Albany, NY (PRWEB) January 28, 2015
According to the publication, the global airbag fabric industry is massively affected by developments in technology, changes in certification, and changes in the functioning of its supply chain.
New companies hoping to make an entry into the global airbag fabric industry often experience more difficulties than older and stronger market players.
The U.S., Europe, and Japan are the three countries that house the largest manufacturers of airbag fabric. The top players from these countries dominate the market, often inducing monopoly over terms.
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INVISTA from the U.S., Toray from Japan, and PHP from Germany dominate the segment for airbag fabric yarn in terms of production and revenue.
The China automobile market is experiencing a sharp boost in revenue and sales, with several European carmakers even catering to the Chinese market by coming up with special China-edition variations of their models. The increasing number of cars on the road has consequently created a higher demand from the global airbag fabric industry.
The domestic demand for airbag fabric in China was 28.94 million meters in 2013. The increasing number and stricter regulations enforced by China’s government will create an even larger demand for airbag fabric. Government regulations, complemented by increasing sales of automobiles and slowly increasing installation rates of airbags is expected to create a demand of 43.86 million meters in 2018.
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HMT (Xiamen) is one of the largest companies in the China airbag fabric market. The company achieved mass-production scales quite early on, in comparison to other top players. It is currently one of the largest suppliers of airbag fabric and airbags in China. HMT’s top customers in 2014 included Autoliv, Jinzhou Jinheng Automotive Safety System Co. Ltd., Yanfeng Key Automotive Safety Systems Co. Ltd., and BYD Co. Ltd.
Some of the other major players in the China airbag fabric industry in 2014 are: Toyobo Automotive Textiles (Changshu) Co. Ltd., Kolon Special Textiles Co. Ltd. (Nanjing), Jiangyin DUAL Automotive Textile Co. Ltd., HMT New Technical Materials Co. Ltd (Xiamen), N.I. Teijin Airbag Fabric (Nantong) Co. Ltd., Shanghai Porcher Industries, Ltd., and Marui Weaving (Nantong) Co. Ltd.
The publication includes an overview of the global airbag fabric industry, and discusses definitions, compositions, recent and historical developments, and industry-related policies.
The China airbag fabric industry is divided into two major categories according to the automobile: commercial vehicle and passenger vehicle. The publication discusses major points in the industry based on these two categories.
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The major global and Chinese manufacturers in the airbag fabric market that are described in the report include Toray, Marui Weaving, Teijin Frontier, DUAL, Porcher Industries, Toyobo, and HMT. In terms of market players, the publication incorporates details such as company profile, overall business performance, base of production, and major customers.
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