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Automotive Acoustic Materials Market Regional Outlook, Key Manufacturers Analysis and Competitive Analysis by 2031 | Dow Chemicals, 3M Acoustics, BASF SE, Covestro AG, Henkel Adhesives Technologies India Private Limited
Automotive Acoustic Materials Market
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The global automotive acoustic materials market report by the business research company identifies rising sales of electric vehicles to be a major growth driver for the automotive acoustic materials market. Automotive acoustic materials help electronic vehicles to reduce interior vehicle noise, by soundproofing and sound absorbing. For instance, in April 2021, according to a report, Global EV Outlook 2021 published by the International Energy Agency, a France-based autonomous intergovernmental organization, the number of electric vehicles sold worldwide reached 10 million in 2020, an increase of 43% from 2019. There were about 3 million new electric vehicle registrations in 2020. Europe took the lead for the first time with 1.4 million new registrations.
The global automotive acoustic materials market size is expected to grow from $3.00 billion in 2021 to $3.18 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The automotive acoustic materials market is expected to grow to $4.05 billion in 2026 at a CAGR of 6.2%.
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Asia-Pacific was the largest region in the automotive aucostic materials market in 2021. The regions covered in automotive acoustic materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the automotive acoustic materials market are Dow Chemicals, 3M Acoustics, BASF SE, Covestro AG, Henkel Adhesives Technologies India Private Limited, LyondellBasell Industries Holdings B.V., Sumitomo Riko, Sika AG, Rockwool A/S, Huntsman International LLC, Johns Manville, Saint-Gobain Ecophon AB, Harman International, Thomas Publishing Company, UFP Technologies Inc., Nihon Tokushu Toryo Co. Ltd., Knauf Insulation, and Owens Corning.
The global automotive acoustic materials market is segmented -
1) By Material Type: Acrylonitrile Butadiene Styrene (ABS), Fiberglass, Polyvinyl Chloride (PVC), Polyurethane (PU) Foam, Polypropylene, Textiles
2) By Component: Arch Liner, Dash, Fender and Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray, Other Components
3) By Vehicle Type: Passenger Cars, LCV, HCV
4) By Application: Underbody and Engine Bay Acoustics, Interior Cabin Acoustics, Exterior Acoustics, Trunk Panel Acoustics
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The Automotive Acoustic Materials Market Report Contents Include
1. Executive Summary
2. Automotive Acoustic Materials Market Characteristics
3. Automotive Acoustic Materials Market Trends And Strategies
4. Automotive Acoustic Materials Market - Macro Economic Scenario
5. Automotive Acoustic Materials Market Size And Growth
....
27. Automotive Acoustic Materials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Acoustic Materials Market
29. Automotive Acoustic Materials Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the automotive acoustic materials market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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