India Automotive Silicone Market Outlook

india is one of the fastest growing automotive markets in the world. the indian automotive sector is expected to sustain its growth trajectory over the forecast period. with this growth, the demand for advanced automotive components is also projected to grow. silicone plays an important role in the automotive industry. it provides varied benefits like sound insulation, vibration reduction and sealing in the vehicles. due to the thermal properties, it is used in the manufacturing of automotive parts such as weather-strip seals and airbags. the increasing demand for lightweight and efficient vehicles is driving the demand for silicone in the automotive industry. the manufacturer's are focusing on producing vehicles that offer fuel efficiency and better performance. this in turn would increase the demand for automotive silicone. furthermore, the government’s safety measures for automotive vehicles are also likely to boost the demand for silicone. the government has mandated that all vehicles sold in india must exhibit certain safety features. hence, silicone is used to manufacture airbags, emergency braking systems, seatbelt pre-tensioners etc. this in turn is expected to increase the demand for automotive silicone in india. moreover, the growing disposable income of the people and urbanization are also bringing an increase in sales of vehicles in india. this in turn, is anticipated to create positive outlook for the indian automotive silicone market. to conclude, the indian automotive silicone market outlook for the period 2018 to 2032 is projected to be good. the increasing demand for automotive vehicles in india coupled with the safety regulations are anticipated to increase the demand for automotive silicone in india. this in turn, is expected to drive the growth of the indian automotive silicone market.