Technology Research Reports Automotive NVH Materials Market

Automotive NVH Materials Market Analysis, Size, Growth,
Share & Forecast to 2025 | Grand View Research Inc.
“Construction Equipment Rental Market Worth $230.0 Billion by 2025”
The global automotive noise, vibration & harshness (NVH) materials market is expected to reach USD 13.09
billion by 2025, according to a new report by Grand View Research, Inc. Globally increasing automobile
production has been a major factor driving market growth. In addition, growing awareness regarding the
advantages of NVH reduction and acoustic management in vehicles has led to the increased utilization of NVH
materials in automobiles.
The use of noise & vibration absorbing and damping products in automobiles help improve the overall ride
quality, comfort, performance, and safety of the vehicle. The increasing automobile production across the
globe acts as the major driver for the industry growth. In addition, the shifting consumer preferences towards
comfort, and ride experience in passenger cars is expected to propel the demand for the product over the
coming years.
Foam laminates were the largest product category in 2015 and is expected to maintain a relatively high growth
rate over the forecast period. The molded foam product category is expected to witness relatively low growth of
3.8% over the coming years, owing to its limited application scope in vehicles.
NVH materials in HCVs are expected to observe the fastest growth over the next nine years at an estimated
CAGR of over 6% from 2016 to 2025. The increasing use of heavy-duty trucks in the logistics & transportation
industry, for the transportation of heavy commodities over medium and long distances, propels the demand for
HCVs. In addition, the presence of stringent regulations concerning vehicle safety, in terms of vehicle weight
and safety standards, is expected to boost the demand for light-weight products in HCVs over the forecast
period.
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