(MENAFN- The Expresswire) Global Automotive Textiles Market – Industry Trends and Forecast to 2026
Posted on Jan 10 2020 8:12 PM
"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"
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
Request Sample Pages @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-automotive-textiles-market & KP
Market Analysis: Global Automotive Textiles Market Global 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.
Market Definition: Global Automotive Textiles Market 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
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
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
Segmentation: Global Automotive Textiles Market By Raw Materials
- Polyamide
- Polyester
- Acrylic
- Polyethylene
- Others
By Product Type
- Woven
- Non-Woven
- Composites
By Vehicle Type
- Passenger Cars
- Low Commercial Vehicles
- Heavy Trucks
- Buses
- Coaches
By Application
- Upholstery
- Floor Covering
- Tires
- Airbags
- Others
By Geography
- North America
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Malaysia
- Indonesia
- Thailand
- Philippines
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Egypt
- Saudi Arabia
- United Arab Emirates
- Israel
- Rest of Middle East and 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
Inquire Before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-automotive-textiles-market & KP
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 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.
Research Methodology: Global Automotive Textiles Market Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
About Data Bridge Market Research:
-
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
MENAFN11012020007010663ID1099536176
-MENAFN11012020007010663ID1099536176-->
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.