FLAT AIRBAG POLYAMIDE FABRIC
MARKET OVERVIEW
Rising vehicle production worldwide. Stringent safety regulations mandating airbag installations. Technological advancements in airbag systems. Increasing consumer awareness regarding vehicle safety features.
MARKET SIZE AND GROWTH
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MARKET SIZE (2024):
APPROXIMATELY USD 512.90
MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 692.97
MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 3.40% DURING THE FORECAST PERIOD.
By Type
MARKET SEGMENTATION
By Application
Others
Car Airbags
Pedestrian Airbags
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Emerging adoption of airbag systems contributing to gradual market expansion.
NORTH AMERICA
Strong demand supported by strict safety standards and advanced vehicle safety systems.
EUROPE
Consistent growth driven by stringent automotive safety regulations (Euro NCAP).
ASIA-PACIFIC
Largest and fastest-growing region due to high vehicle production and evolving safety regulations.
KEY PLAYERS
Hyosung Corporation
Toray Industries, Inc.
Kolon Industries, Inc.
