Consumer & Industrial Goods
CIG industry consists of Power tool, Luggage, Furniture & Railway segments.
Key stakeholders in the power tools market are focusing on product development initiatives to launch innovative products in the market.
Luggage is an indispensable part of travelling and now it is becoming a status symbol too. Moreover the increase in urban population and increase in per-capita income have led to increased demand for products from the luggage industry. Lightweighting and durability are leading trends in this segment.
According to a World Bank study, the organized furniture industry is expected to grow at twice the world GDP growth rate. A large part of this growth is expected to come from the rapidly growing consumer markets of Asia.
Trains are one of the most used mass transportation means and is vital to the world economy, and so is railway technology that can help keep them moving more reliably.
Ester Industries Ltd offers a variety of engineering plastic compounds to various segments of CIG industry as below.
Key Application Segments/sub-segments
- Rotor switch
- Irrigation equipment
- Cable Tie
- Cigarette lighter part
- Fire Extinguisher
- Master batch
- Coil encapsulations
- Electric motor
- Machine parts
Sports & Safety equipment – Industrial safety parts
Key applications snapshot