Scienza e Tecnologia
Thermally Conductive Plastics Market worth $298 million by 2027 - Exclusive Report by MarketsandMarkets™
PBT is a rigid and heat resistant polymer which allows development of complex parts owing to its dimensional accuracy and flexibility. PBT based thermally conductive plastics are widely used in electrical & electronics and automotive industry for LED lightings, battery casings, and housing of components. The consumption of PBT based thermally conductive plastics is expected to increase owing to the emergence of E-mobility and efficient heat dissipation in automotive electronics during the forecast period.
Thermally conductive plastics are used in industrial equipment such as motors & armatures, transformers, housings, machine parts, heat exchangers, HVAC, and covers. These plastics with additives such as graphite powder increase the thermal conductivity and provide substantial advantages over metals in terms of weight reduction, corrosion resistance, design flexibility, and cost. Resistance to various chemicals and fire makes thermally conductive plastics a suitable alternative to metals in industrial applications.
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The market growth in this region is backed by the economic and infrastructural development in Brazil and Argentina , mainly in the electrical & electronics, automotive, and industrial sectors. Industrial activities in the region have increased because of the rising disposable incomes, shift toward nuclear families, affordable interest rates, and changing consumer preferences.
Major players in the global thermally conductive plastics market include Celanese Corporation (US), DSM ( The Netherlands ), SABIC ( Saudi Arabia ), BASF ( Germany ), DuPont (US), LANXESS ( Germany ), Mitsubishi Engineering-Plastics Corporation ( Japan ), Ensinger ( Germany ), TORAY INDUSTRIES, INC. ( Japan ), and KANEKA CORPORATION ( Japan ).
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Resins and Polymers Market Research Reports & Consulting
by Application (Engineering Plastics, Fiber), Type (PA 6, PA 66, Bio-based & Specialty Polyamides), and Region ( Asia-Pacific , North America , Europe , Middle East & Africa , South America ) - Global forecast to 2021
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