MARKETWIRE.NET

Decode Your Next Market Move

Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Thermally Conductive Plastics market. Market segmentation includes Resin Type (Polyamide, Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyphenylene Sulfide (PPS), Polyetherimide, and Other Resin Types).

Find Out More About Regions, Brands, Dominant, Active & Niche Companies Covered in the Report

24 November 7:18 a.m., Silicon Valley, California - According to the new market research report, the global market for Thermally Conductive Plastics is projected to grow at a CAGR of 10.0% reach US$315.3 Million by 2027, driven by various advantages such as ease of customization and design flexibility. Thermally conductive plastics are relatively much lighter than ceramics, metals and other alternative materials and come with unique features such as higher thermal stability, scratch resistance, impact strength, and abrasion resistance, among others. Rapid growth in the main end-use industries of electrical and electronics, healthcare, aerospace and automotive industries, in the US and Asia-Pacific created significant growth opportunities for suppliers of thermally conductive plastics in these markets over the past many years. Other factors such as growing awareness regarding advantages of using these plastics in several applications led to a major demand surge in both these markets. Thermally conductive plastics can satisfy different customer needs owing to their versatility, which boosted their demand. Another factor to have fueled growth is the rapid customization and commercialization of the plastics by manufacturers. Nonetheless, growth trend is not always similar for different plastics, including polyamide, terephthalate, polybutylene, polyphenylene sulfide, polycarbonate and polyetherimide, as the advantages offered by each type are different and there is also much variation in their pricing.

Thermally conductive plastics are gaining traction in segments hitherto dominated by conventional metals such as aluminum. The low weight, low cost and high customization capabilities are enabling thermally conductive plastics to replace conventional materials in many applications. For instance, electric cars require efficient heat dissipation systems to manage the heat generated by the battery packs. In addition to the weight factor, using metals for heat dissipation also runs the risk of electrical shocks. As a result, thermally conductive plastics with their low conductivity are emerging as preferred materials for such applications. In the electronics industry, the small footprint which requires precise molding and the quest for making products lightweight is driving the market for thermally conductive plastics. In addition, technological advancements are enabling the reduction of usage of expensive fillers such as boron nitride and even substitution with low cost materials such as nylon 6 and nylon 6,6.
Thermally conductive plastics are witnessing increasing demand across various industries, especially lighting, automotive and electrical & electronics. The trend can be credited to rising focus on miniaturization of electronic and electrical components, leading to generation of more heat inside devices. The issue is prompting various companies to switch to thermally conductive thermoplastics that offer design flexibility and a number of other benefits over metals in terms of cost-effectiveness and processing. The increasing demand for these materials for heat dissipation is driving vendors to offer advanced thermally conductive polyamide products for efficient thermal management of electronic and electrical devices.

Research Methodology
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 4482. Among this pool, 807 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 134 unique participations, a total of 61 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.

Key Competitors Covered in the Report -
BASF SE
DuPont de Nemours, Inc.
Arkema Group
Compagnie de Saint-Gobain
Celanese Corporation
Covestro AG
Brenntag AG
Avient Corp.
Dexinghahg Plastic Materials Co., Ltd.
Dongguan Ziitek Electronic Material & Technology co., Ltd.

Segments Covered in the Report -
Resin Type (Polyamide, Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyphenylene Sulfide (PPS), Polyetherimide, Other Resin Types)
End-Use ( Electrical & Electronics, Automotive, Industrial, Healthcare, Aerospace, Other End-Use Uses)

Geographies Analyzed in the Report -
World
USA
Canada
Japan
China
Europe
France
Germany
Italy
UK
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Taiwan
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Africa.

View Executive Engagement Dashboards, COVID Impact Questionnaires & Get Complimentary Access to Methodology & Full-Text Secondary Sources

For enquiries e-mail us at sales@strategyR.com .

For cutting edge analyst reviews on top industries, follow us on Twitter and connect with us on LinkedIn

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.

Contact Us:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: sales@StrategyR.com