Driving Rubber Innovation Forward

The growth of automotive rubber components market in India is being boosted by several factors. This sector which deals in products like seals, gaskets, hoses, and belts is very essential to the automotive industry. Today, such components are in great demand because of the active development of the automotive industry in India in recent years. The main factor for this growth involves the rising output and sales of automobiles. The automotive market of India has developed considerably, and the companies of India as well as from other countries are investing more in this sector. The increase in the production of vehicles also requires the same increase in the consumption of rubber parts since automobile manufacturers need to provide their clients with quality rubber parts that will allow the vehicles to perform well on the road.

In addition, the drive towards electric vehicles (EVs) is also a factor that is boosting the market. Rubbers used in EVs need to be different than those used in conventional vehicles because EVs have higher temperature conditions and exposure to various chemical solutions. But with the Indian government and the automotive firms establishing themselves towards a greener automotive market in the country, the requirement for these specific parts will increase in the future. Further, the rising automotive aftermarket is a factor that is a helping the market. This aftermarket segment guarantees a stable demand, which creates the base for its growth along with the increase in the production of new vehicles.

In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.

We welcome your feedbacks and suggestion that you may have concerning this special issue.