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Automotive NVH Materials Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 295 | Report ID: MRS1084


Report Description

The global Automotive NVH Materials market size is estimated at USD 12.88 billion in 2020, expanding at a CAGR 6.3% from 2021-2027 to reach 14.08 billion USD in 2027.

Market Dynamics

Noise, vibration, and harshness (NVH) materials are used in automobiles to reduce unwanted noise, vibrations (oscillations caused by automobile mechanics), and harshness (the level of pain). To control air and structure-borne noises, as well as noise caused by vehicle interior components, NVH materials such as melded rubbers, metal and film laminates, molded foams, and engineering resins, are employed. NVH materials have seen increased demand in recent years because they soak noise and restrict it from entering the vehicle, reducing discomfort and enhancing ride quality.

Noise, vibration, and harshness in cars caused by structure-borne and air-borne noises can cause passenger discomfort and reduce vehicle durability. Carmakers are increasingly focusing on acoustic management and noise reduction in passenger and commercial vehicles to increase fuel efficiency, reduce cabin noise, and improve durability. Changes in consumer tastes are predicted to promote industry growth, in addition to the aforementioned product benefits.

The global automobile industry generates a significant portion of global GDP, and the presence of strong automobile sectors in major regions such as North America, Europe, and Asia-Pacific are essential drivers of rising automobile production. The booming vehicle sector, which is due to increased manufacturing and technological improvements, is responsible for the rapid expansion of automotive NVH reduction products.

Regional Insights

Due to the highly established car sectors in Korea, China, Japan, and India, as well as ongoing investments in the region to improve the driving technology sector over time, Asia-Pacific is likely to dominate the worldwide market. Vehicles with internal combustion engines, hybrid vehicles, and electric vehicles all require NVH materials. As a result, it is projected that demand for these materials would remain stable. The increased technology, middle-class incomes, and sales promotions supplied by vehicle manufacturers have all contributed to a large increase in passenger vehicle demand in developing countries.

Segment Insights

Over the next nine years, the rising usage of foam laminates for floor and door insulation in passenger and commercial vehicles is expected to be a key driving force in the segment's growth. In addition, the increased use of foam laminates for the roof lining and cushioning in automobiles is predicted to enhance segment demand because of the product's flexibility and lightweight. In terms of market value, foam laminates were followed by the molded rubber product category for NVH reduction in automobiles. This market expanded significantly as a result of the widespread usage of molded rubber for lining and sealing solutions. The rising use of synthetic rubber goods in friction and noise absorption and damping due to its flexibility, higher strength, chemical stability, and density is the primary driver of growth in this category throughout the projection period.

The growing necessity of providing a noise-free and comfortable travel experience by reducing cabin noise and frictions has increased the use of noise absorption solutions in automobiles. Furthermore, as customer preferences shift toward accessorizing through entertainment systems in cars, the need for noise absorption and dampening solutions in vehicles to improve the performance of the entertainment systems grows. The reasons listed above are projected to fuel category demand increase in the next years.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Automotive NVH Materials by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • 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
  • KOPP GmbH & Co. KG
  • Wolverine Advanced Materials

Product Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

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

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Absorption
  • Damping

End-users Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Cars
  • LCVs
  • HCVs

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • 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.)

Frequently Asked Questions

The global Automotive NVH Materials market size is estimated at USD 12.88 billion in 2020, expanding at a CAGR 6.3% from 2021-2027 to reach 14.08 billion USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Automotive NVH Materials market size is expanding at a CAGR 6.3% from 2021-2027 to reach 14.08 billion USD in 2027.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
Companies namely 3M Company BASF SE BRC Rubber & Plastics Inc Celanese Corporation Covestro AG ElringKlinger AG ExxonMobil Huntsman Corporation are actively operating in this market.

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