What is the future of Graphitic Thermal Paper Market? Know Covid Impact on Size, Share & Forecasts

What is the future of Graphitic Thermal Paper Market? Know Covid Impact on Size, Share & Forecasts

July 27, 2020

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Graphitic Thermal Paper Market.

It was estimated prior to this unanticipated outbreak that the Graphitic Thermal Paper Market is to reach US$ 1.3 billion by 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

 

For a more detailed breakdown of the COVID-19 impact on the Graphitic Thermal Paper Market, request a free sample of the report here:

https://www.stratviewresearch.com/Request-Sample/816/graphitic-thermal-paper-market.html

 

Over the last fifteen years, most of the electronic devices have gradually become thinner and lighter. Large screen TV, cell phones, laptops, and tablets, have all been reduced in size and weight, while performance requirement has increased. This has resulted in an increased device operating temperature. Thermal graphite sheet protects these devices from heat through quick thermal diffusion. Now, these graphitic thermal papers are being used in batteries to power electric vehicles (EVs).

Increasing sales of smartphones supported by the rising trend of smartphone replacement and increasing functions, miniaturization of electronic devices, and increasing production of electric vehicles are the factors that are burgeoning the demand for graphitic thermal papers. On an average, smartphone users are changing the device within two years of use.

 

Click here for description of the report:

https://www.stratviewresearch.com/816/graphitic-thermal-paper-market.html

 

The graphitic thermal paper market is segmented based on the product type as natural graphite sheet, synthetic graphite sheet, and others. Synthetic graphite sheet is likely to remain the largest segment of the market during the forecast period as it offers better thermal conductivity, freedom of design, and is lightweight as compared to other sheets.

Based on the end-use industry type, the market is classified as phone, laptop & PC, LED lighting, automotive electronics, and others. Phone is likely to remain the most dominant segment, whereas automotive electronics are likely to be the fastest-growing segment of the market during the forecast period. As phones are becoming smaller yet more powerful with every generation, the need for graphitic thermal paper for heat dissipation in these devices is growing tremendously.

In terms of regions, Asia-Pacific is projected to remain the largest as well as the fastest-growing region during the forecast period. China is the growth engine of the Asia-Pacific’s graphitic thermal paper market. A significant increase in the demand for phones, laptops & PC, LED lights, and automotive electronics in the region is boosting the demand during the forecast period. North America and Europe, the other major markets, are estimated to generate sizeable growth opportunities over the next five years.

 

Key Players:

The supply chain of this market comprises raw material suppliers, graphitic thermal paper manufacturers, and end-use industries. Key players in the market are Panasonic Corporation, Kaneka Corporation, Tanyuan Technology Development Co., Ltd., Jiangxi Dasen Technology Co., Ltd., and Toyo Tanso Co, Ltd.  Execution of mergers & acquisitions and formation of collaborations with OEMs for the joint development of graphitic thermal papers are some of the strategies adopted by the major players to gain a competitive edge in the market.

Author : Emily

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