Stratview Research publishes a new report titled Automotive Airbag Fabric Market which is segmented by Vehicle Type (Car, C/SUV, Pickup, MPV, Van, and Sports Car), by Airbag Type (Driver Airbag, Passenger Airbag, Side Airbag, Curtain Airbag, and Other Airbags), by Fabric Type (OPW fabric and Flat Fabric), by Coating Type (Coated fabric and Uncoated fabric), by Yarn Type (Polyamide Yarn and Polyester Yarn), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The automotive industry has been witnessing the most potentially disruptive decade with the advancements in several fronts including autonomous driving, connected vehicles, alternative fuel vehicles, lightweight vehicles, and blockchain. Passenger safety has been the focused area of the industry as several countries are implementing the stringent government regulations by mandating the airbags, especially in driver and passenger side.  These trends are imprinting an overall positive sign on the demand for airbag fabrics.

Among all types of fabrics used in automobile, airbag fabrics represent the highest growth opportunities. Stratview Research estimates suggest that the next five years for the automotive airbag fabrics market are going to be vigorous with high-growth opportunities for the market participants. The market for airbag fabrics is estimated to reach an estimated US$ 2,311.5 million in 2024.  The demand for airbags is proportional to the demand for vehicles; hence, influencing the demand for airbag fabrics as well. Increasing production of automobiles fueled by rising disposable income, increasing installation of airbags per car, the introduction of more stringent safety standards, and demand for low-cost fabrics are driving the airbag fabrics market in the automotive industry.

Global Automotive Airbag Fabric Market Report Segments:

The Automotive Airbag Fabric Market is segmented into the following categories:

·         Vehicle Type (Car, C/SUV, Pickup, MPV, Van, and Sports Car)

·         Airbag Type (Driver Airbag, Passenger Airbag, Side Airbag, Curtain Airbag, and Other Airbags)

·         Fabric Type (OPW fabric and Flat Fabric)

·         Coating Type (Coated fabric and Uncoated fabric)

·         Yarn Type (Polyamide Yarn and Polyester Yarn)

·         Region (North America, Europe, Asia-Pacific, and Rest of the World)

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

-          Market Overview

-          Key Manufacturers Profiles

-          Market Analysis by Region

-          Market Segment by Type

-          Market Segment by Application

-          Raw Material and Supply Chain

-          Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Key players active in the market –

The following are some of the key players in the Automotive Airbag Fabric Market:

·         Indorama Ventures Public Company Limited

·         Global Safety Textiles (Hyosung)

·         Toyobo Co., Ltd.

·         Toray Industries, Inc.

·         Kolon Industries

·         HMT (Xiamen) New Technical Materials Co. Ltd.

·         Elevate Textiles Inc.

·         Milliken & Company.

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