Automotive Noise Vibration and Harshness (NVH) Materials Market by Material Type (Rubber, Plastic & Foam, Fibers, Others), by Application (Absorption, Damping, Insulation), by North America (U.S., Canada), by Europe (Germany, U.K., France, Italy, Spain, Russia & CIS, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa (GCC, South Africa, Rest of the Middle East & Africa) Forecast 2024-2032
The size of the Automotive Noise Vibration and Harshness (NVH) Materials Market was valued at USD 10.25 USD billion in 2023 and is projected to reach USD 23.82 USD billion by 2032, with an expected CAGR of 12.8% during the forecast period. The Automotive Noise Vibration and Harshness (NVH) materials market is expected to witness robust growth due to the increasing demand for quieter and more comfortable vehicles, coupled with stringent government regulations to reduce noise pollution. The growing adoption of electric and hybrid vehicles, which emit less noise compared to internal combustion engine vehicles, is further fueling market growth. The market for NVH materials is being driven by the demand for lightweight and durable materials that can effectively reduce noise and vibration in vehicles. The use of advanced materials such as composites, foams, and elastomers is expected to gain traction due to their superior performance and reduced weight. Additionally, the growing adoption of autonomous and connected vehicles is creating new opportunities for the integration of NVH materials in noise-canceling systems and other advanced vehicle technologies.
Material Type:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 12.8% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 12.8% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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