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Home>Global Automotive Flooring Market to 2025 - Research and Markets

Global Automotive Flooring Market to 2025 - Research and Markets

Global Automotive Flooring Market to 2025 - Research and Markets

10/04/2017

Global Automotive Flooring Market to 2025 - Research and Markets

The "Automotive Flooring Market Analysis by Material (Polyurethane, Polypropylene, Nylon, Rubber, Others), Product (Carpets, Mats), Application (Passenger cars, LCV, HCV) and Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.

The global automotive flooring market is expected to reach USD 947.4 million by 2025

The rapidly growing automotive industry across the globe has been and is expected to drive the overall market growth. Further, the changing consumer preferences towards enhanced passenger comfort and vehicle aesthetics is anticipated to propel market growth over the forecast period.

The increasing use of insulating mats and related products for carpet protection, comfort, and aesthetics in passenger cars is expected to drive the product demand in the near future. The growing importance of noise reduction and thermal insulation is also expected to have positive impacts on the product demand during the forecast period.

The demand for floor carpets in automobiles for the protection of floor is directly proportional to the demand for vehicles. The increasing production of LCV and HCV in Asia Pacific is expected to drive the product demand in commercial vehicles, mainly on account of the presence of a large number of major OEMs in economies such as China and India.

The industry is expected to witness the highest growth in the mats product segment, expected to grow at a CAGR of 6.0% during the forecast period, in terms of revenue. The presence of key manufacturers with a massive geographical reach such as ACC, AGM Automotive, and 3M Company, with a gamut range of carpets and mats, is expected to drive the overall industry demand over the forecast period.

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