DUBLIN--(BUSINESS WIRE)--The "Automotive Interior Materials Market by Type, by Vehicle - Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Interior Materials Market was valued to USD 102.19 billion in 2019 and is estimated to garner USD 189.78 billion by 2030, expanding at a CAGR of 5.7% during the forecast period, from 2020 and 2030.

In terms of volumetric sale, the market was at 23,270 kilotons in 2019 and is projected to reach 35,058 kilotons by 2030, at a CAGR of 5.7% and 3.7%, from 2020 to 2030.

Automotive interior materials are used specifically for in-vehicle interiors. They improve comfort, safety, and aesthetics of a vehicle. Materials used to design the interiors include plastic, metal, resin, fabric, leather, and composites. These materials are crafted to be lightweight and durable to increase the efficiency, decrease fuel consumption, and influence a buyers' perception.

Market Dynamics and Trends

The growth of the global automotive interior materials market is attributed to existing market trends regarding totally-flexible interiors, rising demand for premium vehicles with luxurious automotive interiors, fully automatic positioning of components, selective air-bags, crash controls to enhance the safety of drivers, and availability of a wide-range of customizable options for the customers.

Moreover, high demand for low-emission lightweight automotive interiors, implementation of stringent regulations to increase fuel-economy, increasing disposable incomes at global level, rising customer preferences for leather-lining in vehicle interiors, and inclination of manufacturers towards eco-friendly components to reduce carbon footprints are further boosting the market growth.

However, growth in trade war, increase in automotive import tariffs, lack of efficient recycling processes, and fluctuating prices of raw materials are inhibiting the market. On the other hand, launch of innovative automotive designs, low-cost high sustainability products with increased efficiency, and enhanced quality, and adoption of advanced technology by market players, are creating lucrative opportunities in the market.

Market Segmentations and Scope of the Study:

The global automotive interior materials market is segmented based on type, vehicle, and geography. On the basis of type, the market is segregated into metal, fabric, leather, plastics, composites, and others. The plastics segment is sub-segmented into PP, ABS, PC, and others. The metals segment is further divided into steel, aluminium, and others.

The leather segment is bifurcated into genuine and synthetic. The composites segment is classified as GFRP and CFRP. In terms of vehicle, the market is fragmented into passenger and light commercial vehicle (LCV). Based on geography the global automotive interior materials market is split into North America, Europe, Asia-Pacific, and Rest of World (RoW).

Geographical Analysis

North America is expected to dominate the global automotive interior materials market, due to factors such as increasing GDP in the region and rising demand for electric vehicles.

The market in Asia-Pacific is expected to grow due to rising demand for premium vehicles with luxurious automotive interiors, increasing per-capita disposable income, and growing demand for durable and lightweight materials.

Competitive Landscape

  • Benecke-Kaliko AG
  • BASF SE
  • Borgers SE & Co. KGaA
  • DK-Schweizer Co., Ltd.
  • Dow Chemical Company
  • E.I. du Pont de Nemours & Co.
  • Eagle Ottawa LLC
  • Johnson Controls, Inc.
  • Faurecia Automotive GmBh.
  • Katzkin Leather, Inc.
  • Sage Automotive Interiors, Inc.
  • Lear Corporation

Key Topics Covered:

1. Introduction

2. Market Snapshot, 2019-2030 Million USD

2.1. Market Snapshot

3. Porter's Five Force Model Analysis

4. Market Dynamics

4.1. Growth Drivers

4.2. Challenges

4.3. Opportunities

5. Global Automotive Interior Materials Market, by Type

5.1. Overview

5.2. Plastics

5.2.1 Global Plastics Market, by Type

5.2.1.1 Pp Market, by Region

5.2.1.2 Abs Market, by Region

5.2.1.3 Pc Market, by Region

5.2.1.4 Other Plastics Market, by Region

5.3. Metals

5.3.1 Global Metals Market, by Type

5.3.1.1 Steel Market, by Region

5.3.1.2 Aluminium Market, by Region

5.4. Fabric

5.5. Leather

5.5.1 Global Leather Market, by Type

5.5.1.1 Genuine Market, by Region

5.5.1.2 Synthetic Market, by Region

5.6. Composites

5.6.1 Global Composites Market, by Type

5.6.1.1 Cfrp Market, by Region

5.6.1.2 Gfrp Market, by Region

6. Global Automotive Interior Materials Market, by Vehicle

6.1. Overview

6.2. Passenger

6.3. Lcv

6.4. Hcv

7. Global Automotive Interior Materials Market, by Region

8. Company Profiles

  • Benecke-Kaliko AG
  • BASF SE
  • Borgers SE & Co. KGaA
  • DK-Schweizer Co., Ltd.
  • Dow Chemical Company
  • E.I. du Pont de Nemours & Co.
  • Eagle Ottawa LLC
  • Johnson Controls, Inc.
  • Faurecia Automotive GmBh.
  • Katzkin Leather, Inc.
  • Sage Automotive Interiors, Inc.
  • Lear Corporation

For more information about this report visit https://www.researchandmarkets.com/r/95chso

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