As per the study initiated by Evolve Business Intelligence, Automotive Textile market size accounted for USD 38.5 Billion in 2022, growing at a CAGR of 5.2% from 2023 to 2033. he automotive textile market has witnessed steady growth in recent years, driven by factors such as increasing vehicle production, rising consumer demand for comfort and luxury features, and stringent safety regulations. Automotive textiles find applications in various parts of a vehicle, including seating, carpeting, headliners, door panels, trunk liners, airbags, and safety belts. Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=xherald&reportCode=019510
- Automotive Textile Market size was valued at USD 38.5 billion in 2022 growing at a CAGR of 5.2% from 2023 to 2033.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on Automotive Textile Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors’ market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, Automotive Textile market report also includes the following data points:
- COVID19 Impact on Automotive Textile market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in Automotive Textile market
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Some of the major Automotive Textile players holding high market share include Lear Corporation., Johnson Controls., Acme Mills, and Toyota Boshoku Corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Lear Corporation
- Johnson Controls
- Acme Mills
- Aunde SA
- Toyota Boshoku Corporation
- International Textile Group
- Borgers AG
- Autotech Nonwovens
- Suminoe Textile Co. Ltd.
- CMI Enterprises Inc.
- ASGLAWO Technofibre GmbH
- Sage Automotive Interiors, Inc.
Market Segment By Product with focus on market share, consumption trend, and growth rate of Automotive Textile Market:
Market Segment By Application with focus on market share, consumption trend, and growth rate of Automotive Textile Market:
- Safety Devices
- Engine Components
|Market Size (2022)||$ 38.5 Billion|
|CAGR (2023 to 2033)||5.2%|
|Market Segmentation||Product, Application|
|Country Covered||US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America|
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Automotive Textile Geographic Coverage:
- North America
- Nordic Countries
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence provides an understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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