Jul 12, 2019 (Heraldkeepers) — Europe automotive acoustic materials market share is expected to grow significantly on account of rising sales of premium,…
Jul 12, 2019 (Heraldkeepers) — Europe automotive acoustic materials market share is expected to grow significantly on account of rising sales of premium, luxury, and sports vehicles. Moreover, the presence of multiple automotive players including Volkswagen, Audi, Skoda, BMW, and Fiat among others offering a wide range of premium vehicles further accentuates the market demand. For instance, Bosch launched its innovative automotive acoustic material for vehicles, that operate using microphones and algorithms to cancel out sound.
The prominent players in the automotive acoustic materials market share include BASF SE, DOW Chemicals, 3M, Covestro, LyondellBasell, Huntsman International LLC, Sika AG and Henkel. The other players include Toray Industries, E. I. du Pont de Nemours and Company, Harman International Industries, Inc., Rockwool international, Tex Tech Industries, Fabri-Tech components, Thomas net and Saint-Gobain Ecophon AB. Innovations in technologies and launch of new products are few of the major strategies adopted by industry players to improve their market share
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Industry participants are using a combination of innovative thermal insulating and acoustic layers with integrated aluminum elements to optimize the vehicle NVH characteristics. The usage of low weight reinforced thermoplastics (LWRT) enable automobile manufacturers to reduce the ambient noise significantly. Additionally, the incorporation of these materials in the car floor body protects the underbody from stone chipping and corrosion.