Automotive Noise, Vibration, and Harshness (NVH) Materials Market to grow at a CAGR of 5.5 percent to reach USD 18.88 Bn by 2029

Automotive Noise, Vibration, and Harshness (NVH) Materials Market

(USGovernment-News.Com, May 25, 2023 ) As per Maximize Market research, the total global market for “Automotive Noise Vibration and Harshness Materials Market” was USD 12.3 Bn in 2022 and is expected to grow at a CAGR of 5.5 percent over the forecast period to reach USD 18.88 Bn by 2029.

Automotive Noise, Vibration, and Harshness (NVH) Materials Market Report Scope and Research Methodology

The Automotive Noise, Vibration, and Harshness (NVH) Materials Market report is a combination of secondary and primary data, which makes it error-free and authentic. It provides a detailed analysis of market dynamics including opportunities, drivers, restraints, and challenges.

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Automotive Noise, Vibration, and Harshness (NVH) Materials Market Dynamics

Growing demand for lightweight automotive vehicles, increased overall vehicle weight owing to the usage of NVH materials, and NVH Solutions for Future Mobility Concepts these factors are expected to drive the market.

Automotive Noise, Vibration, and Harshness (NVH) Materials Market Regional Insights

Asia-Pacific dominated the Automotive Noise, Vibration, and Harshness (NVH) Materials Market in the forecast period. Key market players in the region as car manufacturers put more emphasis on sound management and noise reduction in passenger and commercial vehicles using NVH materials to increase durability.

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Automotive Noise, Vibration, and Harshness (NVH) Materials Market Segmentation

By Application

Absorption

Damping

Insulation

The absorption segment held the largest market share in 2022. The most common way for NVH control is for physical structures to absorb sound energy.

By Material

Rubber

Thermoplastic Polymers

Engineering Resins

Other

By End-Use Industry

Automotive

Aerospace

Consumer Goods

Power Tools

Other

Automotive Noise, Vibration, and Harshness (NVH) Materials Market’s Key Competitors include

AltruWood, Inc.

Atlantic Reclaimed Lumber, LLC

Beam & Board, LLC

Carpentier Hardwood Solutions NV

Elemental Republic

Jarmak Corporation

Longleaf Lumber Inc.

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Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:

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