Pune, April 10, 2023 (GLOBE NEWSWIRE) -- Maximize Market research, a global Automotive and Transportation market research firm has published a competitive intelligence market research report on the “Automotive Noise, Vibration, and Harshness (NVH) Materials Market. The Automotive Noise, Vibration, and Harshness (NVH) Materials Market size was valued at USD 12.3 Bn in 2021. The total Automotive Noise, Vibration, and Harshness (NVH) Materials Market revenue is expected to grow at a CAGR of 5.5 percent from 2022 to 2029, reaching USD 18.88 Bn during the forecast period.
| Market Size in 2021 | USD 12.3 Bn |
| Market Size in 2029 | USD 18.88 Bn |
| CAGR | 5.5 per cent (2022-2029) |
| Forecast Period | 2022-2029 |
| Base Year | 2021 |
| Number of Pages | 278 |
| No. of Tables | 129 |
| No. of Charts and Figures | 121 |
| Segment Covered | By Application, Material and end-users |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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Automotive Noise, Vibration, and Harshness (NVH) Materials Market Scope and Research Methodology
The Automotive Noise, Vibration, and Harshness (NVH) Materials Market research report covers technology, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry. The report includes drivers, opportunities and restraints affecting the global market. It covers the impact of these drivers, trends and restraints on the demand of the market during the forecast period. The report also highlights opportunities in the market at the global level.
Regional analysis of the Automotive Noise, Vibration, and Harshness (NVH) Materials Market is conducted at the country, regional and global levels. The report covers the Automotive Noise, Vibration, and Harshness (NVH) Materials Market strategies followed by major players with their strategies and investment plans. The primary and secondary research method was used to collect the data from Automotive Noise, Vibration, and Harshness (NVH) Materials Market. Key players are identified through secondary research. Secondary research was used to collect information for the extensive, market-oriented, and commercial analysis of the Market.
Automotive Noise, Vibration, and Harshness (NVH) Materials Market Overview
Automotive NVH materials, also known as noise, vibration, and harshness materials, are used in vehicles to minimize unwanted noise, vibrations (oscillations caused by automobile mechanics), and harshness (the amount of pain). Molded rubbers, metal and film laminates, molded foams, and designed resins are used to reduce air and structure-borne sounds, as well as noise caused by car interior components. NVH materials have seen increased demand in recent years as they absorb noise and prevent it from entering the vehicle, avoiding discomfort and increasing ride quality.
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Automotive Noise, Vibration, and Harshness (NVH) Materials Market Dynamics
Automotive Noise, Vibration, and Harshness (NVH) Materials Market are used in automobiles to minimize noise, vibration, and harshness while improving ride quality and passenger comfort. These materials may be helpful in vehicle weight reduction, stress absorption, and impact resistance. Due to the qualities of rubber, it is commonly utilized in vehicles to reduce harshness, noise, and vibration. It is resistant to heat and fluids, lightweight, thick, vibration-absorbing, and inexpensive. These materials are also utilized to make automobiles lighter, quicker, and more fuel-efficient, particularly electric automobiles. Customers are drawn to passenger automobiles because of its luxury and tranquillity. These NVH materials help in the reduction of outside and engine noise, the regulation of vibrations, and the enhancement of vehicle stability and lifetime.
Asia-Pacific region is expected to fuel the Automotive Noise, Vibration, and Harshness (NVH) Materials Market growth
Asia-Pacific region is expected to dominate to regional Automotive Noise, Vibration, and Harshness (NVH) Materials Market during the forecast period. Emerging economies in the region, such as India, China, and Indonesia, have seen a rapid growth rate in recent years. The region's automotive demand has been fuelled by a growing population and living conditions. Consumer preferences are shifting toward automobiles with improved ride quality, comfort, safety, and customisation as disposable incomes increase.
Automotive Noise, Vibration, and Harshness (NVH) Materials Market Segmentation
By Application:
- Absorption
- Damping
- Insulation
Based on Application, the Absorption is expected to dominate the Automotive Noise, Vibration, and Harshness (NVH) Materials Market during the forecast period. Mechanical properties, density, fundamental structure, component shape, connections, and stress are all complex linkages between physical and design elements that influence how well different materials absorb energy.
By Material
- Rubber
- Thermoplastic Polymers
- Engineering Resins
- Other
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Based on Material, the Rubber segment is expected to dominate the Automotive Noise, Vibration, and Harshness (NVH) Materials Market. Increasing investments in manufacturing of electric vehicles, with noiseless automotive are expected to drive the market during the forecast period.
By End-Use Industry:
- Automotive
- Aerospace
- Consumer Goods
- Power Tools
- Other
Automotive Noise, Vibration, and Harshness (NVH) Materials Market Key Players Include:
- BASF SE (Germany)
- The Dow Chemical Company (US)
- 3M Company (US)
- ElringKlinger AG (Germany)
- Huntsman Corporation (US)
- Sumitomo Riko Co. Ltd (Japan)
- Covestro AG (Germany)
- Celanese Corporation US)
- Huntsman Corporation (US)
- Lanxess AG (Germany)
- Henkel AG & Co. KGaA (Germany)
- Wolverine Advanced Materials, LLC (US)
- Borgers AG (Germany)
- DuPont (US)
- Eastman Chemical Company (US)
Key questions answered in the Automotive Noise, Vibration, and Harshness (NVH) Materials Market are:
- What is Automotive Noise, Vibration, and Harshness (NVH) Materials?
- What was the Automotive Noise, Vibration, and Harshness (NVH) Materials Market size in 2021?
- What is the expected Automotive Noise, Vibration, and Harshness (NVH) Materials Market size by 2029?
- What is the growth rate of the Automotive Noise, Vibration, and Harshness (NVH) Materials Market?
- Which are the factors expected to drive the Automotive Noise, Vibration, and Harshness (NVH) Materials Market growth?
- Which factors are expected to restrain the Automotive Noise, Vibration, and Harshness (NVH) Materials Market growth?
- Which segment dominated the Automotive Noise, Vibration, and Harshness (NVH) Materials Market growth?
- What is the demand pattern for the Automotive Noise, Vibration, and Harshness (NVH) Materials Market?
- Which region held the largest share in the Automotive Noise, Vibration, and Harshness (NVH) Materials Market?
- Who are the key players in the Automotive Noise, Vibration, and Harshness (NVH) Materials Market?
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Key Offerings:
- Past Market Size and Market Competitiveness (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, Challenges and Key Trends by region
- Market Segmentation – A detailed analysis by Application, Material and End-Use Industry
- Type Competitive Landscape –A detailed scenario of the competitive environment in the global market
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region based on product Portfolio, End-Users, Revenues, Manufacturing Locations, etc.
- Market Consolidations – Mergers, Acquisitions, Joint Ventures, Partnerships.
- Company Profiles – Business Overview, Financial Overview, Business Strategy, SWOT Analysis, Recent Development.
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Key Takeaways
- Industry Recommendations
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