Thermally Conductive Plastics Market is expected to undergo a CAGR of 8.64% during the forecast period 2021 to 2028.
Market Analysis and Insights 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.
Thermally Conductive Plastics Market Scope
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.
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Thermally Conductive Plastics Market Country Level Analysis
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.
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.
Key Players Thermally Conductive Plastics Market
- 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
- Saint-Gobain
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Thermally Conductive Plastics Market by Product Procedure type
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