Automotive Airbag Silicone Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 9.3% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
In 2022, the global automotive airbag silicone market was valued at approximately $1.5 billion, with projections indicating growth to $2.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.4% from 2024 to 2030. Regionally, North America held a dominant position, driven by stringent safety regulations and high vehicle production standards. The United States, in particular, contributed significantly due to its emphasis on advanced safety features and innovation. The Asia Pacific region emerged as the fastest growing market, fueled by rapid industrialization, increasing vehicle production, and rising disposable incomes in countries like China, India, and Japan. In India, for instance, the governments mandate requiring airbags in all new vehicles from July 2019 has spurred demand. Europe also maintained a substantial market share, supported by established automotive industries and stringent safety norms. Opportunities in the market are further bolstered by the growing demand for electric vehicles, prompting automakers to invest in new technologies and safety features, thereby increasing the use of silicone coated airbags.
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Dow
Elkem Silicones
Global Safety Textiles
Mid Mountain Materials
Momentive
Porcher Industries
Shin-Etsu Chemical Co.
Ltd.
Toray Industries Inc
TOYOBO Co. Ltd.
UTT Technische Textilien GmbH & Co kg
Wacker Chemie AG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Airbag Silicone Market
Liquid Silicone Rubber (LSR)
Thermoplastic Silicone (TPSiV)
Silicone Gel
Silicone Foam
Modified Silicone
Steering Wheel Airbags
Side Impact Airbags
Frontal Airbags
Knee Airbags
Curtain Airbags
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
SUVs and Crossovers
Electric Vehicles
OEM (Original Equipment Manufacturer)
Aftermarket
Auto Components Manufacturers
Automobile Assemblers
Automotive Supplier Companies
High Temperature Resistance
Low Temperature Flexibility
Durability and Aging Resistance
Flame Resistance
Adhesion Properties
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Airbag Silicone Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Airbag Silicone Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Airbag Silicone Market, By Type
6. Global Automotive Airbag Silicone Market, By Application
7. Global Automotive Airbag Silicone Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Airbag Silicone Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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