Asia-Pacific Leads Thermally Conductive Plastics Market with Robust 16% CAGR and Global Demand to Surpass $300 million by 2028 – Market Research Report (2022-2028) by Industry Experts, Inc.
Wednesday 17 May 2023
Industry Experts, Inc. introduced a global market research report on Thermally Conductive Plastics (TCPs). The new report entitled "Thermally Conductive Plastics – A Global Market Overview" reveals that Polyamides (PAs) are most extensively utilized for making TCPs due to their beneficial properties, such as chemical compatibility with other materials, good mechanical properties, heat resistance, electrical insulation and easy processing.
Thermal conductivity can be defined as the ability of a given material to conduct/transfer heat, the reciprocal of which is called thermal resistivity. The transfer of heat takes place at a lower rate in materials having low thermal conductivity, compared to materials that have high thermal conductivity. Unfilled plastics and polymers are already being used in various areas as replacements for metals and other similar materials because of their advantageous properties. However, due to their limitations in terms of thermal conductivity, wider use of these polymers has been limited. It is here that polymers/plastics filled with thermally conductive compounds, such as metals, ceramics, carbon and minerals take centerstage and operate as highly efficient materials for the chosen application.
Accounting for a share estimated at 30.8%, valued at US$45.2 million in 2022, Asia-Pacific leads the demand for Thermally Conductive Plastics (TCPs) on a worldwide basis. The region is also projected the fastest growing market for TCPs for the period 2022-2028.
The market for plastic types of TCPs analyzed in this report includes Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyetherimide (PEI), Polyethylene (PE), Polyphenylene Sulfide (PPS), Polypropylene (PP), Polysulfone (PSU) and Other Plastic Types mainly consists of Epoxy, Poly(ether-ether-ketone) (PEEK) and Polyurethane (PU). The report also focuses on the end-use sectors market for TCPs including Aerospace & Defense, Automotive, Biomedical, Electrical & Electronics and Industrial.
This report reviews, analyzes and projects the TCPs market for global and the regional markets including the North America, Europe, Asia-Pacific and Rest of World for the period 2019-2028 in terms of value in USD. These regional markets further analyzed for 11 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea.
This 250 page global Thermally Conductive Plastics market report includes 129 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation of the market. This report comprises brief business profiles of 26 key global players and also provides a listing of the companies engaged in the manufacturing and supply of Thermally Conductive Plastics. The global list of companies covers addresses, contact numbers and the website addresses of 336 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/thermally-conductive-plastics-market
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