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(Transportation-News.com, October 06, 2017 ) Growing vehicle production, increasing investments in automotive technologies, rising application of green technologies in automotive leather materials and technological advancements are the major factors propelling the market growth. However, huge capital requirement is hindering the market growth.
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Based on Vehicles, the passenger vehicle segment is expected to witness huge demand in the market due to rising consumption of vehicles such as cars and trucks by the vast population across the world. Automation of roofing and carpet materials in passenger vehicles have created a huge demand due to its fringe benefits such as light weight 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 due to UV radiations. In addition, the materials are used for controlling the noise vibration in the vehicles. Automation in passenger vehicles today not only covers isolation and safety aspects but also provide comfort and style. Nowadays majority of the population are getting attracted to the various appearances of the cars and other vehicles which is creating a huge scope for textiles application in automation.
Geographically, Asia Pacific region is the fastest growing market due to growing incomes and changing lifestyles of the individuals which in turn is influencing the consumption of personal vehicles. In addition 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 automotive carpeting and roofing is increasing at a higher rate.
Some of the key players in the Automotive Carpeting and Roofing market are 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. Vehicle Types covered: -Light Commercial Vehicles -Heavy Commercial Vehicles -Passenger Vehicles
Components covered: -Headliners/Sunshades -Trunk Trim -Floor Carpet
Materials covered: -Polyvinyl Chloride -Foam -Fabric -Rubber -Other Materials
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Regions Covered: -North America US Canada Mexico -Europe Germany UK France Italy Spain Rest of Europe -Asia Pacific Japan China India Australia New Zealand South Korea Rest of Asia Pacific -South America Argentina Brazil Chile Rest of South America -Middle East & Africa Saudi Arabia UAE Qatar South Africa Rest of Middle East & Africa
Company Profiling 10.1 Hayashi Telempu Corporation 10.2 Dorsett Industries 10.3 Automobile Trimmings Company 10.4 Feltex Automotive 10.5 Lear Corporation 10.6 Magna International, Inc. 10.7 Unitex India Pvt Ltd 10.8 TST Carpet Manufacturers Pty Ltd 10.9 Auto Custom Carpets Inc. 10.10 DuPont 10.11 UGN, Inc 10.12 Faurecia 10.13 AGM Automotive Inc. 10.14 IAC Group 10.15 Low and Bonar 10.16 Autoneum Holding Ltd 10.17 Orotex Belgium NV
For more information about this report: http://www.reportsweb.com/automotive-carpeting-and-roofing-global-market-outlook-2017-2023
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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