Global Automotive Acoustic Materials Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Automotive Acoustic Materials industry revenue is expected to be around $9.8 billion in 2025 and expected to showcase growth with 5.5% CAGR between 2025 and 2034. The expansion in the sector along with stricter noise regulations and rising consumer demands for improved in car sound quality and comfort are reshaping the landscape of this industry. Coupled with advancements in technology this sector is becoming an influencer, by providing quieter and more comfortable rides for a sophisticated commuting experience.
Special materials in cars like Automotive Acoustic Materials are created to help reduce noise levels by absorbing or dampening waves and improving the overall sound quality, inside vehicles They consist of various kinds of insulation and damping materials that are strategically placed throughout the cars bodywork engine area tires and interior space
Market Key Insights
- The Automotive Acoustic Materials market is projected to grow from $9.3 billion in 2024 to $15.9 billion in 2034. This represents a CAGR of 5.5%, reflecting rising demand across Interior Sound Insulation, Under-the-hood and Vibration Damping.
- 3M Company, Autoneum Holding AG, Covestro AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Automotive Acoustic Materials market and are expected to observe the growth CAGR of 3.6% to 5.3% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 6.3% to 7.6%.
- Transition like Shift towards Lightweight Materials has greater influence in United States and Germany market's value chain; and is expected to add $410 million of additional value to Automotive Acoustic Materials industry revenue by 2030.
- The Automotive Acoustic Materials market is set to add $6.6 billion between 2024 and 2034, with manufacturer targeting Chassis & Body Application projected to gain a larger market share.
- With Surge in vehicle production, and Rising demand for noise reduction, Automotive Acoustic Materials market to expand 71% between 2024 and 2034.