India Automotive Interior Materials Market Size & Outlook
India automotive interior materials market, 2014-2025 (US$M)
Related Markets
India automotive interior materials market highlights
- The India automotive interior materials market generated a revenue of USD 2,040.5 million in 2016 and is expected to reach USD 3,513.5 million by 2025.
- The India market is expected to grow at a CAGR of 6.2% 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 2,040.5 million |
| Market revenue in 2025 | USD 3,513.5 million |
| Growth rate | 6.2% (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, India accounted for 4.7% 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 |
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India 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 47.15% in 2016. Horizon Databook has segmented the India automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
The automobile manufacturing industry in India has grown significantly over the past few years, owing to rapidly increasing demand for passenger vehicles, coupled with increasing foreign direct investments towards setting up new plants in the country.
The government of India started the automotive mission plan (2016-26) to lay the roadmap for development of the automotive industry. As per the reports published by the India Brand Equity Foundation, the domestic automobile production increased at a CAGR of 2.36% from 2016-20.
Similarly, the domestic sales had increased by 1.29% over the same period. The country was the fifth largest manufacturer of cars and seventh largest manufacturer of passenger vehicles in 2019.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India automotive interior materials market , including forecasts for subscribers. This country databook contains high-level insights into India automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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India automotive interior materials market size, by product, 2014-2025 (US$M)
India Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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