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Thermally Conductive Plastics Market Worth 255.1 Million USD by 2021


News provided by

MarketsandMarkets

06 Apr, 2017, 09:30 GMT

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PUNE, India, April 6, 2017 /PRNewswire/ --

The report "Thermally Conductive Plastics Market by Resin Type (Polyamide, PBT, PC, PPS, PEI), End-use Industry (Electrical & electronics, Automotive, Industrial, Aerospace, Healthcare), and Region - Global Forecast to 2021", published by MarketsandMarkets™, the market was valued at USD 119.2 Million in 2015 and is projected to reach USD 255.1 Million by 2021, at a CAGR of 13.6% from 2016 to 2021.

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Browse 63 market data Tables and 41 Figures spread through 133 Pages and in-depth TOC on "Thermally Conductive Plastics Market"

http://www.marketsandmarkets.com/Market-Reports/thermally-conductive-plastics-market-148526587.html
Early buyers will receive 10% customization on this report.

Ease of customization and design flexibility is one the major driver for the growth of these plastics, as Thermally Conductive Plastics (TCPs) are comparatively lighter than other alternative materials such as metals and ceramics. Furthermore, TCPs are easy-to-handle, customize, and mold, and have higher scratch resistance, thermal stability, impact strength, and resistance to abrasions. In addition to this, the development of smart electronics, and technological advancements in the automotive industry are also some of the major factors expected to drive the market.

Request for Sample PDF of the Report http://www.marketsandmarkets.com/pdfdownload.asp?id=148526587

Based on resin types, the polyamide segment is projected to be the largest segment of the market during the forecast period. 

Based on resin types, the polyamide segment is projected to be the largest segment of the thermally conductive plastics market during the forecast period. Polyamide is a performance plastic, and is rapidly replacing metals in various applications, due to its superior properties, such as impact resistance, high temperature resistance, abrasion resistance, excellent balance of strength, resistant to bases, and heat conductivity. Polyamides find application in various end-use industries, including automotive and electrical & electronics.

The automotive end-use industry segment of the market is projected to witness highest growth from 2016 to 2021. 

The automotive segment of the market is projected to witness highest growth during the forecast period. TCPs are being increasingly used in the automotive industry, due to their properties, such as impact resistance, high temperature resistance, abrasion resistance, excellent balance of strength, resistant to bases, and heat conductivity. Several companies manufacturing TCPs are carrying out research & development activities to widen the application areas of different types of TCPs.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=148526587

The Asia-Pacific thermally conductive plastics market is projected to witness highest growth from 2016 to 2021.

The Asia-Pacific Thermally Conductive Plastics Market is projected to witness highest growth in the coming years, owing to factors, such as increasing demand for smart electronics and growing urbanization in the region. China, India, Japan, Australia, and South Korea are some of the key countries in the region that are contributing significantly to the growth of the market in Asia-Pacific.

Some of the key players in the thermally conductive plastics market are Celanese Corporation (U.S.), Royal DSM N.V. (Netherlands), PolyOne Corporation (U.S.), SABIC group (Saudi Arabia), RTP Company (U.S.), Covestro AG (Germany), E. I. Du Pont de Nemours and Company (U.S.), and BASF SE (Germany). Investments, expansions, and new product developments were the major growth strategies adopted by market players between 2012 and 2016 to enhance their regional footprint and meet the growing demand for TCPs in emerging economies.

Browse Related Reports:
Electroactive Polymers Market by Type (Conductive Plastics, Inherently Conductive Polymers and Inherently Dissipative Polymers), by Application (Actuators, Antistatic Packaging, Capacitors, and Sensors) - Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/electroactive-polymers-advanced-technologies-and-global-market-87.html

Electroactive Polymers Market by Type (Conductive Plastics, Inherently Conductive Polymers and Inherently Dissipative Polymers), by Application (Actuators, Antistatic Packaging, Capacitors, and Sensors) - Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/transparent-conductive-film-market-59909084.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

Contact:
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MarketsandMarkets™
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Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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