Global Automotive Upholstery Market 2017-2021 with Adient, CMI Enterprises, Faurecia, Katzkin Leather, Lear, and Toyota Boshoku Dominating - iCrowdNewswire
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Jan 5, 2018 10:55 AM ET

Global Automotive Upholstery Market 2017-2021 with Adient, CMI Enterprises, Faurecia, Katzkin Leather, Lear, and Toyota Boshoku Dominating

iCrowdNewswire - Jan 5, 2018

The “Global Automotive Upholstery Market 2017-2021” report has been added to Research and Markets’ offering.

The global automotive upholstery market to grow at a CAGR of 12.10% during the period 2017-2021.

Global Automotive Upholstery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The latest trend gaining momentum in the market is New polyol to reduce VOC emission. Automotive interior components are made of materials, such as plastic polymers, elastomers, substrate, and foam, which emit volatile organic compounds (VOCs). VOCs have a high vapor pressure at ordinary room temperature and hence disperse a large number of molecules from the liquid or solid form of the compound into the surrounding air. This causes suffocation and odor inside the vehicle. Therefore, to overcome this challenge, several vendors are focusing on shifting toward low-VOC-emitting materials, such as resin, thereby providing a better driving experience.

According to the report, one of the major drivers for this market is Flexible financing leading to increased passenger car sales. Car loans are an integral component of the automotive industry and are the biggest driving factor for improving car sales, thereby indirectly improving the sales of the automotive glove box. GM was the first company in the automotive industry to establish a non-banking institution that would support the potential buyers to buy cars and indirectly assist the OEMs in improving their car sales.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. The fluctuation in the price of raw materials is another major challenge faced by vendors in the global automotive upholstery market. The manufacture of polyurethane (PU) foams and polyethylene (PE) foams requires raw materials such as benzene, toluene, and other chemicals, which are acquired from the oil and gas industry.

Crude oil prices in the market are currently highly volatile resulting in unstable feedstock prices for polymers used in the production of automotive interiors.

Key Vendors:

– Adient
– CMI Enterprises
– Faurecia
– Katzkin Leather
– Lear
– TOYOTA BOSHOKU

Other Prominent Vendors:

– Johns Manville
– Ahlstrom-Munksj
– The Automobile Trimmings
– Bonar
– CHA Technologies Group
– Changchun Faway-Johnson Controls Automotive Systems
– Delaware Valley
– Exten
– Fibertex Nonwovens
– Freudenberg & Co. KG
– Hassan Group
– Hayashi Telempu
– Hollingsworth & Vose
– IMS Nonwoven
– J.H. Ziegler
– K&H European Auto Upholstery
– Komitex
– Lion’s Automotive Upholstery
– Polymer Group
– Sandler
– SEIREN
– Spradling International
– TEIJIN
– Tessiture Pietro Radici
– The Prestige Companies Auto Upholstery

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation by End-User

Part 07: Geographical Segmentation

Part 08: Key Leading Countries

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/xwvg2m/global_automotive?w=3

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
[email protected]
Related Topics: Automotive Interior Components (https://www.researchandmarkets.com/categories.asp?cat_id=279&campaign_id=xwvg2m), Automotive Seats and Components (https://www.researchandmarkets.com/categories.asp?cat_id=931&campaign_id=xwvg2m)

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