Automotive Interior Surface Materials Market:
The GMI Research expects the automotive interior surface materials market to expand at a significant rate. From a regional perspective, Asia-pacific is expected to grow at a faster CAGR due to the strong demand for commercial and personal cars owing to the growing population. The continuously increasing demand for fuel-efficient automotive is boosting the demand for lightweight automotive interior surface materials.
Automotive Interior Surface Materials Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers
The rapid development in the automotive sector, the growing use of smart interior fabrics, and the strong demand for customization and comfort are the factors surging the growth of the global automotive interior surface materials market size. The accelerating number of passenger cars across the globe, followed by the significant shift in consumers' lifestyle, is further fuelling the demand for the market. In addition to this, the rising introduction of green technology in automotive leather manufacturing and the high adoption of nanomaterial in automotive fabrics will further propel the growth of the automotive interior surface materials market in the upcoming years. The continuous technological advancement in the production process has helped decrease the production cost of automotive interior surface material, which has attracted new end-users toward the market. On the other hand, the factor restraining the growth of the market include erroneous disposal of effluents is affecting the leather market.
Type Segment Drivers
Based on the type, the polymer segment is projected to increase at a faster rate over the forecast period. The polymer is usually utilized material in the automotive interior surface as compared to other types of material due to its remarkable benefits. The growing adoption of polymer in the automotive interior is due to the capability to decrease vehicles' weight and growth in fuel efficiency.
Vehicle Type Segment Drivers
Based on the vehicle type, the passenger vehicle segment is expected to increase at a faster rate during the forecast period. This is mainly due to the growing per capita income, drastically changing consumers' living standards, enhancing economic conditions, and the strong demand for passenger vehicles worldwide.
Automotive Interior Surface Materials Market’s leading Manufacturers:
Lear Corporation
Adient plc
Toyota Boshoku Corporation
Faurecia S.A.
Toyoda Gosei Co., Ltd.
Sage Automotive Interiors Inc.
Grupo Antolin
Yanfeng Automotive Interiors
Seiren Co., Ltd.
DK Leather Corporation Berhad
Automotive Interior Surface Materials Market Segmentation: Segmentation by Type:
Polymers
Genuine Leather
Fabric
Synthetic Leather
PU Leather
PVC Leather
Others
Segmentation by Vehicle Type:
Passenger Vehicles
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)
Segmentation by Application:
Dashboard
Seats
Airbag & Seat Belts
Door Panels & Trims
Carpets & Headliners
Others
Segmentation by Region:
North America
United States of America
Canada
Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)