The Global Automotive Airbag Silicone Market report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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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