Thermal Release Tape Market is Expected to Reach US$

From GlobeNewswire: 2025-02-13 06:30:00

According to Fact.MR, the global Thermal Release Tape Market is set to reach US$ 2,531.0 million by 2025, with a projected CAGR of 5.4% from 2025 to 2035. The market growth is driven by the increased production of printed circuit boards and electronic devices, with demand coming from industries like automotive, aerospace, and medical.

Thermal release tapes play a crucial role in preventing package deformation during manufacturing processes, offering strong bonding and accurate release. These tapes are popular for their ability to withstand extreme temperatures, resist chemicals, and prevent package destruction by static charge. They contribute significantly to automation in electronic component manufacturing.

Key findings from the market study show that the global thermal release tape market is expected to grow at a 5.4% CAGR, reaching US$ 4,282.5 million by 2035. North America is estimated to hold a market share of 29.6% in 2035, with key players driving innovation including Sekisui Chemical Co., Ltd., tesa tape Inc., and Avery Dennison Corporation.

Industry leaders like Sekisui Chemical Co., Ltd., and 3M Company are at the forefront of driving innovation in the thermal release tape market. These companies are focusing on expansion activities, technological advancements, and strategic partnerships to gain a significant market share.

In a recent development, Lohmann announced the launch of conductivity tapes to optimize thermal management in EV batteries. This advancement supports the growing demand in the EV battery sector and offers bonding solutions customized for Li-ion batteries, enhancing thermal management efficiency.

In March 2023, Sekisui Chemical introduced the world’s first transfer tape addressing automotive industry challenges. The tape boasts high heat resistance, efficiency, thin coating, low VOC, and adherence to rough surfaces, catering to the needs of the automotive sector.

Fact.MR continues to provide valuable insights on the global thermal release tape market, offering historical data from 2020 to 2024 and forecast statistics from 2025 to 2035. The market analysis covers product types, substrate materials, end uses, and regional trends, aiding businesses in making informed decisions.

Further studies by Fact.MR include the Thermal Conductive Sheet Market, Thermal Conductive Adhesives Market, Thermal Paper Market, and Electronic Thermal Management Materials (ETMM) Market, offering comprehensive insights into the industry trends and growth opportunities.



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