The Global Thermal Tape Market was valued at USD 1.02 Billion in 2024 and is projected to reach USD 1.52 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust growth is fueled by the escalating demand for efficient heat management in consumer electronics, the rapid expansion of the electric vehicle (EV) sector, and the increasing complexity of electronic devices requiring advanced thermal interface materials (TIMs).

As electronic components become more powerful and compact, effective heat dissipation is critical for performance and longevity. Thermal tape provides a vital solution, serving as both an adhesive and a thermal conductor. In this blog, we profile the Top 10 Companies in the Thermal Tape Industry—a group of material science innovators and manufacturing leaders shaping the future of thermal management.

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🔟 1. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: 3M™ Thermally Conductive Adhesive Tapes, Acrylic and Silicone-based Tapes

3M is a global powerhouse in adhesive technologies and a dominant player in the thermal tape market. Its diverse portfolio includes high-performance tapes designed for bonding heat sinks, shielding, and grounding in a wide range of electronic applications. 3M’s tapes are renowned for their reliability, consistent performance, and ability to meet stringent industry standards.

Innovation & Market Focus:

• Development of tapes with high thermal conductivity and excellent dielectric strength.

• Strong focus on applications in 5G infrastructure, automotive electronics, and portable devices.

• Continuous R&D to improve bond strength and thermal performance under extreme conditions.

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9️⃣ 2. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: LOCTITE® Tapes, Bergquist Brand Gap Pad® TCO Tapes

Following its acquisition of Bergquist, Henkel has significantly strengthened its position in thermal management solutions. The company offers a comprehensive range of thermal tapes under its LOCTITE and Bergquist brands, catering to demanding applications in computing, telecommunications, and automotive electronics.

Innovation & Market Focus:

• Specializes in phase-change materials and thermally conductive adhesive tapes.

• Provides solutions for bonding LEDs, power semiconductors, and battery packs.

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8️⃣ 3. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: DuPont™ Pyrolytic Graphite Sheets, Thermal Bonding Tapes

DuPont leverages its advanced material science expertise to produce high-end thermal management solutions. Its products often incorporate innovative materials like pyrolytic graphite, which offers superior in-plane thermal conductivity, making it ideal for dissipating heat from compact, high-power components in smartphones and servers.

Innovation & Market Focus:

• Pioneering the use of graphite-based materials for ultra-thin, high-performance thermal management.

• Focus on next-generation electronics, including foldable displays and advanced computing.

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7️⃣ 4. Furukawa Electric Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: PGS (Pyrolytic Graphite Sheet) Tapes, SoftHeet™ Thermal Tapes

Furukawa Electric is a Japanese leader in advanced materials, particularly known for its PGS technology. The company’s thermal tapes are critical components in cooling high-density electronic devices, and it holds a significant market share, especially in the Asian electronics manufacturing sector.

Innovation & Market Focus:

• World-leading producer of PGS, a key material for high-heat-flux applications.

• Strong presence in the supply chain for major smartphone and laptop manufacturers.

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Thermal Tape Market – View in Detailed Research Report

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6️⃣ 5. tesa SE

Headquarters: Norderstedt, Germany
Key Offering: tesa® thermally conductive adhesive tapes, double-sided tapes for electronics

tesa SE, a leading manufacturer of adhesive tapes, offers a specialized portfolio for thermal management. Its products are designed for applications requiring a clean, residue-free bond and effective heat dissipation, serving industries from consumer electronics to automotive assembly.

Innovation & Market Focus:

• Development of easy-to-apply, high-tack tapes for automated assembly processes.

• Customizable solutions for specific customer requirements in thermal bonding.

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5️⃣ 6. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: Norton® and SGT (Saint-Gobain Tape) branded Thermal Tapes

Saint-Gobain’s expertise in high-performance materials extends to sophisticated thermal management products. The company provides thermally conductive tapes that are used in demanding environments, including aerospace, defense, and industrial electronics, where durability and performance are paramount.

Innovation & Market Focus:

• Focus on ceramic-filled and silicone-based tapes for high-temperature stability.

• Serving niche markets with stringent reliability and safety standards.

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4️⃣ 7. Scapa Industrial

Headquarters: Manchester, United Kingdom
Key Offering: ThermA-Stik® Thermal Tapes, specialty bonding and masking tapes

Scapa Industrial is a key global supplier of bonding solutions, with a strong portfolio in thermal management tapes. Its products are engineered for securing heat sinks, thermally conductive pads, and other components across various electronics and industrial applications.

Innovation & Market Focus:

• Expertise in providing solutions for the HVAC and appliance industries.

• Offers a balance of thermal performance, adhesion, and electrical insulation.

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3️⃣ 8. L & L Products, Inc.

Headquarters: Romeo, Michigan, USA
Key Offering: Thermal Acrylic Tapes, Foam Tapes with Thermal Properties

L & L Products specializes in custom adhesive solutions, including a range of thermal tapes. The company works closely with clients in the automotive and electronics sectors to develop tapes that meet specific thermal conductivity, thickness, and adhesion requirements.

Innovation & Market Focus:

• Strong focus on the North American automotive market for EV battery and electronic module assembly.

• Custom formulation capabilities for unique application challenges.

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2️⃣ 9. Boyd Corporation

Headquarters: Pleasanton, California, USA
Key Offering: Aavid Thermally Conductive Tapes, Silicone and Acrylic Adhesive Systems

Boyd Corporation, through its Aavid Thermal Division, is a comprehensive thermal management solution provider. Its thermal tapes are part of a broader portfolio that includes heat sinks, liquid cooling plates, and gap fillers, offering customers integrated thermal management strategies.

Innovation & Market Focus:

• Provides system-level thermal engineering support alongside material supply.

• Focus on high-power electronics in data centers, medical devices, and telecommunications.

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1️⃣ 10. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Graphinity® Pyrolytic Graphite Films, Conductive Adhesive Tapes

Mitsubishi Chemical is a major global chemical company with a significant stake in the advanced materials market. Its Graphinity® products are high-performance pyrolytic graphite sheets used to create ultra-thin, highly conductive thermal tapes for compact electronic devices like smartphones and tablets.

Innovation & Market Focus:

• Leader in carbon-based thermal management materials.

• Strategic focus on the miniaturization trend in consumer electronics.

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Thermal Tape Market – View in Detailed Research Report

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🔬 Outlook: The Future of Thermal Tape Is Smarter and More Integrated

The thermal tape market is evolving beyond a simple bonding material into a sophisticated thermal interface solution. As power densities increase and device sizes shrink, the demand for tapes with higher thermal conductivity, thinner profiles, and multifunctional properties is accelerating.

📈 Key Trends Shaping the Market:

• Rising adoption of Phase Change Materials (PCMs) in tape formulations for improved interface contact.

• Growing demand from the Electric Vehicle (EV) sector for battery pack assembly and power electronics.

• Development of electrically insulating but thermally conductive tapes for sensitive components.

• Increased integration of thermal tapes in 5G infrastructure and Internet of Things (IoT) devices.

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

The companies listed above are not only supplying essential components—they are enabling the technological advancements that define modern electronics by solving critical thermal challenges.