Press release
Automotive Airbags Silicone Global Market Predicted to Augment and Reach over $902.83 Billion at a CAGR of 18.8% By 2028 | Wacker Chemie AG, Gelest Inc., Toyobo Co. Ltd., ACC Silicones Ltd., Ferro Corporation
Automotive Airbags Silicone Market
As per the report, the automotive airbags silicone market size has grown rapidly in recent years. It will grow from $383.22 billion in 2023 to $452.56 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The automotive airbags silicone market size is expected to see rapidly grown in the next few years. It will grow to $902.83 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=3896&type=smp
Compulsory Front Seat Airbag Regulations Drive Growth In The Automotive Airbag Silicone Market
Airbags are made mandatory in front seats for vehicles and this factor is expected to drive the automotive airbag silicone market during the forecast period. Airbags are complex devices that work with a vehicle's metal body and seatbelts to protect occupants and therefore it is made mandatory for vehicles to have airbags at least in front seats as occupants and driver seating in the first seats are at high risk of injury when there is any collision or accident. For instance, in India, vehicles manufactured on and after the 1st Day of April 2021, in the case of new models, and the 1st day of June 2021, in the case of existing models, shall be fitted with airbags for the person occupying the front seat, other than the driver. Thus, making airbags compulsory for front seats in vehicles is driving the market.
Increasing Development Of Active Safety Systems Hinder Growth Of Automotive Airbag Silicone Market
The increasing development of active safety systems is expected to limit the growth of the automotive airbag silicone market. The active safety system in a car works to prevent an accident. These systems are always active while the car is in driving mode and works continuously to keep the occupants safe from getting into an accident. The active safety systems include automatic emergency braking (AEB), forward collision warning (FCW), active cruise control (ACC), lane departure warning (LDW), lane-keeping assist (LKA), blind-spot monitoring, and rear cross-traffic alert (RCTA). According to Consumer Reports, in 2022, more than 47,000 Cr car owners were surveyed. 72% of the respondents were satisfied with Rear Cross Traffic Warning (RCTW), 64% were satisfied with Blind Spot Warning (BSW), 63% were satisfied with the Adaptive Cruise Control (ACC), and 59% were satisfied with the Automatic Emergency Braking (AEB). The increasing development of active safety systems has a negative impact on the automotive airbag silicone market.
The automotive airbags silicone market covered in this report is segmented -
1) By Airbag Type: Cut-and-Sewn Seam-Sealed (CSSS), One-Piece-Woven (OPW)
2) By Airbag Position: Front, Knee, Curtain/Side, Other Airbag Positions
3) By Vehicle Type: Passenger Cars, LCV, HCV
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=3896&type=discount
Major companies operating in the automotive airbags silicone market report are The Dow Chemical Company, Elkem Silicones LLC, Shin-Etsu Chemical Co. Ltd., Wacker Chemie AG, Toray Industries Inc., Toyobo Co. Ltd., Zodiac Aerospace SAS, Porcher Industries SA, Momentive Performance Materials Inc., KCC Corporation, Sil-More Industrial Ltd., NuSil Technology LLC, Specialty Silicone Products Inc., Quantum Silicones LLC, Reiss Manufacturing Inc., BlueStar Silicones, Kaneka Corporation, Evonik Industries AG, Shenzhen Polysilicon Technology Co. Ltd., LSR-Asia Pte Ltd, MESGO S.p.A., Greco Brothers Inc., ACC Silicones Ltd., Rogers Corporation, Kibaru Manufacturing Sdn Bhd, Gelest Inc., Master Bond Inc., Ferro Corporation, Hexpol Compounding LLC
Contents of the report:
1. Executive Summary
2. Automotive Airbags Silicone Market Report Structure
3. Automotive Airbags Silicone Market Trends And Strategies
4. Automotive Airbags Silicone Market - Macro Economic Scenario
5. Automotive Airbags Silicone Market Size And Growth
…..
27. Automotive Airbags Silicone Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/automotive-airbag-silicone-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Automotive Airbags Silicone Global Market Predicted to Augment and Reach over $902.83 Billion at a CAGR of 18.8% By 2028 | Wacker Chemie AG, Gelest Inc., Toyobo Co. Ltd., ACC Silicones Ltd., Ferro Corporation here
News-ID: 3594144 • Views: …
More Releases from The Business research company
Intratumoral Cancer Therapies Industry Report 2025-2034: Market Dynamics, Trends …
The Intratumoral Cancer Therapies Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Intratumoral Cancer Therapies Market Size and Its Estimated Growth Rate?
The market size for intratumoral cancer treatments has seen a significant increase in the past few years. It's predicted to…
Evolving Market Trends In The Insurance Advertising Industry: Insurance Advertis …
The Insurance Advertising Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Insurance Advertising Market Size and Its Estimated Growth Rate?
In recent times, the insurance advertising market has witnessed accelerated expansion. The market size is forecasted to rise from $12.77 billion in…
Rising Prevalence Of Chronic Diseases To Drive Market Growth: Key Factor Driving …
The Infusion Pump Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Infusion Pump Market Size and Its Estimated Growth Rate?
The market size for infusion pumps has significantly expanded in the past few years. The expected growth is from $14.77 billion in…
Industrial Refrigeration Systems Industry Report 2025-2034: Market Dynamics, Tre …
The Industrial Refrigeration Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Industrial Refrigeration Systems Market Size and Its Estimated Growth Rate?
In the past few years, the industrial refrigeration systems market has seen robust growth. The size is forecasted to increase…
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…
