Market Overview:
The global automotive airbag yarn 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, the increasing awareness about safety among consumers is also contributing to the growth of this market. The global automotive airbag yarn market can be segmented on the basis of type into nylon yarn and polyester yarn. On the basis of application, it can be segmented into passenger car and commercial vehicle. The passenger car segment is expected to account for a major share of this market during the forecast period owing to rising demand for luxury cars across regions.
Product Definition:
An automotive airbag yarn is a high-strength yarn used in the manufacturing of airbags. The importance of automotive airbag yarn lies in its ability to withstand the high temperatures and pressures generated by an inflating airbag.
Nylon Yarn:
Nylon yarn, also known as aramid yarn or para-aramid fiber is a type of synthetic fiber that is made from carbon compounds and nitrogen. The unique properties of nylon make it an ideal material for use in the manufacturing of high-performance sporting goods such as airbags. Nylon has excellent resistance to abrasion and chemicals, which makes it suitable for use in the production of airbag materials.
Polyester Yarn:
Polyester yarn is a man-made fiber that has been developed from the polymerization of adipic acid. It was first produced in 1941 and named as “ adipic acid polyester ” by its discoverer, English engineer Richardigham DuPont de Nemours. The commercial availability of this product began in1948 under the brand name Nylon 6, which was trademarked by DuPont for its exclusive use.
Application Insights:
The passenger car segment held the largest share of over 70.0% in 2017. Rising number of passenger cars on roads coupled with a rise in road accidents is expected to drive the demand for automotive airbags yarn over the forecast period. In addition, stringent government regulations regarding safety and security are likely to propel market growth over the coming years.
Commercial vehicles are projected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to an increase in commercial vehicle production across economies, such as North America and Europe, coupled with stringent regulations regarding safety equipment installed in these vehicles by authorities across countries worldwide.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to stringent regulations by the U.S. government and strong presence of key players in this region, such as Magna International Inc., Autoliv, Inc., and TRD International LLC.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to increasing sales volume of passenger cars and commercial vehicles in countries such as China, India, South Korea, Japan among others are expected drive growth for automotive airbags yarn market in Asia Pacific region from 2018 to 2030 The Middle East & Africa (MEA) also has a significant potential for growth on account of rising demand from major manufacturers including Nissan Motor Corporation; Kia Motors Corporation; BMW AG; Daimler AG; Hyundai Motor Company Ltd.
Growth Factors:
- Increasing demand for airbags in passenger cars and commercial vehicles
- Stringent safety norms by regulatory authorities across the globe
- Rising awareness about the benefits of airbags among consumers
- Technological advancements in airbag yarn manufacturing process
- Growing demand for lightweight and high-strength materials in automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Airbag Yarn Market Research Report
By Type
Nylon Yarn, Polyester Yarn
By Application
Passenger Car, Commercial Vehicle
By Companies
Toray Industries, Asahi Kasei Fibers & Textiles, Hyosung, Invista, Nexis Fibers, PHP Fibers, Toyobo, Ascend Performance Materials, Toray Industries
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Airbag Yarn Market Report Segments:
The global Automotive 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
Passenger Car, Commercial Vehicle
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:
- Toray Industries
- Asahi Kasei Fibers & Textiles
- Hyosung
- Invista
- Nexis Fibers
- PHP Fibers
- Toyobo
- Ascend Performance Materials
- Toray Industries
Highlights of The Automotive 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:
- Passenger Car
- Commercial Vehicle
- 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 Automotive 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?
Automotive airbag yarn is a type of yarn made specifically for use in airbags. The yarn is designed to withstand high levels of heat and pressure, which makes it ideal for use in airbags.
Some of the major companies in the automotive airbag yarn market are Toray Industries, Asahi Kasei Fibers & Textiles, Hyosung, Invista, Nexis Fibers, PHP Fibers, Toyobo, Ascend Performance Materials, Toray Industries.
The automotive airbag yarn market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive 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 Automotive Airbag Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive 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 Automotive 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 Automotive Airbag Yarn Market Size & Forecast, 2020-2028
4.5.1 Automotive Airbag Yarn Market Size and Y-o-Y Growth
4.5.2 Automotive 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 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive 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 Automotive 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 Passenger Car
9.10.2 Commercial Vehicle
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 Passenger Car
10.10.2 Commercial Vehicle
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 Passenger Car
11.10.2 Commercial Vehicle
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 Passenger Car
12.10.2 Commercial Vehicle
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 Passenger Car
13.10.2 Commercial Vehicle
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 Automotive Airbag Yarn Market: Competitive Dashboard
14.2 Global Automotive Airbag Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Industries
14.3.2 Asahi Kasei Fibers & Textiles
14.3.3 Hyosung
14.3.4 Invista
14.3.5 Nexis Fibers
14.3.6 PHP Fibers
14.3.7 Toyobo
14.3.8 Ascend Performance Materials
14.3.9 Toray Industries
