The composites segment held the largest share in 2020, accounting for more than one-thirds of the global automotive interior materials market. Moreover, the segment is estimated to register the highest CAGR of 4.8% during the forecast period, due to the fact that composites are used to make vehicles lighter, safer, and more fuel-efficient. The report …
Tag Archives: Automotive Interior Materials
Automotive Interior Materials Market Size, and Shares are Likely to Grow at a CAGR of 3.9% By 2030
Rise in focus on overall weight reduction of automobiles to optimize fuel efficiency and surge in consumption of plastics in automotive production have boosted the growth of the global automotive interior materials market. A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This …
Automotive Interior Materials Market Set for Explosive Growth with top players till 2030
Rise in focus on overall weight reduction of automobiles to optimize fuel efficiency and surge in consumption of plastics in automotive production have boosted the growth of the global automotive interior materials market. However, high volatility in the prices of raw materials hinders the market growth. On the contrary, surge in adoption of green technology …
Automotive Interior Materials Market Growth Powered with Latest Development Scenario & Influencing Trends
Allied Market Research published a research report on the automotive interior materials market. The findings of the report states that the global market for automotive interior materials generated $55.0 billion in 2020, and is projected to reach $80.2 billion by 2030, growing at a CAGR of 3.9% from 2021 to 2030.The report offers valuable information …