What is Automotive Seat Belt Fabric?
Automobile are a growing industry as all other industries are directly or indirectly dependent on it. They are an essential element of global supply chain and transportation. But due to rising number of road accidents, governments and automotive companies are pushed to innovate in passenger safety. Automotive Seat Belts are one of those essential safety mechanisms in automobiles. The fabrics needed to manufacture automotive seat belts are very critical as the quality of fabrics determine the safety of passengers. With the growing safety regulations and rising automotive industry, automotive seat belt fabric market is certainly expected to benefit in coming years.
The market study is broken down and major geographies with country level break-up.
The market of Automotive Seat Belt Fabrics is competitive one, with key players dominating the market being from Japan. Increased regulations against Driver and Passenger safety is driving the automotive seat belt fabric industry. China and India are one of the fastest growing automotive markets in world, with the emergence of new Electric vehicle segment and rising incomes, thus Automotive Seat Belt Manufacturers must especially keep a close eye on the Asia pacific and the two Asian giants China and India.
Toyoda Gosei Co Ltd (Japan), Takata Corporation (Japan), Continental AG (Germany), Teijin Limited (Japan), DowDupont Inc. (United States), Tokai Rika CO. Ltd. (Japan), Farbchemie Braun GmbH & Co. KG (Germany), Kora Textiles (Poland), Akra Polyester S.A de C.V (Mexico), Toray Indsutries Inc. (Japan), Zhejiang Guxiandao Polyester Dope Dyed Yarn Co. Ltd. (China), Faze Three Ltd. (India) and Adient Fabrics (France) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Automotive Seat Belt Fabric market by Type, Application and Region.
On the basis of geography, the market of Automotive Seat Belt Fabric has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Materials , the sub-segment i.e. Nylon will boost the Automotive Seat Belt Fabric market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel , the sub-segment i.e. B2B will boost the Automotive Seat Belt Fabric market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicles , the sub-segment i.e. Passenger Vehicles will boost the Automotive Seat Belt Fabric market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Chemicals Used , the sub-segment i.e. Dyes will boost the Automotive Seat Belt Fabric market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2019, Renault, French Automaker Giant, developed a new special type of automotive fabric made out of recycled materials with the collaboration of Les Filatures du Parc and Adient Fabrics, the two France based companies specialise in carded yarn and automotive seats respectively. The recycled materials included Seat Belts, textile scraps and plastic bottles. Renault aims to lower its carbon footprint and innovate automotive manufacturing in a more sustainable way.
- Polyester Material Automotive Seat Belts are Highly Preferred in the Industry Currently Because of its Better Safety Performance Compared to Nylon
- Rise in Awareness Regarding Safety Regulations for the Passengers owing to Increased Road Accidents
- Surge in Automotive Industry
- Asia Pacific, Especially China and India are Great Prospectus Because of Rising Sale of Automobiles
- Innovation is required to improve the Seat Belt Qualities as Not Much has changed in Last 10-15 Years in Seat Belt Fabric Technology
- High Import Duties and Taxes on Automotive in Various Countries, Affects the Sale of Automotive and Eventually Affects Market of Automotive Seat Belt Fabric
- Manufacturing and Design Defects which May be Fatal During an Accident
- Use of Simple or Cheap Designs and Materials Also Risks the Failure of Seat Belts
Key Target AudienceAutomotive Seat Belt Fabric Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory Bodies and End-Use Industries
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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