Automotive Interior Materials Market to Grow From USD 74.3 Billion in 2016 at a CAGR of 5.3% (2016-2024)
According to Goldstein Research, global automotive interior materials market is expected to reach USD 112.4 billion by 2017 from USD 74.3 billion in 2016, growing at a CAGR of 5.3% over the forecast period 2016-2024. The growth in number of vehicles sold and the changing lifestyle of the consumers is primarily driving the growth of the market. Global automotive interior materials market segmentation has been done on the basis of product type, application, vehicle type and geography. Passenger cars accounted for largest share of 68% in 2016, reason being the passenger cars are the most sold vehicle. Global automotive interior materials market is largely dominated by Asia-Pacific region growing at a CAGR of 6.2% from 2016-2024. North America and Europe are expected to grow at a moderate rate and the growing opportunities are in the new vehicle categories such as electric vehicles and autonomous cars. Browse Full Report: https://www.goldsteinresearch.com/report/automotive-inte...