USD 1.38 billion
Automotive Flooring Market Size, Share, Growth Analysis, By Material(Polyurethane, Polypropylene, Nylon, Rubber), By Product(Carpets, and Mats), By Application(Cars, LCV, and HCV), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG25C2094 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
91
|Figures:
76
Automotive Flooring Market Insights
Automotive Flooring Market size was valued at USD 1.46 Billion in 2023 and is poised to grow from USD 1.54 Billion in 2024 to USD 2.42 Billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).
The rise in automotive manufacturing on a global basis is anticipated to be one of the major factors propelling the global automotive flooring market expansion during the forecast period. Additionally, it is anticipated that product demand will increase due to the growing demand for higher standards of comfort and safety in automobile passenger cabins. Significant material advancements for the production of various products, like carpets and mats, have recently been observed in the automobile flooring business. Nylon dominates the industry as a whole, with rubber, polyurethane, and polypropylene following. Over the forecast period, the industry is anticipated to grow as a result of the expanding use of these materials in the production of advanced flooring products and auto parts.
The market for polyurethane is anticipated to expand significantly and is likely to do so at high rates during the forecast period as a result of the rising use of PU in the production of insulating carpets and PU foam for sound deadening in passenger and commercial vehicles. Because of its low density, light weight, chemical resilience, and thermal stability, polypropylene is the most often used thermoplastic. Over the forecast period, the market for the material is anticipated to be driven by the rising use of PP in automotive applications for noise and friction insulators, carpet fibers, bumpers and gas tanks.
The presence of numerous large manufacturers integrated across the most important links in the value chain makes the automobile flooring market extremely competitive. Additionally, there is little risk of new competitors entering the market due to a number of factors. New entrants in the industry face a number of difficulties due to the requirement for large initial capital investments, the existence of numerous product manufacturers in important regions of North America, Europe, and Asia Pacific, and the existence of strict regulations regarding fuel economy, safety, noise emissions, and vehicle safety.
US Automotive Flooring Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024–2031
Global Market Size
Largest Segment
Carpets
Fastest Growth
Mats
Growth Rate
5.8% CAGR
Global Automotive Flooring Market ($ Bn)
Country Share forAsia Pacific Region (%)
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Automotive Flooring Market Segmental Analysis
The global automotive flooring market is segmented based on material, product, application, and region. Based on material, the market is segmented into polyurethane, polypropylene, nylon, rubber, and others. Based on product the market is bifurcated into carpets, and mats. In terms of application, the market is segmented into cars, LCV, and HCV. Based on region the global automotive flooring market is segmented into North America, Europe, Asia-Pacific, Latin America, and MEA.
Automotive Flooring Market Analysis by Product
The carpets segment's revenue contribution to the overall industry was highest in 2022. In order to keep the interior of the automobile quiet and comfortable, floor carpets are employed to shield it from friction, heat, and noise generated by the vehicle's construction. To increase overall ride quality, internal noises, particularly engine noises and vibrations, must be absorbed.
The rise in vehicle production on a global scale is anticipated to have a substantial impact on the overall demand for carpets in the automotive sector, fueling the expansion of the product segment. The need for customized carpeting solutions to improve the visual value of passenger cabins has also been rising significantly in the automotive industry.
Mats are expected to see a faster CAGR of 6.0% throughout the anticipated time frame. The increase can be attributed to both the rise in popularity of noise-canceling mats and the shift in automakers' priorities towards improving comfort, durability, and ride quality.
Automotive Flooring Market Analysis by Material
The nylon category contributed the most to industry revenue in 2022 and is projected to continue the same in the coming years. Cast items have a superior strength-to-weight ratio, high heat & impact resistance, and optical clarity. Due to its flexibility, light weight, strength, and lower price, nylon fiber is the most frequently used material type for automotive flooring. Throughout the forecast period, this market segment is anticipated to expand at a CAGR of 4.6%.
Due to the growing usage of PU in the production of flooring products and vehicle components, polyurethane, which already holds a sizable market share, is anticipated to expand at a CAGR of 6.0% over the course of the projection period. The need for polyurethane is anticipated to increase over the projected period as a result of its superior chemical and mechanical qualities and rising need for noise-insulating materials.
Most interior and external components, including films, textiles, coatings, and seat materials, are made of polypropylene. The demand for this material in the flooring industry is anticipated to be driven by its superior material qualities when compared to rubber and nylon, as well as the related inexpensive costs.
Global Automotive Flooring Market By Product
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Automotive Flooring Market Regional Insights
North America is likely to register the fastest growing rate during the forecast period on account of the recovery of the U.S. automotive industry and increase in car production in countries such as Mexico and the U.S. This region is further expected to grow at a CAGR of about 6%, with Mexico acting as the key contributor.
Asia-Pacific emerged as the dominant region for the global automotive flooring market. With a projected CAGR of 5.9% over the course of the projection period, this regional market is also anticipated to continue to experience the largest growth. The growth of this regional sector is anticipated to be driven by the rising automotive production in China, India, and South Korea, as well as the expanding demand for improved passenger comfort and safety in automobiles.
Global Automotive Flooring Market By Region
- Largest
- Fastest
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Automotive Flooring Market Dynamics
Automotive Flooring Market Drivers
Growing Demand for High-quality and Durable Automotive Flooring Materials
- Consumers are looking for flooring materials that can withstand the wear and tear of daily use, are easy to clean, and have a long lifespan.
Automotive Flooring Market Restraints
Stringent Regulations
- The automotive industry is subject to strict regulations governing the use of materials, including flooring materials. Compliance with these regulations can be challenging and can impact the cost of production.
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Automotive Flooring Market Competitive Landscape
There are many players working in the extremely competitive market for automobile flooring. The competition is based on factors such as price, quality, innovation, and customer service. These players are constantly investing in research and development to introduce innovative and sustainable flooring materials to gain a competitive advantage. They are also adopting strategies such as mergers and acquisitions, collaborations, and partnerships to expand their market presence and strengthen their product portfolios.
Top Player’s Company Profiles in Automotive Flooring Market
- 3M
- BASF SE
- Borealis AG
- DuPont de Nemours, Inc.
- Feltex Automotive
- Freudenberg Performance Materials
- Grupo Antolin
- IAC Group
- Magna International Inc.
- Martur Automotive Seating Systems
- Mitsubishi Chemical Holdings Corporation
- Nihon Plast Co. Ltd.
- Omnova Solutions Inc.
- Sumitomo Chemical Co., Ltd.
- Toyota Boshoku Corporation
- Trelleborg AB
- UGN, Inc.
Automotive Flooring Market Recent Developments
- In April 2024, Mount Faber Leisure Group officially launched the new futuristic SkyOrb Cabins on the Singapore Cable Car – Mount Faber Line. Fitted with glass-bottomed floors to allow guests to view the scenery below their feet, the new cabins offer guests an elevated journey with a stunning panoramic view of the skyline.
- In March 2024, JB Poindexter & Co. announced the acquisition of General Truck Body, and at the Work Truck Show 2024, announced that it is also acquiring Transit Corp. of Quebec.
- In July 2023, the DC2 Innova Hycross added an entire lounge to the rear of the already comfortable Innova Hycross and has also installed glass flooring along with other luxury goodies in this MPV.
Automotive Flooring Key Market Trends
- Growing demand for lightweight and sustainable materials: With the increasing focus on fuel efficiency and environmental sustainability, there is a growing demand for lightweight and sustainable materials in the automotive industry, including the flooring segment. Manufacturers are therefore investing in research and development to introduce innovative materials that can reduce vehicle weight, improve fuel efficiency, and minimize environmental impact.
- Increasing adoption of electric vehicles: The growing popularity of electric vehicles (EVs) is also driving demand for new types of flooring materials that are specifically designed for EVs. For example, some manufacturers are developing materials that can help to reduce noise and vibration in EVs, as well as materials that can withstand high temperatures and provide better insulation.
- Growing demand for luxury and premium vehicles: The demand for luxury and premium vehicles is also on the rise, which is driving demand for high-quality, customized flooring solutions. Manufacturers are therefore developing new materials and designs that can meet the specific requirements of these vehicles, such as improved comfort, durability, and aesthetics.
- Increasing use of advanced manufacturing technologies: The use of advanced manufacturing technologies, such as 3D printing and digital manufacturing, is also becoming more prevalent in the automotive flooring market. These technologies enable manufacturers to produce complex and customized flooring solutions more efficiently, while also reducing waste and minimizing environmental impact.
Automotive Flooring Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates and Analyzes the Data collected by the help of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global automotive flooring market analysis, we found that the Increasing automotive manufacturing activities throughout the globe is anticipated to be one of the major factors propelling market expansion during the forecast period. Additionally, it is anticipated that product demand will increase due to the growing demand for higher standards of comfort and safety in automobile passenger cabins. Significant material advancements for the production of various products, like carpets and mats, have recently been observed in the automobile flooring business. Nylon dominates the industry as a whole, with rubber, polyurethane, and polypropylene following. Over the forecast period, the industry is anticipated to grow as a result of the expanding use of these materials in the production of advanced flooring products and auto parts.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.38 billion |
| Market size value in 2031 | USD 2.29 Billion |
| Growth Rate | 5.8% |
| Base year | 2023 |
| Forecast period | 2024–2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Automotive Flooring Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Automotive Flooring Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Automotive Flooring Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Flooring Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Flooring Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Flooring Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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