Global Automotive NHV Materials Market Report 2017 - 2024

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Global Automotive NHV Materials Market Report
2017 - 2024 Global Market Insights Inc.
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Key Insights from Automotive NHV Materials
Market

• Extensive applications of product in passenger
  vehicles in order to reduce noise, vibrations and
  harshness levels stimulates the vehicle buying
  decision is also a major factor for fueling the
  product demand.
• Rapid increase in global vehicles production is a
  key driving factor for automotive NHV materials
  market growth. Additionally, rising consumer
  warranty claims against manufacturers for noise
  vibration and harshness component is a factor
  which fuel the product demand.
• Rubbers are extensively used resource for
  controlling harshness and absorbing vibrations in
  vehicles due to their superior properties,
  includes noise insulation and vibration damping. s

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Continued...

• Usage of foam laminates for insulation of door
  and floor in commercial and passenger vehicle are
  the key driving factor for the automotive NHV
  materials market growth in upcoming years.
• Increasing use of heavy and light commercial
  vehicle for transportation and logistics has led
  to the growing need for noise reduction and
  acoustic features in vehicles which will also
  drive the product demand in forecasted time
  frame.
• Presence of several key market players in the
  automotive NHV materials market includes 3M
  Company, BASF SE, Dow chemical company, Huntsman
  corporation, Sumitomo Riko Company Limited and
  ExxonMobil Corporation.

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360 Analysis

• Product Analysis
• Shift in consumer preferences and possible use of
  product in battery powered light vehicle is
  anticipated to drive the automotive NHV materials
  market within upcoming years.
• Regional Analysis
• Asia-Pacific led by China and India is
  anticipated to lead the automotive NHV materials
  market during projected time frame. High demand
  for product in this region is attributed to the
  expansion of production capacity. Increasing
  investments by foreign companies and rise in
  living standard are the other major factors for
  the automotive product growth in Asia pacific.
• Competitive Market Share
• Presence of several key market players in the
  automotive NHV materials market includes 3M
  Company, BASF SE, Dow chemical company, Huntsman
  corporation, Sumitomo Riko Company Limited and
  ExxonMobil Corporation. Some other notable
  participants include Unique Fabricating Inc., W.
  KOPP GmbH Co. KG, ElringKlinger AG and Rogers
  Foam Cooperation.

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