The global market for Thermally Conductive Plastics is estimated at US$165.4 Million in 2023 and is projected to reach US$417.5 Million by 2030, growing at a CAGR of 14.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the thermally conductive plastics market is driven by several factors. Firstly, the increasing demand for effective thermal management in electronic devices and automotive components is a significant driver. Secondly, advancements in material science and the development of new conductive fillers are enhancing the thermal and mechanical properties of these plastics. Thirdly, the miniaturization of electronic devices and the trend towards lightweight materials in automotive and industrial applications are boosting the adoption of thermally conductive plastics. Additionally, the need for cost-effective and scalable thermal management solutions is driving the market growth.
Furthermore, the rising focus on sustainability and the preference for materials that reduce environmental impact are promoting the use of thermally conductive plastics. Lastly, the expansion of industries such as consumer electronics, electric vehicles, and telecommunications is creating new opportunities for the application of thermally conductive plastics.
The growth in the thermally conductive plastics market is driven by several factors. Firstly, the increasing demand for effective thermal management in electronic devices and automotive components is a significant driver. Secondly, advancements in material science and the development of new conductive fillers are enhancing the thermal and mechanical properties of these plastics. Thirdly, the miniaturization of electronic devices and the trend towards lightweight materials in automotive and industrial applications are boosting the adoption of thermally conductive plastics. Additionally, the need for cost-effective and scalable thermal management solutions is driving the market growth.
Furthermore, the rising focus on sustainability and the preference for materials that reduce environmental impact are promoting the use of thermally conductive plastics. Lastly, the expansion of industries such as consumer electronics, electric vehicles, and telecommunications is creating new opportunities for the application of thermally conductive plastics.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Polyamide-based Thermally Conductive Plastics segment, which is expected to reach US$109.9 Million by 2030 with a CAGR of a 14.5%. The Polybutylene Terephthalate (PBT)-based Thermally Conductive Plastics segment is also set to grow at 14.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $52.1 Million in 2023, and China, forecasted to grow at an impressive 17.5% CAGR to reach $69.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Thermally Conductive Plastics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Thermally Conductive Plastics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Thermally Conductive Plastics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Arkema Group, Avient Corporation, BASF SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 73 Featured):
- Arkema Group
- Avient Corporation
- BASF SE
- Celanese Corporation
- Covestro AG
- DuPont de Nemours, Inc
- Ensinger Gmbh
- Exxon Mobil Corporation
- HELLA GmbH & Co. KGaA
- Imerys S.A.
- Kaneka Corporation
- Kenner Material & System Co. Ltd
- Lanxess AG
- Lehmann & Voss & Co.
- Lotte Chemical Corporation
- Mitsubishi Engineering-Plastics Corp.
- Nytex Composite Co., Ltd
- Ovation Polymers Inc.
- Royal DSM N.V.
- RTP Company
- Saint-Gobain Group
- Saudi Basic Industries Corporation (SABIC)
- Themix Specialty Products LLC
- Toray Industries, Inc.
- Ugent Tech Sdn Bhd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREATAIWANREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arkema Group
- Avient Corporation
- BASF SE
- Celanese Corporation
- Covestro AG
- DuPont de Nemours, Inc
- Ensinger Gmbh
- Exxon Mobil Corporation
- HELLA GmbH & Co. KGaA
- Imerys S.A.
- Kaneka Corporation
- Kenner Material & System Co. Ltd
- Lanxess AG
- Lehmann & Voss & Co.
- Lotte Chemical Corporation
- Mitsubishi Engineering-Plastics Corp.
- Nytex Composite Co., Ltd
- Ovation Polymers Inc.
- Royal DSM N.V.
- RTP Company
- Saint-Gobain Group
- Saudi Basic Industries Corporation (SABIC)
- Themix Specialty Products LLC
- Toray Industries, Inc.
- Ugent Tech Sdn Bhd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 463 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 165.4 Million |
Forecasted Market Value ( USD | $ 417.5 Million |
Compound Annual Growth Rate | 14.1% |
Regions Covered | Global |