Press release
Global Automotive Acoustic Materials Market Development Strategy and Emerging trends by 2025 - DuPont, BASF, The Dow Chemical Company, 3M, Henkel, Covestro, Sika, Huntsman Corporation, Bayer AG, Owens Corning, Johns Manville, ROCKWOOL, Toray Industries
Automotive Acoustic Materials
The Global Automotive Acoustic Materials Market is expected to reach USD 3.86 billion by 2025 from USD 2.08 billion in 2017 and is projected to grow at a CAGR of 7.1% in the forecast period of 2018 to 2025.
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Well known players of Global Automotive Acoustic Materials Market are DuPont, BASF, The Dow Chemical Company, 3M, Henkel, Covestro, Sika, Huntsman Corporation, Bayer AG, Owens Corning, Johns Manville, ROCKWOOL Group, Toray Industries, Inc., ROCKWOOL North America, Toray International Europe GmbH, ROCKWOOL UK, ROCKWOOL NL, Fletcher Insulation, Thomas net, Soundown Corporation, Victrex, Fabri-Tech Components, Inc., Sika USA, Johnson Bros., Roll Forming Co., Heubach Corporation, U.S. Rubber Supply Co., Inc., Tex Tech Industries and others.
Market Segmentation
Based on Application, the market is segmented into
• Exterior,
• Interior,
• Under Hood and Engine Bay,
• Trunk Panel
By Geography
• Asia Pacific
China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific
• North America
US, Canada, Mexico
• Europe
Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe
• South America
Brazil, Rest of South America
• Middle East & Africa
• South Africa,
• Rest of MEA
Based on component, the market is segmented into
• Bonnet Liner,
• Cabin Rear Trim,
• Door Trim, and Others
Based on materials, the market is segmented into
• ABS,
• Fiberglass,
• PU,
• PVC,
• Polypropylene and Others
Based on vehicle, the market is segmented into
• Passenger Vehicle,
• Light Commercial Vehicle and
• Heavy Commercial Vehicle
Based on electrical vehicle, the market is segmented into
• BEV,
• HEV, and
• PHEV
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Market Drivers:
• Increasing of demand in electric and hybrid vehicles.
• Growing demand in premium passenger vehicles segment.
• It is used to reduce the machine and equipment noise.
• Rising government regulations pertaining to vehicles noise trending the acoustic market.
• Distortion due to fluctuating raw material prices will restrain the market growth.
Competitive Analysis
The Global Automotive Acoustic materials market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of IP telephony service market for global, Europe, North America, Asia Pacific and South America. In 2017 Xorcom launched a new IP Phone that’s having features of Speed dialing, call forward/transfer/hold/pick-up.
For instance, in 2017, Cordura, DuPont Tate & Lyle Bio Products launched eco-efficient textiles for long-efficiency and increase inutility and durability products.
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Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the Global Automotive Acoustic Materials Market
• Analyze and forecast the wireless data radio modem market on the basis of services, end-user, and services
• Trends of key regional and country-level markets for processes, derivative and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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