Automotive Interior Materials Market (By Material Type: Leather, Thermoplastic Polymers, Fabric, Vinyl, and Wood; By Application: HCV, LCV, and PV; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024
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Product Code:
RP-ID-10325527 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
149 -
Category:
Service Industry -
Publisher:
Pub-ID-50
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Automotive Interior Materials Market is estimated to reach $155 billion by 2024; growing at a CAGR of 2.8% between 2016 and 2024. The majority of auto makers are executing these thoughts into the parts of their designs and the interior is no exception. Consumers are opting for bio-based materials, instead of plastic composite material parts. A shift towards light colors in car interiors and light weight luxury automobiles are becoming increasingly popular. There is a need to reduce the energy utilized during manufacture, the wastage produced and the energy and resources used to fabricate the parts. Lately there has been a shift in the industry towards renewable materials, recycled and sustainable production.
Major drivers of the global automotive interior materials market are technological advancements coupled with high demand for compact & mid-sized cars, growing penetration of electric vehicles and rising trend of customization to differentiate their offerings. Though, high cost of raw materials such as leather and strict government regulations on the usage of leathers may hamper the growth of the market. Introduction of green technology and nano technology in the materials would provide opportunity in the upcoming years.
The global Automotive Interior Materials market is segmented into material, application and geography. By material type, it is further segmented into leather, thermoplastic polymers, fabric, vinyl and wood. Furthermore, application segment is bifurcated into heavy commercial vehicle, light commercial vehicle and passenger vehicle.
By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada and Mexico are covered under North America wherein Europe covers U.K., Italy, France, Germany and others. Asia-Pacific covers China, India, Japan, and others. Rest of the World (RoW) covers South America, Middle East, and Africa.
Key players of automotive interior materials market include The Haartz Corporation, Toyota Boshoku Corporation, Johnson Controls Inc., Sage Automotive Interiors Inc., Faurecia S.A., GST AutoLeather Inc., International Textile Group Inc., Dow Chemical Company, BASF S.E., D.K Leather Corporation, Auto Trim Inc., and Lear Corporation, among others.
The key takeaways from the report
The report will provide detailed analysis of Automotive Interior Materials Market with respect to major segments such as material and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be included in the report
An exhaustive regional analysis of Automotive Interior Materials market will be provided in the report
Profile of key players of the Automotive Interior Materials market, will be provided, which include key financials, product & services, new developments, and business strategies
Scope of Automotive Interior Materials Market
Materials Segments
Leather
Thermoplastic Polymers
Fabric
Vinyl
Wood
Application Segments
Heavy Commercial Vehicle
Light Commercial Vehicle
Passenger Vehicle
Geography Segments
North America
US
Canada
Mexico
Europe
U.K.
Italy
France
Germany
Others
Asia-Pacific
China
India
Japan
Others
RoW
South America
Middle East
Africa
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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