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    Electric Vehicle Insulation Market | Covid-19 Impact Analysis

    Electric Vehicle Insulation Market | Covid-19 Impact Analysis

    Electric Vehicle Insulation Market | Covid-19 Impact Analysis
    Report code - SRAM451 Delivery - 2 Weeks
    Electric Vehicle Insulation Market Size, Share, Trend, Forecast, & Industry Analysis & See more...
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    Impact of COVID-19 on Electric Vehicle Insulation Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Electric Vehicle Insulation Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Electric Vehicle Insulation Market Insights

    Electric Vehicle Insulation market is likely to witness an impressive CAGR of 26.7% during the forecast period. The surge in production of electric vehicle insulation in countries such as China, the US, and Germany, among other countries, is likely to bolster the market growth for electric vehicle insulation, during the forecast period.

    Electric Vehicle Insulation Market - Snapshot

    Growth

    26.7% for the next five years

    Major Product Type

    Foamed Plastics

    Dominant Propulsion Type

    BEV

    Dominant Application Type

    Bonnet and Battery Pack

    Major Insulation Type

    Thermal Insulation & Management

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, The 3M Company, Morgan Advanced Materials, DuPont,

    Zotefoams plc, ITW Inc., Saint-Gobain, Von Roll Holding AG,

    Autoneum, Alder Pelzer Holding GmbH, Elmelin Ltd.

     

    Market Share Analysis

    Electric-Vehicle-Insulation-Market-Dominant-Segments

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    Electric Vehicle Insulation Market Share: By Product Type

    Based on the product type, the market is segmented as thermal interface materials (TIM), foamed plastics, ceramic, and others. The foamed plastics segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The growth of the segment is directly driven by the growing demand for lightweight and impact-resistant insulation materials in the electric vehicle industry.

    Electric Vehicle Insulation Market Share: By Propulsion Type

    Based on the propulsion type, the electric vehicle insulation market is segmented as Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Hybrid Electric Vehicle (HEV), and Fuel Cell Electric Vehicle (FCEV). The BEV segment is estimated to lead the market governed by its emission-free technology and its large battery pack.

    Electric Vehicle Insulation Market Share: By Application Type

    Based on the application type, the market is segmented as under the bonnet and battery pack, interior, and others. The under the bonnet and battery pack application segment is expected to dominate the market during the forecast period. The growth of the segment is owing to the need to insulate electric motor and battery, among other components, considering BEVs; and electric motor, internal combustion engine (ICE), battery among a host of other components in case of PHEVs.

    Electric Vehicle Insulation Market Share: By Insulation Type

    Based on the insulation type, the market is segmented as thermal insulation & management, electrical, and acoustic. The thermal insulation & management application segment is estimated to govern the market during the forecast period. The growing demand for high capacity batteries is the major factor propelling the demand for thermal insulation & management in battery packs, which in turn, is contributing to the growth of the segment.

    Electric Vehicle Insulation Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing electric vehicle insulation market during the forecast period, with China being the major region with lucrative growth opportunities. The growth of the market is driven by the presence of major electric vehicle manufacturers such as BYD, Geely, SAIC, Chery Automobile, JAC Motors, and Zotye Automobile, creating a positive impact on the market. The growing concern to reduce greenhouse gas emissions is also creating an increase in the demand for electric vehicle insulation in the region.

    Electric-Vehicle-Insulation-Market-By-Region

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    Some of the major electric vehicle insulation manufacturers are-

    • BASF SE
    • The 3M Company
    • Morgan Advanced Materials
    • DuPont
    • Zotefoams plc
    • ITW Inc.
    • Saint-Gobain
    • Von Roll Holding AG
    • Autoneum
    • Alder Pelzer Holding GmbH
    • Elmelin Ltd.

     

    Market Scope & Segmentation

    Electric vehicle insulation market is expected to grow with the rising concern over pollution, heavy investments by the automakers in electric vehicles, increasing demand for high-density batteries and high range vehicles is driving the market towards excellent growth.

    Electric vehicle insulations are of different types, such as TIM, foamed plastics, ceramic, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Electric Vehicle Insulation Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The electric vehicle insulation market is segmented into the following categories. 

    Electric Vehicle Insulation Market Size, Share, & Forecast, by Product Type:

    • Foamed Plastics
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Product Type Analysis: Polyurethane, Polypropylene, and Others)
    • Thermal Interface Materials (TIM) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Ceramic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electric Vehicle Insulation Market Size, Share, & Forecast, by Application Type:

    • Under the Bonnet and Battery Pack (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Interior (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electric Vehicle Insulation Market Size, Share, & Forecast, by Insulation Type:

    • Thermal Insulation & Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Acoustic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electric Vehicle Insulation Market Size, Share, & Forecast, by Propulsion Type:

    • Battery Electric Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plug-In Hybrid Electric Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hybrid Electric Vehicle (HEV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fuel Cell Electric Vehicle (FCEV) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electric Vehicle Insulation Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Electric Vehicle Insulation Market in the foreseeable future?

    The electric vehicle insulation market is expected to witness an impressive growth of 26.7% CAGR in the foreseeable future.

    Who are the key players in the Electric Vehicle Insulation Market?

    BASF SE, The 3M Company, Morgan Advanced Materials, DuPont, Zotefoams plc, ITW Inc., Saint-Gobain, Von Roll Holding AG, Autoneum, and Alder Pelzer Holding GmbH, Elmelin Ltd are among the key players in the Electric vehicle Insulation Market.

    Which country/region is expected to be the largest Electric Vehicle Insulation Market?

    Asia-Pacific is expected to be the largest electric vehicle insulation market during the forecast period.

    Which product type is expected to remain dominant in the Electric Vehicle Insulation Market?

    The foamed plastic segment is expected to remain dominant in the electric vehicle insulation market in the coming years.

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