Automotive Fabric Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive fabric market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive Fabric Market News

in Automotive Fabric Market
  • Autoneum diversified their portfolio in December 2024 by launching a 100% recyclable polyester trunk side trim. The innovation showcases the industry shift towards the adoption of green mono-material parts, which can easily be recycled when a vehicle has reached the end of its lifespan.
  • To further enhance the safety of electric vehicle (EV) batteries, Asahi Kasei released Lastan, a fireproof and extremely flexible nonwoven fabric, in December 2024. Through its improved electrical insulation and fire resistance, this new material is pioneering the way to even safer EV regulations.
  • An Italian automotive textile manufacturer, Trapuntatura Belpunto SrL, was acquired in July 2024 by MinervaHub S.p.A. Through its expanded capacity and market coverage, the strategic acquisition seeks to strengthen MinervaHub's portfolio in the automotive textile sector.

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Global Automotive Fabric Market size was valued at USD 38.46 Billion in 2023 and is poised to grow from USD 39.7 Billion in 2024 to USD 51.16 Billion by 2032, growing at a CAGR of 3.22% in the forecast period (2025-2032).

Leading players in the highly competitive global automotive fabric market are chasing innovation, sustainability, and strategic collaborations. To address new demands in the industry, firms such as Adient, Sage Automotive Interiors, and Grupo Antolin are making investments in environmentally friendly and smart fabric technologies. Automakers are increasingly collaborating with fabric suppliers with the aim of developing customized solutions. In trying to be competitive, firms are also expanding their capacity for production and seeking future-coating technology, nanotechnology, and artificial intelligence that maximizes materials. 'Autoneum', 'Asahi Kasei', 'Trapuntatura Belpunto SrL', 'MinervaHub S.p.A. ', 'Acme Mills Company', 'Arvind Limited', 'Kyowa Leather Cloth Co. Ltd.', 'Moriden America Inc.', 'Navbharat Textile Industries', 'Parishudh Fibres Pvt. Ltd.', 'Seiren Co. Ltd', 'Suminoe Textile Co. Ltd.', 'Uniroyal Engineered Products LLC'

Lightweight materials, such as luxury automotive fabrics, are increasingly used in the automotive sector as fuel efficiency and pollution gain prominence. These minimize weight without compromising comfort or lifespan, which makes them more fuel-efficient and helps fuel efficiency in vehicles. Demand for performance textiles is boosted by the manufacturers' focus on robust, abrasion-resistant materials to extend vehicle life.

Application of Antimicrobial and Intelligent Textiles: Self-cleaning and antimicrobial fabrics are becoming increasingly popular with automobile manufacturers as concerns over hygiene rise. To enhance the hygiene of automobile interiors, such fabrics apply nanotechnology and antibacterial finishes to decrease bacteria, stains, and odors. This is especially the case with autonomous automobiles and ridesharing, where cleanliness takes precedence.

Why is Asia-Pacific a Key Hub for Sustainable Automotive Fabrics?

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Global Automotive Fabric Market
Automotive Fabric Market

Report ID: SQMIG20I2385

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