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Automotive Nonwoven Fabrics Market Share

Report ID: GMI6247
Published Date: Jul 2023
Report Format: PDF

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Automotive Nonwoven Fabrics Market Share

Major players operating in the automotive nonwoven fabrics market include :

Freudenberg Performance Materials
Ahlstrom-Munksj
Kimberly-Clark Corporation
DuPont de Nemours
Lydall
Hollingsworth & Vose Company
Toray Industries
Mitsui Chemicals
Berry Global Group
Asahi Kasei Corporation

These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for automotive nonwoven fabrics exceeded USD 51.5 billion in 2022 and is projected to reach USD 70.6 billion by 2032 driven by the increasing focus of automotive manufacturers on lightweight vehicles to improve fuel efficiency and reduce carbon emissions.

Automotive nonwoven fabrics industry from the polyester segment generated USD 15.4 billion in 2022 and is poised to witness high demand from 2023-2032 owing to advantages, such as superior durability, strength, and resistance to wear & tear as well as the versatility and cost-effectiveness.

U.S. market for automotive nonwoven fabrics accounted for USD 6.8 billion in 2022 and is projected to exhibit lucrative gains through 2032 attributed to the presence of several vehicle manufacturers and suppliers coupled with the rising R&D investments in the automotive sector.

Some of the major companies operating in the automotive nonwoven fabrics industry are Freudenberg Performance Materials, Ahlstrom-Munksjö, Kimberly-Clark Corporation, DuPont de Nemours, Lydall, Hollingsworth & Vose Company, Toray Industries, Mitsui Chemicals, and Berry Global Group.