U.S. Thermal Management Materials Market Size & Outlook
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U.S. thermal management materials market highlights
- The U.S. thermal management materials market generated a revenue of USD 506.4 million in 2024 and is expected to reach USD 893.5 million by 2033.
- The U.S. market is expected to grow at a CAGR of 6.5% from 2025 to 2033.
- In terms of segment, thermal interface materials (tims) was the largest revenue generating product in 2024.
- Graphite & Graphene Based Materials is the most lucrative product segment registering the fastest growth during the forecast period.
Thermal management materials market data book summary
| Market revenue in 2024 | USD 506.4 million |
| Market revenue in 2033 | USD 893.5 million |
| Growth rate | 6.5% (CAGR from 2025 to 2033) |
| Largest segment | Thermal interface materials (tims) |
| Fastest growing segment | Graphite & Graphene Based Materials |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase Change Materials (PCMs), Thermal Interface Materials (TIMs), Gap fillers, pads, greases, adhesives, Graphite & Graphene Based Materials |
Other key industry trends
- In terms of revenue, U.S. accounted for 12.5% of the global thermal management materials market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. thermal management materials market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 893.5 million by 2033.
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Thermal Management Materials Market Scope
Thermal Management Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fujipoly | View profile | 11-50 | Carteret, New Jersey, United States, North America | https://www.fujipoly.com |
| COMPELMA | View profile | 11-50 | Gometz-le-châtel, Centre, France, Europe | https://compelma.com |
| PCM Energy | View profile | 11-50 | Großröhrsdorf, Sachsen, Germany, Europe | https://www.pcm-energy.de |
| Master Bond | View profile | 11-50 | Hackensack, New Jersey, United States, North America | http://www.masterbond.com/ |
| Dycotec Materials | View profile | 11-50 | Calne, Wiltshire, United Kingdom, Europe | https://www.dycotecmaterials.com |
| The Boyd Group | View profile | 10001+ | Winnipeg, Manitoba, Canada, North America | https://www.boydgroup.com |
| Indium | View profile | 501-1000 | Clinton, New York, United States, North America | http://www.indium.com/ |
U.S. thermal management 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 management materials market will help companies and investors design strategic landscapes.
Thermal interface materials (tims) was the largest segment with a revenue share of 39.77% in 2024. Horizon Databook has segmented the U.S. thermal management materials market based on phase change materials (pcms), thermal interface materials (tims), gap fillers, pads, greases, adhesives, graphite & graphene based materials covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of thermal management materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. thermal management materials market , including forecasts for subscribers. This country databook contains high-level insights into U.S. thermal management materials market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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U.S. thermal management materials market size, by product, 2021-2033 (US$M)
U.S. Thermal Management Materials Market Outlook Share, 2024 & 2033 (US$M)
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