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The demand for composites and plastics in the automotive industry is relatively high, owing to the metal replacement trend. Higher utilization of new, environment-friendly materials is expected in the near future, due to the presence of stringent regulations regarding emissions.
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Automotive Interior Materials Market Global Opportunity Analysis and Industry Forecast, 2014-2022
AUTOMOTIVE INTERIOR MATERIALS MARKET Global Automotive Interior Materials Market was valued at $77,553 million in 2015, and is expected to reach $124,469 million by 2022, registering a CAGR of 6.9% from 2016 to 2022. Automotive interior materials are resources that are utilized inside the cabin of an automotive, such as plastics, metals, and composites. As the operational properties of automotive reach acceptable levels of performance, consumers demand improved ergonomic and appealing features of the interior design. The cabin section of a vehicle is critical to vehicle weight, making lightweight interior materials imperative to conserving emission levels. Superior attributes and functions of cabin components have led to significant increase in number of vehicle interior components. The global automotive interior materials market is driven by high demand for low-emission materials, especially from emerging countries, and stringent fuel economy standards. However, increase in cost of genuine leather due to demand-supply gap and regulations concerning synthetic leather are expected to hamper the market growth in the future. Technological developments in production processes of automotive materials are expected to lead to lower cost of production and superior sustainability, leading to improvement in performance efficiency. Automotive interior materials provide an aesthetic look, sustainability, and better reliability, leading to superior design of automotive cabins over time. Innovative automotive designs and rapid growth in the global economy present numerous opportunities to market players for growth.
AUTOMOTIVE INTERIOR MATERIALS MARKET The report segments the global automotive interior materials market based on type, vehicle, and geography. The type segment is classified into plastics, metals, fabrics, leather, composites, and others. Plastics are further segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), polycarbonate (PC), and others, whereas metals include steel, aluminum, and others. Genuine and synthetic leather constitute the leather segment. Composites are bifurcated into glass fiber reinforced plastic (GFRP) and carbon fiber reinforced plastic (CFRP), while glass, wood, and rubber are some of the other materials utilized. Based on vehicle type, the market is divided into passenger, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Download Free Sample Report
AUTOMOTIVE INTERIOR MATERIALS MARKET • Key Benefits for Stakeholders • This report provides an extensive analysis of the current trends and emerging estimations & dynamics in the automotive interior materials market. • In-depth analysis of the market size is conducted, and estimations for key segments between 2014 and 2022 are provided. • Competitive intelligence (of leading manufacturers and distributors) facilitates to understand the competitive scenario across the geographies. • Factors that drive and restrain the growth of the market are provided in the report. • Industry analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. • Market share for all segments with respect to each geography is detailed, which assists in understanding the trends in the industry at the micro-level. • Key market players are profiled and their strategies are analyzed thoroughly, which provides a competitive outlook of the industry trends.
AUTOMOTIVE INTERIOR MATERIALS MARKET Automotive Interior Materials Market Key Segments • By Vehicle • Passenger • LCV • LCV By Type • Plastics • Metals • Fabrics • Leather • Composites • Others
AUTOMOTIVE INTERIOR MATERIALS MARKET • By Geography • North America • Europe • Asia-Pacific • LAMEA Do Purchase Report
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