According to the recent study the Automotive Insulation Market is projected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 3.6% from 2023 to 2030. Growth in this market is primarily driven by growth in automotive production and increasing demand for materials which provide high acoustic insulation and energy efficiency.
Browse 107 figures/charts
and 68 tables in this 206-page report to understand trends, opportunities and
forecast in automotive insulation market by product type (PU foam, elastomeric
foam, glass wool, and others), by function (acoustic insulation and thermal
insulation), by vehicle type (passenger vehicle and light commercial vehicle)
and by region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
passenger car segment is expected to remain the largest market and it is
expected to witness highest growth over the forecast period due to increasing
demand of compact and mid-size cars with low noise and higher vehicle comfort.
PU foam will remain the
largest segment over the forecast period due to its light weight and higher
thermal efficiency.
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Automotive Insulation Market
Europe will remain the
largest and fastest growing region over the forecast period due to the
stringent environmental protection regulations.
BASF, Covestro, Armacell
International S.A, Johns Manville, Recticel, UFP Technologies, Saint-Gobain
S.A., Aeroflex Company Limited, SoundTech Inc. are the major suppliers in the automotive
insulation providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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