Press release
Automotive Interior Materials Market to Showcase Healthy Expansion at 5.6% CAGR During 2017-2025
A proficiently crafted new research study titled “Automotive Interior Materials Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)” by Persistence Market Research focuses on various aspects revolving around automotive interior material. Key trends, opportunities, developments, drivers and restraints impacting growth of the global automotive interior material market have been arranged in a systematic manner providing convenience to the reader to gauge the magnitude of impact from each factor. A detailed market segmentation is carried out to present analysis on the entire market across various regions.
Request Report Sample@ https://www.persistencemarketresearch.com/samples/3669
Global Automotive Interior Materials Market: Dynamics
Automotive interior material market growth is influenced by various aspects. Few factors push the growth and few others pose challenges to it. Technological advancements in automotive material, increasing demand for hybrid and electric vehicles, increasing investments offered by a number of private equity firms across the globe, increasing demand for lightweight leather, introduction of aesthetic features in mid-size and compact cars and growing demand for luxury and high performance cars are driving the global automotive interior material market. Also, stringent safety regulations accelerate the market growth as these regulations compel automotive manufacturers to continuously focus on product innovation in order to supply advanced and lightweight products in the market. Trends such as increasing focus on lightweight material, use of smart textiles, high demand for synthetic leather, customization to differentiate product offerings, rising demand for automotive interior leather in passenger cars, rising presence of automotive interior refurbished products, incorporation of green technology and wide range of seat cover design solutions are also supporting the growth of the global automotive interior material market. Challenging aspects such as adverse effect of Brexit and GST (in India), adoption of low cost and inferior substitutes, high tax on chemical products and high import duties pose restraints to the growth of the global automotive interior material market.
Global Automotive Interior Materials Market: Forecast Highlights
The global automotive interior material market is anticipated to show robust growth during the assessment period. The global market was valued at around US$ 94 Bn in 2017 and is estimated to be valued at US$ 145.3 Bn by 2025. This increase in revenue can be attributed towards its high growth rate, as the market is poised to register a CAGR of 5.6% throughout the period of forecast.
Global Automotive Interior Materials Market: Segmental Snapshot
The global automotive interior material market is segmented by vehicle type (passenger cars, HCV, LCV), material type (fabric, genuine leather, synthetic leather, thermoplastic) and region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).
Thermoplastics segment by material type to grow at the highest growth rate during the forecast period to register a CAGR of 6.5% during 2017-2025. This segment can be inferred to as a high potential segment with a significant market share after fabrics segment
Fabrics segment by material type is estimated to be the largest segment in terms of market value as it reflects an estimation of about US$ 76.8 Bn by 2025, growing at a steady 5.4% CAGR throughout the period of forecast
Asia Pacific region is the most lucrative region for automotive interior material. This regions is expected to grow at the highest rate to reflect a CAGR of 6.1% during 2017-2025 period, to reach a high market evaluation by end of 2025. The growth of automotive material market in APAC region can be attributed to the growing automotive production and adoption of thermoplastics and synthetic leather in this region
Passenger cars segment by vehicle type is expected to dominate the global market and also reflect a high growth rate during the period of assessment 2017-2025
Visit For TOC@ https://www.persistencemarketresearch.com/methodology/3669
Global Automotive Interior Materials Market: Competitive Scenario
The global automotive interior material market research study includes analysis on key market players such as Faurecia S.A., Lear Corporation, Johnson Controls International PLC, Seiren Co., Ltd., Yanfeng Automotive Trim Systems Co., Ltd., Toyota Boshoku Corporation, Sage Automotive Interiors, Inc., Benecke-Kaliko AG, GST AutoLeather, Inc., DK Leather Corporation, Grupo-Antolin Irausa, S.A., Mayur Uniquoters Ltd., WOLLSDORF LEDER SCHMIDT & Co. Ges.m.b.H., Adient PLC, TS Tech Co., Ltd., Magna International Inc., Tachi-S Co., Ltd., Aisin Seiki Co., Ltd., Guelph Manufacturing Group and NHK Spring Co., Ltd.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
NY
NY
Request Report Sample@ https://www.persistencemarketresearch.com/samples/3669
Global Automotive Interior Materials Market: Dynamics
Automotive interior material market growth is influenced by various aspects. Few factors push the growth and few others pose challenges to it. Technological advancements in automotive material, increasing demand for hybrid and electric vehicles, increasing investments offered by a number of private equity firms across the globe, increasing demand for lightweight leather, introduction of aesthetic features in mid-size and compact cars and growing demand for luxury and high performance cars are driving the global automotive interior material market. Also, stringent safety regulations accelerate the market growth as these regulations compel automotive manufacturers to continuously focus on product innovation in order to supply advanced and lightweight products in the market. Trends such as increasing focus on lightweight material, use of smart textiles, high demand for synthetic leather, customization to differentiate product offerings, rising demand for automotive interior leather in passenger cars, rising presence of automotive interior refurbished products, incorporation of green technology and wide range of seat cover design solutions are also supporting the growth of the global automotive interior material market. Challenging aspects such as adverse effect of Brexit and GST (in India), adoption of low cost and inferior substitutes, high tax on chemical products and high import duties pose restraints to the growth of the global automotive interior material market.
Global Automotive Interior Materials Market: Forecast Highlights
The global automotive interior material market is anticipated to show robust growth during the assessment period. The global market was valued at around US$ 94 Bn in 2017 and is estimated to be valued at US$ 145.3 Bn by 2025. This increase in revenue can be attributed towards its high growth rate, as the market is poised to register a CAGR of 5.6% throughout the period of forecast.
Global Automotive Interior Materials Market: Segmental Snapshot
The global automotive interior material market is segmented by vehicle type (passenger cars, HCV, LCV), material type (fabric, genuine leather, synthetic leather, thermoplastic) and region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).
Thermoplastics segment by material type to grow at the highest growth rate during the forecast period to register a CAGR of 6.5% during 2017-2025. This segment can be inferred to as a high potential segment with a significant market share after fabrics segment
Fabrics segment by material type is estimated to be the largest segment in terms of market value as it reflects an estimation of about US$ 76.8 Bn by 2025, growing at a steady 5.4% CAGR throughout the period of forecast
Asia Pacific region is the most lucrative region for automotive interior material. This regions is expected to grow at the highest rate to reflect a CAGR of 6.1% during 2017-2025 period, to reach a high market evaluation by end of 2025. The growth of automotive material market in APAC region can be attributed to the growing automotive production and adoption of thermoplastics and synthetic leather in this region
Passenger cars segment by vehicle type is expected to dominate the global market and also reflect a high growth rate during the period of assessment 2017-2025
Visit For TOC@ https://www.persistencemarketresearch.com/methodology/3669
Global Automotive Interior Materials Market: Competitive Scenario
The global automotive interior material market research study includes analysis on key market players such as Faurecia S.A., Lear Corporation, Johnson Controls International PLC, Seiren Co., Ltd., Yanfeng Automotive Trim Systems Co., Ltd., Toyota Boshoku Corporation, Sage Automotive Interiors, Inc., Benecke-Kaliko AG, GST AutoLeather, Inc., DK Leather Corporation, Grupo-Antolin Irausa, S.A., Mayur Uniquoters Ltd., WOLLSDORF LEDER SCHMIDT & Co. Ges.m.b.H., Adient PLC, TS Tech Co., Ltd., Magna International Inc., Tachi-S Co., Ltd., Aisin Seiki Co., Ltd., Guelph Manufacturing Group and NHK Spring Co., Ltd.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
NY
NY
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
