Electric Vehicle Insulation Market Trends, Reginal Opportunities & Growth Outlook To 2030

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Electric Vehicle Insulation Market Trends,
Reginal Opportunities Growth Outlook To 2030
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Industry Overview

• With the rapid energy transition, the adoption of
  fully electric vehicles is picking up pace
  worldwide. As a result, high-temperature electric
  vehicle insulation materials are becoming
  imperative to protect against electrical
  breakdown and minimize magnetic losses.
• Over the years, strict regulatory standards have
  been introduced for enhanced protection of EVs
  against electric shock and increased longevity. A
  notable example is the introduction of proposed
  standards for Recognition, Regulation, and
  Control of ATS (Automated Testing Stations) in
  2022. Under these regulations, EVs must undergo
  insulation resistance measurement and tests
  before being certified as fit. Initiatives such
  as these will likely augment the demand for
  insulation monitoring devices for electric
  vehicles.
• Another key reason behind the expansion of the
  electric vehicle insulation market is the mass
  recall of EVs by Okinawa and other prominent
  manufacturers due to fire issues involving their
  batteries. Electric insulation strength is a
  major parameter associated with the safety and
  reliability of power semiconductor modules. The
  growing risk of fire explosion will therefore
  encourage more EV manufacturers to seek
  insulation solutions for battery packs.
• Since fully electric vehicles continue to make a
  larger share in the automobile industry, the need
  for manufacturing efficiency and fire safety has
  increased. To provide superior insulation and
  protect against electric shocks and other risks
  arising from batteries and other EV components, a
  range of high-performance materials have been
  designed. With the burgeoning cases of EV
  explosion, the electric vehicle insulation market
  will witness a considerable growth trajectory
  over the years ahead.

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Continue

• Alkegens AlkeGel material for EV battery fire
  protection and thermal management Prominent
  specialty material platforms are making inroads
  into the fiber-based aerogel composite material
  sector. These initiatives were aimed at designing
  insulating solutions for critical applications in
  EV and battery safety, industrial thermal
  management, and fire protection segments.
• For example, in April 2022, Alkegen launched
  AlkeGel, its next-generation flexible aerogel
  material, for fire protection applications of EVs
  and batteries. This latest proprietary technology
  was developed to offer superior thermal
  performance, exceptionally low thermal
  conductivity and dustiness, and a reduction in
  insulation thicknesses as compared to
  counterparts.
• Noise, vibration, and harshness (NVH) levels
  inside the car cabin have become key parameters
  that determine the quality of passenger comfort.
  Since motors and ancillary systems appear to be
  new noise sources in electric and hybrid-electric
  vehicles, the need for acoustic insulation has
  surged. Based on data from a Global Market
  Insights Inc. report, the electric vehicle
  insulation industry value from the acoustic
  insulation segment will be more than USD 350
  million by 2030.

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