IndiaPlast provides best platform for Automobile Plastic Industry

IndiaPlast provides best platform for Automobile Plastic Industry


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Automotive plastics industry is one of those sectors whose growth is exclusively dependent on automotive sector and this sector has attracted all the global auto makers…




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Automotive plastics industry is one of those sectors whose growth is exclusively dependent on automotive sector and this sector has attracted all the global auto makers, which has resulted into intense competition. The automotive manufacturers are inclining towards minimizing manufacturing cost, where they are opting for plastics over steel due to its cost-effectiveness. Moreover, India is one of the major producers of automotive plastics, hence during last half a decade, demand for automotive plastics have reported an exponential growth. The properties of plastics such as easy mouldability, recyclability, scratch resistance, high volume to weight resistance, thermal stability, impact strength, and resistance to abrasion makes them suitable for use in automobiles and as it has many benefits over traditional steal based components, the plastics in automotive sector are being accepted at large scale in India.
According to India Automotive Plastics Market Forecast & Opportunities, 2017, the Indian automotive plastics market revenues have grown at the CAGR of around 25% during 2009-12, which is higher when compared with global growth rate. The consumption of polypropylene (PP) and polyurethane (PUR) are forecasted to get doubled in terms of revenues in automotive plastics sector in India during the next five years. Western region of India is the highest revenue generator to the Indian automotive plastics market due to existence of automobile manufacturing hub in states, particularly Maharashtra and Gujarat. The leading automotive plastics manufacturers in India are BASF, Bayer Crop Sciences, SRF and Dow Chemicals. Rising focus of automobile companies towards reduction of vehicle’s mass and emission of carbon are driving the Indian automotive plastics market. Decorative plastic component maker – Polyplastics Industries (I) Pvt. Ltd. is building two more plants in India to supply parts to supply the front grille to new products for the Indian market.
Because of the business friendly Govt Policy, Gujarat is marching ahead to become automobile industry hub in India. This will fuel to the growth of Automobile Plastic Industry of Gujarat too. INDIA PLAST 2015 which is going be to held in Gujarat, INDIA in January 2015 will provide the industry an international platform to showcase technology and innovation in products. Many players from automobile plastic industry are going to exhibit their product and technology. INDIA PLAST 2015, being one of the largest international platforms for all plastic industry and automobile plastic industry, is expecting major visitors from automobile industry from across the world. The event is planned from January 29, 2015 to February 3, 2015.
Exhibitors from all segments like Raw Materials, Polymers & Resins, Compounds & Masterbatches, Rubber Products & Machinery, Quality Control & Testing Equipment, Finished Products, Moulds & Dies, Trade Promotion Association, Filters & Reinforcements, Recycling of Plastic, Plastic Packaging, Ancillary Equipments & Machinery, Surface Enhancement & Decoration Machinery, Technical Publisher and Plastic Composites etc.INDIA PLAST 2015 comprises of 6 day event which provide tremendous opportunities to all exhibitors as well as visitors to take business horizon far ahead.
For more details regarding upcoming Plastic Exhibition, Conference and Trade Fair & Show, Visit Official Website at http://www.indiaplast.net/
 

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Gandhinagar

Business Information

Business Address

4th floor, chinubhai house, 7-b,
amrutbaug society,opp. hindu colony,
nr. sardar patel stadium, navrangpura, Ahmedabad - 380 014 Gujarat | India

Contact Person

IndiaPlast

Contact Number

917926469725


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