Introduction of Enhanced Comfort and Safety Features Drives the Growth of Automotive Acoustic Materials Market - PowerPoint PPT Presentation

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Introduction of Enhanced Comfort and Safety Features Drives the Growth of Automotive Acoustic Materials Market

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With the rise in vehicle production, the demand for safety and comfort features has also increased among the users. As per the OICA statistics, the passenger cars accounted approximately 75.9% of the total vehicle production in 2016. Furthermore, the increase in the sales of premium vehicles at a global level is expected to influence the demand for automotive acoustic materials. – PowerPoint PPT presentation

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Title: Introduction of Enhanced Comfort and Safety Features Drives the Growth of Automotive Acoustic Materials Market


1
Automotive Acoustic Materials Market by Type
(ABS, Fiberglass, PP, PU, PVC Textile),
Component (Arch Liner, Outer Inner Dash, Fender
Floor Insulator, Door Trim, Head Bonnet
Liner, Engine Cover, Trunk Trim, Parcel Tray),
ICE EV, and Region - Forecast to 2022
www.MarketsandMarkets.com
2
Passenger cars are estimated to hold the largest
market share of the automotive acoustic materials
market during the forecast period With the rise
in vehicle production, the demand for safety and
comfort features has also increased among the
users. As per the OICA statistics, the passenger
cars accounted approximately 75.9 of the total
vehicle production in 2016. Furthermore, the
increase in the sales of premium vehicles at a
global level is expected to influence the demand
for automotive acoustic materials. As per the
same publication from OICA, the Asia Oceania
region produced close to 60 of the global
passenger cars in 2016, an increase of 9.3 from
2015. The four countries from Asia OceaniaChina,
Japan, India, and South Korea accounted for 55
of the global passenger car production, in the
same year. The same growth is projected to
continue in the next few years, and hence, the
region is projected to lead the passenger car
automotive acoustic materials market. PDF
Brochure https//www.marketsandmarkets.com/pdfd
ownload.asp?id193996894

3
Under hood engine bay application is estimated
to be the fastest growing market for automotive
acoustic materials from 2017 to 2022 Bonnet
liners, engine top cover, and engine
encapsulation are the key components that absorb
the under hood engine bay noise. The
powertrain-related components have to undergo
extreme vibrations and temperatures. Hence, the
automotive acoustic materials used in such
applications have to cope up with the
requirements. According to the ECE R118
regulations of United Nations Economic Commission
for Europe (UNECE), the insulation material used
in the under hood engine bay application must
have nonflammability certification. Further,
component manufacturing companies using enhanced
materials to achieve the target. Autoneum
(Switzerland), an automotive acoustic components
manufacturer, is using the Theta-FiberCell
material technology that provides optimum noise
protection and integrated thermal insulation for
engine bay components. Also, the design
upgradation by OEMs to develop more powerful
engine would boost the demand for automotive
acoustic materials to absorb the noise for the
engine bay. Request for Customization
https//www.marketsandmarkets.com/requestCustomi
zation.asp?id193996894
4
The passenger cars segment is projected to
dominate the automotive acoustic materials market
by vehicle type. The growth is attributed to the
largest share of passenger cars in the global
vehicle production and also increase in the
demand of the premium vehicles across the world.
As per Organisation Internationale des
Constructeurs dAutomobiles (OICA), passenger
cars accounted approximately 75.9 of the total
vehicle production in 2016.  According to
MarketsandMarkets Analysis, out of total
passenger car production in Germany, premium cars
will have a major share of approximately 81.7 in
2017 and is expected to reach 91.0 by 2022.
Similar trends are observed from the countries
such US, Canada, and Japan. Hence, the growing
production of passenger cars and the growing
demand of premium vehicles throughout the world
would fuel the demand of automotive acoustic
materials. Request Sample _at_
https//www.marketsandmarkets.com/requestsample.as
p?id193996894
5
Asia Oceania The largest region for the
automotive acoustic materials market. The Asia
Oceania region has emerged as the largest market
for automotive acoustic materials from 2017 to
2022. The region is the leader in global vehicle
production with the production growth of around
17 in the past 5 years. China had been the
automobile market in recent years. According to
the Organisation Internationale des Constructeurs
dAutomobiles (OICA), China along with Japan and
India together accounted almost 44 of the global
vehicle production in 2016. Furthermore, as per
the World Bank statistics, the per capita income
in China and India has increased by approximately
68 and 14, respectively, from 2010 to 2015. The
rise in disposable income is expected to increase
the sales of medium- and premium-end vehicles,
which in turn would fuel the automotive acoustic
materials market. The report profiles key
automotive acoustic material suppliers such as
BASF (Germany), The Dow Chemical Company (US), 3M
(US), Henkel (Germany), Covestro (Germany),
DuPont (US), Toray Industries, Huntsman
International (US), and Sika (Switzerland). Speak
to analyst _at_ https//www.marketsandmarkets.com/sp
eaktoanalyst.asp?id193996894
6
  • Market Ecosystem
  • The automotive acoustic materials market is
    dominated by a few globally established players
    such as BASF SE (Germany), The Dow Chemical
    Company (US), 3M (US), Henkel AG Co. KGaA
    (Germany), Covestro AG (Germany) DuPont (US),
    Toray Industries, Inc. Huntsman International LLC
    (US), and Sika AG (Switzerland).
  • Target Audience
  • Automotive acoustic materials manufacturers
  • Automotive acoustic materials suppliers, traders,
    and distributors
  • Automotive acoustic testing and engineering
    providers
  • Automotive OEMs
  • Research and consulting associations
  • Government and regulatory authorities
  • Buy Now
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id193996894

7
Browse gtgt 131 market data
tables 44 figures
209 pages and in-depth TOC  "Automotive
acoustic Materials Market by Type (ABS,
Fiberglass, PP, PU, PVC Textile), Component
(Arch Liner, Outer Inner Dash, Fender Floor
Insulator, Door Trim, Head Bonnet Liner, Engine
Cover, Trunk Trim, Parcel Tray), ICE EV, and
Region - Forecast to 2022 Early buyers will
receive 10 customization on this
report. This study answers several questions
for the stakeholders, primarily which market
segments to focus on in the next two to five
years to prioritize efforts and investments.
8
Contact Mr. Shelly Singh MarketsandMarkets
INC.  630 Dundee Road  Suite 430  Northbrook, IL
60062  USA 1-888-600-6441  sales_at_marketsandmarke
ts.com
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