Product Code: GVR-4-68040-565-5
TPU Films For EV Battery Protection Market Growth & Trends:
The global TPU films for EV battery protection market size is anticipated to reach USD 23.5 million by 2030 and is anticipated to expand at a CAGR of 6.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The TPU films market for electric vehicle battery protection is experiencing growth driven primarily by the global surge in EV adoption. As governments worldwide implement stricter emissions regulations and offer incentives for electric vehicle purchases, automakers are ramping up EV production, consequently increasing demand for high-performance battery protection materials. TPU films are particularly valued in this application due to their excellent combination of mechanical strength, chemical resistance, flexibility, and thermal stability, all critical properties for safeguarding sensitive battery components in demanding automotive environments.
Safety requirements represent another significant market driver, as battery thermal runaway events have highlighted the need for advanced protective materials. Major EV manufacturers such as Tesla, BYD, and Volkswagen implement multilayer battery protection systems where TPU films serve as crucial barrier components. For example, some contemporary designs utilize specialty TPU films with flame-retardant additives that can withstand temperatures exceeding 150°C while maintaining structural integrity, thereby containing potential thermal events and preventing cascade failures across battery modules.
Technological advancements in TPU formulations are expanding material capabilities and market applications. Innovations include TPU films with enhanced electrical insulation properties, improved chemical resistance against electrolyte leakage, and reduced thickness profiles that contribute to overall battery weight reduction without compromising protection.
Sustainability concerns are increasingly influencing this market as EV manufacturers seek to enhance their environmental credentials beyond zero-emission driving. TPU films that incorporate bio-based content or offer recyclability at end-of-life are gaining traction. Bio-based TPU films derived from plant sources that maintain performance specifications while reducing the carbon footprint of battery components. This trend aligns with broader industry movements toward circular economy principles and reflects growing consumer preference for sustainable transportation solutions throughout the product lifecycle, from manufacturing to eventual recycling.
TPU Films For EV Battery Protection Market Report Highlights:
- The polyester TPU films segment accounted for the largest share of over 49.0% of the market in 2024.
- The polyether TPU films segment is expected to grow at the fastest CAGR of 7.1% during the forecast period.
- Based on application, the battery insulation segment dominated the market in 2024 by accounting for the largest revenue share of over 41.0% and is expected to grow at the fastest CAGR of 6.7% over the forecast period of 2025 to 2030.
- In 2024, the Asia Pacific region led the market, capturing the largest revenue share of over 38.0%, and is expected to expand at the highest CAGR of 7.4% throughout the forecast period.
- Covestro AG, DUNMORE, AMERICAN POLYFILM, INC., Plastic Film Corporation of America, Wiman Corporation, RTP Company, San Fang Chemical Industry Co., Ltd., Shanghai Metal Corporation, Adhtapes, and Singhal Industries are some of the key players in the market.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.1.1. Market Segmentation
- 1.1.2. Market Definition
- 1.2. Research Scope & Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Snapshot, 2024 (USD Million)
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Global TPU Films for EV Battery Protection Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.3.2. Sales Channel Analysis
- 3.4. Technology Trends
- 3.5. Regulatory Framework
- 3.6. Impact of Circular Economy on the Market
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Market Opportunity Analysis
- 3.7.4. Market Challenge Analysis
- 3.8. Business Environment Analysis
- 3.8.1. Porter's Five Forces Analysis
- 3.8.2. PESTEL Analysis
Chapter 4. Global TPU Films for EV Battery Protection Market: Type Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Type Movement Analysis & Market Share, 2024 & 2030
- 4.2.1. Polyester TPU Films
- 4.2.1.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
- 4.2.2. Polyether TPU Films
- 4.2.2.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
- 4.2.3. Polycaprolactone TPU Films
- 4.2.3.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 5. Global TPU Films for EV Battery Protection Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2024 & 2030
- 5.2.1. Battery Insulation
- 5.2.1.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
- 5.2.2. Thermal Management
- 5.2.2.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
- 5.2.3. Vibration Damping
- 5.2.3.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
- 5.2.4. Protective Coatings
- 5.2.4.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
- 5.2.5. Others
- 5.2.5.1. Market estimates and forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 6. Global TPU Films for EV Battery Protection Market: Region Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.3. North America
- 6.3.1. North America TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.2. U.S.
- 6.3.2.1. U.S. TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.3. Canada
- 6.3.3.1. Canada TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.3.4. Mexico
- 6.3.4.1. Mexico TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4. Europe
- 6.4.1. Europe TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.2. Germany
- 6.4.2.1. Germany TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.3. UK
- 6.4.3.1. UK TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.4. France
- 6.4.4.1. France TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.5. Italy
- 6.4.5.1. Italy TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.4.6. Spain
- 6.4.6.1. Spain TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.2. China
- 6.5.2.1. China TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.3. India
- 6.5.3.1. India TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.4. Japan
- 6.5.4.1. Japan TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.5. Australia
- 6.5.5.1. Australia TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.5.6. South Korea
- 6.5.6.1. South Korea TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.6. Latin America
- 6.6.1. Latin America TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.6.2. Brazil
- 6.6.2.1. Brazil TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.6.3. Argentina
- 6.6.3.1. Argentina TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.7.2. Saudi Arabia
- 6.7.2.1. Saudi Arabia TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.7.3. UAE
- 6.7.3.1. UAE TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 6.7.4. South Africa
- 6.7.4.1. South Africa TPU Films for EV Battery Protection Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Key Global Players & Recent Developments & Their Impact on the Industry
- 7.2. Company/Competition Categorization
- 7.3. Vendor Landscape
- 7.3.1. List of Raw Material Suppliers and Key Value Chain Partners
- 7.3.2. List of Potential Customers
- 7.4. Company Market Position Analysis
- 7.5. Company Heat Map Analysis
- 7.6. Company Dashboard Analysis
- 7.7. Strategy Mapping
- 7.7.1. Expansions
- 7.7.2. Mergers & Acquisitions
- 7.7.3. Collaborations/Partnerships/Agreements
- 7.7.4. New Product Launches
- 7.7.5. Others
Chapter 8. Company Listing (Overview, Financial Performance, Products Overview)
- 8.1. Covestro AG
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.2. DUNMORE
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.3. AMERICAN POLYFILM, INC.
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.4. Plastic Film Corporation of America
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.5. Wiman Corporation
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.6. RTP Company
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.7. San Fang Chemical Industry Co., Ltd.
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.8. Shanghai Metal Corporation
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.9. Adhtapes
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.10. Singhal Industries
- 8.10.1. Company Overview
- 8.10.2. Financial Performance
- 8.10.3. Product Benchmarking