According to our (Global Info Research) latest study, the global Thermal Runaway Insulation Blanket market size was valued at US$ 1532 million in 2025 and is forecast to a readjusted size of US$ 4147 million by 2032 with a CAGR of 14.9% during review period.
Thermal runaway insulation blanket is a high-performance thermal barrier material used in lithium-ion battery systems to delay or prevent the propagation of heat during a thermal runaway event. It typically features high temperature resistance, low thermal conductivity, flame retardancy, electrical insulation, and structural stability. It is widely used in EV battery packs, energy storage systems (ESS), and aerospace battery safety protection. In 2025, global Thermal runaway insulation blanket production reached approximately 83.01 Kilotons. The upstream of the thermal runaway insulation blanket industry consists of high-performance raw materials, including ceramic fibers, aerogel precursors, aramid fibers, glass fibers, flame-retardant resins, and inorganic fillers.
Thermal runaway insulation blankets are critical functional safety materials in lithium-ion battery systems, primarily used in EV battery packs and energy storage systems (ESS) to isolate and block heat propagation during thermal runaway events, thereby reducing the risk of cascading failures and improving overall system safety. With the rapid growth of the electric vehicle and energy storage industries, battery energy density continues to increase, leading to higher thermal instability risks. At the same time, increasingly stringent global safety regulations, such as UN38.3, UL9540A, and China’s GB standards, are driving the adoption of advanced thermal propagation protection materials. As a result, thermal runaway insulation blankets have evolved from auxiliary fire-resistant components into standard safety structural elements in battery pack design.
This report is a detailed and comprehensive analysis for global Thermal Runaway Insulation Blanket market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thermal Runaway Insulation Blanket market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/kg), 2021-2032
Global Thermal Runaway Insulation Blanket market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/kg), 2021-2032
Global Thermal Runaway Insulation Blanket market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/kg), 2021-2032
Global Thermal Runaway Insulation Blanket market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thermal Runaway Insulation Blanket
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thermal Runaway Insulation Blanket market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Morgan Advanced Materials, 3M, Saint-Gobain, Shenzhen Xinlun, Sinoma Science & Technology, Aspen Aerogels, Gore, Enersens (Skogar), IBIH Advanced Materials, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermal Runaway Insulation Blanket market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Passive Thermal Barrier Materials
Phase-change / Heat Absorption Materials
构Multilayer Composite Barrier System
Hybrid Safety Architecture
Market segment by Material Type
Aerogel Composite Blanket
Ceramic Fiber Blanket
Mica-based Insulation Blanket
Others
Market segment by Form Factor
Flexible Felt
Sheet / Panel
Roll Goods
Custom-cut Components
Market segment by Functional Layer
Cell-level Thermal Barrier
Module-level Insulation Layer
Pack-level Propagation Barrier
Localized Hotspot Protection Layer
Market segment by Application
EV Battery Pack
Energy Storage System, ESS
Consumer Electronics Battery
Aerospace Battery Systems
Major players covered
Morgan Advanced Materials
3M
Saint-Gobain
Shenzhen Xinlun
Sinoma Science & Technology
Aspen Aerogels
Gore
Enersens (Skogar)
IBIH Advanced Materials
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermal Runaway Insulation Blanket product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermal Runaway Insulation Blanket, with price, sales quantity, revenue, and global market share of Thermal Runaway Insulation Blanket from 2021 to 2026.
Chapter 3, the Thermal Runaway Insulation Blanket competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermal Runaway Insulation Blanket breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Thermal Runaway Insulation Blanket market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermal Runaway Insulation Blanket.
Chapter 14 and 15, to describe Thermal Runaway Insulation Blanket sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Thermal Runaway Insulation Blanket. Industry analysis & Market Report on Thermal Runaway Insulation Blanket is a syndicated market report, published as Global Thermal Runaway Insulation Blanket Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Thermal Runaway Insulation Blanket market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.