Press release
Automotive Airbag Fabric Market Size to Grow at a CAGR of more than 7%: the industry to witness negative impact due to COVID-19 spread
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COVID-19 scenario:
• The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors.
• The companies operating in the Automotive Airbag Fabric market have been negatively impacted due to the COVID-19 pandemic resulted in an decrease in the growth of the market for 2020 and 2021.
Asia-Pacific dominates the airbag fabrics market due to a continuous increase in the demand for vehicles and the introduction of stringent safety standards. North America and Europe is also anticipated to generate considerable demand for airbag fabrics in the coming years.
IMP NOTE: All our reports will be updated considering the impact of the COVID-19 scenario before delivery.
The global Automotive Airbag Fabric market provides an in-depth analysis of key players which includes:
• Global Safety Textiles
• HMT New Technical Materials Co., Ltd.
• Asahi Kasei Co., Ltd.
• Autoliv AB
• Kolon Industries
• Takata Corporation
• Teijin Limited
• Toray Industries
• Toyobo Co., Ltd.
• Toyota Boshoku Corporation.
The global Automotive Airbag Fabric Market is segmented based on Yarn Type, Coating Type, Vehicle Type, and Airbag Type. On the basis of yarn type, the market is segmented as Polyamide and Polyester. Based on the coating type, the market is segmented as Neoprene Coated, Silicone Coated and Uncoated. based on the vehicle type, the market is analyzed across the Passenger Cars, Light Commercial Vehicles, Heavy Trucks and Buses & Coaches. And based on the airbag type, the market is analyzed across the Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag and Other Airbags.
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Global Automotive Airbag Fabric Market Geographic Coverage:
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)
Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Automotive Airbag Fabric Market
• Value Chain Analysis of Global Automotive Airbag Fabric Market
• What is the CAGR of the global Automotive Airbag Fabric Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis
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