Automotive Interior Materials Market to Witness Huge Growth by Key Players: Lear Corporation, Asahi Kasei Corporation, Faurecia, DRAXLMAIER Group, Grupo Antolin

Global Automotive Interior Materials Market 2022-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The automotive interior materials market is projected to reach USD 54.8 billion by 2026, at a CAGR of 2.6% from USD 48.1 billion in 2021.

The report provides a comprehensive analysis of company profiles listed below:
• Lear Corporation (US)
• Asahi Kasei Corporation (Japan)
• Toyota Boshoku Corporation (Japan)
• Faurecia (France)
• Toyoda Gosei Co. Ltd. (Japan)
• Grupo Antolin (Spain)
• Yanfeng Automotive Interiors (YFAI) (China)
• Seiren Co. Ltd. (Japan)
• DK Leather Corporation Berhad (Malaysia)
• DRAXLMAIER Group (Germany)

"The polymer is the largest type of automotive interior materials for automotive interior materials market in 2020"
Polymers used in the automotive interior is generally thermoplastics which are multiphase compositions in which one phase consists of a material that is hard at room temperature and fluid when heated, and the other phase consists of an elastomeric material that is soft and rubberlike at room temperature. They are plastic materials that soften on heating to form a perfect mold. On cooling, they set to a new form with a smooth yet hard finish. Thermoplastic polymers are used for various interior and exterior components in the automotive industry.

"Passenger vehicles is estimated to be the largest vehicle type of automotive interior materials market between 2021 and 2026."
Passenger vehicles consist of all the vehicles which are used for the transportation of passengers. Personal cars, wagons, hatchbacks, sedans, SUV, MUV, estate cars, vans, pickups, and other personal-use vehicles are considered under this segment. These vehicles can carry one to eight people depending on their type. The technologies used in this type of vehicle are frequently changing due to the high demand from consumers for luxurious and convenience features.

"Door Panel is estimated to be the largest application of automotive interior materials market in 2020."
Automobile doors panels are components that help mitigate the impact of side collisions and increase the overall safety of the occupant. The interior door panel is made of various materials, and the finish depends on the rest of the vehicle interiors, which include the dashboard and carpets, among others. Door panels vary from simple plastic to hand-stitched leather finish, depending on the vehicle type and segment. Along with providing an aesthetic appeal, the door panel is also designed to improve the functionality and ergonomics of the vehicle.

"Asia Pacific is expected to be the largest automotive interior materials market during the forecast period, in terms of value."
Asia Pacific is the largest automotive interior materials market owing to rapid economic growth in the region. These factors play an important role in driving the automotive interior materials market. The developed countries of Asia Pacific house the key global automakers. This region not only serves as a manufacturing hub but also has key R&D facilities. The automotive industry in developing countries of Asia Pacific is expected to grow because of the improving economic conditions as well as the booming manufacturing sector.

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Competitive Landscape of Automotive Interior Materials Market:
1 Introduction
2 Key Players' Strategies
3 Market Share Analysis
3.1 Ranking Of Key Market Players, 2020
3.2 Market Share Of Key Players
3.2.1 Lear Corporation
3.2.2 Asahi Kasei Corporation
3.2.3 Toyota Boshoku Corporation
3.2.4 Faurecia
3.2.5 Toyoda Gosei Co., Ltd.
3.3 Revenue Analysis Of Top Five Players
4 Company Product Footprint Analysis
5 Company Evaluation Matrix (Tier 1)
5.1 Terminology/Nomenclature
5.1.1 Stars
5.1.2 Emerging Leaders
6 Startup/Sme Evaluation Matrix
6.1 Responsive Companies
6.2 Dynamic Companies
6.3 Starting Blocks
7 Competitive Situations And Trends
7.1 Product Launches
7.2 Deals
7.3 Other Developments

Research Coverage:
This report segments the market for automotive interior materials on the basis of type, vehicle type, application, and region, and provides estimations for the overall value and volume of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for automotive interior materials.

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This release was published on openPR.