Automotive NVH Materials Market Forecasts to 2030 - Global Analysis By Material Type, Vehicle Type (Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles ), Function, Application, End User and By Geography

According to Stratistics MRC, the Global Automotive NVH Materials Market is accounted for $7.2 billion in 2024 and is expected to reach $10.1 billion by 2030 growing at a CAGR of 5.7% during the forecast period. Automotive NVH materials are specialized products used in vehicles to reduce unwanted noise, vibrations, and harshness, enhancing passenger comfort and vehicle performance. These materials include acoustic foams, insulating materials, dampening pads, rubber mounts, and thermoplastic polymers. They are applied in various vehicle components, such as door panels, engine casings, and seating, to improve overall ride quality and reduce sound levels.

According to the Organisation International des Constructers d'Automobiles (OICA), Asia-Pacific leads global automobile production in recent years. China is the largest producer of automobiles the country alone produced 2, 57, 20,665 vehicles in 2019.

Market Dynamics:

Driver:

Growth in production of heavy vehicles

Heavy vehicles are created in large quantities due to their advantages in transportation, long-distance driving, and many other areas. However, because of its robust character, heavy raw materials, and durable components, automotive NVH materials are required for improved road performance. Therefore, it is anticipated that throughout the projected period, the worldwide automotive NVH materials market will have higher utilisation rates due to the rising manufacturing of heavy cars.

Restraint:

Installation of active noise control systems

A vehicle's overall vehicle weight increases when its NVH levels are reduced. As a result, automakers including GM, Ford, BMW, and Toyota have created novel and radical techniques to lower the levels of NVH in their vehicles. One such technology is the active noise control system, which enables automakers to improve noise control without adding extra NVH components to vehicles. This technology sends out sound waves with the same amplitude but an inverted phase to the original sound through the vehicle's audio system to suppress low-frequency undesirable noise.

Opportunity:

Growing interest in battery powered and hybrid vehicles

The growing interest in battery-powered and hybrid vehicles presents a significant opportunity in the automotive NVH materials market. These vehicles often produce different noise and vibration profiles compared to traditional internal combustion engine vehicles, necessitating specialized NVH materials to address unique acoustic challenges. Manufacturers of NVH materials have the opportunity to innovate and develop solutions tailored to the specific requirements of electric and hybrid vehicles, thereby catering to a rapidly expanding market.

Threat:

NVH materials increases overall vehicle weight

The weight of the entire vehicle is increased by additional NVH control components. Automobile manufacturers have created more fuel-efficient automobiles as a result of the rising cost of automotive fuels and growing public awareness of how much of a contribution to greenhouse gases vehicles make. Leading automakers used to sell sedans with 2000 cc engines. The same sedans are powered by 1000 to 1500 cc engines today, which are over 1.5 times more fuel-efficient and have the same power as the 2000 cc engines. The new engine emits approximately half as much CO2 per kilometre as the older 2000 cc engines did. Consequently, the problem for automakers is to determine the ideal terms between vehicle weight and NVH levels.

Covid-19 Impact:

The COVID-19 pandemic outbreak has affected imports and exports of automotive NVH materials such engineering resins, rubbers, metals, and others since governments of the top manufacturing nations have implemented export restrictions that are seriously disrupting supplies. Additionally, the pandemic has had a rapid and severe impact on the globally linked automobile sector, resulting in the suspension of Chinese component exports, widespread disruption of manufacturing across Europe. The demand for automotive NVH materials has significantly decreased due to the decline in vehicle production, which is having a significant effect on the automotive NVH materials market.

The rubber segment is expected to be the largest during the forecast period

The rubber segment is estimated to have a lucrative growth, due to its excellent characteristics, such as light weight, high density, and homogeneity, rubbers are commonly utilised for sound absorption in automobiles. It provides the best vibration dampening and sound isolation. Rubber's high density makes it a great choice for NVH construction because it easily absorbs sound and vibration. Additionally, due to its homogeneity, the material's noise and vibration are evenly dispersed.

The absorption segment is expected to have the highest CAGR during the forecast period

The absorption segment is anticipated to witness the fastest CAGR growth during the forecast period. A common countermeasure for circumstances involving excessive radiated noise is to enclose the noise source in acoustic absorbent materials before it is transmitted to the receiver. Design elements including foam type, thickness, and cover films adhered to the foam are altered to achieve acceptable acoustic absorption across the desired frequency range.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to its quickly growing automobile sector. Due to population expansion, emerging nations like China and India should experience an increase in demand for efficient transportation solutions during the projection period. Demand for passenger automobiles and commercial vehicles are anticipated to increase in the area as middle-class households' level of living and spending power increase.

Region with highest CAGR:

The Asia Pacific region anticipates rapid growth in the automotive NVH materials market owing to the increasing production and sales of automobiles, particularly in emerging economies like China and India. Additionally, the rising demand for electric and hybrid vehicles in the region is driving the need for specialized NVH materials to address unique noise and vibration challenges. Furthermore, ongoing industrialization and infrastructure development contribute to the growing automotive sector, fostering market expansion in the region.

Key players in the market

Some of the key players in Automotive NVH Materials Market include DuPont De Nemours, Inc., BASF SE, Sumitomo Riko Company Limited, Dow Inc., Covestro AG, Huntsman International LLC, 3M, Exxon Mobil Corporation, Nihon Tokushu Toryo, Megasorber, Henkel, Borealis, Nitto Denko, Creative Foam Corporation, BRC Rubber & Plastics Inc., Wolverine Advanced Materials, ElringKlinger AG, Hoosier Gasket Corporation and Industry Products Co.

Key Developments:

In September 2023, NBC Bearings has developed specialised low-noise bearings to facilitate reduced NVH levels for EV applications, including motor and wheel hubs, in electric two- and three-wheelers. Clientele includes Mahindra Last Mile Mobility, Altigreen, and Ather Energy among others.

In March 2023, Interflex launches a new range of sustainable materials has been launched to help the rail, leisure and maritime industries reduce noise, vibration and harshness (NVH) and create thermal insulation solutions.

Material Types Covered:

• Engineering Resins
• Nylons
• Polyvinyl Chloride
• Rubber
• Plastic
• Fiberglass
• Metal Laminates
• Cement Composites
• Foam Laminates
• Molded Foam
• Polypropylene
• Textile Materials
• Mixed Textile Fiber
• Polyester Fiber
• Other Material Types

Vehicle Types Covered:

• Passenger Vehicles
• Light Commercial Vehicles (LCV)
• Heavy Commercial Vehicles (HCV)

Functions Covered:

• Insulation
• Absorption
• Damping

Applications Covered:

• Door Panels
• Engine Casing
• Safety Belts
• Seating
• Trunk Module
• Wheel Arches
• Floor Module
• Roof Module
• Cockpit Module
• Bonnet Liners
• Other Applications

End Users Covered:

• Original Equipment Manufacturer (OEM)
• Aftermarket

Regions Covered:

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

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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