The size of the worldwide automotive fabric market was USD 34.10 billion in 2021, and over the forecast period, revenues are anticipated to grow at a CAGR of 4.4%. During the forecast period, factors such as increased consumer demand for environmentally friendly automotive fabric materials and rising usage of automotive fabrics resistant to water, fire, and ultraviolet (UV) rays are anticipated to propel global revenue growth.
Automobile fabrics are textiles used to create the upholstery and interiors of vehicles in the automotive industry. Interior carpets, seats, and dashboards in automobiles are frequently covered with fabrics. Rising demand for automotive fabrics and shifting customer preferences toward high-end automotive products are likely to drive the global market’s revenue growth. Another factor anticipated to fuel the expansion of the global automotive fabric market’s revenue is the use of automotive fabrics as parts in multi-layer composite structures.
Furthermore, the production of automotive components is placing more and more emphasis on raising environmental awareness to safeguard resources, reuse, and recycling of products. Recycled polyester fabrics can be utilized for automotive upholstery, mostly for floor mats and seat covers. This is yet another element driving up demand for automotive fabrics, which in turn fuels the expansion of the global market’s revenue.
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Some Key Highlights in the Report
Companies profiled in the global market report include Adient Plc, Lear Corporation, Toyota Boshoku Corporation, Seiren Co., Ltd., Suminoe Textile Co., Ltd., SRF Limited, Grupo Antolin Irausa, S.A, Heathcoat Fabrics Limited, Auden Group SE, and Tesca Technologies Pvt. Ltd.
Governments’ stringent safety standards for the usage of airbags, safety belts, and others
The installation of airbags, seat belts, and anti-lock brake systems (ABS) in every vehicle is required by safety rules put in place by several governments, which have a positive impact on the automotive business. In comparison to Asia-Pacific and the rest of the world, Europe and North America adhere to these rules more strictly. However, OEMs are helping the government in developing nations strengthen safety measures by including airbags and anti-lock brake systems (ABS) as standard features in cars. As a result, more fabric is used to provide safety measures within the car. To function, these safety systems require different types of fabric for various component applications.
Driver: Rising demand for eco-friendly automotive fabric materials is a key factor driving market revenue growth
The primary driver anticipated to drive market revenue growth is the rising adoption of environmentally friendly automotive fabric materials like polyester, which is recyclable and one of the most affordable fabrics. Another reason driving up demand for automotive fabrics is the growing use of non-woven materials for vehicle carpeting and floor coverings, which is anticipated to drive market revenue development. Recycled polyethylene terephthalate is used to create non-woven automobile carpets, which enhance sustainability and resource efficiency while lowering the environmental pollution. During the projected period, this is anticipated to boost demand for non-woven textiles and propel revenue growth in the automotive fabric market.
The global automotive fabric market is anticipated to expand in terms of revenue due to rising demand for automotive fabrics for car interior thermal insulation, cushioning, soundproofing, and aesthetic purposes. For boot linings, these automotive materials also offer qualities including wear resistance, abrasion resistance, stiffness, durability, and low weight. The global automotive fabric market is also anticipated to rise as a result of rising polyamide and polyethylene terephthalate usage in parcel shelves of automobiles to boost sound absorption. High demand for automotive fabrics is also being caused by the increasing use of nylon, rayon, aramid, and polyethylene terephthalate in tires to give strength and reinforcement, which is predicted to propel revenue growth of the global market between 2022 and 2030.
Over the projected period, a sizably substantial revenue share is anticipated for the polyester segment. Increased use of polyester in cars because of its wrinkle- and water-resistant qualities are anticipated to fuel the segment’s sales growth. In addition, the growing use of polyester textiles because of its thermoplastic, chemical, and heat resistance is raising product demand, which is anticipated to spur the segment’s revenue growth throughout the projected year.
Fabric Type Outlook (Revenue, USD Billion, Volume, Million, Square Meter; 2019-2030)
- Polyester
- Leather
- Vinyl
- Nylon
- Suede
- Others
Application Outlook (Revenue, USD Billion, Volume, Million, Square Meter; 2019-2030)
- Floor Covering
- Pre-assemble Interior Component
- Upholstery
- Air Bags
- Safety Belts
- Tires
- Others
Vehicle Type Outlook (Revenue, USD Billion, Volume, Million, Square Meter; 2019-2030)
- Passenger Vehicle
- Commercial Vehicle
- Light Commercial Vehicle
- Heavy Trucks
- Buses & Coaches
Regional Outlook (Revenue, USD Billion, Volume, Million, Square Meter; 2019-2030)
- North America
- Europe
- the Asia Pacific
- Latin America
- Middle East & Africa
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