Global Automotive NVH Materials Market Size of $7.7 billion in 2017

The automotive NVH materials market was valued at $7.7 billion in 2017 and is estimated to reach $12.6 billion by 2024. This market is also expected to observe a CAGR of 7.3% during the forecast period. The increasing shifting trend of consumers towards comfortable and eco-friendly cars there are several automobile manufacturers who have steadily started utilizing natural constituents such as soya and sugarcane for the enlargement of bio-based polyurethane. Moreover, the utilization of bio-based polyurethane is the major trend witnessed in the growth of global automotive NVH materials market.

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On the basis of application, the automotive NVH materials market is segmented into vibration dampening, insulation, and sound absorption. Among these applications, sound absorption application is expected to witness fastest growth, registering a CAGR of 8.3% during the forecast period. The growing demand for this application is accredited towards large number of complaints observed for undesirable noise from vehicle across the globe. The use of sound absorbing applications helps the automotive manufacturers in enhancing and improving consumer satisfaction and providing them comfort in all aspects. Furthermore, this is expected to propel the growth of automotive NVH materials market across the globe.

Geographically, Asia-Pacific have been contributing largest revenue and is expected to generate $6.2 billion by 2024. Moreover, the growth of this market in this region is due to growth in automotive industry that is enhancing the demand for automotive NVH materials. The largest share of this market is accounted towards increasing usage of automotive NVH materials in the passenger’s vehicles particularly in countries such as India and China. Furthermore, it has been observed that in North America, the U.S. holds largest market for automotive NVH materials and this domination is anticipated to endure during the forecast period.

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Some of the major players operating in the global automotive NVH materials market are Exxon Mobil Corporation, Huntsman Corporation, Mitsui Chemicals Inc., Sumitomo Chemical Company Limited, Covestro AG, 3M Company, Lanxess AG, BASF SE, DowDuPont Inc., and Borgers SE & Co. KGaA

 Global Automotive NVH Materials Market Coverage

 Type Insight and Forecast 2014 - 2024

Rubber
Foam
Metal sheet
Cork
Polyvinyl Chloride (PVC)
Felt
Others
Application Insight and Forecast 2014 - 2024

Sound Absorption
Insulation
Vibration Dampening
Vehicle Type Insight and Forecast 2014 - 2024

Passenger Vehicles
LCV
HCV
Geographical Segmentation

Automotive NVH Materials Market by Region

North America

U.S.
By Technology
By Vehicle Type
By Application
Canada
By Technology
By Vehicle Type
By Application
Europe

Germany
By Technology
By Vehicle Type
By Application
U.K.
By Technology
By Vehicle Type
By Application
France
By Technology
By Vehicle Type
By Application
Italy
By Technology
By Vehicle Type
By Application
Spain
By Technology
By Vehicle Type
By Application
Netherlands
By Technology
By Vehicle Type
By Application
Rest of Europe
By Technology
By Vehicle Type
By Application
Asia Pacific

Japan
By Technology
By Vehicle Type
By Application
China
By Technology
By Vehicle Type
By Application
India
By Technology
By Vehicle Type
By Application
Indonesia
By Technology
By Vehicle Type
By Application
Thailand
By Technology
By Vehicle Type
By Application
South Korea
By Technology
By Vehicle Type
By Application
Rest of Asia Pacific
By Technology
By Vehicle Type
By Application
Latin America

Brazil
By Technology
By Vehicle Type
By Application
Argentina
By Technology
By Vehicle Type
By Application
Mexico
By Technology
By Vehicle Type
By Application
Rest of Latin America
By Technology
By Vehicle Type
By Application
Middle East and Africa (MEA)

Saudi Arabia
By Technology
By Vehicle Type
By Application
South Africa
By Technology
By Vehicle Type
By Application
UAE
By Technology
By Vehicle Type
By Application
Rest of MEA
By Technology
By Vehicle Type
By Application

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