Automotive Acoustic Material Market: Global Industry Analysis and Forecast 2021-2027: By Material Type, Application, Components, Vehicle Type, Electric Vehicle Type and Region

Automotive Acoustic Material Market is anticipated to reach US$ 3.29 Bn by 2027 from US$ 2.40 Bn in 2020 at a CAGR of 4.6 % during a forecast period.

Automotive Acoustic Material Market Overview

Automotive Acoustic Material is a branch of science that studies all mechanical waves in gases, liquids, and solids, such as vibration, sound, ultrasound, and infrared. The formation, propagation, and reception of mechanical waves and vibrations are all topics covered in Automotive Acoustics. Automotive Acoustic Material Market are frequently employed in the current building to reduce the amount of sound that is released. Buildings, for example, are insulated from the inside using Automotive Acoustic materials to lower the noise intensity of the cars outside. Automotive acoustic materials are also utilized in the manufacturing industry to reduce machine noise and vibrations, ensuring the safety of workers on the shop floor. Global Automotive Acoustic Market To know about the Research Methodology :- Request Free Sample Report In report, 2020 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Automotive Acoustic Material Market Dynamics

Over the forecast period, the automotive acoustic market is likely to be driven by rising car sales and the demand for improved comfort and safety features. Due to their low weight and efficacy, sound-absorbent materials are increasingly being employed in the manufacture of automobiles. This trend is driven by demands for high comfort, lightweight, and low fuel consumption in automobiles. In addition, the market will benefit from growing demand for nonwoven materials, rising sales of electric vehicles, and the introduction of driverless vehicles. The introduction of automotive acoustic materials that are easy to install and extend to fill interior cavities in vehicles is expected to enhance demand for the global automotive acoustic materials market. The government's investment in public transportation is expected to boost demand for vehicle acoustic materials. Consumer demand for improved interior, safety, and comfort features is expected to boost the worldwide automobile acoustic materials market. The introduction of electric vehicles and self-driving cars in different locations is expected to boost demand for automotive acoustic materials. Because it is used in numerous components such as the engine cover, dash insulator, and other components that are regularly vibrated when the car is driving, the aftermarket for automotive acoustic materials is expected to grow. The ever-increasing demand for sports and luxury vehicles. The growing popularity of modified antique cars may open up a large market for automotive acoustic materials. Several constraints and problems might stymie market growth. Market limitations are likely to include factors such as rising demand for natural acoustic materials, the complexity of installing an Active Noise Control (ANC) System, acoustic material recycling concerns, and changing raw material prices.

Automotive Acoustic Material Market Segmentation Analysis

By Electric Vehicle Type, by 2027, the automotive acoustic materials market is expected to be dominated by battery electric vehicles (BEVs). The battery is a BEV that is rechargeable and contributes to around 70% of the vehicle's weight. OEMs are pouring money into research and development to decrease the noise generated by BEV motors. The market for acoustic materials is expected to rise soon, thanks to rising vehicle production and an emphasis on cabin comfort. Autoneum, for example, has added Hybrid-Acoustics ECO+ carpet systems, inner dashes, and floor insulators to their electric vehicle product line. By Vehicle Type, in the vehicle type sector, the worldwide market for automotive acoustic materials has the fastest growth for HCVs. The vehicle market is divided into three categories: passenger cars, heavy commercial vehicles, and light commercial vehicles. HCV production is expected to increase from 5.1 million units in 2018 to 6.2 million units by 2027. A region's need for acoustic materials follows its car manufacturing pattern. As a result, the fastest-growing sector of the automotive acoustic materials market is expected to be HCV.

Automotive Acoustic Material Market Regional Insight

The Asia Pacific area has surpassed the United States as the leading market for acoustic materials. In 2020, the Asia-Pacific region produced the most vehicles globally. By volume and value, the area is expected to be the largest market for automotive acoustic materials. The region's massive vehicle manufacturing presents a big potential opportunity for the acoustic materials market. China has the world's largest vehicle market. Even though the country has been experiencing a fall in sales for the previous few years, sales in 2020 are expected to be down roughly 2% from 2019. The China Association of Automobile Manufacturers (CAAM) reported a 2.0 percent decrease in car production from January to December compared to the same period last year. Due to weak overseas demand for Chinese vehicles, the China Association of Automobile Manufacturers (CAAM) reported that vehicle production for January through December was 25.22 million units, down 2.0 percent from the same period the previous year, while sales for the same period in 2020 were 25.311 million units. The area has a greater potential for growth than mature regions like North America and Europe. Europe is the world's second-largest market for passenger automobiles, especially luxury vehicles. Premium automobile sales are expected to increase linearly during the forecast period, increasing demand for acoustic materials in Europe.

Report Objectives:

• Landscape analysis of the Automotive Acoustic Material Market • competitive benchmarking • Past and current status of the industry with the forecasted market size and trends • Evaluation of potential key players that include market leaders, followers, and new entrants • Technology trends • Potential impact of micro-economic factors of the market • External and Internal factors affecting market have been analyzed The report also helps in understanding the Automotive Acoustic Material Market dynamics, structure by analysing the market segments and project the Automotive Acoustic Material Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Automotive Acoustic Material Market make the report investor’s guide.

Automotive Acoustic Material Market Scope:Inquire before Buying

Global Automotive Acoustic Material Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 2.40 Bn.
Forecast Period 2021 to 2027 CAGR: 4.6% Market Size in 2027: US $ 3.29 Bn.
Segments Covered: by Material Type • ABS • Fiberglass • Polypropylene • Polyurethane • PVC • Textiles • Others
by Application • Exterior • Interior • Under Hood & Engine Bay • Trunk panel
by Components • Bonnet Liner • Cabin Rear Trim • Door Trim • Engine Top Covers • Engine Encapsulation • Fender Insulator • Floor Insulator • Headliner • Inner Dash Insulator • Outer Dash Insulator • Parcel Tray • Trunk Trim • Wheel Arch Liner
by Vehicle Type • Passenger Car • Heavy Commercial Vehicle
by Electric Vehicle Type • Battery Electric Vehicle • Hybrid Electric Vehicle • Plug-In Hybrid Electric Vehicle

Automotive Acoustic Material Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Automotive Acoustic Material Market: Key Players

• Sika AG • Henkel AG & Co. KGaA • Covestro AG • Toray Industries, Inc. Huntsman International LLC • Rockwool International A/S • DuPont • Knauf Insulation • 3M Inc.Saint-Gobain • PrimAutomotive Acoustic • Auralex Automotive Acoustics, Inc. • Himalyan Automotive Acoustics • H.S. Engineers • Saint-Gobain Ecophon AB • BASF SE • Fletcher Insulation • Johns Manville • DB Automotive Acoustics Pte Ltd. • E. I. du Pont de Nemours and Company • Bayer AG • Owens Corning Frequently Asked Questions 1. What is the projected market size & growth rate of Automotive Acoustic Material Market? Ans- Automotive Acoustic Material Market was valued at USD 3.29 billion in 2020 and is projected to reach USD 2.40 billion by 2027, growing at a CAGR of 4.6 % during the forecast period. 2. What is the key driving factor for the growth of Automotive Acoustic Material Market? Ans- Over the forecast period, the automotive acoustic market is likely to be driven by rising car sales and the demand for improved comfort and safety features. 3. Which Region accounted for the largest Automotive Acoustic Material Market share? Ans- the Asia Pacific area has surpassed the United States as the leading market for acoustic materials. 4. What makes Europe a Lucrative Market for Automotive Acoustic Material Market? Ans- Premium automobile sales are expected to increase linearly during the forecast period, increasing demand for acoustic materials in Europe. 5. What are the top players operating in Automotive Acoustic Material Market? Ans- Sika AG, the Dow Chemical Company, Henkel AG & Co. KGaA, Covestro AG, Toray Industries, Inc. Huntsman International LLC, Rockwool International A/S, and DuPont.
1. Global Automotive Acoustic Material Market: Research Methodology 2. Global Automotive Acoustic Material Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Automotive Acoustic Material Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Automotive Acoustic Material Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 4.6 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Automotive Acoustic Material Market Segmentation 4.1 Global Automotive Acoustic Material Market, By Material Type (2020-2027) • ABS • Fiberglass • Polypropylene • Polyurethane • PVC • Textiles • Others 4.2 Global Automotive Acoustic Material Market, By Application (2020-2027) • Exterior • Interior • Under Hood & Engine Bay • Trunk panel 4.3. Global Automotive Acoustic Material Market, By Components (2020-2027) • Bonnet Liner • Cabin Rear Trim • Door Trim • Engine Top Covers • Engine Encapsulation • Fender Insulator • Floor Insulator • Headliner • Inner Dash Insulator • Outer Dash Insulator • Parcel Tray • Trunk Trim • Wheel Arch Liner 4.4. Global Automotive Acoustic Material Market, By Vehicle Type (2020-2027) • Passenger Car • Commercial Vehicle 4.5. Global Automotive Acoustic Material Market, By Electric Vehicle Type (2020-2027) • Battery Electric Vehicle • Hybrid Electric Vehicle • Plug-In Hybrid Electric Vehicle 5. North America Automotive Acoustic Material Market (2020-2027) 5.1 North American Automotive Acoustic Material Market, By Material Type (2020-2027) • ABS • Fiberglass • Polypropylene • Polyurethane • PVC • Textiles • Others 5.2 North America Automotive Acoustic Material Market, By Application (2020-2027) • Exterior • Interior • Under Hood & Engine Bay • Trunk panel 5.3. North America Automotive Acoustic Material Market, By Components (2020-2027) • Bonnet Liner • Cabin Rear Trim • Door Trim • Engine Top Covers • Engine Encapsulation • Fender Insulator • Floor Insulator • Headliner • Inner Dash Insulator • Outer Dash Insulator • Parcel Tray • Trunk Trim • Wheel Arch Liner 5.4. North America Automotive Acoustic Material Market, By Vehicle Type (2020-2027) • Passenger Car • Commercial Vehicle 5.5. North America Automotive Acoustic Material Market, By Electric Vehicle Type (2020-2027) • Battery Electric Vehicle • Hybrid Electric Vehicle • Plug-In Hybrid Electric Vehicle 5.6. North America Automotive Acoustic Material Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Automotive Acoustic Material Market (2020-2027) 6.1. Asia Pacific Automotive Acoustic Material Market, By Material Type (2020-2027) 6.2. Asia Pacific Automotive Acoustic Material Market, By Application (2020-2027) 6.3. Asia Pacific Automotive Acoustic Material Market, By Components (2020-2027) 6.4. Asia Pacific Automotive Acoustic Material Market, By Vehicle Type (2020-2027) 5.5. Asia Pacific Automotive Acoustic Material Market, By Electric Vehicle Type (2020-2027) 6.5. Asia Pacific Automotive Acoustic Material Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Automotive Acoustic Material Market (2020-2027) 7.1. Middle East and Africa Automotive Acoustic Material Market, By Material Type (2020-2027) 7.2. Middle East and Africa Automotive Acoustic Material Market, By Application (2020-2027) 7.3. Middle East and Africa Automotive Acoustic Material Market, By Components (2020-2027) 7.4. Middle East and Africa Automotive Acoustic Material Market, By Vehicle Type (2020-2027) 7.5. Middle East and Africa Automotive Acoustic Material Market, By Electric Vehicle Type (2020-2027) 7.6. Middle East and Africa Automotive Acoustic Material Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Automotive Acoustic Material Market (2020-2027) 8.1. Latin America Automotive Acoustic Material Market, By Material Type (2020-2027) 8.2. Latin America Automotive Acoustic Material Market, By Application (2020-2027) 8.3. Latin America Automotive Acoustic Material Market, By Components (2020-2027) 8.4. Latin America Automotive Acoustic Material Market, By Vehicle Type (2020-2027) 8.5. Latin America Automotive Acoustic Material Market, By Electric Vehicle Type (2020-2027) 8.6. Latin America Automotive Acoustic Material Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Automotive Acoustic Material Market (2020-2027) 9.1. European Automotive Acoustic Material Market, By Material Type (2020-2027) 9.2. European Automotive Acoustic Material Market, By Application (2020-2027) 9.3. European Automotive Acoustic Material Market, By Components (2020-2027) 9.4. European Automotive Acoustic Material Market, By Vehicle Type (2020-2027) 9.5. European Automotive Acoustic Material Market, By Electric Vehicle Type (2020-2027) 9.6. European Automotive Acoustic Material Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Advanced Disposable Services Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Sika AG 10.3. The Dow Chemical Company 10.4. Henkel AG & Co. KGaA 10.5. Covestro AG 10.6. Toray Industries, Inc. Huntsman International LLC 10.7. Rockwool International A/S 10.8. DuPont 10.9. Knauf Insulation 10.10. 3M Inc. 10.11. Saint-Gobain 10.12. PrimAutomotive Acoustic 10.13. Auralex Automotive Acoustics, Inc. 10.14. Himalyan Automotive Acoustics 10.15. H.S. Engineers 10.16. Saint-Gobain Ecophon AB 10.17. BASF SE 10.18. Fletcher Insulation 10.19. Johns Manville 10.20. DB Automotive Acoustics Pte Ltd. 10.21. E. I. du Pont de Nemours and Company 10.22. Bayer AG 10.23. Owens Corning

About This Report

Report ID 11403
Category Automotive and Transportation
Published Date oct 2019
Updated Date Feb 2022
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