The IMARC Group provides extensive analysis of the automotive fabric industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Automotive Fabric Market Overview:
The global automotive fabric market size reached US$ 35.3 Billion in 2021. Looking forward, IMARC Group expects the market value to reach US$ 45.2 Billion by 2027, expanding at a CAGR of 4.10% during the forecast period 2022-2027. Automotive fabrics help safeguard the internal coverings on doors, floors, and roofs of vehicles from stains, moisture, chemicals, and wear to give an aesthetic appeal to the interior of the vehicle. They are antibacterial, chemical, and ultraviolet (UV) resistant, flame retardant, anti-static, insect repellent, and odor absorbent. They also withstand severe conditions to offer the passengers maximum comfort, safety, and security during the drive. As a result, automotive fabrics are widely used in making seat covers, carpets, headliners, dashboards, safety belts, and airbags in a vehicle.
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Global Automotive Fabric Market Trends:
The market is primarily driven by the increasing sales of passenger cars across the globe. In addition, the rising adoption of electric vehicles (EV) is escalating the demand for automotive fabrics that provide noise, vibration, and temperature control. Besides this, with the implementation of stringent government regulations to promote the fuel efficiency of vehicles, manufacturers are relying on innovative fabrics to reduce weight and emissions, increase energy efficiency and improve the overall safety of vehicles. This, coupled with the growing demand for environment-friendly and lightweight automotive fabrics to reduce vehicle pollution, is contributing to the market growth. Moreover, key players are introducing cost-effective, multi-functional, and advanced product variants. They are also investing in research and development (R&D) activities to develop high-performance materials, which is positively influencing the market growth. Furthermore, the escalating demand for luxury vehicles, rising disposable incomes of individuals, and the growing need for advanced safety features in vehicles are some of the other factors creating a positive market outlook across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Report Scope of Automotive Fabric Market:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Fabric Type, Vehicle Type, Application, Region |
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive fabric market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on fabric type, vehicle type and application.
Competitive Landscape:
- Acme Mills Company
- Arvind Limited
- Asahi Kasei Corporation
- BOXMARK Leather GmbH & Co KG
- Kyowa Leather Cloth Co. Ltd
- Moriden America Inc
- Navbharat Textile Industries
- Parishudh Fibres Pvt. Ltd.
- Seiren Co. Ltd
- Suminoe Textile Co. Ltd
- Uniroyal Engineered Products LLC
Breakup by Fabric
- Polyester
- Vinyl
- Leather
- Nylon
- Others
Breakup by Vehicle Type:
- Passenger Vehicle
- Commercial Vehicle
Breakup by Application:
- Carpets and Floor Covering
- Upholstery
- Pre-Assembled Interior Components
- Tires
- Safety-Belts
- Airbags
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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