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 Industry 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 Products in Automobile Industry
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.
Some of the rubber products used in the automobile industry are as
follows: