Report Description Table of Contents Introduction And Strategic Context The Global Fire Protection Materials for EV Batteries Market is expected to grow rapidly at a 14.25% CAGR, increasing from USD 259.80 million in 2022 to USD 754.20 million by 2030, fueled by fire retardant materials, EV battery packs, thermal insulation, electric vehicle safety, battery energy storage, and advanced materials, reports Strategic Market Research. Manufacturers of EV batteries and OEMs are working together to find more effective ways to produce batteries at scale as the adoption and innovation of EVs pick up speed. Electric vehicles have gained popularity among consumers concerned about the environment as the automobile industry shifts towards cleaner energy sources. EVs have an excellent range and performance because lithium-ion batteries power their electric motors. But along with the advantages come certain risks, and one of the biggest worries is the possibility of lithium-ion battery fires. Fire protection remains essential to ensure the highest possible safety of vehicle batteries in case of accidents and fires, especially with stricter regulatory requirements. Battery safety is influenced by many factors, such as cell chemistry, cell format, and heat management. Despite all the improvements, the risk of thermal runaway in Li-ion batteries still exists. Hence, using passive fire protection materials is a crucial strategy to ensure the safety of electric vehicle (EV) batteries. Although lithium-ion batteries have many benefits, they also pose safety risks. These batteries have materials that are highly reactive and combustible, which can cause thermal runaway. Numerous factors, such as overcharging, production flaws, physical damage, and exposure to high temperatures, can cause thermal runaway. There has been a significant increase in the number of fires involving electric cars, with over 250 recorded in 2022 alone. The National Fire Protection Association (NFPA) states that the risk of an electric vehicle (EV) catching fire is one in every 11,000,000 miles driven. This is much lower compared to the risk of a gasoline-powered car catching fire, which is roughly one per 10,000 miles driven. Therefore, EVs are safer in terms of fire risks than traditional gasoline-powered cars. Comprehensive Market Snapshot The Global Fire Protection Materials for EV Batteries Market is expected to grow rapidly at a 14.25% CAGR, increasing from USD 259.80 million in 2022 to USD 754.20 million by 2030, driven by EV thermal runaway mitigation, battery pack safety regulations, and rising EV production volumes. Regional Market Sizing USA Market was estimated at USD 25.98 million in 2022, and at a 13.14% CAGR, it is projected to reach USD 69.40 million by 2030, reflecting its 10% market share. Europe Market was valued at USD 51.96 million in 2022, and growing at a 12.03% CAGR, it is expected to reach USD 128.20 million by 2030, accounting for a 20% market share. APAC Market stood at USD 103.92 million in 2022, and with the fastest growth at a 17.35% CAGR, it is projected to expand to USD 373.60 million by 2030, representing a dominant 40% market share. Regional Insights APAC accounted for the largest market share of 40% in 2022, supported by EV manufacturing concentration, battery gigafactories, and aggressive electrification mandates. APAC is also expected to expand at the fastest CAGR of 17.35% during 2022–2030, driven by China, South Korea, and Southeast Asia battery supply chains. By Battery Capacity Below 30 kWh battery systems accounted for 18% of the global market in 2022, with an estimated value of approximately USD 46.80 million, driven primarily by entry-level electric vehicles and two-wheelers. 30 kWh to 100 kWh battery systems represented 29% of the market in 2022, corresponding to around USD 75.34 million, supported by widespread adoption in mid-range electric passenger vehicles. 110 kWh to 200 kWh battery systems held the largest market share of 34% in 2022, reflecting the dominance of electric passenger cars and light commercial vehicles, with a market value of approximately USD 88.33 million. 210 kWh to 300 kWh battery systems accounted for 19% of the global market in 2022, valued at around USD 49.33 million, and are projected to grow at the fastest CAGR due to rising adoption in electric buses, trucks, and high-capacity fleet platforms. By Materials Encapsulants dominated the market in 2022 with a 31.86% share, equivalent to approximately USD 82.70 million, owing to their multifunctional role in fire containment, vibration damping, and structural stabilization. Coatings (intumescent & others) accounted for 17.0% of the global market in 2022, with an estimated value of around USD 44.17 million, driven by increasing demand for surface-level fire protection solutions. Ceramics & non-wovens represented 14.0% of the market in 2022, valued at approximately USD 36.37 million, supported by their high thermal resistance and insulation properties. Aerogels held an 11.0% market share in 2022, translating to around USD 28.58 million, driven by their lightweight structure and superior thermal insulation performance. Compression pads (fire-resistant) accounted for 9.0% of the market in 2022, with a market value of approximately USD 23.38 million, reflecting their role in mechanical stability and thermal protection. Mica represented 7.0% of the global market in 2022, valued at around USD 18.19 million, supported by its electrical insulation and flame-resistant characteristics. Phase change materials captured 6.0% of the market in 2022, equivalent to approximately USD 15.59 million, and are expected to grow at the fastest CAGR due to advancements in thermal buffering and heat absorption technologies. Other materials accounted for the remaining 4.14% market share in 2022, with an estimated value of around USD 10.80 million, encompassing emerging and niche fire-protection solutions. By Application Two-Wheelers (E-Motorbikes) accounted for 12.0% of the global market in 2022, with an estimated value of approximately USD 31.18 million, driven by increasing electrification of urban mobility. EV Passenger Cars led the market with a 77.02% share in 2022, equivalent to around USD 200.10 million, reflecting the large-scale adoption of passenger electric vehicles and stringent fire-risk mitigation requirements. EV Commercial Vehicles represented 10.98% of the market in 2022, valued at approximately USD 28.52 million, and are expected to grow at a strong CAGR due to larger battery packs, longer duty cycles, and stricter fleet safety regulations. Strategic Questions Driving the Next Phase of the Global Fire Protection Materials for EV Batteries Market What materials, technologies, battery architectures, and fire-mitigation functions are explicitly included within the Fire Protection Materials for EV Batteries Market, and which applications fall outside its scope? How does the Fire Protection Materials for EV Batteries Market differ structurally from adjacent markets such as thermal management systems, battery packaging materials, insulation materials, and passive fire safety components? What is the current and forecasted size of the Fire Protection Materials for EV Batteries Market, and how is total value distributed across material types, battery capacities, and EV platforms? How is revenue allocated between encapsulants, coatings, aerogels, ceramics, phase change materials, and other fire-resistant materials, and how is this mix expected to evolve over the forecast period? Which application segments (two-wheelers, passenger EVs, commercial EVs, buses, and heavy-duty vehicles) account for the largest and fastest-growing revenue pools? Which material segments contribute disproportionately to profit margins rather than installation volume alone, and why? How does demand differ across low-capacity, mid-capacity, and high-capacity battery packs, and how does this influence fire protection material selection? How are first-generation passive fire protection solutions evolving toward advanced, multifunctional, and integrated safety materials within EV battery systems? What role do material lifespan, replacement cycles, and long-term durability play in driving recurring revenue within this market? How are EV production volumes, battery energy density trends, and thermal runaway incident rates shaping demand across fire protection material segments? What technical, regulatory, or manufacturing constraints limit adoption of specific fire protection materials in EV battery packs? How do pricing pressure, OEM cost targets, and battery pack bill-of-materials optimization affect revenue realization for fire protection material suppliers? How strong is the current and mid-term innovation pipeline, and which emerging material technologies are likely to create new competitive sub-segments? To what extent will next-generation fire protection materials expand total addressable demand versus intensify competition within existing material categories? How are advances in lightweight materials, multifunctional formulations, and ease of integration improving performance, safety, and manufacturability? How will material commoditization, supplier consolidation, and standardization reshape competitive dynamics across individual segments? What role will low-cost alternatives, substitute materials, and regional suppliers play in price erosion and market accessibility? How are leading material manufacturers aligning R&D, partnerships, and OEM collaborations to defend or expand market share? Which geographic regions are expected to outperform global growth in fire protection materials for EV batteries, and which EV and battery segments are driving this outperformance? How should manufacturers, investors, and OEM partners prioritize material segments, battery capacities, and regions to maximize long-term value creation? Segment-Level Insights and Market Structure for Fire Protection Materials for EV Batteries Market The Fire Protection Materials for EV Batteries Market is structured around distinct material classes, battery configurations, and application environments that reflect differences in fire risk exposure, thermal runaway behavior, and system-level safety requirements. Each segment contributes differently to overall market value, competitive positioning, and future growth potential, shaped by battery energy density trends, EV platform design, and evolving safety regulations. Material Type Insights: Encapsulants Encapsulants represent a core segment within the fire protection materials landscape for EV batteries, owing to their multifunctional role in thermal insulation, structural reinforcement, and fire containment. These materials are widely used within battery modules to stabilize cells, reduce vibration, and limit the spread of heat during thermal events. From a market perspective, encapsulants benefit from broad applicability across vehicle categories and battery sizes, making them a consistent contributor to material demand. As battery architectures evolve toward higher energy density, encapsulation solutions are increasingly engineered to balance fire resistance with lightweight performance and manufacturability. Coatings (Intumescent and Fire-Resistant) Fire-resistant coatings form a strategically important segment, particularly for protecting battery enclosures, casings, and adjacent components. These materials are designed to react under high temperatures by expanding or forming protective char layers that slow heat transfer. Commercially, coatings are attractive due to their thin-layer application and compatibility with existing manufacturing processes. Their role is expanding as OEMs seek cost-effective fire mitigation solutions that add minimal weight while enhancing passive safety performance. Ceramics and Non-Woven Insulation Materials Ceramic-based and non-woven fire barriers are primarily used to physically isolate battery cells and modules, preventing flame propagation and thermal escalation. These materials are typically selected for high-temperature stability and electrical insulation properties. While their adoption is more selective due to brittleness and integration complexity, they play a critical role in high-risk battery configurations. Over time, improvements in flexibility and hybrid material design are expected to support wider adoption. Aerogels Aerogels represent a premium and innovation-driven segment, valued for their exceptional thermal insulation performance at extremely low thickness and weight. Their use is most prominent in high-end EV platforms and advanced battery systems where space optimization and thermal control are critical. Although cost remains a limiting factor, aerogels are gaining strategic importance as EV manufacturers pursue next-generation safety solutions for compact and high-capacity battery packs. Phase Change Materials Phase change materials (PCMs) are emerging as a complementary fire protection solution, functioning by absorbing and dissipating heat during abnormal thermal events. Their role is closely linked to thermal management strategies rather than standalone fire suppression. As battery systems become more thermally complex, PCMs are expected to gain relevance, particularly in conjunction with other fire protection materials. Other Materials This category includes mica sheets, fire-resistant compression pads, and hybrid composite materials that provide localized protection or structural spacing. These materials are often application-specific and selected based on design constraints, regulatory requirements, or cost considerations. While smaller in market share, they contribute to the overall robustness of battery fire safety systems. Battery Capacity Insights: Below 30 kWh Battery systems below 30 kWh primarily serve electric two-wheelers, micro-EVs, and compact urban mobility solutions. Fire protection requirements in this segment are relatively basic, focusing on localized thermal insulation, cell separation, and limited flame-retardant coverage. From a market perspective, this segment is volume-driven but value-light, as material usage per battery pack remains modest. Manufacturers emphasize cost efficiency, lightweight materials, and ease of integration, making this segment highly price-sensitive but stable in demand due to the scale of two-wheeler electrification in emerging markets. 30 kWh to 100 kWh The 30 kWh to 100 kWh segment represents a core volume segment of the market, encompassing mainstream EV passenger cars and light utility vehicles. Fire protection material demand in this category increases substantially due to higher cell counts, denser module configurations, and stricter OEM safety validation requirements. Materials such as encapsulants, coatings, and compression pads are widely adopted to manage thermal propagation and mechanical stress. Commercially, this segment offers a balance between scale and value, making it a key revenue contributor for fire protection material suppliers. 110 kWh to 200 kWh Battery packs in the 110 kWh to 200 kWh range are commonly used in premium EVs, SUVs, electric vans, and select commercial vehicles. Fire protection strategies in this segment are more comprehensive, often involving multi-layered material systems that combine thermal insulation, fire resistance, and structural reinforcement. From a market standpoint, this segment is value-intensive, as higher safety thresholds drive greater material content per vehicle. Suppliers serving this category benefit from closer collaboration with OEMs and higher customization requirements, supporting stronger margins relative to lower-capacity segments. 210 kWh to 300 kWh The 210 kWh to 300 kWh segment addresses heavy-duty EVs, electric buses, and high-capacity commercial fleets, where battery packs operate under prolonged load conditions and elevated thermal stress. Fire protection materials in this category must withstand extreme temperatures, prevent large-scale thermal runaway, and comply with stringent public safety regulations. As a result, advanced materials such as high-performance ceramics, aerogels, and hybrid fire-protection systems are increasingly deployed. Although lower in unit volume, this segment is strategically significant, as it represents the fastest-evolving safety requirements and the highest material value per installation. Application Insights: EV Passenger Cars EV passenger cars constitute the dominant application segment, reflecting the global scale of passenger EV production and heightened safety expectations. Fire protection materials in this segment are integrated at multiple levels of the battery pack, including cell, module, and enclosure layers. The segment benefits from continuous platform upgrades and regulatory scrutiny related to passenger safety. EV Commercial Vehicles Commercial EVs require more robust fire protection systems due to higher load demands, longer operating hours, and increased thermal stress. Material adoption in this segment tends to favor high-performance solutions, contributing to above-average revenue per vehicle. Growth is closely tied to fleet electrification initiatives and urban transportation policies. Two-Wheelers (E-Motorbikes) Electric two-wheelers represent a high-volume but cost-sensitive application segment. Fire protection materials are typically optimized for simplicity and affordability, with emphasis on basic insulation and containment. While margins are lower, expanding adoption of electric scooters and motorcycles supports incremental demand growth. Segment Evolution Perspective While foundational fire protection materials continue to anchor current battery safety designs, innovation-led segments such as aerogels, advanced encapsulants, and hybrid insulation systems are gradually reshaping the competitive landscape. At the same time, integration models are evolving alongside changes in battery architecture, manufacturing automation, and regulatory oversight. Together, these dynamics are expected to redefine how value, differentiation, and long-term growth are distributed across segments within the Fire Protection Materials for EV Batteries Market. Market Drivers Regulations greatly influence electric vehicle safety, and several regulations have been put into place to reduce the risk of thermal runaways. China was a pioneer in adopting thermal runaway-specific laws, which included the "5-minute rule," which mandates that automobiles warn occupants within five minutes of a fire incident. Manufacturers are forced to invest in cutting-edge fire protection materials to comply with stringent laws and safety standards set by governments and international organizations, ultimately reducing and preventing battery-related fires. Electric car safety depends on regulations, and different nations have varying safety requirements that automakers must follow. For various electric vehicle (EV) categories, the Ministry of Road Transport and Highways revised AIS 156 and AIS 038 Rev.2 standards on October 2022. Additional safety regulations regarding battery cells, BMS, on-board chargers, battery pack designs, and heat propagation owing to internal cell short circuits causing fire are included in these changes. To alter Sub-rule 4 of Rule 124 of the Central Motor Vehicles Rule (CMVR) 1989, the ministry has also released draft notification GSR 659 (E) dated August 25, 2022. Thus, the rising risk of fire in EV have compelled government to impose safety regulation, driving the demand for fire safety materials. The demand for fire protection materials in EV batteries is increasing due to safety issues caused by lithium-ion batteries in electric vehicles. Various factors can lead to EV battery fires. Thermal runaway, mechanical damage, production flaws, and environmental factors are some causes of battery cell hazards. Thermal runaway may cause discharge of poisonous gases, extreme heat, fires, or explosions. Lithium-ion batteries (LIBs) have gained significant attention due to their potential for providing efficient energy storage and promoting environmental sustainability. The poor safety performance of LIBs has become a major obstacle in the growth of the electric vehicle (EV) industry and its far-reaching effects. Numerous lithium-ion batteries (LIBs) have recently been recalled due to explosions and fire accidents. These incidents have resulted in severe economic issues for the related market sectors and significant damage to the reputation of LIBs. Consequently, the safety concerns of LIBs are now receiving more attention, and new safety methods are being developed to address these concerns. Restraints The market for electric vehicle (EV) batteries poses several challenges for fire protection materials. These challenges include cost issues, environmental impact issues, regulatory compliance, long-term durability requirements, consumer perception, global regulatory variability, and a lack of testing data. These factors may hinder the development and implementation of efficient fire protection materials for EV batteries. Opportunity Due to the rapid advancement of Li-ion battery technology, electric vehicles (EVs) have had a substantial impact on the worldwide automotive industry over the past ten years. The release of jet flames, toxic gas, fire, and explosions accompanies battery failure. Despite the increasing energy density of LIBs, unresolved fire safety issues are likely to result in a rise in EV fire accidents. In most cases, fires involving battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) originate in the battery power system, particularly those caused by self-ignition. The battery capacity in these vehicles plays a similar role to the amount of gasoline in the fuel tank of an ICEV powering the vehicle. Therefore, the battery pack's size and capacity and the fire hazard related to the battery cell and power system are crucial factors in the likelihood of an EV fire. The risk of fire in an EV increases with the number of batteries and the amount of energy they can store. However, as the potential fuel load increases, the risk of an EV fire also rises with an increase in the amount and capacity of batteries. Therefore, the need for fire protection materials will expand in the coming years due to the rising risk of fire in EVs and the rising battery capacity of EVs. Fast charging, more battery power, and technological advancements like moving from Si IGBT power inverters for traction to SiC MOSFETs, which have faster-switching frequencies, higher power densities, and consequently more heat dissipation issues, all enhance the risk of fire. For example, in China, new EV fire safety rules are also being created. Thermal interface material, flame-retardant material, and fire-protection material suppliers have potential as a result of these difficulties. Therefore, due to these risks, the market for fire protection materials has enormous growth potential in the future. Market Segmentation The market segmentation of fire protection materials in EV batteries is done on the basis of battery capacity, material, application, and region. By Battery Capacity Below 30 kWh 30 kWh to 100 kWh 210 kWh to 300 kWh 110 kWh to 200 kWh By Materials Aerogels Ceramics (and other non-wovens) Encapsulants Coatings (intumescent and other) Mica Compression pads (with fire protection properties) Phase change materials Other materials By Application Two-Wheelers (E-Motorbikes) EV Passenger Cars EV Commercial Vehicles By Region North America Canada United States Asia Pacific South Korea China Japan India Australia Rest of APAC Europe France Germany Spain Italy UK Rest of Europe Segments Analysis & Insights On the basis of materials, the encapsulants segment ruled the market in 2022 with a revenue share of 31.86%. Encapsulants are a large category of materials that mainly shield electronic components from hazardous chemical, mechanical, electrical, or thermal conditions. Battery experts are utilizing interstitial encapsulation techniques in addition to good thermal management techniques to offer even better protection. Foam encapsulation improves the rigidity and structure of battery packs by stabilizing the cells and protecting them from vibrations and shocks. This typically involves the use of materials including silicone foam, silicone, epoxy foam, epoxy, and polyurethane foam. For example, in EV battery modules, battery cells are potted and enclosed in H.B. Fuller's EV Protect 4006 polyurethane foam encapsulant. It protects against fire and mitigates the effects of the outside circumstances. The battery modules are less burdened by the lightweight material, which also reduces noise, vibration, and harshness. On the basis of application, the EV passenger car segment led the market with a revenue share of nearly 77.02% in 2022. In 2022, nearly 57.5 million passenger cars were sold, and the rising number of passenger cars increases the risk of fire. According to EV FireSafe, from 2010 to 2023, 0.0012% of electric passenger vehicles caught fire globally. Asia Pacific is the biggest regional market, with a revenue share of nearly 41.56% in 2022. China led the Asia Pacific market with a revenue share of 89.24% in 2022. It is essential to prioritize the safety of electric vehicles (EVs) with the increasing number of EVs on the roads. It is necessary to ensure that all necessary measures are taken to maintain their safety standards. Fire protection materials are crucial to minimize the risk of thermal runaway events and fires in EV battery systems. To promote safety, the Asia-Pacific region, with a growing EV industry, has implemented various fire protection measures. Depending on the manufacturer, EV batteries in the Asia-Pacific region may require varying fire protection materials and technologies. However, in order to guarantee the dependability and security of EVs in the area, a major emphasis is placed on safety and adherence to international standards. As the EV business develops, it is crucial to keep up with the most recent advancements in fire prevention materials and technologies. One EV-related fire occurs every week in China, which in 2021 sold 3.31 million new energy passenger vehicles for a 53% market share worldwide. As a result of this, China released three new national safety standards. For example, when the battery overheats in an EV, 5-minute warning will alert passengers before thermal runaway and spreading of the dangerous condition in the passenger compartment. In terms of safety concerns, the EV market in India has significantly changed. A number of electric scooter fires occurred in 2022, leading to recalls and safety issues. In reaction to these accidents, India's regulating organizations have proposed alterations to present safety rules, which are set to go into effect in October 2022. These changes give EV battery safety more attention, especially in the micro-mobility categories. The usage of authorized cells is no longer the only requirement; requirements for battery design elements like inter-cell spacing are also now required. The requirement for battery design elements, such as inter-cell spacing, has been added to authorized cells. Key Players Graco Inc. H.B. Fuller Alkegen PPG Industries Henkel Aspen Aerogels Saint Gobain Sika Morgan Advanced Materials Jios Aerogel Others Recent Development In July 2023, Nuvola Technology announced their SafeCoat Direct Deposition Separator (DDS) material, which eliminates the main ignition source for lithium-ion battery fires. The hard plastic sheet separator material currently utilized in battery manufacturing is replaced with SafeCoat. The battery's electrodes are completely encapsulated and shielded from a thermal runaway and a potential fire by its inventive spray-on coating. In July 2023, the first material screening test technique to assess the composition of electric vehicle battery enclosures, called Battery Enclosure Thermal Runaway evaluation, was recently announced by UL Solutions. The UL Standards and Engagement division released UL 2596, a new standard for testing the thermal & mechanical performance of battery enclosure materials, on January 27, 2022. In February 2023, ETRI has recently announced the development of a new flame retardant additive that is based on fluorosulfate. In comparison to TPP, which is a phosphorous-based flame retardant that is not yet available commercially, this new additive has superior flame retardant properties, electrochemical stability, and cell performance. This breakthrough is expected to be extremely beneficial in achieving high levels of safety in lithium-ion batteries and eliminating the fire hazards associated with electric vehicles. In February 2023, PyroPhobic Systems Ltd. Announced that General Motors has selected their LithiumPrevent 200 material for use in their Ultium battery platform for electric vehicles. PyroPhobic Systems Ltd. Is a prominent provider of fire-resistant thermoplastic resins and components for the battery and building safety markets. Report Coverage Table Report Attribute Details Forecast Period 2022 – 2030 Market Size Value in 2022 USD 259.80 Million Revenue Forecast in 2030 USD 754.20 Million Overall Growth Rate CAGR of 14.25% (2022 – 2030) Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Million, CAGR (2022 – 2030) Segmentation By Battery Capacity, By Material, By Application, By Region By Battery Capacity Below 30 kWh; 30 kWh to 100 kWh; 110 kWh to 200 kWh; 210 kWh to 300 kWh By Material Aerogels; Ceramics & Non-wovens; Encapsulants; Coatings; Mica; Compression Pads; Phase Change Materials; Others By Application Two-Wheelers (E-Motorbikes); EV Passenger Cars; EV Commercial Vehicles By Region North America; Europe; Asia Pacific; LAMEA Country Scope U.S., Canada, Germany, U.K., France, China, Japan, India, South Korea, Australia, Brazil, etc. Market Drivers • Stringent EV fire safety regulations • Rising lithium-ion battery capacity • Increased thermal runaway incidents and recalls Customization Option Available upon request Frequently Asked Question About This Report Q1. How big is the global fire protection materials for EV batteries market? A1. The global market for fire protection materials used in EV batteries was valued at USD 259.80 million in 2022, and it is projected to reach USD 754.20 million by 2030. Q2. What is the CAGR for the fire protection materials for EV batteries market? A2. The market is expected to grow at a CAGR of 14.25% from 2022 to 2030, driven by EV battery safety regulations and increased fire risk management needs. Q3. Who are the major players in the fire protection materials for EV batteries market? A3. Key players include Graco Inc., H.B. Fuller, Alkegen, PPG Industries, Henkel, Aspen Aerogels, Saint Gobain, and Sika, among others. Q4. Which region leads the global fire protection materials for EV batteries market? A4. Asia Pacific dominates the global market, accounting for nearly 41.56% of total revenue in 2022, with China alone contributing over 89% of that regional share. Q5. What factors are driving the growth of the fire protection materials for EV batteries market? A5. Growth is being driven by stringent safety regulations, the rising use of high-capacity lithium-ion batteries, increased thermal runaway incidents, and the growing number of EV fire recalls worldwide. Sources: https://e-vehicleinfo.com/how-to-protect-the-electric-vehicles-from-catching-fire/ https://inc42.com/buzz/new-safety-norms-for-ev-batteries-in-effect-from-oct-1/ https://www.idtechex.com/en/research-report/fire-protection-materials-for-electric-vehicle-batteries-2023-2033/897 https://timestech.in/evs-are-next-big-opportunity-for-fire-protection-materials/ https://www.pinfa.eu/mediaroom/ev-fires-an-opportunity-for-materials/#gsc.tab=0 https://maritimesafetyinnovationlab.org/wp-content/uploads/2021/12/Academic-A-review-of-battery-fires-in-electric-vehicles-2020.pdf https://greenerideal.com/news/vehicles/electric/ev-battery-fires-safety-concern/ https://www.idtechex.com/zh/research-article/evs-are-the-next-big-opportunity-for-fire-protection-materials/28113 https://www.ellsworth.com/manufacturers/hb-fuller/hb-fuller-solutions-for-battery-and-electric-vehicles/ https://www.businesswire.com/news/home/20230216005162/en/Canadian-Company-PyroPhobic%E2%80%99s-Innovative-Fire-Safety-Material-Selected-by-General-Motors https://www.ucf.edu/news/new-ucf-developed-battery-could-prevent-post-hurricane-electric-vehicle-fires/ https://www.azom.com/news.aspx?newsID=60870 Table of Contents – Global Fire Protection Materials for EV Batteries Market Report Executive Summary Market Attractiveness Understanding the Target Customers CXO Perspective Global Fire Protection Materials for EV Batteries Market Historical Market Size and Future Projections Analysis Global Fire Protection Materials for EV Batteries Market by Battery Capacity Global Fire Protection Materials for EV Batteries Market by Materials Global Fire Protection Materials for EV Batteries Market by Application Global Fire Protection Materials for EV Batteries Market by Country Market Share Analysis Top 10 Players with Revenue and Sales Volume Market Share Analysis Growing Demand for Fire Resistant Solutions in Electric Vehicle Battery Production by Country North America (United States, Canada) Europe (UK, Germany, France, Netherlands, Italy, Spain, Benelux, Rest of Europe) Asia Pacific (China, Japan, South Korea, India, Australia, Rest of Asia Pacific) Rest of the World Sales Volume Units and Number of Deployments by Country North America (United States, Canada) Europe (UK, Germany, France, Netherlands, Italy, Spain, Benelux, Rest of Europe) Asia Pacific (China, Japan, South Korea, India, Australia, Rest of Asia Pacific) Rest of the World Investment Opportunities in the Market Ongoing Market Developments Merger and Acquisition Trends Key Investment Opportunities Most Potential Product Segments from Growth and Investment Perspective Market Introduction Definition Scope of the Study Market Structure Macro Factor Indicator Analysis Key Findings Top Investment Pockets Research Methodology Research Process Primary Research Secondary Research Market Size Estimation Forecast Model Market Dynamics Introduction Drivers Restraints Opportunities Challenges COVID-19 Impact Analysis Global Fire Protection Materials for EV Batteries Market Analysis by Segment Overview Historical Market Size and Sales Volume (2017–2021) Market Size Sales Volume and Forecasts (2022–2030) Market Analysis by Battery Capacity Below 30 kWh 40 kWh to 100 kWh 110 kWh to 200 kWh 210 kWh to 300 kWh Market Analysis by Materials Aerogels Encapsulants Ceramics and Other Non Wovens Mica Coatings Encapsulating Foams Compression Pads with Fire Protection Properties Phase Change Materials Other Materials Market Analysis by Application Two Wheelers EV Passenger Cars EV Commercial Vehicles Market Analysis by Geography North America Europe Asia Pacific Rest of the World North America Fire Protection Materials for EV Batteries Market Analysis Overview Historical Market Size and Sales Volume (2017–2021) Market Size Sales Volume and Forecasts (2022–2030) Market Analysis by Battery Capacity, Materials, and Application Country Level Breakdown – United States, Canada, Rest of North America Europe Fire Protection Materials for EV Batteries Market Analysis Overview Historical Market Size and Sales Volume (2017–2021) Market Size Sales Volume and Forecasts (2022–2030) Market Analysis by Battery Capacity, Materials, and Application Country Level Breakdown – Germany, UK, France, Italy, Spain, Benelux, Rest of Europe Asia Pacific Fire Protection Materials for EV Batteries Market Analysis Overview Historical Market Size and Sales Volume (2017–2021) Market Size Sales Volume and Forecasts (2022–2030) Market Analysis by Battery Capacity, Materials, and Application Country Level Breakdown – China, Japan, Korea, India, Australia, Rest of Asia Pacific Rest of the World Fire Protection Materials for EV Batteries Market Analysis Overview Historical Market Size and Sales Volume (2017–2021) Market Size Sales Volume and Forecasts (2022–2030) Market Analysis by Battery Capacity, Materials, and Application Country Level Breakdown – Latin America, Middle East, Africa Company Profiles GRACO INC. ALKEGEN H.B. FULLER HENKEL PPG INDUSTRIES SAINT-GOBAIN SIKA ASPEN AEROGELS MORGAN ADVANCED MATERIALS JIOS AEROGEL PARKER LORD ELANTAS HUNTSMAN VON ROLL Other Market Players List of Tables Market by Battery Capacity Market by Materials Market by Application Market by Region and Country List of Figures Research Methodology and Data Triangulation Market Dynamics and Competitive Benchmarking Regional Market Snapshots Company Financial and Strategic Overview