Automotive Textiles Market Future Scope, Development, Revenue and Growth Factors up to 2027


Posted January 18, 2022 by chitinsalian

Automotive textiles market is expected to rise to an estimated to register a substantial CAGR in the forecast period of 2019-2026.

 
Automotive textiles market is expected to rise to an estimated to register a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the increasing preference of upgrading the interior ambience of the vehicles.

An automotive textile includes various types of textile components including fibers, filaments and the fabric used in automobiles. These are the textile used in the automotive industry mainly in the car interior. Most of the textiles are used in seat upholstery, belts, cladding, airbags, and numerous other applications. These textiles must be tested against abrasion resistance, tensile strength among others. These textiles are used in the automotive industry from light vehicles to heavy duty vehicle

Global Automotive Textiles Market By Raw Materials (Polyamide, Polyester, Acrylic, Polyethylene and Others), Product Type (Woven, Non-Woven and Composites), Vehicle Type (Passenger Cars, Low Commercial Vehicles, Heavy Trucks, Buses, and Coaches), Application (Upholstery, Floor Covering, Tires, Airbags and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Market Restraints:
Surge in raw material such as synthetic leather, natural leather and PVC can hamper the market growth
High cost of production of these textile will also impede the market Regulatory and safety related standards can restrict the market growth

Market Drivers:
Prevailing demand of safety devices in vehicles like airbags and seat belts are another factor uplifting the market growth
The consumer’s lifestyle is improving day by day which is resulting into higher demand of personal vehicles; this factor will boost the market growth
R&D initiatives in developing novel and superior quality textile product will also enhance this market growth in the forecast period
Growing disposable income of consumer and living standard also acts as a market driver

Segmentation: Global Automotive Textiles Market:
By Product Type:
Woven
Non-Woven
Composites

By Vehicle Type:
Passenger Cars
Low Commercial Vehicles
Heavy Trucks
Buses
Coaches

By Raw Materials:
Polyamide
Polyester
Acrylic
Polyethylene
Others

By Application:
Upholstery
Floor Covering
Tires
Airbags
Others

Competitive Analysis:
Global automotive textiles market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive textiles market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Developments in the Market:
In March 2019, Welspun India launched latest innovation FibroSplit Composite Fabric, during the IDEA19 exhibition in Miami. It will help the company to expand its product portfolio and business. The product is designed to withstand over 20 washes and also provides a competitive alternative to microfiber based nonwoven and fabrics. This launch will enhance the company’s product portfolio in the market
In March 2018, Adient and Arvind entered into a joint venture which will develop, manufacture and sell automotive fabrics in India. The partnership will provide the innovative automatic fabrics to Indian market. The new company will provide innovative solutions and product quality in fabrics delivering new levels of comfort, design and aesthetic variety. This partnership will also leverage Adient’s market presence with Arvind’s textile providing high quality automotive seating solutions

Key Market Competitors:
Few of the major competitors currently working in the global automotive textiles market are Trevira GmbH, DuPont, Sage Automotive Interiors, Baltex, Reliance Industries Limited, Auto Textile S.A, SMS Auto Fabrics, Autoliv Inc., Lear Corporation, Johnson Controls, ACME, AUNDE FAZE THREE Autofab Limited, Borgers SE & Co. KGaA, TOYOTA BOSHOKU CORPORATION, Elevate Textiles, Inc., Autotech Nonwovens Pvt Ltd., Suminoe Textile Co. Ltd, CMI Enterprises among others.

Table of Content:
Market Overview: The report begins with this section where product overview and highlights of product and application segments of the Automotive Textiles Market are provided. Highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
Competition by Company: Here, the competition in the Worldwide Automotive Textiles Market is analyzed, by price, revenue, sales, and market share by company, market rate, competitive situations Landscape, and latest trends, merger, expansion, acquisition, and market shares of top companies.
Company Profiles and Sales Data: As the name suggests, this section gives the sales data of key players of the Automotive Textiles Market as well as some useful information on their business. It talks about the gross margin, price, revenue, products, and their specifications, type, applications, competitors, manufacturing base, and the main business of key players operating in the Automotive Textiles Market.
Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the Automotive Textiles Market is deeply analyzed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.
Application or End User: This section of the research study shows how different end-user/application segments contribute to the Automotive Textiles Market.
Market Forecast: Here, the report offers a complete forecast of the Automotive Textiles Market by product, application, and region. It also offers global sales and revenue forecast for all years of the forecast period.
Research Findings and Conclusion: This is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.

Reasons for Buying this Global Automotive Textiles Market Report:
Laser Capture Global Automotive Textiles Market report aids in understanding the crucial product segments and their perspective.
Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Global Automotive Textiles Market industry.
Even the Laser Capture Global Automotive Textiles Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.
This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Capture Global Automotive Textiles Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Automotive Textiles Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model.

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Last Updated January 18, 2022