Global Automotive Acoustic Materials Market, By Application (Underbody & Engine Bay Acoustics, Interior Cabin Acoustics, Exterior Acoustics and Trunk Panel Acoustics), Material Type (Acrylonitrile Butadiene Styrene (ABS), Fiberglass, Polyvinyl Chloride (PVC), Polyurethane (PU) Foam, Polypropylene, Textiles, Others), Components (Hood Liner/Bonnet Liner, Engine Top Cover, Fender Insulator, Door Trims, Headliners, Floor Insulator, Wheel Arch Liner, Trunk Trim, Inner Dash, Outer Dash, Parcel Tray, Cabin Rear Trim and Engine Encapsulation), Electric Vehicle Type (BEV, HEV and PHEV), Vehicle Type (Passenger Cars, Heavy Commercial Vehicle (HCV) and Light Commercial Vehicle (LCV)), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
The automotive acoustic materials market is expected to reach USD 4.45 billion by 2027 witnessing market growth at a rate of 7.4% in the forecast period of 2020 to 2027. Data Bridge Market Research report on automotive acoustic materials market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Automotive acoustic materials can be referred to those which improve noise control and provide sound proofing against automotive vibrations. They are a line of barriers such as HVAC ducts and panels that are responsible for reducing airborne sound transmission. It is very essential as it increases the overall customer’s driving experience
Growing demand for superior comfort and safety features, growing concerns to reduce noise pollution, availability of specially designed acoustic materials with damping capabilities and growth in manufacturing sector are the factors driving the growth of global automotive acoustic materials market. Inconsistent pricing of raw materials and on-going need of capital investment are the factors restraining the growth of global automotive acoustic materials market.
Growing demand for electric vehicles and increasing investments in research & development are the opportunities for global automotive acoustic materials market. Installation of active noise control system (NOC) and reusability of acoustic materials are the challenges for global automotive acoustic materials market in the above mentioned period.
This automotive acoustic materials market provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive acoustic materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Acoustic Materials Market Scope and Market Size
The automotive acoustic materials market is segmented on the basis of application, material type, components, electric vehicle type and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, the automotive acoustic materials market has been segmented into underbody & engine bay acoustics, interior cabin acoustics, exterior acoustics and trunk panel acoustics.
- On the basis of material type, the automotive acoustic materials market has been segmented into acrylonitrile butadiene styrene (ABS), fiberglass, polyvinyl chloride (PVC), polyurethane (PU) foam, polypropylene, textiles and others.
- On the basis of components, the automotive acoustic materials market has been segmented as hood liner/bonnet liner, engine top cover, fender insulator, door trims, headliners, floor insulator, wheel arch liner, trunk trim, inner dash, outer dash, parcel tray, cabin rear trim and engine encapsulation.
- On the basis of electric vehicle type, the automotive acoustic materials market has been segmented into BEV, HEV and PHEV.
- The automotive acoustic materials market has also been segmented on the basis of vehicle type into passenger cars, heavy commercial vehicle (HCV) and light commercial vehicle (LCV).
Global Automotive Acoustic Materials Market Country Level Analysis
Global automotive acoustic materials market is analysed and market size, volume information is provided by country, application, material type, components, electric vehicle type and vehicle type as referenced above.
The countries covered in the automotive acoustic materials market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe will dominate the growth in automotive acoustic materials market due to the growing sales of luxury, premium and high end cars. Adding to it, many automobile manufacturers are offering customised premium vehicles having superior interior features mainly focused on acoustics and infotainment. All these factors are further propelling the growth in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Acoustic Materials Market Share Analysis
Automotive acoustic materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive acoustic materials market.
The major players covered in the automotive acoustic materials market report are BASF SE, DOW Chemicals, 3M, Covestro AG, LyondellBasell, Huntsman International LLC, Sika AG, Henkel, TORAY INDUSTRIES, INC., E. I. du Pont de Nemours and Company, Harman International Industries, Inc., Rockwool International, Inc., Tex Tech Industries, Fabri-Tech components, Thomas net, Saint-Gobain, Ecophon AB among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
In August 2020, Autoneum announced its own ATLAS acoustics measurement methodology which allows the consumers to check for noise reducing parts and customise it as per their choice.
Customization Available : Global Automotive Acoustic Materials Market
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