By 2026 Automotive Flooring Market Burst to Touch $1.48 Bn
Automotive Flooring Market (By Product: Carpet, Mat; By Application: Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV); By Material: Polyurethane, Polypropylene, Nylon, Rubber, Others; By Sales Channel: OEM, Aftermarket) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
According to Acumen Research market is projected to reach USD 1.48 Billion by 2026, growing at a CAGR of 5.8% from 2019 to 2026.
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Asia-Pacific dominated the global automotive flooring market in the year 2018. The region has experienced the potential growth owing to the presence of automotive flooringcompanies such as 3M, DuPont de Nemoursand Toyota Boshoku Corporation among others. The presence of a large customer base along with growing aftermarket industry is additionally accelerating the regional market growth. Moreover, stringent government regulations regarding vehicle safety and growing vehicle production and sales are expected to enhance the market growth in the global automotive flooring market in future. Strong economic growth in developing countries such as India, China, Indonesia, and Thailandand rise in consumer spending on vehicle accessories for enhancing the comfort level is further expected to boosts the demand for automotive flooring in Asia-Pacific. The Europe region is expected to exhibit a second-largest share in the automotive flooring market. R&D investments in automotive components and partsand growing adoption of luxury and premium vehicles, stringent government regulation to vehicle manufacturers to install light accessories and parts to meet low emission standardsin countries, such as Germany, the UK, France, Spain, and Italy, are expected to enhance the market growth in the global automotive flooring market during the forecast.
North America region is expected to exhibit highest CAGR in the automotive flooring market. Technological advancement in lightweight floor materials to improve fuel efficiency, presence of automotive flooring key players, and growing aftermarket industry in Mexico are the major driving factor for the region in the global market. Moreover, the National Highway Traffic Safety Administration (NHTSA) states the regulations for durability, performance in various heat environments, noise and odor release for automotive flooring increases its dominance in the global automotive flooring market in future.
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Growing demand for overall weight reduction in vehicles, increase in demand for fuel efficient vehicles, and increase in application areas of automotive flooringare the main drivers for the market growth of the global automotive flooringmarket over the forecast period. Furthermore, growing demand for customized automotive flooring and growing consumer focus towards aesthetic appeal and comfort level and growing automotive aftermarket industry further grows the demand for automotive flooring over the forecast the period. Moreover, technological advancement and increase in the number of applications, and growing demand for electric and autonomous vehicles are expected to enhance the market size. This also expected to open investment opportunities in the global market for the manufacturers in the coming years.
However, volatile prices of raw material, limited color variants, growing environmental and health concerns are expected to hamper the growth of the global automotive flooring market during the forecast period.
Polypropylene segment have dominated the materialsegment in the year 2018 and the segment is projected to maintain its dominance over the forecast period from 2019 to 2026. The material segment further classified intopolyurethane, polypropylene, nylon, rubber, and others. Several guidelines and recommendations issued by regulatory authorities and enhance aesthetic appeal and durability with polypropylene material further expected to drive the demand for the segment. The manufacturers such as 3M, DuPont de Nemours, and Foss Performance Materials are the mainly investing in the development of polyurethane material for automotive flooring, which expected the lead the market in the coming years.
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Aftermarket segment dominated the automotive flooring market on the basis of sales channelin the year 2018. The major factors that are driving the growth of this segment are growing demand for customized product with design alterations and growing consumer focus towards vehicle modification, and increase in number of service centers and private label shops drives the consumption ofautomotive flooring in aftermarket. This expected to enhance the dominance of the aftermarket in the global market over the forecast period.
Some of the leading competitors are Corry Rubber Corporation, Freudenberg Performance Materials, HP Pelzer Automotive System Inc., Derby Fabricating Solutions, LLC, and Apache Mills, Inc., TOYOTA BOSHOKU CORPORATION, DuPont, 3M, Magna International Inc., and AGM Automotive LLC, Low & Bonar, Autoneum Holding Ltd., and Faurecia SA.
Some of the key observations regarding automotive flooring industry include:
- In July 2019, BASF SE introduced new automotive foam based flooring from polyurethane waste.
- In September 2018, BASF SE has developed the world's first particle foam based on polyethersulfone.
- In January 2018, Tarkett opened its new vinyl modular flooring facility in Europe by investing USD 85 Million. This new manufacturing facility further enhances the new product for automotive flooring and increases its customer base.
- In November 2017, Mohawk Industries acquired Godfrey Hirst Group (Australia), a leading carpet manufacturer. The acquisition focuses on enhance its product portfolio in automotive carpet and enhance its distribution network and increase the customer base in Australia.
Market Segmentation
Market By Product
- Carpet
- Mat
Market By Application
- Passenger Cars
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
Market By Material
- Polyurethane
- Polypropylene
- Nylon
- Rubber
- Others
Market By Sales Channel
- OEM
- Aftermarket
Market By Geography
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Key Questions Answered in the Report
The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-
- What is the overall structure of the market?
- What was the historical value and what is the forecasted value of the market?
- What are the key product level trends in the market?
- What are the market level trends in the market?
- Which of the market players are leading and what are their key differential strategies to retain their stronghold?
- Which are the most lucrative regions in the market space?
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automotive Flooring
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Flooring Market By Application
1.2.2.1. Global Automotive Flooring Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global Automotive Flooring Market Revenue Share By Application in 2018
1.2.2.3. Passenger Cars
1.2.2.4. Light Commercial Vehicles (LCV)
1.2.2.5. Heavy Commercial Vehicles (HCV)
1.2.3. Automotive Flooring Market By Product
1.2.3.1. Global Automotive Flooring Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.3.2. Global Automotive Flooring Market Revenue Share By Product in 2018
1.2.3.3. Carpet
1.2.3.4. Mat
1.2.4. Automotive Flooring Market By Material
1.2.4.1. Global Automotive Flooring Market Revenue and Growth Rate Comparison By Material (2015-2026)
1.2.4.2. Global Automotive Flooring Market Revenue Share By Material in 2018
1.2.4.3. Polyurethane
1.2.4.4. Polypropylene
1.2.4.5. Nylon
1.2.4.6. Rubber
1.2.4.7. Others
1.2.5. Automotive Flooring Market By Sales Channel
1.2.5.1. Global Automotive Flooring Market Revenue and Growth Rate Comparison By Sales Channel (2015-2026)
1.2.5.2. Global Automotive Flooring Market Revenue Share By Sales Channel in 2018
1.2.5.3. OEM
1.2.5.4. Aftermarket
1.2.6. Automotive Flooring Market By Geography
1.2.6.1. Global Automotive Flooring Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Automotive Flooring Market Revenue and Growth Rate (2015-2026)
1.2.6.3. Europe Automotive Flooring Market Revenue and Growth Rate (2015-2026)
1.2.6.4. Asia-Pacific Automotive Flooring Market Revenue and Growth Rate (2015-2026)
1.2.6.5. Latin America Automotive Flooring Market Revenue and Growth Rate (2015-2026)
1.2.6.6. Middle East and Africa (MEA) Automotive Flooring Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Automotive Flooring Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Automotive Flooring Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Automotive Flooring Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Automotive Flooring Major Manufacturers in 2018
CHAPTER 4. AUTOMOTIVE FLOORING MARKET BY Application
4.1. Global Automotive Flooring Revenue By Application
4.2. Passenger Cars
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Light Commercial Vehicles (LCV)
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Heavy Commercial Vehicles (HCV)
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. AUTOMOTIVE FLOORING MARKET BY PRODUCT
5.1. Global Automotive Flooring Revenue By Product
5.2. Carpet
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Mat
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. AUTOMOTIVE FLOORING MARKET BY MATERIAL
6.1. Global Automotive Flooring Revenue By Material
6.2. Polyurethane
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Polypropylene
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Nylon
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Rubber
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. AUTOMOTIVE FLOORING MARKET BY SALES CHANNEL
7.1. Global Automotive Flooring Revenue By Sales Channel
7.2. OEM
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Aftermarket
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. NORTH AMERICA AUTOMOTIVE FLOORING MARKET BY COUNTRY
8.1. North America Automotive Flooring Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Automotive Flooring Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Automotive Flooring Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
CHAPTER 9. EUROPE AUTOMOTIVE FLOORING MARKET BY COUNTRY
9.1. Europe Automotive Flooring Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Automotive Flooring Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
CHAPTER 10. ASIA-PACIFIC AUTOMOTIVE FLOORING MARKET BY COUNTRY
10.1. Asia-Pacific Automotive Flooring Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Automotive Flooring Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
CHAPTER 11. LATIN AMERICA AUTOMOTIVE FLOORING MARKET BY COUNTRY
11.1. Latin America Automotive Flooring Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Automotive Flooring Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA AUTOMOTIVE FLOORING MARKET BY COUNTRY
12.1. Middle East & Africa Automotive Flooring Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East & Africa Automotive Flooring Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Material, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Sales Channel, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. TOYOTA BOSHOKU CORPORATION
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Product Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. DuPont
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Product Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. 3M
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Product Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Magna International Inc
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Product Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. AGM Automotive LLC
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Product Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Low & Bonar
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Product Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Autoneum Holding Ltd
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Product Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Faurecia SA
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Product Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Corry Rubber Corporation
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Product Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Freudenberg Performance Materials
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Product Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. HP Pelzer Automotive System Inc.
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Product Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Derby Fabricating Solutions, LLC
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Product Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Apache Mills, Inc.
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Product Portfolio
13.13.5. Key Developments
13.13.6. Strategies
13.14. Others
13.14.1. Company Snapshot
13.14.2. Overview
13.14.3. Financial Overview
13.14.4. Product Portfolio
13.14.5. Key Developments
13.14.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
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