DUBLIN–(BUSINESS WIRE)–The “Automotive Fabrics Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global automotive fabrics market reached a value of US$35.3 billion in 2021. Looking ahead, the publisher expects the market to reach US$45.2 billion by 2027, posting a CAGR of 4.10% in 2022-2027.
Acme Mills Company
Asahi Kasei Society
BOXMARK Leather GmbH & Co KG
Kyowa Leather Cloth Co.Ltd.
Moriden America Inc.
Navbharat Textile Industries
Parishudh Fibers Pvt. ltd.
Suminoe Textile Co.Ltd.
Uniroyal LLC Engineered Products.
Keeping in mind the uncertainties of COVID-19, they continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor
Automotive fabrics are antibacterial, antistatic, chemical and ultraviolet (UV) resistant, flame retardant, insect repellent and odor absorbent. They can withstand extreme conditions and help protect different items in a car, such as seat belts, filters, seat pockets and covers. They also help protect the internal coatings of doors, floors and roofs from stains, moisture, chemicals and wear. Currently, they are widely available in a wide range of customizable options and sizes depending on the type of vehicles, ranging from wagons to boats and ships.
One of the major drivers of the market is rising passenger car sales owing to improved personal disposable income and improved road infrastructure in many countries. Moreover, due to the increasing number of road accidents, there is an increase in the demand for automotive fabrics across the world to improve the quality, safety and performance of vehicles.
Additionally, the growing adoption of electric vehicles (EVs) is propelling the demand for automotive fabrics that provide noise, vibration, and temperature control. Apart from this, government agencies in various countries are implementing strict policies to promote vehicle fuel efficiency.
As a result, automotive original equipment manufacturers (OEMs) rely on innovative fabrics to reduce weight and emissions, increase fuel efficiency, and improve overall vehicle safety. In addition to this, major market players are introducing a robust product portfolio of advanced hardware solutions that are cost-effective and multi-functional. In addition, they integrate cutting-edge technological solutions to manufacture high-performance and complex structures. This, in conjunction with the growing demand for luxury vehicles, is expected to create a positive influence on the market
Answers to key questions in this report:
How has the global automotive fabrics market behaved so far and how will it behave in the coming years?
What has been the impact of COVID-19 on the global automotive fabrics market?
What are the main regional markets?
What is the market breakdown by fabric type?
What is the market breakdown by type of vehicle?
What is the market breakdown by application?
What are the different stages of the industry value chain?
What are the key drivers and challenges in the industry?
What is the structure of the global automotive fabrics market and who are the major players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Automotive Fabrics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Fabric Type
7 Market Breakdown by Vehicle Type
8 Market Breakdown by Application
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
14 Competitive Landscape
For more information on this report, visit https://www.researchandmarkets.com/r/noulw1