Automotive
manufacturers are focusing more on interiors of automotives due to
the demand and changing taste and preferences of customers.
Manufacturers are seen to concentrate on the materials of automotive
interiors which help them to differentiate their brands from others
and support their sustainability objectives. There are three basic
materials that are used in automotive interiors: vinyl, leather and
fabric (velvet, velour and cloth fabrics).
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Research Report of Automotive Interior Materials Market :
Manufacturers are
also using light weight material to reduce the weight of automotives
due to continuing concerns regarding fuel efficiency. New
technologies and light weight metal alloys are driving the
attractiveness of the market. Some of the materials that are
redefining the growth of this market include: Stainless Steel,
Polyphenylene Oxide, Acrylonitrile-Butadiene-Styrene (ABS), Platinum
Group Metals (PGM), Thermoplastic Polyolefins and many more. These
materials provide high resistance to oil, low temperature flexibility
and excellent elasticity.
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Report :
Continuous research
and development in automotive materials may lead to further
opportunities. More joint ventures and mergers may help to cater to
the increasing market demand. Some advanced materials such as fabric
upholstery require maintenance and cleanliness which may limit the
sale of automotives. Also high cost of advanced materials is a big
challenge to manufacturers.
Some of the key
players in the market include AK Steel Holding Corporation, BASF AG,
DuPont (EI) de Nemours, General Electric Company, Goodrich (BF)
Performance Materials, Honeywell International Incorporated, United
States Steel Corporation, 3M Company, Noveon Incorporate, Hoeganaes
Corporation, Material Sciences Corporation, LNP Engineering Plastics,
Phillips Plastics Corporation, Sunprene Company etc.
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