Rising adoption of Noise and Vibration free vehicles, preferences towards comfort and safety vehicles fuel the Noise, Vibration, and Harness (NVH) Material market
Vancouver, WA -- (SBWIRE) -- 11/20/2019 -- Market Overview:
Undesirable mechanical sounds and vibrations in automobiles due to structure-borne and air-borne noises can lead to passenger discomfort and hamper the vehicle durability. Automotive industry uses the Noise, Vibration, and Harshness (NVH) material to reduce these noises and improve ride quality. The growing focus of car manufacturer's noise control in vehicles helps enhance the fuel economy, reduce cabin sounds, and improve durability.
The demand for non-woven automobile NVH materials has increased owing to their excellent properties such as lightweight, integrated production, and superior water, oil, and diesel resistance. Automobile manufacturers are adopting and implementing high-quality and durable NVH materials in their commercial and passenger vehicles. Owing to stringent regulations and standards regarding maintaining specific vehicle weights, especially for commercial vehicles in North America and Europe expected to fuel the noise, vibration, and harshness (NVH) material market.
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According to an upcoming report by BlueWeave Consulting, "Global Noise, Vibration, and Harness (NVH) material Market, by Type, by Application, by Vehicle Type, by Region, Growth Potential, Competitive Market Share and Forecast, 2015-2025" The global Noise, Vibration, and Harness (NVH) material market is projected to grow with a significant growth rate during the forecast period 2018-2025.
Rubbers segment is projected to lead the automotive NVH materials market during the forecast period.
Rubber segment is projected to dominate the NVH market during the forecast period 2018-2025. Rubbers provide optimum noise insulation, vibration damping, and chemical stability Owing to the growing demand for quieter and safer vehicles has led to an increase in consumption of automotive NVH materials. Rubber provides noise absorption and vibration damping owing to its unique physical properties of high density and consistency, it is accepted as the ideal sound absorbing material in vehicles. The consumers are focusing on vehicle performance in terms of speed, horsepower, fuel economy, comfort, and NVH characteristics which affect their buying decision.
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Asia-Pacific accounts for the largest share of the global NVH materials market during the forecast period.
Asia-pacific was the leading segment in 2015 owing to abundant availability of raw materials and cheap labor have led to the key global manufacturers to set up their operating units and cater to the increasing demand for an automobile in these countries. China is the largest producer of cars in the world and has been witnessing substantial urbanization, on account of high industrial and economic development. Furthermore, the changing lifestyles and increasing disposable incomes have resulted in a rapid increase in demand for passenger cars consumer preference towards vehicles with enhanced ride quality, comfort, safety, and customization.
Global NVH Material Market Competitive Landscape
Companies such as BASF SE, Huntsman Corporation, 3M Company, ExxonMobil Corporation, The Dow Chemical Company, and Sumitomo Riko Company Limited, ElringKlinger AG, Unique Fabricating Inc., Rogers Foam Cooperation, Avery Dennison, and W. KOPP GmbH & Co. KG. are the leading players in the automotive NVH materials market.
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The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global NVH material size & forecast. The report promises to provide state-of-the-art technology of Noise, Vibration, and Harshness production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
Objective of the Study:
- To analyze and forecast market size of the Global Noise, Vibration, and Harshness (NVH) material market, in terms of value & volume.
- To examine the careful market segmentation and forecast the market size, in terms value, on the basis of the region by segmenting NVH Material Market into five regions, namely, North America, Europe, Asia Pacific, Middle East, and their leading countries.
- To outline, categorized and forecast the global Noise, Vibration, and Harshness (NVH) material market on the basis of type, application, and vehicle type.
- To examine competitive developments like expansions, technological advancement, services, and regulative framework within the global Noise, Vibration, and Harshness (NVH) material
- To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
- To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Global NVH Material Market Competitive Landscape
Companies such as BASF SE, Huntsman Corporation, 3M Company, ExxonMobil Corporation, The Dow Chemical Company, Sumitomo Riko Company Limited, ElringKlinger AG, Unique Fabricating Inc., Avery Dennison, and W. KOPP GmbH & Co. KG. are the leading players in the automotive NVH materials market.
Scope of the Report
- Ethylene Propylene Diene Monomer (EPDM) rubber
- Nitrile Butadiene Rubber (NBR)
- Thermoplastic Polymers
- Polyvinyl Chloride
- Engineering Resins
- Vibration Damping
By Vehicle Type
- Passenger cars
- Heavy Commercial Vehicles (HCV)
- Light commercial vehicles (LCV)
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Business Questions answer by the report
- How will the market drivers, restraints and opportunities affect the market dynamics?
- What will be the market size in terms of value and volume and market statistics with detailed classification
- Which segment dominates the market or region and one will be the fastest growing and why?
- A comprehensive survey of the competitive landscape and the market participant players
- Analysis of strategy adopted by the key player and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority. And that's why BlueWeave Consulting offers customization according to Company's specific needs. The following customization options are available for the report:
Additional Company Information
- With five additional company detail analysis.
- Additional country analysis.
- Detailed segment analysis.
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