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.
Global Automotive Airbag Market 2012-2016
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Global Automotive Airbag market to grow at a CAGR of 8.31percent over the period 2012-2016. The rapid growth of the Global Automotive Safety Systems market is one of the key factors contributing to the growth of Global Automotive Airbag market. The Global Automotive Airbag market has also been witnessing the increasing demand for automotive airbags from the BRIC countries. However, functional and operational issues could pose a challenge to the growth of this market.
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The Global Automotive Airbag Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas and the EMEA and APAC regions; it also covers the Global Automotive Airbag market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Global And China Automotive Connector Industry Report, 2014-2015
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As the most potential segment in the connector industry, automotive connectors will trigger the market value of USD12.7 billion (up 5.3% from 2013) in 2014, whilst the global connector market is expected to hit USD50.2 billion (representing a slight increase of 2.6% compared with 2013). The growth of the automotive connector market is attributed to: First, the intensified automotive electronization (especially PEVs and PHEVs) generates more demand for connectors. Second, Chinese and American automotive markets grow strongly, particularly luxury cars and SUVs featured with higher electronization degree and higher requirements on quality grow aggressively.
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Although the Chinese sedan market underperforms, the SUV market has maintained the growth rate of more than 40% and the luxury car market has also performed well. In 2015, the global automotive connector market is expected to grow 3.5% and reach USD13.1 billion; the overall connector market is expected to grow slightly by 2.2%.
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