TechNavio recognizes the following companies as the key players in the Global Automotive NVH Materials Market: 3M Co., BASF SE, Bayer AG, Borgers AG, BSW GmbH, CTA Acoustics Inc., Dow Chemical Co., DuPont Materials, Eagle Industries Inc., ExxonMobil Chemical, Henkel Teroson India Ltd., Huntsman Corp., International Automotive Components, and Johns Manville.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Automotive NVH Materials market is witnessing an increasing addition of natural NVH materials in the product portfolio of vendors. Natural NVH materials are composed of fibers derived from natural sources such as sugarcane, soya, cotton, and jute. Felt fibers, coir fibers, and bio-based polyurethane are being increasingly used due to their eco-friendly characteristics. Vendors such as CTA Acoustics and Borgers AG offer such natural NVH materials. CTA’s product, Quietblend, is a combination of synthetic and natural fibers that provides superior acoustic insulation in automobiles. Borgers AG bases most of its insulation products on non-woven fibers derived from natural fibers.”
According to the report, there are several factors that contribute to the growth of the Global Automotive NVH Materials market such as government laws and regulations pertaining to noise reduction. Countries such as those in the EU have stringent laws in place to ensure the minimum negative impact of automobile noise on the environment. Such laws lead to the increased demand for NVH solutions, thereby driving the market.
Further, the report states that despite the presence of several drivers, the Global Automotive NVH Materials market is constrained by some challenges, such as volatile raw material prices. The increasing crude oil prices are a challenge for polyurethane and PVC manufacturers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-automotive-nvh-materials-market-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Automotive NVH Materials Market 2012-2016
