, which can also increase thermal tapes market. Thermal tapes market in Africa and Latin America is low because of low penetration of electronics appliances in the market. The government plan and increasing investment in the consumer electronics & semiconductor manufacturer in the Middle East and APEJ.
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Thermal Tapes Market: Key Players
Few of the key players operating in the Thermal Tapes Market are – V. Himark (USA) Inc, InsulFab Plastics, Inc., ABBA Applied Technology Corporation, Nitto Denko Corporation, Semiconductor Equipment Corp., Chip Hua Equipment & Tools Pte Ltd., 3M, Dongguan Haixiang Adhesive Products Co., Ltd., Shanghai Huishi Package Material Co., Ltd., Huizhou King Bali Technology Co., Ltd. and Taixing Chuanda Plastic Co., Ltd.
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Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.
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