Bus NVH Material Market size was valued at USD 2.5 Billion in 2024 and is projected to reach USD 4.0 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
The global Bus NVH (Noise, Vibration, and Harshness) Material Market was valued at approximately $1.2 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of around 5.6% through 2028. In 2023, the regional contributions to the market revenue were as follows: Asia Pacific led with 40%, North America accounted for 28%, Europe contributed 25%, Latin America made up 4%, and the Middle East & Africa represented 3%. The Asia Pacific region is anticipated to experience the fastest growth due to the rising demand for buses in emerging economies and increased investments in public transportation. Within the market, the Acoustic Absorbing Materials segment held the largest share at 45% in 2023, followed by vibration dampers and soundproofing materials. The Soundproofing Materials segment is expected to grow at the fastest rate during the forecast period, driven by increasing noise regulations and the demand for enhanced passenger comfort. In terms of application, the 3 8 MT segment accounted for the largest market share at 50%, driven by the popularity of mid sized buses for urban and intercity transit. The Less than 3 MT segment is anticipated to grow at the fastest rate, owing to the surge in demand for smaller buses in developing regions for short distance travel.
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Sumitomoriko
Autoneum
Zhuzhou Times
Tuopu
Cooper Standard
3M
Henkel
STP
Asimco technologies
JX Zhao's
Adler Pelzer Group
Faurecia
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Bus NVH Material Market
Acoustic Foam
Mass Loaded Vinyl (MLV)
Composite Materials
Rubber Materials
Insulation Fabrics
Sound Absorbing Panels
Engine Compartment
Floor and Roof
Door Panels
Side Walls
Wheel Wells
Chassis and Frame
Sheets
Rolls
Pads
Sprays
Structural Elements
OEM Manufacturers
Aftermarket Suppliers
Bus Fleet Operators
Customization Service Providers
Recycling and Reuse Facilities
Noise Reduction
Vibration Damping
Thermal Insulation
Weight Reduction
Environmental Protection (e.g., moisture resistance)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Bus NVH Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Bus NVH Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bus NVH Material Market, By Type
6. Global Bus NVH Material Market, By Application
7. Global Bus NVH Material Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Bus NVH Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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