Automotive Interior Materials Market Overview
The global Automobile Interior Materials Market was estimated at $55.5 billion in 2021 and is expected to increase at a CAGR of 3.98% from 2023 to 2030, reaching $80.6 billion by 2030.
Automotive interior materials are crucial in the manufacture of vehicles. Therefore, the dynamics are closely dependent on the demand and production of vehicles. Additionally, the market for automotive interior materials also depends on government rules and regulations, mainly for the leather industry, pricing, and availability of automotive interior materials. The global market for Automotive Interior Materials is expected to witness robust growth during the forthcoming years. This is mainly due to the growing demand for low-emission materials, mainly in developing countries, and the rising implementation of stringent fuel economy standards across the world.
Growth in demand for vehicles due to the rise in disposable income in developing countries such as India, China, and Brazil is boosting the demand for automotive interior materials. Eventually, it propels the growth of the global Automotive Interior Materials market. Furthermore, the rise in focus on interior compartments of the vehicles and increase in the need to make vehicle interiors comfortable and esthetically pleasing are key factors estimated to drive the growth of the Automotive Interior Materials market. The innovative automotive designs and the substantial rise of the global economy offer several opportunities to market participants for market growth. In addition, the leading players in the global automotive interior materials market boost their presence across the globe by increasing their reach into emerging markets by reducing product costs and setting up production units. These are some key aspects that intensify the growth of the Automotive Interior Materials market.
On the other hand, the increasing cost of genuine leather, because of the demand-supply gap and the increasing number of regulations over the usage of synthetic leather are expected to hamper the market’s growth in the forthcoming years. Besides this, technological progressions in the manufacturing procedures of automotive materials are estimated to support lowering the cost of production and improving performance.
COVID-19 Impact on the Automotive Interior Materials Market The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt on many end-use industries directly affected the chemical demand all around the world.
Automotive Interior Materials Market Segment OverviewBased on Material Type, the Polymers segment is expected to account for the largest share during the forecast period. Polymers are an extensively used type of automotive interior material. Demand is growing for lightweight and durable interior components. These polymers are used for the manufacture of several interior parts, such as dashboards, center consoles, door panels, etc. Furthermore, owing to stringent environmental regulations, automotive companies are focusing on the overall weight reduction of vehicles to minimize carbon emissions, hence boosting the demand for polymers in the automotive interiors materials market.
Automotive Interior Materials Market, By Material Type
- Fabric
- Leather
- genuine leather
- PU leather
- PVC leather
- Polymers
- Metals
- Others (Wood, etc.)
Automotive Interior Materials Market, By Vehicle Type
- Passenger Vehicles
- compact
- mid-size
- sedan
- sports utility
- luxury
- vans
- multi utility
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Others (Off-Road Vehicles, Etc.)
Automotive Interior Materials Market, By Application
· Upholstery
· Dashboard
· Seats
· Door Panels
· Floor And Roofing
· Seatbelts
· Airbags
· Others
Automotive Interior Materials Regional OverviewIn terms of region, Asia Pacific is the prominent region for the Automotive Interior Materials market. Countries such as Japan, China, South Korea, and India are manufacturing hubs. Consequently, consumption of automotive interior materials is significantly high in these countries. Similarly, Europe is another big market for automotive interior materials, mainly due to the high demand for these materials in automotive production. Besides, the automotive industry in North America has been expanding at a large level. This results in huge demand for automotive interior materials in this region. Further, the market in the Middle East & Africa is also anticipated to show strong growth in terms of consumption of these materials.
Automotive Interior Materials Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Automotive Interior Materials Market Competitor overviewSome key developments and strategies adopted by manufacturers in Automotive Interior Materials are highlighted below.
· In September 2021, Shawmut Corporation, a global manufacturer of advanced materials and a leading global provider of automotive interior fabrics, revealed its premium automotive interior fabric, Neoluxe™. Shawmut will be exhibiting the luxury Neoluxe™ fabric family to some of the world’s leading automotive manufacturers in partnership with the Zettl Group at the 2021 IAA Mobility Conference and Auto Show in Munich, Germany.
Automotive Interior Materials Market, Key Players· FAURECIA AUTOMOTIVE GMBH
· SAGE AUTOMOTIVE INTERIORS, INC.
· LEAR CORPORATION
· BENECKE-KALIKO AG
· JOHNSON CONTROLS, INC.
· EAGLE OTTAWA LLC
· BORGERS SE & CO. KGAA
· DK-SCHWEIZER CO.
· KATZKIN LEATHER, INC.
· E.I. DU PONT DE NEMOURS & CO.
· THE DOW CHEMICAL COMPANY
· BASF SE
List of Figures
Figure 1: Global Automotive Interior Materials Market Revenue Breakdown (USD Billion, %) by Region, 2023-2030
Figure 2: Global Automotive Interior Materials Market Value Share (%), By Segment 1, 2023-2030
Figure 3: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 4: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 5: Global Automotive Interior Materials Market Value Share (%), By Segment 2, 2023-2030
Figure 6: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 7: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 8: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 9: Global Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 10: Global Automotive Interior Materials Market Value Share (%), By Segment 3, 2023-2030
Figure 11: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 12: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 13: Global Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 14: Global Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 15: Global Automotive Interior Materials Market Value (USD Billion), by Region, 2023-2030
Figure 16: North America Automotive Interior Materials Market Value Share (%), By Segment 1, 2023-2030
Figure 17: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 18: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 19: North America Automotive Interior Materials Market Value Share (%), By Segment 2, 2023-2030
Figure 20: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 21: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 22: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 23: North America Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 24: North America Automotive Interior Materials Market Value Share (%), By Segment 3, 2023-2030
Figure 25: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 26: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 27: North America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 28: North America Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 29: North America Automotive Interior Materials Market Forecast (USD Billion), by U.S., 2021-2030
Figure 30: North America Automotive Interior Materials Market Forecast (USD Billion), by Canada, 2021-2030
Figure 31: Latin America Automotive Interior Materials Market Value Share (%), By Segment 1, 2023-2030
Figure 32: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 33: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 34: Latin America Automotive Interior Materials Market Value Share (%), By Segment 2, 2023-2030
Figure 35: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 36: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 37: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 38: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 39: Latin America Automotive Interior Materials Market Value Share (%), By Segment 3, 2023-2030
Figure 40: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 41: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 42: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 43: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 44: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Brazil, 2021-2030
Figure 45: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Mexico, 2021-2030
Figure 46: Latin America Automotive Interior Materials Market Forecast (USD Billion), by Rest of Latin America, 2021-2030
Figure 47: Europe Automotive Interior Materials Market Value Share (%), By Segment 1, 2023-2030
Figure 48: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 49: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 50: Europe Automotive Interior Materials Market Value Share (%), By Segment 2, 2023-2030
Figure 51: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 52: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 53: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 54: Europe Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 55: Europe Automotive Interior Materials Market Value Share (%), By Segment 3, 2023-2030
Figure 56: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 57: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 58: Europe Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 59: Europe Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 60: Europe Automotive Interior Materials Market Forecast (USD Billion), by U.K., 2021-2030
Figure 61: Europe Automotive Interior Materials Market Forecast (USD Billion), by Germany, 2021-2030
Figure 62: Europe Automotive Interior Materials Market Forecast (USD Billion), by France, 2021-2030
Figure 63: Europe Automotive Interior Materials Market Forecast (USD Billion), by Italy, 2021-2030
Figure 64: Europe Automotive Interior Materials Market Forecast (USD Billion), by Spain, 2021-2030
Figure 65: Europe Automotive Interior Materials Market Forecast (USD Billion), by Russia, 2021-2030
Figure 66: Europe Automotive Interior Materials Market Forecast (USD Billion), by Rest of Europe, 2021-2030
Figure 67: Asia Pacific Automotive Interior Materials Market Value Share (%), By Segment 1, 2023-2030
Figure 68: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 69: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 70: Asia Pacific Automotive Interior Materials Market Value Share (%), By Segment 2, 2023-2030
Figure 71: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 72: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 73: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 74: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 75: Asia Pacific Automotive Interior Materials Market Value Share (%), By Segment 3, 2023-2030
Figure 76: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 77: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 78: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 79: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 80: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by China, 2021-2030
Figure 81: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by India, 2021-2030
Figure 82: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Japan, 2021-2030
Figure 83: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Australia, 2021-2030
Figure 84: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Southeast Asia, 2021-2030
Figure 85: Asia Pacific Automotive Interior Materials Market Forecast (USD Billion), by Rest of Asia Pacific, 2021-2030
Figure 86: Middle East & Africa Automotive Interior Materials Market Value Share (%), By Segment 1, 2023-2030
Figure 87: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 88: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 89: Middle East & Africa Automotive Interior Materials Market Value Share (%), By Segment 2, 2023-2030
Figure 90: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 91: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 92: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 93: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 94: Middle East & Africa Automotive Interior Materials Market Value Share (%), By Segment 3, 2023-2030
Figure 95: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 96: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 97: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 98: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Others, 2021-2030
Figure 99: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by GCC, 2021-2030
Figure 100: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by South Africa, 2021-2030
Figure 101: Middle East & Africa Automotive Interior Materials Market Forecast (USD Billion), by Rest of Middle East & Africa, 2021-2030
List of Tables
Table 1: Global Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 2: Global Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 3: Global Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 4: Global Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Region, 2021-2030
Table 5: North America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 6: North America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 7: North America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 8: North America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 9: Europe Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 10: Europe Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 11: Europe Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 12: Europe Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 13: Latin America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 14: Latin America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 15: Latin America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 16: Latin America Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 17: Asia Pacific Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 18: Asia Pacific Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 19: Asia Pacific Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 20: Asia Pacific Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 21: Middle East & Africa Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 22: Middle East & Africa Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 23: Middle East & Africa Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 24: Middle East & Africa Automotive Interior Materials Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model