The global Airbag Textile market was valued at US$ 1035.7 million in 2019 and it is expected to reach US$ 1294.6 million by the end of 2026, growing at a CAGR of 7.3% during 2021-2026.
Automotive Airbag Textile is the fabric used to manufacture automotive airbag. , it is produced by nylon yarn, and today’s fabrics are primarily nylon 66.
There are mainly two type product of Airbag Textile market: Flat Airbag Fabric and OPW Airbag Fabric. In 2020, Flat Airbag Fabric accounted for a share of 56.85% in the global Airbag Textile market.
Geographically, the global Airbag Textile production market has been segmented into North America, Europe, China, Japan and other regions. The Europe held the largest share in the global market, its revenue of global market exceeds 36% in 2020.
The leading manufactures mainly are Hyosung, Toyobo, Toray, Kolon, HMT, UTT, Porcher, Milliken, Safety Components and etc. Hyosung is the largest manufacturer; its revenue of global market exceeds 29% in 2019.
Global Airbag Textile Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Airbag Textile Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Hyosung, Toyobo, Toray, Kolon, HMT, UTT, Porcher Industries, Milliken Textiles, Safety Components and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-airbag-textile-market-research-report
Segment by Type
- Flat Airbag Fabric
- OPW Airbag Fabric
Segment by Application
- Front Airbag
- Side Airbag
Table of Content:
1 Airbag Textile Market Overview
2 Airbag Textile Market Competition by Manufacturers
3 Airbag Textile Retrospective Market Scenario by Region
4 Global Airbag Textile Historic Market Analysis by Type
5 Global Airbag Textile Historic Market Analysis by Application
6 Key Companies Profiled
7 Airbag Textile Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Airbag Textile Market Dynamics
10 Global Airbag Textile Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.