The Global High Thermal Conductivity Adhesive Market was valued at USD 968.5 Million in 2023 and is projected to reach USD 1.65 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period (2024–2030). This robust growth trajectory is fueled by the escalating demand for efficient thermal management solutions in electric vehicles (EVs), 5G infrastructure, high-performance computing, and advanced consumer electronics.

As electronic devices become more powerful and compact, effective heat dissipation is no longer optional—it’s a critical requirement for performance and longevity. High thermal conductivity adhesives are at the forefront of this challenge, providing essential bonding and heat-transfer capabilities. In this blog, we profile the Top 10 Companies in the High Thermal Conductivity Adhesive Industry—global chemical giants and specialized formulators that are pioneering next-generation thermal interface materials (TIMs).

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: LOCTITE® thermally conductive adhesives, gap fillers, and potting compounds

Henkel is a global powerhouse in adhesive technologies, with a comprehensive portfolio of high-performance thermal management solutions. Its LOCTITE brand offers a range of epoxy, silicone, and acrylate-based adhesives designed for demanding applications in automotive electronics, power modules, and LED lighting. Henkel’s materials are recognized for their reliability and performance under extreme conditions.

Key Innovations:

• Development of one-part, heat-cure epoxies with thermal conductivities exceeding 4.0 W/mK

• Advanced silicone-free thermal interface materials for sensitive automotive applications

• Strategic acquisitions to bolster its electronic materials division

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9️⃣ 2. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: DOWSIL™ thermally conductive silicone adhesives and sealants

Dow is a leading materials science company with a formidable presence in silicone-based thermal adhesives. Its DOWSIL product line includes gels, adhesives, and encapsulants that provide excellent thermal conductivity alongside electrical insulation. These products are critical for protecting sensitive components in EV batteries, power electronics, and telecommunications equipment.

Key Innovations:

• Focus on sustainable formulations with reduced environmental impact

• High-performance products for automotive radar sensors and LiDAR systems

• Global R&D efforts to enhance filler technology and thermal performance

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8️⃣ 3. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: 3M™ Thermally Conductive Adhesives, Tapes, and Adhesive Transfer Tapes

3M’s diversified technology portfolio includes a wide array of thermal management solutions. The company leverages its expertise in material science to develop adhesives that offer a balance of thermal performance, mechanical strength, and ease of application. 3M’s products are used extensively in data centers, consumer electronics, and industrial motor drives.

Key Innovations:

• Pioneering adhesive transfer tapes with high thermal conductivity for automated assembly

• Development of phase change materials that optimize thermal interface performance

• Strong focus on reliability testing and qualification for critical applications

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7️⃣ 4. Parker Hannifin Corporation (Lord Corporation)

Headquarters: Cleveland, Ohio, USA (Lord HQ: Cary, North Carolina)
Key Offering: LORD™ thermally conductive adhesives, epoxies, and cyanate esters

Following its acquisition by Parker Hannifin, Lord Corporation continues to be a leading innovator in high-performance adhesives and coatings. The company specializes in materials that withstand harsh environments, offering products with thermal stability and conductivities tailored for aerospace, defense, and high-reliability electronics.

Key Innovations:

• Expertise in aerospace-grade adhesives for avionics thermal management

• Development of low-outgassing formulations for space applications

• Custom formulation capabilities for specific customer thermal and mechanical requirements

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Global High Thermal Conductivity Adhesive Market – View in Detailed Research Report

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6️⃣ 5. Momentive Performance Materials Inc.

Headquarters: Waterford, New York, USA
Key Offering: Silicone-based thermal gels, adhesives, and encapsulants

Momentive is a global leader in silicones and advanced materials, with a strong focus on thermal management solutions for the electronics industry. The company’s products are designed to provide efficient heat dissipation while offering flexibility, durability, and resistance to environmental stressors.

Key Innovations:

• High-consistency rubber (HCR) materials for gap filling in large power modules

• Thermally conductive but electrically insulating gels for EV battery packs

• Focus on improving processability and shelf-life of thermal interface materials

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5️⃣ 6. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Silicon-based thermal compounds, gels, and adhesives

Shin-Etsu is one of the world’s largest manufacturers of silicone products, with a significant share in the thermal interface materials market. The company is renowned for its high-purity silicones and consistent quality, serving major global electronics OEMs. Its products are essential for cooling CPUs, GPUs, and power semiconductors.

Key Innovations:

• Leadership in high-thermal-conductivity silicone gels for the computing sector

• Continuous investment in R&D for filler technology to boost thermal performance

• Strong supply chain presence across Asia, North America, and Europe

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4️⃣ 7. Master Bond Inc.

Headquarters: Hackensack, New Jersey, USA
Key Offering: Epoxy, silicone, and UV cure adhesives with high thermal conductivity

Master Bond is a recognized formulator and manufacturer of high-performance adhesives, sealants, and coatings. While smaller than the multinational giants, the company holds a significant niche by offering thousands of custom and stock formulations. It excels in providing solutions for challenging applications that require specific thermal, electrical, or environmental properties.

Key Innovations:

• Expertise in two-part epoxy systems with thermal conductivities up to 20 W/mK

• Development of fast-curing systems for high-volume manufacturing

• Focus on technical customer support and application engineering

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3️⃣ 8. Permabond Engineering Adhesives

Headquarters: Hampshire, United Kingdom
Key Offering: Anaerobic, cyanoacrylate, and epoxy thermal adhesives

Permabond, a part of the Ellsworth Adhesives group, has a long history of innovation in industrial adhesives. The company offers a range of thermally conductive products that cater to the automotive, aerospace, and electronics sectors. Permabond is known for its user-friendly products and strong technical service.

Key Innovations:

• Specialization in room-temperature curing adhesives for heat-sensitive components

• Development of thermally conductive retaining compounds for bearings and sleeves

• Global distribution network ensuring product availability and support

Download FREE Sample Report:
Global High Thermal Conductivity Adhesive Market – View in Detailed Research Report

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2️⃣ 9. Aavid Thermalloy LLC (a Boyd Company)

Headquarters: Laconia, New Hampshire, USA
Key Offering: Thermal interface materials, including adhesives, gap pads, and greases

Aavid Thermalloy, part of Boyd Corporation, is a world leader in thermal management technologies. While known for heat sinks, the company also provides a comprehensive suite of thermal interface materials, including adhesives that are designed to work seamlessly with its cooling hardware. This systems-level approach is a key differentiator.

Key Innovations:

• Integrated thermal solutions combining adhesives with heat sinks for optimized performance

• Focus on automotive and telecommunications thermal management challenges

• Global manufacturing footprint to support just-in-time delivery

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1️⃣ 10. ziitek

Headquarters: Shenzhen, China
Key Offering: Thermal conductive adhesive tapes, films, and paste

ziitek is a prominent Chinese manufacturer specializing in thermal interface materials. The company has grown significantly by catering to the vast electronics manufacturing base in Asia, providing cost-effective yet reliable solutions for consumer electronics, LED lighting, and home appliances. Its strong regional presence makes it a key player in the supply chain.

Key Innovations:

• Rapid response to market trends in the fast-growing Asian electronics sector

• Development of acrylic-based thermal tapes for display and touch panel assembly

• Focus on scalable production to meet high-volume demands

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Global High Thermal Conductivity Adhesive Market – View in Detailed Research Report

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🌍 Outlook: The Future of Thermal Management Is Intelligent and Integrated

The high thermal conductivity adhesive market is evolving beyond basic heat dissipation. The next generation of materials will need to be smarter, more sustainable, and integrated into the design process from the outset. As power densities continue to rise in everything from smartphones to server farms, the role of these advanced adhesives becomes increasingly critical.

📈 Key Trends Shaping the Market:

• Electrification of Transportation: Exponential growth in EV production is driving demand for adhesives that manage heat in batteries, power control units, and motors.

• 5G and IoT Proliferation: The rollout of 5G networks and the expansion of the Internet of Things require thermal solutions for compact, high-power base stations and devices.

• Advanced Package Architectures: The shift towards 2.5D and 3D chip packaging creates new thermal challenges that adhesives must solve at a microscopic scale.

• Sustainability and Regulation: Increasing pressure to develop halogen-free, low-VOC, and recyclable adhesive formulations.

Get Full Report Here:
Global High Thermal Conductivity Adhesive Market – View in Detailed Research Report

The companies profiled above are not merely supplying adhesives; they are providing the essential thermal pathways that enable the next wave of technological innovation, ensuring that our electronic future remains cool, efficient, and reliable.