According to our latest research, the Global Battery Thermal Runaway Propagation Inhibitor market size was valued at $1.1 billion in 2024 and is projected to reach $3.7 billion by 2033, expanding at a robust CAGR of 14.2% during the forecast period of 2025–2033. The primary factor fueling this remarkable growth is the accelerated adoption of electric vehicles (EVs) and large-scale energy storage systems worldwide, which has heightened the focus on battery safety and reliability. As incidents of battery fires and failures have come under scrutiny, manufacturers and end-users are increasingly prioritizing advanced thermal runaway mitigation solutions to ensure compliance with stringent safety standards and to protect investments in next-generation energy storage technologies. https://researchintelo.com/report/battery-thermal-runaway-propagation-inhibitor-market