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Thermally Conductive Polymers Market, By Product Type, By Filler Type, By End-use Industry, and By Geography

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    • PolyOne Corporation
    • Celanese Corporation
    • SABIC
    • Covestro AG
    • Royal DSM
    • Mitsubishi Engineering-Plastics Corporation
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LSH 25.07.21

Thermally Conductive Polymers Market is estimated to be valued at USD 198.2 Mn in 2025 and is expected to reach USD 469.2 Mn by 2032, growing at a compound annual growth rate (CAGR) of 13.1% from 2025 to 2032.

Report Coverage Report Details
Base Year: 2024 Market Size in 2025: USD 198.2 Mn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 13.10% 2032 Value Projection: USD 469.2 Mn

Thermally conductive polymers are used as an alternative for metals and ceramics in heat-sensitive applications. They find application in various end-use industries such as electronics, automotive, aerospace & defense, and medicine. Key players in the market are adopting different business strategies such as mergers and acquisitions to expand their global footprint. For instance, in January 2019, Celanese Corporation, a chemical and specialty materials company, announced that it has completed the acquisition of Next Polymers Ltd., one of India's largest engineering thermoplastics (ETP) compounders. This acquisition is expected to complement Celanese Corporation's rapidly growing Indian business of ETP.

Market Dynamics

Among the end-use industry, electrical & electronics segment is expected to witness significant growth in the market over the forecast period. The growing consumer electronics industry, new product launches, and the introduction of cutting-edge technologies is driving growth of the segment in the thermally conductive polymers market. For instance, according to the Consumer Technology Association (CTA), consumer electronics market in the U.S. reached around US$ 377 billion in 2018, with a 6% increase compared to 2017.

North America held a significant market share of 43.8% in 2022 due to the increasing need for heat dissipation in various end-use industries such as electrical & electronics, aerospace & defense, and automotive. Moreover, increasing demand for high-performance and lightweight products is driving the growth of the market for thermally conductive polymers in the region.

Key features of the study:

  • This report provides in-depth analysis of thermally conductive polymers market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global thermally conductive polymers market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include RTP Company, PolyOne Corporation, Celanese Corporation, SABIC, Covestro AG, Royal DSM, Mitsubishi Engineering-Plastics Corporation, HELLA GmbH & Co., and Torray Industries, Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global thermally conductive polymers market report caters to various stakeholders in this industry including investors, suppliers, internal olefins manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the thermally conductive polymers market

Detailed Segmentation:

  • Global Thermally Conductive Polymers Market, By Product Type:
    • Polyphenylene Sulfide (PPS)
    • Polybutylene Terephthalate (PBT)
    • Polyamide (PA)
    • Polycarbonate (PC)
    • Polyethylenimine (PEI)
    • Polysulfone (PSU)
    • Polyether Ether Ketone (PEEK)
    • Polyolefin
    • Epoxy
    • Silicone
    • Polyurethane
    • Others
  • Global Thermally Conductive Polymers Market, By Filler Type:
    • Ceramics
    • Carbon-based
    • Others
  • Global Thermally Conductive Polymers Market, By End-use Industry:
    • Electrical & Electronics
    • Aerospace & Defense
    • Automotive
    • Industrial
    • Healthcare
  • Global Thermally Conductive Polymers Market, By Region:
    • North America
    • U.S.
    • Canada
    • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Rest of Europe
    • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
    • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
    • Middle East
    • GCC
    • Israel
    • Rest of Middle East
    • Africa
    • Northern Africa
    • Central Africa
    • South Africa
  • Company Profiles
    • RTP Company
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
    • PolyOne Corporation
    • Celanese Corporation
    • SABIC
    • Covestro AG
    • Royal DSM
    • Mitsubishi Engineering-Plastics Corporation
    • Hella GmbH & Co.
    • Torray Industries, Inc.

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Filler Type
    • Market Snippet, By End-use Industry
    • Market Snippet, By Region
  • Coherent Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
      • Supply Side Drivers
      • Demand Side Drivers
      • Economic Drivers
    • Restraints
    • Market Opportunities
    • Key Market Trends
    • Value Chain Analysis
    • Mergers and Acquisitions

4. Global Thermally Conductive Polymers Market, By Product Type, 2020 - 2032 (US$ Mn & KT)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021 - 2032
    • Segment Trends
  • Polyphenylene Sulfide (PPS)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polybutylene Terephthalate (PBT)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polyamide (PA)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polycarbonate (PC)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polyethylenimine (PEI)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polysulfone (PSU)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polyether Ether Ketone (PEEK)
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polyolefin
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Epoxy
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Silicone
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Polyurethane
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)

5. Global Thermally Conductive Polymers Market, By Filler Type, 2020 - 2032 (US$ Mn & KT)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021 - 2032
    • Segment Trends
  • Ceramics
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Carbon-based
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)

6. Global Thermally Conductive Polymers Market, By End-use Industry, 2020 - 2032 (US$ Mn & KT)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021 - 2032
    • Segment Trends
  • Electrical & Electronics
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Aerospace & Defense
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Automotive
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Industrial
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)
  • Healthcare
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Mn & KT)

7. Global Thermally Conductive Polymers Market, By Region, 2020 - 2032 (US$ Mn & KT)

  • Introduction
    • Market Share Analysis, By Region, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, For Regions, 2021 - 2032
  • North America
    • Market Share Analysis, By Country, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, By Country, 2020 - 2032
      • U.S.
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Canada
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
  • Europe
    • Market Share Analysis, By Country, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, By Country, 2020 - 2032
      • U.K.
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Germany
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Italy
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • France
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Russia
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Rest of Europe
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
  • Asia Pacific
    • Market Share Analysis, By Country, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, By Country, 2020 - 2032
      • China
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • India
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Japan
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • ASEAN
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Australia
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • South Korea
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Rest of Asia Pacific
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
  • Latin America
    • Market Share Analysis, By Country, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, By Country, 2020 - 2032
      • Brazil
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Mexico
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Rest of Latin America
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Middle East
        • Market Share Analysis, By Country, 2025 and 2032 (%)
        • Y-o-Y Growth Analysis, By Country, 2020 - 2032
          • GCC
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Israel
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Rest of Middle East
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
  • Africa
    • Market Share Analysis, By Country, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, By Country, 2020 - 2032
      • North Africa
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • Central Africa
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)
      • South Africa
        • Country Trends
        • Market Size and Forecast, By Product Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By Filler Type, 2020 - 2032 (US$ Mn & KT)
        • Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Mn & KT)

8. Competitive Landscape

  • Heat Map Analysis
  • Market Share Analysis (3x3 Matrix)
  • Company Profiles
    • RTP Company
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • PolyOne Corporation
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Celanese Corporation
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • SABIC
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Covestro AG
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Royal DSM
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Mitsubishi Engineering-Plastics Corporation
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • HELLA GmbH & Co.
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • Torray Industries, Inc.
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans

9. Section

  • References
  • Research Methodology
  • About us and Sales Contact
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