Press release
Global Automotive Interior Materials Market Is Majorly Driven By surge in demand for electric vehicles globally
Variant Market Research
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The factors supporting the growth of the global automotive interior materials market are technical upgradation, increasing sale of mid-sized cars, and growing preferences of electric vehicles. Furthermore, increasing demand for customization to differentiate their offerings fuel the growth of the market. However, high cost of raw materials such as leather, and government rules & regulations on the usage of leathers may restrain the growth of the market. Additionally, introduction of nano technology and green technology in the materials used would provide several growth opportunities in the future years.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/automotive/automotive-interior-materials-market/toc
The global automotive interior materials market has been bifurcated into material, application, and geography. Material type segment is categorized into leather, thermoplastic polymers, fabric, wood and vinyl. Thermoplastic polymers accounted for the largest market share in 2016, driven by its ability to mold into components of complex geometrics, replacing several parts and offer integral fitments leading to easier assembly. By application, the market is further classified into light commercial vehicle, heavy commercial vehicle, and passenger vehicle. Passenger vehicles held the highest market share in the application segment.
Geographically, the automotive interior materials market has been categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia-Pacific is the fastest growing region in the global automotive interior materials market, and is expected to continue this trend during the forecast period, owing to rapid economic growth, improving consumer lifestyle, growing population, rising disposable income, and popularity for small & medium-sized luxury cars. Europe held for the major share of the market followed by North America in the year 2016.
The major key players operating in the automotive interior materials market are Toyota Boshoku Corporation, The Haartz Corporation, Sage Automotive Interiors Inc., Johnson Controls Inc., Faurecia S.A., GST AutoLeather Inc., Dow Chemical Company, International Textile Group Inc., BASF S.E., D.K Leather Corporation, Lear Corporation, and Auto Trim Inc., among others.
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Scope of Automotive Interior Materials Market
Materials Segments
• Leather
• Thermoplastic Polymers
• Fabric
• Vinyl
• Wood
Application Segments
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Passenger Vehicle
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Italy
o France
o Germany
o Others
• Asia-Pacific
o China
o India
o Japan
o Others
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant- market-research
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VARIANT MARKET RESEARCH LLP
Web: https://www.variantmarketresearch.com/
Address:
649 Mission St., 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
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