Increasing Incidence of Skin Diseases Fueling Sales of Beauty Devices in U.S.

Due to the rising prevalence of hair loss and various skin diseases such as atopic dermatitis, psoriasis, and acne, the demand for beauty devices is rising sharply in the U.S. Acne is the most highly prevalent dermatological disease in the country. It is caused due to the clogging of hair follicles by dirt, dead skin cells, and sebum. As per the American Academy of Dermatology (AAD), around 85% of Americans are diagnosed with acne at some point in their lives.

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Besides the aforementioned factor, the surging population of geriatric people and the increasing public awareness about skin diseases and personal care are also pushing up the sales of beauty devices in the U.S. People are nowadays more than willing to spend heavily on personal care devices and products such as beauty devices. Additionally, the soaring healthcare expenditure and the rising appearance consciousness among the people living in the country are also contributing toward the mushrooming sales of beauty devices.

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Because of beauty devices, it is possible to easily perform the body treatment procedures and facial therapies offered at spas and salons at homes. Moreover, the sales of at-home devices are rising sharply, because of their high portability and availability in various ergonomic designs. One of the biggest trends currently witnessed in the U.S. beauty devices market is the advent of innovative and technologically advanced beauty devices in the country.

Hence, it is quite clear that the demand for beauty devices will soar in the U.S. in the future years, mainly because of the rising incidence of various skin problems and the growing public awareness about skin treatment procedures and beauty devices in the country.

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How Do Ballistic Protection Materials Shield Soldiers against Potential Injury?

Ballistic protection materials protect the body by absorbing the kinetic energy of the shrapnel and bullets. These materials are used to protect vehicles, soldiers, and law enforcement forces from glass, bullets, mines, mortars, explosive materials, and other hazardous materials. Military and law enforcement personnel use garments containing ballistic protection materials on the torso and other body parts to shield themselves against projectiles of different impact velocities, sizes, and shapes. Many of the protection materials in ancient times were quite heavy, as they were made of metals. However, with advancements in the technical textile industry, armors have become lightweight.

In recent years, the adoption of ballistic protection materials has increased substantially due to the growing social tension, surging terrorist activities, and improving regional economies. With an exponential rise in terrorism and anti-social activities, the concern for soldiers’ security has grown significantly. This has led to the development of new equipment by defense suppliers to increase the survival rate of soldiers. On account of these reasons, the ballistic protection materials market is expected to advance at a CAGR of 5.2% during 2016–2022. According to P&S Intelligence, the market stood at $8.8 billion in 2015.

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Furthermore, in the coming years, the Asia-Pacific region will adopt ballistic protection materials at the fastest pace. This would be due to the rapid modernization of the defense sector in India, Malaysia, China, and the Philippines. Moreover, Africa is also expected to adopt a significant volume of these materials to produce protective gear and armored vehicles, to prepare for a long era of insurgency and militancy problems. African nations will largely deploy armored vehicles to combat the violence within and across their borders.

With such an exponential rise in the incidence of violence and unrest across the world, the requirement for ballistic protection materials will escalate rapidly. 

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How Does Titanium Dioxide Improve Quality of Paints and Coatings?

The paints and coatings industry uses a large volume of titanium oxide as a major component in paint and coating pigments. This is because pigments containing titanium dioxide add a reflective feature to industrial and reflective paints, as they can scatter and absorb ultraviolet (UV) rays. Additionally, the compound possesses luminous, non-reactive, and non-toxic properties, which is why it increases the brightness and whiteness of paints and coatings. For instance, titanium-dioxide-based coatings for wind turbines offer protection from UV rays and a suitable white color to the structure.

Additionally, the rising adoption of lightweight vehicles, on account of the mounting concerns regarding automobile emissions, fuel efficiency, and carbon footprint, will amplify the usage of titanium dioxide. This compound is used in coatings that are applied on polycarbonate structures that are used in the production of lightweight automobiles, as these coatings provide stability, durability, and scratch resistance. This will, therefore, accelerate the titanium dioxide market at a CAGR of 4.5% during 2020–2030. The market stood at $15,020.1 million in 2019, and it will reach $24,026.1 million in 2030.

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According to P&S Intelligence, the Asia-Pacific region will register the maximum consumption of titanium dioxide in the foreseeable future. This can be attributed to the setting up of numerous production facilities and expanding construction sector, on account of the migration to urban areas and population growth. Moreover, an increase in the construction of infrastructure facilities, such as retail centers, hotels, offices, apartments, and civic service units, will boost the application of titanium-dioxide-based paints and coatings. Furthermore, the compound also finds wide application in the inks and paper, cosmetics, and plastics industries of the region.

Therefore, with the growing usage of paints and coatings in the construction and automotive industries, the demand for titanium dioxide will surge in the future.

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22.5% CAGR Expected in Americas Cannabis Market From 2020 to 2025

 The Americas cannabis market is expected to witness a CAGR of 22.5% during the forecast period by P&S Intelligence. The Americas cannabis market is accelerated by factors such as escalating use of cannabis in wellness and medicinal products and surging investments for the development of these products. Moreover, legalization of cannabis for recreational purposes will drive the market at 22.5% CAGR during the forecast period (20202025). The market stood at $93,487.2 million in 2019, which is projected to reach $293,791.0 million by 2025. Regular users in Canada and several states of the U.S. are consuming this weed on a day-to-day basis, due to its legalization and availability at legal stores.

One of the key factors driving the Americas cannabis market growth is the rising interest in the development of consumer products and therapies based on cannabis and its constituent chemicals. Moreover, legalization of the material across the U.S. and Canada has encouraged neighboring countries to join the trend of decriminalizing and deregulating cannabis and its related products. Latin American (LATAM) countries, such as Brazil, Argentina, Colombia, Peru, and Mexico, have completely or partially legalized the sale of cannabidiol (CBD)- and tetrahydrocannabinol (THC)-infused products.

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Additionally, increasing investments across the cannabis supply chain will also augment the Americas cannabis market growth in the coming years. The rapid deregulation of hemp and CBD across the region has increased the interest among market players. This has further led to the spike in market activities, such as licensing, investment in research and development (R & D), distribution of products, and marijuana and hemp production. Thus, the market players are working toward expanding their geographical reach, developing their supply chain, and ramping up the production of numerous CBD and THC products.

Geographically, the U.S. leads the Americas cannabis market and it is expected to maintain its position in the forecast period. This growth is attributed to factors such as legalization of marijuana across the nation, hefty investments in the cannabis industry, and widespread R & D activities directed at evaluating the potential of cannabis for medicinal applications. Moreover, the adoption of advanced technologies to expand access to marijuana will also propel the market growth in the future.

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Market Size Breakdown by Segments

By Product Type

• Cannabidiol (CBD)
  • Tinctures
  • Topicals
  • Cartridges
  • Capsule
• Tetrahydrocannabinol (THC)
  • Dry herbs
  • Waxes
  • Oils
  • Edibles

By Legality

• Illegal
• Legal

By Application

• Recreational
• Medicinal

By Distribution Channel

• Vape Shops
• Specialty Stores
• Pharmacies
• Online Stores

Geographical Analysis

• U.S.
• Canada
• Mexico
• Brazil
• Argentina
• Chile
• Colombia
• Rest of Americas

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Increasing Mining Activities Fueling Requirement for Lubricants in Mining and Quarry Applications

The rapid expansion in the mining sector and the soaring requirement from various end-use industries such as iron ore mining and coal mining are pushing up the demand for lubricants for use in several quarry and mining applications. Moreover, the growing demand for mining systems in the coal mining industry and the surging requirement for coal for power production in countries such as India, Indonesia, and China will massively boost the need for lubricants in the future years.

Furthermore, the rising requirement for mineral and metal commodities will propel the sales of mining devices and equipment in the coming years. This will, in turn, push up the sales of mining lubricants in the future. Besides these factors, the rapid technological advancements and innovations, due to the rising focus on research and development (R&D) activities in several countries such as Australia, India, and China, are also fueling the demand for lubricants for use in mining and quarry applications.

In countries such as South Africa, India, Brazil, Kazakhstan, and Mexico, due to the sharp surge in mining activities, the requirement for lubricants for use in mining and quarry applications is growing rapidly. This is, in turn, driving the advancement of the global lubricants market for mining and quarry applications. Bio-based lubricants, synthetic lubricants, and mineral oil lubricants are the most extensively used lubricants in mining and quarry applications around the world.

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Out of these, the utilization of mineral oil lubricants is currently observed to be significantly high. These lubricants are produced from crude oil and are highly cost-effective in nature. On the other hand, synthetic lubricants are made by the chemical reactions of various components under precise pressure and temperature conditions. Ester oils, polyalkylene glycols, and polyalphaolefins are the most heavily used synthetic lubricants all over the world. Bio-based lubricants are produced from natural sources such as mineral oils or plants. 

Hence, it is safe to say that the demand for lubricants for use in various mining and quarry applications will skyrocket all over the world in the upcoming years, mainly because of the surging mining activities in numerous countries.

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Why is Preferred Technique in Microbial Identification Market?

Infection is one of the most common causes of diseases, and several of these infections have proved a pestilence. In the current scenario, the COVID-19 epidemic is the world’s deadliest infection, killing over 340,000 people as of May 2020, since being detected in December 2019. Due to the rapidly increasing number cases and deaths, the adopted of microbial identification methods is increasing around the world, to ascertain whether someone has the virus or not, and if not, which other microbe could be causing the symptoms.

In the coming years, the demand would increase the fastest for instruments and software, mainly as a result of the advancements in the microorganism-detecting technologies. For instance, the matrix-assisted laser desorption/ionization time-of-flight (MALDI-TOF) method is becoming widely popular, as it is cost-effective, offers faster results, and requires less amounts of consumables. In the present times, when hundreds of people are being tested for COVID-19 at individual medical centers, such cheap and quick-analysis techniques could witness a swift rise in demand.

In the coming years, Asia-Pacific (APAC) would observe microbial identification market growth at the highest rate, on account of the rising incidence of infectious diseases here, primarily due to the booming population of the elderly. 

This is simply because of the high prevalence of infectious diseases around the world, most of which are easily communicable to healthy people. Therefore, the infections need to be identified and treated as quickly as possible, to check the spread to other people. Similarly, food and beverage testing is also a prominent sector where microbes need to be detected. This is because of the stringent quality guidelines imposed on food and beverage companies, such as by the Food and Drug Administration (FDA). These policies, coupled with the increasing awareness of people about food contamination, are leading to an increase in the adoption of microbe testing methods in this sector.

Therefore, due to the rising menace of infections, presently COVID-19, as well as the expansion of the biotech, pharma, and food and beverage sectors, the adoption of microbial identification methods will keep rising.

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Asia-Pacific Witnessing the Dawn of Electric Cars and Green Mobility

 As the air quality deteriorates and the prevalence of various lung diseases increases in the Asia-Pacific (APAC) region, the attention of governments, regulatory authorities, policymakers, and citizens is finally shifting toward the elephant in the room, that is, the large-scale usage of fossil-fuel-powered vehicles for both personal commuting and transportation of goods. The harmful emissions released from these vehicles are one of the major causes of air pollution and the rapid environmental degradation.

To combat the situation and make the air in urban areas breathable again, governments of several APAC countries are implementing policies aimed at promoting the deployment of eco-friendly modes of transport, such as electric cars. This is, in turn, fueling the advancement of the Asia-Pacific electric car market. For instance, as per industry experts, sales of electric vehicles grew in India by 32.0% or from nearly 576,000 units in 2018 to more than 760,000 units in 2019, among which 2,000 were passenger cars.

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Apart from the huge government funding and support, the rising public awareness about environmental degradation (deteriorating air quality), especially in tier-1 cities, is fuelingthe surge in the sales of electric vehicles in the country. Even summers often seem like winters, with grey skies and weak sunlight, due to the haze that envelops the major cities. Several reports have ranked certain Indian cities at the top of the list of the most-polluted ones in the world.

Electric Car Usage Highest on Chinese Roads in Asia-Pacific

In the APAC region, the sales of electric cars are currently the highest in China. Japan, South Korea, and India are the next biggest users of electric cars in APAC. The share of small electric cars is presently significantly high out of all the electric cars being sold in the region. This is primarily because of their high affordability and the cost-sensitive purchasing behavior of the people in the regional countries. Backed by the implementation of favorable government policies regarding the deployment of electric cars and the reducing prices of the batteries, the electric car industry will register huge expansion in the coming years.

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Hence, it can be said with utmost confidence that the sales of electric cars would shootup in Asia-Pacific (APAC) in the forthcoming years, primarily because of the escalating pollution levels in APAC countries due to the large-scale usage of oil- and gas-powered vehicles.The rapid implementation of favorable government initiatives and subsidy policies forthe utilization of these vehicles is further expected to make them popular among the masses.

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