Examines such issues as the use of recycled materials, the manufacture of products which can make vehicles safer, and the demand to produce lighter weight goods to improve fuel efficiency
Provides authoritative forecasts to 2008
Presents the information and data clearly - to save you time
Market Growth Opportunities and Forecasts
Rising penetration of the market by airbags
Increased consumption of carpets and upholstery fabrics per car
Stagnation in car production
Price pressure across all segments
Demand for greater fuel efficiency
Trends by Fibre Type
Acordis Industrial Fibers
Honeywell Performance Fibres
List of tables
Table 1: Size of the West European market for technical textiles in five automotive applications: airbags, seat belts, carpets, seat upholstery and tyres, 2001
Table 2: Trends in the West European market for technical textiles in automotive applications, 1998-2008
Table 3: Trends in the West European market for technical textiles in automotive applications by fibre type, 1998-2008
List of figures
Figure 1: Trends in the market for technical textiles for automotive applications, 1998-2008
Figure 2: Shares of the market for technical textiles for automotive applications by fibre type, 1998-2008
Although most market segments are mature, sales have been moving forward slowly in recent years—boosted by the rapid development of the airbag market.
Between 1998 and 2001 shipments grew by about 2% a year in volume to 252,800 tons.
Looking ahead, growth between 2001 and 2008 is expected to accelerate to 2.6% a year. Revenues, however, are set to grow by only 1.6% a year as textile suppliers are put under pressure from OEMs (original equipment manufacturers)—the vehicle manufacturers—to reduce prices.
Such pressures are intensifying as OEMs cut costs and gain purchasing power through consolidation. Textile makers are also under pressure to use fibres which have been obtained from recycled materials, to produce textiles which are themselves easier to recycle, and to supply products which can make vehicles safer. In addition, they are under pressure to supply lighter weight products in order to aid fuel efficiency.
Technical textile producers and fibre manufacturers have been forced to cut prices and operate at reduced margins in order to remain competitive. Also, they have divested, cut jobs, merged, formed joint ventures or acquired other companies in order to focus on key business areas. In addition, to meet vehicle manufacturers’ demands, textile suppliers will need to invest in research and development.