Global Automotive Nvh Materials Market 2024-2028
The automotive nvh materials market is forecasted to grow by USD 4215.6 mn during 2023-2028, accelerating at a CAGR of 7.7% during the forecast period. The report on the automotive nvh materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for passenger vehicles, increasing stringency of government regulations on noise reduction, and rising demand for polyurethanes.
Technavio's automotive nvh materials market is segmented as below:
By Application
- Floor module
- Cockpit module
- Trunk module
- Wheel arches
- Others
By Material
- Polyurethane
- Mixed textile fibers
- Fiberglass
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the growing emphasis on reduction of nvh levels as one of the prime reasons driving the automotive nvh materials market growth during the next few years. Also, new developments in braking technology and increasing focus of vendors on product development will lead to sizable demand in the market.
The report on the automotive nvh materials market covers the following areas:
- Automotive nvh materials market sizing
- Automotive nvh materials market forecast
- Automotive nvh materials market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive nvh materials market vendors that include 3M Co., Avon Group Manufacturing Ltd., BASF SE, Borealis AG, Borgers SE and Co. KGaA, Celanese Corp., Covestro AG, Dow Inc., Eagle Industries Inc., Eastman Chemical Co., Evonik Industries AG, Exxon Mobil Corp., Henkel AG and Co. KGaA, Huntsman Corp, ITT Inc., Lanxess AG, Material Sciences Corp., Mitsui Chemicals Inc., Nitto Denko Corp., and TotalEnergies SE. Also, the automotive nvh materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.