BKT to build first U.S. plant

LAS VEGAS–Minoo Mehta has been attending the Specialty Equipment Market Association Show for more than 30 years. This year’s event, however, felt quite a bit different for the president of BKT USA Inc., the U.S. subsidiary of Mumbai, India-based Balkrishna Industries Ltd. (BKT). Not only was Arvind Poddar, managing partner of BKT, inducted into the […]

Automotive silicone market forecast to grow through 2023

PUNE, India–The automotive silicone market is projected to grow to $3.33 billion by 2023 at a compound annual growth rate of 7.1 percent, according to new market research by MarketsandMarkets. “Automotive Silicone Market by Type (Elastomers, Gels, Resins, Fluids), Application (Interior & Exterior, Engines, Electrical), and Region (APAC, Europe, North America, South America, Middle East […]