The Global Thermal Conductive Gel Market was valued at USD 348.2 Million in 2022 and is projected to reach USD 612.7 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period (2023-2029). This growth is driven by increasing demand for thermal management solutions in electronics, the rapid expansion of 5G infrastructure, and the growing adoption of electric vehicles worldwide.

As electronic devices become more powerful and compact, efficient heat dissipation has become critical for performance and reliability. In this blog, we profile the Top 10 Companies in the Thermal Conductive Gel Industry—innovators driving advancements in thermal interface materials for electronics, automotive, and industrial applications.

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🔟 1. Dow Corning

Headquarters: Midland, Michigan, USA
Key Offerings: Silicone-based thermal gels, Thermal Interface Materials (TIMs)

Dow Corning (now part of Dow Inc.) is a pioneer in silicone technology and offers high-performance thermal conductive gels for demanding applications. Their products are widely used in automotive electronics, power devices, and LED lighting systems.

Key Innovations:

• High thermal conductivity formulations (up to 8 W/mK)
• Excellent stability under thermal cycling conditions
• Specialized products for EV battery thermal management

Download FREE Sample Report: Thermal Conductive Gel Market – View in Detailed Research Report

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9️⃣ 2. Henkel Corporation

Headquarters: Düsseldorf, Germany
Key Offerings: Bergquist thermal gels, Two-component systems

Henkel’s Bergquist brand offers advanced thermal interface solutions for high-power electronics. Their gel products combine excellent wetting properties with long-term reliability in harsh environments.

Key Innovations:

• Phase-change thermal interface gels
• Low bleed and high-pressure dispensing capabilities
• Automotive-grade solutions for ADAS applications

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8️⃣ 3. Honeywell International

Headquarters: Charlotte, North Carolina, USA
Key Offerings: Thermally conductive gap fillers, Silicone-free gels

Honeywell offers a range of thermal management solutions including non-silicone gels for sensitive electronics applications. Their products serve aerospace, defense, and telecommunications sectors.

Key Innovations:

• Non-silicone formulations for sensitive applications
• Low outgassing properties for space applications
• Custom formulations for specific client needs

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7️⃣ 4. Laird Performance Materials

Headquarters: London, United Kingdom
Key Offerings: Tflex™ thermally conductive gels, Gap pad alternatives

Laird provides high-performance thermal interface materials with gel-like properties that offer superior thermal transfer while reducing mechanical stress on components.

Key Innovations:

• Gel-based alternatives to traditional gap pads
• Combined thermal-electrical conductivity options
• Underfill solutions for chip-scale packages

Download FREE Sample Report: Thermal Conductive Gel Market – View in Detailed Research Report

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6️⃣ 5. Parker Hannifin (Chomerics Division)

Headquarters: Cleveland, Ohio, USA
Key Offerings: CHO-THERM® gels, Hybrid thermal interface materials

Parker’s Chomerics division provides versatile thermal gels that bridge the gap between thermal greases and pads, offering easier application than pastes with better performance than pads.

Key Innovations:

• Electrically insulating thermal gels
• UL 94 V-0 rated flame retardant formulations
• Low mechanical stress solutions for fragile components

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5️⃣ 6. Shanghai Allied Industrial Co., Ltd.

Headquarters: Shanghai, China
Key Offerings: Custom thermal gels, Localized supply solutions

As a leading Chinese manufacturer, Shanghai Allied provides cost-effective thermal gel solutions with quick turnaround times, mainly serving the Asian electronics manufacturing market.

Key Innovations:

• Localized supply chain advantages
• Custom formulations for consumer electronics
• Small batch production capabilities

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4️⃣ 7. Sekisui Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offerings: Two-component curing gels, High-performance TIMs

Japanese chemical company Sekisui offers precision thermal gels that combine the application benefits of gels with the performance of cured thermal interface materials.

Key Innovations:

• Thermally curing gel systems
• Ultra-low thermal resistance formulations
• High elongation products for flexible electronics

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3️⃣ 8. Shenzhen FRD Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offerings: 5G thermal solutions, Battery thermal management gels

FRD specializes in thermal solutions for high-growth segments including 5G base stations, electric vehicle batteries, and high-power computing applications.

Key Innovations:

• Dielectric gels for power electronics
• High thermal conductivity silicone gels (up to 6.0 W/mK)
• Automated dispensing solutions

Download FREE Sample Report: Thermal Conductive Gel Market – View in Detailed Research Report

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2️⃣ 9. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offerings: Vertak™ thermal interface materials, Silicone alternatives

DuPont offers a broad portfolio of thermal management materials, including specialty gels designed for reliability in demanding environments and sensitive applications.

Key Innovations:

• Thermally conductive electrically isolating gels
• Non-silicone formulations for sensitive optics
• High temperature stable materials

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1️⃣ 10. Shenzhen Tglobal Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offerings: Cost-effective thermal gels, Consumer electronics TIMs

Tglobal specializes in thermal interface solutions for medium-power applications where cost-performance balance is critical, particularly in consumer electronics and LED lighting.

Key Innovations:

• Mass production optimization
• Fast-curing formulations for high-throughput assembly
• Miniaturization-friendly low bleed materials

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🔥 Outlook: The Future of Thermal Conductive Gels

The thermal conductive gel market is evolving rapidly to meet the demands of next-generation electronics, with increasing focus on:

📈 Key Market Trends:

• Higher thermal conductivity requirements (6-10 W/mK range)
• Growing adoption in electric vehicle power electronics
• Development of non-silicone alternatives for sensitive applications
• Integration with automated manufacturing processes
• Expansion of 5G infrastructure driving demand for base station thermal solutions

Get Full Report Here: Thermal Conductive Gel Market – View in Detailed Research Report

The companies profiled are at the forefront of developing thermal management solutions that enable more powerful, efficient, and reliable electronic systems across industries.

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