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Global Thermoplastic Elastomers (TPE) for Airbag Covers Market Growth 2025-2031

Published Aug 04, 2025
Length 117 Pages
SKU # LPI20269478

Description

The global Thermoplastic Elastomers (TPE) for Airbag Covers market size is predicted to grow from US$ 298 million in 2025 to US$ 380 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

The material used for airbag covers is typically a high-strength synthetic fabric, such as nylon or polyester. These fabrics are chosen for their durability, flexibility, and ability to withstand high impact forces. They are also designed to effectively contain the deployed airbag and protect it from damage or exposure to the elements. The airbag cover material must meet strict safety standards to ensure reliable performance in the event of a collision.

Thermoplastic Elastomers (TPE) for airbag covers are specialized materials used in automotive safety systems to ensure proper deployment of airbags while meeting performance and aesthetic requirements.

There is a growing demand for lightweight materials in the automotive industry, including airbag covers. Manufacturers are focusing on developing advanced materials that offer both high strength and lightness. This trend is driven by the need to reduce the overall vehicle weight, improve fuel efficiency, and enhance safety performance.

Traditional materials such as thermoplastics and leather are being replaced with advanced fabrics like nylon, polyester, and coated fabrics. These fabrics offer improved strength, flexibility, and durability. They also provide better resistance to UV radiation, abrasion, and heat. Moreover, these fabrics can be tailored to specific design requirements, resulting in a more aesthetically pleasing and customizable airbag cover.

Technological advancements have led to the integration of sensors into airbag covers. These sensors can detect the presence of occupants, seatbelt use, and impact severity. The integration of sensors improves the overall efficiency and effectiveness of airbag systems, enhancing occupant safety. This trend is driven by the increasing focus on advanced driver-assistance systems (ADAS) and autonomous vehicles.

The automotive industry is shifting towards sustainable and eco-friendly materials, and this trend is extending to airbag covers as well. Manufacturers are exploring the use of recycled materials, bio-based materials, and natural fibers to reduce the environmental impact of airbag covers. These sustainable materials offer comparable performance characteristics while minimizing carbon footprint.

LP Information, Inc. (LPI) ' newest research report, the “Thermoplastic Elastomers (TPE) for Airbag Covers Industry Forecast” looks at past sales and reviews total world Thermoplastic Elastomers (TPE) for Airbag Covers sales in 2024, providing a comprehensive analysis by region and market sector of projected Thermoplastic Elastomers (TPE) for Airbag Covers sales for 2025 through 2031. With Thermoplastic Elastomers (TPE) for Airbag Covers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermoplastic Elastomers (TPE) for Airbag Covers industry.

This Insight Report provides a comprehensive analysis of the global Thermoplastic Elastomers (TPE) for Airbag Covers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermoplastic Elastomers (TPE) for Airbag Covers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermoplastic Elastomers (TPE) for Airbag Covers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermoplastic Elastomers (TPE) for Airbag Covers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermoplastic Elastomers (TPE) for Airbag Covers.

This report presents a comprehensive overview, market shares, and growth opportunities of Thermoplastic Elastomers (TPE) for Airbag Covers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
TPO
TPV
TPEE
Others

Segmentation by Application:
Driver Airbag
Passenger Airbag
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mitsubishi Chemical
Advanced Composites (Mitsui Chemicals)
Kraton Polymers
Kumho Polychem
Dupont
Sumitomo Chemical
Teknor Apex
LG Chem
Baoruilong Polymer Material
Lotte Chemical
DOW Chemical
Trinseo
TSRC
Kuraray
Dawn Polymer

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thermoplastic Elastomers (TPE) for Airbag Covers market?

What factors are driving Thermoplastic Elastomers (TPE) for Airbag Covers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Thermoplastic Elastomers (TPE) for Airbag Covers market opportunities vary by end market size?

How does Thermoplastic Elastomers (TPE) for Airbag Covers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

117 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Thermoplastic Elastomers (TPE) for Airbag Covers by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Thermoplastic Elastomers (TPE) for Airbag Covers by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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