Automotive Fabric Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024
Sarasota, FL -- (SBWIRE) -- 08/02/2017 -- Global Automotive Fabric Market: Overview
The purpose of designing the automotive fabric is to offer the passengers with maximum comfort and security while having the drive. By using the automotive fabric the interior feel of the automobile is increased as well as the vehicle safety. The automotive fabric is cold cracking resistant, UV rays stable, durable, easy to clean, and helps in minimizing the fatigue. Automotive fabric such as headlining, truck lining, and spray adhesive is also used to repair or replace the spoiled interior surfaces.
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Global Automotive Fabric Market: Segmentation
The global market for the automotive fabric is fragmented into its vehicle type and application. On the basis of the vehicle type, the global market is segregated into passenger cars, heavy trucks, light commercial vehicles, buses & coaches, and motor vehicle. On the basis of application, the market is categorized into the floor covering, tires, airbags, spray adhesive, safety-belts, pre-assembled interior components, upholstery, and others.
Global Automotive Fabric Market: Growth Factors
The key factors that are contributing to the growth of the automotive fabric market are growing need for the safety measures, increasing disposable income, change in the living standard of the people, growing demand for the automobiles, and rise in the production of the automobiles. All these factors will contribute positively to the market growth. The other important factors that are contributing towards the market growth are increased development in the automotive industry, growing demand for the automobile accessories, speedy economic development, and introduction to the advanced characteristics such as elasticity, resistance to wear and tear. The factor that may hamper the market growth is the availability of the substitute materials such as natural leather, synthetic leather, and PVC.
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Global Automotive Fabric Market: Regional Analysis
Depending on the geographical regions, the global market for the automotive fabric market is diversified into Asia Pacific, the Middle East and Africa, North America, Eastern Europe, Latin America, and Western Europe. The automotive fabric market is dominated by the North American region which is followed by Europe and Asia Pacific. The factors that contribute to this market growth in these regions are advanced technological developments, the presence of some of the popular market players in these regions, the launch of the novel products, and the development of the research centers. The market shows a huge potential for improvement in the Asia Pacific and the Middle East and African regions owing to the factors such as large population base, increased demand from the emerging nations for the passenger cars, growing disposable income of the middle class population, and rapid rate of urbanization will trigger the growth of the market in the coming years.
Global Automotive Fabric Market: Competitive Players
The key market players that are involved in the automotive fabric market include Sage Automotive Interiors Inc., Lear Corporation, SRF Limited, Seiren Co., Ltd., Faurecia S.A., Heathcoat Fabrics Limited, Acme Mills Company, TWI Ltd., Yanfeng Automotive Trim Systems Co., Ltd., Haartz Corporation, Tenowo GmbH., Toyota Boshoku Corporation, Suminoe Textile Co., Ltd., J & J Auto Fabrics, Inc., Adient Plc., Moriden America Inc., Trevira GmbH., Takata Corporation, Grupo Antolin Irausa, S.A., Bmd Private Ltd., Martur Automotive Seating Systems, and Glen Raven Inc.
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Automotive Fabric Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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