USD 9.6 billion
Report ID:
SQMIG25A2132 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|Tables:
87
|Figures:
76
Automotive NVH Materials Market size was valued at USD 10.12 Billion in 2023 and is poised to grow from USD 10.67 Billion in 2024 to USD 16.24 Billion by 2032, growing at a CAGR of 5.4% during the forecast period (2025-2032).
The positioning of the automotive NVH materials market is supported by mechanical advancement. Businesses use innovation to produce premium materials that improve vehicle comfort, lower noise levels, and lessen hose vibrations. Progress is driven by advancements in sound-absorbing technologies, protection, and new composite materials. Businesses position themselves as leaders in NVH setups that enhance driving by showcasing state-of-the-art material technology. The fundamental to positioning strategies is material separation. Businesses make compounds for particular NVH problems with vehicles. Various definitions position businesses as providers of specialized NVH solutions by reducing motor vibrations, lodge protection, or outdoor noise. Various definitions position businesses as providers of specialized NVH solutions by reducing motor vibrations, lodge protection, or outdoor noise.
In response to the increasing need for high-performance NVH materials that can efficiently supplement active noise control systems, these systems have grown in sophistication and usage. Consequently, new advanced materials are designed to control noise and vibration more efficiently. For example, the manufacture of materials such as polypropylene or elastomers and polymeric foam is aimed at achieving better sound insulation and noise blocking capabilities making them ideal for vehicles with active noise cancelation systems. During the forecast period, it is expected that all of these reasons would present new growth prospects for the automotive NVH materials market.
US Automotive NVH Materials Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 9.6 billion
Largest Segment
Absorption
Fastest Growth
Absorption
Growth Rate
5.4% CAGR
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Global Automotive NVH Materials Market is segmented by application, product type, end-use and region. Based on application, the market is segmented into Absorption and damping. Based on product type, the market can be segmented into Molded rubber, foam laminates, film laminates and others. Based on end-use, the market can be segmented into Cars, LCVs and HCVs. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Automotive NVH Materials Market Analysis by Application
As per categorization by application, the market is classified as interior, and exterior. Among these, interior earned the largest share and continues to dominate the global automotive NVH materials market share. Interior applications dominate the global automotive NVH materials market due to increasing consumer demand for enhanced cabin comfort, reduced noise, and smoother rides. Innovative NVH materials like acoustic insulation, damping pads, and foams are being widely used to improve sound insulation and vibration control within vehicle interiors. Due to the increased demand for quiet and soothing cabin environments, automobile manufacturers have concentrated on advanced NVH solutions which further strengthens the market share of interior applications in automotive NVH materials.
The exterior application is projected to be the fastest-growing segment in the global automotive NVH materials market due to rising demand for quieter and more durable vehicles, as well as advancements in electric vehicle (EV) design. EVs, which lack the engine sounds of traditional vehicles, make road and wind noise more noticeable, increasing the need for effective exterior noise and vibration control. Innovations in lightweight NVH materials, like specialty foams, barriers, and insulators, are being used to minimize exterior noise intrusion. Furthermore, the growing consumer demand for a superior, tranquil driving experience and the accompanying rising noise pollution control measures are compelling car manufacturers to improve exterior NVH solutions.
Automotive NVH Materials Market Analysis by Vehicle Type
Passenger vehicles dominate the global automotive NVH materials market due to high consumer expectations for comfort, low noise levels, and smooth driving experiences. There is a growing integration of advanced NVH materials, for example, advanced acoustic insulators, damping materials, and noise absorbing foams, in the passenger vehicles to mitigate engine, road, and wind noise. The increase in the consumption of electric vehicles which has a greater emphasis on noise control management, has also fuelled the segment in the adoption of NVH materials. However, with the rising demands in consumers for more silent and comfortable cabins, the automobile manufacturers are now concentrating on enhancing the NVH solution designs for the cars in the market allowing them to remain at the forefront of the global automotive NVH materials market.
Commercial vehicles are expected to be the fastest-growing segment in the global automotive NVH materials market due to heightened demand for noise reduction in heavy-duty applications and long-haul transportation. Advanced vibration dampers, noise insulating panels, sound absorbing barriers and other NVH material innovations are progressively being adopted in order to increase the driver’s comfort and help in the extent of fatigue experienced. This is critical in commercial fleets. In addition, the increase in demand on modernized fleet is also causing growth with regards to NVH mitigation solutions due to the need for noise abatement measures in urban centers onboard commercial motor vehicles. With the growth of logistics and transportation especially in developing countries, the global automotive NVH materials market used in commercial vehicles is expected to accelerate within the next few years.
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Asia Pacific leads the global automotive NVH materials market due to its booming automotive manufacturing sector, high vehicle production volumes, and substantial demand for passenger and commercial vehicles in countries like China, Japan, and India. Urbanization in the region is increasing at an impressive rate. As a result, there is a rise in population disposable incomes which in turn fuels the demand of consumers seeking better comfort and low noise levels in the vehicles. In addition to this, Asia Pacific is a center of electric vehicles production where there is a need for noise and vibration attenuation owing to excess road as well as wind noise. In addition, the automotive sector in the region is further reinforced by friendly government policies that enhance the automotive development in the region, impacting the global automotive NVH materials market forecast positively. That coupled with domestic manufacturing’s commitment to developing state-of-the-art NVH technology making Asia Pacific region a leader in this market.
North America is the fastest-growing region in the global automotive NVH materials market due to strong consumer demand for high-performance vehicles with superior comfort and noise reduction. The popularity growth of electric cars and luxury cars has upped the demand for advanced levels of NVH control to quiet the noise and enhance the control of vibrations in vehicle cabins. On top of that, strict regulations on noise emissions, especially in cities, compel vehicle manufacturers to use better NVH materials. In addition, the Affordable care structures within the region with the focus on vehicle modernization and heavy research development funding allocated to lightweight and eco-friendly NVH materials market expansion. All these also have an enabling economy as there is a growing automobile market and a change in consumer tastes to more luxurious experiences.
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Drivers
Growing Demand for Enhanced Vehicle Comfort
Rising Adoption of Electric Vehicles (EVs)
Restraints
Limited Awareness and Understanding
Competition from Alternative Technologies
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The competitive landscape of the global automotive NVH materials industry is characterized by several key players focusing on innovation and sustainability. Several leading firms, comprised of 3M, BASF, DuPont, Huntsman Corporation among others, are engaged in advanced material science with the intention of improving noise and vibration attenuation in automobiles. These firms are funding research and development towards creating lightweight and effective NVH solutions in addition to working with automobile manufacturers to respond to the increasing demands of consumers for comfort and performance irrespective of the type of car whether traditional or electric.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global automotive NVH materials market is experiencing significant growth driven by technological advancements, increasing consumer demand for comfort, and the rise of electric vehicles. Innovations in lightweight, sustainable materials are crucial for addressing noise, vibration, and harshness challenges in modern vehicles.
With the ongoing customization of products for interior and exterior use by the manufacturers, there are indications of positive global automotive NVH materials market trends. Geographic trends also show a large share of the Asia Pacific region while a faster growth in the North America region, which shows the global trends towards enhancing the driving experience through NVH solutions. The overall outlook suggests that there is great potential for further growth of the market.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 9.6 billion |
Market size value in 2031 | USD 15.41 billion |
Growth Rate | 5.4% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Automotive NVH Materials Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive NVH Materials Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive NVH Materials Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Report ID: SQMIG25A2132
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