Automotive Carpeting and Roofing Market
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Global <strong>Automotive</strong> <strong>Carpeting</strong> <strong>and</strong> <strong>Roofing</strong> <strong>Market</strong>: Snapshot<br />
In order to protect the interior of an automobile from corrosion, dirt, <strong>and</strong> water,<br />
consumers use carpets, floor mats <strong>and</strong> roof among other materials. As a result of<br />
recent advancements, nano materials are increasingly used as automotive fabric.<br />
This is expected to have a positive impact on the global automotive carpeting <strong>and</strong><br />
roofing market, considering the escalating dem<strong>and</strong> for eco-friendly alternatives<br />
worldwide.<br />
<strong>Automotive</strong> carpets, floor mats, <strong>and</strong> roofing materials are required in all types of<br />
vehicles. However, their dem<strong>and</strong> in passenger vehicles is comparatively higher as<br />
customers expect more comfort from their private cars. Also with the rising<br />
preference toward green technology in automotive leather materials, the market for<br />
automotive carpeting <strong>and</strong> roofing will slowly transition towards eco-friendly<br />
technologies. This in future will gain much traction for the market. Besides this, the<br />
rising investment of private equity is likely to bolster the overall operations in the<br />
market.<br />
The global market for automotive carpeting <strong>and</strong> roofing stood at US$13.51 bn in<br />
2016. Rising at a healthy CAGR of 5.9% from 2017 to 2025, this market is likely to<br />
reach US$22.66 bn by the end of 2025.<br />
Obtain Report Details @<br />
http://www.transparencymarketresearch.com/automotive-carpeting-<strong>and</strong>-roofingmarket.html<br />
Asia Pacific to Continue Leading Global <strong>Automotive</strong> <strong>Carpeting</strong> <strong>and</strong> <strong>Roofing</strong><br />
<strong>Market</strong><br />
On the basis of the geography, the worldwide automotive carpeting <strong>and</strong> roofing<br />
market has been categorized into North America, Europe, Asia Pacific, Middle East<br />
<strong>and</strong> Africa, <strong>and</strong> Latin America. Among these regions Asia Pacific <strong>and</strong> Europe have<br />
been reporting the most lucrative prospects. The regions cumulatively held over<br />
60% of the global automotive carpeting <strong>and</strong> roofing material market in 2016. Asia<br />
Pacific reports a greater consumption of foam compared to other regions <strong>and</strong> is<br />
expected to grow at the highest pace during the forecasted period from 2017 to<br />
2025. The increasing dem<strong>and</strong> of passenger cars, hybrid-electric vehicles,<br />
multipurpose vehicles, <strong>and</strong> sports utility vehicles (SUV) in India, Japan, <strong>and</strong> China is<br />
expected to boost the Asia Pacific automotive carpeting <strong>and</strong> roofing market.<br />
The Europe market for automotive carpeting <strong>and</strong> roofing is driven by the increasing<br />
dem<strong>and</strong> for passenger vehicles in Germany, France, the U.K, Italy, <strong>and</strong> rest of
Europe. Investments by private equity firms in automobile OEM companies in<br />
Germany, the U.K among others is expected to increase dem<strong>and</strong> in automotive<br />
carpeting <strong>and</strong> roofing market in this region. Furthermore, the rising production of<br />
light vehicles is also expected to increase the dem<strong>and</strong> in for advanced automotive<br />
carpeting <strong>and</strong> roofing materials in Europe.<br />
This 149-page report gives readers a comprehensive overview of the<br />
<strong>Automotive</strong> <strong>Carpeting</strong> <strong>and</strong> <strong>Roofing</strong> <strong>Market</strong>. Browse to unlock the hidden<br />
opportunities in this market<br />
http://www.transparencymarketresearch.com/sample/sample.php?<br />
flag=B&rep_id=23882<br />
Passenger Vehicles to Exhibit Highest Dem<strong>and</strong> for Advanced <strong>Automotive</strong><br />
<strong>Carpeting</strong> <strong>and</strong> <strong>Roofing</strong> Materials<br />
Passenger vehicles, light commercial vehicles, <strong>and</strong> heavy commercial vehicles<br />
exhibit high consumption of automotive carpeting, floor mats, <strong>and</strong> roof among<br />
others. Passenger vehicles is the largest consumer of automotive carpeting <strong>and</strong><br />
roofing products <strong>and</strong> its market size is more than the combined market size of light<br />
commercial vehicles <strong>and</strong> heavy commercial vehicles. Holding over 56% of the<br />
overall market, the passenger vehicle segment emerged dominant in 2016.<br />
Among the components of automotive carpeting <strong>and</strong> roofing, floor carpets held the<br />
largest share followed by headliners/ sunshades, <strong>and</strong> truck trim. The increasing<br />
application of floor carpets <strong>and</strong> the variety in materials used for the manufacturing<br />
of floor carpets is influencing the growth of segment in this market.<br />
Some of the major companies operating in the automotive carpeting <strong>and</strong> roofing<br />
market are IAC Group, Feltex <strong>Automotive</strong>, Low <strong>and</strong> Bonar, AGM <strong>Automotive</strong>, Inc.,<br />
Lear Corporation, Faurecia, Autoneum Holding Ltd., Magna International, Inc. <strong>and</strong><br />
UGN, Inc. among others.<br />
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