As per reports, advanced materials are predicted to reach a US$10 billion market in India by 2028. How is Honeywell Advanced Materials aiming to meet this growing demand?
The demand for advanced materials in India is driven by numerous end-use industries such as automotive, transportation, aerospace and defence, energy, medical, construction, etc., due to their better performance, efficiency, lower weight, sustainability, and cost-effectiveness. Nearly 60% of our R&D expenditures are directed towards developing products that help end-users reduce their environmental footprint. As India is poised to transition to a circular economy, we have observed great demand for Ultra-low Global Warming Potential (ULGWP) technologies. Our Solstice® range of refrigerants is based on Hydrofluoro olefin (HFO) chemistry and has an Ultra-low Global Warming Potential.
Diese Geschichte stammt aus der Efficient Manufacturing - May 2023 Issue-Ausgabe von EM - Efficient Manufacturing.
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Diese Geschichte stammt aus der Efficient Manufacturing - May 2023 Issue-Ausgabe von EM - Efficient Manufacturing.
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