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Prosperity of Industrialization to Drive Thermal Transfer Tapes Market During 2019 – 2029

Global Thermal Transfer Tapes Market – An Overview

Thermal transfer tapes are used for providing high bond strength with heat dissipation functionality. It is an ideal choice for bonding applications, where adhesion, thermal conductivity, die-cutting and temperature characteristics are required. Thermal transfer tapes also increases strength, UV resistance, bonding of dissimilar surface with reduced hardware and reduces labor cost. Thermal transfer tapes are available in variety of product constructions with width, length and thickness. It is designed to provide specific heat-transfer path between heat generating components and other such devices. Thermal transfer tapes provides excellent adhesive performance that provides good electrical insulation properties and thermal conductivity. It is commonly used in application such as automotive and mounting, due to its good bonding performance. It is also used for the household application such as fixing of LED base board, and also for the fixing CPU, heat sink or radiation fin, semiconductor packaging, and electronic parts. Thermal transfer tapes are available in printed and unprinted form, which contain barcode, or alphanumerical for circuit boards. Thermal transfer tapes are available with double sided or single sided adhesive. It is ideally used in manufacturing industry and by OEMs industry.

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Global Thermal Transfer Tapes Market – Dynamics

The global thermal transfer tapes market is primarily influenced by the electronic and automotive industry. Since the increase in demand for electrical vehicle and electronic gadget is fueling the demand for thermal transfer tapes during the forecast period. The process heat-generation and electrical insulation result in consumption of large volume of thermal transfer tapes and is expected to introduce in other application for the process of good thermal conductivity. The demand for thermal transfer tapes is expected to grow, due to increase in demand for electrical vehicles and automotive industry are intensively focusing on electrical vehicles. The manufacturers of thermal transfer tapes are focusing on increasing the shelf life of the product when stored at room temperature. The increase in demand from the OEMs across the globe for the manufacturing industry is also expected to drive the demand for thermal transfer tapes during the forecast period. All these factors are expected to drive the demand for thermal transfer tapes market.

Global Thermal Transfer Tapes Market – Regional Outlook

Asia Pacific region is expected to be the most lucrative region for the thermal transfer tapes, due to increasing demand for electronic vehicles in a highly populated emerging economy such as China and India. North America is expected to witness positive growth towards thermal transfer tapes, owing to an increase in demand for electronic gadget and advance electronic in the forecast period. MEA is expected to witness a growth for thermal transfer tapes during the forecast period. It is due to on-going infrastructural development in the MEA region.

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Global Thermal Transfer Tapes Market – Key players

Some of the leading players operating in the global thermal transfer tapes market are as follows –

  • 3M Company
  • CCL Industries Inc.
  • Apogee Industries, Inc.
  • Henkel AG & Co. KGaA
  • Speciality Tapes Industry
  • Universal Tapes, Inc.
  • LINTEC Corporation
  • WS Packaging Group, Inc.

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