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Automotive Fabrics - Global Market Trajectory & Analytics

  • ID: 4804416
  • Report
  • April 2021
  • Region: Global
  • 294 pages
  • Global Industry Analysts, Inc
Global Automotive Fabrics Market to Reach $36.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Automotive Fabrics estimated at US$31.6 Billion in the year 2020, is projected to reach a revised size of US$36.3 Billion by 2027, growing at a CAGR of 2% over the analysis period 2020-2027. Passenger Cars, one of the segments analyzed in the report, is projected to record a 2.1% CAGR and reach US$26.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Light Commercial Vehicles segment is readjusted to a revised 1.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $8.6 Billion, While China is Forecast to Grow at 3.8% CAGR

The Automotive Fabrics market in the U.S. is estimated at US$8.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2027 trailing a CAGR of 3.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.3% and 1.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR.

Heavy Trucks Segment to Record 1.5% CAGR

In the global Heavy Trucks segment, USA, Canada, Japan, China and Europe will drive the 1.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.7 Billion in the year 2020 will reach a projected size of US$1.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.9 Billion by the year 2027, while Latin America will expand at a 2.2% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Acme Mills
  • Adient PLC
  • BMD Private Limited
  • Borgers SE & Co. KGaA
  • Chori Co., Ltd.
  • Cmi Enterprises Inc.
  • Grupo Antolin-Irausa SA
  • Heathcoat Fabrics Limited
  • Lear Corporation
  • Martur Automotive Seating Systems
  • Moriden America Inc.
  • Sage Automotive Interiors, Inc.
  • Seiren Co., Ltd.
  • SRF Ltd.
  • Suminoe Textile Co., Ltd.
  • Takata Corporation
  • Tb Kawashima Co., Ltd.
  • Tenowo GmbH
  • Toyota Boshoku Corporation
  • Trevira GmbH
  • Uniroyal Engineered Products LLC.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Automotive Fabric: An Insight
  • Increasing Demand for Passenger Cars and Commercial Vehicles: A Major Growth Driver
  • Exhibit 1: Global Automobile Production: Breakdown in Million of Units for the Years 2012, 2014, 2016, 2018 and 2020
  • Exhibit 2: Global Light Weight Vehicle Production: Breakdown in Units by Region for the Years 2017, 2019, 2021, 2023 and 2025
  • Rising Safety Measures in Automotive Industry Drives Demand for Seat Belts and Airbags, Resulting in Automotive Fabric Market Growth
  • Exhibit 3: Traffic-Related Deaths in the US for the Years 2010 through 2018
  • Exhibit 4: Global Average Road Fatalities per 100,000 People for Select Countries
  • Exhibit 5: Global Seat Belts Market: Breakdown of Revenues in US$ Million for the Years 2017, 2019, 2021, 2023 and 2025
  • Airbags to Emerge as the Fastest Growing End-Use Application in Automotive Fabric Market
  • Exhibit 6: Global Automotive Airbag Market: Breakdown of Revenues in US$ Million for the Years 2017, 2019, 2021, 2023 and 2025
  • Floor Coverings Account for Major Share in Automotive Fabrics market
  • Exhibit 7: Automotive Flooring Market in the US: Revenues in US$ Million for the Years 2018, 2020, 2022 and 2024
  • Need for Weight Reduction Amidst Stringent CO2 Emission Regulations in Automotive Industry Propels Demand for Lightweight Fabrics
  • Automotive Fabric: Innovations and Technological Developments
  • Product Overview
  • Automotive Fabric: An Introduction
  • Automotive Fabric by Applications
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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