What is Automotive Fabric Market?
Automotive fabrics are the fabrics used for auto upholstery and interiors of the vehicles, which include interior carpets, seat, headliners, dashboard and others. It provides maximum comfort as well as great riding experience to the passenger. It also helps to enhance vehicle safety as well as interior ambiance. It has properties such as cold cracking and UV resistance, easy to clean and high durability. The demand for innovative products creates opportunities in the automotive industry. The increasing penetration of technical textiles in the automotive industry to cater to high-performance applications is expected to drive global demand.
Highlights from Automotive Fabric Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Sage Automotive Interiors Inc. (United States), Lear Corporation (United States), SRF Limited (India), Faurecia S.A. (France), Heathcoat Fabrics Limited (United Kingdom), Acme Mills Company (United States), TWI Ltd. (United Kingdom), Yanfeng Automotive Interiors (United States), The Haartz Corporation (United States) and Tenowo GmbH (Germany) |
Automotive Fabric is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Automotive Fabric market throughout the forecasted period.
Sage Automotive Interiors Inc. (United States), Lear Corporation (United States), SRF Limited (India), Faurecia S.A. (France), Heathcoat Fabrics Limited (United Kingdom), Acme Mills Company (United States), TWI Ltd. (United Kingdom), Yanfeng Automotive Interiors (United States), The Haartz Corporation (United States) and Tenowo GmbH (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Toyota Boshoku Corporation (Japan), Moriden America Inc. (United States), Suminoe Textile Co., Ltd (Japan), J & J Auto Fabrics, Inc. (United States) and Adient Plc (Ireland). Automotive Fabric Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Carpets, Upholstery, Pre-Assembled Interior Components, Safety Belts, Airbags and Others |
Type | Polyester, Vinyl, Leather, Nylon and Others |
Vehicle | Passenger Vehicle,Commercial Vehicle |
On the basis of geography, the market of Automotive Fabric has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Luxurious Vehicles
Market Growth Drivers:
Increased Demand for the Vehicles, Rising Disposable Income of the People in Developing Countries and Increased Adoption of Fabric Material
Challenges:
Fluctuations in the Raw Material Prices
Restraints:
Availability of the Substitutes in the Market
Opportunities:
Growing Automobile Industry Worldwide and Rapid Rate of Urbanization
Key Target Audience
Automotive Fabric Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
Market Leaders & Development Strategies
On 24th July 2018, Asahi Kasei Group has acquired Greenville-based Sage Automotive Interiors. The company’s core business is in the production of cloth for seating, door panels, and headliners for automotive manufacturers.
In October 2020, Lear Corporation, a global automotive technology leader in seating and E-systems, announced the launch of its premium fully recyclable ReNewKnit suede material for seat and door panel applications in 2024 with global automakers. -Completely recyclable automotive textile for the market. Manufactured entirely from recycled materials at a Lear facility powered by 100% renewable electricity, ReNewKnit further strengthens the company's portfolio of sustainable solutions technologies while supporting carbon reduction goals.