Europe Automotive Interior Materials Market is Expected to Reach USD 32,641.66 Mn by 2024

The Europe Automotive Interior Materials Market is expected to reach USD 32,641.66 million by 2024, from USD 14,879.75 million in 2016 growing at a CAGR of 10.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The major factors driving the growth of this market are globalization leading to advancement in technology. The automotive interior materials market in the Europe region is leading in Germany.

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Market Segmentation: Europe Automotive Interior Materials Market

  • The Europe automotive interior materials market is segmented on the basis of type, vehicle type, application and geography. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.
  • On the basis of type, the Europe automotive interior materials market is segmented into leather, thermoplastic polymers, fabric, plastic, metal, composite and others. The automotive interior materials are dominated by leather with 33.4% market share in 2017, growing at the highest CAGR of 11.9% in the forecast period. Leather is further segmented into two types which includes synthetic and genuine. Synthetic is further sub segmented into polyurethane and poly-vinyl-chloride. Thermoplastic polymers is further segmented into polystyrene (PS), poly-vinyl-chloride (PVC), polyethylene (PE) and others.  Fabric is further segmented into tweed, body cloth fabric, velvet and velour. Plastic is further sub-segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), polycarbonate (PC) and others. Metal is further sub-segmented into steel, aluminium and others. Composite is further sub segmented into carbon fiber reinforced polymer (CFRP), fibre-reinforced plastic (FRP) and others.
  • On the basis of vehicle type, the Europe automotive interior materials market is segmented into passenger vehicles light commercial vehicles, heavy commercial vehicles and others. In 2017, the passenger vehicles segment is expected to dominate the market with 75.1% market share.
  • By application, the Europe automotive interior materials market is segmented into seating, dashboards, airbag & seat belt, door panel, carpet & headliner, interior trim and others. In 2017, the seating is expected to dominate the market with 32.6% market share and is expected to grow at the highest CAGR of 11.7% in the forecast period.
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Key Drivers: Europe Automotive Interior Materials Market

Europe is the growing market for automotive interior materials. The growth in this market is due to globalization leading to advancement in technology will boost the automotive interior materials market.

Key Points: Europe Automotive Interior Materials Market

Adient is going to dominate the Europe automotive interior materials following with Faurecia S.A, Lear Corporation and Groupo Antolin
  • Leather segment is expected to dominate the Europe automotive interior materials market.
  • The automotive interior materials market in the Europe region is leading in France, U.K., Germany and Italy. Germany accounts for the highest market share in this region.



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