The global automotive interior materials market is anticipated to grow at a CAGR of 4.1% during the forecast period. In recent years travelling among people is becoming common, which resulted in the increased expectation of automotive interior designs with comfortable seating. Hence, the key companies in the market are offering customizations to create innovative interiors as per the demand of the customer. For instance, in August 2020, DC2, DC Design, does car modifications and lounge transformations on the interiors of cars have launched a new custom interior package specifically for the Toyota Innova and the Fortuner.
Furthermore, another factor propelling the market growth includes the growing demand for eco-friendly automotive interiors. The changing customer requirements are pushing automotive interior materials players to come up with innovations that are supporting the market growth during the forecast period. For instance, in January 2021, BMW starts producing ECONYL yarns to make its headliners and floor mats for the BMW i3, BMW iX and other models. ECONYL nylon is made from old fishing nets and other nylon waste. Adding on Compared to petroleum-based nylons, manufacturing nylon from recycled materials produces 90% less CO2.
Apart from this, many other companies are also launching recycled eco-friendly automotive interiors. For instance, in september 2020, Jaguar Land Rover (JLR), uses Econyl nylon for floor mats and other trim. This material is made from recycled industrial plastic, fabric offcuts from clothing manufacturers and abandoned fishing nets recovered from the ocean. Additionally, Mercedes-Benz also uses Econyl in the floor mats of the new S-Class and claims that it reduces emissions in production by 90%. This adoption of eco-friendly automotive interiors, fuels the overall automotive interior materials market.
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Market Coverage
- The market number available for – 2021-2030
- Base year- 2023
- Forecast period- 2023-2030
Segment Covered-
- By Vehicle Types
- By Types
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Sage Automotive Interiors, Inc., Saudi Basic Industries Corp (SABIC), Seiren Co., Ltd., Stahl Holdings B.V., Toray Industries Inc., Toyota Boshoku Corp., UFP Technologies, Inc. and others.
Automotive Interior Materials Market Report Segment
By Vehicle Types
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Types
- Polymers
- Leather (Pure and Synthetic)
- Fabric
- Others (Wood, Rubber)
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Automotive Interior Materials Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Arkema S.A
- BASF SE
- Benecke-Kaliko AG
- DK Leather Corp.
- Dow Inc.
- Evonik Industries AG
- Faurecia S.A.
- Grupo Antolin-Irausa, S.A.
- GST AutoLeather, Inc.
- Hexcel Corp.
- Huntsman International LLC.
- Lear Corp.
- Sage Automotive Interiors, Inc.
- Saudi Basic Industries Corp (SABIC)
- Seiren Co., Ltd.
- Stahl Holdings B.V.
- Toray Industries Inc.
- Toyota Boshoku Corp.
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