Press release
Global Automotive Interior Materials Market Expected to Account US$ 145.3 Bn by 2025
Global Automotive Interior Materials Market: Dynamics
Automotive interior material market growth is influenced by various aspects. Few factors push the growth and few others pose challenges to it. Technological advancements in automotive material, increasing demand for hybrid and electric vehicles, increasing investments offered by a number of private equity firms across the globe, increasing demand for lightweight leather, introduction of aesthetic features in mid-size and compact cars and growing demand for luxury and high performance cars are driving the global automotive interior material market. Also, stringent safety regulations accelerate the market growth as these regulations compel automotive manufacturers to continuously focus on product innovation in order to supply advanced and lightweight products in the market.
Request Sample Report@ sample link https://www.persistencemarketresearch.com/samples/3669
Trends such as increasing focus on lightweight material, use of smart textiles, high demand for synthetic leather, customization to differentiate product offerings, rising demand for automotive interior leather in passenger cars, rising presence of automotive interior refurbished products, incorporation of green technology and wide range of seat cover design solutions are also supporting the growth of the global automotive interior material market. Challenging aspects such as adverse effect of Brexit and GST (in India), adoption of low cost and inferior substitutes, high tax on chemical products and high import duties pose restraints to the growth of the global automotive interior material market.
Global Automotive Interior Materials Market: Forecast Highlights
The global automotive interior material market is anticipated to show robust growth during the assessment period. The global market was valued at around US$ 94 Bn in 2017 and is estimated to be valued at US$ 145.3 Bn by 2025. This increase in revenue can be attributed towards its high growth rate, as the market is poised to register a CAGR of 5.6% throughout the period of forecast.
Global Automotive Interior Materials Market: Segmental Snapshot
The global automotive interior material market is segmented by vehicle type (passenger cars, HCV, LCV), material type (fabric, genuine leather, synthetic leather, thermoplastic) and region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).
Thermoplastics segment by material type to grow at the highest growth rate during the forecast period to register a CAGR of 6.5% during 2017-2025. This segment can be inferred to as a high potential segment with a significant market share after fabrics segment
Fabrics segment by material type is estimated to be the largest segment in terms of market value as it reflects an estimation of about US$ 76.8 Bn by 2025, growing at a steady 5.4% CAGR throughout the period of forecast
Asia Pacific region is the most lucrative region for automotive interior material. This regions is expected to grow at the highest rate to reflect a CAGR of 6.1% during 2017-2025 period, to reach a high market evaluation by end of 2025. The growth of automotive material market in APAC region can be attributed to the growing automotive production and adoption of thermoplastics and synthetic leather in this region
Request to view table of content @ https://www.persistencemarketresearch.com/toc/3669
Passenger cars segment by vehicle type is expected to dominate the global market and also reflect a high growth rate during the period of assessment 2017-2025
View Report Table of Contents, Figures, and Tables
Global Automotive Interior Materials Market: Competitive Scenario
The global automotive interior material market research study includes analysis on key market players such as Faurecia S.A., Lear Corporation, Johnson Controls International PLC, Seiren Co., Ltd., Yanfeng Automotive Trim Systems Co., Ltd., Toyota Boshoku Corporation, Sage Automotive Interiors, Inc., Benecke-Kaliko AG, GST AutoLeather, Inc., DK Leather Corporation, Grupo-Antolin Irausa, S.A., Mayur Uniquoters Ltd., WOLLSDORF LEDER SCHMIDT & Co. Ges.m.b.H., Adient PLC, TS Tech Co., Ltd., Magna International Inc., Tachi-S Co., Ltd., Aisin Seiki Co., Ltd., Guelph Manufacturing Group and NHK Spring Co., Ltd.
Buy Automotive Interior Materials Market Report@ https://www.persistencemarketresearch.com/checkout/3669
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
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 Global Automotive Interior Materials Market Expected to Account US$ 145.3 Bn by 2025 here
News-ID: 814976 • Views: …
More Releases from Persistence Market Research
Bean Bag Chairs Market to Reach US$ 8.49 billion by 2032, Reports Persistence Ma …
The global bean bag chairs market is witnessing robust growth, fueled by rising consumer inclination toward ergonomic seating, evolving interior décor trends, and increasing adoption of lightweight and versatile furniture across residential and commercial environments. Bean bag chairs have transitioned from casual, youth-centric seating to mainstream furniture solutions, offering comfort, flexibility, and modern aesthetics.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/31535
…
Toilet Rim Block Market Set for Robust Growth, Reaching US$2.9 Bn by 2031
The global toilet rim block market is witnessing strong and steady growth, driven by rising consumer focus on hygiene, increasing demand for convenient cleaning solutions, and rapid expansion of home care product innovation. As sanitation standards continue to gain importance globally, toilet rim blocks have emerged as a simple yet highly effective solution for maintaining freshness, stain prevention, and continuous cleaning action in households and commercial washrooms.
Get a Sample PDF…
Tennis Equipment Market Set for Steady Growth, Reaching US$2.5 Bn by 2030 - PMR …
The global tennis equipment market is witnessing stable growth, driven by rising sports participation, increasing interest in recreational activities, and the growing influence of professional tournaments worldwide. As tennis continues to expand its reach across emerging markets, demand for high-quality and performance-oriented equipment is gaining momentum. From rackets and balls to footwear, apparel, and accessories, innovation and player-centric design remain at the forefront of industry developments.
Get a Sample PDF Brochure…
Mineral Sunscreen Market to Reach US$2.3 billion by 2030 Amid Rising Demand for …
Market Introduction and Definition
The mineral sunscreen market is anticipated to witness substantial growth from 2023 to 2030, driven by increasing awareness about the harmful effects of UV radiation on the skin and a growing emphasis on skin health. Consumers' rising preference for natural and organic ingredients in personal care products, coupled with concerns about chemical sunscreens, is boosting the demand for mineral-based alternatives. The market is expected to benefit from…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
