Global Automotive Interior Materials Market 2017-2024| Research Report, Overview By Regional Outlook,
Automotive Interior Materials Market, Global Automotive Interior Materials Industry Analysis, Global Automotive Interior Materials Market, Global Automotive Interior Materials Market Research Report, Global Automotive Interior Materials Research Repor © Rubin McCarter
Global Automotive Interior Materials Market is expected to reach USD 139,006.94 million by 2024 from USD 56,150.00 million in 2016, at a CAGR of 12.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Segmentation:
By Type (Thermoplastic Polymers, Fabric, Leather, Plastics, Metals, Composites, Others),
By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Others),
By Application (Seating, Dashboards, Airbag & Seat Belt, Door Panel, Carpet & Headliner, Interior Trim, Others),
By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Drivers: The major factors contributing to the growth of the market includes factors such as the enhanced efficiency of a vehicle by reducing the weight of the interiors, increase in globalization leading to advancement in technology.
ENHANCED EFFICIENCY OF A VEHICLE BY REDUCING WEIGHT OF INTERIOR MATERIALS
Different types of materials for automotive interiors are available such as metal, plastic, composites, fabric, leather and others.
These materials have different weight and also affect the overall weight of the automobile. The high weight of the automobile reduces the efficiency of the vehicle in many ways such as mileage, overall performance of automobile on road.
To overcome these effects of materials used in the automotive, companies are coming up with new materials which are lighter, comfortable and safer than the material used today.
INCREASED GLOBALIZATION
Globalization refers to the international trade, foreign investment and exchange of information & technology between different countries.
In the past few decades, the globalization has been impacting every segment of the business. Due to globalization there have been much advancement in the automotive industry and new technology and progress are done.
With the globalization the automotive industry across the globe booms and the production of the automobiles increased with a greater rate.
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TECHNOLOGICAL ADVANCEMENT AND INCREASING NEED FOR CUSTOMIZATION
Earlier the material used for the interior of a car was made up of mostly iron and seats are of cloth material.
But with advancement in the technology of material, need and change in consumer preference trends in the interior of automotive also witnessed changes.
The technological advancement in the material for dashboard and trims are also changed in due time.
Earlier the material used were plastics like PVC, PP and others, but with technological advancement the new type of plastic material like
Acrylonitrile Butadiene Styrene (ABS),
Carbon fiber reinforced polymer (CFRP),
Fibre-reinforced plastic (FRP)
Major Players:
Some of the major players operating in this market are:-
Adient,
Grupo Antolin,
Toyoda Gosei Co. ltd.,
Toyota Boshoku Corporation,
Lear Corporation,
Grammer AG,
Faurecia S.A,
Sage Automotive Interiors,
Borgers SE & CO. KGAA,
Ntf India Pvt. Ltd.,
Dk-My Properties Sdn Bhd.,
Minda Industries Ltd. (subsidiary of UNO Minda),
Celanese Corporation,
Benecke-Kaliko AG,
BASF SE,
Sabic
Among others…
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Website: https://databridgemarketresearch.com
Get A Free Sample Report Copy Now @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-automotive-interior-materials-market
Segmentation:
By Type (Thermoplastic Polymers, Fabric, Leather, Plastics, Metals, Composites, Others),
By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, Others),
By Application (Seating, Dashboards, Airbag & Seat Belt, Door Panel, Carpet & Headliner, Interior Trim, Others),
By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Drivers: The major factors contributing to the growth of the market includes factors such as the enhanced efficiency of a vehicle by reducing the weight of the interiors, increase in globalization leading to advancement in technology.
ENHANCED EFFICIENCY OF A VEHICLE BY REDUCING WEIGHT OF INTERIOR MATERIALS
Different types of materials for automotive interiors are available such as metal, plastic, composites, fabric, leather and others.
These materials have different weight and also affect the overall weight of the automobile. The high weight of the automobile reduces the efficiency of the vehicle in many ways such as mileage, overall performance of automobile on road.
To overcome these effects of materials used in the automotive, companies are coming up with new materials which are lighter, comfortable and safer than the material used today.
INCREASED GLOBALIZATION
Globalization refers to the international trade, foreign investment and exchange of information & technology between different countries.
In the past few decades, the globalization has been impacting every segment of the business. Due to globalization there have been much advancement in the automotive industry and new technology and progress are done.
With the globalization the automotive industry across the globe booms and the production of the automobiles increased with a greater rate.
Free Inquire And Consultation with Report Analyst Before Buying @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-automotive-interior-materials-market
TECHNOLOGICAL ADVANCEMENT AND INCREASING NEED FOR CUSTOMIZATION
Earlier the material used for the interior of a car was made up of mostly iron and seats are of cloth material.
But with advancement in the technology of material, need and change in consumer preference trends in the interior of automotive also witnessed changes.
The technological advancement in the material for dashboard and trims are also changed in due time.
Earlier the material used were plastics like PVC, PP and others, but with technological advancement the new type of plastic material like
Acrylonitrile Butadiene Styrene (ABS),
Carbon fiber reinforced polymer (CFRP),
Fibre-reinforced plastic (FRP)
Major Players:
Some of the major players operating in this market are:-
Adient,
Grupo Antolin,
Toyoda Gosei Co. ltd.,
Toyota Boshoku Corporation,
Lear Corporation,
Grammer AG,
Faurecia S.A,
Sage Automotive Interiors,
Borgers SE & CO. KGAA,
Ntf India Pvt. Ltd.,
Dk-My Properties Sdn Bhd.,
Minda Industries Ltd. (subsidiary of UNO Minda),
Celanese Corporation,
Benecke-Kaliko AG,
BASF SE,
Sabic
Among others…
Exclusive News on Automotive Interior Materials Report @ https://databridgemarketresearch.com/news/product-launch/global-automotive-interior-materials-market/
About Us:
Data Bridge Market Research adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us-
Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
Website: https://databridgemarketresearch.com