Europe Automotive Interior Materials Market Size & Outlook
Europe automotive interior materials market, 2014-2025 (US$M)
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Europe automotive interior materials market highlights
- The Europe automotive interior materials market generated a revenue of USD 9,863.9 million in 2016.
- The market is expected to grow at a CAGR of 3.8% 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, Germany is expected to register the highest CAGR from 2017 to 2025.
Europe data book summary
| Market revenue in 2016 | USD 9,863.9 million |
| Market revenue in 2025 | USD 13,849.8 million |
| Growth rate | 3.8% (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, Europe region accounted for 22.8% 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 |
|---|
Europe 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 38.12% in 2016. Horizon Databook has segmented the Europe automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
Out of these, 142 factories produce passenger cars, 38 make light commercial vehicles (vans), 58 build heavy-duty vehicles (trucks), 58 produce buses, and 71 make engines. More than 18.5 vehicles are manufactured per year.
For instance, in June 2020, German government announced the investment of about USD 3.03 billion to boost the setup of electric vehicles infrastructure and setting up of new charging stations.
Such innovations and initiatives are expected to boost the production of vehicles over the coming years, thus driving the growth in demand for automotive interior materials.
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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 Europe automotive interior materials market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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Europe automotive interior materials market size, by country, 2014-2025 (US$M)
Europe Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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