In more recent times, there has been a push toward developing renewable energy sources, carbon-neutral initiatives, and an integrated life-cycle that would develop and implement digitalization strategies to enable carbon reduction and accountability. The chemicals industry has been at the forefront of innovation, developing chemicals and materials to enable breakthrough technologies and the transition to a low-carbon economy.Continue reading
Consumer Markets for Pesticides and Fertilizers is a comprehensive analysis of market segment sales in the United States. This webinar will provide insights into consumer behavior when shopping for home use pesticides and fertilizers including brands, suppliers and retail outlets.Continue reading
Recently, in Europe and Japan there have been increased Rx-to-OTC switch approvals and an environment fostering switch. The OTC men’s health category is growing in Europe, with the switch approval of Recordati’s Fortacin (lidocaine 7.5mg/prilocaine 2.5 mg) spray for premature ejaculation, via the centralized switch procedure through the European Medicines Agency. This drug marks the fifth medicine approved for switch through this centralized regulatory body, and it is expected to be launched throughout the EU on a nonprescription basis by early 2021.
The market of ingredients for household, industrial, and institutional (HI&I) cleaning applications is going through changes across all regions of the world. Innovation in dosage forms, increasing disposable income in developing countries, increasing importance of the green movement, and environmental regulations are some of the key trends driving those changes. Herewith, we are highlighting some early findings from our HI&I study, scheduled to be published in Q4 2020. In this blog, we will focus on the United States, Europe, and China. Our next blog will cover the remaining regions included in the study: Brazil, India, Southeast Asia, and the Middle East. So keep an eye on our website’s blogs section: https://klinegroup.com/category/chemicals/
In 2019, Brazil was the world’s second-largest pesticides consumer, only behind China, and followed by the United States. The Brazilian agrochemical market is primarily controlled by large multinational groups such as Bayer/Monsanto, BASF, Corteva, Syngenta, and Adama (under parent company, ChemChina).
In Brazil, the industrial vegetation-management (IVM) market is defined by those segments where only non-agricultural products are applied. These pesticides (generally herbicides) are intended for use in areas where there is no cultivation, such as railways, highway margins, electrical substations, pipelines, airport runways, and industrial yards, among others. However, these chemical compounds cannot be applied in urban areas.
The hair tools and appliances market has finally been bitten by the Artificial Intelligence (AI) bug. Continue reading
The restaurant industry has been one of the hardest hit by the coronavirus pandemic, with government shutdowns leading to an estimated 8 million unemployed restaurant workers and thousands of temporary and permanent restaurant closures. Yelp estimates that approximately 16,000 restaurants have permanently closed due to COVID-19 lockdowns, and some project that the industry lost as much as $80 billion in the first two months of shelter-in-place orders. Continue reading
Two-wheelers are a popular means of transportation in developing countries because of their low ownership cost and fuel-efficiency. In the long term, two-wheeler market will continue to grow despite a temporary disruption in 2020 amid COVID-19 driven by access to credit and financing. E-commerce and bike taxis will also give a forward push to this market. However, some factors, such as the increasing electric two-wheeler population, restrictions on two-wheeler usage in China, a move toward cars in developing countries as a result of economic growth change the way the market develops.Continue reading