The Global Power Cooling Paste for Electronic Products Market was valued at USD 530 Million in 2025 and is projected to reach USD 843 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period (2024–2034). This robust growth is fueled by the relentless miniaturization and increasing power density of modern electronics, the explosive demand for high-performance computing and artificial intelligence servers, and the global proliferation of 5G infrastructure, all of which generate significant heat that requires efficient thermal management.

As the electronics industry pushes the boundaries of performance and compact design, the critical role of thermal interface materials (TIMs) like power cooling paste becomes paramount. These materials are the unsung heroes ensuring device stability, longevity, and peak performance. In this blog, we profile the Top 10 Companies in the Power Cooling Paste Industry—a dynamic mix of global chemical giants, specialized thermal solution innovators, and performance-focused brands that are shaping the future of electronics cooling.

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Power Cooling Paste For Electronic Products Market – View in Detailed Research Report

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🔟 1. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Loctite, Bergquist-branded Thermal Interface Materials

Henkel is a global leader in adhesive technologies and materials science, with a formidable presence in the thermal management sector through its Loctite and Bergquist brands. The company offers a comprehensive portfolio of high-performance thermal pastes, pads, and tapes used by major electronics OEMs worldwide. Their products are engineered for reliability and are critical in applications ranging from consumer laptops to enterprise servers and automotive electronics.

Innovation Focus:

• Development of high-thermal-conductivity, low-bleed pastes for automated manufacturing

• Investing in silicone-free and environmentally friendly TIM formulations

• Strategic acquisitions to bolster expertise in advanced thermal solutions

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9️⃣ 2. 3M Company

Headquarters: St. Paul, Minnesota, USA
Key Offering: 3M™ Thermal Interface Materials

3M is a diversified technology company whose extensive materials science expertise includes a leading range of thermal management products. Their thermal pastes are renowned for consistent quality and performance, serving a broad spectrum of industries from personal computing to telecommunications and aerospace. 3M’s global distribution network and strong R&D capabilities make it a key supplier to both large-scale manufacturers and the aftermarket.

Innovation Focus:

• Pioneering phase-change materials and gap fillers alongside traditional pastes

• Focus on solutions for high-power-density applications like EV power electronics

Download FREE Sample Report:
Power Cooling Paste For Electronic Products Market – View in Detailed Research Report

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8️⃣ 3. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Silicone-based and non-silicone Thermal Compounds

Shin-Etsu is a world-leading chemical company with a significant specialty in silicone products, which are fundamental to many high-quality thermal pastes. The company supplies key materials to TIM manufacturers and also produces its own branded thermal compounds. Its deep vertical integration, from raw silicone to finished paste, allows for exceptional control over product quality and performance, making it a preferred partner for electronics manufacturers across Asia and globally.

Innovation Focus:

• Advanced silicone polymer technology for enhanced thermal stability

• Development of high-purity materials for sensitive electronic applications

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7️⃣ 4. Dow Inc.

Headquarters: Midland, Michigan, USA
Key Offering: DOWSIL™ Thermally Conductive Materials

Dow is a materials science titan whose DOWSIL™ brand is synonymous with high-performance silicones, including a wide array of thermal interface materials. Their pastes are designed to meet the rigorous demands of modern electronics, offering excellent heat dissipation and long-term reliability. Dow’s products are integral to the supply chains of numerous global OEMs in computing, consumer electronics, and the automotive sector.

Innovation Focus:

• Sustainable product development, including recyclable and bio-based material options

• Tailored solutions for next-generation 5G and AI hardware

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6️⃣ 5. Arctic (Arctic Silver Inc.)

Headquarters: Visp, Switzerland (Operating globally)
Key Offering: Arctic MX-series Thermal Compounds

Arctic is a specialist brand that has earned a legendary reputation among PC enthusiasts, overclockers, and DIY builders for its high-performance thermal pastes. Products like the Arctic MX-4 and MX-5 are benchmarks in the aftermarket, praised for their excellent thermal conductivity, non-conductive properties, and ease of application. The company’s focus on the consumer and enthusiast market has built immense brand loyalty.

Innovation Focus:

• Continuous refinement of ceramic and carbon micro-particle formulations

• Long-duration stability to prevent pump-out and dry-out over time

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5️⃣ 6. Cooler Master Technology Inc.

Headquarters: New Taipei City, Taiwan
Key Offering: MasterGel Maker, MasterGel Pro thermal pastes

Cooler Master is a major player in the PC cooling industry, providing a complete ecosystem of solutions that includes high-quality thermal pastes. Their MasterGel series is specifically engineered to complement their heatsinks and liquid cooling systems, offering optimal thermal transfer for gaming PCs, workstations, and servers. The company’s strong distribution network makes its products widely accessible globally.

Innovation Focus:

• Nano-diamond and aluminum oxide particle technology for maximum heat dissipation

• Formulations tested for compatibility with a wide range of cooling hardware

Download FREE Sample Report:
Power Cooling Paste For Electronic Products Market – View in Detailed Research Report

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4️⃣ 7. Noctua GmbH

Headquarters: Vienna, Austria
Key Offering: NT-H1, NT-H2 Professional-grade Thermal Compound

Noctua is an Austrian company renowned for its premium cooling components, which are celebrated for their quiet operation and exceptional performance. Their thermal compounds, such as the NT-H1 and NT-H2, are developed in-house and are a critical part of their product excellence. Favored by system integrators and quiet-PC enthusiasts, Noctua pastes are known for their consistency, ease of use, and long-term reliability.

Innovation Focus:

• Rigorous in-house testing and quality control for batch-to-batch consistency

• Development of pastes that offer excellent performance without requiring a lengthy cure time

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3️⃣ 8. Gelid Solutions

Headquarters: Munich, Germany
Key Offering: GC-Extreme, GC-4 High-Performance Thermal Paste

Gelid Solutions is a German manufacturer specializing in thermal solutions for the PC enthusiast and professional markets. Their GC-Extreme thermal paste is frequently ranked among the best in independent performance reviews, prized for its high thermal conductivity and non-conductive properties. The company focuses on delivering premium products that meet the demands of overclocking and high-load computing environments.

Innovation Focus:

• High-density filler loading with nano-particle technology

• Focus on paste longevity and stability under extreme thermal cycling

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2️⃣ 9. Prolimatech

Headquarters: New Taipei City, Taiwan
Key Offering: PK-series Nano Aluminum Thermal Compound

Prolimatech is a Taiwanese company known for its high-end CPU coolers and thermal compounds. The company’s PK-series thermal paste utilizes nano-aluminum particles to achieve high thermal conductivity. Prolimatech’s products are targeted at the performance and enthusiast market segment, where even marginal gains in cooling efficiency are highly valued for achieving higher overclocks and system stability.

Innovation Focus:

• Advanced nano-particle dispersion technology for optimal surface contact

• Developing pastes with low thermal resistance for direct-die cooling applications

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1️⃣ 10. MG Chemicals

Headquarters: Surrey, British Columbia, Canada
Key Offering: Thermal Compounds for Repair and Maintenance

MG Chemicals is a leading North American manufacturer of chemicals and compounds for electronics maintenance, repair, and operations (MRO). Their thermal pastes are widely used by technicians, repair shops, and IT departments for a variety of applications, from repasting laptop CPUs to maintaining industrial control systems. The company is recognized for providing reliable, cost-effective solutions that are easily accessible through electronics distributors.

Innovation Focus:

• Providing a range of pastes from standard silicone-based to premium silver-containing compounds

• Focusing on user-friendly packaging, including syringe applicators for precise dispensing

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Power Cooling Paste For Electronic Products Market – View in Detailed Research Report

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🌍 Outlook: The Future of Power Cooling Paste is Smarter and More Efficient

The power cooling paste market is undergoing a significant evolution. While traditional silicone- and ceramic-based pastes continue to dominate volume sales, the industry is intensely focused on developing next-generation materials that offer higher thermal conductivity, greater longevity, and better environmental profiles to meet the demands of increasingly powerful and compact electronics.

📈 Key Trends Shaping the Market:

• R&D into advanced materials like graphene, carbon nanotubes, and liquid metal alloys for ultra-high performance

• Growing demand for eco-friendly, non-toxic, and halogen-free formulations driven by global regulations

• Expansion into new high-growth sectors like electric vehicle power electronics and renewable energy systems

• Increased standardization and performance benchmarking to help consumers make informed choices

Get Full Report Here:
Power Cooling Paste For Electronic Products Market – View in Detailed Research Report

The companies listed above are not only supplying a critical component for modern electronics—they are at the forefront of enabling the next wave of technological innovation by solving the critical challenge of heat management.