Global Automotive Airbags Silicone Market Size, Drivers, Trends, Opportunities And Strategies – Includes Automotive Airbags Silicone Market Growth
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Making airbags compulsory for front seats in vehicles are expected to drive innovation in automotive airbags silicone manufacturing, thus driving the market during the forecast period.
The global automotive airbags silicone market is expected to grow from $318.75 billion in 2022 to $374.53 billion in 2023 at a compound annual growth rate (CAGR) of 17.50%. The automotive airbag silicone market size is expected to grow to $724.06 billion in 2027 at a CAGR of 17.92%.
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Global Automotive Airbags Silicone Market Segments Include:
- By Type: By Airbag Type: Cut-and-Sewn Seam-Sealed (CSSS), One-Piece-Woven (OPW)
- By Airbag Position: Front, Knee, Curtain/Side, Other Airbag Positions
- By Vehicle Type: Passenger Cars, LCV, HCV
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global automotive airbags silicone market in 2021.
Major Market Players in the automotive airbags silicone market include Dow, Elkem Silicones, Shin-Etsu Chemical, Wacker Chemie AG, TORAY Industries, Toyobo, Zodiac, and Porcher Industries.
Innovative airbag design with silicone rubber fabric coatings and seam sealants is an emerging trend in the automotive airbag silicone market. Silicone rubber fabric coatings and seam sealants help airbag design integrity to enhance occupant impact protection and safety. For instance, Dow’s SILASTIC™ silicone engineered elastomers are proven, effective solutions for advanced airbag design. This innovative product meets industry and regulatory requirements for use on cut-and-sewn, seam-sealed (CSSS) airbags and one-piece-woven (OPW) airbags. It can be included in side curtain airbags, front-centre airbags, knee-bolster airbags, frontal airbags (driver and passenger) and side airbags.
The Automotive Airbags Silicone Global Market Report 2023 provides a automotive airbags silicone market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive airbags silicone market forecast analyzes automotive airbags silicone market size, automotive airbags silicone market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Automotive airbags silicone offers thermal resistance, slip resistance, and crash protection. Because airbags generate heat, passengers in the car are at risk of being burned; therefore, applying a thin layer of silicone to the airbag will help protect the fabric from heat and prevent passenger burns.
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