Car Headliner Market Market to Witness Exponential Growth by 2031
Car Headlineris coverage provided on the inside of the vehicle roof. The automotive industry has witnessed a consistent rise in demand for interior esthetics; hence, automakers have been constantly striving to design comfortable and ergonomic vehicle interiors. OEMs are consistently developing different types of headliners with integral slots for audio systems and air vents in order to cater to the increasing need for cabin comfort & convenience among customers. These trends are fueling innovations in automotive roof upholstery headliners.
Headliner substrate can be manufactured from thermoplastics or thermosets, according to specific applications. Different types of fabrics are used for enhanced esthetics such as laminate materials. Automakers are carrying out innovations in supplementary features, including sensors, augmented technology, and 3D laminated glass along with cutting-edge materials, in order to augment the customer experience.
Car headliners are manufactured from cushions and fabrics, as they possess good absorption properties to manage vibration & sound. Furthermore, they protect occupants of the vehicle from injury caused due to direct impact on a vehicle in case of accidents. Fabric material, currently, holds a significant share of the Car Headliner market. Materials such as leather, Miko, and Alcantara are used in premium vehicles for laminating headliners.
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Dependency of OEMs on Suppliers for Development of Automotive Headliners to Drive Market
Globalization of vehicle development platforms is a key factor driving the global Car Headliner(OE) industry. The use of common platforms enables OEMs to increase their manufacturing capacities, differentiate products from those of competitors, extend the life of existing automobile platforms, and remain responsive to changing customer tastes. These platforms also help increase revenue opportunities for suppliers in headliner material development and streamline various manufacturing lines, while achieving cost advantage. Suppliers of vehicle headliners are tapping into opportunities to supply large volumes of products. Such trends are estimated to boost the dependency of OEMs on suppliers for the development of automotive headliners. This, in turn, is likely to propel the market during the forecast period.
Rise in Sales of Premium Cars to Boost Car Headliner(OE) Market
Rise in per capita income in developing countries and increase in disposable income of the people have fueled the demand for high-end and luxury cars. This is projected to boost the demand for automotive headliners in the near future. Majority of luxury car owners prefer headliners owing to their elegant appearance, style, and design. Changing lifestyle of the people is leading to innovations in automotive leather upholstery to enhance the interiors of automobiles.
Automotive headliners absorb the noise produced on the roof due to air resistance while driving a vehicle. Vibrations and sound produced on the roof of the vehicle during rains are also absorbed by headliners. This is triggering the demand for car roof lining materials.
Introduction of car-sharing concepts, high-end driver services, and autonomous cars has enhanced the importance of the tactile experience. Moreover, odor control characteristics have been gaining traction in high-end cars, including headliner panels. Growing number of electric vehicles on the road is a key trend that is benefitting headliner material suppliers. Electric car manufacturers are focusing primarily on weight reduction in order to increase the driving range per battery charge.
Alcantara has been mandated by several electric vehicle manufacturers. As per the global EV Outlook 2020 report, sales of electric cars reached 2.1 million in 2019, surpassing that in 2018, which was already a record year, to bolster overall EV stock to 7.2 million units. Alcantara has announced a spending plan of US$ 350 Mn over five years to diversify its production facilities.
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High-performance Thermoplastics Gain Demand in Passenger and Commercial Vehicles
In terms of headliner substrate, the global Car Headliner(OE) market has been bifurcated into thermoplastic and thermoset. The thermoplastic segment held a large share of 59.10% of the global market in 2021. The segment is estimated to maintain its position in the market and advance at a CAGR of more than 4.45% during the forecast period. This is evident since the usage of thermoplastics is high in passenger as well as commercial vehicles. Thus, innovation in automotive carpeting and roofing is gaining traction in passenger vehicles.
Increase in demand for lightweight interiors is expected to fuel the demand for thermoplastics during the forecast period. In thermoplastics, polypropylene, polyurethane, and polyvinyl chloride type plastics account for nearly 66% of the total high-performance plastics used in vehicles. Thermoplastics offer high impact strength and attractive surface finish in automotive headliners. These thermoplastics can be reused and easily molded or shaped by reheating. This is likely to propel the thermoplastic segment throughout the assessment tenure.
Fabric Material Segment to Lead Global Market: Material Type Segmentation
In terms of material type, the global Car Headliner(OE) market has been classified into fabric, foam-backed, suede foam-backed, perforated vinyl, synthetic-backed cloth, and composite. The fabric segment held a significant share of 39.45% of the global market in 2021. The segment is estimated to maintain its position in the market and grow at a CAGR of more than 4.57% during the forecast period. The fabric material is widely employed as a laminating material for headliners. High-performance fabrics are stain-resistant carpet materials, which offer anti-static and moisture-proof properties.
Rise in sales of premium sedan vehicles and SUVs is anticipated to propel the demand for materials such as leather and Miko. Need for ventilation, lightweight components, and environmentally-friendly materials are some of the factors that determine the choice of material used in the production of automotive headliners. Regulatory policies also mandate the use of low volatile organic compound (VOC) materials in the manufacture of headliner substrates. Manufacturers are increasing their production of automotive foams. Foam-backed automotive headliners are predominantly used in North America, since the spending on premium-class vehicles is high in the region. Foam-backed cloth, suede foam-backed, synthetic cloth, and perforated vinyl are also some of the commonly used cloth headliners.
Regional Outlook of Global Car Headliner(OE) Market
Regional analysis of the Car Headliner(OE) market is based on production trends, political reforms, regulatory changes, and demand among buyers. Asia Pacific dominates the global Car Headliner(OE) market; the region accounted for a major share of the market, in terms of revenue share, in 2021. Asia Pacific is expected to hold more than 39.12% share of the global market during the forecast period owing to the presence of a prominent automotive industry in China. Moreover, rise in population and urbanization is boosting the Car Headliner(OE) market in the region.
China’s emergence as a global manufacturing hub has boosted the demand for passenger vehicles. Cheap labor and easy availability of raw materials are augmenting the production of insulation products in the region. Rise in vehicle production across the region is anticipated to boost the Car Headliner(OE) market during the forecast period. Increase in demand for premium vehicles and rapid expansion of OEMs in China, India, and South Korea are fueling the Car Headliner(OE) market in Asia Pacific.
Europe holds a key share of the global Car Headliner(OE) market, owing to the increase in disposable income of the people, tough competition, and surging population count across the region.
Germany is recognized for its outstanding automotive industry and excellence in engineering. From Asia to the Americas, German cars embody highly cherished values of innovation, reliability, safety, and design. Germany is by some distance Europe’s leading production and sales market. This is likely to boost the market in the region.
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Analysis of Key Players in Car Headliner(OE) Market
The global Car Headliner(OE) market is fragmented, with a high number of manufacturers controlling the market share. Key companies have the potential to increase the pace of growth through new automobile model launches and consistent changes in vehicles by automakers. Diversification of product portfolios and mergers & acquisitions (M&A) are important strategies adopted by key players.
Some of the market manufacturers identified in the global Car Headliner(OE) market are :Adient plc., Atlas Roofing Corporation, Grupo Antolin, Harodite Industries, Howa-Tramico, IAC Group, Industrialesud S.p.a., Lear Corporation, Motus Integrated Technologies, Sage Automotive Interiors, SMS Auto Fabrics, Toray Plastics, Inc., Toyota Boshoku Corporation, UGN Inc., and Freudenberg Performance Materials.
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