What Has Been The Growth In The Automotive Acoustic Materials Market Size In Recent Years?
The Automotive Acoustic Materials Market size has displayed significant growth over the past few years.
• In 2024, the market size accounted for $3.71 billion, expanding to $3.95 billion in 2025, reflecting a robust CAGR of 6.4%.
Key market drivers behind this expansion include increased regulatory compliance, emission reduction targets, rising urbanization, and elevated consumer comfort and expectations, alongside the growth of electric and hybrid vehicles.
What Is The Projected Automotive Acoustic Materials Market Size And Growth In The Forecast Period?
The automotive acoustic materials market is expected to see substantial growth in the coming years.
• The market size is estimated to reach $5.19 billion in 2029, growing at a CAGR of 7.1%.
The growth in this period is attributed to an uptick in autonomous vehicles, increased interior vehicle customization, environmental concerns, emerging economies, and a rise in infrastructure projects. Prominent trends include electric vehicle-specific solutions, advanced soundproofing technologies, augmented reality audio, and smart materials and sensors.
What Are The Key Market Growth Drivers In The Automotive Acoustic Materials Market?
Sales of electric vehicles are anticipated to drive the growth of the automotive acoustic materials market. Such vehicles employ automotive acoustic materials for soundproofing and sound absorption to reduce the noise inside vehicles. For example, a report published by Kelley Blue Book in January 2024 indicated that in 2023, a record 1.2 million car buyers in the United States opted for electric vehicles, accounting for 7.6% of the U.S. vehicle market. This marked an increase from 5.9% in 2022, and such rising sales of electric vehicles are propelling the growth of the automotive acoustic materials market.
How Is The Automotive Acoustic Materials Market Segmented?
The automotive acoustic materials market is segmented as follows –
1) By Material Type: Acrylonitrile Butadiene Styrene (ABS), Fiberglass, Polyvinyl Chloride (PVC), Polyurethane (PU) Foam, Polypropylene, Textiles
2) By Component: Arch Liner, Dash, Fender and Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray, Other Components
3) By Vehicle Type: Passenger Cars, LCV, HCV
4) By Application: Underbody and Engine Bay Acoustics, Interior Cabin Acoustics, Exterior Acoustics, Trunk Panel Acoustics
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What Trends Are Shaping The Automotive Acoustic Materials Market?
Technological advancements are a significant trend in the automotive acoustic materials market. Companies are introducing new technologies such as Flexi-Loft, a felt-based technology that reduces product weight. For instance, in May 2022, Digital Metal, a Sweden-based metal additive manufacturing company, launched a 3D printer using binder jetting technology for creating intricate parts, suitable for industries like automotive.
Who Are The Key Players In The Automotive Acoustic Materials Market?
Key players in the automotive acoustic materials market include:
• Dow Chemical Company
• 3M Acoustic Solutions
• BASF SE
• Covestro AG
• Henkel Adhesives Technologies India Private Limited
• LyondellBasell Industries Holdings B.V.
• Sumitomo Riko Co. Ltd.
• Sika AG
• Rockwool A/S
• Huntsman International LLC
• Johns Manville
• Saint-Gobain Ecophon AB
• Harman International
• Thomas Publishing Company
• UFP Technologies Inc.
• Nihon Tokushu Toryo Co. Ltd.
• Knauf Insulation Ltd.
• Owens Corning
• DuPont Automotive
• ThyssenKrupp Automotive AG
• Bridgestone Americas Inc.
• Metaldyne LLC
• Detroit Diesel Corp.
• Alps Automotive Inc.
• American Showa Inc.
• Electrolux AB
• LG Electronics Inc.
• Miele & Cie. KG
• Samsung Electronics Co. Ltd.
• Panasonic Corporation
• Koninklijke Philips N.V.
• Shanghai Energy New Materials Technology Co. Ltd.
• Sinoma Science & Technology Co. Ltd.
• Cangzhou Mingzhu Plastic Co.
• Teijin Limited
• Nitto Denko Corporation
What Regional Insights Are Provided In The Automotive Acoustic Materials Market Analysis?
Asia-Pacific was the predominant region in the automotive acoustic materials market in 2024. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
