[FURL=https://www.briefingwire.com/pr/opc-ua-network-market-forecast-2021-2026?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Automotive Headliner Market[/FURL] The Global Automotive Headliner market size is forecast to reach $21.8 billion by 2026, growing at a CAGR of 5.6% from 2021 to 2026. Rising demand for passenger vehicles, stringent government regulations or initiatives towards promoting the use of lightweight designed auto parts along with growing demand for advanced and high-quality interior design or styling within vehicles have been attributing the growth of automotive headliner market. Growing advancements towards development of sustainable/Eco-friendly materials for automotive applications along with increasing investments in electric vehicle development is also set to raise the demand for automotive headliners in the long run.Key Takeaways
Growing advancements towards developing sustainable/eco-friendly materials for automotive applications as well as increasing investments on electric vehicles overtime is analysed to significantly drive the Automotive Headliner market during the forecast period 2021-2026.
Passenger Cars segment is analysed to grow with the highest CAGR during 2021-2026, owing to factors including rise in automotive sales, growing shift towards passenger vehicles with sunroofs and others.
APAC Automotive Headliner Market held the largest share in 2020, owing to increasing demand for passenger vehicles, expansion of automotive manufacturing facilities with others.
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Automotive Headliner Market Segment Analysis- By Geography
APAC region dominated the global automotive headliner market with the largest share of around 38% in 2020 and is also analysed to have a significant growth over the forecast period 2021-2026. Rising urbanization, growing demand for passenger vehicles along with expansion projects related to automotive manufacturing facilities have attributed towards the growth of automotive headliners within the region. In addition, high investments on electric vehicles or autonomous vehicles, growing adoption of premium or luxury vehicles, shift towards utilizing lightweight materials to reduce fuel consumption and many others is set to drive the market growth of automotive headliners in the coming time.
Automotive Headliner Market Drivers
Growing advancements towards development of sustainable/eco-friendly materials for automotive applications
Increasing investments towards electric vehicles drives the market forward:
Automotive Headliner Market Landscape
Automotive Headliner top 10 companies include Grupo Antolin, Freudenberg Performance Materials, International Automotive Components (IAC Group), Motus Integrated Technologies, Toyota Boshuku Corporation, Sage Automotive Interiors, UGN Inc., Atlas Roofing Corporation, Lear Corporation and Yangfeng Automotive Interiors among others.
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