Automotive Carpeting and Roofing - Global Market Outlook (2017-2 - Erie News Now | WICU & WSEE in Erie, PA

Automotive Carpeting and Roofing - Global Market Outlook (2017-2023)

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LONDON, Oct. 3, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Automotive Carpeting and Roofing market is expected to grow from $XX million in 2016 to reach $XX million by 2023 with a CAGR of XX%.

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Growing vehicle production, increasing investments in automotive technologies, rising application of green technologies in automotive leather materials and technological advancements are the major factors propelling the market growth. However, huge capital requirement is hindering the market growth.

Based on Vehicles, the passenger vehicle segment is expected to witness huge demand in the market due to rising consumption of vehicles such as cars and trucks by the vast population across the world. Automation of roofing and carpet materials in passenger vehicles have created a huge demand due to its fringe benefits such as light weight fabrics, high resistance to absorb dirt and water, high durability, tensile strength and properties to withstand high exposure to sunlight and protecting the damage caused to the carpets, roofs and seat covers due to UV radiations.

In addition, the materials are used for controlling the noise vibration in the vehicles. Automation in passenger vehicles today not only covers isolation and safety aspects but also provide comfort and style. Nowadays majority of the population are getting attracted to the various appearances of the cars and other vehicles which is creating a huge scope for textiles application in automation.

Geographically, Asia Pacific region is the fastest growing market due to growing incomes and changing lifestyles of the individuals which in turn is influencing the consumption of personal vehicles. In addition the soaring demand for automotive carpeting and roofing in vehicles from countries such as Japan, India and China is also contributing to the growth of this market in the region. Also with the induction of advanced and electric vehicles the demand for automotive carpeting and roofing is increasing at a higher rate.

Some of the key players in the Automotive Carpeting and Roofing market are Hayashi Telempu Corporation, Dorsett Industries, Automobile Trimmings Company, Feltex Automotive, Lear Corporation, Magna International Inc, Unitex India Pvt Ltd, TST Carpet Manufacturers Pty Ltd, Auto Custom Carpets Inc, DuPont, UGN Inc, Faurecia, AGM Automotive Inc, IAC Group, Low and Bonar, Autoneum Holding Ltd and Orotex Belgium NV.

Vehicle Types covered:
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Passenger Vehicles

Components covered:
• Headliners/Sunshades
• Trunk Trim
• Floor Carpet

Materials covered:
• Polyvinyl Chloride
• Foam
• Fabric
• Rubber
• Other Materials

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends.
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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