Press release
Automotive Fabric Market Report 2024: Strategies And Recent Developments | Acme Mills Pvt Ltd., Suminoe Textile Co. Ltd., Arvind Limited., Grupo Antolin Irausa SA, Heathcoat Fabrics Limited., Lear Corporation, Martur Automotive Seating Systems
Automotive Fabric Market
The Business Research Company offers in-depth market insights through Automotive Fabric Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The automotive fabric market size has grown steadily in recent years. It will grow from $35.74 billion in 2023 to $37.48 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to interior aesthetics, increased vehicle production, consumer demand for comfort, safety and regulations, customization options.
The automotive fabric market size is expected to see strong growth in the next few years. It will grow to $46.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to electrification of vehicles, connectivity features, minimalistic interior design, sustainability initiatives, advanced safety features, interior ambient lighting. Major trends in the forecast period include smart fabrics., sustainable and recyclable materials, antimicrobial fabrics, textured and patterned fabrics, haptic feedback fabrics, vegan and cruelty-free materials.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7618&type=smp
Market Segmentation:
The automotive fabric market covered in this report is segmented -
1) By Fabric Type: Polyester, Vinyl, Leather, Nylon, Other Fabric Types
2) By Vechile Type: Passenger Vehicles, Commercial Vehicles
3) By Application: Carpets or Floor Covering, Upholstery, Pre-Assembled Interior Components, Tires, Safety-Belts, Airbags, Other Applications
Major Driver - Growing Automobile Demand Boosts Automotive Fabric Market Worldwide
An increase in automobile demand is expected to propel the automotive fabric market going forward. Economies worldwide have been steadily increasing, which has increased the standard of living, further increasing the purchasing power. The advent of the COVID-19 pandemic also resulted in individuals preferring a safer mode of transportation that promoted social distancing and thus boosted the growth of automobiles. The increasing demand for automobiles will increase the demand for automobile fabrics as they offer passengers the maximum comfort, safety, and security during the drive. For instance, according to a report from OICA (International Organization of Motor Vehicle Manufacturers), global passenger car sales increased from 53 million in 2020 to 56 million in 2021. Similarly, commercial vehicle sales increased from 24 million in 2020 to 26 million in 2021. Therefore, the increased demand for passenger and commercial vehicles drives the growth of the automotive fabric market.
Competitive Landscape:
Major companies operating in the automotive fabric market report are Acme Mills Pvt Ltd., Suminoe Textile Co. Ltd., Arvind Limited., Grupo Antolin Irausa SA, Heathcoat Fabrics Limited., Lear Corporation, Martur Automotive Seating Systems, Navbharat Textile Industries Ltd., Seiren Co. Ltd., Sage Automotive Interiors Inc., Toyoda Boshoku Asia Co. Ltd., Aunde Faze Three Autofab Ltd., Haartz Corporation, Tenowo GmbH, Hari Krishna Exports Pvt Ltd., Shandong Exceeding Auto Interior Parts Co. Ltd., Adient plc, Takata Corporation, Faurecia SA, Yanfeng Automotive Trim Systems Co Ltd., Moriden America Inc., Trevira GmbH, Joyson Safety Systems Holdings Limited, Mitchell Group Usa Private Limited., The Prestige Companies Auto Upholstery, Jhanji Textiles Pvt Ltd., Acme Leather LLP, Santoni S. p. A., Classic Soft Trim Inc., Seton Company Inc., Bader GmbH & Co. KG
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/automotive-fabric-global-market-report
Top Trend - Recycled Fabrics Set To Revolutionize Automotive Fabric Market With Improved Functionality And Sustainability
The emergence of recycled fabrics has emerged as a key trend gaining popularity in the automotive fabric market. The recycled fabrics are made from waste material, reprocessed into new fibers and spun into fabric material. The growing environmental concerns about the negative impact of waste incineration, heavy industrial discharges from textile mills, and raw material depletion have transformed the market towards sustainable materials. For instance, in October 2022, Lear Corp., an American company that manufactures automotive seating and automotive electrical systems, unveiled ReNewKnit, a premium and fully recyclable warp knitted fabric with improved functionality. ReNewKnit is a Lear exclusive, first-to-market automotive textile that is fully recyclable at the end of its life.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automotive Fabric Market Characteristics
3. Automotive Fabric Market Trends And Strategies
4. Automotive Fabric Market - Macro Economic Scenario
5. Automotive Fabric Market Size And Growth
…..
27. Automotive Fabric Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Fabric Market Report 2024: Strategies And Recent Developments | Acme Mills Pvt Ltd., Suminoe Textile Co. Ltd., Arvind Limited., Grupo Antolin Irausa SA, Heathcoat Fabrics Limited., Lear Corporation, Martur Automotive Seating Systems here
News-ID: 3414879 • Views: …
More Releases from The Buisness Research Company
Organic Period Care Products Market Anticipated To Witness Robust Growth, Surpas …
We've updated all our reports with current data on tariff changes, trade developments, and supply chain shifts affecting key industries.
What Is the Current Organic Period Care Products Market Size and Its Estimated Growth Rate?
The size of the market for organic period care products has significantly expanded in recent years, and it's projected to escalate from $2.63 billion in 2024 to $2.83 billion in 2025, with a compound annual growth rate…
Porous Ceramics Market 2024: Trends, Industry Insights, and Growth Drivers
The Business Research Company recently released a comprehensive report on the Global Porous Ceramics Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
AI in Automotive & Transportation Market 2024: Key Trends and Growth Outlook
The Business Research Company recently released a comprehensive report on the Global AI In Automotive And Transportation Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The …
Anosmia Global Market 2024 Strategic Outlook Emerging Trends and Market Forecast
The new report published by The Business Research Company, titled Anosmia Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the anosmia market size has grown strongly in recent years. It will grow from $3.24 billion in 2023 to $3.55…
More Releases for Auto
Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating.
What Auto Leads Is
Auto Leads focuses on digital marketing solutions for auto detailing businesses,…
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png
Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs.
A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can address…
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients.
Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon of…
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King …
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…
