Thermal Management Materials Sales

Thermal Management Materials Sales Market Outlook

The global thermal management materials market is projected to reach USD 10 billion by 2035, with a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035. This growth can be attributed to the increasing demand for thermal management solutions in various industries, particularly in automotive and electronics, where effective heat dissipation is crucial for device performance and longevity. Additionally, the rise of electric vehicles (EVs) and the growing focus on energy-efficient systems are further driving the demand for advanced thermal management materials. Furthermore, innovations in material science have led to the development of more effective and durable thermal materials, fostering a positive outlook for market growth. The ongoing advancements in technology, coupled with stringent regulatory frameworks aimed at reducing carbon footprints, are also expected to create lucrative opportunities for the thermal management materials market.

Growth Factor of the Market

One of the primary growth factors for the thermal management materials market is the rapid technological advancements in the automotive sector, particularly concerning the development of electric and hybrid vehicles. These vehicles require efficient thermal management solutions to handle the heat generated by batteries and other electronic components effectively. Moreover, the booming consumer electronics industry, characterized by high-performance devices that necessitate effective heat dissipation methods, is significantly contributing to market expansion. The aerospace and defense sectors are also increasingly adopting advanced thermal management materials to improve equipment reliability and performance under extreme operating conditions. Additionally, the rising awareness of energy efficiency and sustainability is pushing manufacturers to invest in innovative thermal materials that minimize energy loss. These factors collectively create a robust growth environment for the thermal management materials market.

Key Highlights of the Market

• Projected market size of USD 10 billion by 2035.
• Significant growth driven by the automotive and electronics sectors.
• Technological advancements in material science enhancing product performance.
• Growing emphasis on energy efficiency and sustainability across industries.
• Expansion of electrical vehicle production requiring effective thermal management solutions.

By Product Type

Adhesives & Greases:

Adhesives and greases are critical components in thermal management, primarily serving the purpose of bonding and providing thermal conductivity between surfaces. These materials are essential in applications where thermal interface materials (TIMs) are needed to ensure optimal heat transfer from components such as CPUs and GPUs to heat sinks. Their ability to fill microscopic voids and air gaps enhances thermal conduction significantly, contributing to better overall performance of electronic devices. The growing trend of miniaturization in electronic devices necessitates the use of high-performance adhesives and greases that can provide excellent thermal performance while maintaining a compact form factor. Furthermore, advancements in formulations have led to products that are not only effective but also possess high durability and resistance to thermal degradation, making them an ideal choice for various applications.

Insulation Materials:

Insulation materials play a vital role in thermal management by preventing heat transfer in applications requiring temperature control. These materials are designed to minimize thermal losses, ensuring that systems operate efficiently and effectively. Common insulation materials include fiberglass, foam, and mineral wool, which are widely used in buildings, refrigeration systems, and industrial applications. The increasing focus on energy conservation and regulatory mandates to improve energy efficiency in buildings and appliances have catalyzed the demand for high-quality insulation materials. As industries increasingly require more energy-efficient thermal management solutions, innovations in insulation technology, such as the development of aerogels and vacuum insulation panels, are expected to drive market growth significantly.

Phase Change Materials:

Phase Change Materials (PCMs) are innovative thermal management solutions that store and release thermal energy during phase transitions, typically from solid to liquid and vice versa. This unique property allows PCMs to maintain temperature stability in a variety of applications, making them particularly useful in industries such as construction, electronics, and HVAC systems. The growing demand for energy-efficient systems and the increasing need for thermal regulation in buildings and vehicles have led to a surge in PCM adoption. Furthermore, continued research and development in the formulation of PCMs have yielded high-performance materials with enhanced heat absorption capabilities, making them an attractive option for manufacturers seeking to optimize thermal performance while minimizing energy consumption.

Thermal Conductive Tapes:

Thermal conductive tapes are specialized adhesive tapes designed to facilitate efficient heat transfer between surfaces in electronic and electrical applications. These tapes typically consist of a polymer matrix embedded with thermally conductive fillers, enabling them to perform as both adhesive and thermal interface material. The ease of application and versatility of thermal conductive tapes make them an ideal choice for manufacturers looking to streamline assembly processes while ensuring optimal thermal management. With the rapid growth of electronic devices, particularly in the consumer electronics sector, the demand for thermal conductive tapes is on the rise. Companies are increasingly incorporating these tapes into their products to improve heat dissipation, enhance performance, and reduce the risk of thermal failure.

Thermal Greases:

Thermal greases are essential thermal interface materials applied between heat-generating components and heat sinks to facilitate efficient heat transfer. These greases are typically composed of a silicone or non-silicone base fluid mixed with thermally conductive fillers to enhance thermal conductivity. Their viscous nature allows them to fill microscopic gaps and imperfections between surfaces, ensuring maximal contact and heat transfer. The demand for thermal greases is rising in line with the increasing complexity of electronic systems, which require optimized thermal management strategies. Additionally, advancements in formulation technology are leading to the development of greases with improved thermal performance, enhanced stability at high temperatures, and reduced curing times, further propelling market growth.

By Application

Automotive:

In the automotive sector, thermal management materials play a pivotal role in ensuring the efficiency and reliability of vehicles. With the increasing adoption of electric vehicles, the demands for effective thermal management solutions have intensified, as managing the heat generated by batteries and electric motors is crucial for performance and safety. Moreover, traditional internal combustion engine vehicles also require efficient thermal management to prevent overheating and ensure optimal operating temperatures for engine components. Advanced thermal materials such as insulating foams, conductive adhesives, and phase change materials are being integrated into automotive designs to enhance thermal efficiency, reduce weight, and improve overall vehicle performance. The ongoing evolution of the automotive industry toward electrification and advanced technologies is expected to drive significant growth in this application segment.

Electronics:

Thermal management materials are increasingly becoming essential in the electronics industry, where devices are designed to operate at higher speeds and with greater efficiency. Effective heat dissipation is critical to maintaining performance and extending the lifespan of electronic components such as semiconductors, circuit boards, and LED lighting. The rising trend of miniaturization has resulted in tighter packaging of components, leading to increased heat generation, which necessitates the use of advanced thermal interface materials. The demand for thermal greases, conductive adhesives, and thermal conductive tapes in electronics applications is projected to surge as manufacturers seek to optimize thermal management solutions that ensure device reliability and efficiency. As the industry continues to innovate, the significance of thermal management materials will only grow.

Aerospace & Defense:

The aerospace and defense sectors present unique challenges in thermal management due to the extreme operating conditions and stringent performance requirements of equipment and systems. Thermal management materials are crucial in ensuring that aircraft and defense systems can operate effectively under varying temperatures while maintaining the integrity of sensitive components. Advanced materials such as insulation foams, heat shields, and thermal interface materials are utilized to protect components from temperature fluctuations and ensure optimal thermal performance. The increasing complexity of aerospace technologies, coupled with the demand for lightweight and durable materials, is expected to drive the growth of thermal management materials in this sector significantly.

Healthcare:

In the healthcare industry, thermal management materials are vital for the safe and effective operation of medical equipment and devices. Managing temperature in healthcare applications is crucial, as overheating can compromise the performance of life-saving devices such as MRI machines, ultrasound equipment, and surgical instruments. Thermal interface materials, insulating foams, and heat sinks are commonly employed to maintain optimal operating conditions and ensure patient safety. As the demand for advanced medical technology continues to grow, the need for effective thermal management solutions is becoming increasingly prominent, fostering significant growth in this application segment.

Consumer Electronics:

Consumer electronics encompass a wide range of products that require effective thermal management to ensure optimal performance and longevity. With devices becoming more compact and powerful, the challenge of dissipating heat effectively has become increasingly pronounced. Thermal management materials such as thermal greases, conductive adhesives, and insulation materials are extensively used to enhance heat transfer and prevent thermal-related failures in smartphones, laptops, and gaming consoles. The continuous demand for high-performance consumer electronics, driven by evolving consumer preferences and technological advancements, is expected to significantly boost the adoption of thermal management materials in this application segment.

By Use Industry

OEMs:

Original Equipment Manufacturers (OEMs) are a significant driving force in the thermal management materials market, as they integrate these materials into their products during the manufacturing process. In sectors such as automotive, electronics, and aerospace, OEMs are increasingly recognizing the importance of effective thermal management solutions to enhance product reliability and performance. By utilizing advanced thermal management materials, OEMs can differentiate their products in a competitive market, ensuring that they meet stringent performance standards and customer expectations. The growing trend of incorporating energy-efficient technologies and design innovations is propelling the demand for high-performance thermal materials among OEMs, ultimately shaping the future of the market.

Aftermarket:

The aftermarket segment for thermal management materials is witnessing significant growth as consumers and businesses seek effective solutions to replace and upgrade existing thermal management systems in their equipment. This segment includes the replacement of thermal interface materials, thermal greases, and insulation materials in various applications, especially in automotive and electronics. The increasing awareness of the importance of maintaining optimal thermal management in devices and systems is driving the demand for aftermarket solutions. Additionally, the rise of DIY repair culture and the growth of e-commerce platforms offering thermal management products are further contributing to the expansion of the aftermarket segment, creating new opportunities for manufacturers and suppliers in the thermal management materials market.

By Material Type

Metals & Alloys:

Metals and alloys are widely recognized for their excellent thermal conductivity, making them a popular choice in thermal management applications. Materials such as aluminum, copper, and their alloys are frequently used in heat sinks, heat exchangers, and thermal interface materials due to their ability to dissipate heat effectively. The robust mechanical properties of metals also contribute to their longevity and performance in demanding applications. As industries continue to prioritize energy efficiency and thermal performance, the demand for high-quality metal and alloy-based thermal management solutions is expected to rise significantly. Furthermore, advancements in metallurgical engineering are leading to the development of new alloys with enhanced thermal properties, further bolstering market growth in this segment.

Ceramics:

Ceramics are increasingly being utilized in thermal management applications due to their unique properties, including high thermal resistance, durability, and chemical stability. These materials are often employed in high-temperature environments, such as aerospace and industrial applications, where effective thermal insulation is required. The ability of ceramics to withstand extreme conditions without degrading makes them ideal for applications involving heat shields, thermal barrier coatings, and insulation materials. As industries continue to evolve and demand more efficient thermal management solutions, the utilization of advanced ceramic materials is expected to grow, driven by their superior performance and reliability.

Polymers:

Polymers are versatile materials that are increasingly used in thermal management applications due to their lightweight nature and excellent insulating properties. Various polymer formulations are engineered to enhance thermal conductivity, making them suitable for applications such as thermal interface materials and insulation. The flexibility and adaptability of polymers allow for innovative designs and applications, catering to the growing demand for efficient thermal management solutions in industries such as electronics, automotive, and consumer goods. The ongoing research and development in polymer chemistry are leading to the emergence of new high-performance polymer materials, which will likely drive further growth in this segment.

Composites:

Composites combine the benefits of multiple materials to deliver enhanced thermal management solutions. These materials typically consist of a combination of polymers, ceramics, and metals, resulting in products that exhibit superior thermal performance, mechanical strength, and lightweight characteristics. The utilization of composites is gaining momentum in applications where weight reduction is critical, such as aerospace, automotive, and electronics. The ability to tailor composite materials to meet specific thermal and mechanical requirements makes them an attractive choice for manufacturers seeking to optimize product performance. As the demand for innovative thermal management solutions continues to grow, the composite segment is expected to expand significantly, driven by advancements in material science and engineering.

Phase Change Materials:

Phase Change Materials (PCMs) are unique thermal management solutions that can absorb and release thermal energy during phase transitions, offering excellent temperature regulation capabilities. These materials are becoming increasingly popular in applications ranging from building materials to battery thermal management in electric vehicles. PCMs can store excess heat generated in a system and release it when needed, helping maintain optimal operating temperatures and enhancing energy efficiency. The growing emphasis on sustainability and energy conservation is driving the adoption of PCMs in various industries, and ongoing research is expected to improve their performance and expand their application scope, further bolstering market growth.

By Region

The North American thermal management materials market is witnessing robust growth, driven by the burgeoning automotive and electronics sectors. With a projected CAGR of 7.2% during the forecast period, the demand for advanced thermal management solutions is being fueled by the increasing adoption of electric vehicles and the proliferation of consumer electronics. Furthermore, stringent regulations aimed at enhancing energy efficiency and reducing carbon footprints are prompting manufacturers to invest in innovative thermal materials. This region is home to several key players and cutting-edge technology firms, which are actively engaged in developing advanced thermal management solutions, thereby contributing to the overall growth of the market.

Europe is also experiencing significant growth in the thermal management materials market, primarily driven by the rapid advancements in the automotive industry and a strong focus on sustainability. The European market is expected to expand at a CAGR of 6.8% during the forecast period, supported by the increasing production of electric vehicles and the rising demand for energy-efficient thermal management solutions. The region's commitment to reducing greenhouse gas emissions and investing in green technologies is further encouraging the adoption of innovative thermal materials across various industries. As companies continue to innovate and prioritize sustainability, the demand for effective thermal management materials is expected to rise in Europe, shaping the future of the market.

Opportunities

The thermal management materials market is poised to benefit from numerous opportunities in the coming years, particularly as industries increasingly prioritize energy efficiency and sustainability. The ongoing transition towards electric vehicles presents a unique opportunity for the thermal management materials market, as manufacturers seek innovative solutions to manage the heat generated by high-capacity batteries and electric motors. Additionally, the growing demand for high-performance consumer electronics, such as smartphones, laptops, and gaming consoles, is driving the need for effective thermal management solutions. As manufacturers continue to innovate, the development of advanced thermal materials that can meet the rigorous demands of these applications is expected to create significant opportunities for growth within the market.

Moreover, the rising awareness of the importance of effective thermal management in various applications is fostering the creation of new markets. Industries such as healthcare, aerospace, and renewable energy are increasingly recognizing the need for optimized thermal management solutions to enhance performance and ensure reliability. This growing awareness is prompting investment in research and development, leading to the emergence of innovative thermal management materials tailored to specific industry needs. As industries continue to evolve and demand more efficient thermal management solutions, the market will likely witness substantial growth driven by these emerging opportunities.

Threats

While the thermal management materials market is experiencing significant growth, it is not without its challenges. One of the primary threats to the market is the volatility in raw material prices, which can impact production costs and consequently affect profit margins for manufacturers. Fluctuations in the prices of metals, polymers, and other materials used in thermal management solutions can create uncertainty in pricing strategies and may hinder investments in product development. Additionally, the rapid pace of technological advancements necessitates continuous innovation, and companies that fail to keep up with emerging trends may face a loss of market share. Furthermore, the increasing competition from alternative solutions and new market entrants can pose a threat to established players in the thermal management materials market, potentially driving prices down and impacting profitability.

Another significant challenge facing the thermal management materials market is the regulatory landscape. As governments worldwide implement stricter regulations regarding energy efficiency and environmental impact, manufacturers may be required to adapt their products and processes to comply with new standards. This compliance can involve substantial investments in research and development, which can strain resources for smaller companies. Additionally, the complexity of navigating international regulations can pose barriers for companies looking to expand into new markets, thereby limiting their growth potential. These threats, if not addressed proactively, could hinder the long-term growth and viability of the thermal management materials market.

Competitor Outlook

• 3M Company
• Henkel AG & Co. KGaA
• Dow Inc.
• Parker Hannifin Corporation
• Lord Corporation
• Momentive Performance Materials Inc.
• Saint-Gobain
• Sumitomo Bakelite Co., Ltd.
• Thermal Interface Materials (TIM) Inc.
• Wacker Chemie AG
• Chomerics (A Division of Parker Hannifin Corp.)
• Shin-Etsu Chemical Co., Ltd.
• Armacell International S.A.
• Huntsman Corporation
• Solvay S.A.

The competitive landscape of the thermal management materials market is characterized by a mix of established players and emerging companies that are constantly innovating to meet the evolving needs of various industries. Major companies in this space, such as 3M and Henkel, leverage their extensive research and development capabilities to introduce innovative materials tailored for specific applications. These companies typically focus on building strong brand recognition and customer loyalty, which enables them to secure long-term contracts and partnerships with key clients across various sectors. Additionally, many companies are investing in sustainability initiatives and eco-friendly materials, as consumers and businesses increasingly prioritize environmental considerations in their purchasing decisions.

Additionally, smaller and newer companies are entering the market with niche products and innovative solutions that address specific thermal management challenges. These companies often adopt agile strategies to respond quickly to changing market demands and trends, allowing them to carve out a share of the market. Collaborations, mergers, and acquisitions are also prevalent in this competitive landscape, as companies seek to enhance their product offerings and expand their market presence. By combining resources and expertise, industry players can develop more effective and comprehensive thermal management solutions, catering to a broader range of applications and customers.

Among the key players in the thermal management materials market, 3M Company stands out for its extensive portfolio of innovative products, including insulating materials, thermal conductive adhesives, and phase change materials. The company's commitment to research and development has enabled it to maintain a leading position in the market, continuously launching new products that meet the evolving needs of customers across various industries. Similarly, Henkel AG & Co. KGaA is known for its strong presence in the adhesive and thermal management materials sectors, offering a wide range of high-performance products designed to optimize thermal management in automotive and electronics applications. These companies, along with several others, are expected to play a significant role in shaping the future of the thermal management materials market through their technological advancements and commitment to sustainability.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Dow Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 3M Company
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Solvay S.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Saint-Gobain
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Lord Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Wacker Chemie AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Henkel AG & Co. KGaA
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Huntsman Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Armacell International S.A.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Parker Hannifin Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Sumitomo Bakelite Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Shin-Etsu Chemical Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Momentive Performance Materials Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Thermal Interface Materials (TIM) Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Chomerics (A Division of Parker Hannifin Corp.)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Thermal Management Materials Sales Market, By Application
    • 6.1.1 Automotive
    • 6.1.2 Electronics
    • 6.1.3 Aerospace & Defense
    • 6.1.4 Healthcare
    • 6.1.5 Consumer Electronics
  • 6.2 Thermal Management Materials Sales Market, By Product Type
    • 6.2.1 Adhesives & Greases
    • 6.2.2 Insulation Materials
    • 6.2.3 Phase Change Materials
    • 6.2.4 Thermal Conductive Tapes
    • 6.2.5 Thermal Greases
  • 6.3 Thermal Management Materials Sales Market, By Material Type
    • 6.3.1 Metals & Alloys
    • 6.3.2 Ceramics
    • 6.3.3 Polymers
    • 6.3.4 Composites
    • 6.3.5 Phase Change Materials

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Thermal Management Materials Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Thermal Management Materials Sales market is categorized based on

By Product Type

• Adhesives & Greases
• Insulation Materials
• Phase Change Materials
• Thermal Conductive Tapes
• Thermal Greases

By Application

• Automotive
• Electronics
• Aerospace & Defense
• Healthcare
• Consumer Electronics

By Material Type

• Metals & Alloys
• Ceramics
• Polymers
• Composites
• Phase Change Materials

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• 3M Company
• Henkel AG & Co. KGaA
• Dow Inc.
• Parker Hannifin Corporation
• Lord Corporation
• Momentive Performance Materials Inc.
• Saint-Gobain
• Sumitomo Bakelite Co., Ltd.
• Thermal Interface Materials (TIM) Inc.
• Wacker Chemie AG
• Chomerics (A Division of Parker Hannifin Corp.)
• Shin-Etsu Chemical Co., Ltd.
• Armacell International S.A.
• Huntsman Corporation
• Solvay S.A.