Press release
Automotive Interior Materials Market to Cross US$192.1 billion Revenues between 2019 and 2029
Automotive Interior Materials Market 2022The global automotive interior material market is projected to be worth around US$98.9 billion in 2018. It is anticipated to grow at a rate of around 6% in the forecast period of 2019-2029, and reach US$192.1 billion by the end of 2029. This growth is primarily fuelled by the increasing demand for luxury and comfort in vehicles. Some of the key players in this market include BASF SE, Covestro AG, Huntsman Corporation, Koninklijke TenCate NV, and Mitsubishi
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With consumers putting an emphasis on both endurance and beauty, the car industry is on a fashionable trend. Additionally, people favour simple elegance. Polymers are typically utilised to emphasise interior features like dashboards, door panels, centre consoles, and similar items. Additionally, with the demand for passenger vehicles growing exponentially in both North America and Asia-Pacific, the automotive interior materials market is anticipated to experience phenomenal growth between 2021 and 2031. These facts are covered in Persistence Market Research's study, "Automotive Interior Materials Market."
Key Companies-
• Faurecia S.A.
• Lear Corporation
• Seiren Co., Ltd.
• Yanfeng Automotive Trim Systems
• Toyota Boshoku Corporation
• Sage Automotive Interiors, Inc.
• Benecke-Kaliko AG
• GST AutoLeather, Inc.
• DK Leather Corporation
• Group-Antolin Irausa, SA
• Mayur Uniquoters Ltd.
• WOLLSDORF LEDER SCHMIDT & Co. G
• Suitable for PLC
• TS Tech Co., Ltd.
• Magna International Inc.
• Tachi-S Co., Ltd.
• Aisin Seiki Co., Ltd.
• Guelph Manufacturing Group
• NHK Spring Co., Ltd.
Complete Report Details@https://www.persistencemarketresearch.com/market-research/automotive-interior-materials-market.asp
The Premium Trend
With technological upgradations with regards to designing and processing techniques and blended polymers, the modern-day plastic interiors are there to give a "premium" feel. It is a known fact that leather, though most durable, is the costliest one and also its trimming and stitching takes much longer (especially as compared to fabric).
As such, artificial (synthetic) leather is used by the automobiles due to cost-efficiency. Amongst the fabrics, wool is preferred due to its versatility (ability of being dyed as well as woven into texture of any sort). Persistence Market Research has made sure to add these premium bits of information in its report mentioned above.
Incorporation of Nanomaterials and antimicrobials
It's interesting to learn that the automotive industry is into incorporation of nanotechnology at different stages for developing interior materials with weight reduction as well as enhanced fuel efficiency. Nanomaterials could, thus, be used in boot carpets, safety belts, seat paddings and coverings, interior panels for pillars and doors, cabin roof, airbags, trimmings, and tire cords.
Textiles having antimicrobial properties are expected to witness an increased demand in the entire automotive industry as they, apart from elimination of unpleasant odors, help in ascertaining hygiene of the car's interior.
It needs to be noted that nanotechnology-based passive approach does use silver (Ag) nanoparticles for being effective against a plethora of bacteria on getting added to textile's surface. These factors are explained in detail by Persistence Market Research.
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Key Questions Answered in This Report.
• What are the Roadblocks for Automotive Interior Materials Suppliers?
• What are the Key Opportunities for Automotive Interior Materials Manufacturers?
• How is Focus on Safety Influencing Automotive Interior Materials Demand?
• What is the Regulatory Impact on Global Sales of Automotive Interior Materials?
• Which Region Offers the Largest Opportunity for Sales of Automotive Interior Materials?
• Where Does the U.S. Stand in the Market for Automotive Interior Materials?
• What Is the Outlook for Automotive Interior Materials Manufacturers in China?
• Why is Germany a Lucrative Market for Automotive Interior Materials Manufacturers?
• Why Will Belgium Outpace Other European Markets for Automotive Interior Materials?
• Why is There High Demand for Tires in Automotive Interior Materials?
• Why are Sales of Automotive Interior Materials Surging?
Request you to Read More-
Train Seat Materials Market - https://www.persistencemarketresearch.com/market-research/train-seat-materials-market.asp
Lightweight Automotive Materials Market - https://www.persistencemarketresearch.com/market-research/lightweight-automotive-materials-market.asp
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