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Automotive NVH Materials Market, by Product (Molded Rubber, Film Laminates, Foam Laminates, Metal Laminates, Molded Foam, and Engineered Resins), by Application, by End Use and by Geography (North America, Europe, Asia Pacific, and Rest of the World) – An
Author:sino    Source:Sino-report    Number of clicks :     Update time:2019-03-17 13:07
The automotive NVH materials market was valued at USD 8.89 billion by 2017, growing with 4.8% CAGR during the forecast period, 2018-2025
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REPORT HIGHLIGHT

The automotive NVH materials market was valued at USD 8.89 billion by 2017, growing with 4.8% CAGR during the forecast period, 2018-2025

Market Dynamics

Noise, vibration and harness (NVH) are the terms used to know automobiles noise and vibration characteristics. The noise or vibrations come from different engine accessories like cooling fans, pedals, steering wheels etc. While it is easy to measure noise and vibration, but harness can be measured through thorough evaluation or through analytical tools. As the automobile industry continues to thrive and flourish in developing economies, the demand for heavy and light commercial vehicles and passenger cars are on the rise. And with the surge in automobile industry, automotive NVH market is anticipated to witness huge opportunities.

Simultaneously, demand for better aesthetics, comfort, safety, engine vibration management, and noise cancellation will propel the industry growth in the forecast period.  The market is experiencing huge requirement of non-woven automotive NVH materials owing to its lightweight and excellent diesel, water and oil resistance property. Moreover, usage of polyurethane, polyvinyl chloride, polypropylene in trucks, floor and roof of vehicles has propelled the requirement of NVH materials in automobile sector. Furthermore, aftermarket services like part replacement, customization and maintenance have picked up the pace in current marketplace. Increase in requirements of auto replacement parts will further strengthen this industry position. It is true that NVH materials are quite efficient in minimizing overall vibration and noise, but the availability of its substitute products is the major restrain for this product.

Product Takeaway

Foam is the fastest growing market segment and the demand for foam laminates is on the rise as it is being increasingly used as laminates in the floor, door, hood, and overhead linings to absorb friction and noise. Also, the demand of foam laminates in cushions and roof lining of vehicles will uplift the industry in coming years.

Molded rubber product has a thriving market as it is used for NVH reduction in automobiles. The extensive use of molded rubber in lining and sealing solutions will drive the segment growth. Further, the increasing use of synthetic rubber products in noise and friction absorption, damping, chemical stability, density, flexibility, and higher strength are facilitating the growth in this segment. Film laminate segment will witness impressive growth due to their increasing use on windows and glass to dampen airborne noise.  Moreover, the surging demand for soundproof cars and improved car aesthetics will cast a positive influence on the growth of this segment.

Application Takeaway

On the basis of application, the absorption segment is estimated to flourish in the forecast time-frame. Demand for absorption of sound and vibration is on the peak and automotive manufacturers are working on this for meeting customer satisfaction. This factor will fuel up the NVH materials market.

End User Takeaway

With the increase in per capita income, passenger cars are enjoying a great demand among end-users. And this trend has motivated manufacturers to use best quality material, this in turn will create good growth opportunities to NVH products.

Regional Takeaway

Asia-Pacific dominated the market in 2017 and is anticipated to continue this trend in future. The region is accounted for the majority of the market revenue.  Emerging economies of Indonesia, China, and India with their increasing population and improved living standards have catalyzed the automobile demand in this region.

North America has a thriving market too as it is a home to many eminent manufacturers. Moreover, the region’s infallible regulations concerning fuel economy of vehicles will drive the growth of the industry. The profusion of raw materials like rubber and engineering plastics will have a positive impact on product demand during the forecast period.

Key Vendors Takeaway

Some of the well- known companies in this industry are Creative Foam, Interface Performance Materials, Hematite, Hoosier Gasket, Wolverine, BRC Rubber and Plastics and ElringKlinger. Companies like Unique Fabricating, Inc., Interface Performance Materials, and ElringKlinger AG operate their business by virtue of their humungous production capabilities dispersed throughout the globe.

Moreover, these companies have resorted to different inorganic and organic growth strategies like mergers, expansions, acquisitions, and new product developments for enhancing their market share. For instance, ElringKlinger AG has acquired M&W Manufacturing Co. of USA with all of its interest from former owner which will strengthen position in North America. This acquisition is a significant milestone in prospering the ElringKlinger’s Specialty Gasket Division through underpinning regional presence in North America and its production activities in the U.S. market. This includes exhaust system, control plates, used in automatic and dual clutch transmissions.

 The market size and forecast for each segment and sub-segments has been considered as below:

  • Historical Year – 2014 & 2016
  • Base Year – 2017
  • Estimated Year – 2018
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, and Suppliers
  • Manufacturers
  • Government and Regional Agencies and Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

  • Molded Rubber
  • Film Laminates
  • Foam Laminates
  • Metal Laminates
  • Molded Foam
  • Engineered Resins
  • Others

MARKET, BY APPLICATION

  • Absorption
  • Dampening

MARKET, BY END-USER

  • Heavy commercial vehicle (HCV)
  • Light commercial vehicle (LCV)
  • Cars

MARKET, BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Rest of APAC
  • Rest of the World
    • Middle East and Africa
    • Latin America
    • TABLE OF CONTENT

      1. AUTOMOTIVE NVH MATERIALS MARKET OVERVIEW
      1.1. Study Scope
      1.2. Assumption and Methodology 
      2. EXECUTIVE SUMMARY
      2.1. Key Market Facts
      2.2. Geographical Scenario
      2.3. Companies in the Market
      3. AUTOMOTIVE NVH MATERIALS KEY MARKET TRENDS
      3.1. Market Drivers 
      3.1.1. Impact Analysis of Market Drivers
      3.2. Market Restraints
      3.2.1. Impact Analysis of Market Restraints
      3.3. Market Opportunities
      3.4. Market Future Trends
      4. AUTOMOTIVE NVH MATERIALS INDUSTRY STUDY
      4.1. Porter’s Analysis
      4.2. Market Attractiveness Analysis
      4.3. Regulatory Framework Analysis
      5. AUTOMOTIVE NVH MATERIALS MARKET LANDSCAPE 
      5.1. Market Share Analysis
      6. AUTOMOTIVE NVH MATERIALS MARKET – BY PRODUCT
      6.1. Overview
      6.2. Molded Rubber
      6.2.1. Overview
      6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.3. Film Laminates
      6.3.1. Overview
      6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.4. Foam Laminates
      6.4.1. Overview
      6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.5. Metal Laminates
      6.5.1. Overview
      6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.6. Molded Foam
      6.6.1. Overview
      6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.7. Engineered Resins
      6.7.1. Overview
      6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      6.8. Others
      6.8.1. Overview
      6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      7. AUTOMOTIVE NVH MATERIALS MARKET – BY APPLICATION
      7.1. Overview
      7.2. Absorption
      7.2.1. Overview
      7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      7.3. Dampening
      7.3.1. Overview
      7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8. AUTOMOTIVE NVH MATERIALS MARKET – BY END USE
      8.1. Overview
      8.2. Cars
      8.2.1. Overview
      8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.3. Light commercial vehicle (LCV)
      8.3.1. Overview
      8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      8.4. Heavy commercial vehicle (HCV)
      8.4.1. Overview
      8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9. AUTOMOTIVE NVH MATERIALS MARKET– BY GEOGRAPHY
      9.1. Introduction
      9.2. North America
      9.2.1. Overview
      9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.2.3. U.S.
      9.2.3.1. Overview
      9.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.2.4. Canada
      9.2.4.1. Overview
      9.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.3. Europe
      9.3.1. Overview
      9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.3.3. France
      9.3.3.1. Overview
      9.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.3.4. Germany
      9.3.4.1. Overview
      9.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.3.5. Rest of Europe
      9.3.5.1. Overview
      9.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.4. Asia Pacific (APAC)
      9.4.1. Overview
      9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.4.3. China
      9.4.3.1. Overview
      9.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.4.4. India
      9.4.4.1. Overview
      9.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.4.5. Rest of APAC
      9.4.5.1. Overview
      9.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.5. Rest of the World
      9.5.1. Overview
      9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.5.3. Latin America
      9.5.3.1. Overview
      9.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      9.5.4. Middle East and Africa
      9.5.4.1. Overview
      9.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      10. KEY VENDOR ANALYSIS
      10.1. Creative Foam
      10.1.1. Company Overview
      10.1.2. SWOT Analysis
      10.1.3. Key Developments
      10.2. Interface Performance Materials
      10.2.1. Company Overview
      10.2.2. SWOT Analysis
      10.2.3. Key Developments
      10.3. Hematite
      10.3.1. Company Overview
      10.3.2. SWOT Analysis
      10.3.3. Key Developments
      10.4. Hoosier Gasket
      10.4.1. Company Overview
      10.4.2. SWOT Analysis
      10.4.3. Key Developments
      10.5. Wolverine
      10.5.1. Company Overview
      10.5.2. SWOT Analysis
      10.5.3. Key Developments
      10.6. BRC Rubber and Plastics
      10.6.1. Company Overview
      10.6.2. SWOT Analysis
      10.6.3. Key Developments
      10.7. ElringKlinger 
      10.7.1. Company Overview
      10.7.2. SWOT Analysis
      10.7.3. Key Developments
      11. 360 DEGREE ANALYSTVIEW
      12. APPENDIX
      12.1. Research Methodology
      12.2. Abbreviations
      12.3. Disclaimer
      12.4. Contact Us

      List of Tables
      Table 1 List of Acronyms
      Table 2 Key Market Facts, 2014 – 2025
      Table 3 Market Drivers: Impact Analysis
      Table 4 Market Restraint: Impact Analysis 
      Table 5 Market Opportunity: Impact Analysis 
      Table 6 PEST Analysis
      Table 7 Porter’s Five Forces Analysis
      Table 8 Company Market Share Analysis
      Table 9 Global Automotive NVH Materials Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
      Table 10 Automotive NVH Materials Market, by Product, 2014 – 2025 (USD Billion)
      Table 11 Automotive NVH Materials Market, by Application, 2014 – 2025 (USD Billion)
      Table 12 Automotive NVH Materials Market, by End Use, 2014 – 2025 (USD Billion)
      Table 13 Automotive NVH Materials Market, by Geography, 2014 – 2025 (USD Billion)
      Table 14 North America Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 15 U.S. Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 16 Canada Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 17 Europe Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 18 France Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 19 Germany Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 20 Asia Pacific Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 21 China Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 22 India Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 23 Latin America Automotive NVH Materials Market, 2014 – 2025 (USD Billion)
      Table 24 MEA Automotive NVH Materials Market, 2014 – 2025 (USD Billion)

      List of Figures
      Figure 1 Research Methodology
      Figure 2 Research Process Flow Chart
      Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
      Figure 4 Regulatory Framework Analysis
      Figure 5 Automotive NVH Materials Market, by Product, 2014 – 2025 (USD Billion)
      Figure 6 Automotive NVH Materials Market, by Application, 2014 – 2025 (USD Billion)
      Figure 7 Automotive NVH Materials Market, by End Use, 2014 – 2025 (USD Billion)
      Figure 8 Automotive NVH Materials Market, by Geography, 2014 – 2025 (USD Billion)

      SCOPE AND OBJECTIVES
      The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends. 
      The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.

      KEY BENEFITS OF THE REPORT
      – The report presents macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
      – Thorough analysis of relevant statistical data to estimate the market paradigms
      – Exceptional understanding of region and country specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, and growth specific to the countries.
      – Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

      RESEARCH METHODOLOGY

      Research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study includes extensive use of secondary sources, paid databases (such as Bloomberg, Dun & Bradstreet, and BusinessWeek) and directories, to identify and collect information, useful to understand technical, commercial and market-oriented aspects. Market data and information are also collected (but not limited to) from the secondary sources such as:

      • Official company’s website, financial and annual reporting
      • Government statistical data
      • Online publishing articles
      • Industry player’s investor presentations
      • Economic news articles
      • National and international trade associations
      • The financial, business, and mainstream press
      • Industry study groups and semiofficial sources
      • Informative channels related to the market topics

      * Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary            information often conflicting across multiple sources is a key aspect of the added value we provide

      In order to verify and validate secondary market data, we engage with the Key Opinion Leaders (KoL’s), operating in the respective markets, through phone calls, emails, and web-based survey responses. This platform help us validate our data in terms of accuracy and gain insight into the current market and future expectations. Furthermore, the obtained information guide us to understand several facets of the market with respect to manufacturers and buyers’ perspectives.

      In addition, to assign weights to all the relevant market dynamics and parameters and quantify their market impact for generating projected market growth rate, we used advanced machine learning algorithms in order to collate essential market data. The machine learning method utilizes algorithms such as regression, correlation, and decision tree, among others, to derive the desired output. This tool help us in deriving highly detailed forecasts, profound knowledge of product demand, and others.

      These collected data points are carefully filtered, analyzed, compared, and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level, and global level.

      Market Forecast :

      Market forecast is primarily based on the year-on-year (YOY) growth rate. Data projection and future performance of each segment is analyzed based on the key aspects extracted from primary and secondary research results. Thus, data projection exhibits the assumption on how the market performs under microeconomic and macroeconomic parameters. Our market forecasting technique represents strategic conclusions which can play a crucial role for our client’s in making strategic marketing plans.

      For forecasting, the following parameters were considered:

      • Market drivers and restraints along with their current and expected impacts
      • Technological scenario and expected developments
      • Trends in the consumer behaviors
      • End-user industry trends

      We have assigned weights to above-mentioned parameters and quantified their market impacts using the weighted average analysis, to derive an expected market growth rate.

      Market Analysis

      Another integral part of our research study is that market data is accompanied by clear written analysis. We include detailed information on market segments in terms of market drivers, market restraints, and market opportunities. These offer insights on different channel dynamics, brand preference, incidence/prevalence data, consumption trend, and technology up-gradations.

      We also include supporting data from relevant awareness campaigns, new introductions, regulatory norms, government initiatives, and an industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.

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