Press release
United States Automotive Interior Materials Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Automotive Interior Materials Market
The global automotive interior materials market reached US$ 53,686.64 million in 2023, with a rise to US$ 55,934.71 million in 2024, and is expected to reach US$84,632.74 million by 2033, growing at a CAGR of 4.76% during the forecast period 2025-2033.
Key Development:
United States
✅ In June 2025, Lucid Motors launched the Minerals for National Automotive Competitiveness Collaboration (MINAC), partnering with critical minerals producers to strengthen the U.S.-based automotive supply chain.
✅ In May 2025, Hyundai Motor Group announced plans to build a new manufacturing facility in Georgia, U.S., focusing on advanced automotive interior materials for electric vehicles.
Japan
✅ In August 2025, Toyota Boshoku Corporation introduced a new line of sustainable automotive interior materials, incorporating bio-based fibers and recycled plastics, aiming to reduce environmental impact.
✅ In July 2025, Honda Motor Co. unveiled an innovative dashboard design using lightweight composite materials, enhancing both aesthetics and fuel efficiency.
✅ In June 2025, Nissan Motor Co. partnered with local suppliers to develop eco-friendly upholstery materials, aligning with Japan's Green Growth Strategy.
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Recent Mergers and Acquisitions :
United States: Recent M&A in Automotive Interior Materials
✅ In July 2025, Angstrom Automotive Group Inc. acquired KSR International, strengthening its position in the automotive interior materials market by expanding product offerings and technological capabilities.
✅ In July 2025, Adkev Inc. acquired Winzeler Gear Inc., enhancing its capabilities in producing precision components for automotive interiors, particularly in gear systems and related parts.
✅ In May 2025, Thyssenkrupp announced plans to restructure by separating its Automotive Technology and Materials Services divisions into independent units, aiming to unlock value and facilitate targeted growth in automotive interior materials.
Japan: Recent M&A in Automotive Interior Materials
✅ In May 2025, Samvardhana Motherson, an Indian automotive components company, acquired the Japanese company PKC Group, expanding its presence in the Japanese market and enhancing capabilities in producing automotive interior components.
Key Players:
=> Lear Corporation, Asahi Kasei Corporation, Toyota Boshoku Corporation, Forvia, Toyoda Gosei Co., Ltd., Grupo Antolín-Irausa, S.A.U., Yanfeng Automotive Interiors, SEIREN Co., Ltd., DK Leather Seats Sdn. Bhd., and DRÄXLMAIER Groupamong others.
Growth Forecast Projected:
The Global Automotive interior materials Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Automotive interior materials Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Material: Plastic Thermoplastic, Thermosetting, Leather, Synthetic, Natural
➥ By Composites: Carbon Fiber Composite, Glass Fiber Composite, Natural Fiber Composite, Fabrics, Metal, Others
➥ By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Others
➥ By Application: Dashboard, Seats, Carpets & Headliners, Airbags & Seatbelts, Door Panel & Trims, Steering Wheels, Others
Regional Analysis for Automotive interior materials Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Automotive interior materials producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Automotive interior materials revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Automotive interior materials Market?
A: In 2024, the Automotive interior materials Market was valued at US$ 55,934.71 million, reflecting its strong industry presence.
Q2: How large is the Automotive interior materials Market expected to be by 2033?
A: By 2033, industry forecasts suggest the Automotive interior materials Market will grow to around US$84,632.74 million, demonstrating significant expansion.
Q3: What is the growth rate of the Automotive interior materials Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.76% during the forecast period from 2025 to 2033.
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