The global thermally conductive polymers market was valued at US$ 136.9 million in 2022 and is projected to reach US$ 366.4 million by 2030 witnessing a CAGR of 13.1% over the forecast period (2023-2030). This growth is attributed to growing end-use industries such as electrical & electronics, automotive, aerospace & defense, and medical industries. Moreover, increasing demand for compact, smart, inexpensive, and high-performance products is expected to drive the growth of the electronics industry, which in turn is expected to propel the demand for thermally conductive polymers over the forecast period.
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