The 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 manufactured from a varied array of resources, such as plastics, metals, and fabrics. Automobiles in the twenty-first century feature radically improved safety and sustainability attributes. Global emphasis is being placed on greenhouse gas reduction and fuel efficiency improvement in the transportation sector. To achieve lightweight architectures, without compromising on rigidity, automakers are performing R&D activities to replace steel with plastics, composites, foams, aluminum, and magnesium.
Demand for eco-friendly materials, especially from emerging countries, and strict fuel economy norms drive the growth of the automotive interior materials market. The recycling and recovery of end-of-life vehicles, which involves recovery targets of 85%, drive the automotive industry to adopt lightweight materials to meet these recovery targets. However, the high cost of pure leather due to a demand-supply gap is expected to restrict the market growth in the future. Technological developments in production processes of automotive interior materials are expected to reduce cost of production and lead to superior sustainability, leading to improvement in performance efficiency.
- BASF SE
- Benecke-Kaliko AG
- Borgers SE & Co. KGaA
- Dow Chemical Company
- DK-Schweizer Co., Ltd.
- Eagle Ottawa LLC
- E.I. du Pont de Nemours & Co.
- Faurecia Automotive GmBh.
- Johnson Controls, Inc.
- Katzkin Leather, Inc.
- Lear Corporation
- Sage Automotive Interiors, Inc.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Automotive Interior Materials Market, By Type
Chapter 5 Global Automotive Interior Materials Market, By Vehicle
Chapter 6 Global Automotive Interior Materials Market, By Geography
Chapter 7 Company Profiles
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