Noise Vibration And Harshness Nvh Material Market Overview
As per MRFR analysis, the Noise Vibration And Harshness Nvh Material Market Size was estimated at 85.91 (USD Billion) in 2022.
The Noise Vibration And Harshness Nvh Material Market Industry is expected to grow from 89.88(USD Billion) in 2023 to 135.0 (USD Billion) by 2032. The Noise Vibration And Harshness Nvh Material Market CAGR (growth rate) is expected to be around 4.63% during the forecast period (2024 - 2032).
Key Noise Vibration And Harshness Nvh Material Market Trends Highlighted
Market Trends
The growing automotive industry, particularly in developing economies, is a significant driver of demand for noise, vibration, and harshness (NVH) materials. The increasing consumer preference for comfortable and quiet vehicles is fueling the adoption of NVH materials. Additionally, stringent government regulations aimed at reducing noise pollution and improving vehicle safety are driving the growth of NVH materials. Technological advancements in material science have led to the development of lightweight, durable, and cost-effective NVH materials, further expanding their applications.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Noise Vibration And Harshness Nvh Material Market Drivers
Rising Demand for Lightweight Vehicles
The increasing demand for lightweight vehicles to improve fuel efficiency and reduce emissions is a major driver of the Noise Vibration And Harshness Nvh Material Market Industry. Lightweight vehicles require materials that are both strong and lightweight, which makes NVH materials an ideal choice. NVH materials can help to reduce noise and vibration levels, making vehicles more comfortable and enjoyable to drive. In addition, NVH materials can help to improve vehicle handling and stability, making them safer to operate.
As the demand for lightweight vehicles continues to grow, the market for NVH materials is expected to grow as well.
Increasing Demand for Electric Vehicles
Another major driver of the Noise Vibration And Harshness Nvh Material Market Industry has been the growing popularity of electric vehicles. While electric vehicles make less noise than vehicles powered by gasoline, they are capable of generating more vibration as well. This has made them a prime market for noise, vibration, and harshness materials to drastically reduce the vibration levels in these vehicles. Moreover, the NVH materials could also aid in enhancing the efficiency of these vehicles through the lesser drag and weight that their usage catalyzes.
Stringent Government Regulations
Governments worldwide are setting more stringent requirements for vehicle noise and vibration. The goals of these requirements include safeguarding individual and public health from potentially harmful noise and vibration and increasing the demand for NVH materials at the same time. NVH materials help vehicle producers in meeting these requirements and improve the quality and safety of their products. As you can see, functions 1 and 3 do not set specific requirements and do not contain any specific data, while all the other functions are evidentially and associated with the topic.
Overall, these regulations imply a positive impact on the demand for NVH materials, and function number 4 deals with that topic.
Noise Vibration And Harshness Nvh Material Market Segment Insights
Noise Vibration And Harshness Nvh Material Market Material Type Insights
The Noise Vibration And Harshness Nvh Material Market is segmented by Material Type into Polymer Composites, Metal Composites, Ceramics, Foams, and Textiles. Among these segments, Polymer Composites held the largest market share in 2023, accounting for around 40% of the Noise Vibration And Harshness Nvh Material Market revenue. The growth of this segment can be attributed to the increasing demand for lightweight and high-performance materials in various industries, including automotive, aerospace, and construction. Metal Composites are expected to witness the fastest growth during the forecast period, owing to their superior strength-to-weight ratio and excellent damping properties.
Polymer Composites are widely used in automotive applications, such as interior panels, dashboards, and door trims, due to their ability to reduce noise and vibration. Metal Composites are primarily used in aerospace applications, such as aircraft wings and fuselages, where lightweight and high strength are crucial. Ceramics are used in high-temperature applications, such as exhaust systems and brake pads, due to their excellent thermal insulation properties. Foams are used in packaging and cushioning applications due to their ability to absorb shock and vibration.
Textiles are used in acoustic insulation applications, such as curtains and carpets, due to their ability to absorb sound waves. The Noise Vibration And Harshness Nvh Material Market is expected to grow significantly in the coming years, driven by the increasing demand for lightweight and high-performance materials in various industries. The market is also expected to benefit from the growing awareness of the importance of noise and vibration reduction in improving human health and well-being.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Noise Vibration And Harshness Nvh Material Market Vehicle Type Insights
The Vehicle Type segment of the Noise Vibration And Harshness (NVH) Material Market is categorized into Passenger Cars, Commercial Vehicles, Aircraft, Marine Vessels, and Industrial Machinery. Among these segments, Passenger Cars account for the largest share of the market, driven by increasing production and sales of passenger vehicles globally. Commercial Vehicles, including trucks, buses, and vans, are also a significant segment, with growing demand from the transportation and logistics sectors. The Aircraft segment is expected to witness substantial growth due to the increasing number of aircraft deliveries and the need for improved cabin comfort.
Marine Vessels, such as ships and boats, present opportunities for NVH material applications to reduce noise and vibration in engine rooms and passenger cabins. Industrial Machinery, including construction equipment, agricultural machinery, and manufacturing machinery, is another important segment where NVH materials are used to minimize noise and vibrations, improving operator comfort and reducing maintenance costs.
Noise Vibration And Harshness Nvh Material Market Application Insights
The Noise Vibration And Harshness (NVH) Material Market segmentation by Application includes Sound Insulation, Vibration Damping, Harshness Reduction, and NVH Control. Among these, Sound Insulation is estimated to hold the largest Noise Vibration And Harshness Nvh Material Market revenue share in 2023, owing to the growing demand for noise reduction in various industries such as automotive, construction, and aerospace. Additionally, rising awareness about the harmful effects of noise pollution is driving the demand for sound insulation materials.
Vibration Damping is another significant segment, expected to witness steady growth due to its increasing adoption in automotive and industrial applications to reduce vibrations and improve ride comfort and equipment performance. Harshness Reduction and NVH Control are also gaining traction as manufacturers focus on enhancing the overall driving experience and reducing fatigue for passengers. These segments are expected to contribute significantly to the overall Noise Vibration And Harshness Nvh Material Market growth in the coming years.
Noise Vibration And Harshness Nvh Material Market Industry Vertical Insights
The Noise Vibration And Harshness Nvh Material Market is segmented by Industry Vertical into Automotive, Aerospace, Construction, Medical, and Electronics. The automotive segment accounted for the largest share of the market in 2023 and is projected to continue to dominate the market during the forecast period. The growth of the automotive segment is attributed to the increasing demand for NVH materials in vehicles to reduce noise and vibration levels, thereby enhancing passenger comfort and safety. The aerospace segment is expected to grow at a significant rate during the forecast period due to the increasing demand for NVH materials in aircraft to reduce noise and vibration levels, thereby improving passenger comfort and safety.
The construction segment is also expected to witness significant growth during the forecast period due to the increasing demand for NVH materials in buildings to reduce noise and vibration levels, thereby enhancing occupant comfort and well-being. The medical segment is expected to grow at a steady rate during the forecast period due to the increasing demand for NVH materials in medical devices to reduce noise and vibration levels, thereby improving patient comfort and safety. The electronics segment is expected to grow at a moderate rate during the forecast period due to the increasing demand for NVH materials in electronic devices to reduce noise and vibration levels, thereby improving device performance and reliability.
Noise Vibration And Harshness Nvh Material Market Regional Insights
The regional segmentation of the Noise Vibration And Harshness Nvh Material Market offers valuable insights into the market's growth dynamics and competitive landscape. North America held the largest market share in 2023, accounting for approximately 35% of the revenue. The region's automotive industry, coupled with stringent regulations for noise and vibration control, has been a key driver of market growth. Europe followed closely with a market share of around 30%, driven by the presence of major automotive manufacturers and a focus on sustainability.
The APAC region is expected to witness significant growth in the coming years, with a projected market size of USD 30.2 billion by 2024, owing to the increasing production of automobiles and the growing demand for NVH materials in emerging economies like China and India. South America and MEA are expected to contribute a smaller but growing share of the market, as these regions prioritize noise and vibration reduction in various industries.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Noise Vibration And Harshness Nvh Material Market Key Players And Competitive Insights:
Leading players in the Noise Vibration And Harshness Nvh Material Market industry are adopting innovative strategies to gain a competitive advantage. They are focusing on expanding their presence and forming partnerships to increase their market share. The Noise Vibration And Harshness Nvh Material Market is highly competitive, and there are several major players and emerging startups that are competing for market dominance. Market players are investing in research and development to develop advanced Noise Vibration And Harshness Nvh Material Market solutions that cater to changing customer needs. The Noise Vibration And Harshness Nvh Material Market is expected to consolidate further in the coming years as leading players acquire smaller companies to strengthen their market position and expand their product offerings.
Company 1 is one of the leading players in the Noise Vibration And Harshness Nvh Material Market. The company offers a broad portfolio of Noise Vibration And Harshness Nvh Material Market products, including acoustic foams, vibration-damping materials and soundproofing materials. Company1’s Noise Vibration And Harshness, Nvh Material products, have applications in the automotive, aerospace and construction industries. The company has a strong presence across the globe, and its well-established brand and presence give it a competitive edge in the Noise Vibration And Harshness Nvh Material Market. The company has a presence in many regions, including North America, Europe, Asia-Pacific, and the rest of the world.
Company2 is a key participant in the Noise Vibration And Harshness Nvh Material Market. The company offers a wide range of Noise Vibration And Harshness Nvh Material Market solutions, including sound absorption materials, vibration isolation materials and acoustic foams. Company2’s Noise Vibration And Harshness Nvh Material Market products have applications in various industries, such as automotive, construction and consumer electronics. The company has a strong presence in the market, and its technical expertise and reach make it a formidable player in the Noise Vibration And Harshness Nvh Material Market.
Key Companies in the Noise Vibration And Harshness Nvh Material Market Include:
Noise Vibration And Harshness Nvh Material Market Industry Developments
The Noise Vibration and Harshness (NVH) Material Market is projected to reach USD 135.0 billion by 2032, exhibiting a CAGR of 4.63% during the forecast period 2024-2032. Rising demand for lightweight and fuel-efficient vehicles, increasing adoption of electric vehicles, and stringent government regulations on noise and vibration levels are the key factors driving the market growth. Additionally, technological advancements in NVH materials, such as the development of lightweight and sound-absorbing composites, are further propelling the market forward. Major players in the market include 3M, BASF, Dow, DuPont, and Trelleborg. Recent developments include the launch of new NVH materials with improved performance and reduced weight, as well as strategic partnerships and acquisitions among market players to expand their product offerings and geographical reach.
Noise Vibration And Harshness Nvh Material Market Segmentation Insights
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Noise Vibration And Harshness Nvh Material Market Material Type Outlook
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Polymer Composites
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Metal Composites
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Ceramics
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Foams
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Textiles
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Noise Vibration And Harshness Nvh Material Market Vehicle Type Outlook
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Passenger Cars
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Commercial Vehicles
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Aircraft
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Marine Vessels
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Industrial Machinery
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Noise Vibration And Harshness Nvh Material Market Application Outlook
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Sound Insulation
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Vibration Damping
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Harshness Reduction
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NVH Control
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Noise Vibration And Harshness Nvh Material Market Industry Vertical Outlook
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Automotive
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Aerospace
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Construction
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Medical
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Electronics
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Noise Vibration And Harshness Nvh Material Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Report Attribute/Metric
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Details
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Market Size 2022
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85.91(USD Billion)
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Market Size 2023
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89.88(USD Billion)
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Market Size 2032
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135.0(USD Billion)
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Compound Annual Growth Rate (CAGR)
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4.63% (2024 - 2032)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2023
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Market Forecast Period
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2024 - 2032
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Historical Data
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2019 - 2023
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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Morgan Advanced Materials, Johnson Controls, Trelleborg, W.L. Gore Associates, Vibracoustic, SABIC, Magna International, SaintGobain, DuPont, Autoneum, NVH Control Systems, Freudenberg, Continental, DSM
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Segments Covered
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Material Type, Vehicle Type, Application, Industry Vertical, Regional
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Key Market Opportunities
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Increasing demand for lightweight vehicles Growing automotive industry Rising awareness of noise pollution Technological advancements in NVH materials
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Key Market Dynamics
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Technological advancements Increasing demand for electric vehicles Rise in construction activities Stringent regulations on noise pollution Growing emphasis on occupant comfort.
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Frequently Asked Questions (FAQ) :
The Noise Vibration And Harshness Nvh Material Market was valued at USD 89.88 billion in 2023 and is expected to grow to USD 135.0 billion by 2032, exhibiting a CAGR of 4.63% during the forecast period.
Asia Pacific is expected to dominate the Noise Vibration And Harshness Nvh Material Market throughout the forecast period due to the presence of major automotive production hubs such as China, Japan, and India.
The key growth drivers of the Noise Vibration And Harshness Nvh Material Market include increasing demand for lightweight and fuel-efficient vehicles, rising demand for electric vehicles, and growing awareness about noise pollution.
Some of the key competitors in the Noise Vibration And Harshness Nvh Material Market include 3M Company, BASF SE, DuPont, Evonik Industries AG, and SABIC.
Major applications of Noise Vibration And Harshness Nvh Material include automotive interiors, under-the-hood components, and exterior body panels.
The Noise Vibration And Harshness Nvh Material Market faces challenges such as fluctuating raw material prices, stringent environmental regulations, and intense competition.
Opportunities for growth in the Noise Vibration And Harshness Nvh Material Market include the development of lightweight and eco-friendly materials, increasing adoption of electric vehicles, and growing demand for noise reduction in construction and industrial applications.
Key trends in the Noise Vibration And Harshness Nvh Material Market include the adoption of advanced materials, such as composites and foams, the integration of NVH materials into vehicle design, and the development of simulation and testing technologies.
The Noise Vibration And Harshness Nvh Material Market is projected to grow steadily over the forecast period, driven by the increasing demand for lightweight and fuel-efficient vehicles, rising demand for electric vehicles, and growing awareness about noise pollution.
The automotive interior segment is expected to hold the largest market share in the Noise Vibration And Harshness Nvh Material Market throughout the forecast period due to the increasing demand for noise reduction in vehicle cabins.