Albany, NY -- (SBWIRE) -- 10/24/2018 -- The detailed study on the global automotive headliner (OE) market offers a granular assessment of key growth dynamics, major product development trends, factors underpinning promising avenues, and competitive dynamics.

The global automotive headliner market is primarily driven by the rising demand from buyers to enhance the aesthetics of vehicle interiors in order to the comfort of passengers and ergonomics of the entire vehicle. The global automotive headliner (OE) market is projected to rise at a single-digit CAGR during the forecast period of 2018–2026.

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The staggering rise in demand for passenger vehicles is a key factor expected to catalyze the expansion of the global automotive headliner (OE) market. The growing demand for sturdy interiors to protect vehicle roof is a notable factor bolstering the uptake of automotive headliner. A good OE minimizes the damage to the vehicle roof as all impact and sound vibrations are directly absorbed by them. Moreover, the growing use of better fabrics has progressively enhanced the sound absorption property of automotive headliner, which is favoring the expansion of the market.

The presence of substantial disposal incomes, especially in developing and developed nations, in recent years has bolstered the demand for luxury and high-end cars. This is propelling the demand for OE at premium price range, which is expected to fuel the rapid expansion of the market. The growing popularity of automotive headliners with trendy style and elegant appearance has augmented the lucrativeness of the automotive headliner (OE) market.

The growing demand for utility vehicles among millennials is fueling the demand for automotive headliners. The growing trend of carpooling in urban parts of several countries is a notable opening lucrative avenue for the uptake of automotive headliner in the transport sector, especially in emerging and advanced nations.

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On the regional front, Asia Pacific holds a sizeable share in the global automotive headliner (OE) market, driven by the presence of several prominent automotive manufacturers in its key economies. The growth of the regional market will be supported by burgeoning vehicle production. Moreover, the rapid expansion of the OEM segment in countries, such as India, China, and South Korea, is expected to unlock several promising prospects in the region.

Regional players are entering into strategic alliances with global players to gain large competitive edge over their rivals in the global automotive headliner (OE) market. Top players are leveraging the advantage of diverse product portfolios to consolidate their positions over the forecast period.

Some of the key players operating in the automotive headliner (OE) market are UGN Inc., Toray Plastics, Sage Automotive Interiors, Industrialesud S.p.A, Howa-Tramico, Grupo Antolin, and Adient plc.

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