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Noise and Vibration Coatings Market is anticipated to record a CAGR of 6.8% over the forecast period

04-17-2019 12:23 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Noise and Vibration Coatings Market is anticipated to record

Noise and Vibration Coatings are applied for lowering sounds and vibrations from machines and automobiles, these coatings are basically water based compounds that comprise of VOC compliant and noise reducing paints. Factors such as low toxicity, non-flammable nature, high corrosion resistance, good thixotropic properties and high temperature resistance have made them attractive in the automotive and heavy duty machine industries. The application of these coatings in transformer, HVAC systems, Heavy duty automobiles, motors and grinders make them highly striking to automotive manufacturers. Noise and vibration coatings are usually available in the market in spray and paste forms. Lowering of noise and vibrations in heavy duty machineries helps in more efficient and smooth working of labors in large equipment industries. Additionally, government regulations regarding the decibels of noise that can be generated from specific equipment has resulted in an increased demand for noise reducing agents as noise and vibration coatings in automobiles and heavy duty equipment industries. Vibration dampening liquid coatings possesses chemical resistance, viscoelasticity, and chip resistances that make manufacturers adopt these coatings for various purposes in industrial application. These sound and vibration dampening coatings are also available in various colors.

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Market Size & Forecast

Noise and Vibration Coatings Market is anticipated to record a CAGR of 6.8% over the forecast period. Many multi-national companies are concentrating towards new product advances in noise and vibration coatings. Moreover, the many advantageous properties of noise and vibration coatings are exploited in the field of automotive and heavy duty industries now and then. New uses for noise and vibration coatings derivatives are discovered on regular basis which is expected to drive the Noise and Vibration Coatings market rapidly.

Currently the global noise and vibration coatings market is observing vibrant growth owing to increasing demand of vibrations and noise dampening agents in the market. Advances in automobile industry in the past few years and growing technological explorations are projected to drive noise and vibration coatings market besides the wide range of functions of noise and vibration coatings in an immense range of products such as foamed feed chutes and hoppers, machinery and belt guards, fan & blower housings, vacuum cleaners and more during the forecast period.

On the basis of regional platform, global Noise and Vibration Coatings market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.As a precursor to noise dampening agent in rough and heavy duty industry, North America is panned to observe substantial noise and vibration coatings market growth due to rising noise and vibration coatings usage. North America is expected to be followed by Europe in terms of consumption due to expanding noise and vibration coatings requirements in military, transformers and transportation equipment manufacturing industries.

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Asia Pacific is expected to drive demand and positively impact noise and vibration coatings market growth over the forecast period on account of increasing noise and vibration coatings application for vibration and noise dampening in vacuum cleaners & lawn mowers. Due to the increasing uses of noise and vibration coatings in end-use products such as parts of cabinets and panels, tumblers and vibratory conveyors, and consumer products, Asia Pacific is budding as a regional noise and vibration coatings and its derivatives consumption market.

Market Segmentation

Our-in depth analysis of the global Noise and Vibration Coatings market includes the following segments:

By Classification

Epoxy Resins
Epoxy PE Resins
Thermoplastics
Others
By Form

Spray
Paste
By Application

Automotive
Marine
Aerospace
Others
By Region

Global Noise and Vibration Coatings Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.
Growth Drivers & Challenges

The rising demand for noise and vibration coatings in various end-user industries, such as marine, automotive, oil, aviation and aerospace, is estimated to showcase a steady growth of the market over the forecast period. The use of noise and vibration coatings in heavy consumer products is predicted to propel the market further rapidly. The use of these coatings on metals for corrosion resistance is predicted to expand the applications of noise and vibration coatings across end-user industries. Additionally, the application of noise and vibration coatings suitable for work vehicle, food-processing area, container, tank, and heavy-duty machinery coating is expected in greater market expansion across the globe over the forecast period. The use of noise and vibration coatings in machinery & belt guards, transportation equipment surfaces, feed chutes & hoppers, parts tumblers & vibratory conveyors, fan & blower housings is anticipated to display a vibrant growth rate over the forecast period.

However, presence of alternatives such as fiberglass isolation pads and isolators, spring isolators, sound control baffles or panel absorbers and other equipment used in heavy machines for vibration and noise absorption can pose as the key restraint in the growth of the noise and vibrations coating market during the forecast period.

Key Players

Dow Chemical Company
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Mascoat
LORD Corporation
Silent Running
Daubert Chemical Company
Decc Company
Pyrotek
BRD Noise and Vibration Control, Inc.

Netwell Noise Control
Electro coatings Inc.

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About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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