Automotive Fabric Market Size, Share, Opportunities, And Trends By Product Type (Non-Woven, Woven, Others), By Fabric Type (Natural, Synthetic), By Application (Upholstery, Flooring, Others), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), And By Geography - Forecasts From 2023 To 2028

The automotive fabric market is anticipated to grow at a steady pace during the forecast period.

Market Overview:

Fabrics are an essential component of automobiles. They are utilized in a wide range of applications, including airbags, upholstery, belts & hoses, and several others, to give the car a more upscale appearance or to improve its safety features. The demand for these textiles for soundproofing, thermal insulation of the inside of vehicles, cushioning, and aesthetic reasons is expected to increase, leading to growth in the global automotive fabrics market. Globalization is causing the change quickly. In most rising nations like China, India, and Brazil, improvements in manufacturing facilities result in higher car sales. According to passenger car and commercial vehicle wholesale data issued by the China Association of Automobile Manufacturers (CAAM), new vehicle sales in China climbed by 7% to 2,505,000 units in October 2022 from 2,333,000 units in the same month of last year. As a result, the market for automotive fabric is growing as the sector's need for automobiles rises. Due to the steady growth in car sales, the demand for fabrics is rising quickly among many automobile manufacturers.

Growth factors:

• Government steps towards vehicle safety standards

The installation of airbags, seat belts, and anti-lock brake systems (ABS) in every vehicle is required by safety rules put in place by several governments, which have a positive impact on the automotive business. In comparison to Asia-Pacific and the rest of the world, Europe and North America adhere to these rules more strictly. However, original equipment manufacturers are helping the government in developing nations strengthen safety measures by including airbags and anti-lock brake systems (ABS) as standard features in cars. This raises the necessity for the fabric material used in the interior safety features of vehicles. To function, these safety systems require different types of fabric for various component applications. For instance, a mechanism for granting "Star Ratings" to vehicles based on their performance in crash testing is proposed by the new car safety assessment program, Bharat NCAP, which will be implemented starting in April 2023. Such government measures are raising public awareness of safety features and fostering the expansion of the automotive fabric market.

• Innovation in the Electric vehicle sector

Manufacturers see room for innovation and increase the number of value-added products they may provide in their current product lines, which translates to market expansion. As a result, efforts are being made to integrate capabilities like sensing, solar, and digital media with materials like textiles that have unique performance and aesthetic properties. Since the development of electric vehicles (EVs) and hybrid vehicles has made it necessary for transportation fabrics to be lighter, quieter, stronger, cleaner, and more easily recyclable, nonwovens are becoming an increasingly significant component of automotive parts. Enabling EVs to drive farther on a single charge is essential because charging outlets are sometimes scarce in the United States. Standard automobile components can be made lighter by up to 50% by switching from injection-moulded plastics to needle punch and nonwoven composites. For instance, the Interaction EASE cabin, which employs smart surfaces that convert into three modes of experience: exploration, entertainment, and ease is developed for BMW's future interactive car interior (2020), which uses BYBORRE materials.

Key Developments:

• October 2022: A premium, totally recyclable warp-knitted fabric with several uses in the automobile industry has been introduced by Lear Corporation. ReNewKnit is marketed as a high-end sueded material that offers a variety of surfaces ideal for different interior applications and enhanced functionality and is recyclable at the end of its life.
• February 2022: The lightweight, durable, and reasonably priced carbon fiber woven fabric was created by Teijin in Japan using its in-house tow-spreading technique. The novel woven fabric is manufactured using 3K (3,000) carbon fiber filament yarn for uses like vehicle interior materials and sporting goods that call for low weight and design flexibility.
• October 2020: The deal to buy Adient's automotive fabric division had been finalized by Sage Automotive Interiors (an Asahi Kasei firm). To maintain its position as the top automotive interior firm worldwide, they seek to increase capacity and capability for vehicle interior products on the European market.

Covid-19 Impact:

The COVID-19 epidemic had a huge influence on the automotive sector, leading to a sharp decrease in vehicle sales, and a lack of raw materials, among other things. Due to a severe lack of competent labour and the raw materials needed to produce fabrics for various uses, COVID-19 had a significant impact on textile businesses all over the world. Manufacturers are impacted in such a way that a far greater portion of their production has been lost. Moreover, the decline in car production around the world has had an impact on the market for automotive fabrics. However, as the pandemic's effects lessen, countries like China are experiencing a rise in vehicle demand, which the automobile industry can meet on a large scale. This demand will ultimately open the market for automotive fabric.

Automotive Fabric Market Scope:

Segmentation

• By product type
  • Non-Woven
  • Woven
  • Others
• By fabric type
  • Natural
  • Synthetic
• By application
  • Upholstery
  • Flooring
  • Others
• By vehicle type
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
• By geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • United Arab Emirates
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
    • Thailand
    • Taiwan
    • Others