Home > Automotive > Automotive Materials > Automotive NVH Materials Market
Automotive NVH Materials Market size valued at USD 10.8 billion in 2019 and will grow at 6.4% CAGR from 2020 to 2026. Increasing adoption of lightweight materials coupled with rising demand for fuel efficient vehicles are the major driving factor for NVH materials.
Rising demand for superior handling and comfort in vehicle is escalating the adoption of materials offering absorbing and dampening properties. Emergence of manufacturing techniques aimed at decreasing vehicle weight owing to stringent government regulation and simultaneously maintaining optimum acoustic level will boost automotive NVH materials industry growth. Moreover, shifting inclination towards autonomous and electric vehicles will support the materials demand.
Report Attribute | Details |
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Base Year: | 2019 |
Automotive NVH Materials Market Size in 2019: | 10,773.7 Million (USD) |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 6.4% |
2026 Value Projection: | 13,901.5 Million (USD) |
Historical Data for: | 2016 to 2019 |
No. of Pages: | 225 |
Tables, Charts & Figures: | 245 |
Segments covered: | Material, NVH Treatment, Vehicle |
Growth Drivers: |
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Pitfalls & Challenges: |
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