Increasing demand for enhanced comfort and safety feature is a prime factor driving the market growth
The global Automotive Acoustic Materials Market is estimated to reach USD 4.10 Billion by 2028, according to a new report by Reports and Data. Acoustic materials reduce the strength of the mechanical waves, including sound, ultrasound, vibration, and infrasound in several mediums such as liquid, gas, and solid. These materials, along with implementing active acoustics, also improve thermal insulation, driving comfort, and vehicle safety. In automobiles, the bonnet liners, powertrain, and engine encapsulation are made up of acoustic materials to absorb the engine bay noise. Internal combustion engine (ICE) cars need more acoustic materials for enhanced comfort and improved noise cancellation. Thus a rise in the number of passenger cars is anticipated to drive the growth of the market. Noise control engineers extensively use acoustical materials for reduction of Noise Vibration and Harshness (NVH).
However, to select and apply these materials efficiently, which are available in various types commercially, the specific properties of these materials need to be known. Well organized standards exist for such features to be implemented in the industry. Factors such as the initiation of stringent regulatory norms about transportation noise for ICE, electric hybrid vehicles and growing customer preference for improved cabin comfort and luxury characteristics are anticipated to encourage the growth of this market.
The global information and communications technology (ICT) market registered steady revenue growth in 2020, and market size is expected to increase further over the forecast period. Factors contributing to the global ICT market revenue growth are growing penetration of smart mobile devices such as smartphones, tablets, and smart watches, rapid adoption of state-of-the-art technologies such as AI, machine learning, Internet of Things (IoT), big data analytics, and cloud computing, and rapid digitalization across numerous industries including the banking finance, education, healthcare, automotive, oil gas, agriculture, buildings construction, and power energy industries. Increasing accessibility of the Internet across the globe, emergence of the 5G technology, growing need for faster Internet services for rapid data transfer processing, introduction of advanced Wi-Fi systems, and rising data security and user safety concerns among consumers are some of the other factors expected to drive the ICT market revenue growth.
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Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Automotive Acoustic Materials market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Automotive Acoustic Materials market size
2.2 Latest regional market trends
2.3 Emerging growth trends
- Competitive Outlook
3.1 Global Automotive Acoustic Materials market key players
3.2 Global Automotive Acoustic Materials size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Automotive Acoustic Materials market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
Regional Markets Highlighted in the Global Automotive Acoustic Materials Market Report:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of Middle East Africa
Top Companies Profiled in the Report:
BASF SE, DuPont, 3M, Henkel AG Co. KGaA, The Dow Chemical Company, Covestro AG, TORAY INDUSTRIES, INC., Sika, Lyondell Basell Industries Holdings B.V.,Huntsman International LLC., Bayer AG, Owen corning, johns Manville, Rockwool international, fletcher insulation and Knauff insulation, Thomas net, Sounddown corp., Victrex, USA., Fabri-Tech components,Inc.,Johnson bros, Roll Forming Co., Heubach Corporation, U.S. Rubber Supply Co., Tex Tech Industries
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