According to a new report, published by KBV research, The Global Automotive Trim Market size is expected to reach $41.6 Billion by 2029, rising at a market growth of 6.6% CAGR during the forecast period.
The Polypropylene (PP) market is leading the Global Automotive Trim Market by Material in 2022; thereby, achieving a market value of $15.2 billion by 2029. This is because polypropylene (PP) can be modified for various uses and is considered a more durable plastic material. Among many other qualities, its capacity to be widely used in the production of different automotive components, its exceptional resistance to corrosion, and its ability to function as an insulator, have all helped the category grow.
The Interior market is anticipated to grow at a CAGR of 8.3% during (2023 - 2029). Due to the wide variety of interior trims, many different manufacturing processes exist. Before manufacturing, experts develop fresh concepts for trim pieces and evaluate underlying theories. This ensures that each component has a specific aesthetic and practical appeal level. A premium variety of interior trim is offered by several companies.
The OEM market acquired maximum revenue share in Global Automotive Trim Market by End Use in 2022; thereby, achieving a market value of $27 billion by 2029. OEMs are becoming more significant in the automotive trims market due to the rising usage of functional components in automobiles. In addition, the rise of the market has also been spurred by the development of technology, which has enabled consumers to choose effective auto parts.
The ICE Commercial Vehicle market is posed to grow at a CAGR of 6.2% during (2023 - 2029). Electric commercial trucks transport a variety of items from one place to another. ICE commercial cars are more common in the automobile market due to the demand for cargo transportation. Additionally, the business is growing due to international government regulations that have raised the demand for more advanced and useful electric commercial vehicles.
The Asia Pacific market dominated the Global Automotive Trim Market by Region in 2022; thereby, achieving a market value of $16.3 billion by 2029. The Europe market is exhibiting a CAGR of 6% during (2023 - 2029). Additionally, The North America market would register a CAGR of 6.4% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/automotive-trim-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of International Automotive Components (IAC) Group, Continental AG, Fritz Dräxlmaier GmbH & Co. KG, Gemini Group, Inc., TS TECH Co., Ltd., Gronbach Inventive Sales & Marketing GmbH & Co KG, Grupo Antolin Irausa, S.A., Kasai Kogyo Co., Ltd., Toyota Boshoku Corporation, Trinseo PLC
By Material
By Application
By End Use
By Vehicle Type
By Geography
Companies Profiled
Unique Offerings 
