Eco fuel is a profound distilled Bio Diesel conforming to BIS 15607:2016. It is a B100 grade product made from Used Cooking Oils & Animal tallow. It can be used as a drop in fuel in stationary diesel engines and as a blended fuel in the transport sector.
recently, Mahanagar Gas Limited (MGL) in association with Eco Fuel (Indian Partners of Lovato, Italy) have launched CNG fuelled two-wheelers in the country, in order to offer a more economical fuel option with lesser emissions.
And, CNG kit for two wheelers have been much talked about and are now finally a reality.
The automotive industry has shown a slight downfall, owing to slow growth in China and Europe and stringent emission regulations.
This has led to a reduction in amount of automobiles production globally, resulting in mediocre growth of the performance coatings market.
With regard to revenue, the global performance coatings market is projected to expand at a CAGR of ~5% during the forecast period.
This notable growth in the performance coatings market is mainly influenced by its extensive consumption in automobile & aerospace coatings.
Furthermore, key manufacturers are increasing their business footprint rapidly, which create profitable opportunities for the market.As per the Fact.MR study, manufacturers involved in the performance coatings market are rigorously investing in research & development activities to introduce innovative and cost-efficient solutions in the market.
Manufacturers are also expanding their business via organic growth strategy by collaborating with giant industry players and raw material suppliers.
In the current century, people are really concerned about nature.
Thus they are looking for eco-friendly things in every aspect of their life.
In fact, they look for eco-friendly art project too while they buy any beautiful project work.
Thus most of the people like to buy such things which are not coated with traditional paints.
Keeping this in mind, lots of companies have started making eco-friendly paintings for sale for the use of artists.Clear PaintsThe name suggests that the paints are actually free from harmful materials.
They are always in search of the best materials which can make their paints durable as well as free from petroleum materials.
