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Introduction of Enhanced Comfort and Safety Features Drives the Growth of Automotive Acoustic Materials Market

Bonnet liners, engine top cover, and engine encapsulation are the key components that absorb the under hood & engine bay noise. The powertrain-related components have to undergo extreme vibrations and temperatures. Hence, the automotive acoustic materials used in such applications have to cope up with the requirements. According to the ECE R118 regulations of United Nations Economic Commission for Europe (UNECE), the insulation material used in the under hood & engine bay application must have nonflammability certification. Further, component manufacturing companies using enhanced materials to achieve the target. Autoneum (Switzerland), an automotive acoustic components manufacturer, is using the Theta-FiberCell material technology that provides optimum noise protection and integrated thermal insulation for engine bay components. Also, the design upgradation by OEMs to develop more powerful engine would boost the demand for automotive acoustic materials to absorb the noise for the engine bay.

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Introduction of Enhanced Comfort and Safety Features Drives the Growth of Automotive Acoustic Materials Market

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  1. Automotive Acoustic Materials Market by Type (ABS, Fiberglass, PP, PU, PVC & Textile), Component (Arch Liner, Outer & Inner Dash, Fender & Floor Insulator, Door Trim, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray), ICE & EV, and Region - Forecast to 2022 www.MarketsandMarkets.com

  2. Passenger cars are estimated to hold the largest market share of the automotive acoustic materials market during the forecast period With the rise in vehicle production, the demand for safety and comfort features has also increased among the users. As per the OICA statistics, the passenger cars accounted approximately 75.9% of the total vehicle production in 2016. Furthermore, the increase in the sales of premium vehicles at a global level is expected to influence the demand for automotive acoustic materials. As per the same publication from OICA, the Asia Oceania region produced close to 60% of the global passenger cars in 2016, an increase of 9.3% from 2015. The four countries from Asia Oceania—China, Japan, India, and South Korea accounted for 55% of the global passenger car production, in the same year. The same growth is projected to continue in the next few years, and hence, the region is projected to lead the passenger car automotive acoustic materials market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=193996894

  3. Under hood & engine bay application is estimated to be the fastest growing market for automotive acoustic materials from 2017 to 2022 Bonnet liners, engine top cover, and engine encapsulation are the key components that absorb the under hood & engine bay noise. The powertrain-related components have to undergo extreme vibrations and temperatures. Hence, the automotive acoustic materials used in such applications have to cope up with the requirements. According to the ECE R118 regulations of United Nations Economic Commission for Europe (UNECE), the insulation material used in the under hood & engine bay application must have nonflammability certification. Further, component manufacturing companies using enhanced materials to achieve the target. Autoneum (Switzerland), an automotive acoustic components manufacturer, is using the Theta-FiberCell material technology that provides optimum noise protection and integrated thermal insulation for engine bay components. Also, the design upgradation by OEMs to develop more powerful engine would boost the demand for automotive acoustic materials to absorb the noise for the engine bay. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=193996894

  4. The passenger cars segment is projected to dominate the automotive acoustic materials market by vehicle type. The growth is attributed to the largest share of passenger cars in the global vehicle production and also increase in the demand of the premium vehicles across the world. As per Organisation Internationale des Constructeursd’Automobiles (OICA), passenger cars accounted approximately 75.9% of the total vehicle production in 2016.  According to MarketsandMarkets Analysis, out of total passenger car production in Germany, premium cars will have a major share of approximately 81.7% in 2017 and is expected to reach 91.0% by 2022. Similar trends are observed from the countries such US, Canada, and Japan. Hence, the growing production of passenger cars and the growing demand of premium vehicles throughout the world would fuel the demand of automotive acoustic materials. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=193996894

  5. Asia Oceania: The largest region for the automotive acoustic materials market. The Asia Oceania region has emerged as the largest market for automotive acoustic materials from 2017 to 2022. The region is the leader in global vehicle production with the production growth of around 17% in the past 5 years. China had been the automobile market in recent years. According to the Organisation Internationale des Constructeursd’Automobiles (OICA), China along with Japan and India together accounted almost 44% of the global vehicle production in 2016. Furthermore, as per the World Bank statistics, the per capita income in China and India has increased by approximately 68% and 14%, respectively, from 2010 to 2015. The rise in disposable income is expected to increase the sales of medium- and premium-end vehicles, which in turn would fuel the automotive acoustic materials market. The report profiles key automotive acoustic material suppliers such as BASF (Germany), The Dow Chemical Company (US), 3M (US), Henkel (Germany), Covestro (Germany), DuPont (US), Toray Industries, Huntsman International (US), and Sika (Switzerland). Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=193996894

  6. Market Ecosystem: • The automotive acoustic materials market is dominated by a few globally established players such as BASF SE (Germany), The Dow Chemical Company (US), 3M (US), Henkel AG & Co. KGaA (Germany), Covestro AG (Germany) DuPont (US), Toray Industries, Inc. Huntsman International LLC (US), and Sika AG (Switzerland). • Target Audience • Automotive acoustic materials manufacturers • Automotive acoustic materials suppliers, traders, and distributors • Automotive acoustic testing and engineering providers • Automotive OEMs • Research and consulting associations • Government and regulatory authorities • Buy Now: • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=193996894

  7. Browse >> 131market data tables 44figures 209pagesand in-depth TOC "Automotive acoustic Materials Market by Type (ABS, Fiberglass, PP, PU, PVC & Textile), Component (Arch Liner, Outer & Inner Dash, Fender & Floor Insulator, Door Trim, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray), ICE & EV, and Region - Forecast to 2022“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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