Global Automotive Upholstery market accrued earnings worth approximately 7.84 (USD Billion) in 2019 and is set to record a CAGR of about 6.77% over the period from 2020 to 2026.
New York, United States - October 28, 2020 /MarketersMedia/ —
According to forecasters at Zion Market Research, the global automotive upholstery market was capitalized at USD 7.84 billion in 2019 and is expected to advance at a CAGR of about 6.77% during the forecasted period (2020–2026). A noteworthy surge in the number of automobiles in the past few years has the key aspects estimated to boost the growth of the automotive upholstery market globally. The surging trend of custom-built upholstery and other interior items is estimated to present growth prospects for the market players in the future. In addition, technological advancements & innovations in the field are expected to aid the market contenders in developing their product portfolio globally.
Some of the key players in the market are Borgers Se & Co. KGaA, Martur Automotive Seating Systems, Toyota Boshoku Corporation, Acme Mills Company, Grupo Antolin Irausa, S.A., Grammer AG, Haartz Corporation, Faurecia S.A., Sage Automotive Interiors, Adient PLC, Lear Corporation, and Seiren Co., Ltd. These players are anticipated to focus on the advancement of new products and modernization, which will aid them in expanding their product portfolio and attract consumers around the world.
Rising Use Of Non-Woven Fabrics To Boost Global Automotive Upholstery Market
The surging utilization of non-woven fabrics is estimated to augment the development of the global market in the future. Moreover, the investment capacity of customers has induced a higher demand for vehicles, which is expected to augment market growth in the future. On contrary, the changing costs of raw materials and the stringent administrative rules & regulations for decreasing HAPs (hazardous air pollutants) emissions are likely to curb the expansion of the global automotive upholstery market in the future.
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The global automotive upholstery market is bifurcated on the basis of material, fabric type, vehicle type, integrated technology, application, and regional analysis. Based on the material, the market is divided into automotive textiles, plastic, leather, synthetic rubber, smart fabrics, and thermoplastic polymers. Based on the fabric type, the market is divided into woven and non-woven. Based on the vehicle type, the market is divided into commercial vehicle and passenger vehicle. Based on the integrated technology, the market is divided into smart seats, conventional, and ventilated. Based on the application, the market is divided into dashboards, carpets, seat covers, roof liners, trunk liners, and sun visors.
The North America Region Will Witness Major Share In The Global Automotive Upholstery Market
Based on the geographical analysis, the global automotive upholstery market is divided into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. The North America region is anticipated to contribute to a major share in the global automotive upholstery market in the future. The surging number of automobiles across this region is one of the main factors likely to boost the growth of North America in the coming few years.
The global automotive upholstery market is segmented as follows:
By materials:
Automotive Textiles
Synthetic Rubber
Leather
Plastic
Smart Fabrics
Thermoplastic Polymers
By fabric type:
Woven
Non-Woven
By vehicle type:
Passenger Vehicle
Commercial Vehicle
By integrated technology:
Ventilated
Conventional
Smart Seats
By application:
Carpets
Sun Visors
Dashboards
Roof Liners
Seat Covers
Trunk Liners
By region:
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Browse TOC of this Report @ https://www.zionmarketresearch.com/toc/global-automotive-upholstery-market
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