Wilmington, Delaware, United States, June 06, 2022 (GLOBE NEWSWIRE) -- The value of the global automotive headliner market stood at US$ 12.77 Bn in 2021. The market is likely to develop at a CAGR of 4.5% during the forecast period, from 2022 to 2031. The global automotive headliner (OE) market is anticipated to attain valuation of US$ 19.83 Bn by 2031. The automotive headliner industry is being driven by changing lifestyles, rising desire for practical, simple, and upscale interiors, and rising disposable income in developing countries. The global automotive headliner (OE) market is expected to be driven by rising demand for noise-proof interiors, increasing demand for innovative headliners in premium vehicles segment. Besides, government mandates for vehicle lightweight and safety standards during the forecast period.
The term "automotive headliner" refers to the interior of a vehicle's roof. The need for interior aesthetics has been steadily increasing in the vehicle segment. As a result, manufacturers have been working hard to create interiors that are both pleasant and ergonomic. OEMs are constantly inventing new types of headliners with built-in slots for air vents and audio systems to meet the growing demand for cabin convenience and comfort amongst customers. Automobile roof upholstery headliners are benefiting from these developments.
In order to improve the consumer experience, automakers are experimenting with supplemental features such as 3D laminated glass, augmented technologies, sensors, as well as cutting-edge materials. In order to diversify their revenue sources, manufacturers are experimenting with new materials such as perforated vinyl and composite material for automotive headliners
Cushions and textiles are used to make car headliners because they have excellent vibration and sound absorption characteristics. Additionally, they protect car passengers from injuries caused by direct collision on a vehicle in the event of an accident. Fabric presently accounts for a large portion of the automotive headliner (OE) industry. In premium automobiles, materials such as Miko, Alcantara, and leather are used to laminate headliners.
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Key Findings of Market Report
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Global Automotive Headliner (OE) Market: Growth Drivers
- A key factor propelling the global automotive headliner (OE) market is the globalization of various vehicle development platforms. OEMs are likely to expand their manufacturing capacity, prolong the lifespan of existing automobile platforms, differentiate their offerings from opponents', and stay sensitive to changing customer desires by using common platforms. These platforms also enable vendors in the headlining material development industry expand their business potential.
- Asia Pacific is expected to lead the global automotive headliner (OE) market. Based on revenue share, the Asia Pacific accounted for a significant portion of the market in 2021. Attributed to the existence of a large automotive industry in China, the Asia Pacific region is estimated to occupy more than 39.12% of the global market in the years to come
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Global Automotive Headliner (OE) Market: Key Players
Some of the key market players are
- Freudenberg Performance Materials
- Toray Plastics (America), Inc.
- Atlas Roofing Corporation
- Industrialesusd S.p.A.
- Sage Automotive Interiors
- Toyota Boshoku Corporation
Global Automotive Headliner (OE) Market: Segmentation
Headliner Substrate
- Thermoplastic
- Thermoset
Material Type
- Fabric
- Foam-backed
- Suede Foam-backed
- Perforated Vinyl
- Synthetic-backed Cloth
- Composite
Technology
- Lighted
- Conventional
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