Asia Pacific Automotive Interior Materials Market Size & Outlook
Asia Pacific automotive interior materials market, 2014-2025 (US$M)
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Asia Pacific automotive interior materials market highlights
- The Asia Pacific automotive interior materials market generated a revenue of USD 22,890.4 million in 2016.
- The market is expected to grow at a CAGR of 6.4% from 2017 to 2025.
- In terms of segment, plastic was the largest revenue generating product in 2016.
- Plastic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2017 to 2025.
Asia Pacific data book summary
| Market revenue in 2016 | USD 22,890.4 million |
| Market revenue in 2025 | USD 39,989.0 million |
| Growth rate | 6.4% (CAGR from 2016 to 2025) |
| Largest segment | Plastic |
| Fastest growing segment | Plastic |
| Historical data covered | 2014 - 2015 |
| Base year for estimation | 2016 |
| Forecast period covered | 2017 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leather, Composite, Plastic, Metals, Fabric |
| Key market players worldwide | Toyoda Gosei Co Ltd, Takara & Company Ltd, Magna International Inc, Tachi-S Co Ltd, ContiTech AG, Grupo Antolin, Sage Automotive Interiors, SMS Auto Fabrics, Yanfeng Automotive Interiors, Lear Corporation, Faurecia Clean Mobility, Marelli, Hyundai Mobis, Tata Steel Ltd GDR - 144A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 53.0% of the global automotive interior materials market in 2016.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,989.0 million by 2025.
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Automotive Interior Materials Market Scope
Automotive Interior Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific automotive interior materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive interior materials market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 46.05% in 2016. Horizon Databook has segmented the Asia Pacific automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
The growth of the automotive interior materials market in Asia Pacific region is attributed to growth in the number of automotive manufacturing facilities by companies in countries such as India, China, Japan, and South Korea to increase their production capacities, to cater to the ever-growing demand from the increasing population.
Countries such as China, Japan, South Korea, India, and Thailand account for a major chunk of global automotive production and sales, thus benefitting the growth of automotive interior materials market.
Changing consumer lifestyle, high youth population, and increasing popularity of vehicle interiors in the developing nations of the region is expected to augment the growth of automotive interior materials for vehicle personalization over the forecast period.
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Target buyers of Asia Pacific automotive interior materials market databook
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Our clientele includes a mix of automotive interior materials market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive interior materials market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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Asia Pacific automotive interior materials market size, by country, 2014-2025 (US$M)
Asia Pacific Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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