Global Automotive Interior Materials Market Global Opportunity Analysis and Industry Forecast, 2014-2022 Global Automotive Interior Materials Market was valued at $77,553 million in 2015, and is expected to reach $124,469 million by 2022, registering a CAGR of 6.9% from 2016 to 2022. Automotive interior materials are resources that are utilized inside the cabin of an automotive, such as plastics, metals, and composites. As the operational properties of automotive reach acceptable levels of performance, consumers demand improved ergonomic and appealing features of the interior design. The cabin section of a vehicle is critical to vehicle weight, making lightweight interior materials imperative to conserving emission levels. Superior attributes and functions of cabin components have led to significant increase in number of vehicle interior components.
The global automotive interior materials market is driven by high demand for low-emission materials, especially from emerging countries, and stringent fuel economy standards. However, increase in cost of genuine leather due to demand-supply gap and regulations concerning synthetic leather are expected to hamper the market growth in the future. Technological developments in production processes of automotive materials are expected to lead to lower cost of production and superior sustainability, leading to improvement in performance efficiency. Automotive interior materials provide an aesthetic look, sustainability, and better reliability, leading to superior design of automotive cabins over time. Innovative automotive
designs and rapid growth in the global economy present numerous opportunities to market players for growth.
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The report segments the global automotive interior materials market based on type, vehicle, and geography. The type segment is classified into plastics, metals, fabrics, leather, composites, and others. Plastics are further segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), polycarbonate (PC), and others, whereas metals include steel, aluminum, and others. Genuine and synthetic leather constitute the leather segment. Composites are bifurcated into glass fiber reinforced plastic (GFRP) and carbon fiber reinforced plastic (CFRP), while glass, wood, and rubber are some of the other materials utilized. Based on vehicle type, the market is divided into passenger, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Polypropylene
Polycarbonate
Acrylonitrile Butadiene Styrene (ABS)
Asia-pacific Automotive Interior Materials Market Analysis Asia-Pacific’s consumption of automotive interior materials is expected to increase, owing to growth in population, development in the automotive industry, and stable economic growth. Emerging markets, such as China and India, are expected to witness the highest increase in demand for these materials during the forecast period. Substantial development in composite and plastic components is anticipated to boost the market growth in this region.
Major companies have adopted agreement, product launches, expansions, mergers, and agreements to sustain the intense market competition. Key players profiled in the report include BASF SE, Benecke-Kaliko AG, Borgers SE & Co. KGaA, Dow Chemical Company, DKSchweizer Co., Ltd., Eagle Ottawa LLC, E.I. du Pont de Nemours & Co., Faurecia Automotive GmBh., Johnson Controls, Inc., Katzkin Leather, Inc., Lear Corporation, and Sage Automotive Interiors, Inc.
Automotive Interior Materials Market Key Segments By Type •
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Plastics o PP o ABS o PC o Others Metals o Steel o Aluminum o Others Fabrics Leather o Genuine o Synthetic Composites
GFRP o CFRP Others o
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By Vehicle • • •
Passenger LCV LCV
By Geography •
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North America o U.S. o Canada o Mexico Europe o UK o Germany o France o Italy o Spain o Rest of Europe Asia-Pacific o China o Japan o India o Rest of Asia-Pacific LAMEA o Brazil o Argentina o South Africa o Rest of LAMEA
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