


Market Size, Share Global Outlook and Forecast 2025-2032 Publication Date: April 29 , 2025
Proliferation of smartphones, laptops, and wearable devices necessitates efficient heat dissipation solutions to ensure device performance and longevity
The rise of electric vehicles (EVs) and advanced driverassistance systems (ADAS) has amplified the need for effective thermal management in battery systems and electronic components
Subset of the broader Thermal Interface Materials (TIMs) industry, is experiencing significant growth driven by the escalating demand for efficient thermal management solutions across various sectors.
Material innovations are also shaping the market. Siliconebased adhesives remain popular due to their flexibility and thermal conductivity, while phase change materials (PCMs) are gaining traction for their ability to absorb and release heat efficiently during operation.
Market Value & Growth Projections:
• Global Market Value (2023): US$ 88 Million
• Projected Market Value (2032): US$ 171.56 Million
• CAGR (2023-2032): 7.70%
Electrification of Vehicles
Proliferation of Consumer
North America is a key market for heat dissipation adhesives, driven by electric vehicle growth, aerospace advancements, and semiconductor production. The U.S. leads the region with strong R&D, and companies like Tesla use these adhesives in their battery packs and electronics.
Europe's strict environmental rules and evolving auto industry drive strong demand for heat dissipation adhesives. Germany, as a leader in premium car production, plays a major role— especially in EVs and hybrids.
Asia-Pacific leads the global heat dissipation adhesive market, making up about 45% of demand in 2023. China, Japan, and South Korea drive growth with strong electronics manufacturing and booming EV markets. China’s government-backed EV surge, with over 8 million sales in 2023, plays a key role.
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