Automotive Nylon and Polyester Airbag Yarn Research:CAGR of 5.19% during the forecast period

Automotive Nylon and Polyester Airbag Yarn Product Introduction

Automotive nylon and polyester airbag yarns are high-strength fiber materials used to manufacture automotive airbags. They are the core of automotive airbags and are designed to expand rapidly in the event of a collision to protect the safety of passengers. Among them, nylon has high strength and melting point, good elongation and high thermal enthalpy, and good abrasion resistance, and polyester filament has high strength, good shape retention, chemical corrosion resistance and heat resistance. The quality and performance of airbag yarns directly affect the deployment effect of airbags and the safety of passengers.

Automotive Nylon and Polyester Airbag Yarn Market Summary

According to the new market research report "Global Automotive Nylon and Polyester Airbag Yarn Market Report 2024-2030", published by QYResearch, the global Automotive Nylon and Polyester Airbag Yarn market size is projected to reach USD 1.08 billion by 2030, at a CAGR of 5.19% during the forecast period.

Global Automotive Nylon and Polyester Airbag Yarn MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Automotive Nylon and Polyester Airbag Yarn Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.



Global Automotive Nylon and Polyester Airbag Yarn Top13Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Automotive Nylon and Polyester Airbag Yarn Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Nylon and Polyester Airbag Yarn include Hyosung Advanced Material, Toray, INVISTA, Nexis Fibers, Indorama Ventures, etc. In 2023, the global top five players had a share approximately 62.35% in terms of revenue, the global top 10 players had a share approximately 84.94% in terms of revenue.



Automotive Nylon and Polyester Airbag Yarn,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Automotive Nylon and Polyester Airbag Yarn Market Report 2024-2030.

In terms of product type, currently Nylon is the largest segment, hold a share of 86.55%.

In terms of product application, currently Frontal Airbag is the largest segment, hold a share of 47.42%.



Market Drivers:

Market demand continues to grow: With the rapid development of the global automotive industry and the increasing requirements for automotive safety performance, the market demand for automotive nylon and polyester airbag yarn continues to grow. Especially in emerging markets such as China, with the continuous increase in automobile sales and consumers' increasing attention to safety performance, the market prospects of airbag yarn are even broader.

Regulatory requirements: Countries and regions have increasingly stringent requirements for vehicle safety performance, especially airbag systems. In order to improve the safety of passengers and drivers, automakers are required to install airbag systems in vehicles and use high-quality airbag yarns to ensure their normal operation. At the same time, environmental regulations require the use of environmentally friendly raw materials to reduce environmental pollution and energy consumption in the production process and achieve green production.

Restraint:

Raw material market fluctuations: Price fluctuations of polyester and nylon, the upstream raw materials of airbag yarns, directly affect the production cost of airbag yarns. The supply and demand relationship in the raw material market, international trade policies and other factors may have an impact on the airbag yarn industry.

Market competition risk: The airbag yarn industry is highly competitive, and enterprises face challenges from many competitors around the world. With the continuous changes in market demand and the continuous advancement of technology, the market competition pattern is also changing. If enterprises fail to adapt to market changes in a timely manner or fail to formulate effective market competition strategies, it will directly affect the market share and profitability of the enterprise.

Legal and regulatory risks: With the continuous improvement of environmental awareness and the continuous improvement of laws and regulations, the airbag yarn industry is facing more and more environmental regulations. If enterprises fail to strictly abide by relevant laws and regulations, they may face serious consequences such as fines, suspension of production and rectification. In addition, trade barriers such as anti-dumping and anti-subsidy in international trade may also have an adverse impact on the airbag yarn industry.

Opportunity:

Application of new materials: The application of new materials, process improvements and the improvement of production technology have significantly improved the performance of airbag yarns. For example, as a key raw material for nylon 66, the production technology of adiponitrile has been monopolized by foreign companies. In recent years, with the technological breakthroughs of local companies, the production capacity of domestic adiponitrile has gradually increased, providing strong support for the production of nylon 66 airbag yarns.

Technological innovation: With the continuous advancement of science and technology, the production technology and process of nylon airbag yarn have been continuously optimized and innovated. For example, by improving the polymerization process and spinning technology, the quality and performance of the product can be improved; by developing new catalysts and stabilizers, the production cost can be further reduced and the stability of the product can be improved.

About The Authors

Yuan Zhidan - Main Analyst of this Article

Email: yuanzhidan@qyresearch.com

Focusing on research in the automotive and semiconductor industry chain related fields, including automotive parts, chip sensors, laser equipment, etc., she has solid professional basic knowledge and market research and communication skills.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.

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