RUBBER IN THE AUTOMOTIVE INDUSTRY
The automotive and automobile industry is a fast-advancing on a worldwide basis. The growth of this industry is involved with the growth of automobile accessories industry and automotive parts industry. The emergence of automobiles has a profound effect on our daily lives, from cars to bikes to airplane. This industry is considered to be highly capital and labor intensive. This automobile industry includes vehicle and parts manufacturers, dealers and after market services in the automotive sector. The growth of the Indian economy has resulted in many foreign car manufacturers entering the Indian market. Some interesting facts about the Indian Auto market are as follows:
It is the second largest two wheeler market in the world.
India is the largest three wheeler market in the world.
It has the fourth largest passenger vehicle market in Asia.
Fourth largest Tractor Market in the World.
Fifth largest Commercial Vehicle Market in the World.
Rubber and rubber products are used in variety of purposes in the automobile industry. In the automotive industry, the presence of rubber is seen in fluid transfer systems, body sealing systems, transmission systems, automotive antivibration, sealants, adhesives & coatings, O-Rings, molded parts, flat seals, foam and converting products, body parts, spare parts etc.
The automobile industry is directly related to rubber industry. The growth of the industry and importance of rubber goes hand-in-hand. It is a known fact that 75% of rubber produced in the world is used in the production of tires. The automotive industry dominates the rubber industry, both directly and indirectly. When we talk about direct intervention, we mean the original equipment tires and many other elastomeric items fitted to the car during manufacture, and indirectly, it is in terms of replacement items like tyres, wiper blades and to an ever-decreasing extent other items. The tires, engine mounts and wiper blades are usually made from natural rubber. Many of the other items used in the automotive industry are made from synthetic rubber, although more natural rubber could be used (in combinations) in extruded weather seals. Some items used in the engine compartment are manufactured from high value synthetic rubbers like for instance, hose for air-conditioning, engine seals, etc.
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