The global automotive fabric market is anticipated to grow at a CAGR of 3.0% during the forecast period. The major strategic moves such as partnerships, collaborations, invention, and innovation adopted by key market players such as Darlington, Toyota, Seiren Group, Southwest and Fabrics & Foam Products, L.P., lead to higher growth of the market in the coming year.
Browse the full report description of “Automotive Fabric Market Size, Share & Trends Analysis Report, By Fabric Type (Polyester, Vinyl Leather, Nylon and Others), By Application (Carpet, Upholstery, Pre-Assembled Interior Components, Safety Belts, and Airbags), Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/automotive-fabric-market
Recent Developments
• January 2022- Fiber Industries announced to expand operations in Darlington County. The company provides polyester staple fibers for high-end performance fabrics, workwear, knit goods, and the automotive industry. The company expects to complete the expansion project in early 2023.
• January 2022- Toyota Boshoku Corp. introduced new development on seats and interior component features in LEXUS NX newly released vehicles in October. The seats provide cushioning by distributing body pressure across the buttocks area and have remote operation switch in the switch areas for the luggage compartment.
• March 2022- Grupo Antolin entered into a strategic partnership with OSRAM Automotive Lightning Systems (AMLS). Together, the two companies are working on new functionalities for digital projection systems on various surfaces such as headliner substrates. This provides passengers with a unique experience and more comfort during the journey. The digital technology also aids a wide range of possibilities for displaying indvidail content such as outdoor environment, videos, visual patterns, logos, and warning signs to support passengers.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2021-2028
• Segment Covered-
o By Fabric Type
o By Application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- Adient plc, Lear Corp., Toyota Boshoku Corp., Takata Corp., and Seirin Co., Ltd.
Key questions addressed by the report
• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Automotive Fabric Market Report by Segment
By Fabric Type
By Application
Global Automotive Fabric Market Report by Region
North America
• US
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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