close

Enter

Log in using OpenID

Automotive Interior Materials Market

embed
Growing awareness about waste disposal in the process of leather manufacturing required for the automotive interiors along with high prices of leather material are expected to restrain the growth of the market.
Automotive Interior Materials Market –
Global Industry Insights, Trends, Outlook, and Oppor
tunity Analysis, 2016–2024
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
Automotive Interior Materials Market:
Automotive interiors, including seats, door panels, cockpit modules, steering wheels, and dashboards offer comfort to the
vehicle drivers and also enhance the aesthetic appeal of the vehicle. Automotive interiors of superior quality minimize
engine vibrations and act as effective cabin insulators, thereby enhancing the consumer’s riding experience. Attributed to
the growing consumer preference for premium automotive interior materials and the desire to enhance the aesthetic appeal
of the interiors, the global automotive interior material market is expected to witness a significant growth during the
forecast period.
Growth of the automotive interior materials market is mainly driven by rapidly growing automotive industry and rising
inclination of consumers towards aesthetic features of the automotive interiors and also improving driving experience.
OEMs offer high customization to satiate the specific demands of consumers, in order to capitalize upon high consumer
purchasing power. Consumers are increasingly inclined towards vehicles with features that were until now reserved for
premium vehicles. These include premium seat covers, leather covered dashboards, and luxury carpeting, among others.
This creates a highly conducive environment for growth of the market. Furthermore, increasing demand for lightweight
vehicles due to its low carbon emission quality, is also driving the manufacturers to focus on smart textiles appropriate for
the vehicles thereby, boosting the demand for automotive interior materials. In 2015, global vehicle production was
pegged at over 90 million, which increased to around 95 million in 2016. This creates a highly conducive environment for
growth of the automotive interior materials market.
© Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION
Hydrophobic Coatings Market: Market Taxonomy:
Automotive Interior Materials: Market Taxonomy
By Material Type
The global market can be segmented on the basis of type of material used which includes:
●
●
●
●
●
Synthetic leather
Pure leather
Fabrics
Thermoplastic polymers
By Vehicle Type
On the basis of vehicle type, the global market can be segmented into:
●
●
●
Passenger vehicles
Light commercial vehicles
Heavy commercial vehicles
Request Sample Automotive Interior Materials Market:
https://www.coherentmarketinsights.com/insight/request-sample/337
© Coherent market Insights. All Rights Reserved
Global Automotive Interior Materials Market Outlook:Burgeoning growth
of Automotive Sector in Asia Pacific to Fuel Market Growth
Geographically, the global automotive interior materials market is segmented into North America, Europe, Asia Pacific,
Middle East and Africa. Booming automotive industry along with rising middle class population with high spending
power creates highly lucrative opportunities for players in the automotive interior materials industry. In Asia-Pacific
region, government initiatives in terms of subsidies and tax concessions across various countries are attracting the
automotive OEMs to build their manufacturing plants in the region. For instance, in July 2016, the South Korean Ministry
of Trade, Industry and Energy announced plans to make electric car batteries run longer, build a network of charging
stations and make electric car purchases and ownership more affordable. The government expects that the current and
future policy programs will help increase the electric car market share in South Korea to 0.5% in 2017, up from 0.2% in
2015, and to achieve 5.3% in 2020. Also, In April 2014, the Indian government announced a new plan to provide subsidies
for hybrid and electric vehicles. The plan will have subsidies up to US$ 2,314 for cars and US$ 463 on two wheelers. This
in turn positions Asia Pacific as a high growth market for automotive interior materials.
To Get Discount On This Report: https://www.coherentmarketinsights.com/insight/request-discount/337
© Coherent market Insights. All Rights Reserved
ABOUT COHERENT MARKET INSIGHTS
ABOUT US
Coherent Market Insights is a global market intelligence and consulting
organization focused on assisting its plethora of clients achieve transformational
growth by helping them make critical business decisions. We are headquartered in
India, with an office at the global financial capital in the U.S. Our client base
includes players from across all business verticals in over 150 countries worldwide.
We are uniquely positioned to help businesses around the globe deliver practical
and lasting results through various recommendations about operational
improvements, technologies, emerging market trends and new working methods.
We offer both customized and syndicated market research reports that help our
clients create visionary growth plans to provide traction to their business. We
meticulously study emerging trends across various industries at both the global
and regional levels to identify new opportunities for our clientele.
SERVICES
INDUSTRY ANALYSIS
CUSTOMIZED
RESEARCH
MARKET INTELLIGENCE
SERVICES
CONSULT STUDIES
© Coherent market Insights. All Rights Reserved
SYNDICATED RESEARCH
COUNTRY SPECIFIC
STUDIES
ABOUT COHERENT MARKET INSIGHTS
Industries we cater
SECTOR COVERAGE
Healthcare
BIOTECHNOLOGY
CLINICAL DIAGNOSTIC
HEALTHCARE IT
MEDICAL DEVICES
MEDICAL IMAGING
PHARMACEUTICAL
Chemicals & Materials
Bulk Chemicals
Advanced Materials
Speciality and Fine
Chemicals
Green Chemicals
Food Ingredients
© Coherent market Insights. All Rights Reserved
Cosmetic
Ingredients
Polymers &
Resins
ABOUT COHERENT MARKET INSIGHTS
KEY STATS
RESEARCH SOLUTIONS
FEASIBILITY
STUDIES
GLOBAL
REPORTS
100+
Insights Published Per Year
150+
Consulting Projects Till Date
125+
Clients Worldwide Per Year
110+
COUNTRY
ANALYSIS
CONSULT
PROJECTS
SURVEY
RESEAR
CH
EXCEL
FORECAST
DATABASE
CUSTOMIZED
SOLUTIONS
COMPETITIVE
ASSESSMENT
TECHNOLOGY
SNIPPETS
Analysts and Contract Consultants
Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including
chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in
the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various
industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely
designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed
markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein.
© Coherent market Insights. All Rights Reserved
THANK YOU
To know more about us, visit our website:
www.coherentmarketinsights.com
For sales queries or new topics email us on:
[email protected]
For other queries contact:
Mr. Shah
(Manager - Business Development)
Coherent Market Insights
[email protected]
+1-206-701-6702
© Coherent market Insights. All Rights Reserved
Author
Mayuri Deore
Mayuri Deore51   document Email
Document
Category
Uncategorized
Views
16
File Size
447 KB
Tags
materials
1/--pages
Report inappropriate content