Automotive Interior Materials Market Size, Share, and Growth Analysis

Automotive Interior Materials Market By Product Type, By Application, By Vehicle Type, By Region - Industry Forecast 2025-2032


Report ID: SQMIG25A2130 | Region: Global | Published Date: December, 2024
Pages: 280 |Tables: 96 |Figures: 76

Format - word format excel data power point presentation

Automotive Interior Materials Market Insights

Automotive Interior Materials Market size was valued at USD 78.2 Billion in 2023 and is poised to grow from USD 81.25 Billion in 2024 to USD 83.33 Billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).

The global automotive interior materials industry is experiencing significant growth driven by customers’ increasing emphasis on comfort, aesthetics, and individuality in vehicle interiors and rising sales of vehicles. As automobile ownership becomes more personalized, there is a growing demand for high-quality, customizable materials such as premium leather, metals, plastic, composites, polymer-based, wood trim, and fabrics.
 
The automotive interior materials market is driven by the rising demand for personalization and advancements within the industry. The growing customer safety concerns, technological progress, and heightened demand for luxury vehicles are expected to propel market growth. Government initiatives supporting lightweight and safe vehicles further contribute to this expansion. Technological developments and increasing safety concerns fuel the demand for enhanced car interiors. At the same time, the market also benefits from the rising need for lightweight commercial vehicles for transportation goods.
 
The automotive interior is one of the most important factors that pleases and attracts a consumer’s attention towards a vehicle. Thus, proper selection of materials for appealing automotive interiors is very crucial. A variety of materials such as plastics, composites, wood, fabrics, rubber, and numerous others are used in the automotive interior as per comfort.

Additionally, the global automotive interior materials market is experiencing significant growth, driven by the adoption of smart lighting systems, advanced seating solutions, and substantial investments in creating comfortable and convenient interiors.

US Automotive Interior Materials Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 78.2 Billion

Largest Segment

Passenger vehicle

Fastest Growth

Passenger vehicle

Growth Rate

3.9% CAGR

Global Automotive Interior Materials Market 2021-2028 ($ Mn)
Country Share for Asia-Pacific Region- 2021 (%)

To get more reports on the above market click here to Buy The Report

Automotive Interior Materials Market Segments Analysis

Global Automotive Interior Materials Market is segmented by product type, application, vehicle type and region. Based on product type, the market is segmented into composites (glass fiber reinforced polymer (GFRP), carbon fiber reinforced polymer (CFRP)), fabrics, leather (genuine leather, synthetic leather), plastics (polypropylene (PP), acrylonitrile butadiene styrene (ABS), polycarbonate (PC)) and metals (steel, aluminum). Based on application, the market is segmented into dashboard, door panels and trims, seats, airbags and seat belts, carpets and headliners and others (headliners, sun visor, interior lighting, rear seat entertainment). Based on vehicle type, the market is segmented into passenger vehicles, light commercial vehicles (LCV) and heavy commercial vehicles (HCV). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Analysis by Product

As per global automotive interior materials market analysis, plastics segment dominated the market and accounted for the largest revenue share of 47.6% in 2024. The newer advancements in blended plastics, design, and production methods have enabled modern plastic interiors to offer the appearance and feel of luxury materials. Another advantage of these plastic interiors is the lightweight design, which contributes to overall vehicle weight reduction. However, car manufacturers increasingly prioritize fuel efficiency and emissions reduction; light-weighting has become a crucial strategy, with plastics providing an effective solution for reducing weight in vehicle interiors without compromising performance or durability. Consequently, the demand for plastics in automotive interiors is expected to rise throughout the forecast period, backed by the growing demand for aesthetically appealing car interiors.

As per global automotive interior materials market outlook, the composites segment is expected to grow significantly during the forecast years. Composite materials offer noteworthy cost reductions compared to traditional materials, thereby elevating opportunities for vehicle manufacturers. These materials are favored for their unique properties, including low corrosion, easy maintenance, and design flexibility. The primary advantage of composite materials lies in their strength, rigidity, and lightweight characteristics, contributing to improved fuel economy. In addition, their thermal and corrosion resistance makes them an economical preference. This eco-friendly material also exhibits high damage tolerance, ensuring passenger safety. Collectively, these factors contribute to positive market growth for composite materials in the automotive industry.

Analysis by Application

As per the global automotive interior materials market forecast, dashboard segment dominated the market and accounted for the largest revenue share of 36.3% in 2024. The continuous advancements in car dashboards and the materials used in their building and designing have significantly impacted the automotive industry. Modern dashboards are designed to be environmentally friendly and free from harmful substances, aligning with increasing regulatory and customer demands for sustainability. The market for automotive interior materials is expected to grow due to the rising production of dashboards that integrate innovative technologies, designs, and materials. They are integral to interior design, contributing to comfort, safety, and user experience. Integrating advanced human-machine interfaces (HMIs) and eco-friendly materials in dashboards drives market growth as manufacturers strive to fulfill customers' changing preferences and regulatory standards.

The seat segment is expected to grow at a CAGR of 4.7% during the forecast period. The significant importance of seats for both driver and passenger comfort and convenience has driven extensive research into human perception, posture adjustability, and weight distribution, resulting in the application of various materials for automotive seats. High-performance polyurethane (PU) foams, with covering materials such as fabric or leather, are commonly used in seat cushion manufacturing. Moreover, the increasing demand for lightweight materials has led to the inception of carbon fibers and other composites to enhance comfort in modern vehicles. Seats are a critical component of the automotive interior materials market and are vital in ensuring ergonomic support and overall vehicle aesthetics.

Global Automotive Interior Materials Market By Vehicle Type, 2021 (%)

To get detailed analysis on other segments, Request For Free Sample Report

Automotive Interior Materials Market Regional Insights

The Asia Pacific region dominated the market and accounted for the largest revenue share of 57.6% in 2024. The region is experiencing growth in the automotive interior materials market due to the rapid development of the economy, rising disposable income, and urbanization, which are elevating demand for vehicles with comfortable and aesthetically eye-catching interior designs. This growth is attributed to the rising customer interest in the aesthetic qualities of their vehicles. Furthermore, demand from the target market and the increasing innovative interior designs of millennials, along with the surge in disposable income of the population, propel the growth of the automotive interior materials market.

The automotive interior materials market in North America is expected to grow significantly during the forecast period. The region has a strong presence with major automotive manufacturers and leads to a well-established automotive industry. The region estimates the increasing demand for high-quality interior materials that balance aesthetics, comfort, and durability. Further, the stringent safety regulations imposed by the government and the integration of advanced technologies result in growth in the region for automotive interior materials. The growth of the market is expected to be driven by increasing demand for better interiors and attractive designs with better features. These innovative interior designs are often constantly upgraded, and automakers and auto interior designers launch innovations and trending features to improve customer experience.

Global Automotive Interior Materials Market By Geography, 2021 - 2028
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Automotive Interior Materials Market Dynamics

Automotive Interior Materials Market Drivers

Changing Regulatory Landscape Coupled with Reduction in Weight

  • Increasing fuel efficiency and reducing emissions by reducing the weight of the vehicle is the central objective of the automotive industry.  Therefore, consumers are adopting various lightweight materials that are anticipated to promote market growth. With the imposition of stringent norms such as CAFE (Corporate Average Fuel Economy), automakers are aiming for heavy consumption of light-weight materials such as plastics, composites and fabrics in vehicles.

Rapidly Expanding E-vehicles

  • Electric vehicles are rapidly expanding across the globe with rising environmental concerns and fast depleting fossil resources.  Electric vehicles are largely made of plastics and other light-weight materials in order to provide better fuel efficiency. Lawmakers around the world are promoting electric vehicles as an economical and eco-friendly option as compared to traditional vehicle technology. Various schemes and subsidies are being provided to e-vehicle customers to increase the adoption of cleaner technology.

Automotive Interior Materials Market Restraints

Uncertainty in the Global Automotive Industry

  • The slow growth of the major automotive markets in the world has impacted the expansion of the automotive interior materials market in recent years. Countries like China, Spain, Turkey, Canada, South Korea, etc. registered negative growth rates in the automotive industry in 2018 as per OICA (Organization Internationale des Constructeurs d'Automobiles) statistics. In 2019, countries like India too registered negative growth that largely affected the regional market revenue.

Volatility in Raw Material Prices

  • Volatility in raw material prices presents a significant challenge for the automotive interior materials market. The costs of key materials, such as plastics, leather, and composites, are highly susceptible to fluctuations driven by factors like supply chain disruptions, geopolitical tensions, and shifts in demand. These price changes can adversely impact the overall cost structure, hindering market growth potential.

Request Free Customization of this report to help us to meet your business objectives.

Automotive Interior Materials Market Competitive Landscape

The competitive landscape of the global automotive interior materials industry is highly dynamic, with numerous global and regional players focusing on innovation, sustainability, and advanced technologies to strengthen their market positions. Leading companies like Adient PLC, Lear Corporation, Faurecia (now Forvia), Toyota Boshoku Corporation, and Grupo Antolin are at the forefront of this market. These players emphasize the development of lightweight, durable, and eco-friendly materials such as recycled plastics, bio-based polymers, and composites to meet stringent environmental regulations and evolving consumer preferences.

Top Players in the Automotive Interior Materials Market

  • 3M 
  • BASF SE 
  • Toyota Boshoku Corporation 
  • Celanese Corporation 
  • ARKEMA Group 
  • Covestro AG 
  • Delphi Automotive Plc 
  • Dow Chemical Company 
  • Evonik Industries AG 
  • Hexcel Corporation 
  • Huntsman International LLC 
  • Stahl Holdings B.V. 
  • Wacker Chemie AG 
  • Bayerische Motoren Werke AG (BMW) 
  • Grammer AG.

Automotive Interior Materials Market Recent Developments

  • September 2024 - Toyoda Gosei Co., Ltd. developed a new system that enables automotive developers to experience changes in vehicle interior sounds with different combinations of the sealing parts (weatherstrips) installed on those vehicles. This contributes to the creation of more comfortable moving spaces through improved quietness in cabin.
  • July 2024 - Antolin announced a collaboration with MIT ADT University to work on automotive interior design projects. The collaboration will leverage the knowledge of both organizations to deliver innovative solutions for vehicle interiors.
  • October 2023- Asahi Kasei announced an investment in the U.S. startup NFW, which specializes in producing a non-petroleum-based leather alternative for automotive interiors. This partnership, part of Asahi Kasei's "Care for Earth" initiative, aims to support global automakers in reducing their environmental impact.

Automotive Interior Materials Key Market Trends

Automotive Interior Materials Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to SkyQuest analysis, rise in launch of vehicles with modern functionality and acoustic comfort is also fueling the automotive interior materials market growth Major automakers are offering vehicles with effective noise control, which is boosting demand for soundproof interiors. They are also investing in the R&D of biomaterials for use in automotive interiors. Increasing consumer safety concerns, rising technological advancements, and a surge in demand for luxurious vehicles are expected to boost the global automotive interior materials market growth. Government support for lightweight and safe vehicles will likely surge the market growth. Asia-Pacific accounted for the largest share in terms of consumption in the automotive interior materials market. Japan and China will be the primary support for the region's increasing demand. Moreover, an improved outlook for product demand in India is another potential factor for growth. In addition, fluctuation in prices of the raw materials, rise in demand for two-seater passenger cars, untapped developing markets in Africa & Asia, and development of strong and lightweight door panels also affect the growth of the market.

Report Metric Details
Market size value in 2023 USD 78.2 Billion
Market size value in 2032 USD 83.33 Billion
Growth Rate 3.9%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Composites (Glass Fiber Reinforced Polymer (GFRP), Carbon Fiber Reinforced Polymer (CFRP)), Fabrics, Leather (Genuine Leather, Synthetic Leather), Plastics (Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC)), Metals (Steel, Aluminum)
  • Application
    • Dashboard, Door Panels and Trims, Seats, Airbags and Seat Belts, Carpets and Headliners, Others (Headliners, Sun Visor, Interior Lighting, Rear Seat Entertainment)
  • Vehicle Type
    • Passenger Vehicles, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • 3M 
  • BASF SE 
  • Toyota Boshoku Corporation 
  • Celanese Corporation 
  • ARKEMA Group 
  • Covestro AG 
  • Delphi Automotive Plc 
  • Dow Chemical Company 
  • Evonik Industries AG 
  • Hexcel Corporation 
  • Huntsman International LLC 
  • Stahl Holdings B.V. 
  • Wacker Chemie AG 
  • Bayerische Motoren Werke AG (BMW) 
  • Grammer AG.
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Automotive Interior Materials Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Automotive Interior Materials Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Automotive Interior Materials Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Interior Materials Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Interior Materials Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Automotive Interior Materials Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Automotive Interior Materials Market size was valued at USD 78.2 Billion in 2023 and is poised to grow from USD 81.25 Billion in 2024 to USD 83.33 Billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).

The global automotive interior materials market is fragmented, with a prominent market player acquiring a sizable portion. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective. '3M ', 'BASF SE ', 'Toyota Boshoku Corporation ', 'Celanese Corporation ', 'ARKEMA Group ', 'Covestro AG ', 'Delphi Automotive Plc ', 'Dow Chemical Company ', 'Evonik Industries AG ', 'Hexcel Corporation ', 'Huntsman International LLC ', 'Stahl Holdings B.V. ', 'Wacker Chemie AG ', 'Bayerische Motoren Werke AG (BMW) ', 'Grammer AG.'

The automotive industry's primary goal is to improve fuel efficiency and reduce emissions by reducing vehicle weight. As a result, consumers are adopting various lightweight materials, which are expected to drive market growth. With the imposition of stringent standards such as CAFE (Corporate Average Fuel Economy), automakers are aiming for high consumption of lightweight materials in vehicles such as plastics, composites, and fabrics. In North America, for example, the 2025 CAFE standards require automakers to deliver a fleet average of at least 54.5 mpg. Furthermore, automakers will have more freedom to change the design in order to maximize performance by using materials such as plastics and composites.

Rising Adoption of Bioplastics and Veganism' to Drive Market Growth: Plastics have long been used in the automotive industry for a variety of applications such as interior, exterior, under the hood, and others because they offer several advantages such as reduced weight, flexibility, and design. With fossil fuel as a finite resource for plastics, the industry is now embracing bio-based plastics to ensure the continued use of automobiles for weight reduction and high performance. The interiors of the Lexus HS 250h, for example, are made of bioplastics. Toyota, for example, has used bio-based plastics such as bio-polyesters, bio-PET (polyethylene terephthalate), and PLA-blends (polylactic acid) in various interior components of their vehicles.

Based on region, global automotive interior materials market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. From 2022 to 2028, Asia Pacific is expected to grow at a CAGR of 6.4 percent. Increased government support in the form of subsidies and favourable regulations is expected to entice automotive manufacturers to establish plants in the region, driving the growth of the APAC automotive interior materials market for. Europe is expected to grow at a CAGR of 3.9 percent from 2022 to 2028 and will continue to be a significant market in the global scenario. Because of the importance of automotive interiors to European consumers, manufacturers have been able to innovate and market a variety of applications, which is expected to drive demand. Because of increased demand for passenger vehicles, frequent technological advancements, and the economic feasibility of premium options, the market for automotive interior materials in North America is comparatively more developed. Owing to North America's widespread reliance on automobiles for personal transportation, the market in this region is expected to grow steadily. Furthermore, demand is expected to rise significantly as a result of strict fuel economy standards.

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Automotive Interior Materials Market

Report ID: SQMIG25A2130

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE