The Automotive Interior Materials Market Size was valued at USD 49.65 billion in 2022 and is expected to reach USD 61.92 billion by 2030 and grow at a CAGR of 2.8% over the forecast period 2023-2030.
The materials used in the interior of a vehicle are referred to as "automotive interior materials." Fabric, polymers, genuine leather, and synthetic leather are the principal types of materials that are used in the construction of automobile interiors. The primary element that propels the expansion of the automotive interior materials market is the growing emphasis placed on reducing the overall weight of automobiles in order to improve their fuel efficiency. Additionally, an increase in the consumption of plastics in the production of automobiles across the globe drives an increase in the need for car interior materials. The majority of the world's leading manufacturers of automobiles are concentrating their efforts on reducing carbon emissions by increasing the use of lightweight polymers and composites in the dashboards, instrument panels, and flooring components of their products.
Get More Information on Automotive Interior Materials Market - Request Sample Report
By 2020, Continental AG, a major automobile manufacturer, plans to introduce high-end interior trims for its vehicles. Continental is ready to gamble on the debut of these premium interior trimmings after realizing that premium interiors remain an important selection criterion for end users.
Expectations for automobile interiors that are both visually beautiful and comfy
The increased technological advancements
The market for automotive interior materials is being fueled by the desire for personalization
Eco-friendly interior materials are being developed in response to rising consumer health consciousness
Improper disposal of effluents from the tanning industry damages the genuine leather market
Genuine leather is the most expensive material currently utilized as automotive upholstery
Changing the opinion of consumers regarding genuine leather has driven producers to transition to eco-friendly alternatives
Possibilities exist for the automotive leather industry to adopt green technology
Environmental rules have made it difficult for local manufacturers to remain profitable
The global market is hampered by rising raw material prices and, as a result, unpredictability
As a result of the global pandemic, the car interior material market is likely to be moderately impacted. The refinery and petrochemical, chemical, metal, and other power generation industries are critical to the smooth operation of the worldwide market. Exports and industrial production from China have been hampered as a result of the country's major regions implementing stringent lockdowns. When COVID-19 broke out and limitations and a lockdown were put in place, industrial equipment demand dropped dramatically in the first quarter of 2020. The area of China is one of the leading producers of vehicles. Manufacturing of vehicle interior components is being hampered by numerous interruptions in the supply of raw materials.
Based on the type segment, the global market has been divided into Composites, Plastics, Metals, Fabric, Leather, and Others. Plastic accounted for 45.6% of automobile interior income. Modern plastic interiors appear and feel luxurious because of advances in blended polymers, design, and processing. Stitching and trimming leather take longer than fabric. This will boost synthetic leather demand.
The global market has been divided into Passenger cars, LCV, and HCV based on the vehicle type segment. The market for automotive interior materials was dominated by passenger cars, generating 77.5% of total sales. Consumers have been more ready to spend on high-quality and long-lasting products, which has helped the segment. In 2018, the market for heavy commercial vehicles was just 4.8%.
The global market has been divided into Dashboard, Seats, Airbags & Seat belts, Door panels & trims, Carpet and headliners, and Others based on the application segment. Dashboard dominated the automobile interior materials market in 2018 with a 34.0 percent sales share. Dashboards are now expected to be eco-friendly and devoid of harmful materials, which affects the automotive sector. Ventilated seats are a popular vehicle feature because they improve passenger comfort.
By Vehicle Type:
Airbags & Seat belts
Door panel & trims
Carpet and headliners
Get Customized Report as per Your Business Requirement - Request For Customized Report
The CAGR for the Asia Pacific region is predicted to be 6.7%. Growth in the APAC market for car interior materials can be predicted as a result of increased government support in the form of subsidies and favorable regulations for automobile manufacturers. A CAGR of 4.2 percent from 2019 to 2025 is predicted for Europe, which will remain a significant market in the global context. European consumers place a high value on automobile interiors, so producers are free to develop and promote a wide range of products. This is predicted to boost demand.
For car interior materials, North American demand for passenger vehicles, regular technological developments, and the economic feasibility of premium options have led to a considerably more developed market in the region. This market is expected to grow at a steady pace in North America due to the widespread use of automobiles for transportation.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
3M, BASF SE, Toyota Boshoku Corporation, Celanese Corporation, ARKEMA Group, Covestro AG, Delphi Automotive Plc, Dow, Evonik Industries AG, Hexcel Corporation, Huntsman International LLC, Stahl Holding B.V., Wacker Chemie AG, Bayerische Motoren Werke AG, Grammer AG, Grupo Antolin-Irausa SA, Technical Textile Services Ltd., Toyoda Gosei Co., Ltd., and ZF Friedrichshafen AG. are some of the affluent competitors with significant market share in the Automotive Interior Materials Market.
|Market Size in 2022
|US$ 49.65 Billion
|Market Size by 2030
|US$ 61.92 Billion
|CAGR of 2.8% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• by Type (Composites, Plastics, Metals, Fabric, Leather, Others)
• by Vehicle Type (Passenger cars, LCV, HCV)
• by Application (Dashboard, Seats, Airbags & Seat belts, Door panel & trims, Carpet and headliners, Others)
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|3M, BASF SE, Toyota Boshoku Corporation, Celanese Corporation, ARKEMA Group, Covestro AG, Delphi Automotive Plc, Dow, Evonik Industries AG, Hexcel Corporation, Huntsman International LLC, Stahl Holding B.V., Wacker Chemie AG, Bayerische Motoren Werke AG, Grammer AG, Grupo Antolin-Irausa SA, Technical Textile Services Ltd., Toyoda Gosei Co., Ltd., and ZF Friedrichshafen AG
|•Expectations for automobile interiors that are both visually beautiful and comfy.
•The increased technological advancements.
|•Improper disposal of effluents from the tanning industry damages the genuine leather market.
•Genuine leather is the most expensive material currently utilized as automotive upholstery.
Ans:- The market size is expected to reach USD 58.6 billion by 2028.
Ans:- The materials used in the interior of a vehicle are referred to as automotive interior materials.
Ans:- Improper disposal of effluents & Genuine leather is the most expensive material are the primary market restraints for the market.
Ans:- 3M, BASF SE, Toyota Boshoku Corporation, Delphi Automotive Plc, Hexcel Corporation, Wacker Chemie AG, Bayerische Motoren Werke AG, Grammer AG, Grupo Antolin-Irausa SA, Technical Textile Services Ltd., Toyoda Gosei Co., Ltd., and ZF Friedrichshafen AG are the most prominent players in the market.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Interior Materials Market Segmentation, By Type
9. Global Automotive Interior Materials Market Segmentation, By Vehicle Type
9.1 Passenger car
10. Global Automotive Interior Materials Market Segmentation, by Application
10.3 Airbags & Seat belts
10.4 Door panel & trims
10.5 Carpet and headliners
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Toyota Boshoku Corporation,
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.3 BASF SE
12.4 Celanese Corporation
12.5 ARKEMA Group
12.6 Covestro AG
12.7 Delphi Automotive Plc
12.9 Evonik Industries AG
12.10 Hexcel Corporation
12.11 Huntsman International LLC
12.12 Stahl Holding B.V.
12.13 Wacker Chemie AG
12.14 Bayerische Motoren Werke AG
12.15 Grammer AG
12.16 Grupo Antolin-Irausa SA
12.17 Technical Textile Services Ltd.
12.18 Toyoda Gosei Co., Ltd.
12.19 ZF Friedrichshafen AG.
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Report Scope & Overview: Automotive USB Power Delivery System Market
Automotive Fasteners Market Size was valued at USD 23.33 billion in 2022 and is expected to reach USD 29.56 billion by 2030 and grow at a CAGR of 3% over the forecast period 2023-2030.
The Automotive Horn Systems Market Size was valued at USD 999.12 million in 2022 and is expected to reach USD 1933.10 million by 2030 and grow at a CAGR of 8.6% over the forecast period 2023-2030.
The All-Weather Tire Market Size was valued at USD 203.81 billion in 2022 and is expected to reach USD 339.86 billion by 2030 and grow at a CAGR of 6.6% over the forecast period 2023-2030.
Automotive Power Modules Market Size was valued at USD 4.29 billion in 2022 and is expected to reach USD 6.34 billion by 2030 and grow at a CAGR of 5% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone