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Strong Growth Ahead: Automotive Noise, Vibration And Harshness Materials Market Size To Grow At Arecord 8.2% Cagr By 2029
Automotive Noise, Vibration And Harshness Materials
How Big Is the Automotive Noise, Vibration And Harshness Materials Market Size Expected to Be by 2034?
In the past few years, the market size for materials dealing with noise, vibration, and harshness in the automotive industry has seen substantial growth. It is projected to rise from $13.51 billion in 2024 to $14.54 billion in 2025, showcasing a compound annual growth rate (CAGR) of 7.7%. Factors contributing to this growth during the historic period include regulatory compliance, the consumer preference for less noisy vehicles, the worldwide expansion of automotive production, governmental backing, and robust market development in emerging economies.
The market size for automotive noise, vibration, and harshness materials is predicted to witness substantial growth in the coming years, with projections suggesting a rise to $19.9 billion by 2029, and a compound annual growth rate (CAGR) of 8.2%. Key contributors to this forecasted growth are expected to be the expansion of electric vehicles (EV), increase in autonomous vehicles, urbanization trends, and rising disposable incomes. Over the forecast period, factors such as improved testing and measurements, the incorporation of NVH simulations, multi-material solutions, customized options for different vehicle segments, and the integration of smart materials are likely to dominate the trends.
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What Are the Emerging Segments Within the Automotive Noise, Vibration And Harshness Materials Market?
The automotive noise, vibration and harshness materials market covered in this report is segmented -
1) By Type: Rubber, Plastic And Foam, Fibers, Other Types
2) By Vehicle: Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
3) By Application: Absorber, Isolator, Damper
4) By End User: Hood, Trunk, Chassis, Other End-Users
Subsegments:
1) By Rubber: Natural Rubber, Synthetic Rubber, Rubber Composites
2) By Plastic and Foam: Polyurethane Foam, PVC Foam, Acoustical Plastic Panels
3) By Fibers: Polyester Fibers, Glass Fibers, Natural Fibers (e.g., Cotton, Wool)
4) By Other Types: Mass Loaded Vinyl (MLV), Composite Materials, Acoustic Sealants and Adhesives
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What Long-Term Drivers Are Shaping Automotive Noise, Vibration And Harshness Materials Market Trends?
The surge in demand from the electric vehicle sector is the primary factor fueling the expansion of the automotive noise, vibration, and harshness materials market. Electric vehicles are defined as those that utilize electricity to enhance efficiency. These automotive noise, vibration, and harshness materials contribute to electric vehicles' improved performance by helping to minimize noise and vibration, making the drive comfortable and quiet. This is achieved by refining the power system's performance and design, the magnetic brake, gearbox, and the engine of these electric vehicles. For example, a report released by Kelley Blue Book, a Cox Automotive company based in the US, revealed that in 2023, a record-breaking 1.2 million American car consumers opted for electric vehicles, equivalent to 7.6% of the total US vehicle market, a rise from 5.9% in 2022.
Who Are the Top Competitors in Key Automotive Noise, Vibration And Harshness Materials Market Segments?
Major companies operating in the automotive noise, vibration and harshness materials market include Dow Chemical Company, 3M Company, Sumitomo Riko Co. Ltd., Covestro AG, Huntsman International LLC, Celanese Corporation, Eastman Chemical Company, Nihon Tokushu Toryo Co. Ltd., Second Skin Audio Inc., FatMat Sound Control, HushMat Inc., Soundproof Cow LLC, GT Sound Control Inc., Wolverine Advanced Materials LLC, Silent Coat UK Ltd., DuPont de Nemours Inc., Exxon Mobil Corporation, Lanxess AG, Saudi Basic Industries Corporation, Goodyear Tire & Rubber Company, Yokohama Rubber Company Limited, H.B. Fuller Company, Sika AG, Autoneum Holding AG, Nitto Denko Corporation, Henkel AG & Co. KGaA, W. L. Gore & Associates Inc., Borgers SE & Co. KGaA, Megasorber Pty Ltd., Silentium Ltd., Vibracoustic GmbH, ElringKlinger AG, Rogers Corporation, Saint-Gobain S.A.
What Automotive Noise, Vibration And Harshness Materials Market Trends Are Gaining Traction Across Different Segments?
The trend of technological innovation is increasingly influential in the automotive noise, vibration and harshness materials market. Leading companies in this market sector are developing products with high-tech attributes to solidify their market status. For example, VI-grade, a technology firm based in Italy, launched the DiM FSS simulator in June 2024. This innovative (Driver-in-the-Loop Full-Scale Simulator) by VI-grade integrates real drivers into an authentically simulated environment, forming a comprehensive vehicle dynamic and driver interaction testing platform. By facilitating various scenarios, the simulator allows the engineers to evaluate vehicle performance, thereby significantly reducing the development time and cost, while enhancing safety and accuracy.
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Which Regions Are Becoming Hubs for Automotive Noise, Vibration And Harshness Materials Market Innovation?
Asia-Pacific was the largest region in the automotive noise, vibration and harshness materials market in 2024. The regions covered in the automotive noise, vibration and harshness materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Noise, Vibration And Harshness Materials Market?
2. What is the CAGR expected in the Automotive Noise, Vibration And Harshness Materials Market?
3. What Are the Key Innovations Transforming the Automotive Noise, Vibration And Harshness Materials Industry?
4. Which Region Is Leading the Automotive Noise, Vibration And Harshness Materials Market?
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