The automotive flooring market is set to grow from its current market value of more than 1.45 billion to over 1.8 billion, increasing technological developments to explore lightweight and environment-friendly vehicle components will drive automotive flooring industry share in the forthcoming years. Growing traffic has rendered an increased level of noise levels that have resulted in the adoption of acoustic insulation materials for vehicle cabins. There has been a shift in the consumer preference for comfort in vehicles with the rise in the disposable income at hand that will further contribute to the growth of the industry.
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Nylon segment is expected to exhibit a sturdy growth within the automotive flooring industry as it boasts increased heat as well as impact resistance properties. Products that use nylon provide an extremely high strength-to-weight ratio accompanied by substantial stain resistance.
There is a rise in the need for HCVs as they have high ground clearance, large payload capacity for the passengers as well as transportation of cargoes in various terrain conditions which shall encourage production in terms of volume. The rising production of these vehicles shall help provide suitable growth prospects for automotive flooring market size in the coming years.
With the rising awareness for personal comfort and safety, OEMs have been increasingly laying emphasis over products that must have enhanced quality assurance and wear & dust resistance. These products must cater to the needs of high-end as well as small vehicle customers, further influencing automotive flooring market industry outlook.
OEMs tend to explore collaborative manufacturing efforts that could help in the improvement of designs of various flooring products. Surging accuracy concerning product dimensions due to the deployment of advanced production machines as well as demand for excellent aesthetics and superior finish shall be a prime contributing factor to the growth of this segment.
Europe automotive flooring market is projected to observe high profits through 2026. Automakers have been installing vehicle trims mostly for their excellent properties of noise reduction and acoustics in-cabin. Europe has been producing vehicles on a large scale and happens to be one of the largest contributors to vehicle production in the world. There has been an increasing domestic and international demand for passenger vehicles in Europe that will foster automotive flooring industry trends.
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Partial Chapter of the Table of Content
Chapter 5 Automotive Flooring Market, By Product
5.1 Market share by product, 2018 & 2026
5.2.1 Market estimates and forecast from carpet, 2014 - 2026, (USD Million)
5.2.2 Market estimates & forecast from carpet, by region, 2014 - 2026 (USD Million)
5.3.1 Market estimates and forecast from mat, 2014 - 2026, (USD Million)
5.3.2 Market estimates & forecast from mat, by region, 2014 - 2026 (USD Million)
Chapter 6 Automotive Flooring Market, By Vehicle
6.1 Market share by vehicle, 2018 & 2026
6.2.1 Market estimates and forecast from PCV, 2014 - 2026, (USD Million)
6.2.2 Market estimates & forecast from PCV, by region, 2014 - 2026 (USD Million)
6.3.1 Market estimates and forecast from LCV, 2014 - 2026, (USD Million)
6.3.2 Market estimates & forecast from LCV, by region, 2014 - 2026 (USD Million)
6.4.1 Market estimates and forecast from HCV, 2014 - 2026, (USD Million)
6.4.2 Automotive flooring market estimates & forecast from HCV, by region, 2014 - 2026 (USD Million)
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