Industrial Products Finder - February 2019
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Hydraulics and pneumatics find numerous numerous industrial applications in machine tools, injection moulders, forklifts, excavators, hauler trucks etc. The pneumatics and hydraulics market is on a steady development and activities in the infrastructure sector, farm equipment and industrial equipment can be cited as major reasons. The "Hydraulics & Pneumatics" section in IPF Feb 2019 explained how adoption of electronic and proportional controls in the equipment and machineries is having an impact on the industry. India's economic growth is attracting many MNCs to set up their production bases in the country to take advantage of its cost-competitiveness. At the same time, companies - Indian as well as global - are opting for modern technologies in their production unit and warehouses. In line with this trend, use of automation and robotics is also growing rapidly in material handling equipment industry. The "Second Focus Section" tracked the evolving market of Material Handling Equipment (MHE) and its growth drivers. Lubricants are used to reduce friction between the surfaces. Good lubricants possess the various characteristics like high boiling point, low freezing point, high resistance to oxidation, corrosion prevention, high viscosity index, thermal stability, hydraulic stability, and demulsibility. In its "Third Focus Section", IPF elaborated on effect of rise in auto sales, rapid industrialisation and shifting of the production hubs to India on the consumption of lubricants in India.
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