Industry Experts, Inc. Forecasts Global Thermally Conductive Plastics Market to Post 16% CAGR to Surpass $300 million by 2028
Industry Experts, Inc. introduced a global market research report on Thermally Conductive Plastics (TCPs). The new report entitled " Thermally Conductive Plastics – A Global Market Overview " reveals that Polyamides (PAs) are most extensively utilized for making TCPs due to their beneficial properties, such as chemical compatibility with other materials, good mechanical properties, heat resistance, electrical insulation and easy processing. Thermal conductivity can be defined as the ability of a given material to conduct/transfer heat, the reciprocal of which is called thermal resistivity. The transfer of heat takes place at a lower rate in materials having low thermal conductivity, compared to materials that have high thermal conductivity. Unfilled plastics and polymers are already being used in various areas as replacements for metals and other similar materials because of their advantageous properties. However, due to their limitations in terms of thermal conductivity, wi