Thermally Conductive Plastics Market Size, Share, Industry, Forecast and outlook (2024-2031)

Thermally Conductive Plastics Market is expected to grow at a high CAGR of 13.2% during the forecasting period 2024-2031.

Asia Pacific region Controls the Thermally Conductive Plastics Market during 2024-2031.

The thermally conductive plastic market is driven by the surge in demand for lightweight and cost-effective materials in the automotive, aerospace, electronics, and building & construction sectors. Thermally conductive plastics are used in these sectors because they have good mechanical properties, such as stiffness and impact strength, and they can help to reduce weight and cost.

Major players are Imerys, BASF SE, Dow, Kaneka Corporation, Celanese Corporation, SABIC, DSM, RTP Company, Ensinger, Toray Industries, Mitsubishi Engineering-Plastics Corporation, Lanxess, HELLA GmbH & Co, Covestro AG and among others.