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The global electronic thermal management materials market size is accounted to grow at a significant CAGR of 9% over the forecast period 2021 to 2027 and valued at over USD 5 billion in 2020. The increasing use of thermal management materials in various end-use industries such as automotive, aerospace, healthcare, consumer electronics, and telecommunication is expected to drive the market growth. Furthermore, the increasing demand for electronics in developing economies is projected to increase the demand for thermal management materials during the forecast period.
The global acetone market size is accounted to grow at a significant CAGR of over 5% during the forecast period 2021 to 2027. The increasing use of acetone in the pharmaceuticals and chemical industry is a primary factor to drive the market growth. Furthermore, the growing use in the production of household and personal care products is another factor to propel the market. The increasing use of acetone in various applications such as electronics, construction, automotive, agriculture, etc. is projected to boost the market over the forecast period. However, the hazardous properties of acetone are expected to restrain the market in the next upcoming years.
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