There have been a number of developments over the years in the biocides industry from regulatory clampdowns through to consolidations and divestments. This year we witnessed a record investment with the acquisition of Lonza Specialty Ingredients for US$4.7 billion a 13x EBITDA multiplier.
Regulations (mainly REACH, CLP, and BPR) have been changing the face of biocides in Europe over the last two decades and will continue shaping the market in the coming years. Some substances, such as OBPA (oxybishpenoxarsine), have been completely banned for years, while others, such as formaldehyde releasers, isothiazolinones, zinc pyrithione, zineb, and propiconazole, are currently facing regulatory pressure and uncertainty. All substances that are under close watch could see the appearance of a concentration limit, leading to a de facto phaseout, or it could be simply banned for use in all or several given applications.
Empty hard capsules (EHCs) are an effective alternative to the traditionally used tablet dosage forms in the pharmaceutical and nutrition industries. Despite having some disadvantages, such as higher costs and advanced technical requirements for manufacturing, hard capsules provide better dosage options for hygroscopic drugs, greater patient compliance, and are versatile dosage forms. Consequently, hard capsules were the second-leading oral solid-dosage form worldwide in 2020, after tablets. To learn more immediately read our recent article on how COVID-19 impacted Empty Hard Regional Markets.
Empty hard capsules (EHCs) are an effective alternative to the traditionally used tablet dosage forms in the pharmaceutical and nutrition industries. Despite having some disadvantages, such as higher costs and advanced technical requirements for manufacturing, hard capsules provide better dosage options for hygroscopic drugs, greater patient compliance, and are versatile dosage forms. Consequently, hard capsules were the second-leading oral solid-dosage form worldwide in 2020, after tablets. Continue reading
At Kline, we have been closely monitoring the impact of COVID-19 across the industry. At the same time, we are following the news on acquisitions and consolidations, including the recently announced potential sale or IPO of Diversey.
The household, industrial, and institutional (HI&I) cleaning chemicals market is an area of great potential for chemical suppliers. The growth in sales of cleaning products and thus ingredients consumption in household cleaning products is soaring during the COVID-19 pandemic’s phase of extreme sanitization. Globally, the household segment dominates this industry with more than a 77% share in ingredients sales value. Convenient formats, including more sustainable products that obtain efficient results, drive demand and future development of this segment.
During 2020, virtually every industry and every aspect of how we live, work, and communicate was thrown into disarray due to the COVID-19 pandemic. The necessity to respond to the global crisis with tech-savvy, relevant, and timely solutions was a catalyst that sparked the rapid development and implementation of evolutionary trends on a scale we’ve never seen before.
With 2020 almost over, we want to part with it on a positive note by reflecting on these progressive, dynamic trends and how they will come together to help us “rebuild better” post-COVID-19.Continue reading
As the world continues to grapple with the COVID-19 pandemic, the global economic outlook is also uncertain. One thing that is certain is that even under lockdown, people will continue to use essential personal care products. For that reason, these types of products will be less affected.
There will also be sharp levels of growth in some essential product categories, such as hand sanitizers and liquid soaps, as they are now needed more than ever. However, there are many products that are not as buoyant. Ingredient groups, such as ultraviolet absorbers, pigments, and hair fixative polymers, which are used in sun care products, makeup products, and hair styling products, respectively, could be the hardest hit.
As COVID-19 continues to have a negative impact on the personal care industry, conditioning polymers are expected to be among the least-resilient ingredients in the category.
Losses within the personal care industry are expected to vary from one product category to another. For example, demand for soaps, hand and body lotions, and hand sanitizers is expected to grow during the pandemic as the importance of hygiene increases. Similarly, demand for oral care products is not expected to be impacted, as people will continue to use them regularly. On the other hand, demand for hair styling products is expected to decline.