Automotive Fabric Market by Reports And Data
Automotive Fabric
Market To Reach
USD 43.3 Billion By
2026
Market Summary
Growing automobile industry coupled with stringent regulations governing
fuel emissions and road safety are likely to stimulate demand.
Market Size – USD 31.3 billion in 2018, Market Growth - CAGR of 4.2%,
Market Trends – Increased adoption across various applications
The global automotive fabric market is expected to reach USD 43.3 billion by
2026, according to a new report by Reports and Data. Increased adoption of
regulations governing fuel emissions in different countries is likely to
stimulate market demand. Growing automotive industry mainly in Europe
and Asia Pacific is also a key factor influencing market growth.
Market Summary
Further key findings from the report suggest
• Asia Pacific market is forecasted to grow at a CAGR of 4.5% in the coming years. Increasing
adoption of regulations to reduce fuel emissions in the region is projected to foster market
demand. For instance: Recently China announced adopting National Phase VI/VIA vehicle
fuel standards. Under this strategy, the sale of motor fuels, which do not meet the National
VIA gasoline standard or National VI gasoil standard will be restricted in the region.
• Upholstery is projected to be the fastest growing application of the automotive fabric
market. The segment is projected to grow at a CAGR of 4.3% in the forecast period. Apart
from seat covers, dashboards, trunk liners, roof-liners are the major applications involved
in upholstery.
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Market Summary
Key players Lear Corporation, Toyota Boshoku Corporation, Seiren Co., Ltd., Takata Corporation, Tenowo GmbH, Sage
Automotive Interiors Inc. and SRF Limited, Among Others.
Segmentation:
For the purpose of this report, Reports and Data have segmented global automotive fabric on the basis of
material, vehicle type, application and region:
Material Outlook (Revenue, USD Billion, 2018-2026)
• Fabric
• Thermoplastic Material
• Leather
• Others
Vehicle Type Outlook (Revenue, USD Billion, 2018-2026)Passenger Cars
• Light Commercial Vehicles
• Heavy trucks
• Buses & Coaches
Market Summary
Application Outlook (Revenue, USD Million, 2015-2026)
• Floor Covering
• Upholstery
• Pre-Assembled Interior Component
• Tires
• Safety Belts
• Airbags
• Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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