Automotive Interiors Material Market 2018 Expected CAGR of 13.6% by 2026| Key Players - Borgers Se & Co. KGaA, Celanese Corporation, DK Leather Corporation Berhad, Eagle Ottawa, Faurecia S.A
Market Overview:According to Market Prognosis, 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.
By 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 favouring plastic segment to grow substantially.
North America is projected to register substantial market revenue due to presence of large number of passenger vehicles, higher adoption of innovative products are favouring 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.
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Top Industry Players:
Some of the key players in Automotive Interiors Material market include Borgers Se & Co. KGaA, Celanese Corporation, DK Leather Corporation Berhad, Eagle Ottawa, LLC, Faurecia S.A, Grammer AG, Grupo Antolin-Irausa, S.A, Guilford Performance Textiles, Inc., International Textile Group Inc., Johnson Controls, Inc, Lear Corporation, Minda Industries Limited, NTF (India) Private Limited, Sabic, Sage Automotive Interiors Inc, Toyoda Gosei Co., Ltd, Toyota Boshoku Corporation, and Zschimmer & Schwarz Holding GmbH & Co Kg.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments:
Material Types Covered:
• Synthetic Leather
• Composite
• Plastic
• Metals
• Fabric
• Other Material Types
Vehicle Types Covered:
• Heavy Commercial Vehicles
• Light Commercial Vehicles
• Passenger Vehicles
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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
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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