Global Automotive NVH Materials Market Growth Above 10%, 2017-2021 with 3M, BASF, Covestro, Dow Chemical & DuPont Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Automotive NVH Materials Market 2017-2021" report to their offering.

Global automotive NVH materials market to grow at a CAGR of 10.16% during the period 2017-2021.

Global Automotive NVH Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Automotive NVH materials reduce unwanted noise, vibrations (oscillations due to automobile mechanics), and harshness (the level of discomfort) (NVH) in automobiles. Noise in vehicles may be caused by the engine, road, brakes, exhaust system, cooling fans, and external wind noise. Automotive NVH materials perform either acoustic absorption or acoustic insulation functions to absorb the noise and prevent it from entering the inside of the vehicle, thereby enhancing the overall driving comfort.

According to the report, the automobiles sector is constantly evolving with new products thronging the market. Out of the prominent buying criteria, vehicle comfort is ranked among the top three for automobiles. Cost, style and features, and engine capacity are the other key factors impacting buying decisions. Customer satisfaction is inherently linked to comfort, and NVH materials play the most significant role in damping noise, vibration, and harshness, thereby enhancing driving comfort.

Market Dynamics

Market drivers

  • Comfort and safety: Top priority in automobiles sector
  • Increasing demand for non-woven automotive NVH materials
  • Stringent government regulations

Market challenges

  • Fluctuating raw material prices
  • Weight reduction of NVH systems: Global challenge
  • High switching costs between product types

Market trends

  • Increased demand for passenger cars
  • Keen focus on product development
  • Emerging markets: Haven for automotive NVH materials

Key vendors

  • 3M
  • BASF
  • Covestro
  • Dow Chemical
  • DuPont

Other prominent vendors

  • Borealis
  • BSW
  • Celanese
  • Huntsman
  • Recticel
  • Assan Hanil
  • Avon Group
  • Borgers
  • CTA Acoustics
  • Eagle Industries
  • Eastman Chemical
  • ExxonMobil Chemical
  • Fagerdala World Foams
  • Henkel ANAND India
  • Hutchinson
  • IAC (International Automotive Components)
  • Johns Manville
  • LANXESS
  • MBM Resources Berhad
  • Mitsui Chemicals
  • NITTO DENKO
  • Owens Corning
  • Roush Industries
  • Soucy Baron
  • Wolverine Advanced Materials

For more information about this report visit http://www.researchandmarkets.com/research/2fkrpm/global_automotive

Contacts

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Related Topics: Automotive Parts

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Parts