Medical Copper Tubing Market to Reach US$ 1.2 Bn in 2018 despite Fluctuating Copper Prices: PMR

Persistence Market Research (PMR) recently launched a market study which found that the demand for medical copper tubing is increasing steadily, and the market is expected to increase by 3.5% in 2019 over 2018. The study finds that the market reached around US$ 1.2 billion in 2018, attributing to the rise in adoption of K-type medical copper tubing in hospitals, especially in developing countries. K-type tubing witness high demand over L-type tubing, finds the PMR study, reflecting one of the most important trends in the medical copper tubing market.

The study finds that the demand for medical copper tubing remained highest in East Asian counties, including China and Japan, in 2018, and this trend is expected to remain prominent in the coming future. However, as copper is one of the expensive commodities, it adds to the manufacturing cost of medical copper tubing, restricting manufacturers from introducing competitive prices at the global medical tubing industry.

Due to fluctuations in the prices of copper, which ultimately impacts the final cost of medical copper tubing, medical professionals and other end users are turning to less expensive alternatives to copper such as PEX, otherwise known as cross-linked polyethylene, chlorinated polyvinyl chloride (CPVC), or aluminum plastic composites. However, owing to the unique materialistic properties of copper, such as recyclability and reusability, the global demand for medical copper tubing will continue to remain higher than its cheaper alternatives available in the market, opines the PMR study.

Medical Copper Tubing with a Low Coefficient of Friction Remain High in Demand

Recent trends in the medical copper tubing market reflect in a burgeoning demand for tubing with a lower coefficient of friction on the either sides of the tubes in the healthcare sector. The PMR study finds that a mounting number of leading players in the medical copper tubing market are investing heavily in the research & development activities to reduce the coefficient of friction in medical copper tubing without affecting other performance properties.

The study opines that manufacturers’ strategies to reduce the roughness coefficient of medical copper tubing include the use of additives such as thermoplastic elastomers, which can enable them to improve the lubricity quotient of the tubing. By bolstering the innovation in the development of more efficient raw materials, stakeholders in the medical copper tubing market are expected to achieve smoother inner and outer surface of the tubing to meet the end users’ requirements in the healthcare sector.

Request For Report Sample: https://www.persistencemarketresearch.com/samples/29023

In addition to this, the latest trend of miniaturization is also incurring significant changes in the growth prospects of the medical copper tubing market, finds the PMR study. Market players are focusing on reducing the surface area of tubing, which can also enable manufacturers to reduce the coefficient of friction in their products. The trend of miniaturization will only grow with time in the medical copper tubing market, and this will encourage market players to launch medical copper tubing with smaller diameters to improve their profitable sales in this landscape.

High Development Agriculture Relied Upon Economies to Show Lucrative Development Prospect for Fertilizer Additives Makers

Fertilizer additives are chemicals that are utilized to give answers for the issues emerge amid storage, handling, transportation, production and application of the fertilizers. Without the utilization of fertilizer additives, it might have unpredictable shape, extreme porosity, high dampness and absence of granule stability. Its utilization tackles these issues as well as improves the presentation of the fertilizers to a degree. The real elements of fertilizer additives are to abstain from caking, to diminish dust development amid handling and production, to abstain from fertilizer wetting, to separate the items, and to give the aesthetics to the fertilizer granules.

Fertilizer additives discover application in different fertilizers, for instance, Nitrogen fertilizers NPK, DAP, MAP, KCL, PK along with sulfate amid others. Nitrogen fertilizer accounts for an extending share of the need for fertilizer additives.

The supply and demand of fertilizer additives in various regions rely upon the macro-economic components that are influencing the market. Also, the moving of the need for conventional fertilizers to advanced and improved fertilizers could be credited to the increasing need for food and accessibility of less farming areas. The market has seen various mergers and expansions. Huge players in the market are attempting to push the items in the market by collaborations and agreements with different market players. The producers are likewise discovering the undiscovered market through joint ventures. Various developments have likewise been found in the market which depicts expanding the need for fertilizer additives. Quickly developing markets, for example, India and China, are the development centers for fertilizer additives.

On the other hand, its utilization makes fertilizers costly than manures with no fertilizer additives. Additionally, less awareness among the producers from emerging nations regarding advantages of the fertilizer additives might go about as constraining aspects for the market development. Likewise, the expansion in sponsorships given by governments of different nations on conventional fertilizers might go about as a constraint factor for the market development of the fertilizer additives.

The worldwide fertilizer additives market is divided by the existence of not many huge players and numerous small producers. Regardless of this, topmost makers in the market accounted to account for in excess of a fourth of the worldwide market share for fertilizer additives. Local markets for fertilizer additives have diverse situations as far as distribution and supply of fertilizer additives. Whereas a lot of fertilizer additives made are exported by APEJ. The majority of the fertilizer additives are manufactured in North America and are expended inside the area with the rest is traded toward South America.

To know more about this market, request a sample@https://www.futuremarketinsights.com/reports/sample/rep-gb-6818

The regional markets have various neighborhood makers that are occupied with the sales of fertilizer additives. Such small producers are altogether recorded under the segment of Tier 3 in the worldwide market. The huge producers holding a huge share in the fertilizer additives market are recorded under the Tier 1 segment of the worldwide fertilizer additives market. The rest of the players are recorded under the Tier 2 class

Natural Antioxidants from Organic Sources: Is More Really Merrier?

The golden period for packaged foods with low nutritional values seems to nearing its end, as the world is making a move back to the age-old healthy-eating praxis. A rapidly-multiplying number of health-conscious consumers are trusting the tried-and-tested ways to add more nutrients in their daily diet by developing a propensity for natural food ingredients; natural antioxidants are no exception.

The global sales of natural antioxidants increased at a compound annual growth rate of ~5% between 2014 and 2018, generating the revenue of around US$ 1.6 billion by 2018. Though consumers are inclining towards the old-fashioned way of getting more nutrients, the change is not limited merely to the shift from synthetic to natural antioxidants. Today’s consumers do not simply want natural antioxidants; they want high-quality natural antioxidants, which is driving them to weight organic variants higher than the conventional ones.

Consumers’ appetite for more and better nutrients is fueling innovations not only in the food industry but also in the cosmetics industry, as the demand for organic cosmetics has reached a new high in the past few years. But is the belief ‘organic is better’ really valid in case of antioxidants? Are stakeholders from the natural antioxidants industry sleepwalking into this new, potentially ephemeral trend?

Sales of Organic Antioxidants Grow as Price Becomes a Secondary Concern

Health concerns among the modern consumers have diverted their attention from price tag to the ingredients list on the product they are willing to purchase. Health concerns have grown tremendously, and consequently, the sales of organic food products are growing at an impressive rate despite their high prices over their conventional counterparts. This is reflecting in the changing dynamics of the natural antioxidants market.

Increasing demand for healthy and organic food products, such as organic snacks, organic meat, and organic drinks, is driving sales of organic antioxidants in the food industry. Food manufacturers are shifting from conventional to organic sources of various ingredients, including natural antioxidants, while manufacturing organic food products.

The adoption of organic sources of natural antioxidants is increasing at an incremental rate in various dairy products, such as organic cheese—global sales of organic cheese are likely to account for over US$ 3 billion by 2022. Another organic dairy product that is gaining massive demand is organic milk powder; the sales reached US$ 2 billion in 2018 and are set to increase at ~5.5% during 2017-2027. Positive growth prospects of the organic dairy industry may create more profitable opportunities for stakeholders in the natural antioxidant market.

Organic Fruits and Vegetables May Contain More Natural Antioxidants

A mounting number of consumers are making a move towards vegetarian foods, plant-based beverages, even plant-based snacks, as their food preferences are mainly focused on the health-benefitting properties and nutrients in them. Recent studies have also proven the presence of more nutrients in natural or plant-based food products.

A British Journal of Nutrition study found that organic fruits and vegetables contain approximately 20% to 40% more antioxidants than their conventional variants. Another study was conducted at the University of Barcelona, which found that organic tomatoes contain higher levels of antioxidants than conventionally produced tomatoes. Along with the higher polyphenol content in juice and ketchup made with organic tomatoes, the study also found 34 different phenolic compounds in organic tomatoes.

With the growing awareness about the evidence that proves that organic foods are, in fact, healthier and contains significant higher amount of nutrients than conventional foods. Taking into consideration this trend, the sales for organic variants in the natural antioxidants market are expected to increase at more than 8% during 2019-2029, and this is likely to trigger new trends in the natural food ingredients industry.

Natural Antioxidants: How much is Too Much and How ‘Organic’ can Help

While consumers are making a decision on purchasing food products that contain organically-sourced natural antioxidants, a very few know about the scientific insights on how much is enough when it comes to consuming antioxidants. Though antioxidants have multiple health benefits as they neutralise free radicals molecules, its consumption beyond a certain limit can prove detrimental to health.

Researchers and scientists from the University Of Utah School Of Medicine and other medical institutions conducted a laboratory-based animal study to come to a conclusion that that too much antioxidant can also damage cells by causing make atoms gain electrons, which can lead to degenerative diseases, such as cardiomyopathy. Another study led by researchers at NYU School of Medicine and Perlmutter Cancer Center found that taking too much Vitamin E and antioxidants may cause the same increases in cancer’s ability to spread. The awareness about the potential side effects of consuming too much antioxidants is relatively lower than their health benefits, and this reflects in exponentially growing demand for organic sources of natural antioxidants over gaining extra quantity. However, consumers’ inquisitiveness about the factors linked to their health shows no signs of fading, and this may change the picture in the natural antioxidants market in the coming years.

Interested in knowing more? Download a sample of the Natural Antioxidants Market study.

Impact Modifiers Applications to Foresee Substantial Rise Due to Custom-made Offerings Launched by Makers in the Impact Modifier Market

Impact modifiers are an additives group that is utilized to upgrade the quality of polymer mixes that are liable to climate forces. They are accessible as resins and have a rubbery attribute. The elasticity causes impact modifiers to ingest the energy of the impact and build polymer compounds increasingly sturdy in which they integrated. Expanding the need for superior plastics is the foremost aspect of driving the need for s impact modifiers globally. Whilst this is anticipated to further apply noteworthy pressure on a previously strained public transport infrastructure worldwide, expanding need is anticipated to contribute essentially to expansion of the worldwide market impact modifiers in the approaching years, ascribed principally to expanding eagerness of urban shoppers to spend on premium quality accessories and vehicles, for example, interior and exterior products and safety add-ons that are fused with impact modifiers.

An increasingly comprehensive and streamlined product portfolio provided by the makers has empowered end-users for the utilization of impact modifiers. Additionally, customized contributions in the impact modifier product portfolio have empowered the makers to enhance the impact modifiers application portfolio. It has been seen that climate testing of plastic additives, for example, impact modifiers amid the creation of execution of materials has gotten more important than ever. Enduring in in-service disappointments, in which impact modifiers assume a significant job is getting progressively prominent, particularly on account of automotive plastics. Impact modifiers provided enhanced weather ability in diminished expenses. Performance material makers are especially centering to deal with the issue of weathering-related disappointments.

The impact modifiers demand is particularly high in the market, for example, Japan and China, where the electronic devices and the automotive market is developing at a higher pace. In these regions, the market is soaked with low quality and faded plastics, though the shoppers are needing top-notch plastics, and makers in these regions are receiving the reward of these prospects by emerging plastics joined with impact modifiers that are better in quality concerning engaging quality of the object, strength, and supportability. These trends could be reflected in the way that numerous worldwide players in the impact modifiers market are situating to increase a more prominent share in this regional market.

North America being a developed economy with an entrenched production sector and higher awareness regarding the quality evaluation of impact modifiers, end-use sectors will, in general, receive premium quality impact modifiers. Additionally, higher competition in the North America market has prompted the improvement of technically propelled impact modifiers with high sturdiness and expanded impact resistance attributes under a burden. Makers are thinking of solutions to incorporate both of these attributes in their impact modifiers since these attributes are fundamentally a tradeoff.

At times impact modifiers are known to be a greater amount of contaminants than stabilizers. For instance, they are acknowledged to cause polymer debasement within the sight of moisture and UV bringing about unfavorable chalking in door and window profiles. These impacts are emphasized when polymer materials that contain impact modifiers are presented to extraordinary climate conditions. The harm is seen through undesired product coloration. The trend towards green and sustainability products has prompted the improvement of green substitutes for impact modifiers and different polymer additives. The use of bio-based additives might marginally thwart the development of the impact modifiers market and different polymer additives market

For more insights into the Market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-7554

Containerization has Directed Towards Substantial Low Costs for the Shipping Sector in the Bulk Container Packaging Market

Bulk container packaging has made it feasible for the shipping sector to transport items without being overwhelming in their pockets. Prior, a group of 1000 individuals was required for delivery functions however with the appearance of bulk containers, a limit of 21 team individuals is sufficient that has fundamentally diminished the shipping costs and thus has made revenue prospects for the business. Bulk containers have created an extraordinary degree of efficiency for the shipping sector and have likewise helped them accomplish noteworthy productivity.

The market for bulk container packaging has grown fundamentally in recent years because of expanding logistics facilities all over different regions. Containerization has prompted critical low expenses for the shipping sector which is especially noticeable in the regions, for example, Europe as well as North America. The market for bulk container packaging is likewise increasing significant impression in the APEJ area where bulk bags are broadly utilized for farming produce transportation.

The worldwide market is inclusive of various product types such as Flexitanks (includes Bulk Containers, Flexible, Bag-in-box containers, and others) and Rigid (includes Lined RIBC, Unlined RIBC, Bulk Container Liners, and others). With a rising need from the industrial chemicals sector, development in need for bulk containers, for example, flexitanks is set to increment over the conjectured time frame. Based on the material types, the market is categorized as Plastic (includes HDPE, LLDPE, LDPE, PVC, PP and Others (Polystyrene, etc.)), Metals and Others (Wood, Fibre, Paperboard). Amid the material types, HDPE and polypropylene plastic material is anticipated to remain the prime selection of producers because of the high impact resistance and material flexibility. One of the fundamental market features of the bulk container packaging is the expanding utilization of bulk containers for dry bulk shipping of machinery as well as automobile parts.

The bulk container packaging is employed in different sectors such as Industrial Chemicals (includes Non-Hazardous and Hazardous), Food & Beverages, Petroleum & Lubricants, Pharmaceuticals, Paints, Inks & Dyes and Others (Sand, Construction & Building Materials)

North America off late has been seeing a lofty ascent in demand for its chemical and food products. 33% of the agricultural land in the U.S. is implied especially for exports, which fuels the requirement for bulk packaging. Bulk containers provide several advantages, for example, reusability and cost-effectiveness, prompting their wide pertinence over all regions of North America. Another aspect driving the requirement for bulk containers is their minimum contamination concern since the IBCs are made utilizing the blow molding procedure that limits the requirement for drilling and thus diminishes odds of contamination.The shipping sector is shaken by the unpredictability of cargo rates and the traffic on the trade routes is diminishing altogether. This has prompted a disturbing circumstance for the market with developing at an agonizingly slow pace. Also, North America, explicitly the United States has a powerful association with Europe and political vulnerabilities in Europe; for instance, Britain’s exit from the European Union has prompted a noteworthy drop in the imports and exports amid the two countries because of which the market is attempting to keep up its momentum.

For more insights into the Market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-4255

Biologic Treatment to Gain Footing in the Atopic Dermatitis Treatment Market

Expanding pervasiveness of atopic dermatitis along with complex interaction amid environmental change and increasing contamination are fueling aspects for the atopic dermatitis treatment market development. Corticosteroids stay the most favored drug category in the worldwide market for dermatitis treatment. These are being utilized as the principal decision of treatment by a dermatologist since it has better anti-inflammatory activity and quick onset of activity. Biologic treatment is projected to collect critical footing over the conjectured time frame. Increment in the quantity of launch and approval of biologic specialists for the treatment of skin ailments represents the ascent in the atopic dermatitis treatment market.

Key Aspects Determining the Atopic Dermatitis Treatment Market

Dispatch of Topical Non-corticosteroid Immunomodulation for the market

Corticosteroids stay exceptionally favored for the market since they act adequately in brief length. Conversely, the long haul utilization of corticosteroids is related to skin atrophy and different inconveniences. One of the foremost elements determining the market is the dispatch of two topical non-corticosteroid immunomodulators –Pimecrolimus and Tacrolimus that have promising outcomes in the long haul, when utilized in monotherapy contrasted and mix with corticosteroids.

Directed Biologic Therapeutics in the Market

Dupilumab is a monoclonal antibody, creating as the principal line remedial for moderate to severe atopic dermatitis. Dupilumab got an endorsement from the US FDA during 2017 for grown-ups with moderate-to-acute atopic dermatitis that can’t be adequately constrained by topical treatment. During 2019, this sign was stretched out to incorporate pre-adult 12 years or more seasoned. It is a subcutaneous mixture managed at steady every 2 weeks interims.

Industry Consolidations Direct towards Quicker Time-to-Market

Foremost market players of the atopic dermatitis treatment are principally centered on joint endeavor and partnership with different local companies for the advancement of novel items. The parent association can utilize the last’s clinical improvement skill and administrative learning to guarantee a triumph situation in such affiliations. Various companies are concentrating on growing their product portfolio by securing items from the gained organization.

Higher Expansion Prospects in Emerging Economies

Increment in investments in the healthcare space, creating healthcare framework, and expanding predominance of atopic dermatitis in the APAC region are variables providing a solid force to the market development of atopic dermatitis treatment. The initiation of better remedial medications unmistakably represents the developing popularity of atopic dermatitis treatment all over rising regional markets. The steady ascent in various distributors and manufacturers in the region is probably going to add to the market development of the atopic dermatitis treatment over the years to come.

Foremost companies keep on expanding the market share with the presentation of new items in the market. Partnership and joint ventures with merchants are the vital activities practiced by the dominant part of key players. Noticeable players keep on tending to the neglected needs in the market through inorganic techniques, for example, mergers and acquisitions. The atopic dermatitis treatment market is generally moderate in size and liable to stay dynamic, developing in enduring pace over the years to come. Significant players center around inorganic development techniques to make a solid hang on targeted in- acquisitions and licensing through extending its R&D exercises and its distribution channels especially including its pro retail chains.

For information on the research approach used in the report, request methodology@https://www.futuremarketinsights.com/askus/rep-gb-3097

Vegan & Egg-free Diet Patterns Furthering Revenues in the Egg-free Mayonnaise Market

Obesity is the reason for medical problems, for example, cholesterol, diabetes, and blood pressure problems that further direct towards difficulties, for example, seizure, organ failure, heart attack, etc.  These medical problems happen in youngsters, just as older people. Expanding awareness of nutritious food and a healthy lifestyle is driving the requirement for egg-free mayonnaise. It has around 20-30% lesser calories in contrast to mayonnaise having egg. The need for egg-free, fat-free, and gluten-free mayonnaise is quickly expanding.

Organic and natural mayonnaise is produced using various oils, for example, sunflower, olive, flax, avocado, grape seed, and mustard. Egg-free mayonnaise is accessible in different flavors, for example, garlic & herb, tandoori, lime, mint, aioli, mild curry, chipotle, soy-free, sriracha, and so forth. Because of different flavors, natural, organic, gluten-free, and fat-free products are pulling in consumers and boosting the market for egg-free and vegan mayonnaise.

Low cost, increasing dining-out, and ease of use have all added to expanded sales of egg-free mayonnaise. Of all brands, egg-free mayonnaise is effectively accessible at all e-commerce websites, big malls, convenience stores, and supermarkets, as well as grocery stores. It is effectively accessible all over and at reasonable costs, which lifts the requirement and helps increment the revenue. In numerous nations, shops explicitly for vegan items have opened up, which makes it simpler for shoppers to purchase egg-free mayonnaise.

The figure of vegan people or those abstaining from eating eggs as a result of the developing attention to animal welfare is expanding. Millennials are effectively partaking in animal welfare NGOs as well as various projects sorted out by these NGOs to advance veganism. Veganism is becoming mainstream, which is helping the egg-free mayonnaise sales.

Natural and organic going to be the new cliché, governments of various nations boosting foreign investments and alteration in taste orientations of customers stimulating on the overall market expansion. It is very difficult to alter the overall egg market, not for the following decade at any rate. Notwithstanding this, the egg-free section is developing quickly. The latest trends, for example, the rising health awareness and change in diets are likely to boost egg-free mayonnaise sales. Egg-free mayonnaise is accessible in a convenient and appealing packaging. Various sizes of egg-free mayonnaise bottles are made accessible in plastic, in addition to glass. Indeed, even big and small sachets and pouches of egg-free mayonnaise are accessible, which are anything but difficult to carry whilst traveling. The bottles are accessible in various colors, for instance, tomato flavor is accessible in a red-shaded container. This makes it advantageous for customers to perceive the required egg-free mayonnaise flavor effectively. Several market players are partaking in the food sector that is generating intense competition. Furthermore, customers are more aware of their health and have begun devouring natural and organic products. The rising awareness and enhancing financial condition aiding to the expanding need for egg-free mayonnaise. E-commerce expansion will additionally act as an imperative job in the sales accumulation of egg-free mayonnaise

For more insights into the Market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-9550

Sales of Medical Fiber Optics Hit the US$ 1 Billion Mark in 2018, Finds a PMR Study

According to a recent study published by Persistence Market Research (PMR), the rise in the adoption of fiber optics in various procedures reflected in the boosting the value of the medical fiber optics market to crossed the US$ 1 billion milestone in 2018. The convergence of the healthcare and technology has been triggering transformative innovations in the way various procedures are carried out in the healthcare industry, and increasing adoption of fiber optics in medical and surgical techniques is an evidence of the healthcare industry advancing towards a tech-driven future, projects the PMR study.

Increasing inclination of patients towards minimally or noninvasive surgical procedures, coupled with the recent technological advancements that are improving efficiency of these procedures, is mainly attributed for the positive growth prospects of the medical fiber optics market. The PMR study opines that growing uptake of medical fiber optics, not only in surgical procedures but also in the field of diagnostics will provide an impetus to the expansion of the market in the coming decade.

Medical Fiber Optics to Become Indispensable in Illumination and Imaging Applications

Key findings of the PMR study indicate that nearly half the revenue share of the medical fiber optics market is accounted by their applications in illumination and imaging components of medical devices, such as endoscopes. Fiber optics are becoming one of the most favored medical tool owing to its characteristics such as resistance to electromagnetic disturbances, ability to withstand high temperatures, and chemical inertness.

With growing prevalence of fiber optics in minimally invasive surgeries as an imaging or illumination device, the global market medical fiber optics is expected to create the incremental opportunity of around US$ 776 million during 2018-2028, according to the PMR study. Taking into consideration the potential opportunities for fiber optics in illumination applications in the surgical landscape, leading players in the medical fiber optics market are joining forces with technology companies to introduce more innovative features of fiber optics to gain a competitive edge in the market.

Advancements in Fiber Optics Technology will Foster Innovation in its Medical Applications

Increasing demand for endoscopes in minimally invasive surgical procedures and recent discoveries in the field of fiber optics have opened a window of opportunities for manufacturers in the medical fiber optics market. Manufacturers are focusing on leveraging the technological advancements to offer innovative features to improve the surgical efficiency for healthcare professionals, and ultimately, to gain a competitive edge in the medical fiber optics market, finds the PMR study.

Request For Report Sample: https://www.persistencemarketresearch.com/samples/2997

The study also finds that increasing investments by market players in the advanced fiber optics technology and product innovation are mainly directed towards improving the efficacy of medical fiber optics not only in the surgical techniques but also in versatile diagnostic procedures. Furthermore, exploring the potential for advanced fiber optic technology in innovative applications such as fiber optic biomedical sensors will redefine the future growth parameters of the medical fiber optics market, opines the PMR study.

Phytochemicals Market is predicted to grow 4.7% year-over-year to total US$ 5.2 billion in 2019

The idea of ‘Living healthier, longer lives’ is being ubiquitously followed by a majority of global demographic. With countries across the globe witnessing escalating growth of population, the goal to aid individuals in achieving optimum health prioritizes the list of healthcare providers. While innovators persist to report the benefits of plant-based diets on consumers, as well as the surroundings, phytochemicals are garnering immense popularity from worldwide research in recent times. Fat, cholesterol, calcium, and anti-oxidants remain the center of gravity when it comes to discussing nutritional aspects and quality of human diet, whilst phytochemicals yet to enter the minds of health-conscious individuals.

Phytochemicals are not recognized nutritious following the absence of nutritive aspects, and imparting aroma to the flora. Yet, proven studies find that phytochemicals are crucial for the human body with regard to boosting the immune system, protecting the body from oxidative damage, and reversing the growth rate of cancerous cells. In addition, phytochemicals are naturally-derived chemicals, making them suitable as an organic food ingredient.

According to the recent study by Persistence Market Research, the phytochemicals market is estimated to grow at a Y-o-Y of ~4.7% corresponding to a value of ~US$ 5 Bn in 2019 and is forecasted to peg ~US$ 9.0 Bn by the end of 2029. The rising inclination towards organic and natural food consumption among the consumers, particularly, millennial, remain the messiah of the market growth. Further, consumers’ trend towards vegan diet is propelling the demand for plant-based ingredients.

High Demand of Phytochemicals from the Cosmetics & Personal Care Industry Following Anti-Aging Properties

Phytochemicals align with the emerging trends of ‘veganism’ and ‘vegetarianism’, with Gen Y shifting away from meat and animal-based products while following a healthy diet. A broad array of green ingredients, including phytochemicals, are making forays into the cosmetics & personal care products. Anti-aging products appear to be sought-after in the sphere of cosmetics & personal care. Phytochemicals encompass anti-aging aspects, enabling their application in cosmetics to deliver stable solutions to curb anti-aging issues.

Extracts derived from phytochemicals, such as Lagerstroemia speciosa and Lagerstroemia floribunda, hold varied anti-aging properties in skincare formulations without any side effects on the skin. Fluctuating lifestyles of consumers in tandem with the focus on appearance is set to boost the demand for anti-aging products. In addition, the rising awareness regarding the skin benefits from natural and herbal products is expected to be the next leg of growth for the demand for plant-based skincare solutions.

Phytochemicals in Food & Beverages – The Goal to Achieve Optimum Health Naturally Amplifies the Demand

A majority of consumers hunt for healthy consumables, influencing the food & beverage producers to deliver customer-centric offerings. The millennial cohort is representing a shift of approach towards food products with affluent nutritional values. Phytochemicals consist of essential nutrients, and antioxidants, beneficial in treating various chronic illnesses, including cardiovascular disease. In addition, the presence of plant sterols, flavonoids, and sulfur-containing compounds in phytochemicals offer a multitude of health benefits.

Request For Report Sample: https://www.persistencemarketresearch.com/samples/29875

Realizing the plethora of nutritional perks, manufacturers are incorporating phytochemicals to produce consumer-specific dietary consumables. Phytochemicals are becoming commonplace in plant-based medicines owing to antioxidant and anti-inflammatory aspects. Accompanied by the preference for plant-based ingredients, phytochemicals are set to observe significant traction.

Phenolic Resins Market Resonate with the Surging Demand for Plastics with Desirable Physiochemical Properties

The requirement for thermosetting plastics revealing great heat inertness, sturdiness, and fire-resilient aspects is increasing manifolds, thereby, amplifying the usance of phenolic resins across the globe. Phenolic resins are finding purpose in diverse applications – forest products, molding, burnisher, bricks & clays, and rubber vulcanization. However, phenolic resins are facing cut-throat competition with rival plastic, including polyethylene and polystyrene, restricting the growth.

Continuous experiments for decades have resulted in the commercial exposure of phenolic resins. The versatility of phenolic resins encourages manufacturers to leverage nanotechnology for enhancing specific characteristics of the resins. Phenolic resins are becoming commonplace in diverse sectors – electronics, and construction – following good mechanical aspects, and enhanced aesthetics. With concerns apropos environmental degradation escalating, phenolic resins are a great fit as eco-friendly variants.

In its new business intelligence report, Persistence Market Research suggests that the phenolic resins market reached a value of ~ US$ 6.5 Bn in 2018 with the sales estimated to ascend by ~3% in 2019 and the market is spectated to grow at a steady CAGR of ~4% over the stipulated timeframe. The constant demand for lightweight components in diverse industries, especially automotive, is set to propel the market. In addition, application of phenolic resins in the form of wood adhesives, molding powders, binders, laminating resins, and surface treatments is envisioned to sustain market growth.

Phenolic Resins – An Ideal Solution for the Automotive Sector Seeking Lightweight Components

With the lightweight trend increasingly penetrating into the automotive arena, innovators substituting metallic constituents with plastic- or fiber-based composites. Automobile manufacturers are thriving to achieve fuel and energy efficiency, realizing stringent environmental norms. As such, the substitution of metallic parts in the automobile sphere by recently formed phenolic molding composites, including phenolic molding composites derived from glass fiber and carbon fiber, becomes imminent.

The fact that weight decrement in automobiles equates to fuel efficacy is influencing automakers to focus on weight cutting of friction components. As the friction component is increasingly burdened with the applied frictional load, the demand for phenolic resins intensifies following excellent heat resilience. With the governments across the world issuing a clarion call for the production of electric vehicle fleets, car manufacturers are banking on sheet molding compound (SMC)-based phenolic resin systems to design durable, and fire-resilient battery boxes in EVs.

High Temperature and Moisture Resistance Paves the Way for Phenolic Resins in Adhesives

Phenolic resins are being utilized in adhesives for satiating the need for wood offerings and molding composites displaying good aesthetics. Adhesives based on phenolic resins are observing wide acceptance across industries, including processed wood products, infrastructure, and automotive, as surface treatment and binding agents.

Request For Report Sample: https://www.persistencemarketresearch.com/samples/11146

Phenolic resins showcase great resistance to moisture, and extreme temperatures, ideal for binding woods, such as plywood, laminated veneer lumber (LVL), and oriented strand board (OSB). The nitrile-phenolic adhesives deliver high peel strength suitable for seal–bonding applications in aircraft integral fuel tanks. In addition, phenolic resins exhibit low VOC emissions as compared to rival resin binder systems, for instance urea-formaldehyde.