High Thermal Conductivity Graphite Material Market to Record an Exponential CAGR by 2025
Heat
can be transmitted by convection, radiation, and conduction. Graphite
can be bifurcated into natural graphite and synthetic graphite.
Natural graphite can further be classified into flake graphite, vein
graphite, and microcrystalline (cryptocrystalline) graphite. Whereas,
synthetic graphite can be further divided into primary synthetic
graphite, secondary synthetic graphite, and graphite fibers. Thermal
pyrolytic graphite is a unique synthetic graphite material produced
through chemical vapor deposition (CVD) process, consists of
excellent in-plane thermal conductivity (less than 1500 W/mK), and
layers of stacked graphene planes.
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Various
properties of graphite in different industry applications such as
transport, defense, and medicine. These properties of graphite can
likely to drive the high thermal conductivity graphite material
market. High thermal resistance, low friction and self-lubrication,
high electrical conductivity, high thermal conductivity, low
wettability by liquid metals, and high resistance. These properties
of graphite are driving the high thermal conductive graphite material
market. Some of the other exclusive groupings of graphite properties
are thermal conductivity and thermal resistance, low wettability by
liquid metals, and self-lubrication.
The
crystalline structure of graphite contains hexagonal rings form thin
parallel plates called graphenes. Graphene is an excellent conductor
of heat and can be used as heat spreaders, graphene-based
nano-composites, thermal interface materials (TIM), thermal greases,
and others. Thermal greases are thin films between heat source such
as a heat sink and microprocessor. Graphite material has higher
thermal conductivity as compared to the thermal conductivity of
copper. High thermal conductivity graphite material is split into
various applications, which include thermal cores in printed circuit
board, finned heat sinks, light emitting diode, heat spreaders in
electronic packaging, thermal management solutions, substrates and
laser diode mounts, and avionics thermal cores. The thermal
conductivity graphite material can be measured in the range 3000 W/mK
to 5000 W/mK at room temperature.
The
high thermal conductivity graphite material market can be segmented
based on end-use application and region. In terms of end-use
application, the market can be divided into electronics, aerospace,
and others. Electronics are further sub-segmented into PPC (panel
personal computer), PC, LED Light, and smartphone. The high thermal
conductivity graphite material has the ability to disperse heat and
enhance electronic functions. Nano electronics and microelectronics
market can likely to hinder the high thermal conductivity material
market for electronic application. However, graphene materials with
excellent thermal conductivity hold a huge potential for electronic
application.
Thermal
properties of graphene are used to improve thermal management and
loop heat pipes in aerospace and satellite application. Graphite
material for high thermal conductivity can also be used in propulsion
in space, due to its strong interface with light. However, the
thermal management system is a serious problem in microelectronics
industry now a days. Although, innovative materials with high thermal
conductivity, size decreases and power increases, very low
coefficient of thermal expansion, and lightweight are anticipated to
solve these thermal management system challenges.
Based
on geography, the high thermal conductivity market can be segmented
into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. North America held a considerable share of the
high thermal conductivity graphite material market in 2017. Asia
Pacific is one of the key region for high thermal conductivity
graphite material market and is expected to expand in coming future.
Whereas, the market in Latin America and Middle East & Africa is
anticipated to expand at a steady pace during the forecast period.
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Key
players operating in the global high thermal conductivity graphite
material market include GrafTech, Panasonic, Kaneka, JONES, Tanyuan
Tech, Selen Science & Technology, and Zhongyi Garbon Technology.
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