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.
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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The Global Automotive Airbag Silicone Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Automotive Airbag Silicone Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Automotive Airbag Silicone Market industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2020.
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.
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
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
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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
Key Questions Answered in the Report:
What will be the estimated growth rate of the Automotive Airbag Silicone market by 2028?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Automotive Airbag Silicone market throughout the forecast period?
What are the current and future market trends of the Automotive Airbag Silicone market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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