GLOBAL EV FLAME – RETARDANT MATERIAL MARKET

 

INTRODUCTION

 

The powder coating of an electric vehicle (EV) battery is particularly prepared for applications requiring electrical insulation and possesses dielectric insulator qualities.

 

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Chemicals known as flame retardants are added to materials to stop or delay the spread of fire. They are employed in a variety of commercial and consumer goods to lessen the ignitability of materials. 

 

GLOBAL EV FLAME – RETARDANT MATERIAL MARKET SIZE AND FORECAST

 

The global EV flame – retardant material market  accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

 

NEW PRODUCT LAUNCH

 

Advanced Plastic Product Created by LG Chem to Stop Thermal Runaway in EV Batteries. The world’s longest fire-resistance performance was delivered by a novel plastic product created by LG Chem specifically for battery applications that can stop the spread of flame in batteries.

 

Thanks to the company’s unique technology and production techniques, LG Chem’s flame-retardant engineering plastic product can stop the spread of fires. A highly functional engineering plastic product composed from different composites, including polyphenylene oxide (PPO) and polyamide (PA) resin, makes up the new advanced flame barrier product developed by LG Chem.

 

The new product’s excellent qualities allow it to withstand flames for a longer period of time when utilized in battery components. Additionally, it has exceptional dimensional stability and keeps its shape under a variety of temperature situations.

 

During LG Chem’s testing, the substance was able to stop fires from spreading for more than ten minutes at 1,000°C, which is ten times longer than with regular plastics.

 

The most common reason for EV battery fires is thermal runaway, when a variety of stresses can cause heat to accumulate inside a battery cell. Fire can start when a battery cell gets too hot because of a short circuit brought on by things like overcharging and over discharging.

 

Because lithium reacts violently, the resulting fire is challenging to put out. Drivers and passengers would benefit from the use of LG Chem’s new engineering plastic product on battery components since it would give them more time to leave a moving vehicle in the event of a broken and hot battery.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per global EV flame – retardant material market right now and how will it change in the next 5-6 years?
  2. Average cost to set up a global EV flame – retardant material market in the US, Europe and China?
  3. How many global EV flame – retardant material markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of a global EV flame – retardant material market and key vendor selection criteria
  6. Where is the global EV flame – retardant material market  manufactured? What is the average margin per equipment?
  7. Market share of global EV flame – retardant material market manufacturers and their upcoming products
  8. The most important planned global EV flame – retardant material market in next 2 years
  9. Details on network of major global EV flame – retardant material market and pricing plans
  10. Cost advantage for OEMs who manufacture global EV flame – retardant material market in-house
  11. 5 key predictions for next 5 years in global EV flame – retardant material market
  12. Average B-2-B global EV flame – retardant material market price in all segments
  13. Latest trends in global EV flame – retardant material market, by every market segment
  14. The market size (both volume and value) of global EV flame – retardant material market in 2022-2030 and every year in between?
  15. Global production breakup of global EV flame – retardant material market, by suppliers and their OEM relationship
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, 2022-2030
18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
21 Product installation rate by OEM, 2022
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, 2022
29 Company Profiles
30 Unmet needs and opportunity for new suppliers
31 Conclusion
32 Appendix

 

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