Thermally Conductive Additives Market is Forecasted to Reach USD 1.3 Billion in 2027, Says Stratview Research

The global Thermally Conductive Additives Market is projected to witness a growth rate of 11% annually from 2022 to 2027, with an anticipated size of USD 1.3 billion in 2027, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Thermally Conductive Additives Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/811/thermally-conductive-additives-market.html#form

Report Highlights: `
Market Size in 2027: USD 1.3 billion
Growth (CAGR): 11% during 2022-2027
Forecast Period: 2022-2027
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Thermally Conductive Additives Market:
The global Thermally Conductive Additives Market is segmented by resin type, additive type, end-use industry type and region

Based on the resin type: The thermally conductive additives market is segmented into thermoplastics and thermosets. To have a better understanding of the segment, Stratview has further broken the market into different thermoplastics and thermosets. Thermoplastics are bifurcated into PA, PBT, PC, and others. Analogously, thermosets are divided into epoxy, phenolic, and other thermosets. Seemingly, most of the thermally conductive plastics are going with thermoplastics, serving a wide range of industries including but not limited to automotive, consumer goods, electrical and electronics, and LED lighting. Among thermoplastics, PA is the biggest market category for these additives.

Based on the additive type: The market is segmented into Graphite, Boron Nitride, Alumina, Aluminum Nitride, and Others. Graphite is expected to remain the dominant as well as the faster-growing additive type in the market during the forecast period. Graphite is the best option if electrical conductivity and high thermal conductivity are required in a plastic compound. It is preferred due to its low cost. Graphite costs approximately half of the boron nitride additives.

Based on the end-use industry type: The market is classified as E&E, automotive, LED lighting, consumer goods, and others. E&E is likely to remain the most dominant demand generator in the years to come, whereas LED Lighting is likely to be the fastest-growing market during the same period. Electronic devices are becoming smaller yet more powerful with every generation, and the importance of thermally conductive and electrically insulative plastics for enclosures has been rising tremendously.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/811/thermally-conductive-additives-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests Asia-Pacific is expected to remain the largest market for thermally conductive additives during the forecast period. This growth outlook is majorly attributed to the following-
• China is the growth engine of the Asia-Pacific's thermally conductive additives market. A significant increase in the demand for smart electronics, LED lights, and electric vehicles in the country will continue to boost the demand during the forecast period.
• Furthermore, lucrative government policies are attracting investments from various companies to expand their manufacturing base in the region.

North America and Europe also hold a fair share of the global market and are likely to create sizeable growth opportunities for the market participants in the years to come.

Thermally Conductive Additives Market Drivers:

The growth of the Thermally Conductive Additives Market is driven by several factors.
• The thermally conductive additives market is being driven by several strong factors. The rising demand for lightweight materials-especially in plastic-intensive industries such as automotive and electronics-is one of the primary growth drivers.
• Additionally, trends like engine downsizing in vehicles and the miniaturization of electronic components are causing elevated localized temperatures, necessitating efficient thermal management solutions.
• These conditions are compelling Tier players and OEMs to integrate conductive additives into plastic compounds.
• Furthermore, the market remains underpenetrated, especially in emerging applications, offering vast opportunities for manufacturers to collaborate closely with key industry players to accelerate adoption.

Top 10 Companies in the Thermally Conductive Additives Market:
Stratview Research has identified the following companies as the top market players:
• Imerys S.A.
• Showa Denko K.K.
• Saint-Gobain S.A.
• The 3M Company
• Momentive Inc.
• Denka Corporation
• Asbury Carbon Inc.
• Henze Boron Nitride Products AG
• Huber Engineered Materials
• SGL Carbon SE

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Thermally Conductive Additives Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Conductive Carbon Additives Market: https://www.stratviewresearch.com/3218/conductive-carbon-additives-market.html
• Conductive Graphite Additives Market: https://www.stratviewresearch.com/3219/conductive-graphite-additives-market.html

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It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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