Automotive Interior Material Market: North America Region Is Projected to Account 15% Industry Share By 2026

The North America automotive interior material market is likely to hold a market share of more than 15% by the end of the projected time period. This growth is ascribed to the well-established automotive sector in the region. North America has a strong presence of vehicle producers along with world class manufacturing facilities, which should favor the regional market expansion. Moreover, an upsurge in the demand for sports as well as luxury cars and rising vehicle modification activities should further bolster the regional product outlook.

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Increasing demand for passenger cars across the world is slated to propel automotive interior material market growth over the coming years. These rising passenger vehicle sales can be ascribed to increasing urbanization, strong economic development, and growing disposable income of the middle-class population across developed and developing countries. Additionally, increasing emphasis on fuel usage optimization by reducing overall vehicles weight would further stimulate the market outlook.

In addition, new modifications to automotive interiors that help the driver control the car more conveniently would foster the market size. In fact, according to Driving Vision News, integration of advanced ADAS systems that bring features like driver monitoring, feedback, and alert to the car are transforming the automotive interiors industry landscape. With complex systems like these bringing more weight to the vehicle, the demand for more modern, innovative, and lightweight interior materials is slated to go up tremendously.

The leather upholstery material segment is expected to observe a tremendous growth rate owing to the rising demand for premium luxury vehicles. In fact, the segment is projected to expand at a significant CAGR of more than 3.5% through the forecast timespan. Several types of leather combinations offer manufacturers with numerous options to design vehicle interiors from an aesthetical perspective. With vehicle customization in high demand, material sales are projected to improve as companies integrate customizable leather interior options in their product portfolios.

The competitive landscape of the automotive interior material market is inclusive of players such as Covestro AG, Huntsman International, Dow Chemical Company, Trinseo S.A., Borealis AG Toray Industries, Inc., Continental AG, Sumitomo Chemical Company, Stahl Holdings B.V., Hexcel Corporation, Arkema, BASF SE, Saudi Basic Industries Corporation (SABIC), UFP Technologies, and Evonik Industries AG among others.

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Some Point from Table of Contents:

Chapter 5. Automotive Interior Material Market, By Application

5.1.    Global automotive interior material market application insights

5.2.    Consoles & dashboards

5.2.1. Market estimates and forecasts, 2016 - 2026

5.2.2. Market estimates and forecast, by region, 2016 - 2026

5.3.    Doors

5.3.1. Market estimates and forecasts, 2016 - 2026

5.3.2. Market estimates and forecast, by region, 2016 – 2026

5.4.    Seats

5.4.1. Market estimates and forecasts, 2016 - 2026

5.4.2. Market estimates and forecast, by region, 2016 – 2026

5.5.    Steering wheels

5.5.1. Market estimates and forecasts, 2016 - 2026

5.5.2. Market estimates and forecast, by region, 2016 – 2026

5.6.    Floor carpets

5.6.1. Market estimates and forecasts, 2016 - 2026

5.6.2. Market estimates and forecast, by region, 2016 – 2026

5.7.    Others

5.7.1. Market estimates and forecasts, 2016 - 2026

5.7.2. Market estimates and forecast, by region, 2016 - 2026

Chapter 6. Automotive Interior Material Market, By Vehicle

6.1.    Global automotive interior material market vehicle insights

6.2.    Passenger cars

6.2.1. Market estimates and forecasts, 2016 - 2026

6.2.2. Market estimates and forecast, by region, 2016 - 2026

6.3.    LCV

6.3.1. Market estimates and forecasts, 2016 - 2026

6.3.2. Market estimates and forecast, by region, 2016 – 2026

6.4.    HCV

6.4.1. Market estimates and forecasts, 2016 - 2026

6.4.2. Market estimates and forecast, by region, 2016 - 2026

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