Automotive NVH Materials - Comprehensive Analysis on Global Market Report by Company, by Dynamics, by Region, by Type, and by Application (2019-2026)
Automotive NVH Materials
Automotive noise, vibration, and harshness (NVH) materials are used to modify the noise and vibration characteristics in automobiles, especially in buses and cars. The vibration or noise is transmitted from various engine accessories such as steering wheels, cooling fans, floor, and pedals, which are reduced by absorption or through the use of barrier materials.
Market trend Snapshot
Global Automotive NVH Materials market was valued at USD 8,940 million in 2019 and is poised to reach USD 14,402 by 2026, growing at a CAGR of 7.05%. This report provides comprehensive and in-depth analysis and prediction of the Automotive NVH Materials industry.
The immense growth is benefit from some factors. For example, factor one, two, three, etc. However, everything has two sides, the Automotive NVH Materials market growth is projected to passively affected by factor one, two, etc.
The high growth in the automotive industry, increasing awareness among consumers along with the stringent government regulations for quieter & safer vehicles is driving the market for automotive NVH materials. The awareness among the customers about the advantages of NVH reduction and acoustic management in cars is leading to an increase in NVH materials utilization in vehicles. Moreover, the increasing warranty claims from customers against the vehicle manufacturers for component noise vibration & harshness is also contributing to the growth of the market. One of the key emerging trends in the global automotive NVH materials market is the growing emphasis on reduction of NVH levels.
However, the development and increased usage of substitutes like active noise control system, which helps the manufacturers to achieve noise control without using NVH materials, is a major restraint to the growth of the market. In addition, crude oil is a primary raw material used in the production of NVH materials based on polyurethane, PVC polypropylene, and other compounds. The fluctuating raw materials prices pose a significant challenge to the global automotive NVH materials markets, which is also projected to impede the market's growth.
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Key Market Players Profile
The NVH material market for automobiles is highly fragmented. Leading market participants are focusing on the development of new products to meet the growing demand for NVH materials from the automotive industry. Key market players covered in the report such as 3M, BASF, Covestro, DuPont, Borealis, BSW, Celanese, Huntsman, Recticel, Assan Hanil, Avon, Borgers, CTA Acoustics, Eagle Industries, Eastman Chemical, ExxonMobil Chemical, Fagerdala World Foams, Henkel ANAND India, Hutchinson, and IAC.
Asia Pacific holds the largest market share
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, fashion trends, and economic development in these countries are also taken into consideration.
Asia-Pacific region is the largest sales volume market for Automotive NVH Materials in 2018, with sales accounting for 36.41% of the world, followed by North America and Europe, accounting for 28.79% and 26.80%, respectively. Asia-Pacific is projected to continue its dominance during the forecast period. The high demand for NVH materials in the region is primarily due to the growing automotive industry in countries like China, South Korea, India, Japan, Thailand, and Indonesia. North America and Europe held a significant market share in 2018, and the demand for NVH materials in these regions is primarily boosted by the increasing demand of automobiles coupled with the existing government regulations regarding noise pollution.
Automotive NVH Materials Type and Application Sketch
By type
• Polyurethane
• Polypropylene
• Polyvinyl Chloride
• Textile materials
• Fiberglass
• Others
By application
• Floor modules
• Truck modules
• Wheels
• Roof module
• Engine casing
• Others
The floor module segment will account for the highest market share of the automotive NVH materials market. There is an increase in the demand for NVH materials for floor module due to the rising use of foam laminates for flood insulation in commercial and passenger vehicles.
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Automotive NVH Materials Report provides
ü Potential opportunities and challenges in Automotive NVH Materials market
ü Current and future market outlook in the developed and emerging markets
ü Detailed analysis of the segment that is expected to dominate the market
ü Regions that are expected to witness the fastest growth during the forecast period
ü Identify the latest developments, market shares, and strategies employed by the major market players
ü Comprehensive & in-depth research and after-sales warranty by GlobalMarketMonitor
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Automotive NVH Materials Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Automotive NVH Materials Market by Types
4 Segmentation of Automotive NVH Materials Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Automotive NVH Materials Market in Major Countries
7 North America Automotive NVH Materials Landscape Analysis
8 Europe Automotive NVH Materials Landscape Analysis
9 Asia Pacific Automotive NVH Materials Landscape Analysis
10 Latin America, Middle East & Africa Automotive NVH Materials Landscape Analysis
11 Major Players Profile
11.1 3M
11.1.1 3M Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 BASF
11.3 Covestro
11.4 DuPont
11.5 Borealis
11.6 BSW
11.7 Celanese
11.8 Huntsman
11.9 Recticel
11.10 Assan Hanil
11.11 Avon
11.12 Borgers
11.13 CTA Acoustics
11.14 Eagle Industries
11.15 Eastman Chemical
11.16 ExxonMobil Chemical
11.17 Fagerdala World Foams
11.18 Henkel ANAND India
11.19 Hutchinson
11.20 IAC
…
Target Audience:
• Automotive NVH Materials manufacturers
• Raw material suppliers of Automotive NVH Materials
• Distributors and resellers of Automotive NVH Materials
• Automotive NVH Materials industry associations
• Product managers, Automotive NVH Materials industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Small and Medium-sized Enterprises (SMEs)
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