Report Description

This market research study analyzes the automotive interior materials market on global basis and provides estimates in terms of revenue (USD Billion) from 2014 to 2023. It describes the market dynamics affecting the industry and analyzes their impact through the forecast period. Moreover, it highlights the opportunities for market growth in the next eight years.

Automotive interior materials include fabrics, vinyls, thermoplastic polymers and different forms of leather. Manufacturers are concentrating on efforts to produce light in weight and efficient automotive interior materials to reduce weight of vehicles and improve the fuel efficiency. In addition, new and improved, attractive automotive interior materials are redefining the consumers’ preference and helping manufacturers in differentiating their materials from other brands. Increasing private equity investments in automotive interior material manufacturing companies coupled with application of green technology in automotive leather materials and advent of new segment of vehicles such as hybrid and electric vehicles are driving the overall market.

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Scope

In Europe, Germany and U.K. are the largest regional markets for automotive interior materials. In Asia Pacific, Japan, China and India are the largest contributors to the automotive interior materials market. In North America, the U.S. has been showing steady growth over the years and is one of the dominant automotive interior materials markets in the world. In Rest of the World (RoW), South Africa is showing substantial growth and is expected to be a key market in the coming years.

Key Players

Key participants in the industry include Faurecia SA (France), Johnson Controls, Inc. (U.S.), Grammer AG (Germany), Lear Corporation (U.S.) and BASF SE (Germany) among others.

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