Overview and Scope
Automotive noise, vibration, and harshness materials are special materials that are used to absorb sound and vibration and reduce the impact of noise, and vibration harshness to offer a comfortable rider experience to occupants. Noise, vibration, and harshness (NVH) refer to the field of measuring and modifying the noise and vibration characteristics of vehicles, particularly cars and trucks.
Sizing and Forecast
The automotive noise, vibration and harshness materials market size has grown strongly in recent years. It will grow from $12.67 billion in 2023 to $13.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to regulatory compliance, consumer demand for quieter vehicles, global automotive production growth, government support, market growth in emerging economies.
The automotive noise, vibration and harshness materials market size is expected to see strong growth in the next few years. It will grow to $18.85 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to electric vehicle (ev) growth, rise in autonomous vehicles, urbanization trends, rise in disposable income. Major trends in the forecast period include enhanced testing and measurement, integration of nvh simulation, multi-material solutions, customization for vehicle segments, integration of smart materials.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/automotive-noise-vibration-and-harshness-materials-global-market-report
Segmentation & Regional Insights
The automotive noise, vibration and harshness materials market covered in this report is segmented –
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
Asia-Pacific was the largest region in the automotive noise, vibration and harshness materials market in 2023. The regions covered in the automotive noise, vibration and harshness materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7308&type=smp
Major Driver Impacting Market Growth
The automotive noise, vibration, and harshness materials market are experiencing growth propelled by increasing demand from the electric vehicle industry. Electric vehicles, which rely on electricity for propulsion, aim to enhance vehicle efficiency and performance. Automotive noise, vibration, and harshness materials play a crucial role in ensuring that electric vehicles operate quietly and smoothly by optimizing various components such as the power system, magnetic brake, gearbox, and engine. For example, according to a report by the International Energy Agency in April 2021, global electric vehicle sales reached 10 million units in 2020, marking a 43% increase from the previous year. Europe led this surge with nearly 1.4 million new electric vehicle registrations, followed by China with 1.2 million registrations and the United States with 2.9 million. As the electric vehicle industry continues to expand, there is a growing need for automotive noise, vibration, and harshness materials to ensure a comfortable and quiet driving experience. Therefore, the rising demand from the electric vehicle industry is fueling the growth of the automotive noise, vibration, and harshness materials market.
Key Industry Players
Major companies operating 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.
The automotive noise, vibration and harshness materials market report table of contents includes:
1. Executive Summary
- Automotive Noise, Vibration And Harshness Materials Market Characteristics
- Automotive Noise, Vibration And Harshness Materials Market Trends And Strategies
- Automotive Noise, Vibration And Harshness Materials Market – Macro Economic Scenario
- Global Automotive Noise, Vibration And Harshness Materials Market Size and Growth
- Automotive Noise, Vibration And Harshness Materials Market Segmentation
- Automotive Noise, Vibration And Harshness Materials Market Regional And Country Analysis
…………….
- Key Mergers And Acquisitions In The Automotive Noise, Vibration And Harshness Materials Market
- Automotive Noise, Vibration And Harshness Materials Market Future Outlook and Potential Analysis
- Appendix
List of tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Automotive Noise, Vibration And Harshness Materials Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Automotive Noise, Vibration And Harshness Materials Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Automotive Noise, Vibration And Harshness Materials Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………….
Table 75: Dow Chemical Company Financial Performance
Table 76: 3M Company Financial Performance
Table 77: Sumitomo Riko Co. Ltd. Financial Performance
Table 78: Covestro AG Financial Performance
Table 79: Huntsman International LLC Financial Performance
Explore the trending research reports from TBRC:
https://topprnews.com/aircraft-brake-system-market-new-trends/
https://goodprnews.com/amla-extract-market-top-major-players/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
