Automotive NVH Materials Market Trends, Size, Revenue And Top Key Players, 2030
The global automotive noise, vibration, and harshness (NVH) materials market was valued at USD 9.84 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. The increasing production and use of heavy commercial vehicles across multiple industries are major drivers for the growth of NVH materials. Noise, vibration, and harshness in automobiles arising from both air-borne and structure-borne noises can lead to passenger discomfort and negatively impact vehicle durability. NVH reduction materials play a critical role in improving ride quality by minimizing these disturbances, which has increased their demand across the passenger and commercial automotive sectors. Automotive manufacturers are increasingly focused on acoustic management, vibration control, and noise reduction, as these measures help enhance fuel efficiency, reduce cabin noise, and improve overall vehicle durability. In addition, changing consumer preferen...