Automotive Interior Materials Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic
September 16, 2020
Plastic Polymers to contribute the largest market share in the automotive interior materials market
The global automotive interior materials market is expected to register an incremental growth of USD 15.13 billion, witnessing a CAGR of over 2% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the automotive interior materials market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Automotive Interior Materials Market 2020-2024 (Graphic: Business Wire)
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The automotive interior materials market will witness a negative and inferior impact during the forecast period owing to the extensive spread of COVID-19 pandemic. Furthermore, as per Technavio’s pandemic-focused research highlights, the market growth is likely to increase compared to 2019.
The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With a rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.
Major automotive interior materials market participants are
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Automotive Interior Materials Market is segmented as below:
Plastic polymer will account for the largest share due to its advantages such as minimal corrosion, ease of manufacturing into any complex shape and in different colors, recycling possibility, and safety and comfort properties.
APAC region will account for the highest incremental growth during the forecast period due to the presence of global key players and many regional and local players.
The automotive interior materials market is driven by the use of composite materials for weight reduction and growing priority for comfort and safety in automobiles, as per Technavio’s pandemic impact-focused research study. Furthermore, Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets and significant developments in vendor operations and government regulations in the Consumer Discretionary industry.
For gaining more insights about the impact of COVID-19 pandemic on related reports, check out Technavio’s Consumer Discretionary section
Key Considerations for Market Forecast:
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
Pre- as well as post-COVID-19 market estimates
Quarterly impact analysis and updates on market estimates
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Table of Contents:
Value chain analysis
Five Forces Analysis
Market Segmentation by Material
Comparison by Material
Plastic polymers – Market size and forecast 2019-2024
Leather – Market size and forecast 2019-2024
Textile fabric – Market size and forecast 2019-2024
Others – Market size and forecast 2019-2024
Market opportunity by Material
APAC – Market size and forecast 2019-2024
North America – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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