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The global automotive trim market attained a value about USD 34.93 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.3% to reach nearly USD 71.58 billion by 2032.
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The increasing global sales of luxury automobiles such as sedans and convertibles are increasing the demand for innovative automotive trims, which has propelled the market growth. The rising demand for passenger cars due to rapid population growth and growing disposable incomes in developing nations has escalated the demand for exterior and interior trim parts. As consumers are preferring cars with enhanced comfortability and safety, the deployment of interior trim solutions is surging, which has invigorated the growth of the market.
In addition, since manufacturers are increasingly developing consumer-centric products by customising the exterior and interior trim parts as per customer request, the deployment of automotive trim is increasing, thereby catalysing the market growth. The increasing focus on developing innovative products while expanding their product offerings is leading to a surge in collaborations and research activities, hence escalating the availability of advanced automotive trims. The companies are also adopting the latest technological advancements and innovations, which is projected to bolster the growth of the automotive trim industry in upcoming years.
Automotive trims are the plastic components in the automotive that enhance the appearance and features of vehicles. They are deployed to depict the special features of automobiles. Various components such as dashboards and rear and front bumpers, among others, are installed in automobiles to enhance the functionality and aesthetics of automobiles.
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The major material types of automotive trim are:
The market, based on interior applications, can be broadly classified into:
Based on exterior applications, the market is divided into:
By vehicle types, the industry is categorised into:
On the basis of end uses, the market is bifurcated into:
The EMR report looks into the regional markets of automotive trim like North America, Europe, the Asia pacific, Latin America, and the Middle East and Africa.
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The robust growth of the automotive sector in countries like the United States, China, Japan, India, the United Kingdom, and Germany, among others, is invigorating the market growth. Companies are increasing their manufacturing facilities in developing nations due to the growing market for automotive components and automobiles, which, in turn, is expected to bolster the growth of the market. Moreover, the rising demand for comfort and luxury cars is increasing the deployment of automotive trims to enable high-quality assembly of vehicular components, which is expected to provide impetus to the market growth.
As the sales of luxury cars are anticipated to rise due to advancements in automotive technology and growth in the economy of developing nations, the market is expected to witness robust growth. Furthermore, the growing demand for automotive trims to reduce vibration, noise, and rough performance of vehicles to enhance the comfort and durability of vehicles is estimated to fuel the market growth. In addition, the rising adoption of automotive lightweight materials is expected to significantly contribute to the market growth in the forecast period.
The report presents a detailed analysis of the following key players in the global automotive trim market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material Type |
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| Breakup by Interior Applications |
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| Breakup by Exterior Applications |
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| Breakup by Vehicle Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global automotive trim market attained a value of nearly USD 34.93 billion in 2023.
The market is projected to grow at a CAGR of 8.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 71.58 billion by 2032.
The rising production of passenger vehicles and growing demand for customised automobiles are fuelling the demand for automotive trims and driving the growth of the market.
The key trends of the market include the growing demand for luxury vehicles, increasing adoption of lightweight automotive materials, and advancements in automotive technology.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various material types of automotive trim in the market are acrylonitrile butadiene styrene (ABS), polypropylene (PP), polyoxymethylene (POM), and thermoplastic elastomer (TPE), among others.
The significant interior applications of automotive trim are dashboard and door panel, among others.
The leading exterior applications of automotive trim are bumpers, and window and door seals, among others.
The major vehicle types of automotive trim are ICE passenger vehicle, ICE commercial vehicle, battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV).
The significant end uses of automotive trim are original equipment manufacturers (OEMs) and aftermarket.
The key players in the global automotive trim market are DRÄXLMAIER Group, Siemens Aktiengellschaft, KASAI KOGYO CO. LTD., DURA Automotive Systems, CIE Automotive, and UFP Technologies, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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