Portland, OR, April 30, 2019 (GLOBE NEWSWIRE) -- The research report on automotive fabric market offers an extensive analysis of key segments, drivers, regions, and major investors in the market. In addition, market dynamics of the automotive fabric industry are offered on the basis of drivers, restraints, and growth opportunities. Insights offered in the report will assist market players to plan strategies for the future and obtain a dominant position in the industry.
The global automotive fabric market was valued at $29,839.9 million in 2017, and is projected to reach $37,282.2 million by 2025, registering a CAGR of 2.9% from 2018 to 2025. In 2017, Asia-Pacific accounted for the highest share in the global automotive fabric market.
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According to the report, development of new and diversified technologies is a major factor driving the growth of the market during the forecast period, 2018-2025. A brief overview of each segment and sub-segment is provided in the report. The global automotive fabric market is segmented based on fabric type, application, vehicle type, and region. The research sub-segments the fabric type into polyester, vinyl, leather, nylon, and others. The study bifurcates the application type into safety belts, preassembled interior components, carpets, tires, airbags, upholstery, and others. On the basis of vehicle type, the research is classified into commercial vehicles and passenger car. These insights are helpful in understanding the competitive scenario and take necessary steps to acquire major market share in the industry.
Based on the geographical distribution, the industry is categorized into Europe, Asia-Pacific, North America, and LAMEA. The research offers in-depth analysis on market size & forecasts for each region for the forecast period. Performance of each segment in these regions is also highlighted for the same period. The research also provides insights on the Porter’s five forces analysis and market share analysis. These analysis assist market players in determining the competitive strength and take further steps accordingly.
The report provides an in-depth analysis of major market players operating in the industry. The key players explored in the industry include Suminoe Textile Co. Ltd., Acme Mills Company, Adient Plc, SRF Limited, Lear Corporation, Toyota Boshoku Corporation Heathcoat Fabrics Limited, Seiren Co. Ltd., Grupo Antolin Irausa, S.A., and Martur Automotive Seating System. Additionally, the study offers an overview and highlights of recent developments of each player in the industry. Comprehensive analysis of market share and growth rate of each application is presented for the forecast period.
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The research highlights key trends, growth factors, and opportunities in the market. Additionally, it provides insights that are helpful for market players, investors, new entrants, and stakeholders to gain a competitive edge and sustain a leading position in the global industry.
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