Escalating Demand from Automotive Sector Fuels Fiberglass Market

The global market for fiberglass is anticipated to demonstrate a steady growth in the forthcoming year, as reported by Transparency Market Research (TMR). The market’s vendor landscape is features a handful number of prominent players driving the market. Vendors are forecasted to focus on adoption of advanced technology for development of high performing and high quality products, as demanded by consumers. Market participants are additionally seen investing heavily into the research and development of innovative products in order to enrich their product portfolio, and gain strategic advantage over their competitors. Key vendors operating in the global fiberglass market are Shandong Fiberglass Group Co. Ltd., Taishan Fiberglass Inc., Chongqing Polycomp International Corp., Zibo Zhuoyi Fiberglass Material Co. Ltd., and Owens Corning. 

In 2016, the global fiberglass market was estimated to stand at US$7.21 bn. With a steady 4.7% CAGR from 2017 to 2025, the duration of forecast, the market is envisaged to reach US$10.8. 

Among the application segments, the automotive industry held more than 25% share of the market in 2016, and the trend is expected to percolate over the forecast duration. As the application segment finds exhaustive use in fiberglass, the automotive sector is predicted to retain its dominance over the coming years. 

Among the geographical divisions, North America held a leading position in the global fiberglass market, with over 30% of the market share. The U.S. in North America is touted to be the key country acting as a driving force of this regional market, on account of the presence of established companies in the region. 

High Adoption of Glass wool in Construction Activities to Propel Market

Glass wool is predominantly used in applications of thermal and electrical insulation in the building and construction industry. Glass wool is applied on the attic of the structure which helps maintain as steady temperature inside the building. The market is expected to rise due to increased spending on infrastructure in both developed and developing countries. Additionally, new end use of fiberglass due to its intrinsic properties of lightweight and high strength are being discovered regularly. Fiberglass composites are extensively used in many building applications such as roofs, walls, panels, windows, and ladders. The rise in use of fiberglass in consumer durable products and electronics products is expected to further fuel the fiberglass market over the forecast period. 

Demand for Energy Conservation to Provide Rich Growth Opportunity

As the significance of renewable energy is being identified across the globe, hefty investments are currently being made towards the installation of new wind turbines. In the residential construction segment for insulation, fiberglass is extensively used to maintain a consistent temperature, which resultantly allows improved comfort and air quality, curtails energy consumption, protects from fire and makes buildings sound proof. All these factors are providing an impetus to the growth of the global fiberglass market in the forthcoming years. 

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High Demand from Automotive Sector to Stoke Sales

The use of fiberglass in automobile manufacturing is surging on account of the emergence of stringent standards for emission set by regulatory authorities such as the U.S. EPA and EEA. With fiberglass becoming a key component used in body of vehicles, its demand is surging significantly all over the world. The brisk rise in the demand for new vehicles is additionally expected to aid the growth of this market over the forecast duration.

Powered by North America and Europe, Food Ingredient Sterilization Market Expected to Rise at 4.2% CAGR

Prominent participants in the global market for food ingredient sterilization are Sterigenics International LLC, Balchem, Inc., Safe Spice, Croll Reynolds, and Wenda Ingredients. Some of them are into specialty products in the domain of healthcare and food and beverages industries.

In a report on the market by Transparency Market Research, it is stated that it would likely rise at a steady 4.2% CAGR over the course of the forecast period starting from 2016 and ending in 2024. At this rate, the market which was worth US$326,069 mn in 2016, would likely become worth US$452,046.9 by the end of 2024.

There are quite a few methods adopted for food ingredients sterilization. Those include usage of heat, radiation, moisture, and others. Currently, the heat-based sterilization is seeing maximum uptake for increasing the shelf life of products. It prevents contamination. Further, to thwart toxin production inside a container in a store or while being transported, the producers of packaged food often resort to microwave-assisted thermal sterilization technology. From a geographical standpoint, Europe and North America lead the market because of the strict regulations on food safety and also the massive demand for packaged food in the region. The region is being mainly powered by Canada and the U.S.

Numerous Food Poisoning Cases Promote Uptake of Food Ingredient Sterilization

Several cases of health issues resulting from contaminated food has stoked the market for food ingredient sterilization. Those include numerous food poisoning cases. Apart from causing inconvenience to consumers they also affect the image of a company. In order to avoid such problems, companies are seen increasingly resorting to food sterilization. The process not just serves to stamp out harmful bacteria in the food but also prolong their shelf life. Further, it helps companies avoid protracted and costly legal battles on account of undercooking, improper processing, and contamination. 

Yet another factor leading to swift uptake of food sterilization is its ability to supplant preservatives and other processing agents. In comparison to them, sterilization is relatively harmless. Adds the lead analyst of our report, “Sterilized foods contains negligible food-borne pathogens and thus can significantly reduce instances of food poisoning. It also enables to reduce the usage of processing methods and agents.”

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Lack of Awareness about Food Ingredient Sterilization Hampers Market

Despite such benefits, not many are aware of the benefits of food ingredient sterilization and this is hampering revenue growth to a degree. In addition, lack of trained personnel to carry out the procedure in an appropriate manner and malfunction of equipment is also a drawback dragging down market growth.  

Nevertheless the market is expected to rise steadily in the next few years on the back of constant product development. With more sophisticated food ingredient sterilization equipment being launched from time to time, new growth avenues will open up. A noticeable trend in the market is savvy players setting their gaze upon emerging economies of Asia Pacific such as India and China. With their large populations, they spell major opportunities

Vegetable Carbon Market Opportunities, Applications, Drivers 2027

Vegetable carbon, also known as carbon black or activated charcoal refers to an insoluble black powder that is obtained from carbonized wood. The natural substance is popular as an organic food colorant or a supplement and is often used in baked products, ice creams, icing, and confectionary products. Supplements made from vegetable carbon have been tested positive in the treatment of several intestinal diseases, bloating, and flatulence owing to their excellent absorption properties. The substance is approved for use as a color additive in Canada and Europe but is banned by the U.S. FDA for use in the country.

Western Europe Market Takes the Lead

From the perspective of consumption, the market for vegetable carbon in Western Europe is presently the leading regional market, accounting for a significant share in the overall market owing to the steady demand for food colorants in the region. The high consumption of processed meats and a variety of other food products and beverages in the region is also expected to work in its favor over the next few years. Asia Pacific also accounts for a significant share in the overall market owing to the massive rise in consumption of processed foods and beverages across emerging economies in the region in the past few years. The scenario is likely to remain unchanged over the next few years as well, with Western Europe and Asia Pacific markets collectively accounting for a lion’s share in the overall market.

Listed below are a few aspects associated with vegetable carbon: 
Baked Goods Provide Very Low Quantities of the Substance: On an average, 15-20 grams of vegetable carbon is used in the preparation of baked goods from one kilogram of flour. This provides the body with very less quantities of vegetable carbon to allow it prove beneficial for the body; it is estimated that the substance has beneficial effect, in condition such as excessive postprandial flatulence, for instance, on the body when it is consumed in at least 1 gram dosage nearly 30 minutes before and shortly after a meal.

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EFSA Authorizes its Use in Food Products: The substance was authorized as a risk-free additive in food products in 2012. Thus its use is frequent in European baked products and cuisines and the global vegetable market continues to acquire a large share of its revenue from the European market.
Special Labels Required for Foods Containing Vegetable Carbon: Despite the substance being approved as a color additive in a number of countries, a general exclusion of any variety of dye in pizza and bread is expected from the consumer. Thus it is more of a necessity to market goods containing vegetable carbon under the name of fine products. Moreover, in cases when the product is only used as a color additive, it is not allowed to boast its beneficial effects for the body.

Vegetable Carbon Makes Medications Inaccessible: As vegetable carbon possesses the ability to bind anything that is passing along the digestive canal, even if it is nutrients such as minerals and vitamins or medications, the substance makes these entities inaccessible for the target body part. Thus this anti-nutritional action of vegetable carbon could work against the growth prospects of the market to a certain extent in the next few years.

Synthetic Textile Fibres Market Gaining Immense Popularity Due to Cost Effectiveness

Textile fabrics that are made by man and don't exist on their own are known are called as synthetic textile fibres. Rayon, olefin, spandex, nylon, lyocell, polylactide, lurex, luminex, ingeo, acrylic, aramid, polyester, tencel, acetate, are a few of the commonly used synthetic textile fibres. Synthetic fibres have come into existence because of the unrelenting and deep researches that many scientists conducted in the recent past. They are manufactured mainly by extrusion. When synthetic fibres were not into use, textile fibres were manufactured from cellulose that is derived from plants. Also, it is mandatory for textile manufacturers to give every detail of the textile content while labelling their products. The information provided is then forwarded to test textiles in different scenarios and to check if they meet the safety norms.

Top Reasons why Synthetic Textile Fibres are Gaining Popularity:

1) In comparison to the naturally existing fibres, synthetic textile fibres are more frequently used and globally account for around 50% of the total fibre taken into use. 

2) Synthetic textile fibres have a wide application and are used in many fibre and textile technology fields. 

3) Synthetic fibres have certain properties that make them ideal in the making of a dress material hence they are of great importance for the fashion industry. 

4) As they do not rely on agricultural crops, synthetic textile fibres are available in surplus. 

5) A few of their important properties consist of stain resistance, can be easily dried, easily washable, and they also offer resistance against flies. 

6) The ability to last long and cost effectiveness are also behind high adoption rates. 

Bio-fibres to Create Growth Opportunities for Synthetic Textile Fibres Market

There are certain factors that have a negative impact on the synthetic textile fibre market like synthetic fibres catch fire easily, also they melt fast, are harsh on the skin due to which they cannot be worn beyond a limit. The scientists today are trying to develop biofibres for reducing the reliability on synthetic textile fibres and thereby minimize the pressure on oil resources so that they can fight against the disadvantages that the synthetic textile fibres have. 

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North America Leading in Synthetic Textile Fibres Market

The most dominant region is the North America for the synthetic textile fibres market because of the high requirements as well as high manufacturing of synthetic fibres in this region, and it is followed by both Europe and Latin America. This market is predicted to mature in the time to come because of restrictions pertaining to the environment as well as increase in the usage of green fibres in this region. Hence, players in this market are predicted to concentrate on the Asia Pacific market because of less restrictions and growing requirements.

Cost Effectiveness of Solar Cookers Market Driving Demand

In the recent past there has been an increased awareness regarding the uses of renewable energy as well as the varied usage it has in daily activities that has led to boosting the solar cooker market's growth, states Transparency Market Research (TMR). It is proven that solar energy is capable of generating energy, plus because of the rising growth in the Solar PV market, there has been an increase in the usage range of the solar energy. Solar cookers are high in quality and are very helpful in stopping the nutrients from leaving the ingredients of the food. 

Factors Boosting Growth of Solar Cooker Market:

Solar cookers are not bulky and because of this they can be retailed without any obstructions. 

Heavy expenses are often a big reason that slows down renewable form of energies but the same is not applicable in the case of solar cookers as they are cost efficient and so their prices never come in the way of their growth.

Using these cookers does not incur heavy maintenance charges, which further attracts more and more customers to purchase them.

The making of solar cookers does not need a high investment either which also makes it a lucrative opportunity for its manufacturers.

The prices of liquefied petroleum gas as well as natural gas has been growing across the globe, which has created a stable requirement for substitute fuels for domestic reasons. 

Using solar cookers minimises the usage of fossil fuels noticeably along with preserving energy in the long run.

The rural places in the regions of Latin America and Asia Pacific are the future markets for solar cookers. The rural regions also rely to a great degree on liquefied Petroleum gas also known as LPG, dung cakes, as well as firewood to cook and for other daily household activities.

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Solar Box Cooker Witnessing Highest Demand 

On the basis of the way in which they are constructed, they are broadly divided into solar panel cooker, solar parabolic cooker, and solar box cooker. Presently, it is a solar box cooker that is most widely available in the market as solar box cooker has a larger life while requiring little to no attention while being operated, along with being safe. A solar panel cooker includes a pot or a pan that is covered with either plastic or glass that nestles on a reflective panel and the reason behind this is to improve the concentration of the rays of the sun that ultimately leads to better performance of solar panel cookers. The third type, which is the parabolic solar cooker, have the capacity to sustain and generate comparatively higher cooking temperatures than both the panel or box solar cookers. The parabolic solar cooker are mainly taken into use for purposes like frying, grilling. However, one disadvantage of parabolic solar cookers is that they require attention as they need to be adjusted accordingly in order to get the best out of them.

Organic Salt Market Expands Alongside Growth of Food Industry and Health Conscious Customers

The global market for organic salt is expected to expand on account of the momentous growth of the food industry. The growth of the food industry can be gauged by the amount of sub-domains that have emerged in the overall food and beverages sector. Organic salt refers to certified table salt that does not contain additives such as iodine or anti-caking agents; the scientific name of organic salt is sodium chloride. Salt is an indispensable ingredient of almost all food recipes, thus, creating a huge consumer base for the global organic salt market. The growth of the food and beverages industry has created commendable growth spaces within the global market. Furthermore, the availability of unadulterated organic salt has persuaded the common masses as well manufacturers of foods to resort to the usage of organic salt. The demand for organic salt is felt across households as well as the food chain industry, which further popularises it. The emergence of multiple distribution channels for the sale and purchase of organic salt has also created growth spaces within the global market. Availability of organic salt across retail shops has also clocked in demand within the global market. 

This blog is written after a deft scrutiny and analysis of the global market for organic salt. Multiple forces operating in the global organic salt market have been studied and analysed within the blog. Each assertion or statement made in the blog is backed with key proofs and trends prevailing in the market. 

1. Benefits of Organic Salt

The skyrocketing demand for organic salt can be attributed to the advantages and medical significance of this form of salt. Organic salt is extremely useful for patients suffering from heart diseases as it helps regulating heart beat as well as the blood pressure. Furthermore, it also facilitates better functioning of the lungs by clearing congestion inside nasal passages. Hence, the market for organic salt is expected to expand at a handsome rate over the forthcoming years. A large population of people is affected by diabetes, and hence, the ability of organic salt to regulate blood sugar levels is also expected to drive market demand. 

2. Regional Analysis

The demand for organic salt has been escalating a boisterous rate across North America. The growing health consciousness amongst the masses in North America coupled with the high incidence of cardiovascular diseases has led to the growth of the regional market. Besides this, the large population in India and China has fortified the market for organic salt in Asia Pacific. 

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3. Market Vendors

The market players operating in the global market for organic salt are expected to resort to novel marketing strategies in order to outdo competitors. Some of the key players in the global market for organic salt are SaltWorks, Inc., Salt of the Earth Ltd., Suhail International, and Dominion Salt. 

Industrial Coolants Market Witnesses Increased Focus on R&D Activities Concerning Nanofluids

Industrial coolants are a variety of fluids that are used for heat transfer in systems that undergo massive changes in temperatures often and require cooling down to save them from eminent mechanical breakdown and failure. In automobiles, if oil is considered the lifeblood for the engine, a coolant is like water that helps the body dispel heat. Coolants are thus of critical importance in a number of industries for products, processes, and systems that undergo or maintain heavy-duty machining operations such as cutting and drilling.

The global market for industrial coolants is expanding at a significant pace and is witnessing a vast rise in the number of innovative products being introduced to cater to a variety of applications. The market is expected to exhibit an impressive growth pace in the next few years, with demand remaining high across emerging economies in regions such as Asia Pacific and Latin America that have witnessed a steady rise in industrialization activities in the past years.

Given below is a list of trends that have majorly affected the scope of development of the global industrial coolants market in the past years:

Rising Demand from the Thriving Global Automotive Sector: The automotive industry is one of the present times most lucrative and promising consumers of a variety of industrial coolants. Owing to the cut-throat level of competition in the market, automotive companies are putting in their best efforts to bring forth the best vehicle designs according to aspects such as fuel consumption, performance, safety, and aesthetics. The heat exchangers found in vehicles in areas such as AC evaporator and condenser, radiator, and charge air cooler play a critical role in the overall weight and also the design of the vehicle’s front-end module, which plays a key role in the aerodynamic behavior of the vehicle. Owing to this factor, the choice of coolant for the industry is an important decisive factor when it comes to how the vehicle will fare in consumer markets in longer runs.

As the automotive industry expands at an impressive pace across the globe, especially across emerging economies with the rising population of affluent middle class people, the focus on development of effective coolants suitable for popular vehicle types has also increased. This factor is expected to continue to remain a key enabler of healthy growth for the global industrial coolants market in the next few years.

Increased Focus on Use of Nanofluids for More Effective Product Varieties: Research in the field of nanofluids as potential heat transfer fluids has significantly increased in the past few years. Owing to active R&D efforts in the field, a number of highly efficient nanofluids with improved thermo-physical characteristics and heat transfer performance have been introduced in the global market in the past few years. Many research bodies have actively dived into the analysis of heat transfer enhancement that the use of nanofluids can lead to. 

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A number of coolants containing nanoparticles have demonstrated interesting characteristics during experiments concerning their use in vehicle radiators. Nanofluids have demonstrated good potential when it comes to the improvement of heavy-duty engine cooling rates in vehicles by improving the efficiency of cooling, bringing down the complexity of thermal management, and reducing the weight of the vehicle.

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