Surface Materials for Transportation Market: A Comprehensive Overview for 2023-2023

21 Mar 2024

Surface materials for transportation encompass a diverse range of materials like vinyl, polyurethane, polyvinyl chloride, polyester, natural fabric, leather, recycled and bio-based materials. These materials find applications in seats, steering wheels, dashboards, and headliners. They offer enhanced safety, durability, low maintenance, and cost-effectiveness benefits.  

In recent years, the market has significantly shifted towards customer modifications, especially in upholstery, headliner, and dashboard applications. The rise in the adoption of luxurious vehicles has further fueled the growth of surface materials for transportation. Moreover, there's a notable trend toward increased customer preference for comfort and aesthetics in transportation. 


Surface Materials for Transportation Market Analysis: Drivers, Opportunities and Challenges

The global surface material for transportation market is driven by rising demand for aftermarket customer modifications and increased vehicle production. However, challenges include high material and installation costs and growing regulatory constraints on materials. Despite these obstacles, the market is poised for growth due to ongoing demand for customization and the expansion of vehicle manufacturing. 

BIS Research released the Surface Materials for Transportation Market Report covering 2022 to 2033. In 2023, the market size was $33.61 billion, with a projected value of $69.03 billion by 2033. The compound annual growth rate (CAGR) is estimated at 7.46% during the forecast period. The report comprises 163 pages, including 92 tables and 34 figures, providing comprehensive insights into the market's trends, drivers, challenges, and opportunities. 

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Key Players in the Surface Materials for Transportation Market

Regarding material type segmentation, leather constituted roughly 44.1%, fabric accounted for approximately 38.0%, vinyl represented around 9.8%, and other sustainable alternatives accounted for about 8.1% of the total surface materials utilized in the transportation market in 2022, based on value. 

Company Type 1 (by Material Type): Vinyl

•    Sekisui Chemical Co., Ltd. 

•    Covestro  

•    Continental 

•    Kuraray Co. Ltd. 

Company Type 2 (by Material Type): Leather 

•    MILLIKEN & COMPANY 

•    Toray Industries, Inc. 

•    Teijin Limited 

•    Sekisui Chemical Co., Ltd. 

•    Autostop Aviation 

•    Covestro 

•    Continental 

•    Kuraray Co. Ltd. 

•    BASF SE 

Company Type 3 (by Material Type): Fabric 

•    Lydall Gutsche GmbH & Co. KG 

•    Toray Limited, Inc. 

•    Autostop Aviation 

•    Schoellar Textil AG 

•    MIKO srl 

•    Covestro 

•    Roger Corporation 

•    INVISTA 

Company Type 4 (by Material Type): Other Sustainable Alternatives

•    Teijin Limited 

•    BASF SE 

•    Infinite Fiber Company 

•    Continental 

•    Covestro 

•    MIKO srl 


USP of the Surface Materials for Transportation Market Report 

The Surface Materials for Transportation Market report offers unique selling points (USPs), such as an in-depth competitive analysis of major players, providing a comprehensive overview of the surface materials for transportation market. It examines the market's economic influence and highlights notable end-user industry advancements. The report conducts a thorough supply chain and pricing analysis. It also delves into the investment landscape, assessing product adoption trends and patents. These features make the report valuable for understanding the market's dynamics and opportunities.  


Analyst Take on the Surface Materials for Transportation Market 

BIS Principal Analyst: Innovation in sustainable surface materials, such as plant-based and recycled surface materials, has emerged as a noteworthy trend within the surface material transportation market. Also, the growing government policies toward supporting sustainability for production, blending, and utilization are anticipated to drive market growth during the forecast period. This shift has contributed to the growing awareness and emphasis on environmental sustainability over industries. 

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