openPR Logo
Press release

Airbag Fabric Market in the automotive industry is likely to grow at a healthy cumulative annual growth rate (CAGR) of 7.0% in 2021

03-18-2019 10:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Airbag Fabric Market in the automotive industry is likely to grow

Launching announcement of a new research report on Automotive Airbag Fabric Market which is likely to grow at a healthy cumulative annual growth rate (CAGR) of 7.0% by 2021 - forecasted by Stratview Research. The study provides an in-depth analysis by Vehicle Type (Compact Car, Mid-size Car, Large Car, MPV & LCV, SUV, and Others), by Application Type (Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag and Other Airbags), by Yarn Type (Polyamide and Polyester), by Coating Type (Neoprene Coated, Silicone Coated, and Non-Coated), by Product Type (Flat Airbag Fabric and OPW Airbag Fabric), and by Region (North America, Europe, Asia-Pacific and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.

Click here to read the detailed description and TOC: https://www.stratviewresearch.com/125/automotive-airbag-fabric-market.html

Automotive Airbag Fabric Market: Highlights

The global automotive airbag fabric market is likely to grow at a healthy cumulative annual growth rate (CAGR) of 7.0% over the next five years. The demand for airbag is directly proportional to the demand for vehicles, hence, influencing the demand for airbag fabric as well. Increasing production of automobiles fueled by rising disposable income, increasing installation of airbags per car, introduction of more stringent safety standards, and demand for low cost fabrics are driving the airbag fabric market in the automotive industry.

The automotive airbag fabric market is segmented based on vehicle type: Compact Car, Mid-size Car, Large Car, MPV & LCV, SUV, and Others. Compact car is expected to remain the largest airbag fabric market by vehicle type over the next five years, driven by increasing production in the Asia-Pacific and the European regions. The vehicle type (compact car) is also likely to witness the fastest growth during the same period, owing to rising demand in the Asia-Pacific region, mainly in Japan, China, and India, and highly-congested cities in developed countries.

The automotive airbag fabric market is segmented based on following application type: Front airbag, Side airbag, Knee airbag, Curtain airbag, and Other airbags. Curtain airbag has been the largest consumer of airbag fabrics in the global automotive industry. This airbag type is also likely to witness the fastest growth during the forecast period.

The automotive airbag fabric market is segmented based on following yarn type: Polyamide and Polyester yarn. Polyamide 6.6 which is the most widely used yarn for making airbag fabrics, is likely to remain the most dominant yarn type in the global automotive airbag fabric market. However, polyester yarn is expected to grow at a faster rate over the next five years owing to its lower cost and increasing adoption in the knee and curtain airbags, mainly in the US and Europe.

In terms of coating, the automotive airbag fabric market is segmented into Neoprene, Silicone and Non-Coated airbag fabric. Silicon coated airbag fabric is expected to remain the most dominant coating type in the global automotive industry. However, Non-coated airbag fabric, which currently occupies very small market share, is expected to grow at a faster rate in the coming five years.

Request sample here-https://www.stratviewresearch.com/Request-Sample/125/automotive-airbag-fabric-market.html

In terms of region, the automotive airbag fabric market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia-Pacific has been the largest market for airbag fabric in the automotive industry, China, Japan, South Korea, and India being the major markets. China and India are the growth engines of the Asia-Pacific market due to a continuous increase in the demand for vehicles and introduction of stringent safety standards. RoW is expected to grow at the fastest rate owing to upcoming assembly plants and increasing penetration of airbags per cars.

Global Safety Textiles (Hyosung), Toyobo, Toray Industries, Autoliv AB, and ZF TRW are the well-known airbag fabric manufacturers for the automotive industry. New fabric development, advancement in automotive airbag safety features, and collaboration with OEMs are the key strategies adopted by the key players to gain a competitive edge in the market.

Report Features
The report provides diverse market intelligence with maximum business value. It gives a condemnatory understanding of the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The key features include the
->industry life cycle and the supply chain analysis of the market structure.
->SWOT analysis, Porter's five forces analysis and Growth Drivers and constraints.
->Market trend and the forecast analysis.
->Forecast of the market segment trend.
->Competitive landscape and dynamics of Market share, product portfolio, product launches, etc.
->Emerging trends of attractive market segments and associated growth opportunities
->Strategic growth opportunities for the existing and new players.

ABOUT US

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
We have a strong, experienced team of industry veterans and research analysts with a perfect blend of wisdom, knowledge and attitude. We have been serving multiple clients across a wide array of industries.

Our services cover a broad spectrum of industries including Energy, Chemicals, Advanced Materials, Automotive, and Aerospace. We provide research services at the global, regional as well as country level; key regions include Europe, APAC, NA, MEA, RoW.
We are a trusted brand in the research industry with the capability of commissioning complex projects within a short span of time with a high level of accuracy. At Stratview, we believe in building long-term relations with our clients.

To browse through our range of reports in the Automotive industry, refer to the following link:
https://www.stratviewresearch.com/market-reports/Automotive-Transportation.html

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Airbag Fabric Market in the automotive industry is likely to grow at a healthy cumulative annual growth rate (CAGR) of 7.0% in 2021 here

News-ID: 1658907 • Views: 248

More Releases from Stratview Research

Sustainable Footwear Market offers good growth opportunities post COVID-19
The Sustainable Footwear Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Sustainable Footwear Market Forecast: Sustainable Footwear Market is likely to witness an impressive Healthy CAGR of 5.8% during the forecast period. Stratview
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
The Surgical Apparel Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Surgical Apparel Market Forecast: Surgical Apparel Market is likely to witness an impressive Healthy CAGR of 6.1% during the forecast period. Stratview
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-20 …
The Spandex Fiber Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Spandex Fiber Market Forecast: Spandex Fiber Market is likely to witness an impressive Healthy CAGR of 7.1% during the forecast period. Stratview
Smart Plantation Management Systems Market Intelligence Report Offers Insights o …
The Smart Plantation Management Systems Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Smart Plantation Management Systems Market Forecast: Smart Plantation Management Systems Market is likely to witness an impressive Healthy CAGR of

All 5 Releases


More Releases for Airbag

Smart Airbag Coats Market Analysis Report
The latest market analysis report on the Smart Airbag Coats market performs industry diagnostic as a way to accumulate valuable data into the business environment of the Smart Airbag Coats market for the forecast period 2020 – 2027. The subject matter experts behind the research have collected vital statistics on the market share, size and growth as a way to help stakeholders, business owners and field marketing personnel
Airbag Sensors Market Forecast to 2028 - Covid-19 Impact and Global Analysis - b …
Airbag sensors are incorporated in the vehicles and airplanes which protect the passengers from chest and head injury during collision. These sensors detects hasty deceleration in an accident. The sensors activate the airbag to go off when an accident is detected. Rise in the production and sales of airbag sensors in light and heavy commercial vehicles such as trucks to ensure safety of passenger and vehicle is rising which is
Automotive Airbag Systems Market – A comprehensive study by Key Players: Airba …
The COVID-19 Outbreak-Global Automotive Airbag Systems Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during the forecast period (2021-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. These insights also help the business
New Report 2020 powers up the Smart Airbag Coats Market by 2026| HELITE, Duhan, …
Smart Airbag Coats Market is expected to grow significantly over next few years and generate considerable market for Smart Airbag Coats. Market Report Expert has recently published a research report titled, “Smart Airbag Coats Market Outlook and Statistics, 2020-2026". The report has been prepared by experienced and knowledgeable market analysts, researchers, market experts, and key option leaders within Smart Airbag Coats market. It is a remarkable collecting conclusion and  analysis that
Global Automotive Knee Airbags Market Report by Module (Inflator or Gas Generato …
Reducing the risk of injuries to the knee, hip and thigh during collision, knee airbags play a vital role in safety. Providing an extra layer of security, manufacturers have started applying thin layer of silicone on the airbag to protect it from heat and smooth deployment even after many years. Taking a step forward, manufacturers are providing smart airbag protecting smaller or out-of-position occupants. An up-to-date research report has been
Airbag Market by Product Type (Driver Front Airbag, Passenger Front Airbag, Fron …
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Autoliv Takata ZF TRW Toyoda Gosei KSS Hyundai Mobis Nihon Plast Ashimori East Joy Long This report studies Airbag Market in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. For More Information About This Report at http://www.reportsweb.com/global-airbag-market-professional-survey-report-2018 On the