PUBLISHER: Lucintel | PRODUCT CODE: 1416404
PUBLISHER: Lucintel | PRODUCT CODE: 1416404
Thermally Conductive Plastic Trends and Forecast
The future of the global thermally conductive plastic market looks promising with opportunities in the electrical & electronics, automotive, industrial, healthcare, aerospace, and telecommunications markets. The global thermally conductive plastic market is expected to reach an estimated $319 million by 2030 with a CAGR of 13.6% from 2024 to 2030. The major drivers for this market are thermally conductive plastics are growing need for plastics in the production of medical devices, electric cars, lightweight heat sinks, LED lighting, and lightweight automobiles, increasing consumer demand in the automotive industry for affordable, lightweight substitutes for metals and ceramics, as well as, development of smart electronics and technological advancements.
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Thermally Conductive Plastic by Segment
The study includes a forecast for the global thermally conductive plastic by type, end use, and region.
Thermally Conductive Plastic Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Thermally Conductive Plastic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Thermally Conductive Plastic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Thermally Conductive Plastic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thermally conductive plastic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thermally conductive plastic companies profiled in this report include-
Thermally Conductive Plastic Market Insights
Lucintel forecasts that polycarbonate is expected to witness the highest growth over the forecast period because of the excellent impact strength, insulation, strong heat resistance, high transparency, flame retardancy, and effective recyclability.
APAC will remain the largest region over the forecast period due to rising demand for personal automobiles and smart devices in the area.
Features of the Global Thermally Conductive Plastic Market
Market Size Estimates: Thermally conductive plastic market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Thermally conductive plastic market size by type, end use, and region in terms of value ($M).
Regional Analysis: Thermally conductive plastic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the thermally conductive plastic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thermally conductive plastic market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the thermally conductive plastic market size?
Answer: The global thermally conductive plastic market is expected to reach an estimated $319 million by 2030.
Q2. What is the growth forecast for thermally conductive plastic market?
Answer: The global thermally conductive plastic market is expected to grow with a CAGR of 13.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the thermally conductive plastic market?
Answer: The major drivers for this market are thermally conductive plastics are growing need for plastics in the production of medical devices, electric cars, lightweight heat sinks, LED lighting, and lightweight automobiles, increasing consumer demand in the automotive industry for affordable, lightweight substitutes for metals and ceramics, as well as, development of smart electronics and technological advancements.
Q4. What are the major segments for thermally conductive plastic market?
Answer: The future of the global thermally conductive plastic market looks promising with opportunities in the electrical & electronics, automotive, industrial, healthcare, aerospace, and telecommunications markets.
Q5. Who are the key thermally conductive plastic market companies?
Answer: Some of the key thermally conductive plastic companies are as follows:
Q6. Which thermally conductive plastic market segment will be the largest in future?
Answer: Lucintel forecasts that polycarbonate is expected to witness the highest growth over the forecast period because of the excellent impact strength, insulation, strong heat resistance, high transparency, flame retardancy, and effective recyclability.
Q7. In thermally conductive plastic market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising demand for personal automobiles and smart devices in the area.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.