Key Findings
The Europe automotive fabrics market was valued at $XX million in 2018 and is projected to reach $XX million by 2027 at a CAGR of 2.89% during the forecasting years of 2019-2027.
Market Insights
The market in Europe is analyzed across Germany, the United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe. Currently, there is a high focus on higher fuel efficiency and autonomous driving in Europe. Germany is recognized as a major automotive industry in Europe owing to the presence of big manufacturing companies such as BMW, Volkswagen, Audi, Mercedes-Benz and other. Also, the country-specific market is boosting the lightweight construction of vehicles through its initiatives that focus on the development of lightweight and environment-friendly materials and production technologies.
Competitive Insights
The eminent companies operating in the market are Faurecia S.A, Magna International Inc., Acme Mills Company Inc., Adient PLC, Lear Corporation, SRF Limited, Toyota Boshoku Corporation, Martur Automotive Seating System, Seiren Co. Ltd., Heathcoat Fabrics Ltd., Suminoe Textile Co. Ltd., and Grupo Antol?n-Irausa, S.A.