Low-Frequency Sound-Absorbing Insulation Materials Market worth $165 million by 2025

According to recent market research "Low-Frequency Sound-Absorbing Insulation Materials Market by Type (Foam, Others), Application (Under the Bonnet, Interior) and Region (Europe, North America, Rest of the World) - Global Forecast to 2025", The Low-frequency sound-absorbing insulation materials market is projected to reach USD 165 million by 2025 from USD 151 million in 2020, at a CAGR of 1.8%.

Browse 78 market data Tables and 26 Figures spread through 221 Pages and in-depth TOC on "Low-Frequency Sound-Absorbing Insulation Materials Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/low-frequency-sound-absorbing-insulation-materials-market-250620713.html

Low-frequency sound-absorbing insulation materials are the materials that reduce the intensity of sound with respect to a specified source and receptor. Low-frequency range to be considered: 200-1,000 Hz, Mid-high range frequencies to be considered: 1,000–4,000 Hz. The noise and vibrations generated by the engines can be unpleasant for the driver as well as the surroundings. Additionally, over heating can also have significant consequences for vehicles such as evaporating essential fluids and damage components.

Several regulatory authorities guide and regulate the North American automotive industry, including Federal Motor Vehicle Safety Standards (FMVSS) and the National Highway and Traffic Safety Administration (NHTSA) regulate the vehicle and road safety norms. In Canada, Canada Motor Vehicle Safety Standards (CMVSS) is the regulatory body for traffic and automobile safety. Also, in Europe several regulatory authorities guide and regulate the global automotive industry, including the United Nation Economic Commission of Europe (ECE) and EU (EG directive) in Europe.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=250620713

The low-frequency sound-absorbing insulation material market is estimated to be USD 151 million in 2020 and is expected to reach USD 165 million by 2025, at a CAGR of 1.8% during the forecast period. Factors such as several regulatory authorities guide and regulate the North American automotive industry, including Federal Motor Vehicle Safety Standards (FMVSS) and National Highway and Traffic Safety Administration (NHTSA) regulate the vehicle and road safety norms. In Canada, Canada Motor Vehicle Safety Standards (CMVSS) is the regulatory body for traffic and automobile safety. Europe is the key market for Low-frequency sound-absorbing insulation materials, globally, followed by North America.

Major players profiled in the report include Saint-Gobain (France), Autoneum (Switzerland), 3M (US), DuPont (US), BASF (Germany), Mitsubishi Chemical Holdings (Japan), and Stevens Insulation LLC (US).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250620713

Saint-Gobain (France) is one of the players in the low-frequency sound-absorbing insulation material market. The company is focusing on enhancing its product portfolio by the acquiring other players present in this market. For instance, Saint-Gobain acquired Pritex (UK), a key company in the thermo-acoustic insulation solutions market. The acquisition will enable the mobility business unit of Saint-Gobain High Performance solutions to expand its business model beyond automotive glazing and offer advanced solutions in the mobility market for comfort, safety, and energy savings.

Companies also adopted expansion of production capacity as a strategy to expand their market presence. For instance, in April 2018, Saint-Gobain has increased its glass production capacity for automotive market through its joint venture with a Chinese group, JJG, almost doubling the production of basic glass.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/low-frequency-sound-absorbing-insulation-materials.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/low-frequency-sound-absorbing-insulation-materials-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.