Automotive Industry Today
Electric Vehicle Nonwoven Market is Forecasted to Reach US$3.6 Billion in 2031, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global electric vehicle nonwoven market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3974/electric-vehicle-nonwoven-market.html#form
Market Statistics
Market Size in 2024: US$1.4 billion
Market Size in 2031: US$3.6 billion
Growth (CAGR): 13.5% during 2024-2031
Cumulative Sales Opportunity 2024 to 2031: US$20.23 Billion
Leading Vehicle Type: BEV
Leading Application Type: Carpet
Leading Matrix Type: Polyester
Leading Formation Type: Drylaid
Leading Region: Asia-Pacific
Forecast Period: 2024-2031
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights & Market Share Analysis of the Electric Vehicle Nonwoven Market:
The global Electric Vehicle Nonwoven market is segmented based on Vehicle type, Application type, Matrix type, Formation type, and Region.
Based on vehicle type –
· The automotive nonwoven market is segmented into BEV and Hybrid.
· BEVs will lead the electric vehicle nonwoven market because of their high insulation requirements, lightweight, and increasing adoption. Nonwovens are crucial in battery safety, thermal management, and acoustic insulation to provide efficiency, fire protection, and a quieter ride.
· As governments encourage BEV uptake and automakers emphasize sustainability, the need for fire-resistant, soundproof, and environmentally friendly nonwovens will keep growing.
Based on application type –
· The market is segmented into carpet, insulation, trunk, hood liner, headliner, seating, packaged tray, door panel, and other applications.
· The carpet category is expected to hold the largest share of the electric vehicle (EV) nonwoven market due to its extensive use in vehicle interiors for aesthetics, comfort, and insulation. Nonwoven carpets provide excellent noise reduction, durability, and lightweight properties, contributing to improved energy efficiency and passenger experience.
· Additionally, the increasing focus on sustainable and recyclable materials in EV production has led to the adoption of eco-friendly nonwoven carpets. Their cost-effectiveness, easy maintenance, and customization options further drive their dominance in the market.
To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3974/electric-vehicle-nonwoven-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that the Asia-Pacific is expected to remain the largest market. This growth outlook is majorly attributed to the following–
- The Asia-Pacific region is expected to dominate the electric vehicle (EV) nonwoven market due to its strong EV production capabilities and rapidly growing automotive industry. Countries like China, Japan, and South Korea lead in EV manufacturing, supported by government incentives, strict emission regulations, and high consumer adoption.
- Additionally, the region has a well-established supply chain for automotive textiles and nonwoven materials, ensuring cost-effective production. The presence of major EV manufacturers and increasing investments in sustainable materials further drive market growth.
- Moreover, Asia-Pacific’s expanding infrastructure for electric mobility and the rising demand for lightweight, fuel-efficient vehicles contribute to the dominance of the nonwoven market. The region also benefits from technological advancements in nonwoven manufacturing, enabling mass production of high-performance, recyclable materials for insulation, filtration, and interior applications. With the push for sustainability and increasing research in bio-based nonwovens, the Asia-Pacific market continues to expand, solidifying its leadership in EV nonwoven applications.
Electric Vehicle Nonwoven Market Drivers:
Some of the key drivers listed in the report are given below.
- The increasing adoption of electric vehicles (EVs) is driving demand for advanced lightweight materials, with nonwovens playing a crucial role in improving vehicle efficiency. These materials help reduce overall weight, directly enhancing battery performance and extending driving range. Nonwovens also provide superior thermal and acoustic insulation, ensuring passenger comfort and battery safety by regulating temperature and minimizing noise.
- Stricter emission regulations and the push for sustainable, recyclable materials encourage automakers to integrate nonwovens, supporting both environmental goals and regulatory compliance in EV production.
- The rapid expansion of the EV industry, fueled by government incentives, technological advancements, and increasing consumer demand for eco-friendly transportation. Nonwovens play a critical role in interior applications, and underbody shielding, enhancing vehicle durability and safety. Innovations in bio-based and recycled fiber nonwovens align with the automotive industry’s sustainability goals.
- Cost-effectiveness, ease of customization, and enhanced fire resistance properties make nonwovens a preferred choice for EV manufacturers.
Competitive Landscape: Top Companies in the Electric Vehicle Nonwoven Market:
The global market for Electric Vehicle Nonwoven is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:
- Fibertex Group
- Freudenberg Group
- Milliken & Company
- TWE Group
- Rochling Group
- Glatfelter Corporation
- Asahi Kasei Corporation
- Ahlstrom Oyj
Note: The above list does not necessarily include all the top players in the market.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com
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About us –
Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.
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