Scienza e Tecnologia
Thermally Conductive Polymers Market to Surpass US$ 366.4 Million by 2030 - Coherent Market Insights
Adoption of EVs is a latest in the global . Thermally conductive polymers have potential application in battery-powered vehicles due to their high energy density. Thermally conductive polymers are used create lightweight component of vehicles with better safety. According to the International Council on Clean Transportation, Global , a 107% increase from 2020. It is the first time since 2012 that the global EV sales doubled in one year. Of the vehicles sold, 98% were light-duty vehicles (LDVs) and 2% were heavy-duty vehicles (HDVs). By the end of 2021, cumulative global sales of EVs reached 18.6 million, a 58% increase from end of 2020. Of these vehicles, 95% were LDVs while HDVs accounted for 5%. In 2021, the global average EV share of new vehicle sales achieved an all-time high of 8.3%, up from 4.2% in 2020.
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Global is expected to surpass and is anticipated to witness a during the forecast period 2023-2030, owing to the strong growth of end user industries such as automotive, electrical & electronics, aerospace & defense, and medical industries.
On the basis of Product Type, Polyamide segment is expected to hold a dominant position, owing to its exceptional thermal conductivity properties. Also, it is cost-effective, which is again propelling segment growth.
On the basis of Filler Type, Ceramics segment is expected to hold a dominant position, owing to its advantages such as easy processing, light weight, and low cost.
On the basis of End-use Industry, Electrical & Electronics segment is expected to hold a dominant position, owing to the strong growth of electrical & electronics sector. Also, miniaturization of electronic components is further expected to fuel segment growth.
On the basis of region, Asia Pacific is expected to hold a dominant position over the forecast period, due to rapid urbanization and industrialization in the region.
Key players operating in the global thermally conductive polymers market include
In May 2022 , Dow globally introduced DOWSIL™ TC-6015 Thermally Conductive Encapsulant, an advanced, proven, silicone-based solution that provides exceptional thermal management for power electronics applications. This product has won two prestigious 2022 innovation awards: one from the Business Intelligence Group (BIG) in the Manufacturing category; and a Silver from the Edison Awards in the Industrial Technology category.
In November 2022 , SABIC, a global marketer in the chemical industry, introduced LNP™ KONDUIT™ 8TF36E compound, a new specialty material that helps address the stringent demands of burn-in test sockets (BiTS) used to stress-test double-data-rate (DDR) memory integrated circuits (ICs).
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