Market Overview:
The global airbag fabric market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for airbags in passenger cars and commercial vehicles. Additionally, stringent safety norms by regulatory authorities are also driving the demand for airbags, which in turn is fueling the growth of the global airbag fabric market. On basis of type, flat airbag fabric held a major share of the global market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its low manufacturing cost as compared to other types of airbag fabrics available in the market.
Product Definition:
Airbag Fabric is the material used in airbags. It is a strong, lightweight fabric that can inflate and deflate quickly. Airbag Fabric is important because it protects passengers in a car accident.
Flat Airbag Fabric:
Flat airbag fabric is a type of synthetic textile designed to mimic the shape and texture of natural fabrics such as silk, wool or cotton. Flat airbag fabric has been developed primarily for use in the protective lining of automotive safety devices such as side-curtain airbags.
The primary function of flat airbag fabric is to protect the passengers within a vehicle from injuries that may occur in case of an accident or collision involving high speed and force.
OPW Airbag Fabric:
OPW airbag fabric is a type of synthetic textile material designed to provide protection against life-threatening injuries in accidents involving motor vehicles. It is made from fibers that are strong, lightweight, and flexible; hence it can absorb energy during an accident. OPW airbag fabrics are used in the manufacturing of seat belts, headrests, armrests as well as other parts of vehicle safety systems such as sidebags and front bags.
Application Insights:
The other application segment includes the rear airbags, seat belt tensioners and pretensioners, load limiters and restrainers. The demand for airbag fabrics in these applications is expected to witness growth owing to increasing safety concerns among consumers. Moreover, stringent government regulations regarding driver safety are likely to propel market growth over the forecast period.
Front airbags are widely used in vehicles as they provide protection against injuries caused by flying shards when a vehicle crashes into an obstacle with high speed. Growing road accidents across the globe are anticipated to boost product demand over the forecast period.
Regional Analysis:
North America dominated the global airbag fabric market in terms of revenue share in 2017. The presence of stringent regulations and norms for automotive safety coupled with high disposable income is expected to drive the regional demand over the forecast period. Europe accounted for a significant share owing to growing consumer awareness regarding road safety and vehicle security features, such as airbags, which are anticipated to propel product demand over the coming years.
Asia Pacific is projected to witness substantial growth from 2018 to 2030 due its rapidly expanding automotive industry along with rising per capita income levels among emerging economies such as India and China. Furthermore, increasing sales of premium cars in countries like Japan on account of rising customer preference towards luxury vehicles equipped with advanced safety systems will also support market growth during the forecast period. Airbags have been mandated by law in both two-wheeler and automobile accidents across several Asian countries including India, China, Indonesia etc.
Growth Factors:
- Increasing demand for airbags in passenger cars and commercial vehicles
- Growing awareness about the benefits of airbags among consumers
- Technological advancements in airbag fabric manufacturing process
- Rising demand for safety features in automobiles
- Stringent government regulations on vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Airbag Fabric Market Research Report
By Type
Flat Airbag Fabric, OPW Airbag Fabric
By Application
Front Airbag, Side Airbag, Other
By Companies
Hyosung, Toyobo, Toray, Kolon, Safety Components, HMT, Joyson Safety Systems, Porcher, UTT, Milliken, Hyosung
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Airbag Fabric Market Report Segments:
The global Airbag Fabric market is segmented on the basis of:
Types
Flat Airbag Fabric, OPW Airbag Fabric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Front Airbag, Side Airbag, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hyosung
- Toyobo
- Toray
- Kolon
- Safety Components
- HMT
- Joyson Safety Systems
- Porcher
- UTT
- Milliken
- Hyosung
Highlights of The Airbag Fabric Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flat Airbag Fabric
- OPW Airbag Fabric
- By Application:
- Front Airbag
- Side Airbag
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airbag Fabric Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airbag fabric is a type of fabric that is used to make airbags. Airbag fabrics are made from materials such as polyester, cotton, and nylon.
Some of the major companies in the airbag fabric market are Hyosung, Toyobo, Toray, Kolon, Safety Components, HMT, Joyson Safety Systems, Porcher, UTT, Milliken, Hyosung.
The airbag fabric market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airbag Fabric Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airbag Fabric Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airbag Fabric Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airbag Fabric Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airbag Fabric Market Size & Forecast, 2018-2028
4.5.1 Airbag Fabric Market Size and Y-o-Y Growth
4.5.2 Airbag Fabric Market Absolute $ Opportunity
Chapter 5 Global Airbag Fabric Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Airbag Fabric Market Size Forecast by Type
5.2.1 Flat Airbag Fabric
5.2.2 OPW Airbag Fabric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airbag Fabric Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Airbag Fabric Market Size Forecast by Applications
6.2.1 Front Airbag
6.2.2 Side Airbag
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airbag Fabric Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airbag Fabric Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Airbag Fabric Analysis and Forecast
9.1 Introduction
9.2 North America Airbag Fabric Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Airbag Fabric Market Size Forecast by Type
9.6.1 Flat Airbag Fabric
9.6.2 OPW Airbag Fabric
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Airbag Fabric Market Size Forecast by Applications
9.10.1 Front Airbag
9.10.2 Side Airbag
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Airbag Fabric Analysis and Forecast
10.1 Introduction
10.2 Europe Airbag Fabric Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Airbag Fabric Market Size Forecast by Type
10.6.1 Flat Airbag Fabric
10.6.2 OPW Airbag Fabric
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Airbag Fabric Market Size Forecast by Applications
10.10.1 Front Airbag
10.10.2 Side Airbag
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Airbag Fabric Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airbag Fabric Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Airbag Fabric Market Size Forecast by Type
11.6.1 Flat Airbag Fabric
11.6.2 OPW Airbag Fabric
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Airbag Fabric Market Size Forecast by Applications
11.10.1 Front Airbag
11.10.2 Side Airbag
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Airbag Fabric Analysis and Forecast
12.1 Introduction
12.2 Latin America Airbag Fabric Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Airbag Fabric Market Size Forecast by Type
12.6.1 Flat Airbag Fabric
12.6.2 OPW Airbag Fabric
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Airbag Fabric Market Size Forecast by Applications
12.10.1 Front Airbag
12.10.2 Side Airbag
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Airbag Fabric Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airbag Fabric Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Airbag Fabric Market Size Forecast by Type
13.6.1 Flat Airbag Fabric
13.6.2 OPW Airbag Fabric
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Airbag Fabric Market Size Forecast by Applications
13.10.1 Front Airbag
13.10.2 Side Airbag
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airbag Fabric Market: Competitive Dashboard
14.2 Global Airbag Fabric Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hyosung
14.3.2 Toyobo
14.3.3 Toray
14.3.4 Kolon
14.3.5 Safety Components
14.3.6 HMT
14.3.7 Joyson Safety Systems
14.3.8 Porcher
14.3.9 UTT
14.3.10 Milliken
14.3.11 Hyosung
