Thermally Conductive Plastics Market Size to Reach USD 542.9 Million in 2032| Emergen Research

Rapid advancements in e-mobility and telecommunications is one of the major factors driving Thermally Conductive Plastics market revenue growth


Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) -- The global thermally conductive plastics market size was USD 121.0 Million in 2022 and is expected to register a steady revenue CAGR of 16.3% during the forecast period, according to latest analysis by Emergen Research. Increasing use of thermally conductive plastics in the Oil & Gas (O&G) industry is a major factor driving market revenue growth. Thermally conductive polymers are widely utilized in production and everyday life due to their flexibility, lightweight, excellent chemical stability, and low cost., which can replace metals, traditional plastics, and ceramics for heat-sensitive applications. The introduction of silica into cement mixture modifies silica-to-calcium ratio, enhancing the cement's stability while preserving its permeability and physical strength, even when subjected to high temperatures of up to 110°C. Grounded silica is particularly utilized for grading G and H well cement, and it is also used to adjust slurry density, replacing materials such as ilmenite, barite, or coal powder. In fact, roughly one-third of the cement used in these operations consists of thermally conductive plastics. In addition, rising demand for O&G products due to increasing energy and fuel requirements is another key factor driving revenue growth of the market.

However, health concerns pertaining to the exposure to respirable silica dust is a key factor, which could restrain market revenue growth. While silica is a common component in various products including paints, coatings, adhesives, glass, and rubber tires, prolonged exposure to these products carries significant risks. Approximately 2.5 Million workers worldwide face exposure to thermally conductive plastics and other silica forms. The processing of siliceous rocks generates inhalable dust, which when breathed in, poses severe health dangers. Inhaling and retaining fine silica particles can lead to a condition known as silicosis, an incurable lung disease that can result in permanent disability or even death. Individuals with silicosis are also at an increased risk of developing pulmonary tuberculosis.

Get Free Sample PDF Copy Of This Report @ https://www.emergenresearch.com/request-sample/2607  

Scope of Research

Report Details Outcome
Market Size in 2022 USD 121.0 Million
Volume Units in 2022 XX Units
CAGR (2023–2032) 16.3%
Revenue Forecast To 2032 USD 542.9 Million
Base Year For Estimation 2022
Historical Data 2019-2021
Forecast Period 2023–2032
Quantitative Units Revenue in USD Million and CAGR in % from 2023 to 2032
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered Type, end-use, and region
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Country Scope U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa
Key Companies Profiled Celanese Corporation, DSM, SABIC, BASF SE, DuPont, LANXESS, Mitsubishi Engineering-Plastics Corporation, Emercoplastic, TORAY INDUSTRIES, INC., and KANEKA CORPORATION
Customization Scope 10 hours of free customization and expert consultation

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/2607

Major Companies and Competitive Landscape

The global thermally conductive plastics market is fairly fragmented, with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective thermally conductive plastics solutions in the market. Some major players included in the global thermally conductive plastics market report are:

  • Celanese Corporation
  • DSM
  • SABIC
  • BASF SE
  • DuPont
  • LANXESS
  • Mitsubishi Engineering-Plastics Corporation
  • Emercoplastic
  • TORAY INDUSTRIES, INC.
  • KANEKA CORPORATION       

Strategic Development

  • On 6 November 2023, Imerys officially launched its latest talc processing plant in Wuhu, China, with a focus on manufacturing high-value specialty talcs dedicated to the automotive polymers market. The inauguration ceremony was attended by prominent customers and government officials. This new talc processing facility represents Imerys' most ambitious investment initiative in the region in recent years. It produces Imerys' engineered talcs, including high aspect ratio, ultrafine, and micro-lamellar talcs under brand names like HAR, Jetfine, and Steamic. These talcs are specifically formulated to enhance the mechanical performance of talc-reinforced plastic automotive components, increasingly substituting metal parts in modern vehicles.

Some Key Highlights from the Report

  • The polyamide segment accounted for largest revenue share in the global thermally conductive plastics market in 2022. This is because thermally conductive plastics based on polyamide offer improved thermal conductivity compared to conventional polyamides, making these well-suited for applications where effective heat dissipation is essential. These materials are inherently lightweight, and when thermally conductive fillers are incorporated, the resulting composite maintains a favorable strength-to-weight ratio..
  • The automotive segment is expected to register steadily fast revenue growth rate in the global thermally conductive plastics market during the forecast period due to rapid advancements in Hybrid Electric Vehicles (HEVs) and electric Vehicles (EVs). Rising demand for thermally conductive plastics is attributed to their versatility in designing Three Dimensional (3D) components, reducing weight, and serving as heat sinks for automotive LED lighting systems, thereby replacing traditional mechanical components. In addition, employing computer-aided simulation for component redesign may even surpass the thermal management capabilities of die-cast aluminum. In the context of EV batteries, thermally conductive polycarbonates enable the creation of inventive cooling cell holders. .
  • The North America accounted for largest revenue share in the global thermally conductive plastics market in 2022. This is owing to increasing strategic initiatives and funding toward product design and development of thermally conductive plastics, emergence of key startup companies, and rapid adoption of thermally conductive plastics applications, especially in the U.S. and Canada. For instance, on 26 July 2022, Dow has collaborated with BSB Nanotechnology Joint Stock Company, the pioneer in crafting high-quality silica derived from rice husk, a sustainable byproduct of rice processing. This rice husk-based material finds application in various sectors within the personal care industry. This partnership serves to expedite Dow's dedication to bio-based products. The latest ingredient, marketed as EcoSmoot Rice Husk Cosmetic Powder by Dow, brings about optical advantages and offers a distinctive sensory experience to consumers in skin care, hair care, and color cosmetics.

Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/2607

Segments Covered in Report

For the purpose of this report, Emergen Research has segmented the global thermally conductive plastics market on the basis of type, end-use, and region:

  • Type Outlook (Revenue, USD Million; 2019-2032)
    • Polyamide
    • Polycarbonate
    • Polyphenylene Sulfide (PPS)
    • Polyetherimide (PEI)
    • Polysulfones
    • Others
  • End-use Outlook (Revenue, USD Million; 2019-2032)
    • Electrical & electronics
    • Automotive
    • Industrial
    • Healthcare
    • Aerospace
    • Telecommunications
    • Others
  • Regional Outlook (Revenue, USD Million; 2019-2032)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of Middle East & Africa

Browse Full Report Description + Research Methodology + Table of Content + Infographics@

https://www.emergenresearch.com/industry-report/thermally-conductive-plastics-market

Curated Reports You Shouldn't Miss: Dive In Now!

Transparent Polycarbonate Market by Product Type, by Raw Material Type, by Manufacturing Process Type, by Thickness Type, by End-use Industry, by Application Type and by Region Forecast to 2032

Sulfuric Acid Market, By Type (Base Metal Smelters, Elemental Sulfur, Pyrite Ore, and Others), By Application, and By Region Forecast to 2032

Epoxy Curing Agents Market, By Curing Agents (Amines, Polyamides, and Anhydrides), By Application (Coatings, Adhesives, Composites, and Others), By Curing Mechanism, By End-Use (Construction, Automotive, and Others), By Region Forecast to 2032

Mass Flow Controller Market, By Media Type (Gas and Liquid), By Flow Rate (Low, Medium, and High), By Material, By Technology, By Application, By End-use, By Region Forecast to 2032

Polyamides and Intermediates Market, By Product Type (PA 6, PA 66, PA 12, and Others), By Distribution Channel (Online and Offline), By Application (Automotive, Textile, and Others), By End-use, and By Region Forecast to 2032

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: https://www.emergenresearch.com/

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights

Read our Press Release @ https://www.emergenresearch.com/press-release/global-thermally-conductive-plastics-market



Coordonnées