The Global Thermal Conductive Adhesives for Electric Vehicles Market was valued at USD 951.8 million in 2023 and is projected to reach USD 3873.4 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period (2024-2030). This expansion is driven by accelerating EV adoption, stricter thermal management requirements for lithium-ion batteries, and technological advancements in adhesive formulations.

As electric vehicle manufacturers push for higher energy density batteries and faster charging capabilities, demand grows for advanced thermal interface materials that can efficiently dissipate heat. In this blog, we profile the Top 10 Companies in the Thermal Conductive Adhesives for EV Industry—key material scientists and adhesive specialists enabling next-generation electric mobility thermal solutions.

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Loctite TCB, Bergquist TIM

Henkel leads the EV thermal adhesives market with its Loctite and Bergquist brand solutions. The company provides high-performance thermal interface materials for battery packs, power electronics, and electric motors, featuring thermal conductivities up to 12 W/mK.

Technical Advantages:

• Phase-change materials for optimal thermal coupling
• Electrically insulating options for high-voltage applications
• Automation-compatible dispensing solutions

Download FREE Sample Report:
Thermal Conductive Adhesives for Electric Vehicles Market – View in Detailed Research Report

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9️⃣ 2. H.B. Fuller

Headquarters: St. Paul, Minnesota, USA
Key Offering: Epoxy and silicone thermal adhesives

H.B. Fuller supplies thermal management adhesives tailored for EV battery assembly, offering solutions with thermal conductivities ranging from 1-5 W/mK. Their products enable direct bonding of battery cells to cooling plates while providing electrical isolation.

Technical Advantages:

• Low thermal resistance formulations
• High-temperature stability (up to 200°C)

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8️⃣ 3. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: DOWSIL thermal interface materials

Dow’s silicone-based thermal adhesives provide reliable thermal pathways in EV battery modules and power electronics. Their two-part systems combine high thermal conductivity with mechanical shock absorption capabilities.

Technical Advantages:

• Thermal conductivity options up to 4 W/mK
• Excellent dielectric strength

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7️⃣ 4. 3M Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: Scotch-Weld structural adhesives

3M offers thermally conductive structural adhesives that bond battery components while managing heat transfer. Their acrylic and epoxy systems are designed for automated application in high-volume EV production.

Technical Advantages:

• Fast curing formulations for manufacturing efficiency
• Combined structural bonding and thermal management

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6️⃣ 5. Sika AG

Headquarters: Baar, Switzerland
Key Offering: Sikabond thermal adhesives

Sika provides thermally conductive adhesives for EV battery pack assembly and thermal management systems. Their products offer strong adhesion to diverse substrates while maintaining thermal performance under vibration and thermal cycling.

Technical Advantages:

• Low outgassing for sensitive electronics
• UL94 V-0 flame retardant options

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5️⃣ 6. Parker Hannifin

Headquarters: Cleveland, Ohio, USA
Key Offering: Chomerics thermal interface materials

Parker Hannifin’s thermal management solutions for EVs include gap fillers, adhesive tapes, and phase change materials. Their products are widely used in battery cooling systems and power electronics thermal interfaces.

Technical Advantages:

• Thermal conductivities up to 15 W/mK
• Compliant materials for stress relief

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4️⃣ 7. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Araldite thermal adhesives

Huntsman provides epoxy-based thermal conductive adhesives formulated specifically for electric vehicle applications. Their materials maintain thermal performance across the wide temperature ranges experienced in EV battery systems.

Technical Advantages:

• High thermal stability (-40°C to 200°C)
• Excellent chemical resistance

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3️⃣ 8. Wacker Chemie AG

Headquarters: Munich, Germany
Key Offering: Silicone thermal adhesives

Wacker’s silicone-based thermal interface materials provide reliable performance in EV battery modules, offering both thermal conductivity and electrical insulation in demanding automotive environments.

Technical Advantages:

• Excellent weatherability and UV resistance
• High elongation for vibration damping

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2️⃣ 9. LORD Corporation

Headquarters: Cary, North Carolina, USA
Key Offering: LORD thermal conductive adhesives

LORD develops innovative adhesive solutions for EV thermal management systems, with formulations that combine thermal conductivity with structural bonding capabilities for battery pack assembly.

Technical Advantages:

• Meets automotive OEM specifications
• High adhesion to metals and composites

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1️⃣ 10. Momentive Performance Materials

Headquarters: Waterford, New York, USA
Key Offering: Silicone thermal compounds

Momentive provides high-performance silicone thermal interface materials tailored for EV applications, including battery thermal management and power electronics cooling solutions.

Technical Advantages:

• Low thermal resistance interfaces
• Long-term durability under thermal cycling

Get Full Report Here:
Thermal Conductive Adhesives for Electric Vehicles Market – View in Detailed Research Report

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🔋 Outlook: The Future of EV Thermal Management Adhesives

The thermal conductive adhesives market is undergoing rapid evolution to meet the changing demands of electric vehicle design. As battery energy densities increase and charging speeds accelerate, next-generation thermal interface materials are becoming critical for vehicle performance and safety.

⚡ Key Trends Shaping the Market:

• Development of ultra-high thermal conductivity materials (10+ W/mK)
• Integration of thermal and structural bonding functions
• Formulations optimized for fast-cure automated production
• Enhanced materials for 800V battery systems

Get Full Report Here:
Thermal Conductive Adhesives for Electric Vehicles Market – View in Detailed Research Report

The companies listed above are not only providing essential thermal solutions—they’re developing the next generation of materials that will enable safer, more efficient electric vehicles worldwide.