Automotive Fabric Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
25025 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
Automotive fabrics are woven, nonwoven, knitted, coated, or composite fabrics that are flexible, elastic, soft, and lightweight in design. These fabrics provide seating comfort. The global automotive fabric market is driven by technology developments in advanced fabric materials, which are known to provide superior comfort qualities vis-à-vis Composites. The global automotive fabric market is driven by the rise in consumer demand for comfort. Increase in disposable incomes allows consumers to afford high-end luxury cars. Technological advancements in automotive fabric materials allows lower range cars to be optionally fitted with quality fabrics. These factors are estimated to boost the global automotive fabric market in the next few years. Increase in manufacture of passenger cars is also augmenting the global automotive fabric market.
The global Automotive Fabric market is projected to witness high growth on account of the rising automobile production particularly in Asian countries such as India, China, Indonesia, and Thailand. In addition, increasing penetration of technical textiles in the automotive industry to cater to high performance applications is also expected to drive the global demand.
R&D initiatives to develop novel as well as superior quality textile products are presumed to have a positive impact on the market growth. On the regulatory front, directives related to safety standards and emission control is anticipated to critically affect the global market.
Numerous passengers\' safety related regulations are presumed to fuel the demand for Automotive Fabric for the production of airbags and seat belts. Euro VI petrol and diesel standard norms that regulate heavy and light vehicles are expected to increase the usage of textile in the automotive filters.
Woven type segment had dominated the Automotive Fabric market with over 39% of the total market in 2017.
In 2017, Upholstery application segment witnessed the highest penetration, accounting for over 47.5% of the overall Automotive Fabric demand and is expected to show a similar trend shortly.
The Global Automotive Fabric Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Automotive Fabric Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Adient
Grupo Antolin
Toyota Boshoku
Lear
Shanghai Shenda
Hayashi Telempu
Autoneum
Suminoe Textile
Sage Automotive Interiors
Motus Integrated
UGN
Kuangda Technology
HYOSUNG
Freudenberg
Seiren
Toyobo
Faurecia
STS Group
SRF
AGM Automotive
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Woven
Nonwoven
Composites
Other Materials In Market segmentation by applications :
Upholstery
Floor Covering
Airbag
Safety Belt
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Fabric Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Fabric Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Fabric industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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