What is Global Automotive NVH Materials Market?
The Global Automotive NVH (Noise, Vibration, and Harshness) Materials Market is a vast and dynamic sector that plays a crucial role in the automotive industry. These materials are specifically designed to reduce noise, vibration, and harshness, the three major elements that impact the comfort and performance of a vehicle. The NVH materials are used in various parts of a vehicle including the engine, chassis, and body, among others. They are essential in enhancing the overall driving experience, ensuring a smooth and quiet ride. The market for these materials is influenced by several factors such as the increasing demand for comfortable and noise-free vehicles, stringent government regulations regarding noise levels, and advancements in technology. However, the market also faces certain challenges such as the high cost of these materials and the need for regular maintenance. Despite these challenges, the Global Automotive NVH Materials Market continues to grow, driven by the constant demand for better and more efficient vehicles.
Polyurethane, Others in the Global Automotive NVH Materials Market:
Polyurethane and other materials play a significant role in the Global Automotive NVH Materials Market. Polyurethane, in particular, is widely used due to its excellent noise and vibration absorption properties. It is a versatile material that can be molded into various shapes and sizes, making it suitable for different parts of a vehicle. Other materials used in this market include rubber, foam, and fibers, each with their unique properties and applications. These materials are used in various parts of a vehicle to reduce noise and vibration, enhancing the overall driving experience. For instance, polyurethane is often used in the engine compartment to reduce engine noise, while rubber and foam are used in the chassis to minimize road noise. Despite the wide range of materials available, the choice of material is often determined by factors such as cost, performance, and durability.
Hood, Trunk, Chassis, Others in the Global Automotive NVH Materials Market:
The Global Automotive NVH Materials Market finds its application in various areas of a vehicle including the hood, trunk, chassis, among others. In the hood, these materials are used to reduce engine noise, ensuring a quiet and comfortable ride. In the trunk, they are used to minimize road and wind noise, enhancing the overall driving experience. The chassis, on the other hand, uses these materials to reduce vibration and harshness, improving the vehicle's performance and comfort. Despite their wide application, the use of these materials is often determined by factors such as cost, performance, and durability. Therefore, manufacturers are constantly seeking new and innovative materials that can effectively reduce noise and vibration, while also being cost-effective and durable.
Global Automotive NVH Materials Market Outlook:
The Global Automotive NVH Materials Market is a growing sector with significant potential. In 2022, the market was valued at US$ 2334.7 million and is expected to reach US$ 2612.6 million by 2029, growing at a CAGR of 1.6% during the forecast period 2023-2029. China is the largest market for these materials, accounting for about 28% of the global market share. Europe follows closely behind, accounting for about 25% of the market share. The top three companies in this market hold about 33% of the market share, indicating a highly competitive market. Despite the competition, the market continues to grow, driven by the increasing demand for comfortable and noise-free vehicles.
Report Metric | Details |
Report Name | Automotive NVH Materials Market |
Accounted market size in 2023 | US$ 2334.7 million |
Forecasted market size in 2030 | US$ 2612.6 million |
CAGR | 1.6% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Nihon Tokushu Toryo, 3M, Megasorber, STP, Henkel, Nitto Denko Corp, Second Skin Audio, FatMat Sound Control, HushMat, Soundproof Cow, GT Sound Control, Wolverine Advanced Materials, Silent Coat, JiQing TengDa, Daneng, Beijing Pingjing, JAWS, Quier Doctor, DAOBO, Shenzhen Baolise, Beijing Shengmai |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |