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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
It cools the battery using a liquid coolant like ethylene glycol, water, or a refrigerant. In order to transfer heat to another area, such as a radiator or a heat exchanger, the liquid passes via tubes, cold plates, or other parts that surround the cells.
Batteries are only designed to function between a certain range of temperature extremes; without a cooling system to maintain that range, they will stop functioning.
Heat from the battery pack is dissipated using coolant that contains 40% ethylene glycol in water. Five pack chambers' operational constant power input (heat loss) for the battery system is computed as 1868 (W), causing the temperature distribution to be cooled.
The Global EV Battery cell to cooling plate bonding adhesives market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Increased EV battery pack efficiency is being driven by a new class of adhesives. According to representatives of Parker LORD, advances in battery pack technology may result in a 40 percent reduction in the number of components required, but they may also make vehicles more susceptible to accident damage and create difficulties during the repair process.
With regard to weight reduction and greater energy density, two important factors for EVs, CTP has a lot of advantages over CTM, but it also has a number of disadvantages, according to Fornes.
He said that the majority of OEMs or their suppliers presently build battery packs using CTM technology. This process involves grouping the individual battery cells into modules, which are then fastened to an aluminium cooling plate. Depending on the design, a module might hold a few to a dozen cells.
The modules are eliminated during CTP building. Instead, the cells are attached directly to the cooling plate made of aluminium.
This has significant benefits for battery electric vehicle (BEV) design since it enables lighter weight and significantly higher energy density, or more battery power from the same space.
The filler used with CTP technology must be thermally and structurally conductive, as well as able to tolerate environmental variables.
Because it would eliminate not only the modules but also some of the wiring and electrical connectors known as bus bars, CTP technology might cut the number of parts by as much as 40%. The cost of production would go down, and potentially, so would the cost of repairs.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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