Dublin, Oct. 24, 2024 (GLOBE NEWSWIRE) — The “Europe Surface Materials for Transportation Market: Focus on Vinyl, Leather, Fabric, and Other Alternatives” report has been added to ResearchAndMarkets.com’s offering.

The Europe surface materials for transportation market is projected to reach $12.27 billion by 2033 from $5.97 billion in 2023, growing at a CAGR of 7.46% during the forecast period 2023-2033

Surface materials, which include upholstery, dashboards, headliners, and more, are in high demand in the European transportation business as major industries including rail, automobile, marine, and aviation continue to grow. The growing use of surface materials, particularly in the automotive sector across leading European economies like Germany, France, Italy, and others, is anticipated to propel the market’s growth between 2023 and 2033.

The market for materials including textiles, natural and synthetic leather, and non-wovens is also being driven by the increasing trend of aftermarket customization. This is probably going to help with market growth along with the increase in car production. However, growing installation costs and fluctuating raw material prices in the price-sensitive European market could prevent consumer uptake, posing a challenge to the broader surface materials sector for transportation.

The European market for surface materials for transportation plays a crucial role in the region’s larger transportation and manufacturing sectors by providing materials for dashboards, headliners, and upholstery in automobiles. Important industries served by the market include rail, automobile, aviation, and maritime, all of which are vital to the European economy. The need for superior and cutting-edge materials is only increasing due to the presence of well-established automotive centers in nations like Germany, France, and Italy.

The market is fueled by things like rising customer demand for high-end, personalized car interiors and advances in material engineering technology. Growing consumer demand for recyclable and environmentally friendly materials has made sustainable solutions a top priority, particularly in light of Europe’s strict environmental laws. The transition to electric cars (EVs) further accelerates the need for advanced, lightweight surface materials that support energy efficiency.

However, the market is challenged by rising production and installation costs as well as volatile raw material prices. Despite these challenges, the European surface materials market for transportation is well-positioned to expand thanks to its robust industrial base, innovation-focused approach, and sustainability-focused focus.

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different surface materials, various sales channels such as OEM and aftermarket, end-use industries, and different material types involved in the production of surface materials. Moreover, the study provides the reader with a detailed understanding of the Europe surface materials for transportation market based on the end user (automotive, marine, aviation, rail and others).

Growth/Marketing Strategy: The Europe surface materials for transportation market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been product developments, business expansions, and acquisitions to strengthen their position in the global surface materials for transportation market.

Competitive Strategy: Key players in the Europe surface materials for transportation market analyzed and profiled in the study involve surface materials manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the surface materials for transportation market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

AUTOSTOP AVIATIONSchoeller Textil AGMIKO srlCovestro AGContinental AGBASF SEInfinited Fiber Company

Market Segmentation

Application

UpholsteryHeadlinerDashboardOthers

Sales Channel

End-Use Industry

AutomotiveMarineAviationRail

Material Type

VinylLeatherFabricOther Sustainable Alternatives

Country

GermanyFranceU.K.ItalyRest-of-Europe

Key Attributes:

Report AttributeDetailsNo. of Pages77Forecast Period2023 – 2033Estimated Market Value (USD) in 2023$5.97 BillionForecasted Market Value (USD) by 2033$12.27 BillionCompound Annual Growth Rate7.4%Regions CoveredEurope

Key Topics Covered:

Executive Summary

Scope of the Study

Scope and Definition

1 Market: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Trend Analysis: Surface Materials for Transportation Market
1.1.2 Increasing Adoption of Luxury and Performance Vehicles
1.1.3 Changing Consumer Behavior toward Comfort and Aesthetics in Transportation
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Pricing Forecast (by Material Type, $/Meter)
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Country, Company)
1.4 Regulatory Landscape
1.5 Stakeholder Analysis
1.5.1 Use Case
1.5.2 End User and Buying Criteria
1.6 Market Dynamics Overview
1.6.1 Market Drivers
1.6.1.1 Increase in Demand for Aftermarket Customer Modifications
1.6.1.2 Increase in Vehicle Production
1.6.2 Market Challenges
1.6.2.1 High Material and Installation Cost
1.6.2.2 Increase in Regulations for Materials
1.6.3 Market Opportunities
1.6.3.1 Advancements in Technology for Surface Materials
1.6.3.2 Growth in Adoption of Smart Features
1.7 Integration of Surface Materials with Ongoing Automotive Advancements
1.8 Selection Criteria for Surface Materials
1.8.1 Key Comparisons between Fabrics and Properties
1.8.1.1 Vinyl
1.8.1.2 Natural Leather
1.8.1.2.1 Synthetic Leather
1.8.1.2.2 Polyurethane (PU)
1.8.1.2.3 Polyvinyl Chloride (PVC)
1.8.1.2.4 Polyester
1.8.1.2.5 Others
1.8.1.3 Fabric
1.8.1.3.1 Polyester
1.8.1.3.2 Natural Fabric
1.8.1.3.3 Wool/Nylon Blend
1.8.1.4 Other Sustainable Alternatives
1.8.1.4.1 Recycled Materials
1.8.1.4.2 Plant- and Bio-Based Materials
1.8.1.4.3 Bio-Based Fabric
1.8.2 Evaluation of Chemical Composition
1.8.3 Application-Wise Compatibility

2 Surface Materials for Transportation Market (by Region)
2.1 Surface Materials for Transportation Market (by Region)
2.2 Regional Summary
2.3 Europe
2.3.1 Market
2.3.1.1 Key Market Participants in Europe
2.3.1.2 Business Drivers
2.3.1.3 Business Challenges
2.3.2 Application
2.3.3 Product
2.3.4 Europe (by Country)
2.3.4.1 Germany
2.3.4.1.1 Application
2.3.4.1.2 Product
2.3.4.2 France
2.3.4.2.1 Application
2.3.4.2.2 Product
2.3.4.3 U.K.
2.3.4.3.1 Application
2.3.4.3.2 Product
2.3.4.4 Italy
2.3.4.4.1 Application
2.3.4.4.2 Product
2.3.4.5 Rest-of-Europe
2.3.4.5.1 Application
2.3.4.5.2 Product

3 Markets – Competitive Landscaped and Companies Profiled
3.1 Next Frontiers
3.2 Competitive Benchmarking
3.3 Market Share Analysis (by Material Type)
3.4 Company Profiles
3.4.1 Overview
3.4.2 Top Products/Product Portfolio
3.4.3 Top Competitors
3.4.4 Target Customers/End-Use Industries
3.4.5 Key Personnel
3.4.6 Analyst View
3.4.7 Market Share (2022)

4 Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/lba72h

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European Surface Materials for Transportation Market