Automotive Products Finder - December 2018
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Increased vehicle interior applications and growing demand for Automated Manual Transmission are giving a boost to the specialty coatings market in India. At the same time, rising sales of premium passenger cars in the country is expected to drive the demand for eco-friendly coatings in near future. "Cover Story" tracks the performance of the automotive paints and coatings industry as it focuses on eco-friendly coatings as well as on the innovative paint processes. With car makers using lighter materials such as composites, aluminium etc. (which are unsuitable for welding), the demand for custom-made adhesives (which must be used that can absorb the shock or crash) is growing. "Special Feature" focuses on automotive adhesives industry and its demand dynamics which are steered by factors such as increased use of plastics and lightweight materials in automotive applications and increasing use of water based adhesives. Also read, "Market Trends", which analyses Indian used car market, which is expected to touch 7 million units a year with a market size of $ 30 billion by 2020.
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