DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Automotive Interior Material Market" report to their offering.
The global automotive interior material market is expected to reach an estimated $108.3 billion by 2022 and it is forecast to grow at a CAGR of 5.5% from 2017 to 2022.
The future of the global automotive interior material market looks promising with opportunities in the passenger car and commercial vehicle segments. The major growth drivers for this market are increasing vehicle production, growing demand for advanced vehicle safety and comfort systems, and rising demand for premium aesthetic vehicles with lightweight interior materials.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for smart fabrics and increasing demand of natural fiber composites in vehicle interior.
Automotive interior material companies profiled in this market report include BASF SE, Lear Corporation, GST AutoLeather, Inc., Seiren Co., Ltd. and Borger AG. Several of these companies are seeking mergers and acquisitions as strategic initiatives to drive growth.
Scope of the Report
Automotive interior material market by material (Value ($ billion) and Volume (billion lbs.) from 2011 to 2022):
- Other Materials
Automotive interior material market by vehicle type (Value ($ billion) and Volume (billion lbs.) from 2011 to 2022):
- Small Cars
- Compact Cars
- Mid-size Cars
- Large Cars
- Pickup Truck
Automotive interior material market by application type [Volume (Billion lbs.) and $ billion from 2011 to 2022]:
- Airbag & seat belt
- Door panel
- Carpet & headliner
- Interior trim
Automotive interior material market by region (Value ($ billion) and Volume (billion lbs.) from 2011 to 2022):
- North America
- Asia Pacific
- Rest of the World
Company Profiles of Leading Players
- BASF SE
- Borger AG
- Dow Chemical Company
- Du Pont
- GST AutoLeather, Inc.
- Lear Corporation
- Sage Automotive Interiors, Inc.
- Seiren Co., Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/v9xmjf/growth