Middle East & Africa Automotive Interior Materials Market Size & Outlook
Middle East & Africa automotive interior materials market, 2014-2025 (US$M)
Related Markets
MEA automotive interior materials market highlights
- The MEA automotive interior materials market generated a revenue of USD 939.3 million in 2016.
- The market is expected to grow at a CAGR of 1.8% 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.
MEA data book summary
| Market revenue in 2016 | USD 939.3 million |
| Market revenue in 2025 | USD 1,099.7 million |
| Growth rate | 1.8% (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, MEA region accounted for 2.2% 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 |
|---|
Middle East & Africa 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 41.46% in 2016. Horizon Databook has segmented the Middle East & Africa automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
The automotive industry in the Middle East & Africa region is experiencing significant growth over the past few years, owing to high disposable income, growing population, and infrastructure development in developed GCC countries and developing countries in Africa such as South Africa, Egypt, and Nigeria.
The market for vehicle exterior and interior customization is very high in Middle East regions, for high end cars. The growth in car sales in GCC countries in 2019, is expected to drive the demand for automotive interior materials.
The automotive interior materials market growth is expected to be hindered in Middle East and Africa region, owing to COVID-19 outbreak. Strict restrictions were put in place in several GCC countries on industrial operations on import of parts from other nations, to limit the virus transmission.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automotive interior materials market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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Middle East & Africa automotive interior materials market
Middle East & Africa Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
Middle East & Africa automotive interior materials market
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