The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2%, during the forecast period. Technology has brought about a revolution in the way we look at the present automotive interior spacing. Its impact has led to a change in the mindset of OEMs and suppliers of components. Headliners, when they were introduced, had merely the aim of covering the metal sheet and add to the better ambiance inside the vehicle. However, the development of technology has impacted the way headliners are designed and manufactured in recent times.
As automakers aim to make vehicles lighter, they are innovating with new-age materials that can be used in the manufacture of headliners. New materials such as dry and wet polyurethanes have been introduced to make lightweight, cost-efficient, eco-friendly, and offer a high strength-to-weight ratio.
Browse 159 market data tables and 38 figures spread through 136 pages and in-depth TOC on “Automotive Headliner Market”
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The passenger vehicle segment is projected to account for the largest share of the automotive headliner market
The growth of this segment can be attributed to the increase in demand for interior components in passenger vehicles. Passenger vehicles include all the vehicles which are used for the transportation of passengers including personal cars, wagons, hatchbacks, sedans, sport utility vehicle (SUV), multipurpose utility vehicle (MUV), estate cars, and other personal-use vehicles. The technologies used in this type of vehicle are frequently changing due to the high demand from consumers for luxurious features. Also, government regulations for emission and safety for passenger vehicles are continually evolving.
The fabric segment is projected to be the fastest-growing material type in the automotive headliner market
Fabric is formed by textile fibers that are held together by mechanical interlocking in a random web or mat by fusing the thermoplastic fibers or by bonding them with a cementing agent. Headliner fabric is different from the regular material used for upholstery. Headliner fabric has a special foam backing on it that will mold to the contours of vehicle roofs.
The automotive headliner market in APAC is projected to register the highest CAGR during the forecast period.
The APAC automotive headliner industry is segmented as China, India, South Korea, Japan, Indonesia, Thailand, and Rest of APAC. APAC is an emerging and lucrative market, owing to industrial development and improving economic conditions. This region constitutes approximately 61% of the world’s population, resulting in the growth of the automotive industry.
Major players operating in the automotive headliner market include Grupo Antolin-Irausa, S.A. (Spain), Motus Integrated Technologies (US), Toyota Boshoku Corporation (Japan), Kasai North America, Inc. (US), International Automotive Components Group SA (Luxembourg), Howa Co., Ltd. (Japan), UGN, Inc. (US), SA Automotive (US), Hayashi Telempu Corporation (Japan), Freudenberg Performance Materials (France), Inteva Products, LLC (US), and IMR-Industrialesud Spa (Italy).
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