Automotive Upholstery Market Will Grow at 10.55% CAGR to 2019

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Oct 13, 2015, 04:00 ET

PUNE, India, October 13, 2015 /PRNewswire/ --

The global automotive upholstery market is forecast to grow at a CAGR of 10.55% over the period 2014 - 2019 with majority of the players highly dependent on the automobile industry as well as current fashion trends.

Complete report on automotive upholstery market spread across 67 pages, analyzing 6 major companies and supported with 40 data exhibits is now available at http://www.sandlerresearch.org/global-automotive-upholstery-market-2015-2019.html.

According to the Global Automotive Upholstery Market 2015 - 2019 report, the industry is driven by several factors, including the cost and weight advantages offered by upholstery. Automobile manufacturers are directing their efforts into reducing the overall weight of automobiles to enhance fuel economy and lower carbon dioxide emissions. Nonwoven upholstery, which is light, low cost, and easily moldable, comes as an alternative in several applications such as air extractor, doors, and rear seat strainer.

Commenting on the automotive upholstery market report, an analyst said: "Vendors that invest in the development of new products and technologies remain competitive in the market and raise demand from new end-user industries. Driven by efforts directed at reducing the overall weight of automobiles to enhance fuel economy and reduce carbon dioxide emissions, investments in developing product portfolios with specific properties for specific end-user applications of lightweight nonwoven upholstery have been on the rise."

Further, the report states that the growth of the global automotive upholstery market is curtailed by some serious challenges, including the volatility of raw material prices. Upholstery is produced using raw materials derived from crude oil, agriculture, or forestry. Unstable feedstock prices adversely affect the total cost of the product, which also affects vendors' revenues. Order a copy of Global Automotive Upholstery Market 2015 - 2019 report at http://www.sandlerresearch.org/purchase?rname=44339.

The following companies are the key players in the Global Automotive Upholstery Market: CMI, Johnson Controls, Katzkin Leather and Toyota. Other prominent vendors: Ahlstrom, Automobile Trimmings, Bonar, CHA Technologies, Changchun Faway-Johnson Controls Automotive Systems, Delaware Valley, Exten, Faurecia, Fibertex Nonwovens, Hassan Group, Hayashi Telempu, Hollingsworth & Vose, IMS Nonwoven, J.H. Ziegler, K&H European Auto Upholstery, Komitex, Lions Automotive Upholstery, Polymer Group, Sandler, Seiren Group, Spradling, Teijin, Tessiture Pietro Radici, The Prestige Companies Auto Upholstery and XKSS.

This report covers the present scenario and the growth prospects of the global automotive upholstery market for the period 2015-2019. The report includes the market for woven and nonwoven, combined, upholstery used in an automobile. To calculate the market size, the manufacturer's price of automotive upholstery to OEMs and the aftermarket has been considered. The report provides segmentation of the market based on End market (OEMs and aftermarket).

The report also presents the vendor landscape and a corresponding detailed analysis of five key vendors in the market. In addition, the report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

The report, Global Automotive Upholstery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and Americas. Browse Table of Content of the Report at http://www.sandlerresearch.org/toc/global-automotive-upholstery-market-2015-2019.html.

SandlerResearch.org has multiple newly published and relevant research reports on the Automotive market:

Global Automotive Switches Market 2015-2019: This research forecast global automotive switches market to grow at a CAGR of 4.49% over the period 2014-2019. Bosch, Continental, ZF, TRW, Delphi, Hella, Panasonic, Eaton, Alps, Stoneridge, and Fusi are companies mentioned in this report. Electrification in automobiles is becoming more complex as new technologies are accepted and implemented. Auto manufacturers use electronics in automobiles to make systems more efficient and reliable. With control requirements growing, increased electrification in vehicles, and simplified wiring, the use of more switches is inevitable. Further, the report states that touchscreen technology has evolved from single to multi-touchscreen recognition, reducing the dependency on external buttons and thereby posing a direct threat to automotive switches. Read more at http://www.sandlerresearch.org/global-automotive-switches-market-2015-2019.html .

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