The demand for automotive interior materials is expected to grow in line with the increased demand for passenger cars, LCVs, and HCVs as the basic automotive interior components are a standard feature across all the variants. Additionally, the increase in demand for comfort and luxury, changing preferences of buyers, improved standard of living, and enhanced infrastructure is also expected to drive the automotive interior material market. However, manufacturers of automotive interior and components face the challenge of providing the technology at a competitive price.