Pacific Thermal Runaway Protection Materials for EV Battery Market

The Asia Pacific Thermal Runaway Protection Materials for EV Battery market size was valued at US$ 156.3 million in 2024 and is projected to reach US$ 287.9 million by 2030, at a CAGR of 10.7% during the forecast period 2024-2030.

Thermal runaway protection materials for EV batteries are specialized substances designed to prevent or mitigate thermal runaway events in lithium-ion batteries, enhancing safety and reliability of electric vehicles.

The Asia Pacific thermal runaway protection materials market is growing rapidly, driven by the booming electric vehicle industry in the region. China leads with a 50% market share, followed by Japan at 20% and South Korea at 15%. In 2023, phase change materials accounted for 40% of the market, followed by intumescent coatings at 30% and ceramic separators at 20%. The market experienced a 25% growth in demand for nano-engineered materials with superior heat dissipation properties. Key players include Panasonic Corporation (Japan) and Guangdong Dowstone Technology Co., Ltd. (China), holding a combined 40% market share in the region. The industry is investing heavily in next-generation materials, with a 30% increase in R&D spending on advanced ceramic composites in 2023. Challenges include balancing thermal protection with battery energy density, leading to a 15% focus on lightweight solutions. Government safety regulations have driven a 20% increase in adoption of multi-layer protection systems. The market is benefiting from collaborations between material scientists and battery manufacturers, with a 35% rise in joint development projects aimed at enhancing EV battery safety.

Report Includes

Pacific Thermal Runaway Protection Materials for EV Battery Market is an essential reference for who looks for detailed information on Asia Pacific Thermal Runaway Protection Materials for EV Battery . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Thermal Runaway Protection Materials for EV Battery , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Thermal Runaway Protection Materials for EV Battery Market aims to provide a comprehensive presentation of the Asia Pacific Thermal Runaway Protection Materials for EV Battery , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermal Runaway Protection Materials for EV Battery . Pacific Thermal Runaway Protection Materials for EV Battery Market contains market size and forecasts of Thermal Runaway Protection Materials for EV Battery in Asia Pacific, including the following market information:

We surveyed the Thermal Runaway Protection Materials for EV Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    Silicone Material

•    Conductive Tapes

•    Others

by Application:

•    Passenger Cars

•    Commercial Vehicles

key players include: (At least 8-10 companies included)

•    LG Chem

•    Samsung SDI

•    Panasonic

•    CATL

•    BYD Co Ltd

•    SK Innovation

•    Mitsubishi Chemical

•    Toshiba

•    GS Yuasa

•    Amperex Technology Limited (ATL)

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Thermal Runaway Protection Materials for EV Battery revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies Thermal Runaway Protection Materials for EV Battery revenues share in Asia Pacific market, 2023 (%)

•    Key companies Thermal Runaway Protection Materials for EV Battery sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies Thermal Runaway Protection Materials for EV Battery sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of Thermal Runaway Protection Materials for EV Battery

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Thermal Runaway Protection Materials for EV Battery capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Thermal Runaway Protection Materials for EV Battery manufacturers

•    Thermal Runaway Protection Materials for EV Battery forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.