Global Automotive Carpeting Market – Global Industry Analysis and Forecast (2019-2026)

Global Automotive Carpeting Market was valued at US$ 4.49 Bn in 2019 and is estimated to reach US$ 6.1Bn by 2026 at a CAGR of 4.47%.

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The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short term and long term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region wise.

Automotive carpeting is also known as vehicle mats, are manufactured and designed for the protection of automobile floor from wear & tear, dirt & dust, and corrosion. The automotive carpet and floor materials are gaining popularity in the market mainly owing to the aesthetic look bestowed to the vehicles.

The expanding automotive industry in the Asia-Pacific region has two major driving factors, the one is increasing manufacturing of light-weight vehicles, and the availability of non-fabric substitutes. Moreover, the new approaches and technologies towards the manufacturing of upright and reliable flooring components, which can be mounted with perfection in an automobile are expected to be a prominent driver for the global automotive carpeting market growth.

The passenger vehicle segment is expected to witness a huge demand in the market owing to the rising consumption of vehicles such as cars and trucks by the vast population across the world. Automation carpeting in passenger vehicles have created a huge demand due to its fringe benefits such as lightweight 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 owing to UV radiations. Additionally, the materials are used for controlling the noise vibration in the vehicles.

Region-wise, the Asia Pacific region is the fastest-growing market owing to growing incomes and changing lifestyles of the individuals which in turn is influencing the consumption of personal vehicles.

Moreover, 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 the automotive carpeting market is increasing at a higher rate.

The key players operating in the global automotive carpeting market, 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.

Scope of Global Automotive Carpeting Market

Global Automotive Carpeting Market, by Component

• Floor Carpet

• Trunk Trim

Global Automotive Carpeting Market, by Material

• Fabric

• Rubber

• Polyvinyl Chloride

• Foam

• Others

Global Automotive Carpeting Market, by Vehicle type

• Light Commercial Vehicles

• Heavy Commercial Vehicles

Global Automotive Carpeting Market, by Region

• North America

• Europe

• The Asia Pacific

• Middle East and Africa

• South America

Key players operating in Global Automotive Carpeting Market

• 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

• Orotex Belgium NV

For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-automotive-carpeting-market/22407/

This Report Is Submitted By : Maximize Market Research Company

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