Emergen Research Logo

Growing number of silicone-coated airbags per vehicle and increasing demand for electric vehicles are some key factors driving global automotive airbag silicone

VANCOUVER, BC, CANADA, July 4, 2023/EINPresswire.com/ -- According To Analysis Of Emergen Research, 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. Increase in the number of silicone-coated airbags per vehicle is one of the key factors currently driving growth of the global automotive airbag silicone market. In addition, rising demand for electric vehicles is expected to boost market growth over the forecast period. Furthermore, rising demand for curtain/side automotive airbags is expected to support growth of the global automotive airbag silicone market to a significant extent going ahead.

Automotive airbag silicone plays a critical role in ensuring passenger safety by providing reliable and effective cushioning during vehicular collisions. Designed to withstand extreme forces, this specialized silicone material is engineered to rapidly inflate and form a protective barrier between occupants and potential impact surfaces. Its unique properties, including high tear strength, temperature resistance, and low toxicity, enable airbags to deploy swiftly and efficiently, absorbing and dissipating energy to reduce the risk of injury. Automotive airbag silicone exemplifies the continual advancements in automotive safety technology, contributing to enhanced occupant protection and reinforcing the commitment to saving lives on the road.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.emergenresearch.com/request-sample/552

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.

The curtain/side segment is expected to register significant revenue growth over the forecast period due to rising usage of airbags to protect chest of adults from side-impact collisions.

Increasing airbag installation in passenger cars to mitigate impact and save passengers' lives in collisions is expected to drive growth of the passenger cars segment, which is expected to lead in terms of revenue contribution to the global automotive airbag silicone market during the forecast period.

The robust presence of domestic and international players such as Toray Industries, Inc., Toyobo Co., Ltd., Mitsubishi Electric Corporation, and DENSO Corporation in countries in Asia Pacific is driving regional market growth, which is expected to account for the fastest share growth among other regional markets during the forecast period.

The study is conducted by experienced professionals who possess extensive knowledge about how influential leaders have effectively dealt with the challenges of attracting customers and responding to competitive factors that impact their brand's position in the industry. The analysis of the Automotive Airbag Silicone market offers comprehensive insights and information that are essential for the success of any business owner.

Leading Key Players Operating in the Automotive Airbag Silicone Market Includes:

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.

Get a Discount On The Purchase Of This Report @ https://www.emergenresearch.com/request-discount/552

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

For More Information or Query Visit@  https://www.emergenresearch.com/industry-report/automotive-airbag-silicone-market

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report offers insightful information about the market dynamics of the Automotive Airbag Silicone market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Automotive Airbag Silicone market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Automotive Airbag Silicone market.

Key point summary of the report:

The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.

It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.

The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.

It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.

The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.

The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

Proceed To Buy Now@ https://www.emergenresearch.com/select-license/552

Thank you for reading the research report. We also offer report customization as per client requirement. Kindly connect with us to know more about the customization feature and our team will offer you the best suited report. 

Top Trending Reports

Biocomposites Market

https://www.emergenresearch.com/industry-report/biocomposites-market

Prepreg Market

https://www.emergenresearch.com/industry-report/prepreg-market

Remote Access Solutions Market

https://www.emergenresearch.com/industry-report/remote-access-solutions-market

Mammalian Cell Culture Market

https://www.emergenresearch.com/industry-report/mammalian-cell-culture-market

Gourmet Salt Market

https://www.emergenresearch.com/industry-report/gourmet-salt-market

Network Analytics Market

https://www.emergenresearch.com/industry-report/network-analytics-market

Home Healthcare Market

https://www.emergenresearch.com/industry-report/home-healthcare-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 trends 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.

Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.