GLOBAL AUTOMOTIVE AIRBAG SILICONE COATING MARKET
INTRODUCTION
To improve occupant safety and impact protection, silicone rubber fabric coatings and seam sealants can aid in preserving the integrity of airbag designs. With the utilisation of silicone’s characteristics, silicone coating materials offer good light resistance (colouring prevention induced by light).
Due to their excellent adherence to inorganic materials and thermal stability, they can be employed not only for semiconductor applications but also as a protective layer for a variety of materials.
When deployed, airbags generate heat that may increase the chance that passengers would burn. Without the airbag ripping or tearing during deployment, this heat can be eliminated or contained by covering it with silicone.
GLOBAL AUTOMOTIVE AIRBAG SILICONE COATING MARKET SIZE AND FORECAST
The Global Automotive airbag silicone coating market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
MARKET DYNAMICS
Sales of high-end automobiles with more safety features, such as 5-8 airbags per vehicle, are predicted to increase, as is interest in and uptake of various airbag types in passenger cars.
These factors are projected to promote industry growth. The Vehicle Airbag Silicone Market is anticipated to be driven by stringent safety regulations in the upcoming years, as well as rising installations and rising demand for frontal, curtain/side, and knee airbags.
Throughout the projection period, market players should have possibilities for expansion due to the increased demand for electric vehicles and the increasing penetration of airbags in commercial vehicles.
Due to cost-effectiveness and regional airbag companies maximising their presence to lower supply chain costs, there has been an increase in demand in nations like China, Japan, South Korea, and Thailand.
This increase can be ascribed to international development. On the other hand, nations like India are heavily reliant on outsourcing to meet the demand for fabric and automobile airbag silicone due to the absence of supplier engagement.
Airbags can enhance the danger of occupants being burned upon activation by producing heat. Applying a silicone coating to the airbag will help to contain/dissipate this heat without causing it to tear or tear upon deployment.
With the rising use of these devices to prevent injuries, the requirement for and quantity of airbags per vehicle are anticipated to decline. This anticipated decline in airbags per vehicle is anticipated to reduce demand for silicones and reduce the demand for automotive silicone airbags over the course of the forecast period.
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many Automotive airbag silicone coatings are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- Cost breakup of a Global Automotive airbag silicone coating and key vendor selection criteria
- Where is the Automotive airbag silicone coating manufactured? What is the average margin per unit?
- Market share of Global Automotive airbag silicone coating market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Global Automotive airbag silicone coating in-house
- key predictions for next 5 years in Global Automotive airbag silicone coating market
- Average B-2-B Automotive airbag silicone coating market price in all segments
- Latest trends in Automotive airbag silicone coating market, by every market segment
- The market size (both volume and value) of the Automotive airbag silicone coating market in 2023-2030 and every year in between?
- Production breakup of Automotive airbag silicone coating market, by suppliers and their OEM relationship
