Global Noise, Vibration, and Harshness (NVH) Materials Market Size Study, by Material (Rubber, Thermoplastic Polymers, Engineering Resins, Others), by Application (Absorption, Insulation, Damping), by End Use Industry (Automotive, Aerospace, Consumer Good

Global Noise, Vibration, and Harshness (NVH) Materials Market Size Study, by Material (Rubber, Thermoplastic Polymers, Engineering Resins, Others), by Application (Absorption, Insulation, Damping), by End Use Industry (Automotive, Aerospace, Consumer Goods, Power Tools, Others), and Regional Forecasts 2022-2032

The Global Noise, Vibration, And Harshness (NVH) Materials market was valued at USD 13.98 billion in 2023 and is expected to grow at a CAGR of 5.75% during the forecast period from 2024 to 2032. NVH materials are crucial in the automotive industry, providing solutions to reduce noise, vibration, and harshness, thereby ensuring a comfortable ride for occupants. The increasing demand for noise reduction in vehicles, coupled with advancements in automotive manufacturing, is driving market growth. NVH materials are essential for reducing noise and vibration transmitted by various engine accessories, such as steering wheels, cooling fans, the floor, and pedals. The rising focus on enhancing passenger comfort and vehicle durability is propelling the demand for these materials. Additionally, the increasing adoption of NVH materials in commercial vehicles to enhance operational efficiency and comfort is contributing to market growth.

The automotive sector remains the largest end-user of NVH materials, utilizing them to control air and structure-borne noise, and vibrations caused by car mechanics and interior components. The development of advanced NVH materials, such as fused rubbers, metal and film laminates, molded foams, and tailored resins, has further boosted their adoption. Moreover, the rising emphasis on acoustic management and noise reduction in vehicles to improve fuel efficiency and reduce cabin noise is expected to drive market growth during the forecast period. However, the market faces challenges such as the high cost of NVH materials and the introduction of alternatives like active noise control systems, which can limit market growth. Despite these challenges, the demand for NVH materials is expected to increase due to governmental regulations on noise reduction and the introduction of recyclable natural NVH materials.

The key regions considered for the Global Noise, Vibration, and Harshness (NVH) Materials Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia-Pacific region is the dominating market in the Global Noise, Vibration, and Harshness (NVH) Materials market. This dominance is driven by several factors, including the region's significant automotive manufacturing base, particularly in countries like China, Japan, South Korea, and India. The rapid growth of the automotive industry in these countries, coupled with increasing consumer demand for quieter and more comfortable vehicles, has led to a substantial rise in the adoption of NVH materials. Additionally, the presence of numerous NVH material manufacturers in the region and the ongoing investments in research and development to produce advanced NVH solutions further bolster Asia-Pacific's leading position. The North America region stands out as the fastest-growing market in the Global Noise, Vibration, and Harshness (NVH) Materials Market. This growth is driven by several key factors. Firstly, the region's robust automotive industry, which includes major manufacturers and a significant consumer base, is increasingly prioritizing NVH reduction to enhance vehicle comfort and performance.

Major market players included in this report are:

3M Company

BASF SE

Borgers SE & Co. KGaA

Dow

Eagle Industries, Inc.

Henkel Corporation

Huntsman International LLC.

Nitto Denko Corporation

Roush Enterprises

Sumitomo Riko Company Limited

Covestro AG

Trelleborg AB

Parker Hannifin Corporation

Freudenberg Group

Saint-Gobain S.A.

The detailed segments and sub-segment of the market are explained below:

By Material:

Rubber

Thermoplastic Polymers

Engineering Resins

Others

By Application:

Absorption

Insulation

Damping

By End Use Industry:

Automotive

Aerospace

Consumer Goods

Power Tools

Others

By Region:

North America

U.S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

Asia-Pacific

China

India

Japan

South Korea

Australia

Rest of Asia-Pacific

Latin America

Brazil

Mexico

RoLA

Middle East & Africa

Saudi Arabia

South Africa

RoMEA

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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