openPR Logo
Press release

Global Thermally Conductive Plastics Market: Increased Demand from Automotive Industry to Spell Growth for Market, says TMR

05-10-2018 07:06 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports Analysis

/ PR Agency: Transparency Market Research Reports Analysis
Global Thermally Conductive Plastics Market: Increased Demand

In the highly competitive vendor landscape of the global market for thermally conductive plastics, the rising number of companies is likely to play a key role in bringing down costs of products and opening up several new growth opportunities as cost-conscious consumers become more open to using these plastics as alternatives to other materials, observes Transparency Market Research in a recent report. Companies in the market could benefit from the rising demand across the electrical and electronics and automotive sectors. Increased focus on growth opportunities across emerging economies could also play a key role in helping companies establish their dominance in the market.

Read Report Overview @
https://www.transparencymarketresearch.com/thermally-conductive-plastics-market.html

According to the report, the global thermally conductive plastics market was valued at US$838.8 mn in 2016 and is projected to reach US$2,634.3 Mn by 2025, at a CAGR of 13.8 % from 2017 to 2025.
thermally conductive plastics market

Asia Pacific to Remain Highly Lucrative in Future Years

Based on type, the segment of polybutylene terephthalate (PBT) accounted for the dominant share of the global thermally conductive plastics and is likely to continue to lead. The demand for polycarbonate and polyetherimide is also propelling owing to demand from electrical and electronics and automotive industry and the segment is expected to exhibit growth at a healthy pace over the forecast period.

Geographically, the Asia Pacific market held the dominant share of the global thermally conductive plastics market in 2016. Growth in this region can be primarily attributed to increasing use of thermally conductive plastics for applications such as manufacturing electrical devices and bumpers of cars in automotive industry. Factors such as the increasing demand for smart electronics, easy availability of plastic feed stock, and increasing investment of the plastic manufacturers in the region are also estimated to boost the market for thermally conductive plastics market.

Increased Uptake across Electronics, Electrical, and Automotive Sectors to Serve Market Well

The global market for thermally conductive plastics is chiefly driven because of the increased demand for smart solutions in end-use industries such as electrical and electronics and automotive. Increased preference of the global consumer to lightweight products is also spelling growth for the global thermally conductive plastics market. The thriving automotive sector and the increased uptake of personal cars across emerging economies has also acted as a key driver for the market as a variety of thermally conductive plastics finds extensive usage in all varieties of vehicles, more so now owing to the increased inclination towards lightweight vehicles.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13586

The market has also massively benefitted from technological advancements and the vast rise in investment in the field of research and development from companies wanting to strengthen their positions in the increasingly competitive market. However, factors such as volatile costs of key raw materials could act as a prominent restraint for the global thermally conductive plastics market. The final cost of the product substantially rises with the rise in processing and development costs and most thermally conductive plastics are manufactured from crude oil. As such, the rapidly varying costs of crude oil and the complex and costly manufacturing and processing costs of crude oil derivatives continue to remain a key challenge for companies in the global thermally conductive plastics market.

This analysis of the global thermally conductive plastics market is based on a recent market research report by Transparency Market Research, titled “Thermally Conductive Plastics Market (Type - Polyamide (PA), Polybutylene terephthalate (PBT), Polycarbonate (PC), Polyetherimide (PEI), Polyphenylene sulfide (PPS), PEEK, and PEKK; Application - Electrical & electronics, Automotive, Industrial, Healthcare, and Aerospace) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Thermally Conductive Plastics Market: Increased Demand from Automotive Industry to Spell Growth for Market, says TMR here

News-ID: 1045237 • Views: 289

More Releases from Transparency Market Research Reports Analysis

Polysilicon Market Outlook, Competitive Landscape and Forecasts to 2025
Silicon is the second most abundant element found on the Earth. Polysilicon is a pure, stable, and crystalline form of silicon. It also called polycrystalline silicone and poly-Si. It offers properties similar to semiconductors. Polysilicon is employed in solar photovoltaic cells (PV) and electronics industries. It differs from monocrystalline silicon and amorphous silicon in terms of silicon structure. Monocrystalline polysilicon is used in microelectronic devices and is more efficient than
Photonics Sensor Market - Global Industry Analysis 2019
Photonic sensing technology integratestransmission,emission,amplification, deflection and detection of light by optical lasers, instruments and other light sources. It provides cheaper, smaller, faster and lighter components and devices with superior functionality and less energy consumption.Photonics started with the development of the laser and optical fibre for transmission of light beams Photonic sensors have been used in various industrial and laboratories for detecting physical, chemical and biological parameter.Photonic sensors is defined as
Concrete Block and Brick Manufacturing Market Report – key Players, Industry O …
The presence of several native companies and established players who operate globally has rendered the vendor landscape in the global concrete block and brick manufacturing market extremely fragmented. As per a new study by Transparency Market Research (TMR), India alone has nearly 100,000 brick kilns, which is indicative of the intense competition prevailing in the market. “As local companies etch diverse strategies to strengthen their hold, large companies are focusing
Excimer Laser Market: Industry Analysis And Detailed Profiles Of Top Industry Pl …
An excimer laser, also known as exciplex laser, is one of the form of ultraviolet laser which is has major applications in the production of microelectronic equipment and devices, eye surgery, semiconductor based integrated chips or circuits and micromachining. An excimer laser primarily consists of reactive gas, for instance chlorine or fluorine along with noble gas, for example, krypton, argon, xenon. The excimer laser market has been segmented into by

All 5 Releases


More Releases for Increased

UDP Flood attack volume increased by 71%
Hackers activity has decreased significantly, but they became more violent. Such a conclusion was reached by DDoS-GUARD experts after analyzing the statistical data for the 2nd quarter of 2016. When it comes to quantitative indicators, the last quarter can be marked by significant quantitative decline. The number of detected DDoS attacks is 57% lower than in the previous quarter and equals to 12583. But don’t get excited too soon, as
Increased Professionality with eam4cloud
Viernheim (Germany) 7 October, 2015. all4cloud will be part of the 4th Business ByDesign Users Conference taking place from October 11 to 14 in Las Vegas, NV – therefore an international professional audience has the opportunity to get to know eam4cloud, the ERP maintenance solution coming out of the cloud. Furthermore they are able to experience how this solution, included into SAP Business ByDesign, interacts with the cloud ERP solution.
FRA Welcomes Increased Chinese Forestry Output Values
Seattle, United States, October 13, 2011 -- The news that China’s forestry resources are being managed and used effectively to generate larger output values has been welcomed by Forestry Research Associates. The new statistics have been released by the State Forestry Administration (SFA), which says there has been “significant growth in the industry”. Total output value for China’s forestry industry increased to $255 billion in the first eight months of 2011,
Increased Adoption of Next Generation Network Devices
London, UK - July 06, 2011 -- Next generation devices for data centers and cloud-based technology have been witnessing huge opportunities in the networking market. The market is driven by the need for organizations to reduce power consumption of data centers in order to lower the overall data center management costs. These next generation technologies help cut down operating expenses by more than 50 percent. Moreover, they have been providing
Cybernetics Announces Increased SAN Storage Capacity
Cybernetics’ Powerful iSCSI SAN Solutions Now Available With 3TB Disk Drives June 10, 2011, Yorktown, Virginia -- Cybernetics has announced the immediate availability of 3TB disk drives in all SAN Storage disk solutions. Cybernetics miSAN and iSAN SAN storage solutions are now available with 3TB Hard disk drives. The miSAN and iSAN D Series are powerful storage solutions with up to 48TB of raw capacity, per unit,
Long-Term Care Insurance Tax Deductions Increased
The Internal Revenue Service (IRS) announced increased deductibility levels for long-term care insurance policies purchased in 2011. "For taxable years beginning in 2011, the limitations have been increased," explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance http://www.aaltci.org, the industry's trade association. “Tax advantaged long-term care insurance remains one of the few remaining significant tax-savings benefits especially meaningful for small business owners." The deductible limits under Section