The new report by Expert Market Research titled, ‘Global Automotive Noise, Vibration, and Harshness (NVH) Materials Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global automotive noise, vibration, and harshness (NVH) materials market, assessing the market based on its segments like type, application, end-uses and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
• Historical Market Size (2021): USD 14.5 billion
• Forecast CAGR (2022-2027): 5.4 %
• Forecasted Market Size (2027): USD 19.9 billion
Due to severe regulatory demands for quieter and safer automobiles, the market is being pushed by increased demand for automotive NVH materials from the automotive sector. Automobile NVH materials are widely used by passenger vehicle manufacturers since reduced NVH levels impact car-buying decisions. Furthermore, increased demand for aftermarket services such as replacement parts, repairs and maintenance, accessorising, and customization is driving the use of auto parts and accessorising for soundproofing, which is projected to benefit the market in the next years. The market for NVH materials is expected to rise as automakers focus more on acoustic management and noise reduction in passenger and commercial vehicles to improve fuel efficiency, decrease cabin noise, and boost durability.
Industry Definition and Major Segments
Materials that reduce unwanted noise, vibrations, and harshness (NVH) in automobiles, notably buses and cars, are known as noise, vibration, and harshness (NVH) materials. NVH materials are utilised to decrease vibration and noise communicated by different engine accessories such as steering wheels, cooling fans, the floor, and pedals, since structural and airborne sounds can damage vehicle durability.
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By type, the market is divided into:
• Rubbers
o Nitrile Butadiene Rubber (NBR)
o Ethylene Propylene Diene Monomer (EPDM)
o Others
o Thermoplastic Polymers
o Polyurethanes (PU)
o Polyvinyl Chloride (PVC)
• Engineering Resins
o Acrylonitrile Butadiene Styrene (ABS)
o Polycarbonates
o Nylons
• Polypropylene
• Textile Materials
• Fibreglass
• Mixed Textile Fibre
• Polyester Fibre
• Textile Materials (Synthetic)
• Textile Materials (Cotton)
By application, the market is divided into:
• Absorption
• Insulation
• Insulator and Absorber
• Damper
• Trunk Module
• Floor Module
• Wheel Arches
• Cockpit Module
• Roof Module
• Engine Casing and Bonnet Liners
• Wheels
Based on end-uses, the market is divided into
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
The global regions for automotive noise, vibration, and harshness (NVH) materials market include:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Market Trends
The demand for acoustic control and noise reduction in heavy vehicles is rising as the usage of commercial vehicles for logistics and transportation applications grows. Rubbers have good physical features such as high density, heat resistance, weather resistance, and vibration absorption, making them an excellent NVH material. This, in turn, is expected to promote market expansion. Furthermore, the market is being driven by rising usage and demand in passenger cars, as well as rising need for lightweight performance materials. In addition, rising applications for comfort driving, the growth of electric cars, and technical improvements in automobiles in emerging countries are all boosting demand for automotive NVH materials in the next years.
Key Market Players
The major players in the market are BASF SE, The DOW Chemical Company, 3M Company, Sumitomo Riko Company Limited, Covestro AG, Huntsman international LLC, Borgers SE & Co. KGaA, Bocholt, Eagle Industries Inc., Roush Enterprises, Inc and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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