Nvh Materials Market Major Developments and Leading Players Analysis with Industry Segments

NVH stands for noise, vibration, and harshness, and NVH materials are used to reduce these factors in various industries, including automotive, aerospace, construction, and others. These materials are designed to absorb or dampen noise and vibrations, making products quieter and more comfortable for users. The global NVH materials market is expected to grow at a CAGR of 6.3% from 2021 to 2028, reaching a market size of USD 14.2 billion by 2028. Some of the key factors driving the growth of the NVH materials market include the increasing demand for lightweight materials, rising awareness about noise pollution, and stringent government regulations on noise pollution. The automotive industry is the largest end-use industry for NVH materials, accounting for over 50% of the market share. The NVH materials market is segmented based on material type, application, end-use industry, and geography. Based on material type, the market is segmented into rubber, foam, metal, and ot...