© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Automotive Acoustic Materials Market is set to see healthy CAGR during 2019 to 2025: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Europe automotive acoustic materials market share is expected to grow significantly on account of rising sales of premium, luxury, and sports vehicles. Moreover, the presence of multiple automotive players including Volkswagen, Audi, Skoda, BMW, and Fiat among others offering a wide range of premium vehicles further accentuates the market demand. For instance, Bosch launched its innovative automotive acoustic material for vehicles, that operate using microphones and algorithms to cancel out sound. Regional Analysis of Automotive Acoustic Materials Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Automotive Acoustic Materials Market :  The automotive acoustic materials market size based on application is segmented into interior, exterior, under hood & engine bay, and trunk panel. The interior segment is expected to grow significantly owing to the requirement for offering premium and comfortable driving experience to passengers and drivers. The materials are also used for covering a wide range of interior applications including inner dash, headliners, dashboard, and floor insulators. Industry players are continuously developing acoustic materials that are suitable for multiple vehicle components. For instance, in September 2018, BASF launched its polyethersulfone foam having higher temperature resistance, flame retardant, and lightweight characteristics.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Industry participants are using a combination of innovative thermal insulating and acoustic layers with integrated aluminum elements to optimize the vehicle NVH characteristics. The usage of low weight reinforced thermoplastics (LWRT) enable automobile manufacturers to reduce the ambient noise significantly. Additionally, the incorporation of these materials in the car floor body protects the underbody from stone chipping and corrosion.  The prominent players in the automotive acoustic materials market share include BASF SE, DOW Chemicals, 3M, Covestro, LyondellBasell, Huntsman International LLC, Sika AG and Henkel. The other players include Toray Industries, E. I. du Pont de Nemours and Company, Harman International Industries, Inc., Rockwool international, Tex Tech Industries, Fabri-Tech components, Thomas net and Saint-Gobain Ecophon AB Competitive Market Share of Automotive Acoustic Materials Market :

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