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Pre & Post COVID-19 Impact Analysis on Automotive Interior Materials Market 2020 || Major Players are Toyota Boshoku Corporation, Toyoda Gosei Co., Ltd., Adient and Lear Corporation, Lear Corporation, Faurecia S.A and Toyota Boshoku Corporation
Automotive Interior Materials Market
Asia-Pacific Automotive Interior Materials Market is expected to reach USD 67,609.46 million by 2024 from USD 25,099.05 million in 2016, at a CAGR of 13.3% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The major factors driving the growth of this market are technological advancement in automotive interior materials. The automotive interior materials market in the Asia-Pacific region is leading in China.
Asia-Pacific Automotive Interior Materials Market By Type (Thermoplastic Polymers, Fabric, Leather, Plastics, Metals, Composites, Others), By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Others), By Application (Seating, Dashboards, Airbag & Seat Belt, Door Panel, Carpet & Headliner, Interior Trim, Others), By Countries (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Singapore, Indonesia, Philippines and Rest of APAC)- Industry Trends and Forecast to 2024
Key Drivers: North America Automotive Interior Materials Market
North America is the growing market for automotive interior materials. The growth in this market is due to enhanced efficiency of a vehicle by reducing the weight of the interiors.
Key Points: North America Automotive Interior Materials Market
Adient is going to dominate the North America automotive interior materials market following with Lear Corporation, Faurecia S.A and Toyota Boshoku Corporation
Leather market is expected to dominate the North America automotive interior materials market.
The automotive interior materials market in the North America region is leading in U.S.
Market Segmentation: Asia-Pacific Automotive Interior Materials Market
The Asia-Pacific automotive interior materials market is segmented on the basis of type, vehicle type, application and geography. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.
On the basis of type, the Asia-Pacific automotive interior materials market is segmented into leather, thermoplastic polymers, fabric, plastic, metal, composite and others. The automotive interior materials are dominated by leather with 30.4% market share in 2017, growing at the highest CAGR of 14.8% in the forecast period. Leather is further segmented into two types which includes synthetic and genuine. Synthetic is further sub segmented into polyurethane and poly-vinyl-chloride. Thermoplastic polymers is further segmented into polystyrene (PS), poly-vinyl-chloride (PVC), polyethylene (PE) and others. Fabric is further segmented into tweed, body cloth fabric, velvet and velour. Plastic is further sub-segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), polycarbonate (PC) and others. Metal is further sub-segmented into steel, aluminium and others. Composite is further sub segmented into carbon fiber reinforced polymer (CFRP), fibre-reinforced plastic (FRP) and others.
On the basis of vehicle type, the Asia-Pacific automotive interior materials market is segmented into passenger vehicles light commercial vehicles, heavy commercial vehicles and others. In 2017, the passenger vehicles segment is expected to dominate the market with 73.9% market share.
By application, the Asia-Pacific automotive interior materials market is segmented into seating, dashboards, airbag & seat belt, door panel, carpet & headliner, interior trim and others. . In 2017, the seating is expected to dominate the market with 29.6% market share and is expected to grow at the highest CAGR of 14.5% in the forecast period.
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Key Drivers: Asia-Pacific Automotive Interior Materials Market
Asia-Pacific Automotive interior materials market is growing with technological advancement in automotive interior materials.
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Key Points: Asia-Pacific Automotive Interior Materials Market
Toyota Boshoku Corporation is going to dominate the Asia-Pacific Automotive interior materials market following with Toyoda Gosei Co., Ltd., Adient and Lear Corporation
Leather is expected to dominate the Asia-Pacific automotive interior materials market.
The automotive interior materials market in the Asia-Pacific region is leading in Japan, China, India and South Korea. China accounts for the highest market share in this region.
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