1 / 3

Automotive NVH Materials Market To Reach $7.4 Billion by 2027

Automotive NVH materials market experiences growth as automakers prioritize noise, vibration, and harshness reduction, enhancing driving comfort and experience.<br><br>

jackmartin
Download Presentation

Automotive NVH Materials Market To Reach $7.4 Billion by 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Automotive NVH Materials Market worth $7.4 billion by 2027- Exclusive Report by MarketsandMarkets™ The report "Automotive NVH Materials Market by Material Type (Thermoplastic Polymer, Engineering Resin), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), Application (Absorption, Insulation), & Region- Global Forecast to 2027", Automotive NVH materials market size is projected to reach USD 7.4 billion by 2027 from USD 6.2 billion in 2022 growing at a CAGR of 3.7%. The automotive NVH materials market is primarily driven by the increasing use of different types of materials such as thermoplastic polymer, engineering resin, and others which includes rubbers, textile materials in products that are used as automotive NVH material in the automotive industry for the different automotive parts such as automotive interior and exterior. Moreover, it is also driven by the rapidly developing industrial sector in emerging economies such as China, India, Mexico and Brazil. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227596009 “Thermoplastic Polymer is projected to grow at fastest CAGR, in terms of volume, during the forecast period” Thermoplastic Polymers are projected to be the fastest growing segment, in terms of volume, during the forecast period. These polymers are extensively used as preliminary material in the manufacture of NVH products which are used in automotive applications for interior, exterior, Engine, chassis and different other automotive parts, wherein the property of controlling NVH levels is a major concern. “Heavy Commercial vehicles segment is projected to grow at fastest CAGR, in terms of volume, during the forecast period.” Heavy Commercial vehicle type is projected to be the fastest growing segment in global automotive NVH material market, in terms of volume, during the forecast period. Because of the increase in infrastructure projects in emerging markets has led to an increased need for mass transportation of supplies and raw

  2. materials. The need for mass transportation has led to an increase in the demand for HCV, thus driving the demand for automotive NVH materials. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=227596009 “North America is expected to be the second largest market following Asia Pacific for automotive NVH material market, during the forecast period, in terms of value and volume.” North America is the most promising regional market for polymers and related industries, including automotive NVH material. The U.S. dominates the North American automotive NVH materials market with maximum share. Canada and Mexico are the other major automotive NVH materials markets in the region. The factor that is contributing to the growth of the North American automotive NVH materials market are associations, such as FMVSS, CMVSS, and NHTSA, which regulate the vehicle and road safety norms in the U.S. and Canada. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the automotive NVH material market include DuPont De Nemours, Inc. (U.S.), BASF SE (Germany), Sumitomo Riko Company Limited (Japan), Dow Inc. (U.S.), Covestro AG. (Germany) and others.

  3. Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=227596009 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

More Related