The market for automobile soft trim interior materials is anticipated to increase from US$ 5743.6 million in 2022 to US$ 9179 million by the end of the forecast period, indicating a CAGR of 4.8%.
Automotive Soft Trim Interior popularly known as “Soft Trims” belongs to automotive interiors segment being a part of the automotive ancillaries sector. The nomenclature is derived from the nature of the product application compared to the hard exterior body & spare parts of the vehicle. It is used in seats, doors, floor liners, pillar covers, cockpit, headliners, etc. of the vehicle. The material used is primarily of 3 types: Leather, Textile/Fabric & Chemical Polymers. Leather is used in Premium automobile models, whereas the latter two cater to Mid & Base Level models in exterior furnishing/covering as well fabrication of core interior body parts. The product has a blend of critical traits more than just the aesthetics aspect; such as Acoustic Control, Durability & Ergonomics, and Feather Weight Capability.
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Automotive Soft Trim Interior Market Dynamics & Trends
The entire 4 wheeler-Automotive vehicle segments such as Light Motor Vehicles, Heavy Commercial Vehicles etc. are major consumers whom the product caters to. It has both OEM & Aftermarket channel sales market. Leather, Coated Fabrics & Textiles is used for seats, door-side handles, head rests, arm-rests, seat belts, fasteners & cockpit sections. The premium/luxury model of the vehicle employ leather type whereas the standard models employ the latter types owing to the material quality & its associated cost. Foams & Acoustic Barriers are used in auxiliary interior body parts.
The product is thus driven both by the automotive OEM for their varied models as well as by end user as per his budget. It can be noted that the existing manufacturers of this material already have a sound access to procurement chemicals & related raw materials. The companies can be a registered to a particular or multiple automotive OEMS which is a determining factor of the company’s standing in the market. These companies are also focusing on different strategies such customized design in order to maintain the market share in the market. Continuous emphasis on new product innovation development by automotive OEMs exists to maintain the competitive advantage by providing more efficient & economic options in the market during the forecast period.
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Automotive Soft Trim Interior Market: Regional Outlook
Geographically, the Automotive Soft Trim Interior industry can be divided by major regions which include North America, Western & Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. America, Germany, China and Japan are the major producing nations. In terms of raw materials, Middle East & African countries are major suppliers of Leather; Chemicals by North America, Europe & Asia Pacific including Japan. The market is projected to grow at a steady growth rate. The market would be volume driven across all regions & vehicle segments. Market coverage in existing & untapped regions with OEM order bank would be critical to the company’s business.
The market does not sees any immediate or external threat at present, only material substitution by advanced types may cannibalize the existing material types.
Automotive Soft Trim Interior Market Players
Some of the players and manufacturers across the value chain of the automotive soft trim interior materials market are:
- NHK SPRING Co., Ltd
- Faurecia Interior Systems, Inc.
- Lear Corporation.
- SEIREN Co., Ltd.
- Grupo Antolin
- Magna International Inc.
- Toyoda Boshoku Corporation
- TS TECH CO., LTD.
- Adient plc
- GST AutoLeather
- Mayur Uniquoters Limited
- The Haartz Corporation
- Recticel NV/SA
- Auto Trim
- Classic Soft Trim
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Key Segments Profiled in the Automotive Soft Trim Interior Materials Market Survey
By Material Type:
- Fabric
- Leather
- Thermoplastic Polymers (Includes PVC)
- Thermoplastic Elastomers
- Thermoplastic Olefins (TPO)
- Thermoplastic Polyurethanes (TPU)
By Application:
- Door Trim
- Seating
- Cockpit and Dashboard
- Pillar Trim
- Headliner
- Floor/Acoustic Systems
- Trunk
By Vehicle Type:
- Passenger Cars
- Sub-Compact
- Compact
- Mid-Size
- Sedan
- SUV/MUV
- Luxury
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Sales Channel:
- OEM
- Aftermarket
By Region:
- North America
- Latin America
- The Asia Pacific
- MEA
- Europe
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