Asia Pacific Thermally Conductive Plastics Market Size & Outlook
The thermally conductive plastics market in Asia Pacific is expected to reach a projected revenue of US$ 126.8 million by 2030. A compound annual growth rate of 12.9% is expected of Asia Pacific thermally conductive plastics market from 2024 to 2030.
Revenue, 2023 (US$M)
$54.1
Forecast, 2030 (US$M)
$126.8
CAGR, 2024 - 2030
12.9%
Report Coverage
Asia Pacific
Asia Pacific thermally conductive plastics market highlights
- The Asia Pacific thermally conductive plastics market generated a revenue of USD 54.1 million in 2023.
- The market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, polyamide was the largest revenue generating type in 2023.
- Polyamide is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 54.1 million |
| Market revenue in 2030 | USD 126.8 million |
| Growth rate | 12.9% (CAGR from 2024 to 2030) |
| Largest segment | Polyamide |
| Fastest growing segment | Polyamide |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyamide |
| Key market players worldwide | Celanese Corp Class A, DSM, SABIC, Basf SE ADR, DuPont de Nemours Inc, Lanxess AG, Ensinger, Toray Industries Inc, Kaneka Corp, RTP Company, Mitsubishi Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.7% of the global thermally conductive plastics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 126.8 million by 2030.
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Thermally Conductive Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ensinger | View profile | 1001-5000 | Washington, Pangasinan, Philippines, Asia | http://ensinger-ind.com |
| RTP Company | View profile | 1001-5000 | Winona, Minnesota, United States, North America | http://rtpcompany.com |
| Basf SE ADR | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Kaneka Corp | View profile | 13284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | http://www.kaneka.co.jp |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.com |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Mitsubishi Corp | View profile | 105267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | https://www.mitsubishicorp.com |
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