Thermally Conductive Plastics Market Size, Share & Trends Analysis Report by Type (Polyamide, Polycarbonate), By End-use (Electrical & Electronics, Automotive), By Region, And Segment Forecasts, 2024 - 2030
Thermally Conductive Plastics Market Trends
The global thermally conductive plastics market size was estimated at USD 156.10 million in 2023 and expected to grow at a CAGR of 12.6% from 2024 to 2030. The advent of advanced electronics that integrate technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT), cloud computing, and others is driving the market. Additionally, the growing demand for automobiles in different economies is fueling the demand for thermally conductive plastics globally.
One of the prominent trend in the market is the emerging popularity and increasing adoption of electric vehicles (EVs) owing to the rising awareness among government and individuals regarding global warming and climate change. As the automotive industry transitions towards electric mobility, effective thermal management becomes crucial to ensure the efficiency and longevity of vehicle systems. Battery management systems are vital for maintaining optimal battery temperature, which directly impacts performance, safety, and lifespan. Thermally conductive plastics are increasingly being used in battery enclosures and modules to facilitate heat dissipation and prevent overheating.
Global Thermally Conductive Plastics Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented global thermally conductive plastics market report based on type, end- use, and region:
Type Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
Polyamide (PA)
Polycarbonate (PC)
Polybutylene Terephthalate (PBT)
Polyphenylene Sulfide (PPS)
Polyetherimide (PEI)
Others
End-use Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
Electrical & Electronics
Automotive
Industrial
Healthcare
Aerospace
Others
Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Spain
France
The Netherlands
Belgium
Asia Pacific
China
India
Japan
South Korea
Indonesia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
UAE
Please note The report will be delivered in 4-8 business days upon order notification.