What is Airbag FabricsMarket?
Airbag Fabrics are materials which are used to manufacture airbags. Airbags are considered most essential for the safety of the passengers and thus with increasing number of accidents around the world, several governments have raised the safety regulations regarding passenger safety. The global rise in automobile sales especially in asia pacific due to rising disposable income has also had a positive effect on the market of the airbag fabrics. The airbag fabrics market can be segmented into flat airbag fabrics and one piece woven airbag fabric based on the fabric type, similarly the market can be divided into polyamide and polyester among other major yarns utilised for the manufacturing of airbag fabrics. Geographically, Asia Pacific region and North America region are the largest market of the airbag fabrics.
Airbag Fabrics Market Report Coverage
Report Coverage | Details |
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Study Timeframe | 2017 to 2027 |
Base Year | 2021 |
Growth Drivers | - Growing Stringent Regulations on Passenger Safety
- Increasing Demand for Automobile due to Rise in Disposable Income
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Challenges & Pitfalls | - Emergence of New Disruptive Airbag Fabric
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Opportunities
Asia Pacific Region would Account for Largest Market Share due to Rapidly Growing Markets of China and India
Restraints
- Lack of Specialised Workers required to Install and Manufacture Airbag Fabrics in Developing Countries
The Vendors Covered in the Study are:
Toyobo Co., Ltd. (Japan), Takata Corporation (Japan), Continental AG (Germany), Teijin Limited (Japan), DowDupont Inc. (United States), Tokai Rika CO. Ltd. (Japan), Farbchemie Braun GmbH & Co. KG (Germany), Kora Textiles (Poland), Akra Polyester S.A de C.V (Mexico) and Toray Indsutries Inc. (Japan)
Available Customization:
A list of players that can be included in the study on an immediate basis are Zhejiang Guxiandao Polyester Dope Dyed Yarn Co. Ltd. (China), Faze Three Ltd. (India) and Adient Fabrics (France).
In 2019, Renault, French Automaker Giant, developed a new special type of automotive fabric made out of recycled materials with the collaboration of Les Filatures du Parc and Adient Fabrics, the two France based companies specialise in carded yarn and automotive seats respectively. The recycled materials included Seat Belts, textile scraps and plastic bottles. Renault aims to lower its carbon footprint and innovate automotive manufacturing in a more sustainable way.