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Automotive Production Surge And The Acceleration Of The Automotive Textiles Market: An Emerging Driver Transforming The Automotive Textiles Market Landscape
Automotive Textiles
What Is the Projected Growth of the Automotive Textiles Market?
The Automotive Textiles Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Automotive Textiles Market?
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What Are the Different Automotive Textiles Market Segments?
The automotive textiles market covered in this report is segmented -
1) By Textile Type: Leather, Polyester, Nylon, Vinyl, Polyvinyl Chloride (PVC), Other Types
2) By Product Type: Woven, Non-Woven, Composites
3) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
Subsegments:
1) By Leather: Genuine Leather, Synthetic Leather
2) By Polyester: Woven Polyester, Non-Woven Polyester
3) By Nylon: Nylon 6, Nylon 66
4) By Vinyl: Rigid Vinyl, Flexible Vinyl
5) By Polyvinyl Chloride (PVC): Soft PVC, Rigid PVC
6) By Other Types: Cotton, Wool, Composite Textiles
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What Are the Primary Drivers Shaping the Automotive Textiles Market?
The anticipated increase in the manufacturing of automobiles is projected to stimulate the growth of the automotive textiles market. The automotive industry, which involves the creation, design, production, and upkeep of various types of vehicles such as cars, trucks, motorcycles, among others, relies heavily on automotive textiles for improved safety, comfort, aesthetics, and functionality, thus enhancing the driving experience and propelling the sector's expansion. This upsurge in automobile production opens new avenues for the automotive textile industry to grow and innovate, in order to meet the ever-changing demands of the automotive field. For instance, the European Automobile Manufacturers Association (ACEA), based in Germany, reported that in May 2023, there was a 5.7% increase in worldwide automotive production compared to 2021, hitting a total of 85.4 million vehicles in 2022. As a result, the swelling production of automobiles is anticipated to fuel the advancement of the automotive textiles market in the future.
Which Companies Are Leading in the Automotive Textiles Market?
Major companies operating in the automotive textiles market include Reliance Industries Limited, Continental AG, Johnson Controls, Lear Corporation, Asahi Kasei Corporation, Adient plc, DuPont de Nemours Inc., Toyota Boshoku Corporation, Autoliv Inc., Autoneum Holding AG, Borgers SE & Co. KGaA, Sage Automotive Interiors Inc., Global Safety Textiles GmbH, Shawmut Corporation, Bally Ribbon Mills, Ductmate Industires Inc., Arville Textiles Limited, Baltex Ltd., CMI Enterprises Inc., Jelliff Corp, Fabri-Tech Components Inc., Eleather Group, Adler Pelzer Group, Autotech Nonwovens Pvt. Ltd., Aunde S.A.
What Are the Major Trends Shaping the Automotive Textiles Market?
The automotive textiles market is seeing a surge in product innovations, a trend driven by leading companies striving to meet specific needs and maintain market dominance. One example is the Japan-based Sumitomo Chemical Co. Ltd and US-based Newlight Technologies Inc. which in May 2022, began collaborating on the development of polypropylene (PP) compounds for automotive and textile use with AirCarbon, a carbon-negative biomaterial produced by methane microorganisms. In this joint venture, Newlight Technologies is tasked with developing new AirCarbon grades for the automotive and textile sectors.
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What Are the Top Revenue-Generating Geographies in the Automotive Textiles Market?
Asia-Pacific was the largest region in the automotive textiles market in 2024. The regions covered in the automotive textiles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Textiles Market?
2. What is the CAGR expected in the Automotive Textiles Market?
3. What Are the Key Innovations Transforming the Automotive Textiles Industry?
4. Which Region Is Leading the Automotive Textiles Market?
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