The Global Automotive Airbag Silicone Market report provides vital information that prepares market players to give fierce competition to their toughest competitors based on growth, sales, and revenue, among other essential factors. The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and unearth hard to find information pertaining to the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further comprises of discussions about the major vendors operating in the Automotive Airbag Silicone space
Growing number of silicone-coated airbags per vehicle and increasing demand for electric vehicles are some key factors driving global automotive airbag silicone market growth.
However, high cost of raw materials for production of silicone-coated automotive airbags is a primary factor expected to hamper global automotive airbag silicone market growth to a certain extent during the forecast period.
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Some Key Highlights in the Report
- One-piece-woven segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. Increasing emphasis on diminishing accidental death rate is expected to boost growth of this segment.
- Key players in the market include Wacker Chemie AG, Robert Bosch GmbH, Continental AG, Mitsubishi Electric Corporation, Kolon Industries, Inc, ZF Friedrichshafen AG, Toray Industries, Inc., Toyobo Co., Ltd., Shin-Etsu Chemical Co., Ltd., and DENSO Corporation.
- In September 2018, Shin-Etsu Chemical Co., Ltd. declared investment of USD 1.02 billion in facilities for its silicone business. The objective for such expansion is to broaden the manufacturing capacity of silicone monomers, intermediate silicone component, as well as different kinds of silicone liquids, adhesives, and hard plastic final products at its primary business bases in Japan and worldwide.
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Emergen Research has segmented the global automotive airbag silicone market on the basis of type, airbag position, vehicle type, and region:
Type Outlook (Revenue, USD Million; 2018–2028)
- One-Piece-Woven
- Cut-And-Sewn Seam-Sealed
Airbag Position Outlook (Revenue, USD Million; 2018–2028)
- Curtain/Side
- Front
- Knee
Vehicle Type Outlook (Revenue, USD Million; 2018–2028)
- Commercial Vehicle
- Passenger Cars
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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