Global Automotive Interior Materials Market Global Opportunity Analysis and Industry Forecast, 2014-2022 Global Automotive Interior Materials Market was valued at $77,553 million in 2015, and is expected to reach $124,469 million by 2022, registering a CAGR of 6.9% from 2016 to 2022. Automotive interior materials are resources that are utilized inside the cabin of an automotive, such as plastics, metals, and composites. As the operational properties of automotive reach acceptable levels of performance, consumers demand improved ergonomic and appealing features of the interior design. The cabin section of a vehicle is critical to vehicle weight, making lightweight interior materials imperative to conserving emission levels. Superior attributes and functions of cabin components have led to significant increase in number of vehicle interior components.
The global automotive interior materials market is driven by high demand for low-emission materials, especially from emerging countries, and stringent fuel economy standards. However, increase in cost of genuine leather due to demand-supply gap and regulations concerning synthetic leather are expected to hamper the market growth in the future. Technological developments in production processes of automotive materials are expected to lead to lower cost of production and superior sustainability, leading to improvement in performance efficiency. Automotive interior materials provide an aesthetic look, sustainability, and better reliability, leading to superior design of automotive cabins over time. Innovative automotive