PUNE, India, December 3, 2015 /PRNewswire/ --
The report "Thermally Conductive Plastics Market by Raw Material (PPS, PBT, PA, PC, PEI, PSU, & Others), by End-Use Industry (Electrical & Electronics, Automotive, Industrial, Healthcare, Aerospace, & Others) - Global Trends and Forecast to 2020", published by MarketsandMarkets, The Thermally Conductive Plastics Market size is estimated to grow from USD 388.5 Million in 2015 to USD 757.4 Million by 2020, at a CAGR of 14.3%.
Browse 89 market data Tables and 60 Figures spread through 159 Pages and in-depth TOC on "Thermally Conductive Plastics Market"
Early buyers will receive 10% customization on this report.
The thermally conductive plastics market size is estimated to grow from USD 388.5 Million in 2015 to USD 757.4 Million by 2020, at a CAGR of 14.3%. The market is driven by the rising use of plastic materials than other alternative materials such as metals and ceramics as they are easy-to-handle, and have higher scratch resistance, thermal stability, impact strength, and resistance to abrasions. Among all regions considered, North America and Asia-Pacific are estimated to witness a strong growth in the next five years. Also, the demand across these regions is reinforced by the emerging markets, namely, China, South Korea, and India.
North America: The Largest Market of Thermally Conductive Plastics
North America is currently the largest market for thermally conductive plastics. The U.S. is the largest market for thermally conductive plastics in this region.
The favorable market forces driving the market for thermally conductive plastics in North America are:
- Stringent lighting regulations in the region
- Increasing demand for lightweight vehicles in the region
- Growing aerospace, healthcare, and electrical & electronics industries in major countries, such as the U.S. and Mexico
Electrical & Electronics: The Largest End-Use Industry Segment of Thermally Conductive Plastics Market
Electrical & electronics is currently the largest end-use segment and one of the major applications of thermally conductive plastics. The heat generated incised the electronic devices is most often concentrated in a small area and temperatures may reach much higher levels which results in the failure of these devices. The continuous developments and demand for smart and sophisticated electronic devices in various end-use industries is driving the demand for better thermal management. This rapid and ongoing growth in the packaging density of electronics has posed enormous challenges to electronics cooling and thus, the lightweight and easy moldability of thermally conductive plastics can be a perfect fit for these devices.
Request PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=148526587
The key players in the thermally conductive plastics market are BASF SE (Germany), Covestro (Bayer MaterialScience) (Germany), Saint Gobain SA (France), Toray Industries Inc. (Japan), Royal DSM N.V. (The Netherlands), HELLA KGaA Hueck & Co.(Germany), RTP Company (U.S.), Celanese Corporation (U.S.), Polyone Corporation (U.S.), Kaneka Corporation (Japan), and Mitsubishi Engineering-Plastics Corporation (Japan), and other local players.
The scope of the report covers detailed information regarding the major factors influencing the growth of the thermally conductive plastics market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the market.
Browse Related Reports:
Thermal Interface Material Market Type (Greases & Adhesives, Tapes & Films, Gap Fillers, Metallic TIMs, and PCM), by Application (Computers, Telecom, Medical Devices, Industrial Machinery, Consumer Durables, and Automotive Electronics), by Region - Trends & Forecasts to 2020
Electroactive Polymers Market Type (Conductive Plastics, Inherently Conductive Polymers and Inherently Dissipative Polymers), by Application (Actuators, Antistatic Packaging, Capacitors, and Sensors) - Trends & Forecasts to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.
M&M'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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets