The global electric vehicle insulation market size was estimated at $1.3 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 19% from 2021 to 2027. Drive market growth during the forecast period. In addition, the market will be driven by increasing demand for battery-powered EVs due to strict government regulations on vehicle emissions. Governments around the world are providing subsidies to increase electric vehicle adoption by reducing oil consumption and pollution.
A full report of Electric Vehicle Insulation Market available at https://www.orionmarketreports.com/electric-vehicle-insulation-market/38174/
Electric Vehicle Insulation Market Segmentations
By Insulation Type
• Acoustic
• Thermal
• Electrical
By Product Type
• Thermal Interface Material
• Ceramic
• Foamed plastic
By Application
• Battery Pack
• Under the Bonnet
• Interiors
• Others
Propulsion Type
• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PEHV)
• Fuel Cell Electric Vehicle (FCEV)
• Hybrid Electric Vehicle (EEV)
Company profiles
• Saint-Gobain
• Parker Hannifin Corp
• Elkem Silicones
• Knauf Industries
• BASF SE
• Zotefoams Plc
• 3M
• Elmelin Ltd.
• Pyrophobic Systems Ltd.
• Morgan Advanced Materials
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
