Reports
Automotive floor carpet or molded carpet is generally used in the interior of the car. The carpet is designed in such a way that it adheres to the bottom/base of the vehicle so there should be no passage or pocket for the air, in order to prevent dust and dirt from entering the vehicle cabin. The original floor pan of the vehicle cabin is used to determine the exact dimensions of the molded floor carpet. The floor carpet provides insulation, reduces sound, and improves the esthetic appearance of the interior of the vehicle. It is made of various materials based upon the type of requirement in the vehicle. The automotive floor carpet also provides cushioning to the feet of the driver and the passengers. It also avoids corrosion of the vehicle floor and prevents water and dirt from entering in. The fabric or material used to manufacture the floor carpet is getting lighter and technological enhancements are leading to development of new, light, and durable fabrics and carpets.
New technologies, such as nano materials, are used to manufacture lightweight carpets, which also reduce the weight of the vehicle. This, in turn, improves the efficiency of the vehicle, which is a key that is projected to boost the global floor carpet market during the forecast period. Moreover, the option to customize the carpet and the introduction of green and eco-friendly carpets are also expected to drive the market during the forecast period. The major restraints for the automotive floor carpet market are increasing cost of raw material that is used to manufacture the floor carpet.
The global automotive floor carpet market can be segmented based on type, material, vehicle type, sales channel, and region. In terms of type, the global floor carpet market can be bifurcated into loop pile carpet, molded carpet, cut pile carpet, plush carpet/Essex carpet, and blended pile carpet. In terms of material, the global market can be classified into polyester, vinyl, nylon, and others. Automobile manufacturers are emphasizing on the reduction of the weight of the vehicles in order to enhance power, performance, mileage, and efficiency. Consequently, they use lightweight materials to manufacture parts of the vehicles. The material should be lightweight; however, it should also be durable. Based on vehicle type, the automotive floor carpet market can be segregated into passenger vehicle and commercial vehicle. In terms of region, the global automotive floor carpet market can be bifurcated into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. The market in Asia Pacific is estimated to expand at a high growth rate during the forecast period, due to an increase in the demand for vehicles and per capita income of customers.
Furthermore, China and India are among the major producers of the automobiles in the global automotive industry. This, in turn is projected to drive the automotive floor carpet market in Asia Pacific during the forecast period. Europe is also expected to be a major market for automotive floor carpet, as several OEMs have their presence in Europe and the region contributes a major share of global automobile production. This, in turn, is estimated to boost the automobile floor carpet market in the region during the forecast period. In terms of sales channel, the market can be split into OEMs and aftermarket. The OEMs segment is expanding due to the rising demand for automobiles. This, in turn, is likely to offer significant opportunity to the automotive floor carpet market during the forecast period.
Key players operating in the global automotive floor carpet market include AUTO CUSTOM CARPETS, INC., HYOSUNG ADVANCED MATERIALS, Dorsett Industries, Tru-fit Automotive Products Ptd/Ltd., TOYOTA BOSHOKU CORPORATION, GAHH LLC, Conform Automotive, Magna International Inc., and Lear Corporation.
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