Global Automotive Interior Materials Market: Material developments in car interior and engine compartment to boost industry | Key Players: Sage Automotive Interiors, Lear Corporation, Katzkin Leather, Johnson Controls, Faurecia Automotive,

Overview:
Automotive interior materials are used in manufacturing interior components of a car such as roofing, wheels, leather, steering, matting, airbags, seatbelts, and flooring. The global automotive interior materials market is expected to grow at a high rate due to the increasing demand for comfortable interiors in automobiles.

Drivers:
Increasing demand for low-emission materials, stringent fuel economy standards, technological advances in the procedures of manufacturing, and growing demand for vehicles due to disposable income growth in emerging economies are the major factors driving the growth of the global automotive interior materials market. For instance, according to the International Energy Agency (IEA), the ownership of passenger cars in India will grow by 775% in the next two decades, and among every 1000 people, there will be 175 cars by the year 2040.

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Restraints:
The escalating cost of genuine leather and rising regulations over the usage of synthetic leather are the factors restraining the growth of the global automotive interior materials market.

The Coronavirus Epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situations. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report. The report will account for COVID 19 as a key market contributor.

Regional Insights:
The Asia Pacific dominates the global automotive interior materials market due to the presence of manufacturing hubs such as China, South Korea, Japan, and India in the region. This increases the demand for automotive interior materials in the region. Moreover, increasing penetration of automobiles in the major countries of the region is also propelling market growth. For instance, according to the Chinese Ministry of Public Security, China owned about 250 million cars by the end of June 2019.

Competitive Section:
Key players of the global automotive interior materials market are Sage Automotive Interiors, Lear Corporation, Katzkin Leather, Johnson Controls, Faurecia Automotive, Eage Ottawa, DK-Schweizer, Dow Chemical, Borgers, Benecke-Kaliko, and BASF.

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Key Findings:
• In June 2020, BASF’s Haptex launched NIO’s car seat cover that is safer and more comfortable.
• In October 2020, Sage Automotive Interiors took over Adient’s Automotive Fabric Business.

Automotive Interior Materials Market Report Covers Following Questions:
• What are the weaknesses and strengths of the key vendors?
• What are the key outcomes of the five forces analysis of the Global  Automotive Interior Materials market?
• What are the various threats and opportunities faced by the dealers in the Global  Automotive Interior Materials market?
• Who are the Leading key players and what are their key business strategies in the Global  Automotive Interior Materials market?

Global Automotive Interior Materials Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Automotive Interior Materials Market by Type
4 Major Companies List
4.1 Sage Automotive Interiors (Company Profile, Sales Data etc.)
4.1.1 Sage Automotive Interiors Profile
Table Sage Automotive Interiors Overview List
4.1.2 Sage Automotive Interiors Products & Services
4.1.3 Sage Automotive Interiors Business Operation Conditions
Table Business Operation of Sage Automotive Interiors (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion

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