About Automotive Upholstery
Automotive upholstery is a furnishing covering and is found in many parts of the interiors of the automobile. It is also known as a trimmer, coach trimmer, or motor trimmer. The term coach trimmer was derived during the days when the car frames were produced separately and then delivered to the coachbuilders to add car body and interior trimmings. Earlier, the trimmers (upholsterers) would provide soft furnishings, carpets, soft tops, and roof linings that are made according to the customer specifications. Later, these trim shops became a part of the production line where the production process was broken down into smaller parts, which could be managed by semi-skilled labor.
Technavio’s analysts forecast the global automotive upholstery market to grow at a CAGR of 12.10% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of global automotive upholstery market for 2017-2021. To calculate the market size, the report considers the automotive upholsteries installed in factory fitted cars from OEMs and aftermarket upholsteries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Upholstery Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive upholstery market: Adient, CMI Enterprises, Faurecia, Katzkin Leather, Lear, and TOYOTA BOSHOKU
Other Prominent Vendors in the market are: Johns Manville, Ahlstrom-Munksjö, The Automobile Trimmings, Bonar, CHA Technologies Group, Changchun Faway-Johnson Controls Automotive Systems, Delaware Valley, Exten, Fibertex Nonwovens, Freudenberg & Co. KG, Hassan Group, Hayashi Telempu, Hollingsworth & Vose, IMS Nonwoven, J.H. Ziegler, K&H European Auto Upholstery, Komitex, Lion's Automotive Upholstery, Polymer Group, Sandler, SEIREN, Spradling International, TEIJIN, Tessiture Pietro Radici, and The Prestige Companies Auto Upholstery.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is New polyol to reduce VOC emission. Automotive interior components are made of materials, such as plastic polymers, elastomers, substrate, and foam, which emit volatile organic compounds (VOCs). VOCs have a high vapor pressure at ordinary room temperature and hence disperse a large number of molecules from the liquid or solid form of the compound into the surrounding air. This causes suffocation and odor inside the vehicle. Therefore, to overcome this challenge, several vendors are focusing on shifting toward low-VOC-emitting materials, such as resin, thereby providing a better driving experience.”
According to the report, one of the major drivers for this market is Flexible financing leading to increased passenger car sales. Car loans are an integral component of the automotive industry and are the biggest driving factor for improving car sales, thereby indirectly improving the sales of the automotive glove box. GM was the first company in the automotive industry to establish a non-banking institution that would support the potential buyers to buy cars and indirectly assist the OEMs in improving their car sales.
Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices. The fluctuation in the price of raw materials is another major challenge faced by vendors in the global automotive upholstery market. The manufacture of polyurethane (PU) foams and polyethylene (PE) foams requires raw materials such as benzene, toluene, and other chemicals, which are acquired from the oil and gas industry. Further, elastomers and other polymer plastics such as polypropylene (PP) used in vehicles are a crude-oil based material. The oil and gas industry is one of the principal suppliers of raw materials for the global polymer market and is affected by the price fluctuations of crude oil. Crude oil prices in the market are currently highly volatile resulting in unstable feedstock prices for polymers used in the production of automotive interiors.
Adient, CMI Enterprises, Faurecia, Katzkin Leather, Lear, and TOYOTA BOSHOKU, Johns Manville, Ahlstrom-Munksjö, The Automobile Trimmings, Bonar, CHA Technologies Group, Changchun Faway-Johnson Controls Automotive Systems, Delaware Valley, Exten, Fibertex Nonwovens, Freudenberg & Co. KG, Hassan Group, Hayashi Telempu, Hollingsworth & Vose, IMS Nonwoven, J.H. Ziegler, K&H European Auto Upholstery, Komitex, Lion's Automotive Upholstery, Polymer Group, Sandler, SEIREN, Spradling International, TEIJIN, Tessiture Pietro Radici, and The Prestige Companies Auto Upholstery.
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