Latin America Automotive Textiles Market Size & Outlook
Latin America automotive textiles market, 2018-2030 (US$M)
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Latin America automotive textiles market highlights
- The Latin America automotive textiles market generated a revenue of USD 1,313.0 million in 2021.
- The market is expected to grow at a CAGR of 3% from 2022 to 2030.
- In terms of segment, upholstery was the largest revenue generating application in 2021.
- Safety devices is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 1,313.0 million |
| Market revenue in 2030 | USD 1,712.0 million |
| Growth rate | 3% (CAGR from 2021 to 2030) |
| Largest segment | Upholstery |
| Fastest growing segment | Safety devices |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upholstery, Tires, Safety devices, Engine Components, Other |
| Key market players worldwide | Lear Corp, Johnson Controls International PLC, Toyota Boshoku Corp, DuPont de Nemours Inc, Asahi Kasei Corp, Reliance Inc, Autoliv Inc, Acme Mills, International Textile Group, Autoneum, Autotech Nonwovens, Suminoe Textile, CMI Enterprises, Asglawo, Baltex, Global Safety Textiles, SMS Auto Fabrics |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global automotive textiles market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 19,047.7 million by 2030.
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Automotive Textiles Market Scope
Automotive Textiles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America automotive textiles 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 textiles market will help companies and investors design strategic landscapes.
Upholstery was the largest segment with a revenue share of 54.77% in 2021. Horizon Databook has segmented the Latin America automotive textiles market based on upholstery, tires, safety devices, engine components, other covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America automotive textiles market databook
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Our clientele includes a mix of automotive textiles market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive textiles market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive textiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America automotive textiles market size, by country, 2018-2030 (US$M)
Latin America Automotive Textiles Market Outlook Share, 2021 & 2030 (US$M)
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