Automotive Interior Materials Market Size Worth $132.82 Billion By 2026 | Industry Players - Fauracia SA, Lear Corporation, Toyota Boshoku Corporatio, Borgers SE & Co, DK Leather Corporation Berhad And Others.
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Automotive interior materials are directly related with the vehicle manufacturing status. Thus, the market’s directions are meticulously reliant on production and demand of vehicles. Moreover, the automotive interior materials market is also governed by government regulations and rules, exclusively for the genuine leather industry; availability and pricing of automotive interior materials. Rise in disposable income has also led towards the rise in demand for vehicle in emerging countries such as Brazil, China and India are supporting the demand for automotive interior materials.
Intramural substitution for several materials is expected to take place in the automotive interior materials market. For example, synthetic PU, fabrics or PVC leather are generally used as a substitute for genuine leather material. Increasing emphasis on interior compartments of a vehicle and taken on priority by OEMs as well as customers.
On the basis of regions, the automotive interior material is segmented into North America, Asia Pacific, Europe and Middle East & Africa. Asia Pacific being the largest manufacturer of automotive vehicle special passenger cars, is expected to hold the lion’s share of the automotive interior materials market. Rising disposable income among the population of Asia Pacific is further going to raise the demand for premium materials such as composites, alloys and genuine leather.
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Europe is the next largest share hold in the automotive interior material market. Amongst Europe, Western Europe is expected to hold the prime share in the market. North America with its slow growth rate in vehicle production is expected to show a neutral growth rate in the automotive interior material market.
Some of leading industry participants include Fauracia SA, Lear Corporation, Toyota Boshoku Corporatio, Borgers SE & Co, DK Leather Corporation Berhad, Johnson Controls, Grupo Antolin, Takata Corporation, Yanfeng Automotive Interiors, Magna International, Hyundai Mobis Co and Calsonic Kensei Corporation among others.
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Automotive interior material Market Size and Forecast by Material Type
• Key Findings
• Thermoplastic Polymers
• Synthetic Leather
Automotive interior material Market Size and Forecast by Application
• Key Findings
• Seat Belts
• Interior Trim
• Door Panel
Automotive interior material Market Size and Forecast by Vehicle Type
• Key Findings
• Passenger Cars
• Light Commercial Vehicle (LCV)
• Medium & Heavy Commercial Vehicle (M&HCV)
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