Insights on the Global Automotive Interior Trim Market to 2028 | Industry Statistics, Emerging Demands, Forecast to 2028

The global automotive interior trim market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). The automotive interior trim is aimed at making the inside of the car into a comfortable and warm environment. Some of the trim may include a leather steering wheel, door lining, car roof lining decorations, seat trim, or a sun visor mirror. The market growth is majorly attributable to the introduction of new technologies that aim to lighten the weight of the overall vehicle. This is further due to the growing concerns of automobile sector to lower the vehicle emissions. The Original Equipment Manufacturers (OEMs) are working to produce technologically innovative and lightweight car components that will meet the new emission criteria. Hence, Adient, one of the suppliers had been focusing on providing and developing lightweight interior solutions. For instance, in January 2018, Adient unveiled lightweight solutions for seat structures at the North American International Auto Show (NAIAS).

The market growth is also attributed to the growing use of polyvinyl chloride (PVC) in making vehicle doors and instrument panels. Acrylonitrile butadiene styrene (ABS) is often used in dashboards and has a very low production cost as well. OEMs have also been using different finishes for dashboards and seats of vehicles, depending on the segment of the vehicle. In cost-sensitive automotive markets, OEMs prefer low-cost plastics and finishing in interiors. Whereas the manufacturers of premium cars opt for high quality plastics and finishes. This broad range of options for suppliers as well as OEMs is projected to drive the global automotive interior trim market.

 

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Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered-
    • By Material Type
    • By Application
  • Regions covered-
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
  • Competitive Landscape:Johnson Controls, Inc., Faurecia, and Aptiv plc, among others.

 

A full report is available at: https://orionmarketreports.com/global-automotive-interior-trim-market/102694/ 

 

Global Automotive Interior Trim Market Report by Segment

By Material Type

  • Fabrics
  • Leather
  • Thermoplastic Polymer
  • Others

By Application

  • Passenger Cars
  • Commercial Vehicles

 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

 

 

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