Market Overview:
The global airbag yarn market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for airbags in compact vehicles, mid-sized vehicles, premium vehicles, luxury vehicles and commercial vehicles. Additionally, the increasing demand for airbags from emerging economies such as China and India is also expected to fuel the growth of the global airbag yarn market during the forecast period. On basis of type, nylon yarn segment is anticipated to account for a major share of revenue in 2018 and register highest CAGR over next 10 years owing to its properties such as high strength-to-weight ratio and abrasion resistance which makes it suitable for use in manufacturing airbag fabrics. Polyester yarn segment is also expected witness significant growth over next 10 years on account of its properties such as low weight & thickness coupled with good abrasion resistance that make it suitable for use in manufacturing lightweight & thin fabric used in making airbags. Based on application type, compact vehicle segment dominated global Airbag Yarn Market with highest revenue share contribution followed by mid-sized vehicle segment In terms of volume consumption In 2017 And Is projected To maintain Its Dominance Over The Forecast Period .This Can Be Attributed To Increasing Demand For Compact Cars Globally .
Product Definition:
Airbag yarn is a type of yarn that is specifically designed to be used in airbag fabrics. Airbag fabrics are used in airbags, which are safety devices that are inflated in the event of a collision to protect the occupant's head and body. The yarn helps to ensure that the fabric remains strong and durable during inflation.
Nylon Yarn:
Nylon is a man-made fiber that belongs to the group of synthetic fibers. Nylon can be segmented into three categories such as High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE) and polyamide. The different properties exhibited by nylon make it suitable for various applications in the textile industry. Some of these include high strength, elasticity, abrasion resistance and good processability among others.
Polyester Yarn:
Polyester yarn is a man-made fiber that has been developed from the polymerization of adipic acid. It differs from natural fibers in that it has an even greater melting point and higher tensile strength. Polyester yarn also displays superior properties such as high resistance to stretching, shrinking, and heat transfer which makes it ideal for manufacturing airbag yarns.
The global polyester market was estimated at USD 33 billion in 2015.
Application Insights:
The compact vehicle segment led the global airbag yarn market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to stringent government regulations for drivers and passengers safety, coupled with rising demand for passenger cars among developing countries such as China, India and Brazil.
The mid-sized vehicle application segment accounted for 23.3% share of the total revenue in 2017 owing to increasing production of this type of vehicles especially in developed economies such as U.S., Germany, Japan etc., In addition, factors such as high consumer expenditure on comfort along with rising prices of oil are expected to drive demand over the next few years which will have a positive impact on industry growth eventually.
Regional Analysis:
North America dominated the global airbag yarn market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period as well owing to stringent regulations by the government and rising road accidents. In addition, increasing demand for passenger vehicles in this region is also likely to propel product growth over the next eight years.
Europe accounted for a significant share of global airbags yarn market on account of high production volume and exports from major manufacturers such as Aracruz Celulose E Papelaria, Itau Unibanco Holding S/A., Nyrstar Belgium NV, andholdings Renkab AS among others.
Growth Factors:
- Increasing demand for airbag yarn from automotive industry due to increasing safety concerns among consumers.
- Growing demand for airbag yarn from the construction industry as a result of increasing awareness about the benefits of using airbags in buildings and homes.
- Rising demand for airbag yarn from military and defense sector owing to growing concerns about safety and security among armed forces personnel.
- Increasing use of airbags in sporting goods owing to their ability to reduce injuries during collisions or falls.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airbag Yarn Market Research Report
By Type
Nylon Yarn, Polyester Yarn
By Application
Compact Vehicle, Mid-Sized Vehicle, Premium Vehicle, Luxury Vehicle, Commercial Vehicles, SUV
By Companies
Ascend Performance Materials, Invista, Nexis Fibers, PHP Fibers, Toyobo, Hyosung, Asahi Kasei Fibers & Textiles, Toray Industries, Oerlikon, ShenMa-PHP (Pingdingshan) Air Bag Yarn Manufacturing, Ascend Performance Materials
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Airbag Yarn Market Report Segments:
The global Airbag Yarn market is segmented on the basis of:
Types
Nylon Yarn, Polyester Yarn
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
Compact Vehicle, Mid-Sized Vehicle, Premium Vehicle, Luxury Vehicle, Commercial Vehicles, SUV
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:
- Ascend Performance Materials
- Invista
- Nexis Fibers
- PHP Fibers
- Toyobo
- Hyosung
- Asahi Kasei Fibers & Textiles
- Toray Industries
- Oerlikon
- ShenMa-PHP (Pingdingshan) Air Bag Yarn Manufacturing
- Ascend Performance Materials
Highlights of The Airbag Yarn 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:
- Nylon Yarn
- Polyester Yarn
- By Application:
- Compact Vehicle
- Mid-Sized Vehicle
- Premium Vehicle
- Luxury Vehicle
- Commercial Vehicles
- SUV
- 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 Yarn 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 yarn is a type of yarn made from recycled airbags. The airbags are shredded and then used to make the yarn.
Some of the major companies in the airbag yarn market are Ascend Performance Materials, Invista, Nexis Fibers, PHP Fibers, Toyobo, Hyosung, Asahi Kasei Fibers & Textiles, Toray Industries, Oerlikon, ShenMa-PHP (Pingdingshan) Air Bag Yarn Manufacturing, Ascend Performance Materials.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airbag Yarn 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 Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airbag Yarn 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 Yarn 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 Yarn Market Size & Forecast, 2020-2028
4.5.1 Airbag Yarn Market Size and Y-o-Y Growth
4.5.2 Airbag Yarn Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Nylon Yarn
5.2.2 Polyester Yarn
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Compact Vehicle
6.2.2 Mid-Sized Vehicle
6.2.3 Premium Vehicle
6.2.4 Luxury Vehicle
6.2.5 Commercial Vehicles
6.2.6 SUV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airbag Yarn 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 Yarn 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Nylon Yarn
9.6.2 Polyester Yarn
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 Market Size Forecast by Applications
9.10.1 Compact Vehicle
9.10.2 Mid-Sized Vehicle
9.10.3 Premium Vehicle
9.10.4 Luxury Vehicle
9.10.5 Commercial Vehicles
9.10.6 SUV
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Nylon Yarn
10.6.2 Polyester Yarn
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 Market Size Forecast by Applications
10.10.1 Compact Vehicle
10.10.2 Mid-Sized Vehicle
10.10.3 Premium Vehicle
10.10.4 Luxury Vehicle
10.10.5 Commercial Vehicles
10.10.6 SUV
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Nylon Yarn
11.6.2 Polyester Yarn
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 Market Size Forecast by Applications
11.10.1 Compact Vehicle
11.10.2 Mid-Sized Vehicle
11.10.3 Premium Vehicle
11.10.4 Luxury Vehicle
11.10.5 Commercial Vehicles
11.10.6 SUV
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Nylon Yarn
12.6.2 Polyester Yarn
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 Market Size Forecast by Applications
12.10.1 Compact Vehicle
12.10.2 Mid-Sized Vehicle
12.10.3 Premium Vehicle
12.10.4 Luxury Vehicle
12.10.5 Commercial Vehicles
12.10.6 SUV
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Nylon Yarn
13.6.2 Polyester Yarn
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) Market Size Forecast by Applications
13.10.1 Compact Vehicle
13.10.2 Mid-Sized Vehicle
13.10.3 Premium Vehicle
13.10.4 Luxury Vehicle
13.10.5 Commercial Vehicles
13.10.6 SUV
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 Yarn Market: Competitive Dashboard
14.2 Global Airbag Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ascend Performance Materials
14.3.2 Invista
14.3.3 Nexis Fibers
14.3.4 PHP Fibers
14.3.5 Toyobo
14.3.6 Hyosung
14.3.7 Asahi Kasei Fibers & Textiles
14.3.8 Toray Industries
14.3.9 Oerlikon
14.3.10 ShenMa-PHP (Pingdingshan) Air Bag Yarn Manufacturing
14.3.11 Ascend Performance Materials
