What's driving the Thermally Conductive Plastics Market Size? Celanese Corporation, Royal DSM N.V., Polyone Corporation, Saudi Basic Industries Corporation (SABIC), RTP Company, BASF SE, Covestro AG (Bayer Materialscience), E. I. Du Pont De Nemours and Co
Global Thermally Conductive Plastics Market is valued approximately USD 174 million in 2018 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2019-2026. Surge in demand for better thermal management in the electrical and electronics device, demand for lightweight vehicles etc. has led to the growth of thermally conductive plastics.
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The regional analysis of global Thermally Conductive Plastics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to the strong presence of thermally conductive plastic manufacturers in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing demand for smart electronics and personal vehicles, well-established electronics manufacturing sector would create lucrative growth prospects for the Thermally Conductive Plastics market across Asia-Pacific region.
The huge rise in construction and uptake of vehicles is expected to propel the need for thermally conductive plastics products in the automotive industry. Furthermore, product innovations and continuous R&D is expected to create significant growth opportunity in the market over the forecast period. However, high cost and complex production impedes the growth of the market over the forecast period of 2019-2026.
Typical applications of thermally conductive plastics include heat sinks for LEDs and other heat sources, electronic device housings, heat exchangers, battery housings and temperature sensors and cooling systems. Increasing demand for the plastics in the manufacturing of lightweight heat sinks, LED lights, electrical vehicles, lightweight automotive vehicles and medical devices are prime factors contributing towards market growth.
Thermally conductive plastics include Polybutylene terephthalate (PBT), Polyetherimide (PEI), Polyphenylene Sulfide (PPS), Polycarbonate (PC), Polyamide (PA) and others. Thermally Conductive Plastics comprises properties such as impact resistance, high temperature resistance, abrasion resistance, excellent balance of strength, resistant to bases, and heat conductivity.
Major market player included in this report are:
o Celanese Corporation
o Royal DSM N.V.
o Polyone Corporation
o Saudi Basic Industries Corporation (SABIC)
o RTP Company
o BASF SE
o Covestro AG (Bayer Materialscience)
o E. I. Du Pont De Nemours and Company (Dupont)
o Ensinger GmbH
o Kaneka Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
o Polyphenylene Sulphide
o Polybutylene Terephthalate
By End-Use Industry:
o Electrical & Electronics
o North America
o Asia Pacific
o Latin America
o Rest of the World
Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017
o Base year - 2018
o Forecast period - 2019 to 2026
Target Audience of the Global Thermally Conductive Plastics Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
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Table of Content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
1.2.1. Thermally Conductive Plastics Market, by Region, 2017-2026 (USD Million)
1.2.2. Thermally Conductive Plastics Market, by Type, 2017-2026 (USD Million)
1.2.3. Thermally Conductive Plastics Market, by End-Use Industry, 2017-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Thermally Conductive Plastics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Thermally Conductive Plastics Market Dynamics
3.1. Thermally Conductive Plastics Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Scandium Metal Market Trends and Research Insights by 2025.
According to trusted estimates, global scandium metal market is projected to expand with a CAGR of 3.4% during 2020-2025 to accrue USD 78 million by the end of study period. Growing use of scandium in solid oxide fuel cells, metallurgy, ceramics, electronics, lighting, and displays is the major determinant propelling the market growth.
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