China Automotive Interior Materials Market Size & Outlook
China automotive interior materials market, 2014-2025 (US$M)
Related Markets
China automotive interior materials market highlights
- The China automotive interior materials market generated a revenue of USD 12,781.9 million in 2016 and is expected to reach USD 20,659.9 million by 2025.
- The China market is expected to grow at a CAGR of 5.5% 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.
Automotive interior materials market data book summary
| Market revenue in 2016 | USD 12,781.9 million |
| Market revenue in 2025 | USD 20,659.9 million |
| Growth rate | 5.5% (CAGR from 2016 to 2025) |
| Largest segment | Plastic |
| Fastest growing segment | Plastic |
| Historical data | 2014 - 2015 |
| Base year | 2016 |
| Forecast period | 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, China accounted for 29.6% of the global automotive interior materials market in 2016.
- Country-wise, China is expected to lead the global market in terms of revenue in 2025.
- In Asia Pacific, China automotive interior materials market is projected to lead the regional market in terms of revenue in 2025.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,513.5 million by 2025.
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Automotive Interior Materials Market Scope
Automotive Interior Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 46.33% in 2016. Horizon Databook has segmented the China automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
For this, they have made changes to the investment policies to attract foreign investors to invest in automotive industry to promote the production of personal and commercial vehicles in the country.
The government aims to increase their automotive production to 35 million by 2025. This is expected to increase the demand for automotive interior materials, thus driving market growth.
The automotive production in the country registered a 2% decrease in 2020, due to temporary closure of automotive production facilities in first half of 2020, due to the outbreak of the COVID-19 pandemic. The government and automotive companies invested about USD 388 million on production of electric vehicles in 2020.
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Target buyers of China 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China automotive interior materials market , including forecasts for subscribers. This country databook contains high-level insights into China automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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China automotive interior materials market size, by product, 2014-2025 (US$M)
China Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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