U.S. Automotive Interior Materials Market Size & Outlook
U.S. automotive interior materials market, 2014-2025 (US$M)
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U.S. automotive interior materials market highlights
- The U.S. automotive interior materials market generated a revenue of USD 5,544.9 million in 2016 and is expected to reach USD 6,899.5 million by 2025.
- The U.S. market is expected to grow at a CAGR of 2.5% 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.
Automotive interior materials market data book summary
| Market revenue in 2016 | USD 5,544.9 million |
| Market revenue in 2025 | USD 6,899.5 million |
| Growth rate | 2.5% (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, U.S. accounted for 12.8% 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 North America, U.S. automotive interior materials market is projected to lead the regional market in terms of revenue in 2025.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,899.5 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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U.S. 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 47.08% in 2016. Horizon Databook has segmented the U.S. automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
The U.S. was the second largest producer of automotive in 2019, with production of over 10 million units, accounting for over 11.5% of the global production numbers, owing to high demand for passenger vehicles and light commercial vehicles in the country, coupled with presence of several large companies including General Motors, Ford, Fiat Chrysler Automobiles NV, Toyota, Honda, and Nissan.
The companies such as General Motors and Ford have been working on diversifying their raw material supplies from other countries in Asia Pacific and Europe, to increase their production numbers. This is expected to create the demand for automotive interior materials, thus driving the market growth.
The global outbreak of the COVID-19 pandemic is expected to make major implications on the growth of automotive interior materials market. As of June 15, 2021, the U.S. is the worst affected country, with more than 33.4 million cases and 599 thousand deaths.
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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 U.S. automotive interior materials market , including forecasts for subscribers. This country databook contains high-level insights into U.S. automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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U.S. automotive interior materials market size, by product, 2014-2025 (US$M)
U.S. Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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