Global Automotive NVH Materials Market To Expand in Heaps With US$ 14.08 billion USD in 2027

October 2021 | Report Format: Electronic (PDF)

Automotive NVH Materials are materials used in automobiles to reduce noise, vibration, and harshness while improving ride quality and comfort for passengers. These materials can also help with vehicle weight reduction, stress absorption, and impact resistance, among other things. Because of its qualities, rubber has been frequently utilised in automobiles to manage harshness, reduce noise, and dampen vibrations. It has fluid and temperature resistance, is lightweight, has a high density, has vibration absorption capabilities, and is inexpensive.

These materials are also utilised to reduce vehicle weight and improve vehicle performance and efficiency, notably in electric vehicles. Vehicle buyers are drawn to comfortable driving and quiet cabins in passenger cars. These NVH materials serve to minimise exterior and engine noises, manage harshness and vibrations, and boost the vehicle's stability and longevity. Increasing applications for comfort driving, the growth of electric vehicles, and technological improvements in automobiles in developing countries will drive demand for automobile NVH materials in the next years.

The increasing demand from the automotive sector for quieter and safer cars as a result of severe government regulations is the primary driver driving the automotive NVH materials market. Automotive NVH materials are widely used in vehicles because lower NVH levels impact vehicle purchasing decisions. The growing interest in automotive NVH materials in battery-powered light vehicles will drive the automotive NVH materials market in the future. The development of active noise reduction technologies in vehicles may stymie the growth of the automotive NVH materials industry.

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Automotive NVH Materials Market Report Highlights

• The introduction of active noise reduction technologies in automobiles, as well as responding to changing consumer expectations for safety and comfort, as well as evolving legislative framework, are driving the industry's growth.
• The industry's value chain includes manufacturers, raw material suppliers, distributors, converters, and end users. Converters play an important role in industry dynamics, as they are responsible for providing final products such as foam laminates and moulded rubber elements, among other things. Companies in the industry can offer products directly to customers through their brands or supply third-party dealers.
• Asia-Pacific is predicted to lead the global market due to the highly developed car sectors in Korea, China, Japan, and India, as well as the region's ongoing investments to improve the driving tech sector over the years.

AUTOMOTIVE NVH MATERIALS MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Automotive NVH Materials Product Outlook (Revenue, USD Million, 2016 - 2027)

• Molded Rubber
• Metal Laminates
• Foam Laminates
• Film Laminates
• Molded Foam
• Engineering Resins
• Other 

Automotive NVH Materials Application Outlook (Revenue, USD Million, 2016 - 2027)

• Absorption
• Damping

Automotive NVH Materials End-users Outlook (Revenue, USD Million, 2016 - 2027)

• Cars
• LCVs
• HCVs

Automotive NVH Materials Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America (U.S., and Canada)
• Europe (Germany, U.K., France, Italy, Spain etc.)
• Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
• South America (Brazil, Mexico, Argentina etc.)
• Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

List of Key Players- Automotive NVH Materials Market

• 3M Company
• BASF SE
• BRC Rubber & Plastics Inc
• Celanese Corporation
• Covestro AG
• ElringKlinger AG
• ExxonMobil
• Huntsman Corporation
• Lanxess AG and Borgers AG
• Mitsui Chemicals Inc
• Sumitomo Riko Company Limited
• The DOW Chemical Company
• Unique Fabricating Inc
• W. KOPP GmbH & Co. KG
• Wolverine Advanced Materials

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