settembre 2023 - Business NewsWire

India Aerosol Market Driven by Surging Need for Aerosols in Numerous Industries

The major drivers for the India aerosol market to $891.13 million by 2030 will be the skyrocketing investments in the research and development in the production units, extensive government support, and the surging need for aerosols in numerous industries including manufacturing and automotive industries. The outbreak of COVID-19 ruptured the entire logistical network of this market because of the temporarily shutting down of production units as lockdown was imposed in India. Furthermore, the lowering trading activities exerted a halt on the sales of these materials.

Within the application segment, the personal care category holds the biggest India aerosol market share, and it will show this trend in the coming years as well. This can be ascribed to the snowballing demand for body care products (sun protection products, self-tanning & skin-whitening lotions, and hydrating creams), personal care products (cream foundation, gel toothpaste, foams & gels, and deodorants & antiperspirants), and hair care products (shampoos, hair shines, hair mousses, and hairsprays & styling sprays). Furthermore, the surging inclination toward personal hygiene care is laying the firm foundations for the category’s growth.

Moreover, antiperspirants/deodorants rule the personal care category in the India aerosol market because of the growing awareness of body odor problems and personal hygiene. The spray paints category will potentially grow in the coming years because of the economic viability and versatility of spray paints. There is a rising inclination for this category in comparison to the plastic, wooden, and metallic applications. There is a rising utilization to re-spray or restore aviation and automotive components. Additionally, there is a surging application of spray paints to fill the scratches in industrial machinery.

Similarly, the India aerosol market was ruled by air freshener products in the past few years within the residential product type. This can be primarily attributed to the skyrocketing demand for the refreshing ambiance in cars and homes that is free of undesirable odors. Apart from creating a refreshing environment, it also enlightens the mood of people. The absence of volatile organic compounds and the increasing inclination toward air hygiene will augment growth in the market.

When segmented on the distribution channel, the India aerosol market is categorized into hypermarkets/supermarkets, convenience/department stores, and others. Sales via hypermarkets/supermarkets are predicted to advance at the swiftest CAGR in the coming years. This is because of the fast modernization in the retail sector, which in turn, will increase the count of the number of supermarkets and hypermarkets, particularly in metropolitan cities. All of this will propel growth in the market.

Green Evolution: Biocomposites Market Trends and Sustainable Materials Revolution

The biocomposites market will grow at a rate of 17.2% in the future to touch USD 103.6 billion by 2030.The increasing awareness of public toward materials and the initiatives of the governments to replace plastics with these alternatives are powering the industry.

Moreover, the growing requirement of the automotive sector to improve safety of the passengers and lighten the automobiles will drive the requirement of materials.The automotive sector had a share of about 20%, regarding value, in the past. It is witnessing an increasing requirement for lightweight materials, for developing fuel-efficient automobiles that meet the standards of the government.

Europe had a share of above 30%, with regards to value, in 2022. The growth of the industry is powered by the growing requirement for these products from construction and automotive sectors.On the basis of application, wood fibers, wood flour, bast fibers, for example, flax, jute, hemp, and kenaf; cork, bamboo, and fibers of sunflower seed shells are put to use for producing the composites.

These are used in tech applications and furniture to consumer goods, which are produced mostly with the help of 3D printing, injection-molding, and roto molding.

North America biocomposites market had a share of approximately 20% in 2022. This is because of the fact that the automotive industry is widely accepting bio-fiber composites because of their lower weight, recycling ease, neutrality to carbon dioxide while they burn, and lower energy consumption, while they are manufactured.
Other than that, the automotive industry is enhancing its use of high-performance materials for coping with the sustainability targets.

The region also has a sophisticated aerospace industry, which has manufacturing amenities for all aircraft, for example civil aircraft, rotorcraft, and spacecraft.
North America exports commercial aircraft to, MEA, APAC and Europe. Additionally, lightweight materials have come out to be a key theme of research in the aerospace sector recently, for achieving fuel savings.

APAC dominated the industry in the past, with around 40% share, by value, because of the fast industrialization. Basically, the regional growth is fueled by the growing demand for these materials from the consumer and automotive goods industries.
Moreover, the increasing need for non-toxic, biodegradable, and moisture, along with thermally resistant materials in the building and construction sector will boost the growth of the industry in the region.

3D Printing Materials Market To Reach USD 16,230.8 Million by 2030

The 3D printing materials market was USD 2,578.8 million in 2022, and it will reach USD 16,230.8 million by 2030, advancing at a rate of 25.9% in the years to come.
Plastics holds the largest share in terms of volume, over 30%. This is because of the low prices, easy availability of plastics and their use in numerous designs.

Additionally, plastic materials offer high adaptability, extreme temperatures, resistance to abrasion, shock, physical distortion, and chemicals; excellent flexibility, sturdiness, and high elasticity, which further increases their consumption.

The filament form dominated the industry in the recent past. This has a lot to do with the use of filaments in toys, numerous household objects, educational models, and cars. Some of the frequently used filaments are PP, nylon, TPU, PLA, ABS, and PVA.

Because of the high strength, low cost, and wide variety of applications, the requirement for 3D printing filaments will keep on increasing in the years to come.
Furthermore, the powder category will grow at the highest rate. This is because of the fact that powder is put to use for creating large, dense parts in the military, aerospace, and oil and gas sectors.

Moreover, the powder form can withstand high temperatures; hence, it is given preference over others, particularly in the oil and gas and aerospace sectors.
Manufacturing companies are exploring prospects to integrate additive manufacturing into their conventional processes, for yielding better and fast results, which will fuel the growth of the industry. Currently, majority of the companies are making use of it for prototyping, the most-accepted usage of 3D printing.

Though, the medical and dental and aerospace and defense sectors are already making use of it as a full-scale production procedure, rather than just prototyping.
North America dominated the 3D printing materials market, around 45%, in the recent past. This has lot to do with the growth and wide acceptance of the use of this technology in product manufacturing and mass customization . The governments of numerous countries are encouraging the usage of 3D printing.

Furthermore, Europe followed North America in the recent past, with about 35%. The progress of the industry in this region is powered by the existence of notable aircraft manufacturing companies, for example EuroJet Turbo GmbH, Airbus SE, ArianeGroup, and European Satellite Navigation sectors. As 3D printing materials offer users a simple supply chain, lessen risk, and are lightweight, their acceptance has increased in the aerospace sector.

Versatile Transformations: Plastisols Market Trends and Diverse Applications

Plastisol has gained significant attention for its versatility, durability, and wide range of applications. Plastisol is a type of colloidal dispersion consisting of small polymer particles, typically polyvinyl chloride, suspended in a liquid plasticizer. Upon heating to approximately 180 °C, the plastic particles undergo a process of plasticizer absorption, leading to their swelling and subsequent fusion. This fusion results in the formation of a viscous gel.

Uses of Plastisol

Coatings

Plastisol is commonly in various coating applications as they offer excellent insulation, outstanding chemical resistance, and corrosion resistance to the product.

Plastisol coating can be applied through numerous methods for instance cold dip coating and hot dip coating. Plastisol is mostly used to coat products and equipment such as levers, tools, handles, exercise equipment, and more.

Textile Screen Printing

Plastisol serves as an ink designed for screen printing on textiles. It is widely employed as the primary choice for printing designs on garments, particularly when aiming for opaque graphics on dark fabrics.

Plastisol inks do not dissolve in water. They consist of polyvinyl chloride (PVC) particles suspended in a plasticizing emulsion. If left on the screen for extended periods, the ink will not dry. However, it is not necessary to wash the garments after printing. Plastisol inks are highly recommended for printing on colored fabric. When used on lighter fabric, plastisol exhibits remarkable opacity and, with proper care, can maintain a vibrant image for many years.

Moreover, due to the high utilization rate of screen-printing inks across Asian countries, the sales of plastic inks will increase in the years to come.

Moldings

Plastisol is used in slush molding, a technique between resin casting and injection molding.

Metal molds offer the benefit of producing a limitless number of castings. Metal molds are not affected by heat, making them highly durable. Furthermore, metal molds enable for grouping several parts within a single mold cavity and multiple mold cavities within a mold, enabling faster production.

Adhesives and Sealants

Plastisol is a type of liquid dispersion consisting of finely divided thermoplastic resin, typically polyvinyl chloride or acrylic resin, blended with a plasticizer. These mixtures have a high viscosity and, upon heating, become homogenized so that a single solid phase results. Upon cooling, the plastisol transforms into a durable material with favorable physical properties.

Innovations Happening in Anode Materials in Automotive Lithium-Ion Batteries

There is absolutely no doubt in the fact that we are living in a world that is ruled by electric vehicles. Electric vehicles are ruled by batteries, and especially lithium-ion batteries. These batteries have got four major parts, and anode is one of them. We will read a bit about anode material in the lithium-ion batteries in this blog.

It is because of the alarms of increasing pollution and climate change, researchers all over the world are trying to improve the EVs for making make them a more striking alternative to conventional vehicle. Much of the work is being done for making the batteries of the EVs better.

Apart from the sturdiness, safety, and autonomy, fast charging is also the need of the hour. Right now, approximately 40 minutes are taken by EVs to recharge though conventional cars can be refueled in a jiffy. There is a need to bring down the charging time considerably.

Talking of the way of reducing the time taken to charge lithium-ion batteries is to increase the diffusion rate of lithium ions, which can be done by increasing the interlayer distance in the carbon materials deployed in the anode batteries. While there is some sort of success in this regard by presenting nitrogen impurities there is no method to control interlayer distance or to distillate the doping element.

A Japanese team, not long ago founded a method for anode fabrication, able to provide fast charging of Lithium-ion batteries. The results were issued online in 2021 in Chemical Communications.

Which is Finest Anode for a Battery?

Silicon is the most excellent anode material for lithium-ion batteries. Amongst all the recognized elements, Si has the maximum volumetric and gravimetric capacity and is also reasonably priced.

Are lithium-ion Batteries Harmful for the Environment?

These have a lot fewer toxic metals than their counterparts that has toxic metals, for example cadmium or lead, they are mostly considered to be a non-harmful waste.
In the entire world, there has been much talk about shifting to electric vehicles, but what challenges stand inn the way are already been discussed in this blog, and how things are shaping up for mitigating all of them.

Powering the Future: Second-Life Automotive Lithium-Ion Battery Market Insights and Sustainability Trends

According to a market research expert working at P&S Intelligence, the second-life automotive lithium-ion battery market will propel at a considerable rate of 23.1% by the end of this decade to reach a value of USD 7,392 million.

The expensive battery reprocessing process and the increasing acceptance of EVs all over the world are the main factors powering the industry growth of the second-life automotive lithium-ion batteries.
Passenger car had the largest share in the past, on the basis of vehicle type. The category will also grow the fastest in the future, continue holding the major share.

This is because of the support from the governments in the U.S. and China for producing new energy cars, and growing requirement for fully e-passenger cars with a feature of high-range per charge.
Base station category led the market, based on application. This is as a result of the fact that battery systems are progressively put to use in telecoms base stations, as an aggregated and highly distributed asset for frequency containment disturbances reserve.

APAC was the leader of the second-life automotive lithium-ion battery market globally and it will be like this in the future as well. The region is led by China.
Also, China targets to attain domestically 50% EV share by the year 2025. This will be a potential market for second-life batteries.

The European market will witness the fastest growth, as a result of the snowballing sales of electric vehicles. Also, the strategic action plan for batteries in the region was accepted in the past.
Under this plan, improvement in building a battery value chain, as well as acceptance of extraction of raw materials, processing and sourcing of battery materials, production of cells and battery systems, along with recycling and reusing, is projected to be done.

Li-ion batteries has only 2–7% of lithium and gaining it through recycling is five times more expensive than finding lithium directly from natural sources. The sole material good for recycling in the procedure is cobalt.

Rare Earth Metals: Unearthing Innovation and Sustainability

It is rather unlikely that many people, except chemistry students, have heard of yttrium, scandium, lanthanum, praseodymium, cerium, neodymium, promethium, europium, samarium, gadolinium, terbium, holmium, dysprosium erbium, thulium, ytterbium, and lutetium. Collectively, this group of 17 is called rare-earth metals, the demand for which is increasing for many critical applications, such as electric vehicles, renewable energy, and advanced electronics. These metals are used in small amounts, but have potentials that make them vastly important.

EV Manufacturers Are Major End Users of These Metals

For instance, the Delhi government has proposed April 1, 2030, as the final date for cab, food, and e-commerce delivery companies to convert their whole fleet to EVs. Approximations with the state transport department demonstrate that the capital city of India has a minimum of 150,000 vehicles working under diverse cab aggregators, but it is generally a floating number, as these automobiles keep moving amid Delhi and NCR towns.

Continuing its belligerent push for the promotion of EVs, the government of Delhi aims to mandate all cab aggregators and corporations with delivery partners to guarantee that 5-to-100% of their new two-wheelers, three-wheelers, or cars are EVs in phases, within half a year to four years from the date of announcement of the policy.

How Do Rare-Earth Metals Make Power Generation Made Easy

The share of neodymium in clean energy technologies would rise from 16% to 41% over two decades, says the IEA. A 3-Megawatt direct-drive turbine comprises about 2 tons of permanent magnets made of this material. They are especially utilized in wind turbines, which are taking center stage as a renewable energy technology with a high potential.

For instance, India’s wind energy sector has an industrial base of around 10,000 MW per year. The nation is fourth in terms of the installed wind energy capacity across the globe, with a total of 39 GW in March 2021. Moreover, the country produced about 60 billion units of wind power in 2020–21. The state of Gujrat has the highest wind power potential, of around 143 GW at a height of 120 meters.

In all, around the world, the total installed capacity of windmills has risen from 6210,370 MW in 2019 to 731,763 MW in 2020, despite the economic disruption due to COVID-19. The addition trend has continued, with the total reaching 824,974 MW in 2021, amidst the economic recovery. These statics by the International Renewable Energy Agency clearly show that governments are keen on achieving their net-zero goals by 2050, which could mean a windfall for entities that mine, extract, and supply rare-earth metals for windmill turbine magnets.

Lasers: Another Clever Use of Rare-Earth Metals

Neodymium ions, in combination with yttrium aluminum garnet, are the mainstays of the laser industry. Now, scientists have effectively dissolved high concentrations of neodymium ions into alumina crystals, producing an exclusive ceramic-based laser material, which emits high-octane, ultrashort laser pulses. The combination material could empower smaller, more-powerful lasers that can capture light from outside and transmit a part of their own energy for the production of better laser light.

Driving E-Commerce: An In-depth Analysis of Southeast Asia’s Automotive Aftermarket

In 2022, the Southeast Asian e-commerce in the automotive aftermarket was worth around USD 3,819.8 million, and it is projected to advance at an 11.4% CAGR from 2022 to 2030, hitting USD 9,184.6 million by 2030, according to P&S Intelligence.

This growth can be credited to the utilization of these channels increasing as a result of increasing levels of digitalization and internet utilization across Southeast Asia, also the growing customer knowledge regarding product details and other advantages of online shopping.

Moreover, the market enlargement is supported by the variations in the automotive aftermarket as a whole, credited to a surge in the count of vehicles in operation and their aging, also the growth in the occurrence of road accidents.

In the past few years, Thailand held the largest revenue share in the market, and it is projected to grow at a CAGR of approximately 11% in the coming few years. This is mainly because of its substantial population, costly vehicle industry with amply of OEMs, rapid urbanization, and rising per-capita income of people.

The market is also set to experience profit from technology enhancements, fleet owners’ rising knowledge and usage of quality replacement parts, and the government steps associated with passenger and vehicle protection.

The automotive aftermarket has sighted the growth of a DIY culture because of the growing trend of vehicle customization, with vehicle holders and auto devotees customizing their vehicles. While maintenance and service amenities and specialists have factually been the primary customers for vehicle parts builders, DIY fans now account for a generous portion of the sales of components via e-commerce channels. This increasing customer base would be beneficial for the automotive aftermarket.

The equipment category is all set to experience the fastest Southeast Asian e-commerce in automotive aftermarket growth at a CAGR of approximately 12%. This can be credited to the trend of advancing the several pieces of the machine of vehicles over time and the obtainability of an extensive variety of items on online channels.

A huge number of e-retailers, including Wal-Mart Stores Inc., Alibaba Group Holding Ltd., and Amazon.com Inc., provide automotive equipment on their platform, therefore creating access simple for consumers.

The quick digitization throughout the globe is basically projected to make opportunities for the enhancements of online services. E-commerce has allowed customers to buy items from any place and compare the cost of different items with just a swipe on a smartphone screen. The matter of fact that customers are progressively shifting toward online shopping has had a great influence on the courier sector.