What Size Is the Global Automotive Noise, Vibration And Harshness Materials Market Projected to be By 2025?
Observing strong trending growth in recent years, the automotive noise, vibration and harshness materials market size is set to rise from $13.51 billion in 2024 to a notable $14.54 billion in 2025 with a compound annual growth rate (CAGR) of 7.7%. This substantial growth can be attributed to factors such as regulatory compliance, consumer demand for quieter vehicles, a rising global automotive production, and supportive government policies, especially in emerging economies.
The market is forecasted to grow further, reaching an estimated value of $19.9 billion by 2029, growing at a CAGR of 8.2%. This impressive growth trend in the forecast period is expected to be driven by increased EV production, a rise in autonomous vehicles, urbanization trends, and an increase in disposable income. Noteworthy trends during this period are enhanced testing and measurement methods, integration of NVH simulations, multi-material solutions, customization for vehicle segments, and integration of smart materials.
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What Factors are Driving the Market Growth?
Increased demand from the electric vehicle (EV) industry is fuelling the growth of the automotive noise, vibration, and harshness materials market. Specialized materials designed to absorb sound and reduce noise and vibration impact are being widely used, enhancing electric vehicle performance and driving comfort.
What are the Key Segments in the Automotive Noise, Vibration And Harshness Materials Market?
1) By Type: Rubber, Plastic And Foam, Fibers, Other Types
2) By Vehicle: Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
3) By Application: Absorber, Isolator, Damper
4) By End User: Hood, Trunk, Chassis, Other End-Users
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Who Are the Major Players In The Market?
Major companies making their mark in the automotive noise, vibration and harshness materials market include Dow Chemical Company, 3M Company, Sumitomo Riko Co. Ltd., Covestro AG, Huntsman International LLC, Celanese Corporation, Eastman Chemical Company, Nihon Tokushu Toryo Co. Ltd., Second Skin Audio Inc., FatMat Sound Control, HushMat Inc., Soundproof Cow LLC, GT Sound Control Inc., Wolverine Advanced Materials LLC, Silent Coat UK Ltd., DuPont de Nemours Inc., Exxon Mobil Corporation, Lanxess AG, Saudi Basic Industries Corporation, Goodyear Tire & Rubber Company, Yokohama Rubber Company Limited, H.B. Fuller Company, Sika AG, Autoneum Holding AG, Nitto Denko Corporation, Henkel AG & Co. KGaA, W. L. Gore & Associates Inc., Borgers SE & Co. KGaA, Megasorber Pty Ltd., Silentium Ltd., Vibracoustic GmbH, ElringKlinger AG, Rogers Corporation, Saint-Gobain S.A.
Which Emerging Trends Are Shaping The Market Landscape?
Technological advancements are emerging as the key trend dominating the automotive noise, vibration and harshness materials market. Major companies are developing products integrated with advanced technologies to solidify their positions in the market.
Which Region Recorded The Highest Growth In The Market?
Asia-Pacific held the largest share in the automotive noise, vibration and harshness materials market in 2024. The report includes market analysis for regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Automotive Noise, Vibration And Harshness Materials Market Report 2025 Offer?
The Automotive Noise, Vibration And Harshness Materials Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. These materials are engineered for sound and vibration absorption, reducing noise, and harshness impact, resulting in a pleasant and comfortable ride for passengers.
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