The global automotive insulation market is expected to reach $2.5 billion by 2024, growing at a CAGR of 3.5% between 2019 and 2024. The market segments include PU foam, elastomeric foam, glass wool, and others for acoustic insulation and thermal insulation in passenger vehicles and light commercial vehicles across North America, Europe, Asia Pacific and the rest of the world. Key players in the industry include Recticel, BASF, Armacell, Saint-Gobain, SoundTech Inc., and others.

1. Global Automotive Insulation Market Report
2019-2024: Trends, Forecast and Competitive
Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by Product
Type
PU foam, elastomeric foam, glass wool, and others
Market Segments by Function Acoustic insulation and thermal insulation
Market Segments by Vehicle
Type
Passenger vehicle and light commercial vehicle
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
Recticel, BASF, Armacell, Saint-Gobain, SoundTech Inc., Aeroflex Company
Limited, UFP Technologies, Johns Manville, Avon Group Manufacturing,
Siderise Group, and Covestro and others.
Trend Growth Rate and CAGR 3.5%
Key Industry Forecast
The global automotive insulation market is expected to reach an estimated
$2.5 billion by 2024 with a CAGR of 3.5% from 2019 to 2024
Key Industry Driver
Driver: Growth in automotive production and increasing demand for materials
which provide high acoustic insulation and energy efficiency.. .
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3. Industry Overview
Market Size
• The global automotive insulation market is
expected to reach an estimated $2.5 billion
by 2024 with a CAGR of 3.5% from 2019 to
2024.
• Emerging trends, which have a direct impact
on the dynamics of the automotive insulation
industry, include deployment of polyurethane
nano-foams and development of fourth
generation blowing agents.
Market Size (2024) $2.5 billion
CAGR (2019-24) 3.5%
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Industry Performance : Forecast