Automotive acoustic material deals with the study of mechanical waves in gases, liquids, and solids, including vibration, sound, ultrasound, and infrasound. Acoustic materials are widely used in modern day construction to minimize the intensity of sound emitted. Automotive acoustic materials are also used in vehicle manufacturing to lower the sound level of engine and other vehicle components. In addition, vehicles are insulated with automotive acoustic materials from inside to reduce the outer noise, which affects the inner environment of the vehicle.

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Major Market Players:
The Dow Chemical Company, Toray Industries, Inc. Huntsman International LLC, Rockwool International A/S, DuPont, 3M Inc., Saint-Gobain, H.S. Engineers, BASF SE, Fletcher Insulation, Johns Manville, and dB Automotive Acoustics Pte Ltd.

The significant factors impacting the growth of the automotive acoustic material market are introduction of enhanced comfort & safety features and government regulations pertaining to noise. Moreover, fluctuations in raw material prices hamper the growth of the automotive acoustic material market. Furthermore, rise in sales of electric vehicles and increased demand for nonwoven materials are estimated to fuel the growth of the automotive acoustic material market.
Increase in demand for premium vehicles has made luxury and comfort a key focus area for manufacturers. The main objective is to ensure that the vehicle sound must be in permissible limit. These sound limits require increased focus on automotive acoustic system. Therefore, this results in the growth of the automotive acoustic material market in coming years.

Regions covered:
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

COVID-19 scenario analysis:
• COVID-19 has reduced the demand for electric vehicles, which has reduced the demand for lightweight acoustic materials.
• This market was exponentially increasing. However, due to COVID-19 pandemic, the growth of the automotive acoustic material market has been hampered.
• Due to this pandemic, the process of production has slowed down and is expected to restart when situation becomes stable.
• Lockdown and restriction on mobility have reduced the movement of vehicles, thus resulting in no emission of vehicular sound and gases.
• COVID-19 has restricted the use of vehicles, thus resulting in emitting very less pollution of gases and noises.

There are limitations places on carbon dioxide emission as well as the sound produced by vehicles. Sound caused by vehicles has been identified as the main cause of environmental health problems. These sound control limitations have increased the focus on acoustic system to control noise. Therefore, this has resulted in the growth of the automotive acoustic material market.

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Key benefits of the report:
• This study presents the analytical depiction of the automotive acoustic material market along with current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the automotive acoustic material market share.
• The current market is analyzed from 2020 to 2027 to highlight the automotive acoustic material market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

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