Automotive Cabin Insulation Material Market – Asia Pacific to Hold Significant Share of Global Market

Automotive Cabin Insulation Material: Introduction

• Automotive cabin insulation material is a combination of materials that retard the flow of energy, absorbs vibration, and reduces the squeaking sounds in automobiles. Insulation of the automobile cabin is fitted in a way that it reduces the temperatures inside the vehicle cabin, as compared to the temperature outside the vehicle. Moreover, it reduces the sound inside the vehicle as compared to the sound outside the vehicle.
• The materials used as automotive cabin insulator protect the vehicle cabin from the corrosive atmosphere and exposure to fire. Manufacturers employ lightweight materials to reduce the weight of the vehicle, which is turn estimated to provide more efficient vehicles. The automotive cabin insulation materials are fire-resistant, chemical- and water-resistant, and possess high strength.

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Key Drivers of Global Automotive Cabin Insulation Material Market:

• Automotive cabin insulation material is widely used in passenger cars and light-duty vehicles across the globe. It is also utilized in passenger cars for the addition of luxurious features such as acoustics, weight reduction for high efficiency, and to reduce the thermal effect in order to provide comfort & safety while driving. This factors boost the automotive cabin insulation material market across the globe.
•  In electric vehicles, this material is frequently employed for heat management applications. Electrification and autonomous driving are posing new challenges to automotive manufacturers. Moreover, the higher usage of passenger cabins has increased the need for appropriate acoustic and thermal management to deal with heat energy and noise sources, which in turn has fueled the demand for automotive cabin insulation material. These factors are expected to drive the automotive cabin insulation material market during the forecast period.
• Automotive cabin insulation material helps enhance the premium features of automotive vehicles, which include acoustics and reducing the production of unwanted sounds while the vehicle is in use. Governments have introduced stringent regulations against emissions. Noise pollution, significant heat dissipation, and the generation of noise from vehicles can adversely affect the environment. These factors are expected to drive the automotive cabin insulation material over the forecast period.
• Increase in the demand for energy-efficient vehicles to optimize the efficiency of heating and air conditioning systems is expected to significantly boost the global market. Moreover, automotive cabin insulation material helps reduce the thermal effect and acts as a heat absorbent, which in turn, is projected to drive the global automotive cabin insulation material market during the forecast period.

Global Automotive Cabin Insulation Material Market to Offer Attractive Opportunities:

• Significant increase in sales of hybrid as well as electric vehicles owing to the rise in the awareness, regarding carbon footprint reduction is highly anticipated to drive the global market. Moreover, considerable growth in the Asian & European automotive sector and technological advancement in traditional automotive cabin insulation will create a significant opportunity for the global automotive cabin insulation material market.

Global Automotive Cabin Insulation Material Market to Hamper Market:

• Inconsistency in the availability of standard materials that are used in manufacture of automotive cabin insulation is a key factor restraining the automotive cabin insulation material market. The materials available in each region differ from one another, which is a major factor that fuels the cost of production, owning to lack of economies of scale. This is estimated to further hinder the market in the next few years.

Asia Pacific to Hold Significant Share of Global Automotive Cabin Insulation Material Market:

• Asia Pacific comprises rapidly expanding economies, including India and those in ASEAN, which is likely to witness higher demand for vehicles and consequently, boost the automotive cabin insulation material market during the forecast period
• Asia Pacific held a leading share of the global automotive cabin insulation material market due to higher volume of vehicles produced in prominent countries, including China and Japan, and lower manufacturing and labor cost across the region. Moreover, availability of inexpensive labor and raw material in the region coupled with a rise in the number of local manufacturers is likely to propel the market in Asia Pacific during the forecast period.

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Key Players Operating in Global Market:

The global automotive cabin insulation material market is highly fragmented with top manufacturers across the global market. A few of the key players operating and potential in the global automotive cabin insulation material market are:

• Autinus Group
• FXI
• Autoneum
• BASF SE
• 3M
• Grupo Antolin
• L&L Products
• NITTO DENKO CORPORATION
• Pritex Limited
• TMAT Products
• Zotefoams
• Paul Bauder GmbH & Co. KG
• Lydall, Inc.
• ContiTech AG
• HAPPICH GmbH
• Henkel Corporation
• Himalyan Automotive Acoustics
• PrimAutomotive Acoustic
• Auralex Automotive Acoustics, Inc.

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