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Global thermally conductive plastics market trends illuminated by new report

Ease of customization and design flexibility is one the major driver for the growth of these plastics, as Thermally Conductive Plastics (TCPs) are comparatively lighter than other alternative materials such as metals and ceramics.

The Global Thermally Conductive Plastics Market Make an Inquiry about this news accounted for USD 135.4 million in 2016 and is projected to grow at a CAGR of 13.5% during the forecast period of 2017 to 2024.

More Over, TCPs are easy-to-handle, customize, and mold, and have higher scratch resistance, thermal stability, impact strength, and resistance to abrasions.

In addition to this, the development of smart electronics, and technological advancements in the automotive industry are also some of the major factors expected to drive the market.