Global Automotive Interior Materials Market Outlook 2019
M2 - Mon Dec 08, 3:53AM CST
Research and Markets (http://www.researchandmarkets.com/research/r5xpkf/automotive) has announced the addition of the "Automotive Interior Materials Market by Type and Region - Trends & Forecasts to 2019" report to their offering. The global market size in terms of value with $82.52 billion by 2019 This report on automotive interior materials captures its global market size by volume and value. The global automotive interior materials market is growing at a rapid pace in North America and Asia-Pacific. Increasing demand for automobiles in North America and Asia-Pacific is contributing to the growing demand for automotive interior materials. The demand for automobiles in North America for the last five years grew at a CAGR of more than 15.0%. The commercial vehicles had a major share in the North American automotive industry and grew at a higher CAGR compared to cars. The commercial vehicle manufacturers prefer to use fabrics in the commercial vehicles due to lower cost, easy maintenance, and higher durability. These factors contributed to the increased market for automotive interior fabrics in North America. Manufacturers are developing new fabrics and eco-friendly materials in order to comply with stringent regulations and meet increasing customer satisfaction. The market for genuine leather is witnessing a decline in demand due to the questionable processes and chemicals used for tanning processes in mature markets. Other than this, the market for artificial PVC leather is also witnessing a decline in demand following the ban on PVC in Europe and North America. On the other hand, the demand for artificial polyurethane leather is increasing at a rapid pace owing to its decreased environmental impact and higher acceptance in mature markets. The demand for fabrics such as non-woven, cotton, wool, and yarn is increasing in Asia-pacific. Scope of the Report Type - Fabrics - Genuine Leathers - Artificial PU Leather - Artificial PVC Leather - Synthetic Leathers - Thermoplastic Polymers Companies Mentioned - BASF S.E. - Borgers A.G. - DK Leather Corporation Berhad - Dow Chemical Company - E. I. DU Pont DE Nemours - Eagle Ottawa, LLC - Faurecia S.A. - International Textile Group Inc. - Johnson Controls Inc. - Katzkin Leather Interiors Inc. - Lear Corporation - Sage Automotive Interiors inc. For more information visit http://www.researchandmarkets.com/research/r5xpkf/automotive
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Global Automotive Interior Materials Market Outlook 2019: Key Analysis of the $82 Billion Industry
M2 - Wed Oct 08, 4:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/sv6w8s/automotive) has announced the addition of the "Automotive Interior Materials Market by Type and Region - Trends & Forecasts to 2019" report to their offering. The automotive interior materials market is growing at a CAGR of 12.79% between 2014 and 2019 and is expected to generate the global market size in terms of value with $82.52 billion by 2019 The report on automotive interior materials includes six different types of materials. These are fabrics, genuine leather,artificial PI leather, artificial PVC leather, synthetic leather, and thermoplastic polymer. The global automotive interior materials market is witnessing high growth because of increasing demand for automobiles, technological advancements, and growing demand in North America and Asia-Pacific regions. Automotive interior materials are largely used for manufacturing upholstery, carpets, airbags, seat-belts, headliners, and so on. Growth for the automotive interior material market is driven by the speedy development in the automotive industry across the world. The artificial PU leather and fabrics market growth are the major market drivers for automotive interior materials. Rising prices for genuine leather and stringent regulations in European and North American markets are the major stumbling blocks for this market. The incorporation of green technology and nanotechnology in automotive industry is expected to be the major growth opportunity for automotive interior materials market players to increase their market shares and business revenue. The use of environment-friendly leather, green chemistry in tanning process, and safe disposal of waste water in leather treatment process could be potential factors in rejuvenating the growth of genuine leather. The incorporation of nanotechnology in the automotive industry to develop lighter and more durable products will allow weight reduction and improved fuel efficiency of vehicles. On the other hand, various regulations are enforced at each level of the supply chain. To achieve profitability and sustainability in such a scenario,the market players have to find the best compromise between the regulatory framework and manufacturing costs. Synthetic leather is the largest segment of the automotive interior materials market across the world. The market for the same is valued at $18.45 billion by 2019. Scope of the Report - Fabrics - Genuine Leathers - Artificial PU Leather - Artificial PVC Leather - Synthetic Leathers - Thermoplastic Polymers The key participants in the global automotive interior materials market include - Borgers A.G.(Germany) - BASF S.E. (Germany) - DuPont (U.S.) - Faurecia S.A. (France) - Lear Corporation (U.S.) - Dow Chemical Company (U.S.) - International Textile Group (U.S.) - Johnson Controls Inc. (U.S.) - Eagle Ottawa (U.S.) - Sage Automotive Interiors (U.S.) - Katzkin Leather Interiors Inc. (U.S.) - DK Leather Corporation (Malaysia) For more information visit http://www.researchandmarkets.com/research/sv6w8s/automotive
DOW: 53.63 (-0.05), JCI: 44.84 (+0.20)