GLOBAL AIRBAG YARN MARKET

INTRODUCTION

The most crucial safety feature in a car is the airbag. An automobile is equipped with a variety of airbags, including driver airbags, passenger airbags, side airbags, curtain airbags, and knee airbags. Due to rising concern for passenger safety, the airbag market has been expanding faster.

The airbag yarn is divided into two categories based on the kind of yarn: polyamide yarns and polyester yarns. The most prevalent yarn type in airbag yarn is probably going to continue to be polyamide. The side and curtain airbags are more often made using polyester yarns.

The value that polyester yarns offer is that they are substantially less expensive than polyamide yarns.

GLOBAL AIRBAG YARN MARKET SIZE AND FORECAST

The Global Airbag Yarn market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

RECENT PRODUCTS DEVELOPMENTS AND INNOVATION

High-performance PA6.6 yarns from RadiciGroup called Raditeck are resistant to strong and unexpected tensile stress, like that experienced when airbags are activated.

The Dylar nonwovens that RadiciGroup utilises have tensile strength, are resistant to humidity and temperature changes, and maintain their qualities over time. Additionally lightweight and simple to fold, Dylar nonwovens are ideal for airbag envelopes.

Enka Nylon airbag yarns with various shrinkage characteristics, high or ultra high tenacity in NDPF and LDPF (Normal respectively Low Denier Per Filament) qualities in all required yarn counts, and PET airbag yarns make it possible to give the best yarn for all types and fabrics of airbags. 

With the introduction of a new, ultra-lightweight avalanche airbag fabric at ISPO Munich, Porcher Sport, the Sports and Leisure branch of Porcher Industries, is raising the bar for safety for skiers and snowboarders.

The new performance fabric from Porcher Sport, which is thought to be the lightest fabric on the market with a super-low weight of just 132g/m2, has been shown to reduce the weight of avalanche bags by more than 12%.

The material has a PU coating that was developed in-house to withstand the worst conditions, and it also boasts tear resistance that is more than 50% higher than that of conventional airbag textiles. The cloth is made to be repackable and small so that the airbag can be deployed more than once.

MARKET DYNAMICS

Toyobo Co. Ltd. and Bangkok-based Indorama Polyester Industries PCL (IPI), which is part of the largest PET manufacturer in the world, Indorama Ventures PCL, have agreed to establish a joint venture company to create yarns for car airbags.

Toray Industries, Inc. stated today that it plans to increase the cost of nylon 66 yarn and fabric for exports by up to 35%. This decision was made because nylon 66 polymer, the main component of the yarns and fabrics used to make vehicle airbags, has remained expensive.

This is happening in the midst of increased demand brought on by a global economic recovery and rising crude oil prices due to supply issues brought on by Russia's invasion of Ukraine. Another aspect is that the company anticipates more price increases for inputs including secondary materials, fuel, and transportation, which began last year, to drive up the cost of producing yarn and fabrics.

COMPANY PROFILE

• Akilen
•  PHP Fibers
• Oerlikon
•  Nexis Fibers
• Ascend Performance Materials
• Invista
• Asahi Kasei Fibers & Textiles
• Toray Industries
•  Toyobo
•  ShenMa-PHP (Pingdingshan) Air Bag Yarn Manufacturing
•  Hyosung

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGlobal Airbag Yarn marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aGlobal Airbag Yarn marketin the US, Europe and China?
3. How manyGlobal Airbag Yarn marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGlobal Airbag Yarn marketand key vendor selection criteria
6. Where is theGlobal Airbag Yarn market manufactured? What is the average margin per equipment?
7. Market share ofGlobal Airbag Yarn marketmanufacturers and their upcoming products
8. The most important plannedGlobal Airbag Yarn marketin next 2 years
9. Details on network of majorGlobal Airbag Yarn marketand pricing plans
10. Cost advantage for OEMs who manufactureGlobal Airbag Yarn marketin-house
11. 5 key predictions for next 5 years inGlobal Airbag Yarn market
12. Average B-2-BGlobal Airbag Yarn marketprice in all segments
13. Latest trends inGlobal Airbag Yarn market, by every market segment
14. The market size (both volume and value) ofGlobal Airbag Yarn marketin 2024-2030 and every year in between?
15. Global production breakup ofGlobal Airbag Yarn market, by suppliers and their OEM relationship