The Global Thermal Release Tape Market was valued at USD 181 Million in 2024 and is projected to reach USD 307 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period (2025–2032). This growth is being driven by the relentless expansion of the semiconductor and electronics industries, the adoption of advanced packaging technologies, and the increasing demand for high-precision temporary bonding solutions.

As electronics manufacturing evolves toward greater miniaturization and complexity, the critical role of thermal release tapes in ensuring clean, residue-free processing has never been more important. In this blog, we profile the Top 10 Companies in the Thermal Release Tape Industry—a group of material science innovators and manufacturing specialists shaping the future of semiconductor fabrication and electronics assembly.

---

🔟 1. Nitto Denko Corporation

Headquarters: Osaka, Japan
Key Offering: Revalpha™ thermal release tapes, single and double-sided variants

Nitto Denko is the global market leader in thermal release tapes, renowned for its high-performance Revalpha™ series. The company dominates the semiconductor segment, providing essential tapes for wafer dicing, backgrinding, and advanced packaging processes. With state-of-the-art manufacturing facilities across Japan, Malaysia, and China, Nitto Denko maintains a significant technological edge in adhesive formulations.

Innovation Initiatives:

• Development of ultra-thin, high-temperature resistant tapes for 3D IC stacking

• Expansion of production capacity in Malaysia to meet growing global demand

• R&D focus on low-outgassing adhesives for sensitive semiconductor applications

Download FREE Sample Report: Thermal Release Tape Market – View in Detailed Research Report

---

9️⃣ 2. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Thermal release tapes for semiconductor and display manufacturing

Mitsui Chemicals is a major force in the specialty chemicals sector, with a strong portfolio of adhesive solutions for high-tech industries. Their thermal release tapes are critical for processing delicate substrates in LED manufacturing, flexible displays, and MEMS devices. The company leverages its extensive polymer science expertise to develop tapes with precise release temperatures and excellent dimensional stability.

Innovation Initiatives:

• Strategic partnerships with Taiwanese semiconductor foundries for customized solutions

• Investment in bio-based adhesive technologies for sustainable tape production

---

8️⃣ 3. Nitta Corporation

Headquarters: Osaka, Japan
Key Offering: High-performance thermal release tapes, industrial adhesive products

Nitta Corporation has built a reputation for reliability and quality in the thermal release tape market. The company specializes in tapes that offer consistent performance across varying temperature ranges, making them ideal for automated manufacturing environments. Nitta’s products are widely used in automotive electronics, where thermal stability and clean release are paramount.

Innovation Initiatives:

• Development of tapes with extended shelf life and improved aging characteristics

• Focus on custom formulations for specific customer applications

---

7️⃣ 4. Shenzhen KHJ Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Cost-effective thermal release tapes for various electronics applications

Shenzhen KHJ Technology has emerged as a leading Chinese manufacturer of thermal release tapes, competing effectively on price while continuously improving product quality. The company serves the massive domestic electronics manufacturing market while expanding its international footprint. Their product range includes both standard and customized tapes for specific industrial needs.

Innovation Initiatives:

• Rapid scaling of production capacity to meet domestic semiconductor industry growth

• Investment in quality control systems to meet international standards

Download FREE Sample Report: Thermal Release Tape Market – View in Detailed Research Report

---

6️⃣ 5. Dongguan Changfeng New Material Technology Co., Ltd.

Headquarters: Dongguan, China
Key Offering: Specialty adhesive tapes including thermal release variants

Dongguan Changfeng specializes in developing adhesive solutions for challenging manufacturing environments. The company has gained significant market share by offering reliable thermal release tapes at competitive prices. Their products are particularly popular among small and medium-sized electronics manufacturers in the Pearl River Delta region.

Innovation Initiatives:

• Development of eco-friendly tape formulations with reduced environmental impact

• Expansion into high-growth application areas such as photovoltaic module manufacturing

---

5️⃣ 6. Shenzhen Hongzheng Adhesive Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Comprehensive range of industrial adhesive tapes

Shenzhen Hongzheng has established itself as a reliable supplier of thermal release tapes to the Chinese electronics industry. The company focuses on providing consistent quality and technical support to its customers. Their product development efforts are closely aligned with the evolving needs of local semiconductor packaging and testing facilities.

Innovation Initiatives:

• Continuous improvement of adhesive properties for better high-temperature performance

• Development of application-specific tape solutions

---

4️⃣ 7. Force-one Applied Materials CO., Ltd.

Headquarters: Shenzhen, China
Key Offering: Precision adhesive materials for electronics manufacturing

Force-one Applied Materials focuses on high-precision adhesive products for the electronics sector. The company’s thermal release tapes are engineered to meet the stringent requirements of advanced semiconductor packaging processes. Their technical expertise in material science enables them to develop solutions for emerging applications in the industry.

Innovation Initiatives:

• Research into next-generation adhesive systems for heterogeneous integration

• Collaboration with academic institutions on material development projects

---

3️⃣ 8. Solar Plus Company

Headquarters: California, USA
Key Offering: Thermal release tapes for solar and electronics applications

Solar Plus Company brings a unique perspective to the thermal release tape market with its focus on renewable energy applications. While serving the broader electronics industry, the company has developed specialized tapes for photovoltaic cell manufacturing and other clean technology applications. Their North American presence provides geographic diversification in the market.

Innovation Initiatives:

• Development of tapes compatible with harsh chemical environments in solar manufacturing

• Expansion into emerging electronics manufacturing hubs in the Americas

---

2️⃣ 9. Shenzhen Xinst Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Specialty tapes for electronics and industrial applications

Shenzhen Xinst Technology is another key player in the Chinese thermal release tape ecosystem. The company has built its reputation on responsive customer service and the ability to deliver customized solutions quickly. Their growing technical capabilities position them well to capture market share as China’s semiconductor industry continues to expand.

Innovation Initiatives:

• Investment in automated production lines to improve consistency and reduce costs

• Development of tapes with improved UV resistance for specific applications

---

1️⃣ 10. 3M Company

Headquarters: Maplewood, Minnesota, USA
Key Offering: High-performance thermal release tapes under various product lines

3M brings its extensive expertise in adhesive technologies to the thermal release tape market. While not exclusively focused on this segment, the company’s broader materials science capabilities and global distribution network make it a significant player. 3M’s tapes are known for their reliability and are used in demanding applications across multiple industries.

Innovation Initiatives:

• Leveraging nanotechnology expertise to develop advanced adhesive formulations

• Focus on sustainable material solutions across all product lines

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

---

🌍 Outlook: The Future of Thermal Release Tape Is Smarter and More Specialized

The thermal release tape market is undergoing a significant transformation. While standard products continue to serve volume applications, the industry is increasingly focused on developing highly specialized formulations for next-generation electronics manufacturing processes. The convergence of material science advancements and manufacturing innovation is creating new opportunities for market leaders.

📈 Key Trends Shaping the Market:

• R&D investment in tapes for advanced packaging technologies like Chip-on-Wafer and Fan-Out

• Growing demand for eco-friendly and recyclable tape formulations

• Increasing automation in tape application and removal processes

• Expansion into new application areas including quantum computing and biomedical devices

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

The companies listed above are not only supplying essential materials for today’s electronics industry—they’re developing the advanced solutions that will enable tomorrow’s technological breakthroughs.