Automotive NVH Materials Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Automotive NVH (noise, vibrations, harshness) materials are various engineering materials employed in the design of automobiles to manage various sounds, buzzes, squeaks, and rattle issues in the interior spaces of automobiles. They are available as injection type products, rubber-based pads, adhesive tapes, etc. They are used in roof panels, doors, wheel housings, roof rails, quarter panels, etc. of an automobile.

MARKET DYNAMICS

The applications of automotive NVH materials in vehicles today is not just limited to luxury cars but also to affordable and less expensive car models. Growing vehicle ownership in the Asia Pacific has led to significant consumption of automotive NVH materials to dampen engine noise and vibrations. As consumers expect more refined engines and silent interior cabin, car manufacturers have been implementing a number of NVH materials to cater to the refined customer choices. This trend is likely to have a positive impact on the automotive NVH materials market. The rapidly burgeoning sales of high-end automobiles, as well as sportbikes, have spurred the demand for technologically advanced non-woven blown microfibers (BMF). The increasing emphasis laid by automobile manufacturers to increase occupancy comfort levels and reducing undesired noise and vibration levels from engine to the interior cabin has augmented the demand for automobile NVH materials.

MARKET SCOPE

The "Global Automotive NVH Materials Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive NVH materials market with detailed market segmentation by type, application, vehicle type, and geography. The global automotive NVH materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive NVH materials market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global automotive NVH materials market is segmented on the basis of type, application, and vehicle type. On the basis of type, the automotive NVH materials market is segmented into rubbers, thermoplstic polymers, engineering resins, polypropylene, textile materials, fiberglass, mixed textile fiber, polyester fiber, and textile materials. The automotive NVH materials market on the basis of application is classified into absorption, insulation, insulator and absorber, damper, wheel and wheel arches, cockpit module, roof module, and engine casing and bonnet liners. Based on vehicle type, the global automotive NVH materials market is divided into passenger vehicles, buses, LCV, and HCV.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global automotive NVH materials market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The automotive NVH materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the automotive NVH materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the automotive NVH materials market in these regions.

MARKET PLAYERS

The reports cover key developments in the automotive NVH materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the automotive NVH materials market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive NVH materials in the global market. Below mentioned is the list of few companies engaged in the automotive NVH materials market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive NVH materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

•  3M Company
  
•  BASF SE
  
•  Celanese Corporation
  
•  Covestro AG
  
•  Exxonmobil Corporation
  
•  Huntsman Corporation
  
•  Lanxess AG
  
•  Mitsui Chemicals, Inc.
  
•  Sumitomo Riko Company Limited
  
•  The Dow Chemical Company
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Automotive NVH Materials Report Scope