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Home Automotive, Transportation and Warehousing Automotive and Automotive Components Growing Trends across Automobile Headliner Market Outlook: Ken Research

Growing Trends across Automobile Headliner Market Outlook: Ken Research

Automotive headliners are the ceiling of the automobile which usually made of multi-layered material. Automotive headliners are used for aesthetic, additionally functional purpose. The functional purpose of automotive headliner is to supply protection, shock absorption and cover the wire that run through roof of the vehicles. These headliners even have alternative functions, together with reduction of sound within the interior of the vehicle and inhibiting of sound waves outstanding to favorable acoustic circumstances. Besides the practical purpose, these headliners are also utilized to improve the looks of the vehicle’s interior.

The report analysis of,’ Global Automotive Headliner Market to reach USD 22.1 billion by 2027’ Makers are paying attention to the superior grade materials for making  automotive headliner. By using a variety of materials to make headliner, makers are improving characteristics of light weight, low release of stench and harmful chemicals, durability, recyclability, and high sound absorption. By adding a variety of specifications to automotive headliner with the help of high-quality material types, leading manufacturers are making efforts to gain a competitive edge in the global market. Major key market player includes are Motus Integrated Technologies, Grupo Antolin, Toyota Boshoku Corporation, Kasai North America, Inc., International Automotive Components (IAC) Group, Howa Co., Ltd., U.G.N., Inc., Hayashi Telempu Co. Ltd., Freudenberg Performance Materials and Inteva Products, LLC.

 According to the International Organization of Motor Vehicle Manufacturers (OICA), in 2019, there were around 27 million units of commercial vehicles sold around the world, an increase of about 3.85% from 2018, which holds almost 26 million units. This, in turn, is anticipated to accelerate the demand for automotive headliners, thus contributing to the expansion of the global market. However, the high cost of advanced headliner and overhead systems is one of the vital factors impeding the expansion of the market over the forecast amount of 2020-2027.

The regional analysis of global Automotive Headliner market is taken into account for the key regions like Asia Pacific, North America, Europe, Latin America and Remainder of the World. Asia-Pacific is the leading region across the globe in terms of market share because of the rise in production & sales volume of passenger cars, along with availability of large population base & rapid growing urbanization in the region. An increase in demand for premium vehicles and rapid expansion of OEMs in China, India, and South Korea are fueling the demand for automotive headliner market in the forecast period. Although, North America and European regions are still having the largest market globally, Asia is taking on an increasing share of global vehicle sales and is the only major market expected to witness strong, medium- and long-term growth. The detailed segments and sub-segment of the market are explained as follows By Vehicle Type into Passenger Vehicle and Commercial Vehicle. By Material Type into Fabric, Polyester and Plastic.

Moreover, rising production volume of passenger cars & commercial vehicle, rise in demand for interior styling, quality, and convenience features, and government regulations regarding emission level and fuel efficiency are the few other factors driving the market growth during the forecast period. Hence, it is anticipated that the market of Global Automotive Headliner Market will boost up in the upcoming years.

For More Information, Click on the Link Below:-

Global Automotive Headliner Market

Related Reports:-

Global Automotive Headliner Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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