Close Lucintel Chat
Didn't Find What You're Looking for?
Call us at +1972 636 5056 or write at helpdesk@Lucintel.com
Ask an Expert Provide Custom Requirements Download Sample Report Search Available Reports
  • helpdesk@Lucintel.com
  • |
  • Call Lucintel +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'
...

The Impact of COVID-19 is included in Automotive Insulation Market. Buy it today to get an advantage.

Request the impact of COVID-19 on your product or industry


 

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 $2.9 billion by 2030 with a CAGR of 3.3% from 2024 to 2030. The major drivers for this market are growth in automotive production and increasing demand for materials which provide high acoustic insulation and energy efficiency.
  • 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.