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Swift Solutions: Navigating Trends in the Turkey Micromobility Market

Concepts of micro mobility and shared ecosystems are permeating human lives more and more frequently each day. Initiatives to hire electric scooters have proven very popular in Turkey.

The main drivers of the expansion of micromobility market in Turkey are the need to preserve the environment, an effective short-distance transport system, and the growing need to lessen traffic congestion. The sector will reach $14,711.1 million in 2030 as a result of the aforementioned causes.

Maintenance of a Green Environment Is Required

Environmental contamination is one of the main problems in Turkey. The amount of air pollution in the entire nation exceeds WHO recommendations, which causes fatal illnesses. Approximately 27% of the nation’s overall health spending is typically allocated to treating illnesses brought on by air pollution.

The government is using micromobility to lower pollution levels. The wide availability, cheap cost, ease of use, and environmental friendliness of the micromobility system have all contributed to its exponential rise.
Need to Reduce Traffic Congestion Is Driving Market Expansion

Istanbul is now ranked second among 220 cities worldwide in terms of traffic congestion, according to research by the transportation analytics company INRIX. The count of commuters is growing as a result of fast urbanization, which puts additional strain on the current transportation infrastructure.

People frequently pick their own automobiles when there isn’t an effective form of public transit, which complicates matters and increases traffic congestion.

Thus, micromobility improves connection to public transportation, lowers the dependency on private automobiles, and also contributes to a reduction in greenhouse gas emissions. It is regarded as a cutting-edge transportation plan that has shown to have significant promise for reducing congestion.

E-Scooters Dominated Market due to Their Extensive Fleet

Based on vehicle type, the e-scooter category represented the greatest value share in the Turkish micromobility industry.

In the coming years, this category is likewise anticipated to continue experiencing a similar trend. This is mostly attributable to the enormous fleet that e-scooters have, which leads to their high market availability when opposed to other vehicle types.

What are Specialty Chemicals?

Specialty chemicals, also known as performance chemicals, are a category of chemicals that are produced for specific applications. These chemicals are designed to meet precise performance requirements and are often produced in small quantities.

These chemicals are adopted in different industries, such as agriculture, pharmaceutical, plastics & composites, automotive, electronics, and personal care. Specialty chemicals, also known as performance chemicals, are a category of chemicals that are produced for specific applications.

These chemicals are designed to meet precise performance requirements and are often produced in small quantities. These chemicals are adopted in different industries, such as agriculture, pharmaceutical, plastics & composites, automotive, electronics, and personal care.

The global industry of specialty chemicals is expected to reach USD 980,423.7 million by the end of this decade. Uses of Specialty Chemical Specialty chemicals can be used as ingredients to improve performance of the products or processes in numerous industries.

Here are some of the industries these chemicals are used heavily.

Pharmaceutical Industry
Specialty chemicals are also used as raw or intermediates materials throughout all stages of pharmaceutical manufacturing to create non-reactive, colorless, and odorless drug carriers, to purify raw materials, to improve characteristics, for instance, water solubility, and to assist in producing the final form of the medication, for example, capsules or tablets.

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Types of Specialty Chemicals
There are numerous types of specialty chemicals based on their functions or industries’ applications. One of the most used types of specialty chemicals is agrochemicals.

Some other types of specialty chemicals are:
• Adhesives and sealants: These chemicals are adopted to bond materials together and offer leak-proof sealing in numerous applications, for instance in packaging, automotive, and construction industries.

• Food additives: These chemicals are used as ingredients added to food products to improve their texture, taste, preservation, or appearance.

• Polymers: These chemicals are used in manufacturing elastomers, resins, and plastics.

Due to the diversified application of specialty chemicals in numerous industries and the increasing requirement of these chemicals in emerging economies, such as China and India, the demand for specialty chemicals will continue to rise in the years to come.

Exploring the Versatility of Polymers in Various Industries

The polymer industry has garnered $589,902.9 million in 2021, and it is projected to rise at the rate of 5.4% from 2021 to 2030, to generate $946,991.38 million revenue in 2030. It is ascribed to the growing demand for products in various end-use industries, including automotive, electronics, and packaging.

In addition, plastics are widely used in various sectors, ascribed to their strength, lightweight, flexibility, transparency, easy manufacturing, ease of sterilization, low cost, permeability, and great resistance to biological degradation and physical aging.

The polyethylene category is projected to experience a significant growth rate in the coming years, rising at a rate of 5.7%. It is led by growing demand for products from various end-use sectors. Moreover, the surging usage of high-density polyethylene (HDPE) and low-density polyethylene (LDPE) in food and beverage packaging applications, including fruit juices, milk, and other food products, propels industry growth.

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Therefore, the rising requirement for polymers is led by growing sales of consumer items, which provides alluring opportunities to suppliers in the industry.

Furthermore, a 10% decrease in the weight of vehicles may cause a proportional reduction in fuel consumption, which results in the high application of polymer in automobiles, which fuels the industry’s growth.

Furthermore, such attributes have increased the demand for thermoplastics in various areas, including the construction of storage tanks, lightweight structures, window frames, and panels.

Under the application segment, the packaging category holds the largest industry share, owing to the essential polymer qualities, including protection, high flexibility, and resistance to vibration and surface abrasion. It also replaces conventional materials in the packaging sector.

Enhancing Road Safety: Exploring the Acoustic Vehicle Alerting System Market

The global acoustic vehicle alerting system market is expected to attain a revenue of $10,578.8 million by 2030, progressing at an 11.9% CAGR during 2020–2030, as stated by a report by P&S Intelligence. The market is growing due to the increasing demand for electric vehicles, declining cost of acoustic vehicle alerting system components, proposed plan of new EV variants launch, and mandatory regulatory compliances.

The current COVID-19 situation has disrupted the automotive industry, much like several other industries, which is further predicted to hamper to growth of the market. Unless and until the electric vehicle industry gets back on the track, which can be done with the help of government policies for electric vehicles, the future of the acoustic vehicle alerting system domain is uncertain. Some other factors upon which the future of the electric vehicle industry depends are economic recovery rate, ease in confinement measures, consumer behavior regarding purchase of new cars, and potential second waves of the pandemic.

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On the basis of vehicle, the acoustic vehicle alerting system marketis divided into four-wheeler and two-wheeler, between which, the four-wheeler division is predicted to advance at a faster pace in the years to come. A major for this is the increasing requirement for electric cars in North American and European countries. In addition this, the regulatory compliances that mandate the installation of these systems in four-wheelers by 2021 is also predicted to drive the growth of this division.

In terms of propulsion, theacoustic vehicle alerting system market is categorized into plug-in hybrid electric vehicle, battery electric vehicle (BEV), and fuel-cell electric vehicle. Out of these, the BEV category is expected to account for the largest share of the market in the coming years due to the rising government support for these vehicles, which, in turn, is due to their eco-friendly nature. Moreover, the reducing battery prices and less mechanical complexity of these vehicles are also projected to drive their demand.

The Asia-Pacific (APAC) region is expected to dominate the acoustic vehicle alerting system market in 2030. China is the largest electric vehicle industry within the region and across the globe. The country accounted for over 90% of the total electric two-wheeler sales and approximately 50% of electric cars in 2019 and 90% of electric two-wheeler sales in 2019. Due to this, the country is also the largest domain for acoustic vehicle alerting system. Europe is expected to advance at the fastest pace in the years to come.

Enhancing Crop Health: Exploring the Agricultural Micronutrients Market

The total value of the global agricultural micronutrient market was USD 4,321.9 million in 2022, and it will rise at a growth rate of above 8.5% shortly, reaching USD 8,322.1 million by 2030, according to P&S Intelligence.

This growth can be ascribed to the worsening soil quality in agrarian fields. Nutrients are critical for plant development and metabolic procedures. Stimulating, expanding, and supplying roots by providing them with organic chemicals and proteins, helps in the growth of roots. It also advances the immunity of the vegetable. In the coming few years, all of these reasons will quicken market development.

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Plants are autotrophic creatures that have the capability to utilize solar power to synthesize important components for their development and growth from water, macronutrients, and carbon dioxide. The low quantity of nutrients can disturb the metabolic and physiological procedures of harvests, thus disturbing their development.

Analyses and reports by the FAO have stated that the recurrent mineral stripping because of routine crop creation has contributed to the making of a net micronutrient disparity in the soil arrangement.

In 2022, worldwide, APAC led the agricultural micronutrient market, with above 50% share. This development can be credited to improved application in nations like China and India. Steps by governments and agrochemical builders in such nations are probable to make awareness and expand product acceptance among the local farmers.

In consistency to the same, several subdivisions of the government of India have introduced several guidelines, like grants on stimulated seeds initiation of SHCs, and regulation of contract agriculture. In the long run, such reasons are expected to boost the demand in the region.

Hence, the worsening soil quality in agrarian fields. Nutrients are critical for plant development and metabolic procedures. Stimulating, expanding, and supplying roots by providing them with organic chemicals and proteins, helps in the growth of roots, such factors are propelling the agricultural micronutrient market.

Electrifying the Commercial Sector: Exploring the Electric Commercial Vehicle Market

The electric commercial vehicle market has captured $68.9 billion revenue in 2022, and it is projected to generate $814.8 billion revenue in 2030, rising at a rate of 36.2% from 2022 to 2030, according to P&S Intelligence. The electric commercial vehicle market has captured $68.9 billion revenue in 2022, and it is projected to generate $814.8 billion revenue in 2030, rising at a rate of 36.2% from 2022 to 2030, according to P&S Intelligence.

Declining Costs Boost Adoption of Commercial EVs
The decreasing cost and rising operational efficiency of batteries and the long-term cost benefits of EVs for fleet operators fuel the industry’s growth. Besides, the rising concerns over GHG emissions and surging government support, in the form of subsidies and grants, for such vehicles are projected to offer advantages to the industry in the near future.

Significant Commercial EV Traction in China and India

● Metropolitan cities in China are excessively polluted. Therefore, the government is taking strategic measures to reduce air pollution, such as implementing stringent emission norms and promoting electric vehicles in commercial fleets.
● In the same way, India has strengthened its focus on replacing conventional buses with electric ones. In this regard, Delhi Transport Corporation has set an example with its ambitious plans to have 8,000 battery electric buses by 2025.

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Rising Environmental Concerns Prompting Governments to Encourage EVs
● In addition, numerous governments have announced a ban on the usage of traditional diesel-based commercial vehicles, to reduce carbon emissions.
● Moreover, since buses are key to urban transport systems and trucks to logistical operations, their electric variants are being promoted via purchase subsidies and other benefits for buyers.
● BEVs capture the largest industry share, of more than 60%, ascribed to the government incentives, subsidies, and other financial advantages to encourage the adoption of eco-friendly vehicles.

Operators’ Evolving Business Models Fueling Commercial EV Success
Companies are adopting new business models to reduce the high upfront costs of EVs. Many fleet operators are procuring e-buses in collaboration with city governments. Some operators are even adopting the battery swapping and leasing concepts, as a pre-installed battery makes an EV expensive.

Illuminating the Future: Exploring the Solar Street Lighting Market and Its Benefits

The development of smart cities and reduction in the prices of solar street lighting solutions will increase the value of the solar street lighting market from $5.7 billion in 2019 to $14.6 billion by 2030, at a 9.4% CAGR during 2020–2030 (forecast period). Other factors contributing to the growth include the rapid infrastructure development and shift to solar power for sustainable and reliable lighting. Moreover, the fast-paced urbanization in developing countries is generating numerous opportunities for the market to grow.

Governments across the globe are developing smart cities that will deploy solar street lights in large numbers, thus amplifying the solar street lighting market size. India, Saudi Arabia, China, South Korea, and the U.S. are home to numerous smart cities, and more of these are under development. These countries are constructing such cities for enhancing the standard of living and conserving the precious resources. For instance, South Korea, in September 2018, signed a letter of intent with Malaysia to construct a smart city in Kota Kinabalu in Sabah.

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The component segment of the solar street lighting market is divided into lamp, solar panel, battery, and controller. Under this segment, the solar panel division generated the highest revenue in 2019, and it is expected to maintain its dominance during the forecast period. Solar panels are a quintessential component of a solar lighting system, and they are relatively costlier than other components. These panels offer electricity to charge the battery in daylight, which illuminates the lamps attached to them in less or no sunlight.

The solar street lighting market is dominated by Koninklijke Philips N.V., Sunna Design SA, Bridgelux Inc., and SolarOne Solutions Inc. because of the premium-quality products provided by these companies. Other players in the market include Azuri Technologies Ltd., FlexSol Solutions B.V., Eaton Corporation Inc., Leadsun Inc., Su-Kam Power Systems Ltd., Sunna Design SA, Solar Lighting International Inc., BISOL Group d.o.o., Orion Energy Systems Inc., and Zhuhai Bomin Solar Technology Co. Ltd.

Exploring the Medical Adhesives Market: Uses, Trends, and Market Outlook

While medical adhesives cover a wide spectrum of fabrication materials, they are primarily made of biological or synthetic formulations. Medical adhesives are frequently used for surgical operations and device bonding. A variety of adhesives, some of which are disposable, are used in medical equipment, sometimes more than once.

High heat ranges may be tolerated by high-strength bonding adhesives; some of them are appropriate for electronic devices.While medical adhesives cover a wide spectrum of fabrication materials, they are primarily made of biological or synthetic formulations. Medical adhesives are frequently used for surgical operations and device bonding. A variety of adhesives, some of which are disposable, are used in medical equipment, sometimes more than once. High heat ranges may be tolerated by high-strength bonding adhesives; some of them are appropriate for electronic devices.

Moreover, adhesives are excellent for skin and suture applications, others are perfect for attaching a wide range of substrate surfaces, such as metals, plastics, and rubbers. Medical-grade adhesives can be divided into one- or two-part epoxy systems, with each having a unique curing response. Medical adhesives are frequently used in applications such as labeling electrodes, implanted devices, catheters, and surgical tools.

The demand for medical adhesives was significantly impacted by COVID-19, particularly in China, the U.S., Spain, Germany, Italy, and other western European nations. Nevertheless, the demand for medical adhesives is benefiting from the surge in demand for personal protective equipment, masks, blood and saline tubes, and syringes.

Due to the rising number of patients needing long-term chronic care therapy, procedures, and drug delivery, there is an increased need for disposable medical equipment, supplies, and other items. The demand for medical devices has increased as a result of healthcare organizations, such as outpatient facilities and hospitals, placing an increased emphasis on infection control and safety measures.

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Advantages Adhesives for Medical Devices

There are several alternatives for pressure-sensitive, non-structural, and structural adhesives available today. There are several benefits to employing adhesives rather than mechanical fasteners.

• For prolonged therapeutic usage, medical adhesives are light, plush, and pleasant enough
• Medical foam tapes are made with strong materials in appealing colors
• In comparison to films and nonwoven tapes, polyethylene foam tape is soft, pleasant, and reasonably priced when applied close to the skin

Adhesives provide extra advantages in the medical sector. Medical adhesives are already built to comply with FDA regulations for labeling, digital tracking, and durability rub testing. In addition, certain adhesives have UL certifications and are approved for use with particular printing processes and inks. These characteristics significantly reduce the amount of guessing involved in choosing materials that meet your needs and industry standards.

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

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.

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.