Automotive Headliners Market Structure and Its Segmentation for the Period 2020-2026

With the world progressing towards modernization, people around the globe have been spending heftily in owning luxury vehicles that are incorporated with best in class features and optimum consumer satisfaction. This has indeed propelled the need for perfect automotive headliners, allowing the market to carve a profitable niche for itself in the overall automotive and transportation business sphere over 2020 to 2026.
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Moreover, immense focus laid upon carbon footprint and overall weight reduction are also, to quite an extent, adding to the industry growth. In fact, various companies operating in the production of automotive parts and fabrics are going nine yards to offer brilliant solutions to carmakers as well as consumers that not only help in combating the challenges associated with carbon emission levels but also allow them to stand a level apart in the overall market space.
One such company, FoamPartner- a pioneer in advanced foam solutions, had in 2019 announced developing a foam product family characterized by low emission levels for use in automotive headliners with massive demands on design and processability. Developed by patented ether prepolymer technology and named OBoSky, the material is specifically targeted to cater to the burgeoning demand for automotive headliners. Owing to their high elongation and good resilience, these foams also have a perfect fit in more automotive interior applications demanding a pleasant soft feel.
Elaborating further on the material façade, it has been observed that the global automotive headliners market is gradually driven by both the plastics and fabrics segments. Reports suggest that the plastics domain would dominate the overall market in the years to come, perhaps due to its excellent performance, lightness, and easy availability. Meanwhile, the fabrics segment is also likely to hold a considerable share of 20% in automotive headliners market; courtesy- its aesthetic appeal and lightness. It has been claimed that passengers, HCVs, and luxury vehicles are expected to leverage the diverse advantages of automotive headliners in the near future.
Speaking of which, the HCVs are currently observing a significant growth in headliner consumption. This can be ascribed to the rising demand for lorries with integrated driver cabins to augment the comfort level. What more has impelled the demand for advanced headliners across HCVs is the improving operational capabilities and outgrowing number of amenities for these vehicles. While on the other hand, economic development and expanding disposable incomes of the middle-class population has undeniably urged people to opt for luxury vehicles.
That said, it would be safe to declare that rising sales of luxury vehicles would in turn produce a demand spurt for advanced automotive headliners across some of the high income countries and regions like North America, the Middle East, and Europe. Estimates claim that the luxury cars unit sales across the United Kingdom would reach a hefty trillion-number mark by 2023, witnessing some ups and downs due to the ongoing COVID-19 pandemic in Europe region.
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Although the European continent is currently facing the wrath of coronavirus infection spread, it is essential to state that the regional automotive headliners market would depict a CAGR of 4% through 2026, as companies are relentlessly working towards overall weight reduction in vehicles in an effort to enhance the fuel efficiency. In addition to this, European regulatory bodies and organizations including the regional and federal, have mutually established regulations and standards to curtail vehicle emission. This has undeniably offered various automakers in the region to develop sustainable and potential solutions in the overall automotive headliners market.  
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