Automotive Acoustic Material Market to Reach $6.6 Billion by 2031, Enhancing Vehicle Comfort and Noise Control

According to a new report published by Allied Market Research, titled, "Automotive Acoustic Material Market," The automotive acoustic material market size was valued at $3.6 billion in 2021, and is estimated to reach $6.6 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.

🔰 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/A08447

Europe is projected to see exceptional growth throughout the anticipated period. Owing to the burgeoning automotive sector, rising sales of premium, luxury, and sports cars, and presence of essential firms in the European countries due to the increased adoption of advanced manufacturing technologies is expected to enhance the overall market space in the future. For instance, in September 2021, BASF presented a new flame-retardant Ultramid grade (PA66) that expands the portfolio of color-stable, tailor-made engineering plastics for use in electric cars for the first time at Fakuma in Friedrichshafen, Germany, where engine and transmission mounts are presented, which lead to savings in production but also contribute to optimized acoustic experiences.

The concept of automotive acoustic material is typically attributed to the reduction in the energy of sound waves generated by the vehicle. It is a material that suppresses echoes, reverberation, resonance, and sound reflection to enhance the vehicle's performance and passengers' riding experience. Various types of materials are used for automotive acoustic according to their properties, such as frequency, composition, thickness, surface finish, and mounting method. The current automotive acoustic material industry is anticipated to be propelled by rising auto sales and the demand for improved comfort and safety features during the upcoming years. Owing to their effectiveness and low weight, sound absorption materials are being employed in the production of automobiles.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/A08447

Additionally, the market exhibits development prospects due to rise in sales of electric vehicles, increase in need for nonwoven materials, and introduction of autonomous vehicles. For instance, in February 2021, Covestro AG partnered with Ceres Holographics, a Scottish technology provider, to commercialize Bayfol® HX photopolymer films for transparent automotive display applications. The new partnership represents the next stage in automotive acoustics which has already been a long-standing cooperation between the two companies. Furthermore, the rising availability of enhanced head & bonnet liners in automobiles with dampening capabilities to protect against condensation forming on components like spark plugs and minimize the damage in case of an engine fire will provide considerable potential opportunities for the industry

In addition, the automotive acoustic material market has witnessed significant growth in recent years, owing to the increased inclination of consumers towards environment-friendly vehicles and implementation of government regulations pertaining to reducing vehicle noise. Furthermore, the companies operating in the market have adopted partnerships, R&D, and product launches to increase their market share and expand their geographical presence. For instance, in. November 2022, Lyondellbasell Industries Holdings B.V. launched pyrolysis oil to produce new automotive acoustics, replacing virgin fossil feedstocks. The recycled content is attributed to the Audi product via a mass balance approach.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:-

𝟑𝐌 𝐀𝐜𝐨𝐮𝐬𝐭𝐢𝐜𝐬,
𝐁𝐀𝐒𝐅 𝐒𝐄,
𝐂𝐨𝐯𝐞𝐬𝐭𝐫𝐨,
𝐅𝐫𝐞𝐮𝐝𝐞𝐧𝐛𝐞𝐫𝐠 𝐆𝐫𝐨𝐮𝐩,
𝐇𝐞𝐧𝐤𝐞𝐥 𝐀𝐝𝐡𝐞𝐬𝐢𝐯𝐞 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬,
𝐇𝐮𝐧𝐭𝐬𝐦𝐚𝐧,
𝐋𝐲𝐨𝐧𝐝𝐞𝐥𝐥𝐛𝐚𝐬𝐞𝐥𝐥,
𝐒𝐢𝐤𝐚,
𝐒𝐮𝐦𝐢𝐭𝐨𝐦𝐨 𝐑𝐢𝐤𝐨,
𝐓𝐨𝐫𝐚𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/automotive-acoustic-material-market/purchase-options

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

By material type, the others segment dominated the global automotive acoustic material market in terms of growth rate.
By application, the underbody and engine bay acoustic segment dominated the global automotive acoustic material market in terms of growth rate.
By component, the engine cover segment dominated the global automotive acoustic material market in terms of growth rate.
By vehicle type, the commercial vehicle segment dominated the global automotive acoustic material market in terms of growth rate.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.