At a CAGR of 5.5%, Automotive NVH Materials Market to Reach US$ 16.3 Billion by 2027

According to the latest report by IMARC Group, titled "Automotive NVH Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", Offers a comprehensive analysis of the industry, which comprises insights on Automotive NVH Materials Market.

The global market reached a value of US$ 11.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.3 Billion by 2027, exhibiting at a CAGR of 5.5% during 2022-2027.

NVH is a term referred to describe the noise, vibration, and harshness of a car. Automotive noise, vibration, and harshness materials (NVH) help minimize such issues in automobiles, especially in buses and cars. The materials are largely used to reduce the noise and vibration transmitted by the engine accessories, such as floor and pedals, cooling fans, and steering wheels. The air-borne and stricture sounds can hamper the durability of the vehicle and cause discomfort to the passengers. Thus, NVH materials are witnessing huge demand in the automotive industry to improve durability, lower cabin sounds in vehicles, and enhance fuel economy.   

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The rising sale of luxury cars and surging per capita income of the consumers are some of the key factors primarily accelerating the market growth. The governments of various countries are implementing stringent regulations to reduce vehicle noise levels, which is creating a positive outlook for the market.  Moreover, the rapidly expanding automotive industry and rising focus on noise cancellation and acoustic management in passenger cars are factors providing a significant boost to the market growth. Additionally, the key manufacturers are now employing polyurethane, polypropylene, and polyvinyl chloride, as NVH materials to widen their product portfolio, which is driving market growth across the globe.

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Key Market Segmentation:

Based On Product:

Polyurethane
Mixed Textiles Fibers
Fiber Glass
Polyester Fiber
NBR
Polypropylene
PVC
Textile Materials (Synthetic) 
Textile Materials (Cotton)

Based On Vehicle Type:

Passenger Vehicles  
LCV  
HCV

Based On Application:

Trunk Module
Floor Module 
Wheel Arches 
Cockpit Module 
Roof Module 
Engine Casing 
Bonnet Liners

Region:

Asia Pacific 
Europe 
North America 
Middle East and Africa
Latin America

Competitive Landscape:

BASF SE
The DOW Chemical Company
ExxonMobil
3M Company
Mitsui Chemicals, Inc.
Sumitomo Riko Company Limited
Covestro AG
Celanese Corporation
Huntsman Corporation
Lanxess AG
Borgers AG.

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

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