The Global Thermally Conductive Battery Adhesive for Hybrid Vehicles Market was valued at USD 1.56 Billion in 2024 and is projected to reach USD 3.24 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period (2024–2030). This robust growth trajectory is being propelled by the rapid global transition to electric mobility, increasing demand for thermal management solutions in high-performance battery packs, and stringent safety regulations mandating superior thermal conduction properties in automotive applications.

As the hybrid and electric vehicle industry accelerates toward higher energy densities and faster charging capabilities, advanced adhesives that provide both structural integrity and superior thermal conductivity have become mission-critical components. In this comprehensive analysis, we profile the Top 10 Companies in the Thermally Conductive Battery Adhesive Market—a dynamic mix of specialty chemical giants, materials science innovators, and thermal management pioneers shaping the future of EV battery technology.

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Loctite AA 3963, Loctite EA 9400, low-residue structural adhesives

Henkel stands as the undisputed global leader in thermally conductive adhesives for EV batteries, offering comprehensive solutions for thermal interface materials, structural bonding, and cell fixation. Their advanced product portfolio serves major automotive OEMs including Tesla, Volkswagen, and BMW, providing critical thermal management solutions for next-generation battery systems.

Innovation Initiatives:

• Development of next-generation epoxy and silicone-based adhesive systems

• Strategic partnerships with leading battery manufacturers including CATL and LG Chem

• Target of achieving carbon-neutral production by 2030

Download FREE Sample Report: Thermally Conductive Battery Adhesive for Hybrid Vehicles Market – View in Detailed Research Report

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9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: DOWSIL TC-3065, silicone-based gap fillers, thermally conductive sealants

Dow’s advanced materials division delivers cutting-edge silicone-based thermal interface materials specifically engineered for EV battery applications, offering superior thermal conductivity while maintaining excellent dielectric properties.

Innovation Initiatives:

• High-performance thermal conductivity up to 5.0 W/m·K

• Rapid curing systems for high-volume automotive production lines

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8️⃣ 3. 3M Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: 3M Thermally Conductive Adhesive TCA, Scotch-Weld structural adhesives

3M’s automotive materials group provides advanced adhesive solutions that combine thermal management with fire retardancy, serving the majority of global automotive manufacturers with advanced thermal interface materials.

Innovation Initiatives:

• Pioneering boron nitride-enhanced adhesive technologies

• Global distribution network supporting automotive supply chains across 70+ countries

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7️⃣ 4. Wacker Chemie AG

Headquarters: Munich, Germany
Key Offering: ELASTOSIL, thermal gap fillers, electrically insulating adhesives

Wacker Chemie specializes in silicone-based thermally conductive adhesive systems that maintain performance across extreme temperature ranges (-50°C to 200°C), critical for EV battery performance in diverse climates.

Innovation Initiatives:

• Development of two-component silicone systems for automated dispensing

• Strategic focus on sustainable silicone chemistry and recycling compatibility

Download FREE Sample Report: Thermally Conductive Battery Adhesive for Hybrid Vehicles Market – View in Detailed Research Report

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6️⃣ 5. H.B. Fuller Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: High-flex epoxy adhesives, ceramic-filled thermal compounds

H.B. Fuller’s automotive adhesives division offers engineered solutions for battery module assembly, providing thermal conductivity while ensuring long-term durability under mechanical stress.

Innovation Initiatives:

• Advanced ceramic particle technology for enhanced thermal performance

• Global technical service network supporting automotive manufacturing facilities

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5️⃣ 6. Parker Hannifin Corporation (Lord Corporation)

Headquarters: Cleveland, Ohio, USA
Key Offering: Lord 3100 series, high-performance epoxy systems, thermal interface pads

Following its acquisition of Lord Corporation, Parker Hannifin has strengthened its position in advanced adhesive technologies for electric vehicle applications.

Innovation Initiatives:

• Specialized formulations for battery cell-to-cell bonding and module integration

• Thermal conductivity ratings from 1.5 to 3.0 W/m·K

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4️⃣ 7. DELO Industrie Klebstoffe

Headquarters: Windach, Germany
Key Offering: DELO-DUOPOX series, fast-curing structural adhesives

DELO specializes in high-performance industrial adhesives with advanced thermal management properties, serving premium automotive segments with high-reliability solutions.

Innovation Initiatives:

• UV-curable thermally conductive adhesives for automated production

• Precision dispensing systems optimized for battery manufacturing processes

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3️⃣ 8. Panacol-Elosol GmbH

Headquarters: Steinbach am Taunus, Germany
Key Offering: Vitralit series, thermally conductive UV adhesives, structural bonding solutions

Panacol-Elosol provides specialized UV-curable adhesive systems that combine rapid processing with excellent thermal conductivity performance.

Innovation Initiatives:

• Development of halogen-free adhesive systems meeting automotive safety standards

• Strong focus on thermal cycling resistance and long-term aging performance

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2️⃣ 9. Sekisui Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: High-thermal conductivity epoxies, structural adhesives for battery packs

Sekisui Chemical’s automotive materials division offers advanced thermal management solutions specifically designed for lithium-ion battery systems in hybrid vehicles.

Innovation Initiatives:

• Advanced filler technology for optimized thermal pathway creation

• Strategic partnerships with Japanese automotive manufacturers including Toyota and Honda

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1️⃣ 10. MG Chemicals

Headquarters: Surrey, British Columbia, Canada
Key Offering: Thermally conductive epoxy compounds, silicone-based gap fillers

MG Chemicals provides cost-effective thermally conductive adhesive solutions for volume automotive production, serving mid-market EV manufacturers with reliable thermal interface materials.

Innovation Initiatives:

• Comprehensive range of thermal interface materials supporting various battery architectures

• Strong presence in North American automotive supply chains with UL-certified products

Get Full Report Here: Thermally Conductive Battery Adhesive for Hybrid Vehicles Market – View in Detailed Research Report

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🔋 Outlook: The Future of EV Battery Adhesives Is Smarter and More Efficient

The thermally conductive battery adhesive market is undergoing a seismic transformation as electric vehicle production scales globally. While structural adhesives currently dominate application volumes, the industry is rapidly innovating toward multifunctional solutions that combine thermal management, electrical insulation, and mechanical strength.

📈 Key Trends Shaping the Market:

• R&D focus on nano-engineered fillers for enhanced thermal conductivity

• Regulatory requirements for thermal runaway protection and battery safety

• Integration of digital twin technology for adhesive performance optimization

• Automotive OEM-adhesive manufacturer collaborations for customized solutions

Get Full Report Here: Thermally Conductive Battery Adhesive for Hybrid Vehicles Market – View in Detailed Research Report

The companies profiled above are not only enabling electric mobility—they’re pioneering the next generation of smart thermal management systems that will define the performance and safety standards for next-generation hybrid and electric vehicles.