Thermal conduction is a transfer of
heat from one body to another, through contact. Heat is transmitted through radiation, conduction and convection. Graphite can
be segmented into natural graphite and synthetic graphite. Natural graphite is
further sub-segmented into vein graphite, flake graphite, and micro crystalline
(cryptocrystalline) graphite. Whereas, synthetic graphite is further
sub-segmented into primary synthetic graphite, secondary synthetic graphite,
and graphite fibers. The key properties are included low friction & self-lubrication,
high thermal resistance, high electrical conductivity, low wettability by
liquid metals, high thermal conductivity, low wettability by liquid metals,
thermal conductivity & thermal resistance, and self-lubrication and high
resistance. These properties are driving the high thermal conductive graphite
material market.
According
to study, “Global High
Thermal Conductivity Graphite Materials Market Status (2015-2019) and Forecast
(2020-2024) by Region, Product Type & End-Use” the key companies operating in the global high thermal
conductivity graphite materials market are Panasonic, Tanyuan Tech, GrafTech,
Zhongyi Garbon Technology, Kaneka, Selen Science & Technology, JONES. The
development of advanced additives directing higher performance, the formation
of mergers & acquisitions (M&A), and collaborations with original
equipment manufacturers (OEMs) for the joint development of thermally
conductive materials are some of the strategies adopted by the key players in
order to gain a competitive edge in the market.
Based
on measured range, high thermal
conductivity graphite materials market is segmented into 300-1900W/ (mK),
5-20W/ (mK) and others. Based on application, market is segmented into thermal
cores in printed circuit board, light emitting diode, finned heat sinks, heat
spreaders in electronic packaging, substrates & laser diode mounts, thermal
management solutions, and avionics thermal cores. In addition, based on
end-user, market is segmented into aerospace, electronics, automotive, consumer
goods and others. Electronics industry includes PPC (panel personal computer),
LED (Light Emitting Diode) Light, PC, and smartphone.
The
high thermal conductivity graphite materials market is driven by growth in
demand from electronics industry, followed by rise in demand for miniaturization
of electronic components/systems, low cost with desired performance, rapid growth
in the production of electric vehicles, increase in use in aerospace industry
and rise in use in propulsion in space owing to its strong interface with
light. However, macro-electronics and nano-electronics market may impact the
market. Moreover, increase in advancement in technologies is a key opportunity
for market.
Based
on geography, the North-American region dominates the high thermal conductivity graphite materials market owing to growth
in shift of the electrical & electronics industry from the developed
markets and presence of key manufacturers in the region. Whereas, the
Asian-Pacific and European regions are likely to exhibit substantial growth
rate due to rise in demand for LED lights and growth in urbanization &
increase in awareness among people about the products over the forecast period.
In upcoming years, it is predicted that future of the market will be bright on
account of rise in demand for smart electronics and increase in demand for
electrical vehicles during the forecast period.
For More Information on the research report, refer to below links:-
Global
High Thermal Conductivity Graphite Materials Market
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