Global Automotive NVH Materials Market Size To Worth USD 23.8 Billion By 2033 | CAGR Of 5.15%

Category: Chemicals & Materials

RELEASE DATE Nov 2024
REPORT ID SI7413

Global Automotive NVH Materials Market Size To Worth USD 23.8 Billion By 2033

According to a research report published by Spherical Insights & Consulting, the Global Automotive NVH Materials Market Size to grow from USD 14.4 billion in 2023 to USD 23.8 billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.15% during the forecast period.

Global Automotive NVH Materials Market

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Browse key industry insights spread across 260 pages with 160 Market data tables and figures & charts from the report on the  "Global Automotive NVH Materials Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Rubber, Plastic & Foam, Fibers, and Others), By Application (Absorption, Damping, and Insulation), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/automotive-nvh-materials-market

 

The automotive NVH (Noise, Vibration, and Harshness) materials market is experiencing steady growth, driven by the increasing need for quieter, more comfortable vehicles and stricter noise pollution regulations. Materials like rubber, foams, and polymers are essential for reducing unwanted noise and vibrations, improving both vehicle performance and passenger comfort. The growth of electric vehicles (EVs) is further driving demand, as these vehicles require tailored NVH solutions to manage the high-frequency noise generated by electric drivetrains. There is also a rising focus on lightweight and sustainable materials to meet automakers' goals for improved fuel efficiency and environmental sustainability. Key regions in the market include North America, Europe, and Asia-Pacific, with emerging economies making significant contributions. Ongoing innovations in material technology continue to shape market trends, ensuring strong growth potential.

 

Automotive NVH Materials Market Value Chain Analysis

The automotive NVH materials market value chain includes raw material suppliers, manufacturers, distributors, and end-users (automobile OEMs). Raw material suppliers provide key components such as rubber, polymers, foams, and metals, which are processed into NVH solutions by manufacturers. These manufacturers create specialized products like insulation mats, soundproof foams, and damping sheets designed to reduce noise and vibration. The products are then distributed through wholesalers and distributors to ensure their global reach. Automobile OEMs, the main end-users, incorporate these materials into vehicles during the design and manufacturing stages, focusing on improving comfort and meeting noise regulation standards. The value chain is shaped by factors like material innovation, sustainability, and cost-efficiency, with an increasing shift towards lightweight and recycled materials influencing market trends and collaborations.

 

Automotive NVH Materials Market Opportunity Analysis

The automotive NVH materials market presents significant growth opportunities, fueled by shifting consumer preferences, technological innovations, and evolving industry trends. The growing adoption of electric vehicles (EVs) increases the demand for advanced NVH solutions to manage high-frequency noise and improve cabin comfort. Stricter regulations on noise pollution and vehicle safety also drive the need for specialized materials. The rising focus on lightweight NVH materials aligns with automakers' goals of enhancing fuel efficiency and meeting emission standards. Emerging markets in Asia-Pacific, especially India and China, offer promising prospects due to expanding automobile production and urbanization. The push for sustainable, recyclable materials further accelerates the demand for eco-friendly NVH solutions. Ongoing research and development efforts, alongside collaborations between material manufacturers and OEMs, are expected to fuel market growth and unlock new opportunities.

The growing adoption of electric vehicles (EVs) is a key factor driving the automotive NVH materials market. Unlike traditional internal combustion engine vehicles, EVs feature quieter powertrains, which shift the focus to managing other noise sources, such as tire, wind, and road noise. This increases the demand for advanced NVH materials to improve cabin comfort and reduce noise levels. Additionally, electric drivetrains produce high-frequency vibrations that require specialized damping and insulation solutions. As governments promote EV adoption through incentives and stricter emission regulations, the demand for NVH materials specifically designed for EVs continues to rise. Manufacturers are focusing on developing lightweight and sustainable NVH solutions to address these needs, aligning with the automotive industry's emphasis on energy efficiency and environmental sustainability.

A major challenge in the automotive NVH materials market is the high cost of advanced materials, which can drive up production costs for automakers, particularly in price-sensitive markets. The shift toward lightweight vehicles to improve fuel efficiency presents another difficulty, as traditional NVH materials may not meet weight reduction requirements, necessitating costly innovations. Moreover, the increasing adoption of electric vehicles introduces challenges in managing high-frequency noise, requiring specialized solutions that may not yet be widely available or affordable. Environmental concerns and regulatory pressures on non-recyclable materials add further complexity, pushing for more sustainable alternatives. Additionally, supply chain disruptions and fluctuating raw material prices pose obstacles, affecting production schedules and profit margins.

 

Insights by Material Type

The rubber segment accounted for the largest market share over the forecast period 2023 to 2033. The rubber segment in the automotive NVH materials market is experiencing strong growth, driven by its key attributes, including durability, flexibility, and excellent noise and vibration absorption. Rubber is widely used in components such as gaskets, seals, bushings, and mounts to minimize vibrations and improve cabin comfort. The increasing adoption of electric vehicles (EVs) is further fueling demand, as EVs require advanced damping solutions to manage high-frequency noise and vibrations from the drivetrain. Additionally, the push for lightweight vehicles has led to greater emphasis on rubber composites and blends that deliver effective NVH performance without adding significant weight. Innovations in sustainable rubber materials, including recycled and bio-based options, are gaining momentum, aligning with the industry's focus on reducing environmental impact while maintaining high-performance standards.

 

Insights by Application

The absorption segment accounted for the largest market share over the forecast period 2023 to 2033. Absorptive materials, including foams, mats, and composites, are commonly used in vehicle interiors such as door panels, headliners, and floor systems to absorb sound and reduce vibrations. The increasing emphasis on passenger comfort and stricter noise regulations across regions have driven demand for more effective sound-absorbing materials. Moreover, the rise of electric vehicles (EVs), which require solutions to address high-frequency noise and vibrations from electric drivetrains, is further fueling growth in this segment. Innovations in lightweight, eco-friendly, and high-performance absorption materials are also supporting market expansion, providing automakers with sustainable and cost-efficient solutions to reduce NVH levels.

 

Insights by Region

 

North America

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North America is anticipated to dominate the Automotive NVH Materials Market from 2023 to 2033. North America is a key market for automotive NVH materials, driven by the presence of leading automobile manufacturers and a strong emphasis on advanced vehicle technologies. The region's strict noise pollution and vehicle safety regulations have increased the demand for high-performance NVH solutions. The growing consumer preference for quieter, more comfortable vehicles also fuels market growth. Moreover, the rise of electric vehicles (EVs) in North America presents new opportunities for specialized NVH materials to tackle challenges like high-frequency noise and vibrations from electric drivetrains. Innovation in lightweight and sustainable materials is a significant trend, aligning with the automotive industry's goals for better fuel efficiency and environmental compliance. The United States leads the market, followed by Canada and Mexico, contributing to consistent regional growth.

 

Asia Pacific is witnessing the fastest market growth between 2023 to 2033. The increasing adoption of electric vehicles (EVs) in the region has led to a surge in demand for specialized NVH materials to address the unique noise and vibration challenges associated with EVs. Government initiatives supporting eco-friendly vehicles and stricter noise pollution regulations further drive market growth. Additionally, the growing demand for lightweight materials to enhance fuel efficiency aligns with industry trends. The availability of cost-effective raw materials and manufacturing capabilities in the Asia-Pacific region has positioned it as a key hub for NVH material production, attracting global players and fueling continued market expansion.

 

Recent Market Developments

  • On December 2022, Vibracoustic has created a battery isolation pack system designed to separate the body from the chassis in electric vehicles. This system is suitable for a range of vehicles, including light commercial vehicles, large SUVs, and off-road vehicles.

 

Major players in the market

  • BASF SE (Germany)
  • The Dow Chemical Company (US)
  • 3M Company (US)
  • ElringKlinger AG (Germany)
  • Huntsman Corporation (US)
  • Sumitomo Riko Co. Ltd (Japan)

 

Market Segmentation

This study forecasts revenue at global, regional, and country levels from 2023 to 2033.

 

Automotive NVH Materials Market, Material Type Analysis

  • Rubber
  • Plastic & Foam
  • Fibers
  • Others

 

Automotive NVH Materials Market, Application Analysis

  • Absorption
  • Damping
  • Insulation
     

Automotive NVH Materials Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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