Thermally Conductive Plastics Market - Industry Analysis, Size, Share, Forecast 2016 - 2024

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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Thermally
Conductive Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This
report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and
worldwide business sector industry structure.
Global demand for thermally conductive plastics has been high in recent years due to their unique properties and increasing
number of applications. Thermally conductive plastics are manufactured using basic polymers, wherein the addition of fillers
leads to conductive properties in plastics. Fillers such as graphite or carbon and metal powder are added to base polymers for
the formation of thermally conductive plastics. Depending on the application and type of filler, the degree of filling in the base
polymer can be customized. On the basis of raw material, thermally conductive plastics can be segmented into different types
such
as
PPS
(polyphenylene
sulfide),
PBT
(polybutylene
terephthalate),
PA
(polyamide),
PC
(polycarbonate),
PEI
(polyethylenimine), PSU (polysulfone), PEEK (polyether ether ketone), and others. On the basis of application, thermally
conductive polymers can be categorized into many types such as aerospace, automotive, electrical & electronics, healthcare,
industrial, and others.
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Thermally conductive plastics are the ideal replacement materials for conventional metals used in different applications
requiring heat dissipation. Thermally conductive plastics offer advanced features such as reduction in weight (40% lighter than
metals), improved heat dissipation, corrosion resistance, flame retardancy, and reduced cost. Thermal conductivity of these
plastics ranges from 20 W/mK to 25 W/mK. Thermally conductive plastics can be used instead of aluminum sheets in electronics
gadgets where heat dissipation is required. They are also used for electronic applications such as LED fixtures, heat sinks,
electronic enclosures, and connectors. In the automotive industry, thermally conductive plastics are employed in the
manufacturing of various automobile components that are exposed to heat such as radiator end caps, fuel pumps, LED displays,
fuel cells, and under hood components. Their low weight along with high thermal conductivity has led to increased demand for
thermally conductive plastics in the aerospace and aviation industries. Various aerospace applications such as attenuation
tubes, pulleys, sensor plates, and many other parts are made up of thermally conductive plastics. Various medical devices such
as EMI (electromagnetic interference) housings, and ESD (electrostatic discharge) protection use thermally conductive plastics in
the health care industry. These plastics offer characteristics such as low weight and easy fabrication. These are also less
expensive as compared to metal parts. Various equipment and industrial components used for heat dissipation such as coils,
pumps, motors/armatures, and transformers are manufactured using thermally conductive plastics.
Significant growth in the electrical & electronics industry is driving the demand for thermally conductive plastics in North
America, Europe, and Asia Pacific. Factors such as easy customization as per end-use, extended life, enhanced heat transfer,
and design flexibility have led to increased demand for thermally conductive plastics globally. Rising demand for smart
electronics and gadgets in developing regions of Asia Pacific is fueling the growth of thermally conductive plastics. Increasing
concern regarding environmental issues has led to higher demand for electric vehicles. This is another factor propelling the
growth of the thermally conductive plastics market. Factors hampering the growth of thermally conductive plastics include their
lower thermal conductivity vis-à-vis conventionally used metals and fluctuating prices of raw materials. Rapid rise in demand for
LED products across the globe is expected to boost the market for thermally conductive plastics in the near future. Major players
are investing significantly in R&D activities in developing innovative products and increase the application range of thermally
conductive plastics. This is estimated to generate market opportunities in the near future.
Key players in the thermally conductive plastics market are BASF SE, Celanese Corporation, Covestro AG, HELLA KGaA
Hueck & Co., Kaneka Corporation, Kenner Material & System Co. Ltd., Koninklijke DSM N.V., LATI Industria Termoplastici S.p.A.,
Mitsubishi Engineering-Plastics Corporation, PolyOne Corporation, RTP Company, Saint-Gobain S.A., and Toray Industries, Inc.
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The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by
tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely
scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
•
Key market segments and sub-segments
•
Evolving market trends and dynamics
•
Changing supply and demand scenarios
•
Quantifying market opportunities through market sizing and market forecasting
•
Tracking current trends/opportunities/challenges
•
Competitive insights
•
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
•
North America (U.S. and Canada)
•
Latin America (Mexico, Brazil, Peru, Chile, and others)
•
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
•
Eastern Europe (Poland, Russia)
•
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
•
Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of
companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for
a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the
economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More
than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a
base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within
each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global
market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted
via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and realtime calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are
interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and
the scope of activity within their organizations.
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Global demand for thermally conductive plastics has been high in recent years due to their unique properties and increasing number of applications. Thermally conductive plastics are manufactured using basic polymers, wherein the addition of fillers leads to conductive properties in plastics. Fillers such as graphite or carbon and metal powder are added to base polymers for the formation of thermally conductive plastics. Depending on the application and type of filler, the degree of filling in the base polymer can be customized. On the basis of raw material, thermally conductive plastics can be segmented into different types such as PPS (polyphenylene sulfide), PBT (polybutylene terephthalate), PA (polyamide), PC (polycarbonate), PEI (polyethylenimine), PSU (polysulfone), PEEK (polyether ether ketone), and others. On the basis of application, thermally conductive polymers can be categorized into many types such as aerospace, automotive, electrical & electronics, healthcare, industrial, and others.