Press release
Automotive Airbag Yarn Market is Forecasted to Reach US$ 1.6 Billion in 2031, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global automotive airbag yarn market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/126/automotive-airbag-yarn-market.html#form
Market Statistics:
Market Size in 2024: US$ 1.2 billion
Market Size in 2031: US$ 1.6 billion
Growth (CAGR): 4.1% during 2025-2031
Leading Airbag Type: Curtain Airbags
Leading Yarn Type: Polyamide
Leading Vehicle Type: C/SUV
Leading Region: Asia-Pacific
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Automotive Airbag Yarn Market:
The global automotive airbag yarn market is segmented based on vehicle type, airbag type, yarn type, and region.
Based on vehicle type - The automotive airbag yarn market is segmented into car, C/SUV, pickup, van, MPV, and sports car. The growing demand for SUVs in major Asian markets like China and India, along with rising urban congestion in developed economies, is significantly driving the need for airbag yarns in these vehicle types. The implementation of stricter passenger safety regulations further accelerates this trend. SUVs, depending on their trim levels, typically incorporate a greater number and variety of airbags-including side curtain and knee airbags-leading to substantially higher yarn consumption per vehicle. Additionally, the larger size of airbags required in SUVs further contributes to increased demand for high-performance airbag yarns.
Based on airbag type - The market is segmented into driver airbags, passenger airbags, side airbags, knee airbags, and curtain airbags. Curtain airbags offer protection to front and rear passengers and deploy from the roof lining above the side windows. With increasing emphasis on occupant safety and stringent global crash-testing protocols, manufacturers are equipping vehicles in all segments (not just luxury) with curtain airbags. They are increasingly being used in developing nations where frontal airbags already have an excellent penetration level in the automobile fleet.
Based on yarn type - The market is segmented into polyamide yarn and polyester yarn. Mainly, polyamide 6.6 yarn is used in airbags, with little usage of polyamide 6 yarn. Polyester yarns are preferred for making side and curtain airbags and are rapidly gaining a share in the market. Another advantage that polyester yarns bring to the table is that they have a significantly lower price than polyamide yarns. Polyester yarns also have better recyclability and lower moisture absorption than polyamides.
To know the most attractive segments, click here for a free sample of the report:
https://stratviewresearch.com/Request-Sample/126/automotive-airbag-yarn-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market for automotive airbag yarn during the forecast period. This growth outlook is majorly attributed to the following-
· The Asia-Pacific region has a presence of a large number of major OEMs, such as Toyota and Hyundai, which make the region a growth engine for the automotive industry.
· Most of the major airbag yarn producers are forming strategic alliances with Asian companies to set up a plant in Asia, mainly in China, to tap the market potential.
Concurrently, North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by vehicle production growth coupled with the fitment rates of side, curtain, and knee airbags.
Automotive Airbag Yarn Market Drivers:
Some of the key drivers listed in the report are given below.
· Introduction of more bags per vehicle
· A high focus on passenger safety
· The introduction of more stringent safety standards across the globe
Top Companies in the Automotive Airbag Yarn Market:
The market is moderately concentrated, with the presence of some regional and global players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:
• Invista
• Toray Industries, Inc.
• Indorama Ventures
• Asahi Kasei Corporation
• Toyobo Co., Ltd.
• Hyosung Corporation
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com
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Thermoset Prepreg Market: https://irnews.exblog.jp/34577073/
High Performance Thermoplastic Films Market: https://stratviewresearch.medium.com/high-performance-thermoplastic-films-market-poised-for-strong-growth-675a0427583f
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About us -
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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