Market Overview:
The global electric vehicle insulation market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electric vehicles and rising awareness about the benefits of electric vehicles over traditional gasoline-powered vehicles. Thermal insulation, electrical insulation, acoustic insulation, and other are the major types of electric vehicle insulation. Thermal insulation is expected to be the fastest-growing type during the forecast period owing to its ability to reduce energy consumption in electric vehicles. Acoustic insulation is also expected to grow at a high rate due its ability minimize noise pollution from electric vehicles. Car valve cover, battery, car chassis, car windscreen, and other are the major applications of electric vehicle insulation. Car valve cover application segment dominates the market with more than 50% share in terms of revenue in 2017 owing to increase adoption rates for electrified powertrain systems by original equipment manufacturers (OEMs). Battery application segment is projected grow at highest CAGR during forecast period as it helps improve performance and life cycle of batteries used in Electric Vehicles (EVs).
Product Definition:
Electric Vehicle insulation is a thermal insulation system used in electric vehicles to prevent the loss of heat from the battery pack, passenger compartment, and other electrical components. This is important because it helps keep the passengers comfortable and the vehicle's batteries at an optimum temperature.
Thermal Insulation:
Thermal insulation is the process of making materials resistant to heat. The most common forms of thermal insulation include spray foam, fiberglass, and wool. Thermal insulation helps in keeping the vehicle's temperature steady which makes it more efficient for long distance travel. It also helps in retaining heat within the vehicle for a longer time span thus increasing its efficiency as an electric car with respect to battery life and range anxiety among consumers.
Electrical Insulation:
Electrical insulation is the practice of protecting electrical components from high temperatures by using various materials to reduce or eliminate conduction and convection losses. The most common types of electrical insulation include air, ceramic, fiberglass, phenolic resin and silicone rubber.
Electric vehicle (EV) manufacturers are increasingly focusing on improving the efficiency of electric vehicles in order to achieve a higher range between charges for the same amount of energy consumed.
Application Insights:
The car chassis segment held the largest share of over 50.0% in 2017. Electric vehicles are insulated to maintain the temperature of battery packs below ambient temperature, which is expected to drive demand for chassi insulation products in future.
Battery pack is one of the most expensive parts in an electric vehicle as it contains lithium-ion batteries that need proper care and maintenance. The thermal management system inside an electric vehicle protects these batteries from high temperatures, thus ensuring a longer life span for them. In addition, proper battery cooling helps reduce battery weight and increases its power density, leading to reduced carbon emissions during transportation process owing to less fuel consumption caused by unnecessary idling of motors or engines while transporting passengers or goods between cities or townships within a country or region.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of electric vehicle manufacturers and suppliers. The region is expected to maintain its dominance over the forecast period. Asia Pacific is anticipated to witness significant growth due to increasing government initiatives for promoting eco-friendly vehicles, improving infrastructure facilities, and rising disposable income levels in developing economies including China, India, Indonesia & Thailand among others. Moreover, supportive policies framed by various governments such as tax benefits on EV charging stations are also expected favorably impact regional demand during the forecast period.
The European market was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for electric vehicles due to environmental concerns and government initiatives for promotion of electric vehicles
- Growing awareness about the benefits of insulation among consumers, especially in developing countries
- Rising demand from end-use industries such as automotive, construction, and appliances
- Technological advancements that have led to the development of better insulation materials
- Stringent regulations on energy consumption and emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Insulation Market Research Report
By Type
Thermal Insulation, Electrical Insulation, Acoustic Insulation, Other
By Application
Car Valve Cover, Battery, Car Chassis, Car Windscreen, Other
By Companies
BASF SE, Saint-Gobain, Autoneum, Von Roll Holding AG, Morgan Advanced Materials, Zotefoams plc, Unifrax, DuPont, 3M, Alder Pelzer Holding GmbH, Elmelin Ltd., Pyrophobic Systems Ltd., Techman Advanced Material Engineers, Marian Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Insulation Market Report Segments:
The global Electric Vehicle Insulation market is segmented on the basis of:
Types
Thermal Insulation, Electrical Insulation, Acoustic Insulation, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Car Valve Cover, Battery, Car Chassis, Car Windscreen, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Saint-Gobain
- Autoneum
- Von Roll Holding AG
- Morgan Advanced Materials
- Zotefoams plc
- Unifrax
- DuPont
- 3M
- Alder Pelzer Holding GmbH
- Elmelin Ltd.
- Pyrophobic Systems Ltd.
- Techman Advanced Material Engineers
- Marian Inc.
Highlights of The Electric Vehicle Insulation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermal Insulation
- Electrical Insulation
- Acoustic Insulation
- Other
- By Application:
- Car Valve Cover
- Battery
- Car Chassis
- Car Windscreen
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Vehicle Insulation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric vehicle insulation is a type of insulation that is used in electric vehicles to keep them cool. Electric vehicles use electricity to power the motors, so they need insulation to keep the batteries from getting too hot.
Some of the major players in the electric vehicle insulation market are BASF SE, Saint-Gobain, Autoneum, Von Roll Holding AG, Morgan Advanced Materials, Zotefoams plc, Unifrax, DuPont, 3M, Alder Pelzer Holding GmbH, Elmelin Ltd., Pyrophobic Systems Ltd., Techman Advanced Material Engineers, Marian Inc..
The electric vehicle insulation market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicle Insulation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Vehicle Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Vehicle Insulation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Vehicle Insulation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Vehicle Insulation Market Size & Forecast, 2018-2028
4.5.1 Electric Vehicle Insulation Market Size and Y-o-Y Growth
4.5.2 Electric Vehicle Insulation Market Absolute $ Opportunity
Chapter 5 Global Electric Vehicle Insulation Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Vehicle Insulation Market Size Forecast by Type
5.2.1 Thermal Insulation
5.2.2 Electrical Insulation
5.2.3 Acoustic Insulation
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Vehicle Insulation Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Vehicle Insulation Market Size Forecast by Applications
6.2.1 Car Valve Cover
6.2.2 Battery
6.2.3 Car Chassis
6.2.4 Car Windscreen
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicle Insulation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Vehicle Insulation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Vehicle Insulation Analysis and Forecast
9.1 Introduction
9.2 North America Electric Vehicle Insulation Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Vehicle Insulation Market Size Forecast by Type
9.6.1 Thermal Insulation
9.6.2 Electrical Insulation
9.6.3 Acoustic Insulation
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Vehicle Insulation Market Size Forecast by Applications
9.10.1 Car Valve Cover
9.10.2 Battery
9.10.3 Car Chassis
9.10.4 Car Windscreen
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Vehicle Insulation Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Vehicle Insulation Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Vehicle Insulation Market Size Forecast by Type
10.6.1 Thermal Insulation
10.6.2 Electrical Insulation
10.6.3 Acoustic Insulation
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Vehicle Insulation Market Size Forecast by Applications
10.10.1 Car Valve Cover
10.10.2 Battery
10.10.3 Car Chassis
10.10.4 Car Windscreen
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Vehicle Insulation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Vehicle Insulation Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Vehicle Insulation Market Size Forecast by Type
11.6.1 Thermal Insulation
11.6.2 Electrical Insulation
11.6.3 Acoustic Insulation
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Vehicle Insulation Market Size Forecast by Applications
11.10.1 Car Valve Cover
11.10.2 Battery
11.10.3 Car Chassis
11.10.4 Car Windscreen
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Vehicle Insulation Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Vehicle Insulation Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Vehicle Insulation Market Size Forecast by Type
12.6.1 Thermal Insulation
12.6.2 Electrical Insulation
12.6.3 Acoustic Insulation
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Vehicle Insulation Market Size Forecast by Applications
12.10.1 Car Valve Cover
12.10.2 Battery
12.10.3 Car Chassis
12.10.4 Car Windscreen
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Vehicle Insulation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Vehicle Insulation Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Vehicle Insulation Market Size Forecast by Type
13.6.1 Thermal Insulation
13.6.2 Electrical Insulation
13.6.3 Acoustic Insulation
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Vehicle Insulation Market Size Forecast by Applications
13.10.1 Car Valve Cover
13.10.2 Battery
13.10.3 Car Chassis
13.10.4 Car Windscreen
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Vehicle Insulation Market: Competitive Dashboard
14.2 Global Electric Vehicle Insulation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Saint-Gobain
14.3.3 Autoneum
14.3.4 Von Roll Holding AG
14.3.5 Morgan Advanced Materials
14.3.6 Zotefoams plc
14.3.7 Unifrax
14.3.8 DuPont
14.3.9 3M
14.3.10 Alder Pelzer Holding GmbH
14.3.11 Elmelin Ltd.
14.3.12 Pyrophobic Systems Ltd.
14.3.13 Techman Advanced Material Engineers
14.3.14 Marian Inc.
