Global Automotive Textiles Market, By Raw Materials (Polyamide, Polyester, Acrylic, Polyethylene, Others), Product Type (Woven, Non-Woven, Composites), Vehicle Type (Passenger Cars, Low Commercial Vehicles, Heavy Trucks, Buses, Coaches), Application (Upholstery, Floor Covering, Tires, Airbags and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Automotive Textiles Market
The automotive textiles market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 3.9% in the above-mentioned forecast period.
An automotive textile consists of several type of textile components including filaments, fibers and the fabric used in automobiles. These are the textile used in automobiles for interior trim and for ensuring comfort as well as for reinforcement. These textiles must be tested against abrasion resistance, tensile strength among others. These textiles are used in the automotive industry from light vehicles to heavy duty vehicle.
Factors such as prevailing demand for safety devices in vehicles like airbags and seat belts and growing disposable income of consumers and living standards are the root cause fueling up the automotive textiles market growth rate. Additionally, the consumer’s lifestyle is improving day by day which is resulting into higher demand of personal vehicles will also directly and positively impact the growth rate of the automotive textiles market. However, surge in raw material such as synthetic leather, natural leather and PVC and high cost of production of these textile derail growth of the automotive textiles market.
Research and development initiatives in developing novel and superior quality textile product pose as a major challenge to the growth of the automotive textiles market. Safety related standards pose as challenge for the market’s growth.
This automotive textiles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on automotive textiles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Textiles Market Scope and Market Size
The automotive textiles market is segmented on the basis of raw materials, product type, vehicle type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of raw materials, the automotive textiles market is segmented into polyamide, polyester, acrylic, polyethylene and others.
- On the basis of product type, the market is segmented into woven, non-woven and composites.
- On the basis of vehicle type, the automotive textiles market is segmented into passenger cars, low commercial vehicles, heavy trucks, buses and coaches.
- On the basis of application, the automotive textiles market is segmented into upholstery, floor covering, tires, airbags and others.
Automotive Textiles Market Country Level Analysis
The automotive textiles market is analyzed and market size, volume information is provided by raw materials, product type, vehicle type and application as referenced above.
The countries covered in the automotive textiles market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia Pacific is estimated to dominate the automotive textiles market due to heavy investments in automobiles, increasing income levels, and growing consumer spending within the region. On the other hand, North America will continue to show lucrative growth within the forecast period due to the stringent automotive regulations and standards regarding the usage of airbags and safety belts by and technological developments in the automotive market.
The country section of the automotive textiles market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Textiles Market Share Analysis
The automotive textiles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive textiles market.
The major players covered in the automotive textiles market report are Trevira GmbH, DuPont, Sage Automotive Interiors, Baltex, Reliance Industries Limited, Auto Textile S.A, SMS Auto Fabrics, Autoliv Inc., Lear Corporation, Johnson Controls, ACME, AUNDE FAZE THREE Autofab Limited, Borgers SE & Co. KGaA, TOYOTA BOSHOKU CORPORATION, Elevate Textiles, Inc., Autotech Nonwovens Pvt Ltd., Suminoe Textile Co. Ltd, CMI Enterprises among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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