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Automotive NVH Materials Market

Automotive NVH Materials Market Size, Share and Segmentation by Type (rubbers, thermoplastic polymers, engineering resins, polypropylene, textile materials), by Application (absorption, insulation, insulator & absorber, damper, trunk module, floor module, wheel arches), by Vehicle Type (passenger vehicles, LCV (Light Commercial Vehicles), HCV (Heavy Commercial Vehicles)), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/AUTO/1007 | May 2022 | Region: Global | 120 Pages

Report Scope & Overview 

Automotive NVH materials market is expected to grow at a CAGR of about 5.8% between now and 2028, reaching around USD 18.55 billion. The global automotive NVH materials market reached a value of US$ 11.82 Billion in 2021.

NVH refers to the noise, vibrations, and harshness produced by an object's movement. All audible and observable vibrations that affect driving comfort are included. The comfort, performance, and safety of a vehicle are all enhanced by decreased noise and vibration levels. Automobile manufacturers prioritize NVH study and optimization of the entire vehicle and its components throughout the early phases of developing new vehicles. Lower NVH levels influence customers' purchase decisions, hence automotive NVH materials are commonly employed in passenger automobiles.

Automotive NVH materials market Revenue Graph

The market for automotive noise, vibration, and harshness (NVH) materials is expected to grow as demand for passenger vehicles grows, as does the desire for lightweight performance materials. Small components consisting of rubber, foam, and other materials are frequently used in automotive NVH products. Some of the factors driving the global automotive NVH materials market include the impact of noise, vibration, and harshness on purchasing decisions, advanced noise, vibration, and harshness products with innovative technologies, changing lifestyles, and rising incomes in both developed and developing economies.

MARKET DYNAMICS: 

KEY DRIVERS:

  • NVH materials can also aid in vehicle weight loss, stress absorption, and impact resistance.
  •  The Rubber’s characteristics are also used to make cars lighter, faster, and more fuel-efficient, particularly electric cars.
  •  Customers like passenger automobiles because NVH materials lower outside and engine noise & improve vehicle stability.

RESTRAINTS: 

  • A major constraint to market growth is the development that allows others to achieve noise control without using NVH materials.
  •  The transmission to the vehicle occupants is minimized when such alloys are utilized at the NVH source.
  •  Automotive scientists are developing new alloys that are lighter and harder than traditional metals.

OPPORTUNITIES: 

  • The NVH standards for battery and hybrid vehicles differ from those for traditional IC engines.
  •  As the no. of battery-powered vehicles on the road grows, demand for NVH control materials may decline.
  • Wind noise, tire noise, and squeaks are usually drowned out by the noise of conventional automobiles' internal combustion engines. 
  • NVH control materials will be necessary to create a market for noise and vibration control materials.      

CHALLENGES: 

  • NVH regulations necessitate increased noise control materials, which causes issues for automobiles.
  • The next-generation engines are cleaner, emitting around a sixth of the CO2 per km as older 2000 cc engines.

IMPACT OF COVID-19:

The global automotive industry has been severely impacted by the spread of the COVID-19 virus. The first months of 2020 saw a decrease in automobile sales and manufacturing. When strong lockdown measures caused several sectors to close down in April 2020, international trade fell dramatically. International travel and border controls increased the expense of international trade.

Though the auto sector has recovered significantly since the recession, lower demand has had a significant impact. The automotive sector is critical to the economic growth and employment of most European countries, including the Czech Republic, Hungary, Poland, Slovenia, Slovakia, and Romania. Furthermore, the automotive industry's high level of integration into global value chains makes it vulnerable to pandemic disruptions.

KEYPLAYERS:

BASF SE (Germany), The Dow Chemical Company (US), 3M Company (US), ElringKlinger AG (Germany), Huntsman Corporation (US), Sumitomo Riko Co. Ltd (Japan), Covestro AG (Germany), Celanese Corporation US), Huntsman Corporation (US), Lanxess AG (Germany), Henkel AG & Co. KGaA (Germany), Wolverine Advanced Materials, LLC (US), Borgers AG (Germany), DuPont (US), Eastman Chemical Company (US). Through supply contracts, expansion initiatives, partnerships, and mergers and acquisitions, these corporations have maintained their competitive position in the worldwide market.

MARKET ESTIMATION: 

SEGMENTATION ANALYSIS:

Based on type, rubbers, thermoplastic polymers, engineered resins, polypropylene, textile materials, fibreglass, mixed textile fibre, polyester fibre, textile materials (synthetic), and textile materials (natural) make up the global automotive NVH Materials market (cotton). In 2021, the rubbers segment had the biggest market share. Rubber is dense and constant, making it an excellent sound and vibration absorber.

By application, Absorption, insulation, insulator & absorber, damper, trunk module, floor module, wheel arches, cockpit module, roof module, engine casing & bonnet liners, and wheels make up the worldwide automotive NVH market. During the predicted period, the absorption segment will grow at the fastest rate. The increased number of NVH tests is expected to fuel demand for vehicle NVH materials.

By Type:

  • Rubbers
  • Thermoplastic polymers
  • Engineering resins
  • Polypropylene
  • Textile materials
  • Fiberglass
  • Mixed textile fiber
  • Polyester fiber
  • Textile materials (synthetic)
  • Textile materials (cotton)

By Application:

  • Absorption
  • Insulation
  • Insulator & absorber
  • Damper
  • Trunk module
  • Floor module
  • Wheel arches
  • Cockpit module
  • Roof module
  • Engine casing
  • Bonnet liners
  • Wheels

By Vehicle type:

  • Passenger vehicles
  • LCV (Light Commercial Vehicles)
  • HCV (Heavy Commercial Vehicles)

Automotive NVH Materials Market Segment Chart

REGIONAL ANALYSIS:

During the projected period, Asia-Pacific is expected to lead the automotive NVH materials market. The expansion of manufacturing capacity and the rapid growth of the automobile industry is responsible for the region's market growth. In Asia-Pacific, China is the largest consumer of automobile NVH materials.

The main drivers of rising demand for automotive NVH materials in emerging nations are population expansion and rising living standards, both of which have a direct impact on the growth of the automobile sector. The automotive NVH materials market in the region is also driven by the easy availability of raw materials and low-cost labor.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Automotive NVH Materials Market Report Scope:

Automotive NVH Materials Market Report Scope:
Report Attributes Details
 Market Size in 2021  US$ 11.82 Bn
 Market Size by 2028  US$ 18.55 Bn
 CAGR   CAGR of 5.8 % From 2022 to 2028
 Base Year  2021
 Forecast Period  2022-2028
 Historical Data  2017-2020
 Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
 Key Segments • By Type (rubbers, thermoplastic polymers, engineering   resins, polypropylene, textile materials)
• By Application (absorption, insulation, insulator &   absorber, damper, trunk module, floor module, wheel arches)
• By Vehicle Type (passenger vehicles, LCV (Light Commercial Vehicles), HCV (Heavy Commercial Vehicles))
 Regional Analysis/Coverage  North America (USA, Canada, Mexico), Europe
 (Germany, UK, France, Italy, Spain, Netherlands,
 Rest of Europe), Asia-Pacific (Japan, South Korea,
 China, India, Australia, Rest of Asia-Pacific), The
 Middle East & Africa (Israel, UAE, South Africa,
 Rest of Middle East & Africa), Latin America (Brazil,   Argentina, Rest of Latin America)
 Company Profiles  BASF SE, The Dow Chemical Company, 3M Company,   ElringKlinger AG, Huntsman Corporation, Sumitomo Riko   Co. Ltd, Covestro AG, Celanese Corporation, Huntsman   Corporation, Lanxess AG, Henkel AG & Co. KGaA,   Wolverine Advanced Materials, LLC, Borgers AG, DuPont,   Eastman Chemical Company
 Key Drivers  • NVH materials can also aid in vehicle weight loss, stress   absorption, and impact resistance.
 • The Rubber’s characteristics are also used to make cars   lighter, faster, and more fuel-efficient, particularly electric   cars.
 Opportunities  • The NVH standards for battery and hybrid vehicles differ from those for traditional IC engines.
 • NVH control materials will be necessary to create a   market for noise and vibration control materials.

 


Frequently Asked Questions (FAQ) :

Ans:- The market forecast period is 2021-2028 according to the study report.

Ans:- NVH regulations necessitate increased noise control materials & next-generation engines are cleaner, emitting around a sixth of the CO2 per km as older 2000 cc engines.

Ans:- Type, Application, and Vehicle type are the different segments of the market.

Ans:- BASF SE (Germany), 3M Company (US), Henkel AG & Co. KGaA (Germany), Wolverine Advanced Materials, LLC (US), Borgers AG (Germany), DuPont (US), and Eastman Chemical Company (US) are the most prominent players in the market.

Ans:- Asia Pacific region is anticipated to be the primary driver of the market.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Automotive NVH Materials Market Segmentation, by Type

8.1 Rubbers

8.2 Thermoplastic polymers

8.3 Engineering resins

8.4 Polypropylene

8.5 Textile materials

8.6 Fiberglass

8.7 Mixed textile fiber

8.8 Polyester fiber

8.8 Textile materials (synthetic)

8.9 Textile materials (cotton).

 

 

9. Global Automotive NVH Materials Market Segmentation, by Application

9.1 Absorption

9.2 Insulation

9.3 Insulator & absorber

9.4 Damper

9.5 Trunk module

9.6 Floor module

9.7 Wheel arches

9.8 Cockpit module

9.8 Roof module

9.9 Engine casing

9.10 Bonnet liners

9.11 heels

 

10. Global Automotive NVH Materials Market Segmentation, by Vehicle type

10.1 Passenger vehicles

10.2 LCV (Light Commercial Vehicles)

10.3 HCV (Heavy Commercial Vehicles)

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

 

12. Company Profiles

12.1 Exxon Mobil Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 BASF SE (Germany)

12.3 The Dow Chemical Company (US)

12.4 3M Company (US)

12.5 ElringKlinger AG (Germany)

12.6 Huntsman Corporation (US)

12.7 Sumitomo Riko Co. Ltd (Japan)

12.8 Covestro AG (Germany)

12.8 Celanese Corporation US)

12.9 Huntsman Corporation (US)

12.10 Lanxess AG (Germany)

12.11 Henkel AG & Co. KGaA (Germany)

12.12 Wolverine Advanced Materials LLC (US)

12.13 Borgers AG (Germany)

12.15 DuPont (US)

12.16 Eastman Chemical Company (US)

 

13.Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

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