Automotive Airbag Silicone Market Future Demand, Business Strategies, Industry Growth, Regional Outlook, Challenges and Forecast by 2028

Automotive Airbag Silicone Market

The global automotive airbag silicone market size reached USD 237.5 Million in 2020 and is expected to register a CAGR of 15.4% during the forecast period, according to latest analysis by Emergen Research. One of the main factors propelling the growth of the worldwide automotive airbag silicone market at the moment is the increase in the number of silicone-coated airbags per vehicle. The purpose of an automotive airbag silicone is to provide soft cushioning and support for a vehicle’s occupants during a collision.

Ordinary airbags release heat during deployment, increasing the possibility that passengers would burn. Without the airbag ripping or tearing during deployment, this heat can be controlled by adding a silicone lining to the airbag. Additionally, silicone-coated airbags have a short deflation time. after achieving the maximum inflation pressure and have additional advantages like heat resistance and airbag protection when compared to alternatives like neoprene coverings. Additionally, silicone’s exceptional compatibility with common airbag textiles like nylon enables it to build a moisture-proof protective layer while being chemically inert. The demand for vehicle airbags made of silicone-coated textiles is anticipated to increase as a result of these benefits.

COVID-19 Impact Analysis

The COVID-19 pandemic has adversely impacted the whole automotive airbag silicone business by causing supply chain disruptions, enforcing socially restrictive laws, and limiting the number of workers, which has led to a labour shortage across all industries and sectors. At the start of the COVID-19 pandemic, the demand for silicone was significantly impacted by the description of the airbag and airbag fabric manufacturing process. It’s anticipated that R&D funding will decrease, which will impede the market’s ability to innovate with regard to automobile airbag silicone. Companies are, however, taking safety precautions to combat the outbreak’s negative effects.

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Some Key Highlights in the Report

The curtain/side segment is estimated to be the largest market during the forecast period

According to airbag position, the curtain/side segment is anticipated to rule the automotive airbag silicone market in 2020. These airbags are positioned on the side of the seat or the door, typically on the roof rail above the side windows, and are intended to help protect an adult’s chest in a significant side-impact crash and in the event of a rollover. In side-impact incidents, side airbags are predicted to lessen significant chest injuries by about 25%.

The passenger cars segment is projected to be the largest market during the forecast period

In order to lessen impact and save occupant lives during accidents, passenger automobiles are equipped with passive safety devices like airbags. Governments all over the world are progressively promoting the usage of airbags to improve safety in automobiles due to the advantages of airbags and the rising frequency of traffic accidents. Over the years, the need for automotive airbag silicone has increased due to the rising popularity of passenger cars. Additionally, with recent airbag mandates in developing nations and anticipated demands for curtain/side airbags from nations like China and the US, airbag penetration is anticipated to reach up to five to seven airbags per car.

Asia Pacific countries are home to numerous domestic and foreign competitors, including Toray Industries, Inc., Toyobo Co., Ltd., Mitsubishi Electric Corporation, and DENSO Corporation. These competitors are fueling the region’s market expansion, which is expected to be the fastest among all regional markets over the course of the forecast period.

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.

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 Million; 2018–2028)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Italy
    5. Spain
    6. BENELUX
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

Browse Full Report Description + Research Methodology + Table of Content + Infogr[email protected] https://www.emergenresearch.com/industry-report/automotive-airbag-silicone-market

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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