Global Automotive Plastic Interior Trims Market: Introduction
Automotive plastic interior trims play significant role in the vehicles overall aesthetics and is largely influencing the consumer’s buying decision. Automotive plastic interior trims are the vehicle interior components which are basically improving the appearance of the vehicle interior. Additionally, automotive plastic interior trims are vital module components which are creating a more comfortable interior by providing a variety of accouterments and functions. Automotive plastic interior trims find wide range of application starting from door panels to side panels, seats to headliners, and many more.
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Moreover, in the global market of automotive plastic interior trims market, the manufacturers are highly engaged in the product development along with customized product offering according to demand. This can be attributed to the increasing demand for customized interior or vehicle customization activities across the globe. This is further expected to allow the entry of new players in the automotive plastic interior trims aftermarket.
Global Automotive Plastic Interior Trims Market: Dynamics
The automotive plastic interior trims market is directly depended on the future outlook of automotive industry. The growing demand for automobiles is expected to drive the demand for automotive plastic interior trims market during the forecast period. Moreover, with the growing demand for fuel efficient cars, the demand for lightweight automotive plastic interims is also expected to increase during the forecast period. Furthermore, the increasing production for electric and hybrid vehicles is also expected to fuel the demand for lightweight automotive plastic interior trim innovations and applications.
The growing penetration of other interior trim materials such as natural fiber components, wood composites and fiberglass materials is expected to have significant impact on the automotive plastic interior trims market.
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Global Automotive Plastic Interior Trims Market: Segmentation
The global automotive plastic interior trims market can be segmented on the basis of application, vehicle type, sales channel and region.
On the basis of application, global automotive plastic interior trim market is segmented as:
- Instrument Panels
- Roof Handles
- Door Trims
- Armrest
- Central Consoles
- Seat Belt Guides
- Seat Backs
- Pillar Trims
- Luggage Trims
On the basis of vehicle type, global automotive plastic interior trim market is segmented as:
- Passenger Cars
- Commercial Vehicles
On the basis of sales channel, global automotive plastic interior trim market is segmented as:
- OEM
- After Market
Global Automotive Plastic Interior Trims Market: Regional Outlook
In the global market of automotive plastic interior trims, the analysis is to be done on the basis of automotive production and demand across all the key geographies. The increasing demand for automobiles in the Asia Pacific region is mainly due to growing automotive industry of India and China, making the region to dominate in the global market of automotive plastic interior trims. Moreover, growing population and rising disposable income of people across the Asia Pacific region is creating significant demand for luxury & premium vehicles. This is also expected to uplift the demand for decorative automotive plastic interior trims during the forecast period. The region is also expected to witness healthy Y-O-Y growth throughout the forecast period. Moreover, the market in Europe and North America is expected to grow with the moderate CAGR during the forecast period. This can be attributed to the presence of manufacturing bases of leading automobile manufacturers in the region which is expected to create significant demand for automotive plastic interior trims from the respective region. Furthermore, the market for automotive plastic interior trims in the MEA is import oriented. Hence, the region is anticipated to hold minimal share in the global automotive plastic interior trims market in the future.
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Global Automotive Plastic Interior Trims Market: Market Participants
In the global market automotive plastic interior trims market, names of the some of the players engaged in the manufacturing & sales of automotive plastic interior trims across the global are:
- CIE Automotive
- Neaton Auto Products Manufacturing, Inc.
- Trinseo
- KASAI KOGYO CO., LTD.
- ITG Company
- Dassault Systèmes
- Sage Automotive Interior Trim
- TS TECH CO.,LTD.
- DOUGLAS CORPORATION
- Covestro AG
- HAYASHI TELEMPU CORPORATION