Thermal Release Tape Market

Thermal Release Tape Market Outlook (2025 to 2035)

The global thermal release tape market was valued at US$ 2,436.8 million in 2024 and has been forecasted to expand at a noteworthy CAGR of 5.4% to end up at US$ 4,282.5 million by 2035.

Increasing demand for thermal release tapes for LED lighting, electronics, and batteries supporting the production cycle and supply chain of the global market of thermal release tape. The die-cut tapes also support flex bonding and provide heat conduction for IC packaging. Frequently, the application of thermal tapes is seen in conjunction with cooling devices such as fans, heat spreaders, and heat pipes.

Thermal release tape sticks firmly at room temperature and can be removed easily when needed by slightly heating it. It is useful for various applications in semiconductors and electronics as well as various temporary fixes. The pressure-sensitive adhesive is a layer of adhesive on a substrate that reduces peeling force when heated to a certain temperature. With no residue left after removal, no clean-up is needed.

Report Attributes	Details
Thermal Release Tape Market Size (2024A)	US$ 2,436.8 Million
Estimated Market Value (2025E)	US$ 2,531.0 Million
Forecasted Market Value (2035F)	US$ 4,282.5 Million
Global Market Growth Rate (2025-2035)	5.4% CAGR
North America Market Share (2025)	27.8%
U.S. Market Growth Rate (2025-2035)	6.1% CAGR
Key Companies Profiled	Sekisui Chemical Co., Ltd.; Shurtape Technologies, LLC; Ideon Technologies, Inc.; Nitto Denko Avecia Inc.; CBC Co., Ltd.; Lintec Corporation; Lohmann Rauscher GmbH Co. KG; The Tape Group; Scapa Group plc; 3M Company; Avery Dennison Corporation; tesa tape, inc; Mitsui Chemicals; Kingzom.

Historic Analysis (2020 to 2024) and Future (2025 to 2035) Pathway Analysis for the Thermal Release Tape Market

The market for thermal release tape grew at a growth rate of 3.8% from 2020 to 2024, and by the end of 2024, it was valued at US$ 2,434.8 million. The stringent regulations related to thermal release tape are a major factor for the steady increase of the market during the forecasted period.

Historical Report Attributes	Details
Market Size (2020A)	US$ 2,085.3 million
Market Size (2024A)	US$ 2,434.8 million
Historical CAGR (2020-2024)	3.8%
Forecasted CAGR (2025-2035)	5.4%

• Short Term (2025 to 2028): Increased demand for thermal release tape in electronics (for circuit board production), automotive (for paint masking), aerospace (for insulation), and medical devices (for sterile packaging) will drive the market in the short term. Each application has unique requirements that influence the type of thermal release tape used. A variety of tapes have the potential to fulfill the requirements of applications.
• Medium Term (2028 to 2030): Advancement in technology is one of the major factors involved in this period that helps to grow the market. Economic developments are occurring with the thermal release tape manufacturing process. For the manufacturing process to be sustained, companies take up technologically advanced manufacturing process development. This process is necessary to make proper usage of the product thermal release tape. The advancement in these technologies may help to upgrade the market in the medium term.
• Long Term (2030 to 2035): In the next decade, the market is going to be driven rapidly by high-performance tapes due to their demand in harsh environments. Polyimide tapes show remarkable thermal stability, chemical resistance, and electrical insulation properties, with great potential for demanding applications in the aerospace, automotive, and electronics industries. PET thermal release tapes are highly demanded with applications from the packaging, construction, and consumer electronics sectors. The acrylic segment is expected to grow at a moderate rate in the next ten years.

On the back of the aforementioned facts, the thermal release tape market is anticipated to grow at a CAGR of 5.4% during the forecast period from 2025 to 2035, According to the Fact.MR, a market research and competitive intelligence provider.

Market Dynamics

What are the Factors Propelling Global Sales of Thermal Release Tape?

“Sustainable Materials required for safety and sustainable assembly of electronics is Driving the market for Thermal release tape”

The growing importance of lightweight materials as well as high-temperature resistance in the assembly process driving the market. The increasing demand for various electronic devices that need thermal protection during assembly is a major driver of the thermal release tape market industry.

Some devices require thermal release tapes for various applications, including battery assembly, heat dissipation, and component protection. The growing popularity of wearable electronics and the miniaturization of electronic devices are further contributing to the demand for thermal release tapes.

The automotive industry is an important driver of the thermal release tape market. Thermal release tapes are used in multiple automotive applications, especially for battery support structures, interior and exterior trim, and wire harnessing. The increasing production of vehicles, particularly electric vehicles, is expected to boost the demand for thermal release tapes in the coming years.

“Thermal release tapes are being used in various industries, like aerospace to protect surfaces from damage during painting, coating, and equipment related processes”

New and improved thermal release tapes with improved qualities are being developed as a result of technological improvements in the sector. These include the creation of novel tape patterns and production techniques. Thermal release tapes are utilized in electronics, automotive, and aerospace. Acrylic tapes are UV resistant and come with good adhesiveness and, clarity. These tapes are widely utilized in medical, automotive, and electronics domains.

For specialized applications, silicone, PTFE, and glass fiber provide special qualities including electrical insulation, chemical resistance, and high-temperature resistance. Over the next 10 years, the market for thermal release tape is anticipated to rise consistently due to increased demand. The thermal release tape market will continue its growth steadily with rising demand from diverse end-use industries and the introduction of new and innovative applications.

What are the Challenges Encountered by Manufacturers of Thermal Release Tape?

“High Initial Investment Associated with Thermal Release Tape Manufacturing is a Significant Challenge in the Market”

Multiple challenges include the high cost of advanced thermal release tapes and stringent regulations concerning chemical compositions, which may hinder market growth, companies across the world are also promoting and incorporating the usage of thermal release tape in their products/equipment leading to environment sustainability of the material which will further drive the market.

Raw materials such as high-performance polymers and adhesives required in the production of thermal release tape can be expensive. In turn, the manufacturer may fail to keep prices competitively low for adoption by prospective customers.

While thermal release tape has several advantages, it also faces technological limitations. For instance, the need for precise temperature control during application can be a challenge during electronic heating. These factors will have an negative impact on the market.

Country-wise Insights

Why is the Adoption of Thermal Release Tape High in the United States?

“Electronics and Aerospace Industry is a Relevant Source in Generating Revenue in the Global Thermal Release Tape Market”

The market in the United States is estimated at US$ 588.9 million in 2025 and is projected to expand at a CAGR of 6.1% through 2035. This market is projected to generate a US$ 474.6 million absolute opportunity from 2025 to 2035.

The United States leads the thermal release tape market for several reasons. Awareness of U.S.-based companies about the benefits of using thermal release tapes leads to increased adoption rates compared to other regions. Investment in the U.S. helps in research and development to produce advanced adhesive solutions that meet stringent industry standards. Aerospace, automotive, and electronics industries are driving demand for high-quality thermal release tapes.

Why is China a Lucrative Market for Thermal Release Tape?

“Rapid Industrial Automation and Adoption in Medical Industry”

The market in China is estimated to reach US$ 531.4 million in 2035 at a CAGR of 6.4%. This market is projected to generate a US$ 245.9 million absolute opportunity from 2025 to 2035.

China's dominance is expanding rapidly across electronics, automotive, and consumer goods sectors each requiring effective adhesive solutions like thermal release tapes. China-based manufacturers are investing more in research and development to improve the quality and performance characteristics of thermal release tapes.

Production of electronics in China is boosting, especially smartphones where these tapes are used in battery assembly, component protection, and others which further boost the market’s demand in China. The demand for high-performance thermal release tapes that enable efficient manufacturing processes is growing continuously.

Competitive pricing structures help manufacturers to offer cost-effective solutions. Such solutions do not compromise on quality, which is an important factor for businesses. Currently, all manufacturers are looking to optimize production costs while maintaining standards.

End User Industry-wise Insights

Which industry is widely utilizing thermal release tape?

“Electronics Dominate the Thermal Release Tape Market Due to Larger demand in terms of Safety Applications”

The electronics segment is estimated to account for 41.7% share of the market in 2025, and the segment is projected to reach a market valuation of US$ 1,815.8 million by 2035-end.

The electronics assembly segment will hold the largest share of the market in 2025 and will continue to hold its share at a maximum during the predicted period. The demand for electronic devices is rising in the automotive and consumer electronics industries, which evokes a desire in the market for these applications.

Thermal release tapes are now widely applied in electronics assembly by bonding and masking the process. High-tech multi-performance materials can, among others, feature adhesive tapes combined with damping, sealing, electrical insulation, or conductivity plus safe thermal conductivity.

TC-new, non-siliconized, without halogenated substances, with no solvent addition. New types of adhesive tape can already apply immediate adhesion on uneven surface layers in case of good wetting on the surface. In addition, these thermal interface materials (TIMs) can compensate for the tolerances of components as well as seal against dust or moisture.

Competitive Landscape

Key players in the Thermal release tape market Sekisui Chemical Co., Ltd., Tesa SE, tesa tape, Inc., Avery Dennison Corporation, 3M Company, Scapa Group plc, The Tape Group, Lohmann Rauscher GmbH Co. KG, Lintec Corporation, CBC Co., Ltd., Shurtape Technologies, LLC, Ideon Technologies, Inc., Nitto Denko Avecia Inc., Nitto Denko Corporation

Companies devote a significant portion of their revenue to R&D to resolve problems and offer creative solutions to draw in new customers and stay competitive. Companies are developing customized offerings for issues that meet industry-specific needs to compete with other players.

For instance :

• In March 2023, E KISUI CHEMICAL announced the World's First Transfer Tape, this solved the problems to some extent regarding the automotive industry. Newly developed product has high heat-resistant transfer, high thermal efficiency, thin film, Low VOC, and Adhesion to Rough Surfaces. There are four problems to be solved including withstanding high temperatures, being as thin as possible to reduce its thermal capacity, ensuring stable adhesion to rough and uneven surfaces to cloth, and being low VOC enough to be used for interior materials.

Fact.MR has provided detailed information about the price points of key manufacturers of thermal release tape positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Global Thermal Release Tape

• By Substrate Material Type :

  • PET
  • PVC
  • PTFE
  • PE
  • PP

• By Product Type :

  • Single Coated Adhesive Tape
  • Dual Coated Adhesive Tape

• By End User Industry :

  • Semiconductors
  • Aerospace
  • Electronics
  • Others

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa