As per this study the Global Automotive Airbag Fabric Market was valued USD 1,200 MN (by revenue) in 2017 and is anticipated to reach USD 1,557.9 MN by 2024 with a CAGR of 3.8%.
 
Airbags are used to protect the passengers on-board in case of accidents and auto-collision. Fabric used for making air bags is flexible and possess high tensile strength and heat resistant with low air permeability and better energy absorption. Most common airbag fabrics used are nylon 6.6, nylon 6 and nylon 4.6.
 
Objectives of the Study:

• Define and measure the global automotive airbag fabric market
• Revenue forecast of the global automotive airbag fabric market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
Market Dynamics
 
The automotive airbag fabric market is majorly growing on account of increasing automobile sales and increase in installation of air bags per car. Stringent safety standards to ensure more safety for passengers and driver are further fueling the marker growth. Also, rising concern regarding the passenger safety is projected to push the market demand upwards in forecasting period.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of automotive airbag fabric.
 
Market Segmentation
 
The broad automotive airbag fabric market has been sub-grouped into vehicle type, application, yarn type, coating type and product type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Vehicle Type

• Compact Car
• Mid-Sized Car
• Large Car
• MPV & LCV
• SUV
• Others

 
By Application

• Front Airbag
• Side Airbag
• Knee Airbag
• Curtain Airbag
• Others

 
By Yarn Type

• Polyamide
• Polyester

 
By Coating Type

• Neoprene Coated
• Silicone Coated
• Non-Coated

 
By Product Type

• Flat Airbag Fabric
• OPW Airbag Fabric

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for automotive airbag fabric in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Automotive Airbag Fabric Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the automotive airbag fabric market include Asahi Kasei Co., Ltd., Autoliv AB, Global Safety Textiles GmbH, HMT (Xiamen) New Technical Materials Co., Ltd., Kolon Industries, Takata Corporation, Teijin Limited, Toray Industries, Toyobo Co., Ltd., Toyota Boshoku Corporation and ZF Friedrichshafen AG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.