Automotive Fabric Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
116768 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Automotive Fabric industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Fabric by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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 report forecast global Automotive Fabric market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Automotive Fabric market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key 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
At the same time, we classify Automotive Fabric according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Woven
Nonwoven
Composites
Other Materials Market by Application
Upholstery
Floor Covering
Airbag
Safety Belt
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
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?
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