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How companies can navigate the future of lubricants amidst evolving demand, technological advances, and environmental goals. The global basestocks industry is at a pivotal juncture, with significant changes in finished lubricant demand reshaping the market landscape. Although the volume growth for finished lubricants is limited, value growth prospects are promising due to evolving quality levels.
In the realm of agriculture, the shift toward sustainable and eco-friendly practices is taking place slowly but surely. The biopesticides industry, at the forefront of this shift, is witnessing unprecedented growth, driven by an increasing demand for organic produce, stringent regulations on synthetic pesticides, and the global push toward environmental sustainability. This article delves into
Despite an overall decline in salon retail sales, the latest data from Kline PRO reveals pockets of growth over the past four quarters, ending in Q1 2024. Some of the larger brands are finding growth opportunities through new sub-brands such as Wella with its successful Ultimate Repair range. Meanwhile, smaller brands are also making meaningful
On its way to reaching $3 billion, the U.S. consumer hair tools and appliances market shows no signs of slowing down. This market is nearly double the size of Europe, which is valued at $1.6 billion in 2023, according to Kline + Company’s latest data. Relentless innovation from leading brands and the launch of affordably
By Krithika Shekar and Ruella Menezes Methanol’s versatility makes it an attractive option for today’s energy challenges. One of its key advantages is its ability to remain liquid at ambient temperatures and pressures, simplifying storage, transport, and distribution. Moreover, methanol can easily integrate into existing fuel infrastructure and blend with conventional fuels, minimizing the need
In the rapidly evolving industrial landscape of Latin America (LATAM), the demand for high-performance and environmentally friendly lubricants is on the rise. This shift is largely driven by stringent environmental regulations and the industrial sector’s pursuit of efficiency and sustainability. A recent discussion among industry experts shed light on the current trends and opportunities in
India is at the forefront of the professional beauty industry growth, driven by the rise of e-commerce platforms such as Nykaa and Amazon India, the proliferation of high-end salons and spas, significant foreign investments, and local brands gaining international recognition. Between 2018 and 2023, sales in the professional hair care segment increased by over USD
The professional hair care industry has been undergoing a major shift in product sales. Over the last few years, even traditionally conservative players have begun selling their products to consumers through both online and offline retail channels.
Sustainability has emerged as a pivotal force within the personal care industry, driven by a combination of increasing consumer demand, tightening regulations, and advancements in technology. This shift toward environmental stewardship is significantly influencing market trends and the development of new products. As the preference for eco-friendly products grows among consumers, companies are increasingly motivated
Glyphosate, a widely used broad-spectrum herbicide, has been under assessment by the Mexican government as part of a broader strategy to promote sustainable agriculture and protect biodiversity. Initially, Mexico committed to phasing out glyphosate by March 31, 2024, following a decree set in 2020 and revised in 2023. The 50% reduction in glyphosate imports in
