Automotive NVH Materials Market to register substantial growth by 2024

October 16, 2019

According to the latest study titled ‘Global Automotive NVH Materials Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024’ available with Market Study Report LLC, the global automotive NVH materials market is estimated to grow substantially by the year 2024. 

Automotive NVH (noise, vibration, & harshness) materials are designed to reduce and modify the noise and vibration characteristics in automobiles. These disturbances are generally transmitted from various engine accessories such as cooling fans, pedals, floor, and steering wheels of vehicles. NVH materials are filled in the cavities to reduce the interior noise. Government initiatives to make safer and quieter vehicles, coupled with technological advancements aimed at reducing noise and vibration in vehicles to provide comfort to the user, will propel the growth of automotive NVH materials market.

Excellent properties of NVH materials such as lightweight, oil & water resistance, and integrated production are few factors propelling the market growth. Furthermore, the report delivers a thorough insight about the marketing strategies, challenges, distributing channels, trends, consumer spectrum, and drivers affecting the market growth. 

Based on type, the market is segmented as polyurethane and others. While based on application spectrum, automotive NVH materials market is fragmented into trunk, hood, chassis, and others. The study offers synopsis of revenue shares and projected expansion for each market segment.

Considering the geographical landscape, automotive NVH materials market is segregated into five major regions. South America consists of Argentina, Brazil, and Colombia; Germany, Russia, UK, France, and Italy combines to form Europe; Asia Pacific comprises of India, China, Japan, Korea, and Southeast Asia; North America is composed of Canada, Mexico, and US; and UAE, Egypt, South Africa, Saudi Arabia, and Nigeria fall under Middle East & Africa. 

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The key contenders of global automotive NVH materials market outlined in the report are 3M, Nihon Tokushu Toryo, STP, Megasorber, Henkel, Second Skin Audio, Nitto Denko Corp, HushMat, FatMat Sound Control, Soundproof Cow, Wolverine Advanced Materials, GT Sound Control, JiQing TengDa, Silent Coat, Daneng, JAWS, Beijing Pingjing, DAOBO, Quier Doctor, Beijing Shengmai, and Shenzhen Baolise.