China Thermal Interface Materials Market Size & Outlook

The thermal interface materials market in China is expected to reach a projected revenue of US$ 2,394.0 million by 2033. A compound annual growth rate of 12.8% is expected of China thermal interface materials market from 2026 to 2033.
Revenue, 2025 (US$M)
$920.4
Forecast, 2033 (US$M)
$2,394.0
CAGR, 2026 - 2033
12.8%
Report Coverage
China

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China thermal interface materials market, 2021-2033 (US$M)

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China thermal interface materials market highlights

  • The China thermal interface materials market generated a revenue of USD 920.4 million in 2025 and is expected to reach USD 2,394.0 million by 2033.
  • The China market is expected to grow at a CAGR of 12.8% from 2026 to 2033.
  • In terms of segment, computers was the largest revenue generating application in 2025.
  • Consumer Durables is the most lucrative application segment registering the fastest growth during the forecast period.


Thermal interface materials market data book summary

Market revenue in 2025USD 920.4 million
Market revenue in 2033USD 2,394.0 million
Growth rate12.8% (CAGR from 2026 to 2033)
Largest segmentComputers
Fastest growing segmentConsumer Durables
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationMedical Devices, Industrial Machinery, Automotive Electronics, Computers, Others Application, Telecom, Consumer Durables
Key market players worldwide3M Co, Henkel AG & Co KGaA, Dow Inc, Honeywell International Inc, Shin-Etsu Chemical Co Ltd, Indium, Sibelco


Other key industry trends

  • In terms of revenue, China accounted for 20.2% of the global thermal interface materials market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China thermal interface materials market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 503.6 million by 2033.

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Thermal Interface Materials Market Companies

Name Profile # Employees HQ Website
Sibelco View profile 10001+ Antwerp, Antwerpen, Belgium, Europe http://www.sibelco.com
Indium View profile 501-1000 Clinton, New York, United States, North America http://www.indium.com/
Shin-Etsu Chemical Co Ltd View profile 25717 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 http://www.shinetsu.co.jp
Henkel AG & Co KGaA View profile 48000 Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 https://www.henkel.com
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
3M Co View profile 85000 3M Center, St. Paul, MN, United States, 55144 https://www.3m.com

China thermal interface materials market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermal interface materials market will help companies and investors design strategic landscapes.


Computers was the largest segment with a revenue share of 26.23% in 2025. Horizon Databook has segmented the China thermal interface materials market based on medical devices, industrial machinery, automotive electronics, computers, others application, telecom, consumer durables covering the revenue growth of each sub-segment from 2021 to 2033.


The medical device industry is expected to register sustained growth with an increase in the demand for high-tech medical device imports to treat chronic and age-related diseases. China’s 13th five-year plan prioritizes innovation in healthcare, thus improving the foreign medical device prospects for the manufacturers. 

The growth of the medical device manufacturing in the economy is expected to result in an increase in the demand for thermal interface materials used across various applications in the medical devices.

The China thermal interface materials market accounts for a substantial market share and is likely to exhibit high growth rate on account of increasing automobile production in the country. The increasing automobile production can be attributed to the presence of key players and the manufacturing base and sales units of key OEMs in the economy.

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Horizon Databook provides a detailed overview of country-level data and insights on the China thermal interface materials market , including forecasts for subscribers. This country databook contains high-level insights into China thermal interface materials market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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China thermal interface materials market size, by product, 2021-2033 (US$M)

China Thermal Interface Materials Market Outlook Share, 2025 & 2033 (US$M)

China thermal interface materials market size, by product, 2021-2033 (US$M)

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