Press release
Automotive Interiors Material Market Projected to Reach $183.78 Billion at 13.6% CAGR Till 2026 | Global Key Players - Borgers Se & Co. KGaA, Celanese, DK Leather, Eagle Ottawa, Faurecia S.A, Guilford Performance Textiles, Johnson Controls, Lear
Automotive Interiors Material Market
Overview of the Global Automotive Interiors Material Market:
The Global Automotive Interiors Material market is accounted for $58.47 Billion in 2017 and is expected to reach $183.78 Billion by 2026 growing at a CAGR of 13.6%. Increasing vehicle population, growing consumer spending levels & changing life style habits, and advancements in technologies are some of the major factors propelling the market growth. In addition, growing demand for lightweight materials is another factor assisting the market growth. On the other hand, recyclability issues, stringent regulations are the restraints limiting the market growth.
On the basis of Application, Dashboard segment is leading the market with largest market revenue. Advancements in vehicle dashboards and growth in manufacturing of dashboards is propelling the market growth. Plastics are most prominent material type among others. Advancements in technologies and booming demand for beautification for vehicles in emerging economies is favoring plastic segment to grow substantially.
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Regionally, North America is projected to register substantial market revenue due to presence of large number of passenger vehicles, higher adoption of innovative products are favoring the North America region growth. Rapid growths in vehicle population, growing consumer spending levels are driving the Asia Pacific market to register higher growth rate during the forecast period.
Major Key Players:
1 Borgers Se & Co. KGaA
2 Celanese Corporation
3 DK Leather Corporation
4 Eagle Ottawa, LLC
5 Faurecia S.A.
6 Grammer AG
7 Grupo Antolin-Irausa, S.A
8 Guilford Performance Textiles, Inc.
9 International Textile Group Inc.
10 Johnson Controls, Inc.
11 Lear Corporation and More……………
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Market Segment by Material Types:
1 Synthetic Leather
2 Composite
3 Plastic
4 Metals
5 Fabric and Other Material Types
Market Segment by Vehicle Types:
1 Heavy Commercial Vehicles
2 Light Commercial Vehicles
3 Passenger Vehicles
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2026?
3 What are the technologies & innovation trends, how will they evolve by 2026?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Interiors Material Market.
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We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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