Market Overview:
The global damping resistance material market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for damping resistance materials in automotive, aerospace, and electronics applications. Inorganic substance damping resistance materials are expected to witness higher growth than organic compound damping resistance materials during the forecast period. Asia Pacific is expected to be the fastest-growing region in the global damping resistance material market during the forecast period.
Product Definition:
Damping Resistance Material is a material that resists the flow of electrical current through it. This material is used in electronic components to prevent them from ringing or oscillating after being powered on or off. Damping resistance materials are also used in capacitors to help dissipate energy and keep them from overloading.
Organic Compound Damping Resistance Material:
Organic compound damping resistance material is a new type of material that exhibits an exceptional characteristic, it's ability to resist the movement of particles due to vibration or shock. This property makes it suitable for use in various industries including automotive and construction equipment.
Inorganic Substance Damping Resistance Material:
Inorganic substance damping resistance material is a new type of material that has recently been developed. It consists of inorganic compounds such as calcium carbonate, magnesium sulfate, and lead carbonate. These materials have high specific gravity and low electrical conductivity which makes them ideal for use in the construction industry where there is a need for controlling the spread of fire.
Application Insights:
Automotive, aerospace and electronics are the major application areas of damping resistance materials. In automotive industry, it is used in hydraulic systems to reduce noise and friction. It is also used in power steering system as a fluid medium for reducing torque reaction on the steering wheel due to vehicle rollover or impact. Electronics segment held the largest market share of over 30% in 2017 owing to its extensive use as a dielectric material that provides low electrical continuity and high insulation resistance against moisture and gases at high temperatures. Other applications include construction, mining equipment, food machinery & packaging among others.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to rapid industrialization and growth of automotive industry in China, India, Japan, and South Korea. The Asia Pacific region accounted for a volume share of 37.6% in 2017 on account of high demand from industries including aerospace & defense (18%), power electronics & energy (17%) and others (28%).
The Europe damping resistance material market is driven by growing demand from industries including automotive, aerospace & defense and electronics. The European Union has stringent regulations regarding fuel economy which will boost the use of anti-vibration products in these end-use sectors over the next eight years. North America also holds a significant share due to early adoption by various end-user industries such as automobile manufacturers who are using advanced technologies such as active noise control system for reducing vehicle weight while maintaining safety standards required by U.S Department Of Transport’s Federal Motor Carrier Safety Administration or FMCSA).
Growth Factors:
- Increasing demand for damping resistance material from the automotive industry as a result of increasing production of passenger cars and commercial vehicles
- Rising demand for damping resistance material from the construction industry due to growth in infrastructure development activities
- Growing demand for damping resistance material in the electronics and semiconductor industries due to increasing adoption of advanced technologies
- Rising popularity of lightweight vehicles, which is resulting in increased use of damping resistance materials in vehicle components such as suspensions and chassis systems
- Technological advancements that are resulting in development of new types of damping resistance materials with better performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Damping Resistance Material Market Research Report
By Type
Organic Compound Damping Resistance Material, Inorganic Substance Damping Resistance Material
By Application
Automotive, Aerospace, Electronics, Others
By Companies
Owens Coring, Johns Manville, DowDuPont, Cytec Industrial Materials, PPG, Momentive, Cytec, Hexcel, AOC
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Damping Resistance Material Market Report Segments:
The global Damping Resistance Material market is segmented on the basis of:
Types
Organic Compound Damping Resistance Material, Inorganic Substance Damping Resistance Material
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
Automotive, Aerospace, Electronics, 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:
- Owens Coring
- Johns Manville
- DowDuPont
- Cytec Industrial Materials
- PPG
- Momentive
- Cytec
- Hexcel
- AOC
Highlights of The Damping Resistance 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:
- Organic Compound Damping Resistance Material
- Inorganic Substance Damping Resistance Material
- By Application:
- Automotive
- Aerospace
- Electronics
- 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 Damping Resistance 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Damping material is a material that helps to reduce the vibration of an object. It can be used in various applications, such as construction, automotive, and machinery.
Some of the key players operating in the damping resistance material market are Owens Coring, Johns Manville, DowDuPont, Cytec Industrial Materials, PPG, Momentive, Cytec, Hexcel, AOC.
The damping resistance material market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Damping Resistance 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 Damping Resistance Material Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Damping Resistance 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 Damping Resistance 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 Damping Resistance Material Market Size & Forecast, 2018-2028 4.5.1 Damping Resistance Material Market Size and Y-o-Y Growth 4.5.2 Damping Resistance Material Market Absolute $ Opportunity
Chapter 5 Global Damping Resistance 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 Damping Resistance Material Market Size Forecast by Type
5.2.1 Organic Compound Damping Resistance Material
5.2.2 Inorganic Substance Damping Resistance Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Damping Resistance 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 Damping Resistance Material Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Damping Resistance 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 Damping Resistance 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 Damping Resistance Material Analysis and Forecast
9.1 Introduction
9.2 North America Damping Resistance 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 Damping Resistance Material Market Size Forecast by Type
9.6.1 Organic Compound Damping Resistance Material
9.6.2 Inorganic Substance Damping Resistance Material
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 Damping Resistance Material Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Electronics
9.10.4 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 Damping Resistance Material Analysis and Forecast
10.1 Introduction
10.2 Europe Damping Resistance 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 Damping Resistance Material Market Size Forecast by Type
10.6.1 Organic Compound Damping Resistance Material
10.6.2 Inorganic Substance Damping Resistance Material
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 Damping Resistance Material Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Electronics
10.10.4 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 Damping Resistance Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Damping Resistance 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 Damping Resistance Material Market Size Forecast by Type
11.6.1 Organic Compound Damping Resistance Material
11.6.2 Inorganic Substance Damping Resistance Material
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 Damping Resistance Material Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Electronics
11.10.4 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 Damping Resistance Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Damping Resistance 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 Damping Resistance Material Market Size Forecast by Type
12.6.1 Organic Compound Damping Resistance Material
12.6.2 Inorganic Substance Damping Resistance Material
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 Damping Resistance Material Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Electronics
12.10.4 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) Damping Resistance Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Damping Resistance 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) Damping Resistance Material Market Size Forecast by Type
13.6.1 Organic Compound Damping Resistance Material
13.6.2 Inorganic Substance Damping Resistance Material
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) Damping Resistance Material Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Electronics
13.10.4 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 Damping Resistance Material Market: Competitive Dashboard
14.2 Global Damping Resistance Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Owens Coring
14.3.2 Johns Manville
14.3.3 DowDuPont
14.3.4 Cytec Industrial Materials
14.3.5 PPG
14.3.6 Momentive
14.3.7 Cytec
14.3.8 Hexcel
14.3.9 AOC