Press release
Automotive Airbags Silicone Market Growth Will Accelerate CAGR Value During Forecast Period 2021-2025: TORAY Industries, Toyobo, Zodiac
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The global automotive airbag silicone market is expected to grow from $191.20 million in 2020 to $235.89 million in 2021 at a compound annual growth rate (CAGR) of 23.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $517.09 million in 2025 at a CAGR of 21.7%.
The Business Research Company offers “Automotive Airbags Silicone Global Market Report 2021 “ in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The automotive airbag silicone market consists of sales of automotive airbag silicone and related services by entities (organizations, sole traders and partnerships that manufacture automotive airbag silicone. Automotive airbags contain silicone which offers various properties such as thermal resistance, slip, and protection. If there is a car crash then airbags create heat and passengers in the car risk getting burnt, therefore applying a thin layer of silicone to the airbag will help protect the fabric from heat and prevent burn to passengers. Only goods and services traded between entities or sold to end consumers are included.
Some of the key players involved in the automotive airbag silicone market are Dow, Elkem Silicones, Shin-Etsu Chemical, Wacker Chemie AG, TORAY Industries, Toyobo, Zodiac, Porcher Industries
The countries covered in the global automotive airbag silicone market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global automotive airbag silicone market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Automotive Airbags Silicone Market Segmentation:
1) By Airbag Type: Cut-and-Sewn Seam-Sealed (CSSS), One-Piece-Woven (OPW)
2) By Airbag Position: Front, Knee, Curtain/Side, Others
3) By Vehicle Type: Passenger Cars, LCV, HCV
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A Few Points From The Table Of Contents
1. Executive Summary
2. Automotive Airbag Silicone Market Characteristics
3. Automotive Airbag Silicone Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Airbag Silicone
5. Automotive Airbag Silicone Market Size And Growth
……
27. Automotive Airbag Silicone Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Airbag Silicone Market
29. Automotive Airbag Silicone Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the automotive airbag silicone market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Email: info@tbrc.info
About Us:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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