Beauty Trend Foresight: 2024 and Beyond
Watch our webinar on the future of beauty, exploring the pivotal role that social platforms play in the emergence and continuity of trends.
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Watch our webinar on the future of beauty, exploring the pivotal role that social platforms play in the emergence and continuity of trends.
The global automotive and mobility industry is on the cusp of a major transformation, driven by sustainability, changing consumer behavior toward car ownership, connected and autonomous driving, and vehicle electrification.
The dynamics of the world economy are impacting the global market for marine lubricants, presenting both challenges and potential opportunities.
The ongoing evolution in the automotive industry is also creating new drifts and opportunities in the commercial genuine oil market.
The global wax industry saw a strong recovery from the COVID-19 crisis; however, it was accompanied with high volatility, both on the supply side and in key wax applications. The supply of waxes experienced changes as several wax-producing Group I base stock refineries closed down during the period from 2020 to mid-2023, while synthetic wax suppliers expanded their capacities.
The accelerated transition to electric mobility is driving lubricants and fluids demand in passenger vehicles. However, performance requirements for the various fluids consumed in electric vehicles (EVs) are significantly different from those used in conventional internal combustion engine (ICE) vehicles.
The pharmaceutical and nutraceutical markets are exhibiting increasingly disparate dynamics and require different success strategies. As excipient suppliers continue to look for growth opportunities while tackling industry challenges, it is crucial to understand the market segments.
While esters are common in end-use applications such as paints and coatings, adhesives and sealants, construction, food and beverages, and personal care, new applications such as Li-ion batteries are emerging and are expected to drive significant demand for esters in the future.
Overall finished automotive and industrial lubricants demand reached 39 MT in 2022 but is still below pre-pandemic 41 MT in 2019.
Surfactants have a wide range of industrial applications beyond cleaning and personal care—which get the most attention—including food and beverages, paints and coatings, crop protection, oilfield and mining, and lubricants.
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