The Airbag Textile market is booming because growing awareness regarding vehicle safety amongst consumers, due to which the market is expected to grow at a CAGR of 6.1% from 2023 to 2032

Market Research Future (MRFR) has published on the “Global Airbag Textile Market”.

The airbag textile market is witnessing increasing demand due to growing consumer awareness regarding vehicle safety. With the rising number of road accidents and fatalities, consumers are becoming increasingly conscious about the safety features of their vehicles. Airbags have emerged as a crucial safety component that can help reduce the impact of collisions and prevent serious injuries. As a result, automakers are focusing on improving the safety features of their vehicles, which is driving the demand for airbag textiles. Additionally, government regulations mandating the installation of airbags in cars are further contributing to the growth of the airbag textile market. The increasing adoption of electric vehicles and the rise of advanced driver assistance systems (ADAS) are also expected to drive airbag demand in the coming years. Overall, the growing awareness among consumers regarding vehicle safety is expected to continue to drive the growth of the airbag textile market.

The Airbag Textiles market is estimated to register a CAGR of 6.1% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Airbag Textiles market - Global Safety Textiles, HMT New Technical Materials Co. Ltd., Indorama Ventures, Mid Mountain Materials Incorporated, Joyson Safety Systems, and Others.

Market Highlights

The Airbag Textiles market is accounted for to register a CAGR of 6.1% during the forecast period and is estimated to reach USD 1,992.6 million by 2032.

The airbag textile market is expected to grow significantly in the coming years due to various factors. The rise in the number of road accidents has led to an increase in demand for airbags. Growing awareness regarding vehicle safety amongst consumers has also contributed to the market's growth. Governments worldwide have introduced stringent regulations to ensure the safety of vehicles, further boosting the demand for airbags. However, the high production and installation cost of airbags is a significant restraint that needs to be addressed.

The rising demand for airbags in emerging economies presents an opportunity for market growth. Technological advancements in airbag textiles have also contributed to the market's growth. These advancements have led to the development of more efficient and reliable airbags, which has helped increase their adoption in the automotive industry. Overall, the airbag textile market is expected to grow significantly in the coming years, driven by the growing demand for airbags and technological advancements.

Access full report @ https://www.marketresearchfuture.com/reports/airbag-textile-market-21454

Segment Analysis

Based on Type, the market is segmented into PET OPW Airbag Fabric, Nylon OPW Airbag Fabric, Nylon Flat Airbag, PET Flat Fabric. Among type segment, Nylon Flat Airbag holds the highest market share in 2022 in Airbag textile market, the market for Nylon Flat Airbag was valued at  USD 380.1 Million in 2022 and is anticipated to reach USD 643.6 Million in 2032 growing at a CAGR of 5.4%. The growth of the segment is attributed to several factors, including its lightweight and durable nature, resistance to abrasion and chemicals, and excellent strength-to-weight ratio. Additionally, the increasing demand for airbags in the automotive industry, coupled with the growing focus on vehicle safety, is also driving the growth of the Nylon Flat Airbag segment. Furthermore, the development of advanced nylon materials with improved properties has increased the adoption of nylon flat airbags in recent years.

Based on Application, the market is segmented into Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag. Among application segment, Front Airbag holds the highest market share of 45.9% in 2022 in Airbag textile market, the market for Front Airbag was valued at USD 507.7 Million in 2022 and is anticipated to reach USD 953.1 Million in 2032 growing at a CAGR of 6.5%.

By Coating Type, the market is segmented into Neoprene Coated, Silicon Coated, and Uncoated. Among the Coating Type segment, Silicon Coated hold the highest market share in 2022 and is growing at a CAGR of 5.9% in the forecasted period.

By Vehicle Type, the 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.

Regional Analysis

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 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.

Key Findings of the Study

• The Airbag Textiles market is expected to reach USD 1,106.2 million by 2032, at a CAGR of 6.1% during the forecast period.


• The North America region accounted for the fastest-growing global market, the demand for high-quality airbag fabrics is increasing due to the rising concerns about passenger safety.


• By Country, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. 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%.


• HMT (Xiamen) New Technical Materials Co., Ltd., Indorama Ventures Public Company Limited (IVL), Mid-Mountain Materials, Inc. , Joyson Safety Systems , The Asahi Kasei Group, and Autoliv, Inc, and others are key market players in the region.