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India Industrial Aerosol Market: Trends, Growth, and Key Players

The COVID-19 virus spread like wildfire, infecting millions worldwide. Because aerosols are heavily utilized in the form of paints, greases, lubricants, maintenance sprays, and cleaning products in the manufacturing sector, the demand for them was seriously impacted.

Spray paints are the most-significant application in the India industrial aerosol market share. This is largely due to the Indian population’s increased purchasing power, which is driving the demand for spray paints with an aerosol base in auto manufacturing facilities and in repair shops and garages. 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 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.

The growth of the players in the India industrial aerosol market is essentially due to the uptick in the sales of quadricycles, two-wheelers, three-wheelers, commercial vehicles, and passenger cars. Moreover, there is a significant increase being observed in the count of vehicles produced, the Society of Indian Automobile Manufacturers says. Similarly, as per the IBEF research in 2020, car demand is predicted to increase owing to an increase in the youthful population and in the disposable income of the middle class, which would propel the demand for such products in the next years.

The manufacturing industry of the country is expanding robustly due to increased demand for consumer electronics and electronic appliances, as well as machinery and electrical equipment as per the IBEF. This will spur the India industrial aerosol market growth. Furthermore, according to government sources, substantial development has been noted in the beauty and cosmetics industry of the nation over the last several years as a result of growing per capita income, which is leading to increased personal expenditure.

Emerging Trends and Applications in the Benzalkonium Chloride Market

Due to the increasing prevalence of acute and chronic diseases, growing geriatric population, and rising disposable income in emerging economies, the worldwide healthcare industry is expanding rapidly. This is expected to be the key factor to take the global benzalkonium chloride market to $1,301.1 million by 2030 from $525.0 million in 2019, at a 9.6% CAGR between 2020 and 2030.

This is because the compound is widely used as an antiseptic, antimicrobial preservative, solubilizing agent, disinfectant, and wetting agent in contact lens solutions. In addition, the benzalkonium chloride market is growing on account of the usage of this compound as an antimicrobial preservative in aqueous multidose nose, eye, and ear products.

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Benzalkonium Chloride Market Segmentation Analysis

In the coming years, the highest value CAGR in the benzalkonium chloride market, of 10.0%, on the basis of application, will be witnessed by the disinfectants category. There are stringent regulations requiring hospitals and diagnostic, research, biotechnology and pharmaceutical laboratories to be disinfected on a regular basis. Another factor driving the demand for disinfectants and, in turn, benzalkonium chloride, is the increasing incidence of hospital-acquired infections (HAI).

Till now, the North American benzalkonium chloride market has generated the highest revenue for companies offering this compound. With the growth in oil and gas exploration and production activities in Canada and the U.S., the usage of the compound as an inhibiter of the corrosion caused on underwater steel equipment by sulphate-reducing bacteria is rising. Another application of the compound in this sector is controlling the release of hydrogen sulphide gas, which results in oil souring.

APAC Paints and Coatings Market: Increasing Focus on Eco-Friendly and Sustainable Solutions

In 2022, the APAC paints and coatings market had a total size of USD 84.09 billion, and it is predicted to hit USD 133.03 billion by 2030, progressing at a rate of 5.90% from 2022 to 2030, as per research report by market research company P&S Intelligence.

In 2022, the water-borne category, generated the largest revenue share of approximately 48%, Based on technology, and is projected to grow at a significant pace in the future as well. This is majorly credited to the snowballing need for these coatings from numerous furniture and automobile producers, credited to their lucrative nature and greater adhesion characteristics.

In 2022, Acrylic formulation led the industry with a revenue share of approximately 40%. This is because of the characteristics of acrylic compounds, including water resistant, versatile, highly soluble, non-toxic, and elastic which generates heavy demand for paints and coatings with this formulation. Furthermore, the acrylic formulation holds characteristics, including thermoplastic nature, weather/UV resistance, optical clarity, and brilliant dimensional stability.

The industrial coatings industry is divided into automotive original equipment manufacturer coatings, other transport coatings, powder coatings, packaging finishes, coil coatings, general industrial finishes, wood finishes, and coil coatings. Among all, the general industrial finishes category had the largest size share in 2022. This is credited to a huge number of manufacturing units throughout the globe.

The construction sector is rising at a substantial pace in India, Japan, China, and Australia, credited to the increasing populace and rapid urbanization. This has caused a surge in the expenditure on construction projects, including apartments, retail centers, hotels, and civic infrastructure hence, the construction sector is boosting the demand for decorative coatings.

Safe and Smart: Exploring the Automotive Anti-Pinch Power Window System Market and its Role in Passenger Safety

Automotive anti-pinch refers to a safety technology that is used in the power windows of cars. This system restricts the winding up of the car window if it stumbles upon any obstacle in the path of the glass. The electric motor of the vehicle is equipped with a sensor that can identify the resistive force working against the glass movement. After sensing an obstacle, the motor prevents the closing action of the window to avoid any injury to a passenger or driver.

As an anti-pinch power window system is a part of vehicle safety features, rising public and government awareness about vehicle safety will propel the automotive anti-pinch power window system market at an exceptional CAGR of 12.0% during the forecast period (2017–2023). According to P&S Intelligence, the market was valued at $1,690.2 million in 2016, and it will generate $3,611.2 million revenue by 2023. For instance, the National Highway Traffic Safety Administration (NHTSA), under the U.S. Department of Transportation (DoT) mandates the installation of power windows in vehicles manufactured in the country.

In addition, the booming passenger car production will also facilitate the production of anti-pinch power widow systems globally. The International Organization of Motor Vehicle Manufacturers (OICA) states that the global automotive industry manufactured 55,834,456 passenger cars in 2020. The increasing production of passenger cars can be primarily credited to the mounting disposable income of people and the booming economy of developing countries, such as India and China. For example, the gross national disposable income of India grew from INR 1,73,15,933 crore in the financial year (FY) 2017–2018 to INR 1,92,37,943 crore in the FY 2018–2019.

In recent years, automotive anti-pinch window system manufacturers, such as Brose Fahrzeugteile GmbH & Co., Continental AG, Magna International Inc., Delphi Automotive PLC, and Robert Bosch GmbH, have focused on strategic partnerships and product launches to meet the needs of commercial vehicle and passenger car manufacturers. In contemporary times, luxury car manufacturers, such as Volvo, Mercedes-Benz, BMW, Audi, Tata Motors, General Motors, Lexus, Land Rover, Honda, and Hyundai, have become eminent users of such automotive products.

Globally, the European and North American regions collectively accounted for the majority of the share in the automotive anti-pinch power window system market in 2016. The dominance of these regions can be credited to the largescale vehicle production and export, hefty investments being made in the automotive industry, rapid technological advancements, and stringent vehicle safety norms in European and North American countries. The European Automobile Manufacturers’ Association (ACEA) states that member nations of the European Union (EU) manufactured 10.8 million passenger cars and 2.1 million commercial vehicles in 2020.

Therefore, the mounting vehicle safety concerns and the soaring passenger car production will accelerate the adoption of automotive anti-pinch power window systems in the coming years.

The Sweet Scent of Success: Unveiling Opportunities in the Cinnamaldehyde Market

The Population Division of the UN estimates that the global urban population grew from 4.28 billion in 2019 to 4.358 billion in 2020. Moreover, the UNDESA states that 55% of the world population was urban in 2018, and this will increase to around 66.66% by 2050. The surging urban population will facilitate the penetration of personal care products, especially among the middle-class population of Tier 2 and Tier 3 cities, owing to which the consumption of cinnamaldehyde will amplify in the coming years.

Additionally, the soaring aging population will drive the cinnamaldehyde market growth in the forthcoming years, on account of the burgeoning demand for cosmetics and personal care products among the elderly. Owing to the antibacterial and antifungal properties of this compound, it is being used in products utilized to fight tooth decay and bad breath, which are extremely common among the aging population. The UNDESA forecasts that the population of individuals aged 65 years or over will rise from 727 million in 2020 to approximately 1.5 billion by 2050.

Moreover, the rising income of people in developing countries will also facilitate the use of cinnamaldehyde in the foreseeable future. A high volume of this compound is used in food products, fragrance products, personal care items, and cosmetics, which are being consumed in large quantities in emerging economies, due to their growing income. For example, the OECD states that the gross national income per capita of Saudi Arabia, Brazil, and South Africa increased from $48,606 in 2017 to $49,497 in 2019, $14,324 in 2017 to $14,671 in 2018, and $12,781 in 2018 to $12,911 in 2019, respectively.

In recent years, the surging use of this naturally occurring chemical as an antimicrobial agent in the agriculture sector has become a prominent trend in the cinnamaldehyde market. Nowadays, the farming community is increasingly using cinnamaldehyde-based insecticides, due to their low toxicity. To cater to the demand for such insecticides, market players are exploring new ideas for the better commercialization of cinnamaldehyde-based pesticides. Additionally, this chemical has also proven to be effective in inhibiting the growth of foodborne pathogens in several food crops.

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Some of the dominant producers of cinnamaldehyde in recent times are Haihang Industry Co. Ltd., Finoric LLC, Payan Berthand S.A, Yingcheng Wuhan Organic Materials Co. Ltd., Kao Global Chemicals, Lanxess AG, ABI Chem, Jayshree Aromatics Pvt. Ltd., Mubychem Group, and Emerald Kalama Chemical LLC. These chemical companies use natural sources such as camphor and cassia, a Cinnamomum spice, and synthetic sources such as cinnamyl alcohol, acetaldehyde, and benzaldehyde to obtain cinnamaldehyde.

According to P&S Intelligence, the APAC region accounted for the largest share in the cinnamaldehyde market in the recent past, due to the boom in the population of China and India. The massive population serves as a huge customer base for personal care and cosmetic product, food and beverage, and pharmaceutical companies. Cinnamaldehyde is used as a flavoring agent in liquid refreshments, ice creams, chewing gums, and candies, and as an odor agent in cosmetics and personal care items.

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Clean Air and Optimal Performance: Analyzing the Growth and Applications in the Filters (Industrial and Automotive) Market

Just as lungs are to the human body, filters are to automobiles. Like other numerous parts, your automobile also depends on these filters for better performance. These filters screen the scums that could possibly hamper the performance of your vehicle.
These filters are a necessity if you want to put the medal on the pedal and want your car off and running. Your vehicle should be a showstopper and not something people laugh at. For this, you have to take care of your car’s filter.

So moving on we have-
Different types of car filters
All of the cars have mainly two types of filters: oil filter and air filter. The function of these filters is to block impurities from getting into the car. These filters need timely upkeep or cleaning to evade blockage. The blockage in the filter can hamper your car’s performance as; in that case, a passable amount of air-fuel mix will not reach the respective components.
Now let’s dive into a couple of vehicle filters.

Oil filter
An oil filter filters the physical impurities that are present in the engine oil. These filths can be in the form of metal pieces, dust particles, or any other sort of dust. Upon the working of a car engine, it has to go through all the wear and tear as a result of friction. This friction gives out cracked metal pieces, and if these are not filtered, they will additionally damage the engine by snowballing the frictional force.

When to change a car oil filter?
Well, it is not at all times possible to decide an exact time when it is the right time to get an oil filter changed. Oil filter change depends upon more than a few factors, like how frequently you drive, the type of land, and more.
Generally, air filters need to be replaced when a vehicle has run a distance between 10,000-15,000 km.

Air filter
The second filter is a crucial one for the breathability of the engine. As humans are reliant on oxygen on oxygen for life, the same is the case with any vehicle engine that depends on oxygen for its functioning. The air that spreads the engine requires to be free from all dust particles, pollens, or other pollutants.

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Industries Using Waste Heat Recovery Systems To Reduce Operating Costs

Waste heat is generated from the exhausts of fume incinerators, combustion engines, glass melting furnaces, and cooling water from furnaces and convective, conductive, and radiation heat losses from combustion engines and cement kilns. Waste heat is also generated from process off-gases. Heat losses in several industrial processes can be curtailed by using waste heat recovery systems. Such systems involve the capturing and reuse of waste heat for combustion air preheating, steam generation, load preheating, power generation, space heating, and waster preheating.

These end-use industries use waste recovery methods, such as waste heat wellsprings and waste recovery hardware, such as turbines, mechanical warming boilers, and heat recovery system generators (HRSGs), to meet their energy requirements. Waste heat wellsprings encompass the exchange of heat from hot gear outside and the release of hot burning gases to the environment. Waste heat can also be recovered by using mechanical heat recovery systems that include the capture and reuse of waste heat. Deployment of such systems helps in reducing operational expenses, energy consumption, and nursery gas and carbon dioxide (CO2) outflows in manufacturing facilities.

Waste heat recovery systems offered by Ormat Technologies, General Electric Company, Harbin Electric International Company Ltd., China Energy Recovery, Siemens AG, Amec Foster Wheeler PLC, Dongfang Electric Corporation, ABB Group, and Mitsubishi Hitachi Power Systems are used in pre-heating and steam and power generation applications in several end-use industries. In recent years, the soaring demand for the efficient use of available energy in order to facilitate climate protection and sustainable development, has resulted in the large-scale deployment of waste heat recovery systems in various industries.

Geographically, Europe emerged as the largest user of waste heat recovery systems in the recent past, due to the rising implementation of environmental policies aimed at curbing industrial harmful emissions in the continent. Whereas, Asia-Pacific (APAC) is expected to adopt waste heat recovery systems at the highest rate in the coming years, owing to the growth of the cement industry in the region. Moreover, the booming energy demand and toughening environmental protection regulations will also boost the usage of such systems in the region in the foreseeable future.

India Industrial Aerosol Market Driven by Extensive Government Support

The major drivers in the India industrial aerosol market are the skyrocketing investments in the research and development in the Indian manufacturing sector, extensive government support, and surging application of aerosolized products in automotive plants as well as garages and repair shops. Therefore, the sale of such products across the country will collectively fetch companies $115.85 million by 2030. The COVID-19 virus spread like wildfire, infecting millions worldwide. Because aerosols are heavily utilized in the form of paints, greases, lubricants, maintenance sprays, and cleaning products in the manufacturing sector, the demand for them was seriously impacted.

The India industrial aerosol market has a fragmented nature with the existence of a large number of market players including Indian Aerosols Pvt. Ltd., Aerol Formulations Private Limited, Twin Tech India Pvt. Ltd., OKS Speciality Lubricants India, Renuka Multichem, S. S. Aerosols Pvt. Ltd., PRIME AEROSOLS, Zenith Spray And Aerosols Private Limited, Aerosol Specialities (India), and Pidilite Industries Limited to gain a competitive edge. The swift adoption of technologically advanced devices will create lucrative opportunities for the above-mentioned market players in a digitalized era.

Benzalkonium Chloride Market: Emerging Trends, Applications, and Growth Opportunities

Robust growth in the oil & gas and pharmaceutical industries will drive the benzalkonium chloride market at a CAGR of 9.6% during the forecast period (2020–2030). The market was valued at $525.0 million in 2019 and it is projected to reach $1,301.1 million by 2030. The pharmaceutical sector consumes high volume of benzalkonium chloride, as it serves as an antiseptic, antimicrobial preservative, wetting agent, solubilizing agent, and disinfectant. Moreover, affordability of healthcare services, hefty investments by governments in the sector, and rise in disposable income boost the demand for benzalkonium chloride.

Key factor driving the benzalkonium chloride market is the growth in the oil & gas industry. According to the Association of Oil & Gas Producers (IOGP), the global demand for oil and gas significantly increased in the past decade. Further, the U.S. Energy Information Administration (EIA) stated that the global consumption of petroleum and related liquids stood at 101.2 million barrels per day in 2019. Hence, the escalating consumption of oil and gas has fueled their production, which has accelerated the sales of benzalkonium chloride, as it is used as a biocorrosion inhibitor.

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Categories under the application segment of the benzalkonium chloride market include eye, ear, and nasal drops, shampoos, spermicidal creams, disinfectants, hand sanitizers, coatings, timber protection chemicals, water treatment chemicals, and aquaculture chemicals. Amongst these, the disinfectants category held the largest market share in 2019 and it is expected to retain its position during the forecast period. This can be ascribed to the rising incidence of hospital-acquired infections (HAIs) and the implementation of stringent regulations regarding the utilization of surface disinfectants in pharmaceutical and biotechnology labs, hospitals, diagnostic labs, and research labs.

North America generated the highest revenue in the benzalkonium chloride market in 2019, owing to the booming opportunities for oilfield equipment manufacturers in the region. The region is also expected to lead the market during the forecast period, due to the rise in exploration and production (E&P) activities and the increase in investments in the oil & gas industry. Moreover, the U.S. is expected to be the leading consumer of this chemical in North America in the coming years.

Whereas, Asia-Pacific (APAC) will demonstrate the fastest growth in the forecast period. This growth will be primarily supported by rapid development of the chemical industry in APAC countries. In recent years, the region has emerged as a hub for chemical exporters that have attracted major chemical companies to invest heavy amounts in the industry, especially in Malaysia, India, and Vietnam. For example, in April 2020, the manufacturer of the Dettol disinfectant— Reckitt Benckiser announced its plan to set up a production unit for Dettol in Taicang, Jiangsu province, China.

Presently, the benzalkonium chloride market is consolidated in nature, with the presence of a handful of key players like Novo Nordisk Pharmatech A/S, Dishman Group, Merck KGaA, and KLK Oleo. The market is led by Novo Nordisk Pharmatech A/S, due to its rising focus on tapping new applications. The company offers benzalkonium chloride to be used as a preservative and active pharmaceutical ingredient in creams, ointments, antiseptic agents, personal care products, wound care products, ophthalmic products, and oral, topical, and nasal drugs.

Growing Requirement for Water Treatment Boosts Biocides Industry

The biocides market is projected to rise in the near future, driven by the growing requirement for water treatment and the surge in the usage of biocidal products such as petrochemicals, homecare products, personal care, paintings, and coatings.

Biocidal products can be defined as the active substances for destroying, rendering harmless, deterring, or forces a controlling effect on harmful organisms by chemical or biological mediums. These products act as preservatives disinfectants, or pesticides, depending on their characteristics.

The halogenates are projected to generate the highest sales revenue in the biocides market, ascribed to the burgeoning requirement for water treatment. In addition, under the application segment, water treatment captures the largest share of the biocide’s industrial revenue, ascribed to the high demand for water treatment and potable water for both residential and industrial applications. It is projected to showcase significant sales in the coming years.

Moreover, APAC is projected to generate extensive sales revenue to the biocides industry, ascribed to the growing demand for water treatment in China, India, and other Southeast Asian countries for residential and industrial applications. The rise in the manufacturing capacity of the APAC nations leads to the expansion of the halogenates industry.

Several regulations and laws are enacted worldwide to control the usage of biocidal products. The European Union has implemented the biocidal products regulation (BPR), similarly, the U.S. FDA has also implemented several laws and regulations to monitor the application of the biocidal product, along with their active substances. It has resulted in a rise in the supervision level, and a ban on several biocidal products caused of their carcinogenic or mutagenic nature.

The growing demand for biocides for the preservation of varying types of consumer products, such as healthcare products, homecare, and water treatment for both residential and industrial purposes boost the market. Besides water treatment, biocidal products are widely used for equipment disinfection in the production, transportation, and storage of water.

Biocides are capable of preventing the growth of harmful organisms, such as protozoa, and bacteria as they act as antifouling or disinfectant agents. The major application of the biocides is at waterworks for maintaining microbiological quality before and during the distribution of water. It involves ensuring the acceptable microorganisms count level in the water and killing the rest pathogenic microorganisms.

The macro-economic progress of several countries and the rise in the disposable income of the people drive the demand for biocides. These products are highly used as preservatives, disinfectants, and sterilant in consumer products for alleviating microbial growth, resulting in bolstering demand for consumer products and resulting in extensive sales. In addition, the worldwide rise in the population fuels the demand for consumer products, resulting in the massive consumption of biocides.