Market Overview:
The global commercial vehicles acoustic material market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for commercial vehicles across the globe. The global commercial vehicles acoustic material market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into polyurethane, textile, fiberglass and others. Polyurethane dominates the global commercial vehicles acoustic material market due to its superior sound absorption properties as compared to other materials such as textile and fiberglass. Textile held second largest share in terms of revenue in 2017 owing to its low cost as compared to other materials used for manufacturing acoustic materials. Fiberglass are used where weight or strength are important factors such as automotive hoods or truck cabs where noise reduction is less critical than protection from impact damage or breakage .On basis if application , bonnet liner held major share in terms revenue followed by door trim In 2017 .Regionally , North America accounted for largest share followed by Europe In 2017 .
Product Definition:
Commercial Vehicles Acoustic Material is a material that is used to reduce the noise levels inside of commercial vehicles. This material can be used in the construction of the vehicle or as an aftermarket product that can be installed in vehicles. The importance of using this material is that it can help to improve the comfort and safety of drivers and passengers inside of commercial vehicles by reducing noise levels.
Polyurethane:
Polyurethane (PU) is a polymer, which is extensively used in the automotive and construction industries. It has high durability, excellent insulation properties and can be easily processed. These factors make it an ideal material for acoustic materials in commercial vehicles.
The global PU market was estimated at 2,849 kilo tons in 2015 and is expected to witness significant growth over the forecast period on account of its increasing demand as an insulating material for automobiles including trucks and buses.
Textile:
Textile is a flexible, woven or knitted fabric that is used for the production of clothing and protective wear. It can be made from natural fibers such as cotton, wool or silk or synthetic fibers such as polyester. The market size spans the global demand in both end-use segments including consumer and industrial applications. Industrial application accounts for majority share on account of higher usage in protective clothing manufacturing coupled with other commercial applications like military uniform fabrics and upholstery industry among others.
Application Insights:
The others application segment includes lining, insulation and noise reduction. In terms of volume, the door trim application segment is likely to grow at a CAGR of XX% from 2018 to 2030 in comparison with other applications which are projected to witness growth at a higher rate during the forecast period. The high growth rate for this application can be attributed on account of increasing demand for aesthetic trims and liners that enhance the overall appearance of vehicles while providing enhanced comfort as well as soundproofing properties.
Door trimming was one among the first applications that utilized these products in large quantities since it provides an effective seal around doors and windows along with noise reduction benefits when compared with conventional materials used in vehicle manufacturing such as foam or rubber based products. These factors are anticipated to fuel industry expansion over the coming years especially during upcoming product launches by key industry players such as 3M Company (Minnesota) Ltd.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. This is attributed to increasing sales volume and demand for commercial vehicles across this region. The Asia Pacific was followed by North America, which accounted for a share of over 25% in 2017 owing to high product demand from the U.S., coupled with growing sales volume across this region.
The European market is expected to witness significant growth during the forecast period on account of stringent regulations regarding vehicle emissions and safety standards implemented by various regulatory bodies such as EEA, EU, and UNECE that affect manufacturers operating within this region significantly impacting overall industry dynamics. Moreover, rising awareness about fuel economy among consumers has resulted in increased emphasis on reducing weight while maintaining strength required for bonnet liner panels thereby driving product consumption across this region significantly impacting overall industry dynamics positively since 2012-13 fiscal year till date.
Growth Factors:
- Increasing demand for commercial vehicles due to rising disposable income and urbanization
- Growing awareness about the benefits of acoustic materials in reducing noise pollution
- Technological advancements in acoustic materials that improve sound absorption and reduce noise levels
- Stringent government regulations on vehicular noise emissions
- Rising demand from emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Vehicles Acoustic Material Market Research Report
By Type
Polyurethane, Textile, Fiberglass, Others
By Application
Bonnet Liner, Door Trim, Others
By Companies
3M, Adler Pelzer Group, Autoneum, BASF, Covestro, DowDuPont Inc., Henkel, LyondellBasell, Nihon Tokushu Toryo, Sumitomoriko
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Vehicles Acoustic Material Market Report Segments:
The global Commercial Vehicles Acoustic Material market is segmented on the basis of:
Types
Polyurethane, Textile, Fiberglass, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bonnet Liner, Door Trim, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Adler Pelzer Group
- Autoneum
- BASF
- Covestro
- DowDuPont Inc.
- Henkel
- LyondellBasell
- Nihon Tokushu Toryo
- Sumitomoriko
Highlights of The Commercial Vehicles Acoustic Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane
- Textile
- Fiberglass
- Others
- By Application:
- Bonnet Liner
- Door Trim
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Vehicles Acoustic Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial Vehicles Acoustic Material is a type of acoustic insulation material used in the construction of commercial vehicles. It is made from a combination of materials, including fiberglass, polyurethane and other additives. This insulation material helps to reduce noise levels inside commercial vehicles, making them more comfortable for passengers and less noisy for drivers.
Some of the major companies in the commercial vehicles acoustic material market are 3M, Adler Pelzer Group, Autoneum, BASF, Covestro, DowDuPont Inc., Henkel, LyondellBasell, Nihon Tokushu Toryo, Sumitomoriko.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Vehicles Acoustic Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Vehicles Acoustic Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Vehicles Acoustic Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Vehicles Acoustic Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Vehicles Acoustic Material Market Size & Forecast, 2018-2028
4.5.1 Commercial Vehicles Acoustic Material Market Size and Y-o-Y Growth
4.5.2 Commercial Vehicles Acoustic Material Market Absolute $ Opportunity
Chapter 5 Global Commercial Vehicles Acoustic Material Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Vehicles Acoustic Material Market Size Forecast by Type
5.2.1 Polyurethane
5.2.2 Textile
5.2.3 Fiberglass
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Vehicles Acoustic Material Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Vehicles Acoustic Material Market Size Forecast by Applications
6.2.1 Bonnet Liner
6.2.2 Door Trim
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Vehicles Acoustic Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Vehicles Acoustic Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Vehicles Acoustic Material Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Vehicles Acoustic Material Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Vehicles Acoustic Material Market Size Forecast by Type
9.6.1 Polyurethane
9.6.2 Textile
9.6.3 Fiberglass
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Vehicles Acoustic Material Market Size Forecast by Applications
9.10.1 Bonnet Liner
9.10.2 Door Trim
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Vehicles Acoustic Material Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Vehicles Acoustic Material Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Vehicles Acoustic Material Market Size Forecast by Type
10.6.1 Polyurethane
10.6.2 Textile
10.6.3 Fiberglass
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Vehicles Acoustic Material Market Size Forecast by Applications
10.10.1 Bonnet Liner
10.10.2 Door Trim
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Vehicles Acoustic Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Vehicles Acoustic Material Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Vehicles Acoustic Material Market Size Forecast by Type
11.6.1 Polyurethane
11.6.2 Textile
11.6.3 Fiberglass
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Vehicles Acoustic Material Market Size Forecast by Applications
11.10.1 Bonnet Liner
11.10.2 Door Trim
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Vehicles Acoustic Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Vehicles Acoustic Material Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Vehicles Acoustic Material Market Size Forecast by Type
12.6.1 Polyurethane
12.6.2 Textile
12.6.3 Fiberglass
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Vehicles Acoustic Material Market Size Forecast by Applications
12.10.1 Bonnet Liner
12.10.2 Door Trim
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Vehicles Acoustic Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Vehicles Acoustic Material Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Vehicles Acoustic Material Market Size Forecast by Type
13.6.1 Polyurethane
13.6.2 Textile
13.6.3 Fiberglass
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Vehicles Acoustic Material Market Size Forecast by Applications
13.10.1 Bonnet Liner
13.10.2 Door Trim
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Vehicles Acoustic Material Market: Competitive Dashboard
14.2 Global Commercial Vehicles Acoustic Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Adler Pelzer Group
14.3.3 Autoneum
14.3.4 BASF
14.3.5 Covestro
14.3.6 DowDuPont Inc.
14.3.7 Henkel
14.3.8 LyondellBasell
14.3.9 Nihon Tokushu Toryo
14.3.10 Sumitomoriko
