While the quality of used oil is improving and benefitting both the re-refining industry and the environment in some regions (see our recent blog, Global Used Oil: What Are the Obstacles on the Road to Sustainability?), such is not the case globally. Many countries, such as Brazil, China, India, Germany, France, and Canada, consider used oil to be hazardous waste.
Salon service revenues in the United States were up a whopping 23% in 2021 as the market recovered from pandemic-related closures.
Some of the bounce-back was expected — as calendars filled up with weddings and proms again, the need for services such as curling, special occasion hair styling, and makeup application resurfaced. Each of these services saw significant growth in both Canada and the United States. Additionally, the upcoming Kline PRO 2021 Annual Summary Report reveals other pockets of growth that reflect consumers embracing new trends and turning to self-care.
The quality of used oil is improving — a positive for both the lubricant industry and the environment. The lubricant industry’s shift toward higher-quality base oils, such as Group II and III, results in higher-quality used oil generated at the end of its service life. This, combined with better collection practices and infrastructure, gives rise to better-quality feedstock for re-refineries and improved re-refined products. At the same time, driven by the global focus on sustainability and a circular economy, interest in used oil is growing, especially with regard to re-refining it to base oils.
With the electrification of commercial fleets gathering increasing momentum, driven by market pull, sustainability initiatives, and regulatory support — and the same thing true for other transformative forces such as telematics and digitalization — the HDMO (heavy-duty motor oil) industry is in transition. Although these and other advancements have the potential to substantially reduce the consumption of HDMO, we expect to see a host of new market opportunities arise.
Salons and spas, in an effort to become more eco-conscious and offset their emissions, are partnering with companies that offer salon recycling solutions — and are recovering nearly 100% of their beauty waste in the process. With the salon industry churning out roughly 421,000 pounds of waste per day, we’re not just talking about a few empty shampoo bottles.
With India having largely recovered from the COVID-19 pandemic, many of the country’s industry sectors are booming. Synthetic latex polymers will benefit from these trends, with India — which accounts for approximately 6% of global consumption and is the fastest-growing market for SLPs — reaping the rewards.
Discover how purchase channels for I&I cleaning products have changed since the onset of COVID-19, according to a report from our KlinePULSE Industrial & Institutional Cleaning Industry Trends: Annual Service.
Electric trucks are currently enjoying the spotlight, thanks to partnerships being formed between OEMs and EV startups, automated microfactories where delivery vans and buses will be assembled by multitasking robots, and Mack Trucks’ launch of an all-inclusive VaaS program to help simplify the purchase process for its battery-electric truck. But what does this mean for EV lubricants?
At the onset of the COVID-19 pandemic, premium and luxury beauty brands began doing what was once almost unthinkable — offering their goods on Amazon, with a growing number of them now calling the e-commerce giant’s separate Luxury Stores section “home.” So why the shift in attitude and sales strategies for brands like Kora Organics, Irene Forte, Edward Bess, Clé de Peau Beauté, and a selection from The Conservatory boutique?
General Motors has announced its new online marketplace, where customers can purchase any of the company’s 45,000 repair and maintenance parts through Chevrolet, GMC, Buick, and Cadillac’s websites. Further down the road, the auto giant plans to also offer customers the option of dropping over-the-air upgrades and subscription services into their digital shopping baskets — along with electric vehicles, with shopping, purchase, and finance options on the drop-down menu.