CONSTRAINED LAYER DAMPING MARKET ANALYSIS
Global constrained layer damping market was valued at US$ 429.83 Mn in 2021 in terms of revenue, exhibiting a CAGR of 6.35 % during the forecast period (2022 to 2030).
Market Trends
Among product type, the steel segment is the largest segment among product types which is expected to a revenue of US$ 744.88 Mn by 2030. Steel manufacturers working with composites engineers and laminates to develop vehicle parts are increasingly focusing on weight reduction, noise reduction, and cost saving. To reduce structure-borne noise in the vehicle, silent steel (sandwich steel) is used. Sandwich steel is used as a damping material in various applications to control noise and vibration in vehicles such as power train application. The excellent properties of steel such as high durability, stiffness, and toughness enables it to act as an excellent layer that helps in the protection of damping material.
Figure 2. Global Constrained Layer Damping Market value Share (%), by End-use Industry, 2021
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