| Product Code: ETC4574485 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s automotive airbag silicone import shipments in 2024 continued to see significant growth, with top exporting countries including China, Germany, USA, Thailand, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 16.91%, while the growth rate from 2023 to 2024 was recorded at 14.49%, showcasing a strong upward trend in the import of automotive airbag silicone in India.
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The India automotive airbag silicone market has witnessed significant growth in recent years. Airbags are an integral part of vehicle safety systems, and the demand for airbag silicone materials has been driven by the increasing awareness of safety among consumers. The automotive industry in India is growing, and with it, the market for airbag silicone materials is expanding. These materials are essential for manufacturing reliable and efficient airbags, which are increasingly being incorporated into vehicles as a standard safety feature. The market is expected to continue its growth trajectory as safety regulations become more stringent, and automotive manufacturers prioritize safety features.
The India Automotive Airbag Silicone market is being driven by the growing awareness of vehicle safety and stringent safety regulations. Airbags are a fundamental component of modern vehicle safety systems, and silicone materials play a crucial role in their manufacturing. As consumer awareness of safety increases, there is a greater demand for advanced airbag systems that use high-performance silicone materials. Additionally, government mandates and safety ratings are pushing automakers to invest in the development of safer vehicles, thus bolstering the demand for airbag silicone in the market.
Challenges in the India automotive airbag silicone market involve meeting stringent safety and quality standards. Developing silicone materials that can provide optimal protection while minimizing any potential health risks is essential. Environmental considerations, such as recyclability and disposal of airbag materials, pose additional challenges for the industry.
The India Automotive Airbag Silicone Market faced challenges as vehicle production and sales declined during the pandemic. However, airbags remain a crucial safety feature, and the focus on vehicle safety is expected to support the market`s recovery and growth.
Major suppliers in the India automotive airbag silicone market include Dow Inc., Shin-Etsu Chemical, Momentive Performance Materials, and Wacker Chemie AG.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Airbag Silicone Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Airbag Silicone Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Airbag Silicone Market - Industry Life Cycle |
3.4 India Automotive Airbag Silicone Market - Porter's Five Forces |
3.5 India Automotive Airbag Silicone Market Revenues & Volume Share, By Airbag Position, 2021 & 2031F |
3.6 India Automotive Airbag Silicone Market Revenues & Volume Share, By Airbag Type, 2021 & 2031F |
3.7 India Automotive Airbag Silicone Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 India Automotive Airbag Silicone Market Revenues & Volume Share, By Electric Vehicle, 2021 & 2031F |
4 India Automotive Airbag Silicone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on vehicle safety regulations in India |
4.2.2 Growth in the automotive industry and increasing production of vehicles |
4.2.3 Rising consumer awareness about safety features in vehicles |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing airbags in vehicles |
4.3.2 Limited adoption of advanced safety features in entry-level vehicles |
5 India Automotive Airbag Silicone Market Trends |
6 India Automotive Airbag Silicone Market, By Types |
6.1 India Automotive Airbag Silicone Market, By Airbag Position |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Airbag Silicone Market Revenues & Volume, By Airbag Position, 2021-2031F |
6.1.3 India Automotive Airbag Silicone Market Revenues & Volume, By Front, 2021-2031F |
6.1.4 India Automotive Airbag Silicone Market Revenues & Volume, By Knee, 2021-2031F |
6.1.5 India Automotive Airbag Silicone Market Revenues & Volume, By Curtain/Side, 2021-2031F |
6.2 India Automotive Airbag Silicone Market, By Airbag Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Airbag Silicone Market Revenues & Volume, By Cut-And-Sewn Seam-Sealed (CSSS), 2021-2031F |
6.2.3 India Automotive Airbag Silicone Market Revenues & Volume, By One-Piece-Woven (OPW), 2021-2031F |
6.3 India Automotive Airbag Silicone Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Airbag Silicone Market Revenues & Volume, By Passenger cars, 2021-2031F |
6.3.3 India Automotive Airbag Silicone Market Revenues & Volume, By LCVs, 2021-2031F |
6.3.4 India Automotive Airbag Silicone Market Revenues & Volume, By HCVs, 2021-2031F |
6.4 India Automotive Airbag Silicone Market, By Electric Vehicle |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Airbag Silicone Market Revenues & Volume, By BEVs, 2021-2031F |
6.4.3 India Automotive Airbag Silicone Market Revenues & Volume, By PHEVs/FCEVs, 2021-2031F |
7 India Automotive Airbag Silicone Market Import-Export Trade Statistics |
7.1 India Automotive Airbag Silicone Market Export to Major Countries |
7.2 India Automotive Airbag Silicone Market Imports from Major Countries |
8 India Automotive Airbag Silicone Market Key Performance Indicators |
8.1 Average selling price of automotive airbag silicone |
8.2 Number of vehicles equipped with airbags in India |
8.3 Percentage of vehicles meeting safety regulations in India |
9 India Automotive Airbag Silicone Market - Opportunity Assessment |
9.1 India Automotive Airbag Silicone Market Opportunity Assessment, By Airbag Position, 2021 & 2031F |
9.2 India Automotive Airbag Silicone Market Opportunity Assessment, By Airbag Type, 2021 & 2031F |
9.3 India Automotive Airbag Silicone Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 India Automotive Airbag Silicone Market Opportunity Assessment, By Electric Vehicle, 2021 & 2031F |
10 India Automotive Airbag Silicone Market - Competitive Landscape |
10.1 India Automotive Airbag Silicone Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Airbag Silicone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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