Home / News / Automobile Textiles

Automobile Textiles

Pic: Shutterstock/ Sony Ho
India’s airbag market to rise to ₹6K-7K cr by FY2027: ICRA

27th Dec 2022

India’s airbag industry is projected to grow to ₹6,000-7,000 crore by fiscal (FY) 2027, from the current levels of ₹2,400-2,500 crore, at a 4-year compound annual growth rate (CAGR) of 25-30 per cent, as per ICRA. The airbag industry is one of the fastest growing auto component segments and is expected to benefit from the increase in content per...

Pic: Autoneum
Switzerland’s Autoneum names Eelco Spoelder as new CEO

14th Dec 2022

Switzerland’s Autoneum has announced Eelco Spoelder-who has over 25 years of experience in the automotive supply industry-as its new CEO. Matthias Holzammer is handing over the operational management of Autoneum due to personal reasons as of March 27, 2023. Autoneum is one of the leading manufacturers of vehicle acoustic and thermal insulation for...

Pic: Autoneum
Swiss firm Autoneum creates fully recyclable automotive carpet system

29th Nov 2022

Switzerland-based leading acoustic and thermal management supplier for vehicles Autoneum has created a fully recyclable carpet system that is made of 100-per cent polyester. The carpet system is made with high content of recycled polyethylene terephthalate (PET), latex-free manufacturing process, and less energy-intensive production process.

Pic: Lear Corporation
US' Lear Corporation’s sales grew 23% in Q3 FY22

7th Nov 2022

US' Lear Corporation, a global automotive technology leader in seating and e-systems, has recorded a 23 per cent growth in its sales of third quarter (Q2) of fiscal 2022 (FY22). Excluding the impact of foreign exchange, commodities, and acquisitions, Lear’s sales were up 26 per cent, reflecting the addition of new business in business segments.

Pic: PR Newswire
US’ Ascend unveils new materials for safer & quieter EVs

17th Oct 2022

Ascend Performance Materials has unveiled two materials for electric vehicles that improve safety and passenger comfort. The company’s Starflam X-Protect and Vydyne AVS tackle two unique challenges automakers face when developing their EV platforms. Ascend, which is headquartered in the US, is the world’s largest fully integrated producer of nylon 66...

Pic: Toyobo
Thailand’s Toyobo & Indorama open factory to make automobile airbags

13th Oct 2022

Thailand’s Toyobo Indorama Advanced Fibers (TIAF), a joint venture established in November 2020 with Indorama Polyester Industries PCL (IPI), has completed construction of a factory to manufacture high-performance nylon yarn for automobile airbags. Bangkok-based IPI is under the umbrella of Indorama Ventures Public, a global sustainable chemical...

Pic: Cobra Advanced Composites
Thailand’s CAC introduces flax fibre components for automotive OEMs

11th Oct 2022

Thailand-based Cobra Advanced Composites, the automotive business of composite products manufacturer Cobra International, has launched a range of production-ready, flax fibre-based, visual finish components for OEMs of automobiles. The new natural fibre composite solutions offer a sustainable option compared to traditional carbon look visual components.

Pic: Business Wire
Korea’s Hyosung develops nylon as core material for hydrogen energy

3rd Oct 2022

Hyosung TNC has succeeded in developing and using nylon for the liner material of hydrogen vehicle fuel tanks with its own technology, the first of its kind for a Korean company. Hyosung TNC's nylon material is superior to conventional metal and high-density polyethylene (HDPE) liner materials in terms of lightweight, gas barrier, and impact resistance.

Pic: Kolon Industries
South Korea’s Kolon boosts tyre cord fabric plant capacity in Vietnam

30th Sep 2022

Kolon Industries Inc has increased the production capacity of its polyester tyre cord fabric plant in Vietnam by 14 per cent to 19,200 tons of tyre cord fabrics compared with 2018. In 2022, the company’s global sales are anticipated to cross 10 million units. Kolon is presently able to generate 103,200 tons of tyre cord fabric on an annual basis.

Follow us