Home / news / $34.35 Billion Automotive Fabric (Floor Covering, Upholstery, Pre-assembled Interior Components, Tires, Safety-Belts, Airbags) Market 2017 quoting : Yahoo Finance

$34.35 Billion Automotive Fabric (Floor Covering, Upholstery, Pre-assembled Interior Components, Tires, Safety-Belts, Airbags) Market 2017 quoting : Yahoo Finance

As it stated in The automotive fabrics market is projected to reach USD 34.35 Billion by 2021, registering a CAGR of 3.3% between 2016 and 2021.
Growing public awareness and increase in concerns for safety regarding the usage of airbags drives the demand for automotive fabrics in airbags application.
The availability of non-fabric substitutes such as natural leather, synthetic leather, artificial leather, and PVC leather is restraining the growth of the market.
The rising demand for automobiles is driving the market for automotive fabrics in Asia-Pacific.
The market in this region is driven by the increased demand from China, Japan, South Korea, and India.

$34.35 Billion Automotive Fabric (Floor Covering, Upholstery, Pre-assembled Interior Components, Tires, Safety-Belts, Airbags) Market 2017

according to SAN FRANCISCO, February 15, 2017 /PRNewswire/ –The global automotive silicones market is expected to reach USD 5.84 billion by 2025, according to a new report by Grand View Research, Inc.
Contact:Sherry JamesCorporate Sales Specialist, USAGrand View Research, IncPhone: 1-415-349-0058Toll Free: 1-888-202-9519Email: sales@grandviewresearch.comWeb: www.grandviewresearch.com
The growing awareness about lightweight materials used in automotive production is expected to drive the demand for silicones.
The industry is dominated by Asia Pacific due to the presence of a large number of automotive parts manufacturers and production facilities of silicone in countries such as China, Japan and India.
(Logo: http://photos.prnewswire.com/prnh/20150105/723757 )automotive silicones are being used in a host of applications on account of their favorable properties such as resistance to corrosion, chemicals, heat and ultraviolet rays.

according to

Top 3 Trends Impacting the Global Automotive Rain Sensing Wiper System Market Through 2021: Technavio

LONDON–(BUSINESS WIRE)–Technavio’s latest market research report on the global automotive rain sensing wiper system market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021.
Development all-weatherproof wiper blade technology results in streak-free visibilityAdvances in the field of wiper blade technology are evident with the development of new systems that promise to provide clear visibility of the road ahead.
Thus, the global automotive rain sensing wiper system market is directly correlated to the global automotive market which is estimated to achieve sales of 113 million units by 2020.”Request a sample report: http://www.technavio.com/request-a-sample?report=56618Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Competition is likely to intensify further in the light of continuous innovation and technological advances taking place in the global automotive industry.
The advanced heated wiper blade system consists of the heated fluid within the blade frame, which is used to provide a clear, streak-free view of the road ahead.

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