A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Automotive
Fabric
Market. The
study, titled “Automotive
Fabric Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
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-à-vis
other materials. 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.
Browse
Market Research Report @
Fabric
(body cloth fabrics, velvet, velour, and tweed), leather (such as
genuine leather, synthetic leather, PU or artificial leather, and
synthetic leather), thermoplastic polymers, and vinyl are the highly
preferred automotive interior materials. Fabrics that are used in
automobiles are generally polyester and rayon blends. Velour is an
expensive fabric, which is used in high-end cars. Vinyl is the ideal
alternative to fabric; it is available in various texture and colors.
Vinyl is affordable and easy to maintain; however, the material gets
heated when exposed to sun. Leather is a popular material used in
automotive interiors. Synthetic leather is a largely used form of
leather, as it is affordable and durable. However, genuine leather is
the most durable form of leather, but it is expensive.
Automotive
fabrics are used in various applications such as upholstery, floor
covering, pre-assembled interior components, tires, airbags, and
safety belts. Floor covering accounted for the major share of the
automotive fabrics market in 2015. The segment is expected to drive
the demand for automotive fabrics due to the increasing usage of
carpets in automobiles. Automotive fabrics used in carpets possess
vibration and noise absorption properties, while being lighter and
cost efficient at the same time. In terms of application, the airbags
segment is expected to witness significant growth in the near future.
Increase in demand for automotive fabric in airbags is driven by the
implementation of stringent government regulations regarding safety
of drivers/passengers. Additionally, automotive manufacturers are
mandated to install safety devices in cars. With technological
innovations, consumers are more inclined toward adopting automotive
safety products in order to ensure safety and comfort.
In
terms of vehicle type, the automotive fabric market can be segmented
into passenger cars, light commercial vehicles, and heavy trucks &
buses. Passenger cars accounted for the major share of the automotive
fabric market in 2015. The segment is estimated to witness
significant growth owing to the increase in usage of these fabrics in
various applications due to their high strength; elongation
capability; and resistance to fire, water, and UV.
Asia
Pacific dominated the automotive fabric market in 2015. Growth of the
automobile sector in Asia Pacific, led by the surge in production of
vehicles in emerging economies of India, China, and Japan, is
anticipated to drive the market in the region in the next few years.
Additionally, establishment of production bases, expansion of
manufacturing facilities, easy availability of raw materials, cheap
labor, and low cost of production are estimated to propel the demand
for automotive fabric in the region. The automotive fabric market in
North America is projected to expand significantly, led by the strong
domestic demand for comfort, safety, and luxury.
Fill
the form for an exclusive sample of this report @
Key
players operating in the automotive fabric market include Lear
Corporation, Adient Plc, and Sage Automotive Interiors Inc.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Us
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Market Research
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