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Automotive Flooring Market Trends

Report ID: GMI2149
Published Date: May 2024
Report Format: PDF

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Automotive Flooring Market Trends

Automotive manufacturers are increasingly preferring lightweight components for flooring to enhance fuel efficiency and minimize emissions. Lightweight materials such as designed polymers, thermoplastics, and composites are being used to replace heavier conventional materials like metal and rubber. Additionally, sustainability is a rising concern in the automobile sector, boosting demand for eco-friendly and recyclable flooring options.

Manufacturers are looking on sustainable and bio-based materials, as well as recycled content, to reduce the environmental effect of automotive flooring manufacturing. Furthermore, smart flooring solutions are becoming increasingly popular in the automotive industry as modern technology are integrated into automobiles. Sensor-equipped flooring materials may detect passenger presence, monitor weight distribution, and regulate heating and cooling systems as needed for increased comfort and safety.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of automotive flooring reached USD 1.4 billion in 2023 and is set to witness 2.8% CAGR from 2024 to 2032, owing to the technological advancements, changing consumer preferences, and regulatory requirements worldwide.

The floor mats segment reached USD 883 million in 2023, due to consumers increasingly looking for floor mats that may be customized with designs, colors, and materials that fit the inside of their car.

Asia Pacific market recorded USD 569 million in 2023, attributed to the expansion of the automotive sector, together with increased vehicle production and sales in the region.

Auto Custom Carpets Inc, Autoneum, Dorsett Industries, DuPont, Foss Performance Materials, Freudenberg SE, GAHH, LLC, Gemini Group Inc., Hyosung Corporation, Low & Bonar, Toyota Boshoku Corporation, and WALSER GmbH, are some of the major automotive flooring companies worldwide.