Automotive Insulation Market: Trends, Opportunities and Competitive Analysis

Automotive Insulation Market Trends and Forecast

The future of the global automotive insulation market looks promising with opportunities in the passenger car and light commercial vehicle market. The global automotive insulation market is expected to reach an estimated $2 billion by 2027 with a CAGR of 4.2% from 2021 to 2027. The major drivers for this market are growth in automotive production and increasing demand for materials which provide high acoustic insulation and energy efficiency.

Emerging Trends in the Automotive Insulation Market

Emerging trends, which have a direct impact on the dynamics of the industry, include deployment of polyurethane nano-foams and development of fourth generation blowing agents.

A total of 107 figures / charts and 68 tables are provided in this 206-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the automotive insulation market report, please download the report brochure.

Automotive Insulation Market by Segment

The study includes a forecast for the global automotive insulation market by application, product type, function, vehicle type, and region as follows:

Automotive Insulation Market by Application[Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:

• Interior
• Under the Hood

Automotive Insulation Market by Product Type[Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:

• PU Foam
• Elastomeric Foam
• Glass Wool
• Others

Automotive Insulation Market byFunction[Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:

• Acoustic Insulation
• Thermal Insulation

Automotive Insulation Market by Vehicle Type[Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:

• Passenger Vehicle
• Small Car
• Compact Car
• Mid-Size Car
• Large Car
• SUV & Crossover
• Light Commercial Vehicle

Automotive Insulation Market by Region[Volume (Kilotons) and $M shipment analysis from 2016 to 2027]:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• The United Kingdom
• Italy
• France
• Asia Pacific
• China
• South Korea
• Japan
• India
• The Rest of the World

List of Automotive Insulation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive insulation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive insulation companies profiled in this report includes.

• BASF
• Covestro
• Armacell International S.A
• Johns Manville
• Recticel
• UFP Technologies
• Saint-Gobain S.A.
• Aeroflex Company Limited
• SoundTech Inc.

Automotive Insulation Market Insight

• 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.
• Europe will remain the largest and fastest growing region over the forecast period due to the stringent environmental protection regulations.

Features of Automotive Insulation Market

• Market Size Estimates: Automotive insulation market size estimation in terms of value ($B) and volume (kilotons)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis: Market size by application, product type, function, and vehicle type.
• Regional Analysis: Automotive insulation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different application, product type, function, vehicle type, and region and regions for the automotive insulation market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the automotive insulation market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the automotive insulation market size?

Answer:The global automotive insulation market is expected to reach an estimated $2 billion by 2027

Q2. What is the growth forecast for automotive insulation market?

Answer:The automotive insulation market is expected to grow at a CAGR of 4.2% from 2021 to 2027.

Q3. What are the major drivers influencing the growth of the automotive insulation market?

Answer: The major drivers for this market are growth in automotive production and increasing demand for materials which provide high acoustic insulation and energy efficiency.

Q4. What are the major applications or end use industries for automotive insulation?

Answer:Passenger car is the major end use industries for automotive insulation.

Q5. What are the emerging trends in automotive insulation market?

Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include deployment of polyurethane nano-foams and development of fourth generation blowing agents.

Q6. Who are the key automotive insulation companies?

Answer:Some of the key automotive insulation companies are as follows:

• L'Oreal S.A.
• BASF
• Covestro
• Armacell International S.A
• Johns Manville
• Recticel
• UFP Technologies
• Saint-Gobain S.A.
• Aeroflex Company Limited
• SoundTech Inc.

Q7. Which automotive insulation product segment will be the largest in future?

Answer: Lucintel forecasts that PU foam will remain the largest segment over the forecast period due to its light weight and higher thermal efficiency.

Q8. In automotive insulation market, which region is expected to be the largest in next 5 years?

Answer:Europe is expected to remain the largest region and witness the highest growth over next 5 years

Q9. Do we receive customization in this report?

Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1 What are some of the most promising potential, high growth opportunities for the global 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 region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2 Which segments will grow at a faster pace and why?
• Q.3 Which regions will grow at a faster pace and why?
• Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
• Q.5 What are the business risks and threats to the market?
• Q.6 What are the emerging trends in this market and the reasons behind them?
• Q.7 What are the changing demands of customers in the market?
• Q.8 What are the new developments in the market? Which companies are leading these developments?
• Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
• Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
• Q.11 What M & A activities have taken place in the last 5 years in this market?