Dublin, May 03, 2022 (GLOBE NEWSWIRE) -- The "Automotive Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive flooring market reached a value of US$ 686.1 million in 2021. Looking forward, the market is projected to reach a value of US$ 950.3 million by 2027, exhibiting a CAGR of 5.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
Automotive flooring refers to carpets and mats installed on the bottom surface of automobiles for providing protection against dust, wear, tear, dirt, and corrosion. It is manufactured using low density, lightweight materials, such as nylon, rubber, polyurethane, vinyl, fiber, polypropylene, and rayon materials that provide chemical and thermal stability. They are commercially available in varying shapes, sizes, colors, and designs. Automotive flooring assists in keeping the interior clean, improving performance, reducing vibration transmission and increasing durability. Apart from this, they are widely installed in passenger cars (PCs), light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) to improve their aesthetics.
Automotive Flooring Market Trends
The increasing production and sales of vehicles across the globe is creating a positive outlook for the market. Automotive flooring is widely used to enhance the appearance of the vehicle interior and provide protection to the floor. In line with this, the increasing awareness regarding the benefits offered by the product, such as easy maintenance, ease of availability, durability, customization and protection from water, dirt, and grime, is further facilitating their widespread adoption in automobiles.
Moreover, various product innovations, such as the utilization of eco-friendly materials for the manufacturing of carpets and mats that provide improved performance and thermal stability, are providing an impetus to the market growth. Additionally, the widespread adoption of polypropylene material due to its chemical stability, low density, cost-effectiveness and resistance to corrosion and chemical leaking is also contributing to the market growth. Apart from this, the increasing consumer expenditure capacities, the rising need for customization and the implementation of various government initiatives to provide safe and economical automotive floorings are anticipated to drive the market further toward growth.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global automotive flooring market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on product, material, vehicle type and distribution channel.
Breakup by Product:
- Carpets
- Mats
Breakup by Material:
- Polyurethane
- Polypropylene
- Nylon
- Rubber
- Others
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Breakup by Distribution Channel:
- OEM
- Aftermarket
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Auria Solutions (Shanghai Shenda Co. Ltd.), Auto Custom Carpets Inc., Autoneum Holding AG, Borgers SE & Co. KGaA, Conform Automotive, Foss Performance Materials LLC (AstenJohnson Inc.), German Auto Tops Inc., Hyosung Corporation, Suminoe Textile Co. Ltd., Toyota Boshoku Corporation and Walser GmbH.
Key Questions Answered in This Report
- How has the global automotive flooring market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global automotive flooring market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global automotive flooring market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Flooring Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Carpets
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mats
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Polyurethane
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polypropylene
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Nylon
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Rubber
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Light Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Heavy Commercial Vehicles
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 OEM
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aftermarket
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3M Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Auria Solutions (Shanghai Shenda Co. Ltd.)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Auto Custom Carpets Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Autoneum Holding AG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Borgers SE & Co. KGaA
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Conform Automotive
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Foss Performance Materials LLC (AstenJohnson Inc.)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 German Auto Tops Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Hyosung Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Suminoe Textile Co. Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Toyota Boshoku Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Walser GmbH
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/55gyhx
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