Global Automotive Cabin Insulation Market 2017-2021

Overview of the global automotive cabin insulation market

With the rising customer preference for premium vehicles and SUVs, the demand for high-end utility vehicles is also increasing. Technavio’s market research analysts have identified this increasing demand for SUVs and premium vehicles as one of the primary factors that will fuel the growth of the automotive cabin insulation market in the coming years. It has been observed that the SUV market will witness the sale of more than 33 million units by 2021 and countries in APAC will account for the maximum sale of this automobile segment. Since the noise, vibration, and harshness (NVH) solution is a significant part of automobiles and the new electrically developed vehicles have the need to exhibit this design, this increasing sale of SUVs will significantly influence the growth of the cabin insulation market. Our market research analysts estimate that this market will grow steadily at a CAGR close to 6% by 2021.

The increasing utilization of textile material in cabin interiors is one of the key trends that will gain traction in the automotive cabin insulation market during the next few years. The utilization of textile material in automotive cabins is increasing and textiles find applications in seat upholstery, belts, airbags, claddings, filters, and insulation materials. With technological advancements that result in increased functionality, cost reduction, and better control, the utilization of fabrics in automotive cabins will increase in the coming years, fueling the market’s growth prospects.

Competitive landscape and key vendors

The automotive cabin insulation market appears to be fragmented. The market mainly has two kinds of players: raw material manufacturers, who provide products to OEMs and manufacturers who supply the final products. The market is competitive and the players in this automotive insulation market mainly compete based on parameters such as pricing, quality, and innovations.

The leading vendors in the market are-

• Autoneum
• BASF
• FXI

The other prominent vendors in the market are 3M, Autins Group, Grupo Antolin, L&L Products, NITTO DENKO, Pritex, and TMAT.

Segmentation by vehicle segment type and analysis of the automotive cabin insulation market

• Premium vehicle
• SUV
• High-performance vehicle

During 2016, the high-performance vehicle segment accounted for the major share of the automotive cabin insulation market. This vehicle segment includes supercars and luxury vehicles and the growing demand for these vehicles due to their efficient engine power, vehicle structure design, and on-road performance will drive the growth of the market in this segment.

Segmentation by geography and analysis of the automotive cabin insulation market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive cabin insulation market throughout the forecast period. The presence of technologically advanced countries such as China, Japan, and India where the automotive industry witnesses significant growth, will be a major factor fueling the growth of this automotive insulation market in APAC.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive cabin insulation market?
• What are the key market trends impacting the growth of the global automotive cabin insulation market?
• What are the challenges to global automotive cabin insulation market growth?
• Who are the key vendors in the market?
• What are the market opportunities and threats faced by the vendors in the global automotive cabin insulation market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive cabin insulation market?

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