Automotive Fabric Market

The global Automotive Fabric market was valued at 220.09 Million USD in 2021 and will grow with a CAGR of 4.01% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of Automotive Fabric Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Fabric Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Automotive fabrics are woven, nonwoven, knitted, coated, or composite fabrics that are flexible, elastic, soft, and lightweight in design. These fabrics provide seating comfort. The global automotive fabric market is driven by technology developments in advanced fabric materials, which are known to provide superior comfort qualities vis-?-vis Composites. The global automotive fabric market is driven by the rise in consumer demand for comfort. Increase in disposable incomes allows consumers to afford high-end luxury cars. Technological advancements in automotive fabric materials allows lower range cars to be optionally fitted with quality fabrics. These factors are estimated to boost the global automotive fabric market in the next few years. Increase in manufacture of passenger cars is also augmenting the global automotive fabric market.The global Automotive Fabric market is projected to witness high growth on account of the rising automobile production particularly in Asian countries such as India, China, Indonesia, and Thailand. In addition, increasing penetration of technical textiles in the automotive industry to cater to high performance applications is also expected to drive the global demand. R&D initiatives to develop novel as well as superior quality textile products are presumed to have a positive impact on the market growth. On the regulatory front, directives related to safety standards and emission control is anticipated to critically affect the global market. Numerous passengers` safety related regulations are presumed to fuel the demand for Automotive Fabric for the production of airbags and seat belts. Euro VI petrol and diesel standard norms that regulate heavy and light vehicles are expected to increase the usage of textile in the automotive filters. Woven type segment had dominated the Automotive Fabric market with over 39% of the total market in 2017. In 2017, Upholstery application segment witnessed the highest penetration, accounting for over 47.5% of the overall Automotive Fabric demand and is expected to show a similar trend shortly.

By Market Verdors:

Adient

Grupo Antolin

Toyota Boshoku

Lear

Shanghai Shenda

Hayashi?Telempu

Autoneum

Suminoe Textile

Sage Automotive Interiors

Motus Integrated

UGN

Kuangda Technology

HYOSUNG

Freudenberg

Seiren

Toyobo

Faurecia

STS Group

SRF

AGM?Automotive

By Types:

Woven

Nonwoven

Composites

By Applications:

Upholstery

Floor Covering

Airbag

Safety Belt

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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To understand the most affecting driving and restraining forces in the market and its impact in the global market.

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To understand the future outlook and prospects for the market.

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