Vibration Damping Chemicals

Vibration Damping Chemicals Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018–2024
Vibration damping chemicals are exclusively utilized to minimize or eliminate vibration and
noise. These chemicals are used in various industrial, electronics, technical, structural,
ergonomic, and other applications. Vibration damping chemicals minimizes the vibration of a
product, equipment, and application through internal and external sources. Vibration
damping chemical changes the natural vibration frequency of the vibrating surface of the
product and decreases the radiated noises and then increase the transmission loss of the
material.
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The global Vibration damping chemicals market is segmented on the basis of function type,
application, and end user industries. On the basis of function type, the market is segmented
into unconstrained damping, constrained damping, and tuned visco-elastic damping. On the
basis of application, the global market is segmented into emulsions, polycarboxylic acid
ammonium salt, anti-foaming agents, propylene glycol, calcium carbonate, mica, polyacrylic
acid ester, and others. On the basis of end user industries, the market is segmented into
automobile industry, healthcare industry, firearm industry, electronics industry, power tools
industry, and other industries.
Prevalent Scenario in Vibration Damping Chemicals Market
Increasing industrial activities and industrial applications are driving the demand for vibration
damping chemicals across the globe. Increasing demand for durable products is also
expected to boost the demand for these vibration damping chemicals. End user industries
such as automobile and healthcare utilize vibration damping chemicals in a large scale.
Various components and equipment in these industries are freed of vibration by applying
these chemicals. Minimizing or eliminating vibrations from these equipment is vital for their
efficient operations and durability. Currently, North America and Europe are leading markets
for vibration damping chemicals. Various laws and standards are set in these regions to
monitor the manufacturing the application of vibration damping chemicals. The U.S. is one of
the leading markets for vibration damping chemicals. The U.S. has large scale industrial
activities which have further boosted the demand for vibration damping chemicals. Canada
is also emerging as a growing market for vibration damping chemicals owing to its oil & gas
and other industrial activities. In Europe, vibration damping chemicals market is dominated
by Germany, Russia, France, the U.K., and Italy among others. Germany is one of the
leading markets for vibration damping chemicals owing to presence of major automobile
manufacturers in the country. Other high-end industries in the country also contribute to
drive the demand for vibration damping chemicals in Germany. Russia has a range of
firearm industries, oil & gas industries, and power tools industries among others which drive
the demand for vibration damping chemicals in the country. France and Italy are also
industrial economies which boost the demand for vibration damping chemicals in this region.
Future Outlook in Vibration Damping Chemicals Market
North America and Europe are mature markets for vibration damping chemicals. However,
Asia Pacific is expected to gain major market share during the forecast period owing to
increasing industrial activities in the region. Counties such as China, India, Malaysia,
Thailand, South Korea, and Japan among others are expected to drive the vibration damping
chemicals market in Asia Pacific. China is expected to play a major role in global vibration
damping chemicals industry owing to its large scale industrial manufacturing hub. China has
numerous electronics industries, power tools industries and hand held tools industries
among other industries which are expected to boost the demand for vibration damping
chemicals in the country. India is also expected to drive the market of vibration damping
chemicals with increasing activities in automobile and healthcare industries. Countries such
as South Korea and Japan have electronics industries, automobile industries, and other
industries which are expected to drive the demand for vibration damping chemicals during
the forecast period. Thailand, Singapore and Malaysia are expected to be other prominent
markets for vibration damping chemicals in Asia Pacific during the forecast period owing to
increasing industrial activities in these countries. Middle East & Africa has witnessed steady
rise in industrial, activities. Various companies have setup their manufacturing plants in
Africa which is expected to boost the demand for vibration damping chemicals in this region.
Market Driven By R&D
The global vibration damping chemicals market is driven by research and development and
new product development by leading companies. Companies are implementing various
strategies to improve their market share in global vibration damping chemicals industry.
Some of the major companies operating in the global market include Enidine, KTR, REER,
Stenflex, Vibrostop, Dictator, Tiflex, Fabreeka, Stabilus, Berg, Mupro, and Axon among
others.
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Vibration Damping Chemicals Market report categorizes global market by function type, application, and end use industries - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2024