Market Research Automotive Interior Materials Market
Automotive Interior Materials Market -
Insights, Size, Share, and Industry Forecast
till 2025
Automotive Interior Materials Market report categorizes the
global market by Material (Synthetic Leather, Pure Leather,
Fabrics,
and
Thermoplastic
Polymers),
Vehicle
Type,
Component, and Geography - Insights, Size, Share, Opportunity
Analysis, and Industry Forecast till 2025
The global automotive interior materials market was valued at US$ 61.69 billion in 2016, and
is slated to reach US$ 117.59 billion by 2025. The market is expected to exhibit a CAGR of
7.51% over the forecast period.
The demand for premium automotive interiors is increasing worldwide and this is driving
growth of automotive interior materials market. The demand for premium grade interiors with
superior aesthetic appeal and tactile experience, even for non-premium cars from consumers is
increasing. Therefore, counterfeit products, mostly of low-quality, made from plastic are
introduced in the market by certain local players to meet the rising demand. Volvo develops
new designs that exhibit a technological edge over its competitors at its R&D center in
Shanghai, China.