COVID-19 UPDATE : Automotive Interior Materials Market to Witness High Demand Due to Rising Popularity of Lightweight Materials | Major Players are Faurecia, Magna International, Grupo Antolin, Adient, Lear Corporation, DRXLMAIER Group

Data Bridge Market Research has recently added a concise research on the Automotive Interior Materials Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value, technological development, new product launches and Industry competitive structure is elaborated. As per study key players of this market are Faurecia, Magna International, Grupo Antolin, Adient, Lear Corporation, DRXLMAIER Group

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

Scope of Automotive Interior Materials Market

Automotive interior materials market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.

All country based analysis of the automotive interior materials market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into thermoplastic polymers, fabric, leather, plastics, metals, composites and others. Based on vehicle type, the market is segmented into passenger vehicles, light commercial vehicles, heavy commercial vehicles and others. The application segment of the market is divided into seating, dashboards, airbag & seat belt, door panel, carpet & headliner, interior trim and others.
Automotive interior materials are those materials which are used for the manufacturing of automotive interior components such as airbags, steering wheels, roofing & flooring, and others. Some of the common automotive interior material includes fabric, leather, metal, composites, plastics, and others. The main aim of these interior materials is to provide comfort and customization to the vehicles.

Market Segmentation:� 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:� Automotive Interior Materials Market

Asia-Pacific Automotive interior materials market is growing with technological advancement in automotive interior materials.

Table of Contents-Snapshot
- Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source

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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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This release was published on openPR.