Published On : February, 2016
Automotive textile includes all type of textile components e.g. fibers, filaments, yarns and the fabric used in automobiles. These textiles is widely used in automotive industry right from light weight vehicles to a heavy truck or duty vehicles. In an automobile majority of textiles are used in seat upholstery and belts, airbags and cladding, filter and insulating materials, and in numerous other applications.
This report identifies the automotive textile market size in terms of volume for the year 2011-2015, and forecast of the same for year 2020. It highlights potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to automotive textile market.
The global automotive textile market is projected to witness a promising growth from 2015 to 2020, owing to growing global vehicle production volume and increasing use of textile in vehicles due to growing demand for lighter and more fuel efficient vehicles. Asia-Oceania is estimated to be the largest market for automotive textile. China, India, Japan, and South Korea are the main contributors to the automotive textile market in Asia-Oceania.
In this research study, the automotive textile market is divided into three major segments: by type (Polyamide, Polyester, Acrylic, Polyethylene, and others), by application (Upholstery, Carpets & Coverings, Airbags, Seat belts, Tires, Belts & Hoses, & Others) and by region (key countries of Asia-Oceania, North America, South America, & Africa).
The key players in this market have also been identified and profiled. Some of the key players are Hexcel Corporation, Indorama Ventures Public Company Limited, Nexis Fibers, Radici Plastics, Mitsubishi Corporation, Teijin Limited, Toray Industries Inc., SGL Group – The Carbon Company, Invista , and Toyobo Co., Ltd.