The global low-frequency sound-absorbing insulation material market is estimated to grow at a CAGR of nearly 1.6% during the forecast period. Noise is associated with the annoyance experienced by humans owing to the machines and appliances used in everyday activities. Sound is the propagation of a disturbance in a fluid or solid; a wave motion is initiated when an element moves the nearest particle of air, causing a difference in pressure in the medium through which the wave travels.
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Foam is the most often used insulating material for sound absorption at low frequencies. Acoustic insulation uses both open-cell and closed-cell foams. When it comes to the handling of different frequencies of noise, foam and foam-based materials are the materials that serve a wide range of applications. Noise insulation uses both closed-cell and open-cell foams. The majority of companies cater to mid-and high-frequency needs. Electric vehicles are becoming more popular and in demand as a result of government and policymakers attempts to stimulate the production of emission-free vehicles. Governments in the US, the European Union, India, and China are offering a range of incentives, including low or no registration fees, as well as exemptions from import tax, purchase tax and road tax.
Increased awareness of noise, vibration, and harshness levels in automobiles has resulted in a need for a vehicle’s overall refinement level, which is a key element among car-buying decisions. As a result, automakers have made enormous efforts to produce and market vehicles with low NVH levels. This trend is likely to boost demand for automotive noise and vibration control materials, as well as low-frequency sound-absorbing insulating materials.
For Instance, in May 2019, Pritex (UK), a significant player in the thermo-acoustic insulation solutions market, was bought by Saint-Gobain. The acquisition will allow Saint-Gobain High-Performance Solutions’ mobility business unit to expand its business model beyond automotive glazing and offer innovative mobility solutions for comfort, safety, and energy savings.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
- By Material
- By Application
- Competitive Landscape: Saint-Gobain, BASF, Mitsubishi Chemical Holdings, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
- Recovery Timeline
- Deviation from pre-COVID forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Low-Frequency Sound-Absorbing Insulation Material Market Segmentation
By Material
- Foam
- Others
By Application
- Engine and Under the Bonnet
- Interior
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
