LeapZipBlog: Steve Blade's blog: Automotive Curtain Airbag Market: Sales Projected to remain high through the OEM

Automotive Curtain Airbag Market: Sales Projected to remain high through the OEM

June 12, 2019 by Steve Blade  

The automotive curtain airbags market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of automotive curtain airbags market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.

Adequate safety precautions for car occupants continues to evoke requisite government initiatives to ensure optimal safety. Besides head on or frontal collisions, side collisions pose greater threat to car occupants, with heightened chances of head injuries. Adoption of automotive curtain airbag therefore occupies center stage to avert fatalities associated with head injuries at the sight of side collisions. Besides side airbags, rear automotive airbags also remain significant in averting side window glass injuries.

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Considering the broad scope of global automotive curtain airbag market, the report includes a segment-wise analysis and forecast. The global automotive curtain airbag market is segmented into – coating type, yarn type, sales type, vehicle type, and region. Through this section, the report offers an in-depth country-wise forecast on every parameter associated with automotive curtain airbag.

Increasing demand for curtain airbags that are strong and resistant to ozone, oil, chemicals, and heat has led the manufacturers to coat airbags with neoprene. Sales of neoprene airbags is likely to remain high as compared to the other types of coating in the global market. Currently, the neoprene coat type segment is projected to represent around US$ 50 Mn by 2022-end.

Nylon is projected to represent a significant revenue growth as compared to other yarns available in the global market. The nylon yarn type segment is projected to represent more than US$ 40 Mn in the global market by 2017-end. The nylon segment is projected to reflect a relatively high CAGR in the global market of automotive curtain airbag through 2022.

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OEM to Represent a Leading Segment

Surge in demand for airbags that are resistant to oil, heat, ozone, and chemicals has led automotive curtain airbags market players to prefer neoprene for coating the airbags. Neoprene coated automotive curtain airbags are expected to witness the highest revenue growth in the global market. The neoprene coated segment is expected to represent a value of nearly US$ 50 Mn by the end of 2022. However, the silicone coating segment is expected to register the highest CAGR in the automotive curtain airbags market throughout 2022.

Automotive Curtain Airbags Market: Competition Landscape

Leading market players operating in the automotive curtain airbags market include Autoliv, Inc., Takata Corporation, Daicel Corporation, Denso Corporation, Hyundai Mobis Co. Ltd., Toyoda Gosei Co. Ltd., ZF Friedrichshafen AG, Kolon Industries, Inc., Toray Industries, Inc., and Delphi Automotive PLC.

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