ReportsnReports published a research report on “Automotive Interior Materials Market” – Industry Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
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The Global Automotive Interior Materials Market is estimated to be USD 46.63 in 2018 and is projected to register a CAGR of 3.5% between 2018 and 2023 to reach USD 55.41 Billion by 2023.
Top Companies Profiled in the Automotive Interior Materials Market:
- Toyota Boshoku Corporation (Japan)
- Lear Corporation (US)
- Toyoda Gosei Co. Ltd. (Japan)
- Adient plc (Ireland)
- Faurecia S.A. (France)
- Grupo Antolin (Spain)
- Sage Automotive Interiors Inc. (US)
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Polymers are the largest as well as fastest-growing type in the automotive interior materials market. Polymers are largely used in the manufacture of lightweight automotive interior components. Some of the high-performance polymers used in automotive interiors are PP, PU, PVC, and others. These polymers are lightweight and help in making vehicles more fuel efficient.
APAC is the largest market for automotive interior materials globally, with China being the dominant market in this region, which is attributed to the rapid economic expansion. Rapid development in the automotive industry is also driven by the rising demand due to high living standards and higher economic growth in this region. North America is projected to be the second largest market for automotive interior materials.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1 – 60%, Tier 2 – 20%, and Tier 3 – 20%
- By Designation: C Level Executives – 17%, Directors – 33%, Others – 50%
- By Region: APAC – 33%, South America – 17%, Europe – 33%, North America – 17%
Competitive Landscape of Automotive Interior Materials Market:
2 Market Ranking
3 Competitive Scenario
3.2 Mergers & Acquisitions
3.3 New Product Developments
3.4 Joint Ventures
3.5 Agreements & Partnerships
Reason to access this report:
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market ranking of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the automotive interior materials market; high-growth regions; and market drivers, restraints, challenges, and opportunities.
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