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Global Electric Vehicle Insulation Market

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    Report

  • 195 Pages
  • December 2023
  • Region: Global
  • BCC Research
  • ID: 5913292

Report Scope

Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. This report also offers insights into the drivers and restraints for the market’s growth, including events such as COVID-19 and the Russia-Ukraine war, as well as trends such as emerging technologies, ESG and the regulatory landscape.

The report has been prepared in a simple, easy-to-understand format, with some tables and charts/figures. The report's scope includes a detailed study of global and regional markets for product type, propulsion type, vehicle type, insulation Type, and Application. The qualitative and quantitative data of all segments are provided in the report. The report examines each segment, determines its current market size, and estimates its future market size with compound annual growth rates (CAGR).

The report also provides profiles of leading makers of EV insulation. The report also includes a chapter on the competitive landscape with the ranking of the major EV insulation providers in 2022.

Report Includes

  • 58 data tables and 32 additional tables
  • An overview of the global market for electric vehicle insulation
  • Estimates of the market size and analyses of market trends with data from 2022 and 2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2028
  • Discussions of the current and future market potential and breakdowns of the market by product, propulsion, insulation, application and geographic region
  • Identification of the challenges facing the market and discussions on how to overcome them if the market is to reach its commercialization potential
  • A look at ESG trends
  • Discussion of the properties of EVs' battery and electrical systems, such as protection against thermal fluctuations, minimization of electrical interference and maintenance of the system's integrity
  • Insights into government subsidies, programs and investments in the EV sector; and developments in wireless EV charging technologies
  • Information on the latest developments, new research, emerging technologies, industry structure, relevant patents, the regulatory landscape and economic trends
  • Market share analysis of the key companies and coverage of their proprietary technologies, strategic alliances, and other market strategies
  • Company profiles of major players within the industry, including 3M, BASF SE, DuPont de Nemours Inc., and Saint-Gobain

Table of Contents

Chapter 1 Introduction
  • Introduction
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Methodology
  • Information Sources
  • Geographic Breakdown
  • Segmentation Breakdown
Chapter 2 Summary and Highlights
  • Market Outlook
  • Market Summary
Chapter 3 Market Overview
  • Introduction
  • Evolution of EV Insulation
  • Early Development
  • Advances in Battery Technology
  • Thermal Management
  • Weight Reduction
  • Safety Standards
  • Cost Reduction
  • Noise Reduction
  • Sustainability
  • Integration with Smart Features
  • Global Regulations
  • Value Chain Analysis
  • Sourcing of Raw Materials
  • Materials Production
  • Component Manufacturing
  • Assembly and Integration
  • Quality Control and Testing
  • Distribution and Supply Chain
  • EV Manufacturing
  • Vehicle Testing and Quality Assurance
  • Sales and Marketing
  • After-sales Support and Service
  • Recycling and Sustainability
  • R&D
  • Regulatory Compliance
  • Porter’s Five Forces Model
  • Supplier Power
  • Buyer Power
  • Threat of New Entrants
  • Threat of Substitutes
  • Competition in the Industry
  • Impact of COVID-19
  • Impact of the Ukraine-Russia War
  • Impact on Supply Chain and Value Chain
Chapter 4 Market Dynamics
  • Overview
  • Market Drivers
  • Investments in EVs
  • Favorable Government Subsidies and Programs
  • Growing Demand for Clean Energy
  • Thermal Runaway in Batteries
  • Market Restraints
  • High Cost of EVs
  • Insufficient EV Charging Infrastructure
  • Key Challenges
  • Limited Battery Capacity
  • Reduced Availability of Lithium
  • Market Opportunities
  • Government Support for Electrification of Public Transportation
  • Wireless EV On-the-Go Charging
  • Government Efforts to Promote the Use of EVs
Chapter 5 Emerging Technologies and Developments
  • Introduction
  • Emerging Technologies
  • Advanced Thermal Management
  • Thermal Interface Materials (TIMs)
  • Fire-Resistant Insulation
  • Lightweight Insulation
  • Trends in EV Insulation
  • High-Temperature Insulation
  • Improved Battery Pack Insulation
  • Integrated Sensors
Chapter 6 Market Breakdown by Product Type
  • Overview
  • Thermal Interface Materials
  • Ceramics
  • Foamed Plastics
  • Other Materials
Chapter 7 Market Breakdown by Propulsion Type
  • Overview
  • Battery EVs (BEVs)
  • Thermal Insulation
  • Electrical Insulation
  • Acoustic Insulation
  • Fire-Resistant Insulation
  • Thermal Interface Materials
  • Interior Insulation
  • Environment and Waterproofing Insulation
  • Lightweight Insulation
  • Insulation from Recycled and Sustainable Sources
  • Plug-in Hybrid EVs (PHEVs)
  • Hybrid EVs (HEVs)
  • Fuel Cell EVs (FCEVs)
  • Multi-layer Insulation (MLI)
Chapter 8 Market Breakdown by Vehicle Type
  • Overview
  • Passenger Cars
  • Vans
  • Buses
  • Trucks
  • Other Vehicles
  • Two-Wheelers
  • Offroad EVs
Chapter 9 Market Breakdown by Insulation Type
  • Overview
  • Thermal Insulation and Management
  • Acoustic Insulation
  • Electrical Insulation
Chapter 10 Market Breakdown by Application
  • Overview
  • Under the Hood and Battery Pack
  • Interior
  • Acoustic Insulation
  • Thermal Insulation
  • Vibration Damping
  • Fire-Resistant Insulation
  • Sustainable and Recycled Insulation
  • Aerogel Insulation
  • Material Phase Change
  • Other Applications
  • Shielding against EMI
  • Waterproofing and Corrosion Protection
  • Aerodynamic Insulation
  • Impact Resistance and Crash Safety
Chapter 11 Market Breakdown by Region
  • Overview
  • North America
  • Canada
  • Mexico
  • Europe
  • Germany
  • Norway
  • U.K.
  • France
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
  • Rest of the World (RoW)
  • Middle East
  • Africa
  • South America
Chapter 12 Sustainability in the Market for EV Insulation: An ESG Perspective
  • Overview
  • Future of ESG in the EV Insulation Industry
  • 3M and BASF: Two Examples of Successful Implementation of ESG
  • Concluding Remarks
Chapter 13 Patent Analysis
  • Overview
  • Key Recently Granted Patents
Chapter 14 M&A and Funding Outlook
  • M&A Analysis
  • Start-up Funding in the EV Insulation Industry
Chapter 15 Competitive Intelligence
  • Overview
  • Market Share Analysis
  • Market Strategy Analysis for EV Insulation
  • Product Launches
  • Partnerships
  • Acquisitions
  • Market Developments
  • Acquisitions
  • Site Expansions
Chapter 16 Company Profiles
  • 3M
  • ADLER PELZER HOLDING GMBH
  • AUTONEUM HOLDING AG
  • BASF SE
  • DUPONT DE NEMOURS INC.
  • ELMELIN LTD.
  • ITW FORMEX
  • MORGAN ADVANCED MATERIALS PLC
  • PYROPHOBIC SYSTEMS LTD.
  • SAINT-GOBAIN
  • TECMAN ADVANCED MATERIAL ENGINEERS
  • UNIFRAX
  • VON ROLL HOLDING AG
  • ZOTEFOAMS PLC
Chapter 17 Appendix: Acronyms
  • Acronyms Used in this Report
List of Tables
Summary Table: Global Market for EV Insulation, by Region, Through 2028
Table 1: Global Market for EV Insulation, by Product Type, Through 2028
Table 2: Global Market for Thermal Interface Materials in EV Insulation, by Region, Through 2028
Table 3: Global Market for Ceramic EV Insulation, by Region, Through 2028
Table 4: Global Market for Foamed Plastics in EV Insulation, by Region, Through 2028
Table 5: Global Market for EV Insulation for Other Materials, by Region, Through 2028
Table 6: Global Market for EV Insulation, by Propulsion Type, Through 2028
Table 7: Global Market for EV Insulation for BEVs, by Region, Through 2028
Table 8: Global Market for EV Insulation for PHEVs, by Region, Through 2028
Table 9: Global Market for EV Insulation for HEVs, by Region, Through 2028
Table 10: Global Market for EV Insulation for FCEVs, by Region, Through 2028
Table 11: Global Market for EV Insulation, by Vehicle Type, Through 2028
Table 12: Global Market for EV Insulation for Passenger Cars, by Region, Through 2028
Table 13: Global Market for EV Insulation for Vans, by Region, Through 2028
Table 14: Global Market for EV Insulation for Buses, by Region, Through 2028
Table 15: Global Market for EV Insulation for Trucks, by Region, Through 2028
Table 16: Global Market for EV Insulation for Other Types of Vehicles, by Region, Through 2028
Table 17: Global Market for EV Insulation, by Insulation Type, Through 2028
Table 18: Global Market for Thermal Insulation and Management in EVs, by Region, Through 2028
Table 19: Global Market for Acoustic Insulation in EVs, by Region, Through 2028
Table 20: Global Market for Electrical Insulation in EVs, by Region, Through 2028
Table 21: Global Market for EV Insulation, by Application, Through 2028
Table 22: Global Market for EV Insulation for Under the Hood and Battery Pack Applications, by Region, Through 2028
Table 23: Global Market for EV Insulation for Interior Applications, by Region, Through 2028
Table 24: Global Market for EV Insulation for Other Applications, by Region, Through 2028
Table 25: Global Market for EV Insulation, by Region, Through 2028
Table 26: North American Market for EV Insulation, by Country, Through 2028
Table 27: North American Market for EV Insulation, by Product Type, Through 2028
Table 28: North American Market for EV Insulation, by Insulation Type, Through 2028
Table 29: North American Market for EV Insulation, by Propulsion Type, Through 2028
Table 30: North American Market for EV Insulation, by Vehicle Type, Through 2028
Table 31: North American Market for EV Insulation, by Application, Through 2028
Table 32: European Market for EV Insulation, by Country, Through 2028
Table 33: European Market for EV Insulation, by Product Type, Through 2028
Table 34: European Market for EV Insulation, by Insulation Type, Through 2028
Table 35: European Market for EV Insulation, by Propulsion Type, Through 2028
Table 36: European Market for EV Insulation, by Vehicle Type, Through 2028
Table 37: European Market for EV Insulation, by Application, Through 2028
Table 38: Asia-Pacific Market for EV Insulation, by Country, Through 2028
Table 39: Asia-Pacific Market for EV Insulation, by Product Type, Through 2028
Table 40: Asia-Pacific Market for EV Insulation, by Insulation Type, Through 2028
Table 41: Asia-Pacific Market for EV Insulation, by Propulsion Type, Through 2028
Table 42: Asia-Pacific Market for EV Insulation, by Vehicle Type, Through 2028
Table 43: Asia-Pacific Market for EV Insulation, by Application, Through 2028
Table 44: RoW Market for EV Insulation, by Region, Through 2028
Table 45: RoW Market for EV Insulation, by Product Type, Through 2028
Table 46: RoW Market for EV Insulation, by Insulation Type, Through 2028
Table 47: RoW Market for EV Insulation, by Propulsion Type, Through 2028
Table 48: RoW Market for EV Insulation, by Vehicle Type, Through 2028
Table 49: RoW Market for EV Insulation, by Application, Through 2028
Table 50: Environmental Metrics for the EV Insulation Industry
Table 51: Social Factors for the EV Insulation Industry
Table 52: Governance Factors for the EV Insulation Industry
Table 53: ESG Scores for EV Insulation Companies
Table 54: M&A, November 2021-August 2023
Table 55: Startups Fundings in EV Insulation, February 2022-July 2022
Table 56: Recent Product Introductions in the Market for EV Insulation
Table 57: Partnerships in the Market for EV Insulation, May 2022 to September 2023
Table 58: Recent Acquisitions in the Market for EV Insulation
Table 59: Expansions in the Market for EV Insulation, April 2022 to July 2023
Table 60: Innovations in the Market for EV Insulation, May 2022 to August 2023
Table 61: 3M: Annual Revenue, 2021 and 2022
Table 62: 3M: EV Insulation Product Portfolio
Table 63: Adler Pelzer Holding GmbH: EV Insulation Product Portfolio
Table 64: Autoneum Holding AG: Annual Revenue, 2021 and 2022
Table 65: Autoneum Holding AG: Recent Developments
Table 66: Autoneum Holding AG: EV Insulation Product Portfolio
Table 67: BASF SE: Annual Revenue, 2021 and 2022
Table 68: BASF SE: Recent Developments
Table 69: BASF SE: EV Insulation Product Portfolio
Table 70: DuPont de Nemours Inc.: Annual Revenue, 2021 and 2022
Table 71: DuPont de Nemours Inc.: Recent Developments
Table 72: DuPont de Nemours Inc.: EV Insulation Product Portfolio
Table 73: Elmelin Ltd: EV Insulation Product Portfolio
Table 74: ITW Formex: EV Insulation Product Portfolio
Table 75: Morgan Advanced Materials plc: Annual Revenue, 2021 and 2022
Table 76: Morgan Advanced Materials plc: Recent Developments
Table 77: Morgan Advanced Materials plc: EV Insulation Product Portfolio
Table 78: Pyrophobic Systems Ltd.: Recent Developments
Table 79: Pyrophobic Systems Ltd.: EV Insulation Portfolio
Table 80: Saint-Gobain: Annual Revenue, 2021 and 2022
Table 81: Saint-Gobain: EV Insulation Product Portfolio
Table 82: Tecman Advanced Material Engineers: EV Insulation Product Portfolio
Table 83: Unifrax: EV Insulation Product Portfolio
Table 84: Von Roll Holding AG: Annual Revenue, 2021 and 2022
Table 85: Von Roll Holding AG: News, 2023
Table 86: Von Roll Holding AG: EV Insulation Product Portfolio
Table 87: Zotefoams plc: Annual Revenue, 2021 and 2022
Table 88: Zotefoams plc: EV Insulation Product Portfolio
Table 89: Acronyms Used in This Report
List of Figures
Figure A: Research Methodology
Summary Figure: Global Market Shares of EV Insulation, by Region, 2022
Figure 1: Evolution of EV Insulation Technology
Figure 2: Value Chain of the Market for EV Insulation
Figure 3: Porter’s Five Forces Model in the Market for EV Insulation
Figure 4: Drivers of the Market for EV Insulation
Figure 5: Market Restraints for EV Insulation
Figure 6: Market Challenges for EV Insulation
Figure 7: Opportunities in the Market for EV Insulation
Figure 8: Emerging Technologies in the Market for EV Insulation
Figure 9: Trends in EV Insulation
Figure 10: Global Market Shares of EV Insulation, by Product Type, 2022
Figure 11: Global Market Shares of EV Insulation, by Product Type, 2028
Figure 12: Global Market Shares of Thermal Interface Materials in EV Insulation, by Region, 2022
Figure 13: Global Market Shares of Thermal Interface Materials in EV Insulation, by Region, 2028
Figure 14: Global Market Shares of Ceramic EV Insulation, by Region, 2022
Figure 15: Global Market Shares of Ceramic EV Insulation, by Region, 2028
Figure 16: Global Market Shares of Foamed Plastics in EV Insulation, by Region, 2022
Figure 17: Global Market Shares of Foamed Plastics in EV Insulation, by Region, 2022
Figure 18: Global Market Shares of Other Materials in EV Insulation, by Region, 2022
Figure 19: Global Market Shares of Other Materials in EV Insulation, by Region, 2028
Figure 20: Global Market Shares of EV Insulation, by Propulsion Type, 2022
Figure 21: Global Market Shares of EV Insulation, by Propulsion Type, 2028
Figure 22: Global Market Shares of EV Insulation for BEVs, by Region, 2022
Figure 23: Global Market Shares of EV Insulation for BEVs, by Region, 2028
Figure 24: Global Market Shares of EV Insulation for PHEVs, by Region, 2022
Figure 25: Global Market Shares of EV Insulation for PHEVs, by Region, 2028
Figure 26: Global Market Shares of EV Insulation for HEVs, by Region, 2022
Figure 27: Global Market Shares of EV Insulation for HEVs, by Region, 2028
Figure 28: Global Market Shares of EV Insulation for FCEVs, by Region, 2022
Figure 29: Global Market Shares of EV Insulation for FCEVs, by Region, 2028
Figure 30: Global Market Shares of EV Insulation, by Vehicle Type, 2022
Figure 31: Global Market Shares of EV Insulation, by Vehicle Type, 2028
Figure 32: Global Market Shares of EV Insulation for Passenger Cars, by Region, 2022
Figure 33: Global Market Shares of EV Insulation for Passenger Cars, by Region, 2028
Figure 34: Global Market Shares of EV Insulation for Vans, by Region, 2022
Figure 35: Global Market Shares of EV Insulation for Vans, by Region, 2028
Figure 36: Global Market Shares of EV Insulation for Buses, by Region, 2022
Figure 37: Global Market Shares of EV Insulation for Buses, by Region, 2028
Figure 38: Global Market Shares of EV Insulation for Trucks, by Region, 2022
Figure 39: Global Market Shares of EV Insulation for Trucks, by Region, 2028
Figure 40: Global Market Shares of EV Insulation for Other Types of Vehicles, by Region, 2022
Figure 41: Global Market Shares of EV Insulation for Other Types of Vehicles, by Region, 2028
Figure 42: Global Market Shares of EV Insulation, by Insulation Type, 2022
Figure 43: Global Market Shares of EV Insulation, by Insulation Type, 2028
Figure 44: Global Market Shares of Thermal Insulation and Management in EVs, by Region, 2022
Figure 45: Global Market Shares of Thermal Insulation and Management in EVs, by Region, 2028
Figure 46: Global Market Shares of Acoustic Insulation in EVs, by Region, 2022
Figure 47: Global Market Shares of Acoustic Insulation in EVs, by Region, 2028
Figure 48: Global Market Shares of Electrical Insulation in EVs, by Region, 2022
Figure 49: Global Market Shares of Electrical Insulation in EVs, by Region, 2028
Figure 50: Global Market Shares of EV Insulation by Application, 2022
Figure 51: Global Market Shares of EV Insulation, by Application, 2028
Figure 52: Global Market Shares of EV Insulation for Under the Hood and Battery Pack Applications, by Region, 2022
Figure 53: Global Market Shares of EV Insulation for Under the Hood and Battery Pack Applications, by Region, 2028
Figure 54: Global Market Shares of EV Insulation for Interior Applications, by Region, 2022
Figure 55: Global Market Shares of EV Insulation for Interior Applications, by Region, 2028
Figure 56: Global Market Shares of EV Insulation for Other Applications, by Region, 2022
Figure 57: Global Market Shares of EV Insulation for Other Applications, by Region, 2028
Figure 58: Global Market Shares of EV Insulation, by Region, 2022
Figure 59: Global Market Shares of EV Insulation, by Region, 2028
Figure 60: North American Market Shares of EV Insulation, by Country, 2022
Figure 61: North American Market Shares of EV Insulation, by Country, 2028
Figure 62: North American Market Shares of EV Insulation, by Product Type, 2022
Figure 63: North American Market Shares of EV Insulation, by Product Type, 2028
Figure 64: North American Market Shares of EV Insulation by Insulation Type, 2022
Figure 65: North American Market Shares of EV Insulation, by Insulation Type, 2028
Figure 66: North American Market Shares of EV Insulation, by Propulsion Type, 2022
Figure 67: North American Market Shares of EV Insulation, by Propulsion Type, 2028
Figure 68: North American Market Shares of EV Insulation, by Vehicle Type, 2022
Figure 69: North American Market Shares of EV Insulation, by Vehicle Type, 2028
Figure 70: North American Market Shares of EV Insulation by Application, 2022
Figure 71: North American Market Shares of EV Insulation, by Application, 2028
Figure 72: European Market Shares of EV Insulation, by Country, 2022
Figure 73: European Market Shares of EV Insulation, by Country, 2028
Figure 74: European Market Shares of EV Insulation, by Product Type, 2022
Figure 75: European Market Shares of EV Insulation, by Product Type, 2028
Figure 76: European Market Shares of EV Insulation by Insulation Type, 2022
Figure 77: European Market Shares of EV Insulation, by Insulation Type, 2028
Figure 78: European Market Shares of EV Insulation, by Propulsion Type, 2022
Figure 79: European Market Shares of EV Insulation, by Propulsion Type, 2028
Figure 80: European Market Shares of EV Insulation, by Vehicle Type, 2022
Figure 81: European Market Shares of EV Insulation, by Vehicle Type, 2028
Figure 82: European Market Shares of EV Insulation by Application, 2022
Figure 83: European Market Shares of EV Insulation, by Application, 2028
Figure 84: Asia-Pacific Market Shares of EV Insulation, by Country, 2022
Figure 85: Asia-Pacific Market Shares of EV Insulation, by Country, 2028
Figure 86: Asia-Pacific Market Shares of EV Insulation, by Product Type, 2022
Figure 87: Asia-Pacific Market Shares of EV Insulation, by Product Type, 2028
Figure 88: Asia-Pacific Market Shares of EV Insulation by Insulation Type, 2022
Figure 89: Asia-Pacific Market Shares of EV Insulation, by Insulation Type, 2028
Figure 90: Asia-Pacific Market Shares of EV Insulation, by Propulsion Type, 2022
Figure 91: Asia-Pacific Market Shares of EV Insulation, by Propulsion Type, 2028
Figure 92: Asia-Pacific Market Shares of EV Insulation, by Vehicle Type, 2022
Figure 93: Asia-Pacific Market Shares of EV Insulation, by Vehicle Type, 2028
Figure 94: Asia-Pacific Market Shares of EV Insulation by Application, 2022
Figure 95: Asia-Pacific Market Shares of EV Insulation, by Application, 2028
Figure 96: RoW Market Shares of EV Insulation, by Region, 2022
Figure 97: RoW Market Shares of EV Insulation, by Region, 2028
Figure 98: RoW Market Shares of EV Insulation, by Product Type, 2022
Figure 99: RoW Market Shares of EV Insulation, by Product Type, 2028
Figure 100: RoW Market Shares of EV Insulation by Insulation Type, 2022
Figure 101: RoW Market Shares of EV Insulation, by Insulation Type, 2028
Figure 102: RoW Market Shares of EV Insulation, by Propulsion Type, 2022
Figure 103: RoW Market Shares of EV Insulation, by Propulsion Type, 2028
Figure 104: RoW Market Shares of EV Insulation, by Vehicle Type, 2022
Figure 105: RoW Market Shares of EV Insulation, by Vehicle Type, 2028
Figure 106: RoW Market Shares of EV Insulation by Application, 2022
Figure 107: RoW Market Shares of EV Insulation, by Application, 2028
Figure 108: Company Patent Shares of EV Insulation, 2022
Figure 109: Company Market Shares of EV Insulation, 2022
Figure 110: Distribution Shares of Strategies Used in the Market for EV Insulation, 2022
Figure 111: 3M: Annual Revenue, 2021 and 2022
Figure 112: 3M: Revenue Shares, by Business Unit, 2022
Figure 113: 3M: Revenue Shares, by Region, 2022
Figure 114: Autoneum Holding AG: Annual Revenue, 2021 and 2022
Figure 115: Autoneum Holding AG: Revenue Shares, by Business Unit, 2022
Figure 116: Autoneum Holding AG: Revenue Shares, by Region, 2022
Figure 117: BASF SE: Annual Revenue, 2021 and 2022
Figure 118: BASF SE: Revenue Shares, by Business Unit, 2022
Figure 119: BASF SE: Revenue Shares, by Region, 2022
Figure 120: DuPont de Nemours Inc.: Annual Revenue, 2021 and 2022
Figure 121: DuPont de Nemours Inc.: Revenue Shares, by Business Unit, 2022
Figure 122: DuPont de Nemours Inc.: Revenue Shares, by Region, 2022
Figure 123: Morgan Advanced Materials plc: Annual Revenue, 2021 and 2022
Figure 124: Morgan Advanced Materials plc: Revenue Shares, by Business Unit, 2022
Figure 125: Saint-Gobain: Annual Revenue, 2021 and 2022
Figure 126: Saint-Gobain: Revenue Shares, by Region, 2022
Figure 127: Von Roll Holding AG: Annual Revenue, 2021 and 2022
Figure 128: Von Roll Holding AG: Revenue Shares, by Business Unit, 2022
Figure 129: Von Roll Holding AG: Revenue Shares, by Region, 2022
Figure 130: Zotefoams plc: Annual Revenue, 2021 and 2022
Figure 131: Zotefoams plc: Revenue Shares, by Business Unit, 2022
Figure 132: Zotefoams plc: Revenue Shares, by Region, 2022

Executive Summary

In the rapidly changing environment of sustainable transportation, EVs have emerged as an alternative to conventional internal combustion engine (ICE) vehicles. High-voltage battery systems are used in EV propulsion and storage. These batteries have many cells, each operating at up to hundreds of volts. Strong insulation materials prevent electrical problems, short circuits and fires. The EV insulation industry specializes in creating materials that can survive the harsh conditions of battery packs.

Thermal insulation is one of the essential elements of EV insulation. Significant heat is produced during EV batteries' charging and discharging cycles, making it crucial to maintain ideal operating temperatures. The lifespan and performance of the battery are increased thanks to the efficient management and dissipation of this heat by thermally conductive insulation materials. These materials also guarantee that the surrounding systems and components operate at safe temperatures.

In EVs, electrical insulation is equally important. The risk of electrical arcing and short circuits is increased by the fact that EVs have voltage levels that are substantially higher than those in conventional automobiles. As a barrier between conductive components, insulation materials shield against these problems, assuring the dependable and secure operation of the car's electrical systems. Electrical insulation materials also improve energy efficiency by minimizing power losses from leakage currents.

As the EV market grows, manufacturers are investing in R& D to produce new materials with improved thermal and electrical qualities, durability and sustainability. Innovations such as solid-state batteries and improvements in electric motor technology are also driving the demand for insulation that can support these emerging technologies. As EVs' popularity increases, safety regulations and requirements are tightening. The EV insulation market must adapt to these changing requirements to guarantee that materials adhere to the highest environmental and safety standards.

Companies Mentioned

  • 3M
  • Adler Pelzer Holding Gmbh
  • Autoneum Holding Ag
  • BASF SE
  • Dupont De Nemours Inc.
  • Elmelin Ltd.
  • ITW Formex
  • Morgan Advanced Materials Plc
  • Pyrophobic Systems Ltd.
  • Saint-Gobain
  • Tecman Advanced Material Engineers
  • Unifrax
  • Von Roll Holding Ag
  • Zotefoams PLC

Table Information