Home / News / Global Automotive Interior Market is expected to grow at a CAGR of 13.2% during the forecast period 2016 to 2022 – Brisk Insights

Global Automotive Interior Market is expected to grow at a CAGR of 13.2% during the forecast period 2016 to 2022 – Brisk Insights

According to a recently published report, the global Automotive Interior Market is expected to grow at a CAGR of 13.2% during the forecast period 2016 to 2022. The global automotive interior material market is segmented on the basis of type and geography. The report on global automotive interior material market forecast, 2016-2022 (by type and geography) provides detailed overview and predictive analysis of the market.

Full report available global automotive interior material market forecast, 2016-2022 (by type and geography) report athttp://www.briskinsights.com/report/automotive-interior-material-market

The increased sale of luxury vehicles is expected to fuel the demand for automotive interior materials. In 2015, approximately 1.9 million BMW’s were sold along with 1.8 million Mercedes-Benz. The sale volume of cars is anticipated to grow at a significant rate due to changing lifestyle which in turn is expected to boost the demand for automotive interior materials. Rising demand for fuel-efficient vehicles and premium aesthetics has pushed the original equipment manufacturers to concentrate on lightweight and fine interior materials. Increased concentration on automotive interior components such as upholstery, leather-covered dashboards, seat, trunk & floor carpets, and seat belts and so on has forced equipment manufacturers to focus on quality of materials used in the vehicles.
Moreover, the global automotive interior material market would grow exponentially due to the growing application of smart fabrics in the automotive sector. Growing automotive sector in Asia Pacific and North American region will boost the market growth. Further, increasing focus on consumer differential and growth of lightweight vehicles will be driving the market growth in the future. Technological advancements such as use of Nano-technology in the fabrics and integrating green technology with automotive leather products will create new growth opportunities for the market in the future. Stringent government regulations related to leather production and increasing raw material costs are expected to hamper the growth of automotive interior material market.

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Scope of the Report

  1. Global Automotive Interior Material Market by Type 2012-2022 ($ Million)
    1.1. Fabric
    1.2. Artificial PU Leather
    1.3. Synthetic Leather
    1.4. Genuine Leather
    1.5. Artificial PVC Leather
    1.6. Thermoplastic Polymer
  2. Global Automotive Interior Material Market Regional Outlook 2012-2022 ($ Million)
    2.1. North America
    2.2. Europe
    2.3. Asia Pacific
    2.4. Middle East & Africa
    2.5. Central and South America
  3. Competitive Landscape
    3.1. BASF SE
    3.2. Borgers A.G.
    3.3. DK Leather Corporation Berhad
    3.4. Dow Chemical Company
    3.5. Eagle Ottawa
    3.6. E. I. DU Pont DE Nemours
    3.7. Faurecia S.A
    3.8. GrupoAntolin-Irausa, S.A.
    3.9. International Textile Group Inc.
    3.10. Johnson Controls Inc
    3.11. Katzkin Leather Interiors Inc.
    3.12. Lear Corporation
    3.13. Sage Automotive Interiors Inc.
    3.14. Seiren Co., Ltd.
    3.15. Toyota Boshoku Corporation

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Release ID: 3192

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