Latin America Automotive Interior Materials Market Size & Outlook

The automotive interior materials market in Latin America is expected to reach a projected revenue of US$ 1,352.3 million by 2025. A compound annual growth rate of 1.6% is expected of Latin America automotive interior materials market from 2017 to 2025.
Revenue, 2016 (US$M)
$1,222.0
Forecast, 2025 (US$M)
$1,398.4
CAGR, 2017 - 2025
1.5%
Report Coverage
Latin America

Latin America automotive interior materials market highlights

  • The Latin America automotive interior materials market generated a revenue of USD 1,222.0 million in 2016.
  • The market is expected to grow at a CAGR of 1.5% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2017 to 2025.


Latin America data book summary

Market revenue in 2016USD 1,222.0 million
Market revenue in 2025USD 1,398.4 million
Growth rate1.5% (CAGR from 2016 to 2025)
Largest segmentPlastic
Fastest growing segmentPlastic
Historical data covered2014 - 2015
Base year for estimation2016
Forecast period covered2017 - 2025
Quantitative unitsRevenue in USD million
Market segmentationLeather, Composite, Plastic, Metals, Fabric
Key market players worldwideToyoda 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, Latin America region accounted for 2.8% 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 Companies

Name Profile # Employees HQ Website

Latin America 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 43.39% in 2016. Horizon Databook has segmented the Latin America 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 automotive interior materials market is Central & South America is expected to be driven by growth in automotive production in countries such as Brazil, Colombia, Peru, owing to high investments by large automotive companies towards setting up production plants in these countries.

The demand for passenger cars in the region is increasing owing to increase in consumer buying power in these countries. Brazil is expected to witness highest growth in the region, owing to increased emphasis on adoption of electric vehicles in the country coupled with continuous increase in production over the past few years from 2016 to 2019.

The automotive industry growth is expected to be comparatively less in Argentina, due to economic crisis in the country, leading to a drop of about 32.5% in automotive production in 2019. Thus, the growth of automotive interior materials in Central and South America region is expected to be moderate over the forecast period.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive interior materials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.

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Latin America automotive interior materials market size, by country, 2014-2025 (US$M)

Latin America Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)

Latin America automotive interior materials market size, by country, 2014-2025 (US$M)

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