Automotive Interior Materials Market worth $82.52 Billion by 2019

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MarketsandMarkets Presents
Automotive Interior Materials Market worth
82.52 Billion by 2019
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The report "Automotive Interior Materials Market
by Type (Fabrics, Genuine Leathers, Artificial PU
Leather, Artificial PVC Leather, Synthetic
Leathers Thermoplastic Polymers) and Region -
Trends Forecasts to 2019 defines and segments
the global automotive interior materialsmarket
with analysis and forecast of the market size by
value and volume. It also identifies driving and
restraining factors for the global automotive
interior materials market with analysis of
trends, opportunities, burning issues, winning
imperatives, and challenges. Browse gtgt
70 data tables 74
figures 158 slides and
in-depth TOC on Automotive Interior Materials
Market http//www.marketsandmarkets.com/Market-
Reports/automotive-interior-materials-advanced-tec
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The market is segmented and values are forecast
on the basis of keyregions such as North America,
Europe, Asia-Pacific, and RoW (Rest of the
World). The key countries are covered and
forecast for each region. Further,the market is
segmented and values are forecast on the basis of
different types of materials. Asia-Pacific
Biggest Market of Automotive Interior
Materials Asia-Pacific is currently the largest
market for automotive interior materials. China
is the largest consumer of automotive interior
materials in this region. Rapidly growing
automotive industry, competitive manufacturing
costs, and high economic growth rate are the
favorable market forces for automotive interior
materials market growth in this region. These
factors are attracting the market players for
expanding their businesses in the Asia-Pacific
region. The market for automotive interior
materials in Asia-Pacific is projected to reach
38.68 million by 2019.
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Synthetic Leather Biggest Segment of Automotive
Interior Materials Market Synthetic leather is
currently the biggest segment of automotive
interior materials. It is a cheaper, more
versatile, and an eco-friendly alternative to
real leather, which is made from tanned animal
hides. Synthetic leather gives OEMs (Original
Equipment Manufacturers) option to customize
their interiors due to its flexibility and
various colour options. Compared to genuine or
artificial leather, synthetic leather does not
fade easily when exposed to sunlight over an
extended period. Its consumption is expected to
reach 18.45 billion by 2019. Asia-Pacific is
currently the largest consumer for synthetic
leather. The market size, in terms of value, for
synthetic leather in Asia-Pacific is estimated to
grow at a CAGR of 12.83 between 2014 and 2019.
Mexico is the fastest-growing market for
synthetic leather, registering a CAGR of 18.47
between 2014 and 2019.
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Artificial PU leather Fastest-Growing Segment
of Automotive Interior Materials The artificial
PU leather is currently the fastest growing
segment of automotive interior materials. The
market for artificial PU leather is expected to
grow at a CAGR of 14.22 between 2014 and 2019.
It is manufactured by bonding cowhide fibers and
using PU coating at the end to resemble real
leather. Artificial PU leather is easy to care,
as it can easily be dry-cleaned. Borgers AG
(Germany), BASF S.E. (Germany), DuPont (U.S.),
Faurecia S.A. (France), Lear Corporation (U.S.),
Dow Chemical Company (U.S.), International
Textile Group (U.S.), Johnson Controls Inc.
(U.S.), Eagle Ottawa (U.S.), Sage Automotive
Interiors (U.S.), Katzkin Leather Interiors Inc.
(U.S.), and DK Leather Corporation (Malaysia)are
some of the major manufacturers of automotive
interior materials in the world.
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