6 Takeaways From the ICIS World Base Oils and Lubricants Conference in London
The recent ICIS World Base Oils and Lubricants Conference in London provided a platform for industry leaders to share crucial insights and discussions. The Leadership Keynote Sessions featured distinguished figures such as Artis Brown from ExxonMobil, Aldo Govi from Infineum, and Ravi Chawla from Gulf Oil Lubricants India, focusing on critical topics. The event also highlighted the industry’s commitment to diversity with the empowering Women in Base Oils & Lubricants Get-Together.
Vegetation Management Trends: Increased Sales Despite Reduced Volume Demand
The global market for industrial vegetation management pesticides, including herbicides, insecticides, algaecides, and plant growth regulators, has experienced significant market fluctuations recently. These include products used to manage vegetation on range and pastureland where cattle graze, forests, aquatic areas, electric utilities, and pipelines, along with roadways and railroads. Since the pandemic, the market for IVM pesticides has experienced sharp fluctuations in the costs of raw materials, and therefore, passed on steep price increases to their customers.
The Rise and Reset: The Transformative Journey of Professional Skin Care
In the ever-evolving landscape of professional skin care, the market’s fortitude is clear, showcasing in 2023 a healthy 9.3% growth rate, which is projected to sustain the momentum over the next five years, according to Kline’s latest Professional Skin Care Global Series research. Although this represents a more measured ascent compared to the remarkable surges witnessed in recent years, it aligns with the trajectory of pre-2020 growth patterns, which was strong to begin with.
Opportunity Knocked in Miami at Cosmoprof North America 2024
Cosmoprof North America’s debut in Miami was filled with entrepreneurial spirit and excitement from hundreds of domestic as well as international hair care, skin care, nail care, and device companies. The exhibit floor was particularly vibrant, with a significant presence from Latin America. Attendees were global in nature, coming from as far away as India to seek out new hair products to share with salons.
Thriving Trends at ACI’s Biostimulants Europe 2024
The recent ACI’s Biostimulants Europe 2024 conference was a great success, drawing a large crowd of industry leaders, researchers, scientists, and professionals from the biostimulants sector. Those attending included Aneesa Moolla, Project Manager of our Agrochemicals practice, who delivered a compelling presentation on Biostimulant Market Trends and Outlook.
Which Trends Are Accelerating Growth of Professional Wet Wipes and Dry Wipers?
The market for professional cleaning wet wipes and dry wipers has witnessed strong growth, consistently up over a 6% CAGR in recent years. Demand for such products is expected to continue strengthening over the next several years, as wipes are an easy tool that cleaning professionals and building occupants will use regularly to maintain clean and safe environments. Several key trends are driving the sustained growth of professional cleaning wipes, including:
Crop Protection Industry in Flux: Large Fluctuations in Supply & Demand and Consolidation Impact the Industry
Post 2020, after global supply chain disruptions, the leading agrochemical distributors stockpiled herbicides, insecticides, and fungicides to ensure adequate supply in 2021 and 2022. Prices in 2022 were up considerably, driven by inflation and higher costs of sourcing materials and shipping.
Sustainability is a Litmus Test for Robustness of the Overall Strategy
Compared to 10 even 5 years ago, there is a well-established consensus that incorporating and integrating sustainable strategies for a stronger, more ethical future is non-negotiable. And while industry accepts the need for a more sustainable and environmental future, the challenges for businesses and corporations are considerable when it comes to converting this sentiment into action.
Top 5 Mosquito Control Trends in the United States
Kline & Company’s Agrochemicals practice recently updated its research on specialty pesticides used for municipal/government mosquito control. This research is based on structured surveys with mosquito abatement districts and mosquito vector control professionals around the United States. Our Director of Agrochemicals, Laura Mahecha, runs through the top five trends the findings show.
Cosmoprof India 2023: Professional Beauty Brands Tapping Into India’s Boom
The India market presents a lucrative opportunity for beauty brands, driven by a growing middle class, increasing disposable income, and rising consumer interest in beauty and personal care. Demand for international brands and high-quality products has created a favorable environment for beauty brands, particularly in the professional sector, to expand their presence in India.