- Rise in demand for vehicles with enhanced vehicle comfort is expected to propel the global automotive dashboard silencer (OE) market. The dashboard silencer is fitted between the steel plate of the vehicle body and the dashboard. The dashboard silencer reduces noise and prevents vibrations in vehicles.
Key Drivers of Automotive Dashboard Silencer (OE) Market
- Rise demand for better driving experience in automobiles is a prominent factor boosting the global automotive dashboard silencer market. The dashboard silencer provides heat insulation in the vehicle cabin, aiding vehicle HVAC systems to perform ideally and provide ambient temperature inside the vehicle and enhance the ride experience for driver and passengers.
- Increase in demand for lightweight materials from automakers is expected to offer lucrative opportunity for OE-players engaged in the production of automotive dashboard silencer. OE-players are increasingly adopting lightweight materials to manufacture dashboard silencer. For instance, one of the materials used to produce dashboard silencer is Thermoplastic Polyolefin (TPO), a polypropylene based material that has been engineered to offer enhanced ductility and enhanced impact resistance as compared to that of standard Polypropylene (PP) grade material.
- Lightweight and chemical-resistant nature of Thermoplastic Polyolefin (TPO) also offer ease of processing for automotive dashboard silencer. In terms of electric vehicles, automakers require lightweight materials in order to reduce vehicle weight. Reduced vehicle weight enables EV makers to increase cruising range. Therefore, in terms of electric vehicle manufacturing, the automotive dashboard silencer players have lucrative opportunity.
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Asia Pacific to Dominate Automotive Dashboard Silencer (OE) Market
- In terms of region, the global automotive dashboard silencer market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa
- Asia Pacific is expected to hold a major share of the global automotive dashboard silencer market owing to an increase in production and sale of passenger vehicles across China, South Korea, and India. Majority of automotive brands are anticipated to manufacture and introduce their vehicle models for the population in Asia Pacific, thereby increasing production of vehicles in the region. Additionally, Asia Pacific has presence of well-established supply chain network catering to the automobile aftermarket.
- Rise in disposable income of the population in countries such as India, Malaysia, Indonesia, and Thailand has enabled the population to purchase vehicles with superior luxury features with enhanced vehicle interiors enabled by automotive dashboard silencer. This, in turn, is fueling the automotive dashboard silencer market in Asia Pacific.
Key Players Operating in Automotive Dashboard Silencer (OE) Market
The global automotive dashboard silencer market is highly concentrated due to the presence of top manufacturers. A few key players operating in the global automotive dashboard silencer market are:
- Dashboard Silencer – Material Suppliers
- Advanced Plastiform, Inc.
- BASF
- Evonic
- HEXPOL AB
- LG Chem
- Mitsubishi Chemicals
- RTP Company
- TOPAS Advanced Polymers GmbH
- TSRC
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