Press release
Automotive PVC Artificial Leather Market : From $3.0 Billion in 2023 to $4.3 Billion by 2033
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/A130054
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
By type, the seat leather segment dominated the automotive PVC artificial leather market in 2023. This is due to factors such as UV resistance, longevity, low maintenance requirements, resilience, and high sheen. In addition, the cost-effectiveness of PVC artificial leather makes it a preferred material for seat upholstery in both high-end and low-end vehicles. However, the door panel leatheris expected to grow at an increasing rate in the automotive PVC artificial leather market. This is due to the rising demand for aesthetically pleasing and durable interior materials in vehicles.
By sales channel, the OEM segment dominated the automotive PVC artificial leather market in 2023 as OEMs procure PVC artificial leather for the interior components of vehicles during the manufacturing process. This includes using PVC artificial leather for seats, dashboard covers, door panels, and other interior trim elements. However, the aftermarket segment will be growing at an increasing rate in the automotive PVC artificial leather market. This is because of the following factors such as affordable price of the aftermarket components, customization option available for customizing the aftermarket component and increasing age of the vehicle.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automotive-pvc-artificial-leather-market/purchase-options
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค :
The Asia-Pacific region dominated the automotive PVC artificial leather market in 2023. This is due to the region's substantial automotive manufacturing capabilities, economic growth, and rising living standards, particularly in countries such as China, Japan, and India. However, Europe region will be growing at an increasing rate in the automotive PVC artificial leather market. This is due to the recovery of its automotive industry, stringent regulations aimed at reducing vehicle weight, and a growing trend towards eco-friendly products.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ :
In December 2022, Kyowa Leather Cloth Company Limited, a world-leading manufacturer for synthetic leather materials for automotive interiors launched the Sobagni, a consumer brand featuring fashion and everyday items made from its own synthetic leather material, using Roland DG's LEF2-300 benchtop flatbed UV printer to create a range of colorful designs.
In October 2023, Asahi Kasei Corporation invested in the U.S.-based startup NFW, a producer of non-petroleum-based leather alternatives for car interiors. This strategic partnership enables another major step to support global automotive OEMs in reducing the environmental burden of automobiles.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A130054
In August 2023, Schaffler India Limited acquired the aftersales B2B e-commerce platform Koovers. Koovers is a private limited business with headquarters in Bengaluru that uses a B2B e-commerce platform to provide spare parts solutions to Indian aftermarket workshops. The purchase offers the best possible synergy for Schaeffler's upcoming after-sales operations in India. It will play a significant role in the rapidly expanding and changing aftermarket digital landscape and serve as a major facilitator for the aftermarket ecosystem, including distribution partners.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
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๐๐จ๐ง๐ญ๐๐๐ญ :
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๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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