Plastics were always seen more as insulators, whereas metals were known as better heat conductors. Nonetheless, thermal plastics have demonstrated cooling efficiency comparable to that of metals in applications with natural convection. This makes it a true alternative or an ideal way to add traditional solutions. In applications where metals have distinct disadvantages thermally conductive plastics from various players are good.
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Their free forms can be designed to ensure the precise thermal distribution of the heat sink structures. This reduces disruptive heat transfer and will result in even more efficient cooling. Thermally conductive plastics can be freely formed with the help of injection moulding method. This creates new opportunities for the development and design of the product. Another advantage is even a single plastic component is suitable to cool different electronics components.
Demand in Automotive Applications
Factors such as increased heat dissipation requirements in industry are key factors contributing to market growth. Concerns regarding environmental pollution and industry-based substitute goods can prevent market growth. Many companies are constantly seeking to develop their technology in order to strengthen the product portfolios on the thermally conductive plastic market. As a result of the strong focus on customisation and product efficiency, the market for heat-conductive plastics is rising. Such top properties of TCPs are a key driver for market growth in the next few years.
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Good thermal control is crucial for improving the service life of the product ending up by positively influencing its energy efficiency and environmental performance, whether in microelectronics, automotive engineering or energy engineering. Following are the key application areas for thermally conductive plastics:-
- Heat management in automotive
- Focal application of thermally conductive polymers
o Lighting systems
o Battery modules
- Weight reduction and less fuel consumption
- Corrosion resistance
- Aerodynamics
In terms of geography the global market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. North America and Europe is projected to be the key market for the thermally conductive plastics owing to the flourishing electronics industry. Increasing investment in research and development is also anticipated to uplift the demand of thermally conductive plastics over the foreseeable future.
Key Market Players
- Henkel
- H.B. Fuller
- 3M
- Permabond Engineering Plastics
- Masterbond
- Creative Materials Inc.
- Panacol-Elosol GmbH
- Polytec PT GmbH
- Lord Corporation
- Other Key Companies
Market Segments: Thermally Conductive Plastics
By Resin Type
Polyamide
Polybutylene terephthalate (PBT)
Polycarbonate
Polyphenylene Sulfide (PPS)
Polyetherimide
Others
By End-use
Electrical & electronics
Automotive
Industrial
Healthcare
Aerospace
Others
By Region (tentative)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
South Africa
UAE
Rest of Middle East & Africa
Key Sources
- Industry Associations
- Patent Websites
- Company Annual Reports
- Company Websites
- Key industry leaders
- Technology consultants
- Battery Associations
- Un Comtrade
- E-commerce websites
- Others
Key Questions Answered
- What are the key growth regions and countries?
- What are the important types and technologies being used?
- What are the market players doing, in terms of research and development?
- Which are the new applications for this market?
- What are the integrations happening?
- What are the recent news, developments, mergers, or large value deals?
Key Stakeholders
- Raw material suppliers
- Ink suppliers
- Food packaging companies
- E-commerce platforms
- Tech companies
- Regulatory Authorities
- Research and Innovation Organizations
- Suppliers and Distributors
- Other Channel Partners
- Quality Control Organizations
- Environmental Authorities
- Automotive companies
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About Us
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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