Global Thermally Conductive Plastics Market Report 2020-2027: Lightweighting Forces Manufacturers To Face the Most Significant Changes in Material Mix - Market to Reach $315.3 Million

10 December 2020

Dublin, Dec. 10, 2020 (GLOBE NEWSWIRE) -- The "Thermally Conductive Plastics - Global Market Trajectory & Analytics" report has been added to's offering.

Lightweighting Forces Manufacturers To Face the Most Significant Changes in Material Mix. Thermally Conductive Plastics to Reach $315.3 Million

The global market for Thermally Conductive Plastics is expected to slump by -11.3% in the year 2020 and thereafter recover and grow to reach US$315.3 million by the year 2027, trailing a post COVID-19 CAGR of 10% over the analysis period 2020 through 2027. The market in the year 2020 is expected to face a setback as a result of the impact of COVID-19 on various end-use markets, including the automotive, electrical and electronics, industrial sectors.

However, the market is expected to recover post-pandemic given the material's unique characteristics such as thermal conductivity. The high formability of thermally conductive plastics makes them the ideal material for products with low error tolerance such as parts in electronics and computers. The high customization and precise output of products makes thermally conductive plastics ideal for such applications.

For instance, metal products require further processing and finishing for the product to meet production requirements while products made from thermally conductive plastics require minor processing or no processing at all, making them cost competitive as well as ideal for products with strict delivery schedules. Thermally conductive Plastics are 50-100 times thermally conductive than standard thermoplastics & only 1/5th the cost of cast aluminium. Also, thermoplastics offer greater design freedom as compared to aluminium.

Automobiles, aircraft & ships are today manufactured with a cold-eyed focus on weight reduction & fuel efficiency. In automotive manufacturing, thermally conductive plastics are used among other applications in lighting systems, HEV/EV components, HVAC & fluid handling systems where high temperatures are present. While the current pandemic induced economic crisis will inflict revenue loss & pain in the year 2020, stricter CO2 emission standards will spur growth in the post COVID-19 period.

Thermally conductive plastics will continue to gain traction in segments hitherto dominated by conventional metals such as aluminum. The low weight, low cost and high customization capabilities are enabling thermally conductive plastics to replace conventional materials in many applications. Electric cars require efficient heat dissipation systems to manage the heat generated by the battery packs. In addition to the weight factor, using metals for heat dissipation also runs the risk of electrical short circuits and shocks. As a result, thermally conductive plastics with their low conductivity are emerging as preferred materials for such applications. In the electronics industry, smaller form-factors, miniaturization which require precise molding and the quest for making products lightweight are driving demand for thermally conductive plastics. In addition, technological advancements are enabling reductions in the use of expensive fillers such as boron nitride and are even encouraging substitution with low cost materials such as nylon 6 and nylon 6,6.

Electrical & electronics, automotive, and lighting industries are major end-user markets. LED lights are among the largest applications for thermally conductive plastics. Automotive applications are also a major revenue source given the material's lightweight characteristics. Polyamide represents the largest type of thermally conductive plastics. Polybutylene Terephthalate (PBT) represents another major type of thermally conductive plastics. In addition, PBT is also forecast to witness healthy growth in future.

Polytherimide and polycarbonate are also among major types of thermally conductive plastics and are expected to witness significant growth owing to applications in growing markets such as automotive and electrical & electronics industries. Polyamides (PAs) are an important class of high-performance engineering thermoplastics with a variety of applications. The outstanding properties of PA include good electrical characteristics, high rigidity and exceptional intrinsic flame retardancy.

Nylons find major application in the automotive industry, including for wire and cable jacketing, brake and power steering reservoirs, valve and engine covers, cooling fans, turbo air ducts, and gears for windshield wipers and speedometers .

Competitors identified in this market include, among others:

  • DuPont de Nemours, Inc.
  • Arkema Group
  • Compagnie de Saint-Gobain
  • Celanese Corporation
  • Covestro AG
  • Brenntag AG
  • Avient Corp.
  • Dexinghahg Plastic Materials Co., Ltd.
  • Dongguan Ziitek Electronic Material & Technology co., Ltd.

Key Topics Covered:




  • A Prelude to Thermally Conductive Plastics
  • Thermal Conductivity of Metals vs. Plastics
  • Impact of Covid-19 and a Looming Global Recession
  • Global Thermally Conductive Plastics Market Set to Recover Post COVID-19
  • Polyamide and Polybutylene Terephthalate (PBT) - The Largest Type of Thermally Conducting Plastics
  • Ease of Customization and Design Flexibility - A Major Factor Driving Increased Usage of Thermally Conductive Plastics
  • Select Polymer Offerings of Select Companies
  • Recent Market Activity



  • Thermally Conductive Polyamides Help Thermal Management Attain New Levels
  • Thermally Conductive Polycarbonate Grades Well Suited for Passive Heat Management Applications
  • Miniaturization Trend Spurs Demand for Thermally Conductive Plastics
  • LED Lighting Makes Transition to Thermally Conductive Solutions
  • Thermally Conductive Plastics for Heat Management in LED Lamps
  • Smart Cities Drive Installation of Smart & Connected Lighting Systems
  • Growing Number of Smart Homes Create Significant Demand
  • Smart Intelligent LED Lighting Catalyses Growth Prospects
  • Thermally Conductive Polycarbonate Offers Compelling Material Option to Dissipate Heat Generated by LEDs
  • Advanced Thermally Conductive Polymers with Effective Heat Dissipation
  • Ultra-Thin Plastic Films Expand Application Scope of Polymers from Insulators to Heat Dissipaters
  • Electrical & Electronics: The Largest Market for Thermally Conductive Plastics
  • Development of Smart Electronics Bodes Well for the Thermally Conductive Plastics Market
  • Smartphones & Tablet PCs Boost Prospects
  • Automotive Industry: Another Major Market for Thermally Conductive Plastics
  • A Current & Post Pandemic Outlook for Thermally Conductive Plastics in Automotive Applications
  • Evolving Car Electronics to Drive Long Term Gains
  • Popularity of Electric Vehicles to Power Growth
  • Increasing Demand for Thermally Conductive Plastics in Electric and Hybrid Vehicle Battery Housings
  • Prospects in Aerospace Sector
  • Novel Opportunities in Healthcare Sector
  • Uptrend in Healthcare Spending Bodes Well
  • Demand Patterns in Industrial Sector
  • Select Advancements and Innovations in the Recent Years
  • MIT Research Team Develops Ultra-thin, Thermally Conductive Polymer Film
  • Polymer Composites with Superior Thermal Properties for Soft Robotics & Electronic Devices
  • Thermally Conductive Polyimide Film with Outstanding Electrical Insulation & Flexibility




  • Total Companies Profiled: 46

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