North America Automotive Interior Materials Market Size & Outlook
North America automotive interior materials market, 2014-2025 (US$M)
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North America automotive interior materials market highlights
- The North America automotive interior materials market generated a revenue of USD 8,257.6 million in 2016.
- The market is expected to grow at a CAGR of 2.4% 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, U.S. is expected to register the highest CAGR from 2017 to 2025.
North America data book summary
| Market revenue in 2016 | USD 8,257.6 million |
| Market revenue in 2025 | USD 10,187.3 million |
| Growth rate | 2.4% (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, North America region accounted for 19.1% 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 |
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North 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 43.44% in 2016. Horizon Databook has segmented the North 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 automotive interior materials market in North America is expected to witness significant growth over the forecast period, owing to the presence of several large automotive manufacturing companies in countries such as U.S., Canada, and Mexico.
Several manufacturers from Europe and Asia Pacific have set up their plants primarily in Mexico, due to cheap labour costs in the country, coupled with its proximity to the U.S. market. In addition, the country has free trade agreements with over 40 countries worldwide, thus making the movement of parts and materials cheaper.
In addition, companies such as Ford, GMC, Jeep, and Lincoln are investing over expansion of their production capacities. Furthermore, the growing adoption of electric vehicles and self-driven cars in the regions is also expected to create new growth opportunities in the North American automotive industry.
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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 North America automotive interior materials market , including forecasts for subscribers. This continent databook contains high-level insights into North America automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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North America automotive interior materials market size, by country, 2014-2025 (US$M)
North America Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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