Airbag Textile Market Research Report Information By Type (PET OPW Airbag Fabric, Nylon OPW Airbag Fabric, Nylon Flat Airbag , PET Flat Fabric), By Application (Front Airbag, Side Airbag, Knee Airbag, and Curtain Airbag), By Coating Type (Front Airbag, Side Airbag, Knee Airbag, and Curtain Airbag), By Vehicle Type (Passenger Vehicle, and Commercial Vehicle) And By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Market Forecast Till 2032

Airbag Textile Market Overview

Airbag Textile Market Size was valued at USD 1,106.2 Million in 2022. The Global Airbag Textile market industry is projected to grow from USD 1,164.9 Million in 2023 to USD 1,992.6 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.1% during the forecast period (2023 – 2032).

An airbag is a vehicle occupant-restraint system that uses a bag designed to inflate extremely quickly, then quickly deflate during a collision. It consists of an airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. The purpose of the airbag is to provide a vehicle occupant with soft cushioning and restraint during a collision, reducing injuries between the occupant and the interior of the vehicle. Airbag textiles are specifically designed and used in the production of airbags, and they play a crucial role in ensuring the effectiveness of the airbag system in providing safety during a collision.

As per Analyst at MRFR, “Several factors drive the market, including the rise in road accidents, increasing awareness regarding vehicle safety among consumers, and stringent government regulations.”

Figure1: Airbag Textile Market, 2019 - 2032 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Airbag Textile Market Driver

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  Rise in Number of Road Accidents

  
  

The rise in the number of road accidents has had a significant impact on the airbag textile market. As driver incidents continue to increase, there is a growing awareness and emphasis on safety measures, particularly in the automotive industry. This has resulted in an amplified demand for airbags, thus driving the growth of the airbag textile market. Airbags play a crucial role in minimizing the impact of collisions and protecting drivers from severe injuries. With the rise in road accidents, there has been a greater recognition of the importance of airbags by automobile manufacturers and consumers. This heightened awareness has spurred the adoption of airbag systems in vehicles, leading to an increased need for airbag textiles. To meet the rising demand, the airbag textile market has witnessed advancements in technology and material innovation. Manufacturers are continually developing durable, lightweight textiles that can be efficiently deployed in the event of an accident. As a result, the market has experienced a surge in research and development activities aimed at enhancing the overall safety features of airbag textiles.

Airbag Textile Market Type Segment Insights:

Airbag Textile Type Insights

Based on the Type, The Airbag Textile market is bifurcated into PET OPW Airbag Fabric, Nylon OPW Airbag Fabric, Nylon Flat Airbag, and PET Flat Fabric. Nylon flat fabric accounted for highest market share in 2022. It is a textile material made from nylon fibers woven together in a flat (non-ridged) construction. Nylon is a synthetic polymer known for its high strength, durability, and abrasion resistance. The flat construction of the fabric gives it a smooth and consistent surface, making it a popular choice for various applications. Nylon flat fabric is used in multiple industries, including automotive, fashion, and outdoor gear. In the automotive industry, fabric is used to manufacture seat belts, airbags, and other safety components. In the fashion industry, nylon flat fabric is used to create lightweight, durable, and water-resistant clothing, accessories, and footwear. Additionally, the fabric is used in outdoor gear, such as backpacks and tents, due to its ability to withstand harsh weather conditions.

Airbag Textile Market Vehicle Type Segment Insights:

Airbag Vehicle Type Insights

By Vehicle Type, the Airbag Textile market is segmented into Passenger Vehicle and Commercial Vehicle. Among Vehicle Type, Passenger Vehicle holds the highest market share of 69.4% in 2022 in Airbag textile market, the market for Passenger Vehicle was valued at USD 767.3 Million in 2022 and is anticipated to reach USD  1,436.4  Million in 2032 growing at a CAGR of 6.5%. Airbag textiles used in passenger cars are fabric materials designed to be strong, durable, and lightweight for rapid inflation and cushioning the impact of a collision. Typically made from nylon or polyester, this fabric is coated with a heat-resistant material to prevent degradation from the high temperatures generated during airbag deployment. Airbag textiles have played a critical role in improving vehicle safety by providing a cushioned barrier between the passenger and the hard surfaces inside the vehicle. They help to reduce the risk of severe injury or death in the event of a crash.

Commercial car airbag textile is a similar fabric used to produce airbags installed in commercial vehicles such as buses and trucks. This textile material is also designed to be strong, durable, and lightweight for rapid inflation and cushioning the impact of a collision. It is typically made from materials like passenger car airbag textiles, such as nylon or polyester. It is coated with a heat-resistant material to withstand high temperatures generated during deployment. Airbag textiles in commercial vehicles have also played a critical role in improving passenger safety in these vehicles and helping to reduce the risk of severe injury or death in the event of a crash.

Figure2: Airbag Textile Market, by Vehicle Type, 2022 & 2032 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Airbag Textile Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.  The regions included in the study are North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Asia-Pacific is anticipated to dominate the Airbag Textile market in 2022 while North America is anticipated to exhibit the highest CAGR during the forecast period.

Among Region, Asia-Pacific holds the highest market share of 48.1% in 2022 in Airbag textile market, the market for Asia-Pacific was valued at USD 531.9 Million in 2022 and is anticipated to reach USD 966.4 Million in 2032 growing at a CAGR of 6.2%. The Asia-Pacific airbag textile market is a growing industry that manufactures and supplies various airbag textiles, including nylon, polyester, and others. The increasing demand for airbags in the automotive industry, safety regulations, and the rising awareness of road safety drive the market. Technological advancements and the use of eco-friendly materials also influence the market. The major players in the Asia-Pacific airbag textile market include Toray Industries, Toyobo Co. Ltd., Kolon Industries Inc., and Hyosung Corporation. These companies continuously invest in R&D to develop new and innovative products to cater to the growing demand for airbag textiles.

The North American airbag fabric market is a rapidly growing industry that provides materials for producing airbags used in various vehicles. Airbags are a vital safety feature in automobiles, and the demand for high-quality automotive airbag fabrics is increasing due to the rising concerns about passenger safety. Furthermore, the increasing number of government regulations mandating the use of airbags in vehicles has also contributed to the growth of this market. The market has witnessed significant growth due to advancements in technology and the development of new materials. Manufacturers are increasingly focusing on producing airbag fabrics that are lightweight, durable, and cost-effective.

Additionally, the growing demand for electric and hybrid vehicles is also expected to contribute to the growth of this market in the coming years. Overall, the North American airbag fabric market is a dynamic and rapidly evolving industry that is expected to grow as the demand for vehicle safety features increases. The industry is expected to witness increased competition and innovation as manufacturers strive to produce high-quality airbag fabrics that meet the growing needs of the automotive industry.

The European airbag textile market is a rapidly growing industry providing textiles for producing airbags in various vehicles. Airbags are an essential safety feature in automobiles, and the demand for high-quality airbag textiles is increasing as the number of cars on the roads continues to grow. Additionally, the increasing number of regulations mandating the use of airbags in vehicles has also contributed to the growth of this market. The market has witnessed significant growth due to advancements in technology and the development of new materials. Manufacturers are increasingly focusing on producing airbag textiles that are lightweight, durable, and cost-effective.

Additionally, the growing demand for electric and hybrid vehicles is also expected to contribute to the growth of this market in the coming years. The European airbag textile market is highly competitive, with several major players operating. Countries like Germany, France, and the UK are significant contributors to the growth of this market in Europe. Overall, the European airbag textile market is a dynamic and rapidly evolving industry expected to grow as demand for vehicle safety features increases.

Figure3: Airbag Textile Market Size by Region 2022 & 2032

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Airbag Textile Key Market Players & Competitive Insights

The Airbag Textile Market consists of various global and regional service providers who are continuously evolving to enhance their market position. The growth of the airbag textile market is driven by rise in the number of road accidents globally underscores the urgent need for enhanced vehicle safety measures, propelling the demand for airbag textiles. Growing awareness among consumers regarding vehicle safety, coupled with stringent government regulations mandating the incorporation of airbag systems, further fuels market expansion. Moreover, airbag textile manufacturers are significantly investing in developing advanced technologies to offer the most robust and durable airbag fabric. Despite the market's growth potential, certain restraints pose challenges to its development. High production and installation costs associated with airbag systems hinder widespread adoption, impacting market penetration and profitability. However, advancements in technology and manufacturing processes offer opportunities to address cost concerns and drive market growth.

The competitive landscape features key players such as Autoliv, Inc., Global Safety Textiles, HMT New Technical Materials Co. Ltd., Indorama Ventures, Joyson Safety Systems, Asahi Kasei Co. Ltd., Autoliv China, Teijin Limited, Toray Industries, and Toyobo Co. Ltd. These companies leverage their expertise and technological capabilities to develop cutting-edge airbag textiles that meet stringent safety standards and address market demands.

Key Companies in the Airbag Textile Market include

• Global Safety Textiles


• HMT (Xiamen) New Technical Materials Co., Ltd.


• Indorama Ventures Public Company Limited (IVL)


• Mid-Mountain Materials, Inc.


• Joyson Safety Systems


• The Asahi Kasei Group


• Autoliv, Inc.


• Milliken & Company


• Teijin


• Toray Group


• Toyobo Co. Ltd.,


• Kolon Group


• Toyota Boshoku Group


• Global Safety Textiles


• Others

Airbag Textile Industry Developments

• In August 2024, Abbott has launched a new rapid COVID-19 rapid test, which delivers results in less than 15 minutes. The test is based on sophisticated molecular technology that accurately identifies the virus and is therefore appropriate for home as well as clinical use. With this new diagnostic tool, Abbott hopes to enhance the turnaround time and the reach of tests and thereby help in reducing the impact of the pandemic. The new test is expected to be made available for sale starting September 2024.


• In August 2024, Roche’s upgraded platform for COVID-19 testing with approval had multiplex testing capabilities. This platform incorporates multiplex testing, which provides the ability to test for COVID and other respiratory pathogens at the same time. The enhancement of the system will be implemented in laboratories and patient care services in Europe and North America from August 2024.


• In July 2024, Siemens Healthineers announced a new diagnostic system for COVID-19 with the enhanced help of AI that focuses on accuracy and the efficiency of the process. Artificial intelligence is employed in this system to expedite the manner in which the diagnostics are done, and the results availed. This development is targeted at helping healthcare systems that are dealing with COVID-19 more easily. Major hospitals and clinics should have adopted the new system by October 2024.


• In July 2024 a home-use COVID-19 sample collection test kit from Thermo Fisher Scientific for self-sampling without the need to seek the services of a health care provider for results. The test kit comprises sophisticated molecular technology in a bid to provide accurate and dependable outcomes. This strategy has been formulated as an effort by Thermo Fisher to improve testing coverage and help the fight against the epidemic. The at-home test kits will be put on sale from July 2024.


• In July 2024, BioNTech announced the development of next-generation COVID-19 diagnostic tools that incorporate advanced genomic technologies. Such devices and instruments are intended for the creation of more efficient and faster virus detection systems including and especially for new variants. BioNTech’s new diagnostic solutions are expected to increase the capacity to track and respond to advancing COVID-19 strains. Initial prototypes are expected to be tested by the end of 2024.


• Airbag Textile Market Segmentation

Airbag Textile Type Outlook

• PET OPW Airbag Fabric


• Nylon OPW Airbag Fabric


• Nylon Flat Airbag


• PET Flat Fabric

Airbag Textile Application Outlook

• Front Airbag


• Side Airbag


• Knee Airbag


• Curtain Airbag

Airbag Textile Coating Type Outlook

• Neoprene Coated


• Silicon Coated


• Uncoated

Airbag Textile Vehicle Type Outlook

• Passenger Vehicle


• Commercial Vehicle

Airbag Textile Regional Outlook

North America

Europe

Asia-Pacific

Middle East & Africa

South America

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  Brazil
  
  


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  Argentina
  
  


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  Rest of South America