The Business Research Company’s report on the Automotive Acoustic Materials Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the automotive acoustic materials market in recent years?
The increase in sales of electric vehicles is expected to propel the growth of the automotive acoustic materials market going forward. Electric vehicles are vehicles that use electricity either entirely or in part. Automotive acoustic materials help electronic vehicles to reduce interior vehicle noise, by soundproofing and sound absorbing. For instance, in January 2024, according to a report published by Kelley Blue Book, a US-based Cox Automotive company, in 2023, a record 1.2 million car buyers in the United States chose electric vehicles, which accounted for 7.6% of the entire U.S. vehicle market, up from 5.9% in 2022. Therefore, the rising sales of electric vehicles are driving the growth of the automotive acoustic materials market.
Access Your Free Sample of the Global Automotive Acoustic Materials Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=7379&type=smp
What is the projected market size of the automotive acoustic materials industry, and how is it expected to grow?
The automotive acoustic materials market size has grown strongly in recent years. It will grow from $3.71 billion in 2024 to $3.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to regulatory compliance, emission reduction targets, increased urbanization, consumer comfort and expectations, electric and hybrid vehicle growth.
The automotive acoustic materials market size is expected to see strong growth in the next few years. It will grow to $5.19 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to rising autonomous vehicles, interior vehicle customization, environmental concerns, rising infrastructure projects, emerging growth in economies. Major trends in the forecast period include electric vehicle specific solutions, advanced soundproofing technologies, customized interior acoustics, augmented reality audio, smart materials and sensors.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=7379&type=smp
Who are the key players driving competition in the automotive acoustic materials market?
Major companies operating in the automotive acoustic materials market include Dow Chemical Company, 3M Acoustic Solutions, BASF SE, Covestro AG, Henkel Adhesives Technologies India Private Limited, LyondellBasell Industries Holdings B.V., Sumitomo Riko Co. Ltd., Sika AG, Rockwool A/S, Huntsman International LLC, Johns Manville, Saint-Gobain Ecophon AB, Harman International, Thomas Publishing Company, UFP Technologies Inc., Nihon Tokushu Toryo Co. Ltd., Knauf Insulation Ltd., Owens Corning, DuPont Automotive, ThyssenKrupp Automotive AG, Bridgestone Americas Inc., Metaldyne LLC, Detroit Diesel Corp., Alps Automotive Inc., American Showa Inc., Electrolux AB, LG Electroncis Inc., Miele & Cie. KG, Samsung Electronics Co. Ltd., Panasonic Corporation, Koninklijke Philips N.V., Shanghai Energy New Materials Technology Co. Ltd., Sinoma Science & Technology Co. Ltd., Cangzhou Mingzhu Plastic Co., Teijin Limited, Nitto Denko Corporation
What key trends are expected to drive the automotive acoustic engineering services market during the forecast period?
Technological advancements are the key trend gaining popularity in the automotive acoustic materials market. Major companies operating in the automotive acoustic materials market are introducing new technologies such as Flexi-Loft, a new felt-based technology that reduces product weight to sustain their position in the automotive acoustic materials market. For instance, in May 2022, Digital Metal Sweden-based metal additive manufacturing company launched the DMP/PRO binder jet 3D printer, which is a metal additive manufacturing system that uses binder jetting technology to create complex, high-precision metal parts layer by layer. It selectively applies a binding agent to a powder bed, allowing for the production of intricate geometries and components suitable for industries like automotive, aerospace, and medical. The printer is designed for high throughput and scalability, making it ideal for both prototype development and full-scale production runs.
Which key geographies are driving the growth of the automotive acoustic materials market?
Asia-Pacific was the largest region in the automotive acoustic materials market share in 2024. The regions covered in the automotive acoustic materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/automotive-acoustic-materials-global-market-report
What are the key segments driving growth in the automotive acoustic materials market?
The automotive acoustic materials market covered in this report is segmented –
1) By Material Type: Acrylonitrile Butadiene Styrene (ABS), Fiberglass, Polyvinyl Chloride (PVC), Polyurethane (PU) Foam, Polypropylene, Textiles
2) By Component: Arch Liner, Dash, Fender and Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray, Other Components
3) By Vehicle Type: Passenger Cars, LCV, HCV
4) By Application: Underbody and Engine Bay Acoustics, Interior Cabin Acoustics, Exterior Acoustics, Trunk Panel Acoustics
Subsegments:
1) By Acrylonitrile Butadiene Styrene (ABS): ABS Sheets, ABS Foam
2) By Fiberglass: Fiberglass Mats, Fiberglass Panels
3) By Polyvinyl Chloride (PVC): Rigid PVC Sheets, Flexible PVC Sheets
4) By Polyurethane (PU) Foam: Rigid PU Foam, Flexible PU Foam
5) By Polypropylene: Polypropylene Sheets, Polypropylene Foam
6) By Textiles: Non-woven Textiles, Woven Textiles, Composite Textiles
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7379
How is the automotive acoustic materials market defined?
Automotive acoustic materials are specialized materials used in vehicles to manage and reduce noise, vibration, and harshness (NVH). These materials are designed to absorb, block, or dampen sound, improving the overall comfort and acoustic experience inside the vehicle. They play a crucial role in minimizing unwanted noise from the engine, tires, road, wind, and other external sources, while enhancing the sound quality of in-car entertainment systems.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
