Automotive Carpeting and Roofing Market

Global Automotive Carpeting and Roofing Market: Snapshot
In order to protect the interior of an automobile from corrosion, dirt, and water,
consumers use carpets, floor mats and roof among other materials. As a result of
recent advancements, nano materials are increasingly used as automotive fabric.
This is expected to have a positive impact on the global automotive carpeting and
roofing market, considering the escalating demand for eco-friendly alternatives
worldwide.
Automotive carpets, floor mats, and roofing materials are required in all types of
vehicles. However, their demand in passenger vehicles is comparatively higher as
customers expect more comfort from their private cars. Also with the rising
preference toward green technology in automotive leather materials, the market for
automotive carpeting and roofing will slowly transition towards eco-friendly
technologies. This in future will gain much traction for the market. Besides this, the
rising investment of private equity is likely to bolster the overall operations in the
market.
The global market for automotive carpeting and roofing stood at US$13.51 bn in
2016. Rising at a healthy CAGR of 5.9% from 2017 to 2025, this market is likely to
reach US$22.66 bn by the end of 2025.
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Asia Pacific to Continue Leading Global Automotive Carpeting and Roofing
Market
On the basis of the geography, the worldwide automotive carpeting and roofing
market has been categorized into North America, Europe, Asia Pacific, Middle East
and Africa, and Latin America. Among these regions Asia Pacific and Europe have
been reporting the most lucrative prospects. The regions cumulatively held over
60% of the global automotive carpeting and roofing material market in 2016. Asia
Pacific reports a greater consumption of foam compared to other regions and is
expected to grow at the highest pace during the forecasted period from 2017 to
2025. The increasing demand of passenger cars, hybrid-electric vehicles,
multipurpose vehicles, and sports utility vehicles (SUV) in India, Japan, and China is
expected to boost the Asia Pacific automotive carpeting and roofing market.
The Europe market for automotive carpeting and roofing is driven by the increasing
demand for passenger vehicles in Germany, France, the U.K, Italy, and rest of

Europe. Investments by private equity firms in automobile OEM companies in
Germany, the U.K among others is expected to increase demand in automotive
carpeting and roofing market in this region. Furthermore, the rising production of
light vehicles is also expected to increase the demand in for advanced automotive
carpeting and roofing materials in Europe.
This 149-page report gives readers a comprehensive overview of the
Automotive Carpeting and Roofing Market. Browse to unlock the hidden
opportunities in this market
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Passenger Vehicles to Exhibit Highest Demand for Advanced Automotive
Carpeting and Roofing Materials
Passenger vehicles, light commercial vehicles, and heavy commercial vehicles
exhibit high consumption of automotive carpeting, floor mats, and roof among
others. Passenger vehicles is the largest consumer of automotive carpeting and
roofing products and its market size is more than the combined market size of light
commercial vehicles and heavy commercial vehicles. Holding over 56% of the
overall market, the passenger vehicle segment emerged dominant in 2016.
Among the components of automotive carpeting and roofing, floor carpets held the
largest share followed by headliners/ sunshades, and truck trim. The increasing
application of floor carpets and the variety in materials used for the manufacturing
of floor carpets is influencing the growth of segment in this market.
Some of the major companies operating in the automotive carpeting and roofing
market are IAC Group, Feltex Automotive, Low and Bonar, AGM Automotive, Inc.,
Lear Corporation, Faurecia, Autoneum Holding Ltd., Magna International, Inc. and
UGN, Inc. among others.
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