Global Thermally Conductive Plastics Market – Industry Trends and Forecast to 2028

Market Analysis and Insights of Thermally Conductive Plastics Market

Data Bridge Market Research analyses that the thermally conductive plastics market will witness a CAGR of 8.64% for the forecast period of 2021-2028. Growth in the demand for thermally conductive plastics especially in the developing economies like India and China, growing use of thermally conductive plastics for a wide range of end user applications such as automotive, industrial, healthcare, aerospace and other applications, increasing consumer awareness and demand for smart electronics and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the thermally conductive plastics market.

Thermally conductive plastics are a better alternative to aluminium and other metals as they offer 10 to 50 times higher thermal conductivity. The thermally conductive plastics also offer better and more strength than traditional materials such as ceramics.

Rise in demand for thermally conductive plastics by the electrical and electronic industry in developed and developing economies is the root cause fuelling up the market growth rate. Rising application areas for thermally conductive plastics such as in lighting systems and growth and expansion of various end user industries especially in the developing economies will also directly and positively impact the growth rate of the market. Rising urbanization or construction activities, ease of customization and design flexibility, rising demand for lightweight components in industrial applications, growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.

However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High costs associated with research and development proficiencies and stringent regulations imposed by the government pertaining to the environmental pollution will dampen the market growth rate. Large scale availability of alternatives in the market will also impede the market growth rate.

This thermally conductive plastics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on thermally conductive plastics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Thermally Conductive Plastics Market Scope and Market Size

The thermally conductive plastics market is segmented on the basis of resin type, carbon based solutions, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.

• On the basis of resin type, the thermally conductive plastics market is segmented into polyamide, polybutylene terephthalate (PBT), polycarbonate, polyphenylene sulfide (PPS), polyetherimide and others. Others segment is sub-segmented into polyether ether ketone (PEEK), polypropylene (PP) and acrylonitrile butadiene styrene (ABS).
• On the basis of carbon based solutions, the thermally conductive plastics market is segmented into natural graphite powders, synthetic graphite powders, conductive carbon blacks, silicon-carbon composites, water dispersions and others.
• Based on application, the thermally conductive plastics market is segmented into lighting systems, battery modules and others.
• On the basis of end user industry, the thermally conductive plastics market is segmented into electrical and electronics, automotive, industrial, healthcare, aerospace and others.

Thermally Conductive Plastics Market Country Level Analysis

The thermally conductive plastics market is analysed and market size, volume information is provided by country, resin type, carbon based solutions, application and end user industry as referenced above.

The countries covered in the thermally conductive plastics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the thermally conductive plastics market owing to the increase in the research and development activities and upsurge in the demand for personal vehicles and smart electronics in the region. Asia-Pacific will continue to undergo substantial gains during the forecast period owing to the high economic growth in the emerging countries, growing industrialization, and abundant availability of raw materials.

The country section of the thermally conductive plastics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Thermally Conductive Plastics Market Share Analysis

The thermally conductive plastics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thermally conductive plastics market.

The major players covered in the thermally conductive plastics market report are Celanese Corporation, SABIC, BASF SE, DSM, RTP Company, Dow, Ensinger, KANEKA CORPORATION, TORAY INDUSTRIES, INC., Mitsubishi Engineering-Plastics Corporation, LANXESS, Imerys, HELLA GmbH & Co. KGaA, Covestro AG, PolyOne Corporation, DuPont., Saint-Gobain, Huntsman International LLC., Woodbridge., Wanhua., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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