Demand for eco-friendly materials, especially from emerging countries, and strict fuel economy norms drive the growth of the automotive interior materials market. The recycling and recovery of end-of-life vehicles, which involves recovery targets of 85%, drive the automotive industry to adopt lightweight materials to meet these recovery targets. However, high cost of pure leather due to demand–supply gap is expected to restrict the market growth in future. Technological developments in production processes of automotive interior materials are expected to reduce cost of production and lead to superior sustainability, leading to improvement in performance efficiency.
The global automotive interior materials market is segmented based on type, vehicle, and geography. The type segment is classified into plastics, metals, fabrics, leather, composites, and others. Plastics are further segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), polycarbonate (PC), and others, whereas metals include steel, aluminum, and others. Genuine and synthetic leather constitute the leather segment. Composites are bifurcated into glass fiber reinforced plastic (GFRP) and carbon fiber reinforced plastic (CFRP), while glass, wood, and rubber are some of the other materials utilized. Based on vehicle type, the market is divided into passenger, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
In 2015, it occupied the largest market share, followed by North America, due to major growth in the automotive industry for a decade. Asia-Pacific is expected to dominate the global market by 2022, witnessing substantial growth in widely populated countries such as India, China, and Indonesia.
The prominent players in the global automotive interior materials market have strategically focused on product launches as their key strategy to gain significant market share.
The key players profiled in the report are as follows:
Borgers SE & Co. KGaA
Dow Chemical Company
DK-Schweizer Co., Ltd.
Eagle Ottawa LLC
E.I. du Pont de Nemours & Co.
Faurecia Automotive GmBh.
Johnson Controls, Inc.
Katzkin Leather, Inc.
Sage Automotive Interiors, Inc.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an extensive analysis of the current trends and emerging estimations & dynamics in the automotive interior materials market.
In-depth analysis of automotive interior materials market size is conducted and estimations for key segments between 2014 and 2022 are provided.
Competitive intelligence (of leading manufacturers and distributors of automotive interior materials) helps understand the competitive scenario across the geographies.
Global automotive interior materials industry analysis for factors that drive and restrain the growth of the market are provided.
Automotive interior materials industry analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Automotive interior materials market share for all segments with respect to each geography is detailed in the report, which helps in understanding the trends in the industry at granular level.
Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the automotive interior materials industry trends.
KEY MARKET SEGMENTS
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
Other players in the value chain include
Bayerische Motoren Werke AG
Delphi Automotive Plc Grammer AG
Grupo Antolin-Irausa SA
Stahl Holdings BV
Technical Textile Services Ltd.
Toyota Boshoku Corporation
Toyoda Gosei Co., Ltd.
ZF Friedrichshafen AG
*Profiles of these players are not included in the report, but can be included on request.
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.2.3. Top Player Positioning
3.3. PATENT ANALYSIS
3.3.1. Patent Analysis By Year
3.3.2. Patent Analysis By Company
3.3.3. Patent Analysis By Region
3.3.4. Patent Analysis By Product
3.4. PORTERS FIVE FORCES ANALYSIS
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitutes
3.4.4. Threat of New Entrants
3.4.5. Competitive Rivalry
3.5. MARKET DYNAMICS
22.214.171.124. Environment friendly materials for growing transportation sector
126.96.36.199. Demand for lightwieght materials
188.8.131.52. Price increase for genuine leather
184.108.40.206. Regulations concerning synthetic leather
220.127.116.11. Technolgical developments in production processes
CHAPTER 4 GLOBAL AUTOMOTIVE INTERIOR MATERIALS MARKET, BY TYPE
4.1.1. Market Size And Forecast
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast
18.104.22.168. By Geography
22.214.171.124. By Type
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast
126.96.36.199. By Geography
188.8.131.52. By Type
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast
184.108.40.206. By Geography
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast
220.127.116.11. By Geography
18.104.22.168. By Type
4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast
22.214.171.124. By Geography
126.96.36.199. By Type
4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast
188.8.131.52. By Geography
CHAPTER 5 GLOBAL AUTOMOTIVE INTERIOR MATERIALS MARKET, BY VEHICLE
5.1.1. Market Size and Forecast
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size and Forecast
184.108.40.206. By Geography
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size and Forecast
220.127.116.11. By Geography
5.4.1. Key Market Trends, Growth Factors And Opportunities
5.4.2. Market Size and Forecast
18.104.22.168. By Geography
CHAPTER 6 GLOBAL AUTOMOTIVE INTERIOR MATERIALS MARKET, BY GEOGRAPHY
6.1.1. Market Size and Forecast
6.2. NORTH AMERICA
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
22.214.171.124. By Type
126.96.36.199. By Vehicle
188.8.131.52. By Country
6.3.1. Market Size and Forecast
184.108.40.206. By Type
220.127.116.11. By Vehicle
6.4.1. Market Size and Forecast
18.104.22.168. By Type
22.214.171.124. By Vehicle
6.5.1. Market Size and Forecast
126.96.36.199. By Type
188.8.131.52. By Vehicle
6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Size and Forecast
184.108.40.206. By Type
220.127.116.11. By Vehicle
18.104.22.168. By Country
6.7.1. Market Size and Forecast
22.214.171.124. By Type
126.96.36.199. By Vehicle
6.8.1. Market Size and Forecast
188.8.131.52. By Type
184.108.40.206. By Vehicle
6.9.1. Market Size and Forecast
220.127.116.11. By Type
18.104.22.168. By Vehicle
6.10.1. Market Size and Forecast
22.214.171.124. By Type
126.96.36.199. By Vehicle
6.11.1. Market Size and Forecast
188.8.131.52. By Type
184.108.40.206. By Vehicle
6.12. REST OF EUROPE
6.12.1. Market Size and Forecast
220.127.116.11. By Type
18.104.22.168. By Vehicle
6.13.1. Key Market Trends, Growth Factors and Opportunities
6.13.2. Market Size and Forecast
22.214.171.124. By Type
126.96.36.199. By Vehicle
188.8.131.52. By Country
6.14.1. Market Size and Forecast
184.108.40.206. By Type
220.127.116.11. By Vehicle
6.15.1. Market Size and Forecast
18.104.22.168. By Type
22.214.171.124. By Vehicle
6.16.1. Market Size and Forecast
126.96.36.199. By Type
188.8.131.52. By Vehicle
6.17. REST OF ASIA-PACIFIC
6.17.1. Market Size and Forecast
184.108.40.206. By Type
220.127.116.11. By Vehicle
6.18.1. Key Market Trends, Growth Factors and Opportunities
6.18.2. Market Size and Forecast
18.104.22.168. By Type
22.214.171.124. By Vehicle
126.96.36.199. By Country
6.19.1. Market Size and Forecast
188.8.131.52. By Type
184.108.40.206. By Vehicle
6.20.1. Market Size and Forecast
220.127.116.11. By Type
6.21. SOUTH AFRICA
6.21.1. Market Size and Forecast
18.104.22.168. By Type
22.214.171.124. By Vehicle
6.22. REST OF LAMEA
6.22.1. Market Size and Forecast
126.96.36.199. By Type
188.8.131.52. By Vehicle
CHAPTER 7 COMPANY PROFILES
7.1. BASF SE
7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategies and developments
7.2. BENECKE-KALIKO AG
7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategies and developments
7.3. BORGERS SE & CO. KGAA
7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategies and developments
7.4. THE DOW CHEMICAL COMPANY
7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategies and developments
7.5. DK-SCHWEIZER CO.
7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategies and developments
7.6. EAGLE OTTAWA LLC
7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategies and developments
7.7. E.I. DU PONT DE NEMOURS & CO.
7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategies and developments
7.7. FAURECIA AUTOMOTIVE GMBH
7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategies and developments
7.9. JOHNSON CONTROLS, INC.
7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Business performance
7.9.4. Key strategies and developments
7.10. KATZKIN LEATHER, INC.
7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategies and developments
7.11. LEAR CORPORATION
7.11.1. Company overview
7.11.2. Operating business segments
7.11.3. Business performance
7.11.4. Key strategies and developments
7.12. SAGE AUTOMOTIVE INTERIORS, INC.
7.12.1. Company overview
7.12.2. Operating business segments
7.12.3. Business performance
7.12.4. Key strategies and developments
Automotive interior materials are crucial for structural integrity and safety of consumers along with moderating vehicle weight. Global emphasis is being placed on greenhouse gas reduction and fuel efficiency improvement in the transportation sector. Many vehicle manufacturers and suppliers are investing significantly in R&D of lightweight materials and their commercialization to achieve increased market penetration by manufacturing components that maximize the utilization of lightweight materials.
The global automotive interior materials market is driven by the demand for low-emission materials, especially from emerging countries, and stringent fuel economy standards. However, rise in cost of genuine leather, owing to demandsupply gap, and increase in regulations concerning synthetic leather are expected to restrain the market growth in the coming years. Thus, introduction of environment-friendly production processes is expected to offer lucrative opportunities for market players.
Composites is expected to maintain its domince in the global automotive interior materials market during the forecast period. This segment held more than half of the market share in 2015, in value terms, owing to increase in demand for lower emission components in the automotive industry worldwide. In addition, the introduction of new production processes and component features is expected to fuel the growth of this segment during the forecast period.
Passenger vehicles domited the global market, with nearly three-fourth share, in terms of volume, in 2015. Increase in demand for lighter and aesthetic automotive designs across segments, such as LCV and HCV, is anticipated to drive the market growth.
Key findings and Automotive Interior Materials Market
In terms of value, plastics segment is expected to grow at a CAGR of 6.7% during the forecast period.
Italy is estimated to be the fastest growing country, globally, for 2016-2022, growing at a CAGR of 12.6%, in terms of value.
Passenger vehicles approximately occupied more than three-fourths of the global market share in 2015, in value terms.
Chi occupied approximately half of the Asia-Pacific automotive interior materials market in 2015, and is expected to grow at a significant CAGR of 7.7%, in terms of value.
In 2015, Asia-Pacific and North America collectively accounted for nearly three-fourths of the market, though Europe is expected to overtake North America during the forecast period. High growth rates in Italy, France, Spain, and UK, is estimated to drive this development.
The major companies profiled in the report include BASF SE, Benecke-Kaliko AG, Borgers SE & Co. KGaA, Dow Chemical Company, DK-Schweizer Co., Ltd., Eagle Ottawa LLC, E.I. du Pont de Nemours & Co., Faurecia Automotive GmBh., Johnson Controls, Inc., Katzkin Leather, Inc., Lear Corporation, and Sage Automotive Interiors, Inc.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.