Automotive Acoustic Material Market Overviews
Automotive acoustic materials come in a variety of materials, including textiles and foams. These materials are widely used in the automotive sector to reduce noise levels and increase comfort and safety.
Road noise is lessened by the acoustic materials' ability to absorb and insulate sound. Numerous well-known automakers and OEMs are continuously developing these cost-effective and efficient materials in order to give their customers greater pleasure. These actions are anticipated to lead to future market expansion.
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Automotive Acoustic Material Market Scope and Methodology:
The Automotive Acoustic Material Market Report offers a comprehensive analysis of the Automotive Acoustic Material industry, which covers the study of its segments. The report's scope includes a complete inspection of trends, growth drivers, challenges, and opportunities in the Automotive Acoustic Material market. It assesses key players their product portfolio, SWOT analysis, business strategy, competitive strategies, and recent developments of the product. The scope includes market size projections and CAGR analysis. The report on Automotive Acoustic Material Market covers key aspects of the market dynamics such as drivers, restraints, challenges, and opportunities. Major competitors in the Automotive Acoustic Material Market are listed along with new entrants to get an all-inclusive outlook on the competitive landscape of the market. The research methodology involves several approaches including primary data collection through surveys and interviews with industry experts, and the secondary data is collected from reputable data sources and databases. The report also provides insights into the Automotive Acoustic Material market region-wise with their key countries.
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Automotive Acoustic Material Market Regional Insights
Regarding the growth of the automotive acoustic material market, Europe is the second-largest region.
The second-largest market for passenger cars, particularly luxury cars, is Europe. As luxury car sales are predicted to increase linearly over the projection period, the European market for acoustic materials is expected to develop as well.
North America Creates New Opportunities for Development:
The North American region is anticipated to offer profitable prospects for the expansion of the automotive acoustic materials market over the course of the projected year. Additionally, it is anticipated that the rising demand for luxury cars in this region will boost economic expansion during the projection period.
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Automotive Acoustic Material Market Classifications
by Vehicle Type
Passenger Cars
LCV
HCV
by Material Type
Acrylonitrile butadiene styrene (ABS)
Fiberglass
Polyvinyl chloride (PVC)
Polyurethane (PU) foam
Polypropylene
Textiles
According to Material Type, the Acrylonitrile Butadiene Styrene (ABS) segment is projected to hold a market share of more than 32.4% in 2023. ABS and other engineering thermoplastics are widely used and ideal for automotive applications due to their strength and stiffness. It is widely used in the manufacturing of auto body parts and accessories. ABS is easy to mold into a variety of sizes and forms and has strong impact resistance.
by Application
Underbody & engine bay acoustics
Interior cabin acoustics
Exterior acoustics
Trunk panel acoustics
by Components
Arch Liner
Dash
Fender & Floor Insulator
Door
Head & Bonnet Liner
Engine Cover
Trunk Trim
Parcel Tray
Other
During the projected period, the door segment is anticipated to increase at a compound annual growth rate (CAGR) . The door is one of the fundamental interior parts present in all kinds of automobiles. The market is expected to expand rapidly due to its great strength and superior aesthetic attributes. The door trim is one of the basic interior elements included in every car class. As a result, OEMs highlight its cost-effectiveness, enhanced strength, durability, and design flexibility. Autos' acoustic performance is improved by the mix of many materials. It is therefore anticipated to be the largest contributor to the market for automotive acoustic materials.
The following companies are included in the market for Automotive Acoustic Material :
1. Bayer AG (Germany)
2. Henkel AG & Co. KGaA (Germany)
3. Covestro AG (Germany)
4. J. H. Ziegler GmbH (Germany)
5. BASF SE (Germany)
6. Huntsman International LLC (US)
7. Auralex Automotive Acoustics, Inc. (US)
8. Johns Manville (US)
9. E. I. du Pont de Nemours and Company (US)
10. FABRI-TECH COMPONENTS, Inc. (US)
11. Thomas Publishing Company. (US)
12. Owens Corning (US)
13. HARMAN International. (US)
14. UFP Technologies, Inc. (US)
15. 3M Company (US)
16. Soundproof Cow (US)
17. Sumitomo Riko Company Limited. (Japan)
18. NIHON TOKUSHU TORYO CO.,LTD. (Japan)
19. Toray Industries (Japan)
20. Tex Tech Industries (India)
21. H.S. Engineers (India)
22. Alfa Acoustics (India)
23. Rockwool International A/S (Denmark)
24. Knauf Insulation (Belgium)
25. Saint-Gobain (France)
26. Fletcher Insulation (Australia)
27. LyondellBasell Industries Holdings B.V. (Netherlands)
28. Easy Noise Control B.V. (Netherlands)
29. Acoustic & Insulation Techniques, S.L. (Spain)
30. Tecman Speciality Materials Ltd. (UK)
31. Sika AG (Switzerland)
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Key questions answered in the Automotive Acoustic Material Market are:
- What is Automotive Acoustic Material?
- What is the growth rate of the Automotive Acoustic Material Market?
- Which are the factors expected to drive the Automotive Acoustic Material market growth?
- What are the different segments of the Automotive Acoustic Material Market?
- What growth strategies are the players considering to increase their presence in Automotive Acoustic Material?
- What are the upcoming industry applications and trends for the Automotive Acoustic Material Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Acoustic Material Market?
- Who are the leading companies and what are their portfolios in Automotive Acoustic Material Market?
- What segments are covered in the Automotive Acoustic Material Market?
- Who are the key players in the Automotive Acoustic Material market?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
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