Growth from the Ground Up: An Analysis of the Organic Fertilizers Market and Its Sustainable Solutions for Agriculture

The value of the organic fertilizers market was USD 5,864 million in 2022, and it is will advance at a CAGR of 12.1% in the years to come, to reach USD 14,622 million by 2030, as per a market research company, P&S Intelligence.

Cereals & grains held the largest share of 62.8%, and it will maintain its position in the coming years. This growth has a lot to do with, such agrochemicals are generally used in turf & ornamental plants, cereals & grains, fruits & vegetables, oilseeds & pulses, and other kinds of crops.

Moreover, the requirement for cereals & grains is also increasing since they can be effortlessly produced and gives high yields.The animal-based category had the largest share of 63.2% and the trend will be the same in the years to come. The necessity for animal-sourced fertilizers has grown quickly. The growing importance of animal-based fertilizers is the main factor pushing the expansion of the industry.

Furthermore, fertilizers produced from bone meal, animal waste, and blood meal, are rich in phosphorous, potassium, and nitrogen, which are the main nutrients desirable by plants. So, because of above benefits of animal-based fertilizers, their use is quickly surging.

The solid category had the larger market share in the recent past, and it will continue its dominance in the future. This is because of the greater ease of usage of granular-form fertilizers than the liquid ones. The solid form of fertilizers is generally used for lawn and garden uses, because of its ongoing effect and easy obtainability of raw material.

APAC had a significant growth in the organic fertilizers market, and will remain the same in the years to come. This growth is mostly credited to the increasing health consciousness amongst the broad cultivation land, customers, increasing population & growth of per capita income, and improved mechanization and irrigation competences.

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Driving the Future of Automotive Aftermarket in Southeast Asia: The Growing Dominance of E-Commerce

 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.

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North America Had the Largest Share in Leukapheresis Market

The leukapheresis market was sized at USD 71.4 million in 2022, which will power at a rate of 8.4% in the years to come, to touch USD 136.3 million by 2030.

To learn more about this report: https://bit.ly/3FDIFaP

The market is bifurcated into devices and disposables, depending on product, of which disposables held the dominating share in 2022, a situation that will likely remain unchanged. 

The growing requirement for leukapheresis disposables because of the increasing leukemia occurrence is the key driver for the industry growth. Furthermore, the correct use of a number of disposables has the advantage of lowering the danger of infections throughout blood transfusions.

Research application had the larger revenue share, about 80%, in 2022, and it will maintain its dominance in the years to come. This is generally as a result of the rising use of leukapheresis products for the creation of cell-based immunotherapies, increasing requirement for leukopaks in scientific research, and mounting acceptance of leukapheresis-derived primary cells in pharma R&D.

North America leukapheresis market had the largest share, of about 50%, in 2022, and it will grow at a healthy rate, according to P&S Intelligence. This will be as a result of the considerable R&D activities in the pharma and biotech sectors.

Moreover, the industry is developing because of the government programs for supporting healthy lifestyles and raise consciousness and the tech improvements in hematology. 

Furthermore, the development in the cancer hospitals network and blood donation and processing centers contributes to the industrial growth.

It is because of the increasing number of initiatives of the government for raising cancer awareness, the demand for leukapheresis will increase considerably in the years to come.

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Which High-Tech Paints and Coatings are Trending?

6 Trending High-Tech Paints and Coatings

Painting and coating, or we can say, paints or coatings don’t just offer color and gloss. They also offer protection, cooling, water-proofing etc. Innovation in painting industry, just as any other, happening over time, delivering effective wall paints, washable, therefore they are fairly easy to maintain. With the all the innovations taking place, and that too at a rapid pace, these can be termed as high-tech paints and coatings.

Some of these high-tech paints and coatings are trending in the industry, let us have a look at the reasons, why these are the hot favorite of the people in the contemporary scenario.

Self-Cleaning Paints

Innovations in paint technology have brought about the discovery of self-cleaning paint. This kind of paint can retain its original color for a fairly long time. This is made with nanotechnology which reduced friction on the surface. This makes it easier for dust particles and water drops to slide of easily, not leaving any stains.  

Smart-Paints

With smart paint, your wall can be turned into a touch-screen one. This has conductive nickel grid creating electrodes on the wall, which acts as a sensor for keeping a track of all the movements. This allows the walls to sense movement, comprehend commands through gestures and can be an asset for commercial spaces.  

Antimicrobial Paints

With all the latest innovations going around in the world of paints and coatings, it is a time, when paints can now be used with nanotechnology for repelling any unsafe microbes. This can be attained with the addition of silver particles to the paint killing any microbes coming in contact with it, and also keeping the walls germ-free.  

These paints can really come good, when the world is once again feeling the tightening clutches of the corona pandemic in the recent times.

Faster-Drying Paints

There is always a danger hovering around the fact that, a person might touch a freshly-painted walls and spoiling the paint. But, now, there is no need to worry about this. Researchers have introduced faster drying paint drying off quickly and save the walls from needless hand prints and other kinds of marks.

One-Coat Paints

Applying numerous coats of paint to for attaining the effect, you have always wished for. Be it smoothness or a certain kind of texture. Also, there are many resources going into this. 

With the latest innovation, painting can be made a lot easier, it has a lot to do with the introduction of one coat paint, a mixture of paint and primer products. A single-coat can make your home or office have a new and fresh feel.

3D- Paints

With new development in paint and coatings technology, the people can now use 3D visualization technology for deciding how an office or a house will look like, on the basis of the chosen shades and colors. This can save a lot of time on the part of the seller their resources despite deciding the right look.

Due to the rampant infra construction, the demand of high-tech paints and coatings will continue to grow, and will reach a value of USD 267.5 billion in the years to come.

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Advanced Driver Assistance Systems Market Will Reach USD 72.2 Billion by 2030

In 2021, the advanced driver assistance systems market was worth around USD 25.84 billion, and it is projected to advance at a 12.1% CAGR from 2021 to 2030, hitting USD 72.2 billion by 2030, according to P&S Intelligence. 

This can be credited to the growing acceptance of autonomous cars, the developing automotive industry, the increasing research and development activities mainly in emerging countries, and the increasing population globally.

Additionally, the spike in the acceptance of protection features in passenger cars, the growth in technical inventions, and governments’ extensive aid in terms of rule execution and financial reimbursements are supporting the growth of the market.

In 2021, the radar sensor category had the largest market share and is also projected to be dominant in the future as well, progressing at a CAGR of above 12%. This can be credited to its numerous aids, including the ability to recognize an object's exact location, find its velocity, calculate its distance, differentiate between stationary and mobile aims, concentrate on several targets at once, gather a lot of information, and gain data at multiple scales.

The development in technologies has been snowballing the count of connected cars. These cars are safer than standard passenger cars, as numerous systems encouraging vehicle protection are integrated within the connected cars. The industry has extended as a result of the rising customer knowledge regarding the protection and comfort of passenger vehicles with ADAS integration.

The U.S. generated the majority of revenue for the regional industry. The wide number of premium car operators, increasing count of road accidents, high research and development expenditure on autonomous vehicles, and government orders for systems including TPMS for all lightweight vehicles are the key reasons accountable for the market growth in the nation.

Hence, the growing acceptance of autonomous cars, the developing automotive industry, the increasing research and development activities mainly in emerging countries, and the increasing population globally, are the major factors propelling the advanced driver assistance systems market. 

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Automotive OTA Updates Market

If we say that we are living in a world of connectivity, then we are just saying the right thing. All of the things from our phones to our watches and vehicles are connected to the internet. In this blog, we will focus on the connected vehicles and the OTA updates, that have changed the overall driving experience. 

It is because of the emergence of connected and electric vehicles, there is a lot of potential in the automotive OTA market, and the demand for the automotive OTA updates will reach USD 13,959.5 million in the years to come

Connected cars need software upgrades as part of their usual maintenance. This is because more features depend on on regular updates. However, they are not required to go to a repair shop for these upgradations. Instead, these can be provided "over-the-air".  

With the introduction of new functionalities and increasing number of connected vehicles, software updates are to be handled securely. OTA updates enable manageable maintenance and give a chance to automakers to deliver new features hence prolonging the life. For this, OTA updates are of utmost importance in the software-powered vehicle landscape.

What can OTA Updated Do for You?

Automakers have come up with personalized in-vehicle digital experiences. The difference in user experience has a lot to do with the fact that how quickly updates can be made, issues fixed, and new features are available, along with enhanced data security. This is where OTA updates can help you big time:

Keeping the Vehicle Updated– OTA updates allow the improvements in the software of the vehicles remotely by downloading it from cloud.  Lot of time and money is saved with remote software updates, as there is no need to visit a mechanic.

Security Redefined–Connected vehicles can also be hacked like many other connected devices, so privacy is a high priority for automakers. Moreover, with more and more regulations regarding cybersecurity happening in the automotive industry, automakers ensure that the vehicle is updated through its lifetime. OTA updates can patch security gaps efficiently on an entire fleet of vehicles.

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What Do Different Industrial Scrubbers Do for You?

Scrubbers are devices using liquid for the elimination of particulate matter or gases from an industrial exhaust or flue gas stream. This liquid entrains pollutant gases and particles for effectively washing them out of the gas flow.

Wet Industrial Scrubbers

This differs from the other scrubbers because the liquid-gas association increases the level of moisture of the gas expelled from the scrubber. The increased moisture will create a visible cloud leaving the scrubber.

Dry Industrial Scrubbers

The dry sorbent used to eliminate the acid from the gas is made of an alkaline slurry. This is basic in nature and will counteract the acid in the gas. This can be mixed with thse acid gas in two ways. 

There are two types of dry industrial scrubbers. The first method is dry sorbent injection. In this, the gas is mixed directly with the alkaline sorbent.  

Another method is the spray dryer absorbent method. In this, the polluted gas is processed through a mist of the sorbent. The sprayer lets for a good mix and effective removal of the contaminants from the gas.

Electrostatic Precipitators

Furthermore, there are also wet electrostatic precipitators helping remove high moisture gases. Some chemicals that can be removed from gas are sulfuric acid. The slurry containing the bound pollutant is rotated away from the electrostatic precipitator for removal of the contaminates and uphold an effective charged surface for removal of pollutants.

The demand for industrial scrubbers is on the rise, and will reach a value of USD 8,055 million by the end of this decade. It is because of the increasing count of manufacturing facilities resulting in the discharge of several pollutants.

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