Aromatherapy Market Gains from Growing Demand for Essential Oils

Modern lifestyle, rapidly increasing awareness regarding the therapeutic benefits of essential oils and growing preference towards natural products with steered issues such as stress, sleep disturbances, etc. have been attributed towards inflation of the aromatherapy market through 2019. As per HAA (Holistic Aromatherapy Association), clary sage for relieving pain, ginger for helping in digestion purposes and eucalyptus as decongestant are some of the most commonly used essential oils in aromatherapy. Aromatherapy is likely to gain traction amongst the population experiencing acne, menstrual problems and insomnia on an extreme basis.

Emergence of Cost-Effective Aromatherapy-Grade Diffuser to Expand Customer Base

With rapidly increasing need for improving sleep habits, manufacturers are developing products such as Ultimate Aromatherapy Bundle. This product for aromatherapy helps in enhancing aesthetics in the end-user’s room and the diffuser in the all-new aromatherapy product consists of nearly 7 mood lights and 15 diverse light modes, thereby enabling the end-user in adjusting setting ideally suitable for comfort zone and aromatherapy.

Healing Properties of Aromatherapy Trending Among Patients with Anxiety Disorder

Growing number of anxiety disorder patients especially amongst the millennial population is significantly driving the growth and development of aromatherapy market in 2019. As per American Anxiety and Depression Association, anxiety disorders have been recognized as the most common mental illness across US, affecting more than 40Million adults every year. With rising inclination towards inhalation of the essential oils, helps the patients with transformative power as well as transports the mind back towards the state of relaxation and calmness. Increasing awareness regarding ability of the essential oils in adapting to the individual specific body needs further stimulates growth and development in aromatherapy market. Moreover, many essential oils used in aromatherapy helps in increasing immunity as well as combats breathing and cold disorders.

APAC to Hold Potential for Aromatherapy Market

Growing prevalence of the chronic diseases as well as lifestyle associated diseases are majorly contributing towards the growth of APAC aromatherapy market. Medical tourism in nations such as India that holds traditional procedures for availing essential oil benefits through natural resources for treatments of disorders, thereby attracting the tourists, which in turn drives the demand for aromatherapy in APAC. Adverse effects of the pharmaceutical therapeutics is considered as a major reason behind growing shift of consumer interest towards usage of natural aromatherapy products.

Toxic Nature of the Essential Oils to Remain a Barrier

Essential oils such as Cineole used in aromatherapy is considered as poisonous as its overdose can lead to feeling of suffocation, rapid heartbeat, muscular weakness, dizziness, vomiting, nausea and epigastric burning. Swallowing of essential oil can lead to pneumonia as well. The WAPIC (Western Australian Poisons Information Centre) lately recorded a notable rise in the poisonings, which is the end-result of ingesting essential oils by children. With usage of the undiluted essential oil over sensitive skin or nostrils, possibilities of burns and irritation increases. In addition, susceptible people might develop allergic reactions and rashes on skin as well.

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Field-Oriented Control Systems Shape Future Designs of Cordless Power Tools

In recent times, building supply stores across the globe have seen some sweeping changes, especially in the garden appliance and power tool sections, for products such as saws, drills, lawnmowers, and vacuum cleaners among others.

The first major change which was introduced to the global power tools market was the cordless devices that were powered through portable batteries. This was followed by the inclusion of technological innovations such as brushless direct current motors and full-bridge drivers for brushed motors, which were aimed towards extending battery life and adopting very complex schemes for equipment control that integrated sensors with power drivers and controllers to manage switching sequences seamlessly.

Furthermore, recent innovations even provide power tools to be tracked wirelessly through a form of low energy Bluetooth connectivity, providing end-users with easier tracking of inventory and deterring theft of valuable devices. In the latest development, manufacturers have made revolutionary changes in the core design of microcontrollers and motor-control algorithms, which are increasingly being incorporated into various power tool designs.

Field Oriented Control Changes Brushless Direct Current Control Methods

Unlike brushed motors that make use of permanent-magnet stators, mechanical commutation, and wound armature, the brushless direct current (BLDC) stators comprise windings that are sequentially powered to generate a rotating electro-magnetic field. The BLDC rotor follows the movement of this field acting as a permanent magnet. Standard configurations comprise 6 symmetrical coils that are arranged into 3 distinct phases at intervals of 120-degrees.

The BLDC system is essential for switching electrical currents to the windings in a sequential manner for maintaining the movement of the rotor, which can be achieved with either trapezoidal commutation, or sinusoidal control, or the newest method which makes use of electro-magnetic field oriented control (FOC).

The FOC method was initially considered to be unsuitable for low cost applications, owing to costly sensors and high power consumption. However, improvements in the field have generated optimized opportunities for inclusion in different types of power tools.

FOC Provides Unique Advantages for Power Tool Designs

 Compared to other methods of commutation, FOC offers users with a number of exclusive advantages such as superlative dynamic behavior, improved operational efficacy, complete motor torque capabilities even at low speeds, decoupled flux and torque control, four quadrant operations, and overload capabilities for short periods of time.

The system offers optimal torque control through achieving constant phase lag at 90 degrees to the stator, under different loads, while simultaneously calculating rotor flux angles several times each second to optimally modulate the current, in comparison to the limited commutation options offered by conventional methods.

While FOC had many potential applications, it was largely considered to be impractical owing to the lack of accuracy in simple power tool devices to make use of the system in the right way. However, recently manufacturers have claimed to have developed a sensor-less version to circumvent this issue.

InstaSPIN Eliminates Complexities in Development of FOC Technologies

FOC systems are especially effective when used in power tools that integrate centrifugal mechanisms, scientific instrumentation, or high speed blowers or compressors, or those that are used in heat sensitive or portable applications. However, the complexity of developing algorithms to meet the requirements of every unique motor is a major challenge for designers.

InstaSPIN is a new FOC algorithm building tool by U.S. based Texas Instruments that, simplifies this challenge significantly, by providing ready to use blocks of algorithm functions that can be used by skilled developers to easily optimize power tool motor performance over a wide variety of operational conditions.

Torque/velocity control or position/velocity motion control is performed through automated identification of the type of motor being used, and the tuning of the torque controller without needing mechanical rotor sensors.

FOC Finds Extensive Use in Electric Drives in Power Tools

Field-oriented control (FOC) varies significantly from ordinary control mechanisms for electric motors by enabling enhanced precision in control capabilities on the basis of speed and torque. These aspects are highly relevant for modern electric motors that are being used in the numerous power tools and their applications.

Field of Control mechanisms can be utilized for durable, very reliable and supremely energy-efficient designs for motors in various power tool segments. Motors can be utilized at their optimal range of torque and speed in any situation, while simultaneously offering users very accurate and and fast regulation of motor speeds, which is very crucial for uses that are commonly impacted by dynamic load changes, in devices such as ventilators or pumps.

FOC also enables significant reductions in fluctuating torque, which leads to a much smoother rotation of motor components. As a result devices that make use of FOC emit lower levels of noise, which is especially important for electrically powered power tools that normally do not have a loud motor assembly. In addition, the smoother operations of such motors also noticeably reduces the wear and tear of the devices bearings, resulting in greatly enhanced robustness and reliability, enhancing the demand in the power tools market.

The field-oriented control method has been viewed by device designers as a very desirable combination to improve on performance features. However, the system was considered too expensive for low cost applications. However, with the introduction of Piccolo microcontrollers, and the internal InstaSPIN FOC module, FOC is finding widespread application in power tools.

On the other hand, the usage of FOC in power tools also has a number of disadvantages. The most impactful of these being the costs associated with the implementation of rotor sensor components, which is implemented either mechanically or in the form of a complex software, which so far have been considered to be the most unreliable part of such power tools. The unreliability of these components results in increasing costs or higher error rates, which is why the InstaSPIN development is of such importance.

Searching for new insights on the global power tools industry? For reliable and actionable forecast information on the terms of location and product, visit Future Market Insights’ recent study on the global power tools market. This report also talks about factors such as the competitive environment, key market share holders, industry hierarchy, and popular strategies.

O-Ring Motorcycle Chain Sprockets Gain Demand with Rising Recreational Motorcycle Activities

Motorcycle chain sprockets are a key component in the transmission system of a motorcycle. Motorcycle chain sprockets primarily comprise of various types of drive chains, including standard variant of roller type chains, along with specialized X-ring or O-ring chains. The drive chain are key elements of the drive chain that allows the transmission of power via a sprocket. Sprockets in turn transmit the impetus from the shaft’s rotation to the chain for efficient movement.

The rapid growth of the spending power of the global middle-class population is driving the demand for commercial motorcycles, and consequently, that of chain sprockets. Increasingly affordable prices, and environment friendly benefits are anticipated to generate a steady year on year growth rate of more than 5% as per a recent report by Future Market Insights on the global motorcycle chain sprockets market.

Preference for Affordable Transport Creates Demand for Standard Sprockets

The sales of standard motorcycles is showing constant growth, primarily owing their ability to provide significantly higher levels of fuel efficiency when compared to four wheelers, which is very important with the recent rise in the prices of gasoline.

Currently, the rising prices of gasoline and natural gas are anticipated to positively contribute towards the growth of motorcycle chain sprocket market, owing to increased number of consumers who choose two wheelers over four wheelers, for significant savings in money.

Standard motorcycle chain sprockets are anticipated to gain adoption with more than 6% CAGR. These chain sprocket variants are anticipated to account for nearly three quarters of the entire revenue share in the market by the end of 2019, most of which will come from the Asia Pacific countries owing to the high adoption of mass produced commercial motorcycle variants, particularly in India, Indonesia, and Philippines among others.

For example, data from the Society of Indian Automobile Manufacturers, states that the production and sales of motorcycles within India and China alone account for more than 20 million and 15 million respectively out of the global number of approximately 60 million.

Recreational Motorcycling Creates Need for O-Ring Chains

Currently, developed nations such as those in Europe, or the United States and Canada are witnessing a higher rate of adopting motorcycles for recreational and sporting activities, such as motocross, or cross country riding, that require motorcycles with superlative engine capacity.

This trend is propelling the requirement of O-Ring type chains. O Ring chain motorcycle chain sprockets are anticipated to grow at more than a 7% CAGR, with nearly 30% of the global revenue share by the end of 2019.

Notable reduction in stretching and a virtually maintenance-free nature, makes o-ring chain sprockets a preferred choice among sporting enthusiasts.

O rings are also gaining preference among motorcycle riders owing to the additional advantages such as better lubrication, noise reduction and protection from dust, and superlative durability, all of which arises from the rubber o-shaped fittings, installed by manufacturers.

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Industrial Paper Sacks Demand to Grow Moderately in APAC, Projects FMI Study

Owing to their distinct applications in industries such as construction, agriculture, chemicals, food, and others, the global demand for industrial paper sacks is projected to grow at a moderate rate, generating a revenue of approximately US$ 5.5 Billion in 2019, as per a recent market intelligence report by Future Market Insights (FMI).

Proliferating Investments to Address Requirements in Promising Regions

The market for industrial paper sacks is spread across several emerging and developing regions, which contribute to the overall growth of the industrial paper sacks market, as per the report. It is also estimated that the emerging markets of APAC will hold maximum investment opportunities for industrial bulk sacks manufacturers.

This is further substantiated by the proliferating developments witnessed in this region by various companies. Strategic investments remain a major driving factor for the companies that aim to grab the potential opportunities in promising segments. For instance, KYM Holdings Berhad, a leading manufacturer and marketer of industrial paper bags and paper egg trays recently invested an amount of RM65 million to modernize its plant in Tapah, Malaysia. The company would further introduce a new high-end product line of industrial paper sacks, thereby boosting the export of industrial paper sacks to the Asian market. The investment is expected to boost the production capacity of the company’s fully-owned subsidiary, Hasrat Meranti Sdn Bhd.

Pinched bottom-type Industrial Paper Sacks Reflecting Major Growth

Amongst the available variants of industrial paper sacks, the pinched bottom industrial paper sacks are gaining major adoption in various sectors. Owing to the increasing utilization of pinched bottom industrial paper sacks are expected to register a substantial market value of nearly US$ 1.9 billion in 2019. Leading providers of industrial paper sacks are focusing on this industrial paper sacks type to benefit from the demand for the pinched bottom industrial paper sacks.

The Eurosac Grand Prix award-winner MailerBAG by the leading industrial paper sacks manufacturer, Mondi Group is made of a high-performance sack kraft paper. This product attained high sustainability rating for being a renewable, lightweight, reusable, recyclable product. This bag is available in the most promising pinch bottom or folder construction.

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Ginseng Consumption to Increase in 2019 as Applicability Widens

From its prolonged use in the traditional Chinese medicine to becoming an ultimate preference in healthy diet and lifestyle, the market has witnessed major developments over time. Ginseng has various health benefits including antioxidant and anti-inflammatory features, improving the brain functioning, reducing risks of virus and microbial infections, and others, owing to which the root finds its extensive application in food and beverage, pharmaceutical, healthcare, and other sectors. Moreover, the ginseng is also used in dietary supplements, thereby boosting the profitability for providers.

New Farms to Boost Production

The growth of the ginseng market is further supported by the burgeoning production of the root. The new emerging innovations are significantly contributing to the ginseng production growth. Similarly, Botalys, a ginseng producer in Western Europe, plans to make investments in the Ath, Belgium for the installation of a vertical farm that would cultivate rare plants. A 3 million euros raised for this project by the company shows that efforts towards boosting the production of unique plants including ginseng. The company stated that the newly developed hydroponics cultivation designed by company founders aims to obtain high quality and constant ginseng. Moreover, the process avoids the use of solvents, pesticides, or enzymes, making the cultivation process, a completely natural one, reducing the environmental footprint. Apart from this, the company has made several other contracts signed and aims to boost the production and also make significant developments in the industrial phase.

Promoting a Healthier Lifestyle with New Products

Owing to its health benefits ginseng has gained tremendous significance amongst consumers. Companies are focusing on utilizing the existing features of ginseng and innovating even further in terms of the ginseng benefits. On account of this, a leading ginseng producer in South Korea and a recognized player in the global landscape, Korea Ginseng Corporation (KGC) aims at the Malaysian market to get the Malaysian consumer base to adopt a healthier lifestyle. For this purpose, the company launched its new halal-certified Korean red ginseng product range. These new products are manufactured along the systematic cultivation management system and are well-designed to accommodate the busy and fast-paced lifestyles of modern consumers.

New Regulatory Law to Impact Ginseng Sale in West Virginia

While the ginseng landscape witnesses several developments in terms of production of ginseng, certain regulatory laws and requirements are expected to impact the business for ginseng providers in the respective places. Similar laws are imposed upon the sale of ginseng in West Virginia, a US-state. This new law was introduced in the season of ginseng in West Virginia, in 2018, that states that the ginseng sellers are expected to have a photo ID issued by the government to sell the ginseng to registered dealers. Moreover, the government has also stated laws to levy a fine on sellers that carry out ginseng sales without government-issued photo ID, ranging from $500 to $1,000 and up to $2,000. Furthermore, the government also implies several regulations such as prohibiting digging to ginseng on state-owned lands.

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Demand High for Eco-friendly Copier Papers as Manufactures Race toward Sustainability Goals

Copier paper is a light-weight paper that is used for writing, copying, or printing in commercial as well as consumer applications. Copier paper is an uncoated free sheet grade which could be used even in place of printing paper. Copier paper is obtained from virgin and recycled pulp. Recycle pulp is greatly used for obtaining copier paper by leading copier paper manufacturers such as Nippon Paper, Nine Dragons Paper, and Domtar Corporation. There are several developments witnessed in the copier paper landscape, where companies are eyeing on opportunities created by the developing countries.

Copier Paper Vendors Bolstering the Potential Held by the Asian Market

The Asian market has witnessed significant demand for copier paper, owing to which the region is expected to reflect tremendous opportunities over time. Leading manufacturers are leveraging the potential of the region to further strengthen their market presence and gain a significant competitive edge over players. JK Paper Ltd is recognized as a leading copier paper company in the Indian market, which has invested a significant amount of the purpose of expanding production capacity and reducing energy and water utilization. The company has also carried out green initiatives in India that strive to bring students and educational institutions together, for the discussions regarding tree plantation and approach and eco-friendly solutions.

Demand for Eco-friendly Products to Trigger New Investments

Sustainability requirements are expected to bring several transformations in several sectors. The increasing environmental concerns and the need for eco-friendly product offerings are expected to propel new investments by leading copier paper providers. Moreover, copier paper companies are focusing on achieving greater competitiveness over other copier paper makers, thereby fueling new strategic developments.

For instance, the Trident Group Limited Company, a recognized Indian firm with diverse business groups, is all set to invest an amount of nearly 100-200 million dollars in Ethiopia. The investment is aimed at producing an eco-friendly copier paper, the Trident Copier and Writing Paper. The company helps save more than 1.5 million trees annually, by producing eco-friendly paper. Such developments are expected to bring several transformations in the global copier paper landscape.

Burgeoning Initiatives in India to Boost Domestic Paper Landscape

The paper industry in India is expected profit from the latest initiatives carried out in India with respect to the imported uncoated copier paper. The leading uncoated copier paper market players in the nations filed an application against the dumping of uncoated copier paper from countries including Thailand, Indonesia, and Singapore are having an impact on domestic business. The Indian Government imposed anti-dumping duty on the uncoated copier paper imported from these countries. This move would protect the domestic copier paper market players against cheaper imports.

Such developments are expected to offer several opportunities to the copier paper providers in the country, and further contribute to strengthening the Asian copier paper market.

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China to Reflect Maximum Automotive Exhaust Manifold Manufacturing Possibilities—FMI Study

An automotive exhaust manifold plays a crucial role in automotive engineering that is designed to collect exhaust gases from multiple cylinders into a single pipe. Driven by a primary goal of reducing flow resistance, automotive exhaust manifolds are being developed with next-gen engineering advancements to further contribute to increasing the efficiency of the automotive engine.

Moreover, the adoption of advanced technology and the right choice of material in the automotive exhaust manifold production are increasing the load capacity, improving corrosion-resistance and resistance to high-temperature, and enhancing the strength of automotive exhaust manifold. With these enhancements, the automotive exhaust manifold provides better productivity that is expected to contribute to the growth of the overall automotive exhaust manifold market. The recently published research report on automotive exhaust manifold market by Future Market Insights projects that global automotive exhaust manifold market is expected to reflect promising growth with a significant market share of over US$ 8.6 billion, in 2019.

Key Players to Extend Capabilities in Lucrative Markets

The leading automotive exhaust manifold providers are catering to the changing consumer needs with the adoption of new technologies that boost the overall performance of the automotive vehicles. Furthermore, the companies operating in the automotive exhaust manifold landscape aim at harvesting the potential of the most promising regions with respect to the demand for automotive exhaust manifold systems. The APEJ region is amongst the most considerable markets for automotive exhaust manifold which is expected to be valued at nearly US$ 3 billion, in 2019.

China to reflect Significant Opportunities for Automotive Exhaust Manifold Providers

Leading manufacturers of automotive exhaust manifold are not only boosting their market presence with substantial developments in their product portfolio but are also making investments in promising economies avenues. Amongst the most significant markets in APEJ, the Chinese market is expected to witness substantial adoption of the automotive exhaust manifold, owing to which the market is China is expected to be valued at over US$ 2 billion in the year 2019. Manufacturers are joining forces with established companies in China, to expand their market presence in the Asia-Pacific region.

BENTELER Automotive, a leading manufacturer of automotive exhaust manifold recently entered into a joint venture partnership with the subsidiary arm of First Automotive Works (FAW) Group, which is a China-state owned firm, the FAWAY Automobile Components Co. This joint venture will result in the formation of a company named FAWAY BENTELER Automotive Components (Tianjin) Co., Ltd. With this new investment, BENTELER would be able to cater local consumer demands and further strengthen its market footprint in the growing Asia-Pacific landscape.

Similar investments were made by another automotive exhaust manifold producer, Eberspaecher Exhaust Technology International GmbH, who entered into a joint venture agreement with China Yuchai International Limited, to form a new firm called Eberspaecher Yuchai Exhaust Technology Co. Ltd. that would focus on production and sale of exhaust emission control systems, which would be used in commercial vehicles of China.

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Sustainability through Recycling and Reuse Drives Demand for Steel Drums

Steel drums find extensive application in the transport and storage of various types of materials including coatings, chemicals, oil, and paint among others. The key influencer that is propelling the market for steel drums is the scope of recycling and reconditioning of steel for reuse. As a result, sustainability and cost efficiency are key aspects of the business.

Steel drums are manufactured through the process of forming steel rolls, which are welded, coated, and painted. High scope for recycling, space utilization, and superlative performance in different temperatures are key factors that drive the usage of steel drums over alternatives made of plastic or fiber.

As per a recent study by Future Market Insights on the global steel drums market, rapid growth is anticipated, particularly in emerging economies, attributed to the growing use of steel drums in chemical and solvent production sectors, including the development of products such as dyes and glues, among other solvents.

Eco-Friendly Benefits Boosts the Use of Steel Drums

Steel containers are often recycled or reused, owing to favorable material properties that greatly increase savings in monetary costs of transport and storage in addition to environmental sustainability. Moreover, steel can be recycled numerous times, without compromising on the strength and performance of the source materials, which enables the secure transportation of products through the different stages of a supply chain.

Currently, a very large portion of steel products including steel drums, automobiles, and consumer appliances are manufactured with the use of recycled steel. This is particularly true in developed countries, where approximately 70 million tons of steel is recycled in the US every year. Similarly, Japanese businesses reused nearly 60% of all steel drums every year. Countries from the European Union have set 80% target for recycling steel, by the end of 2030.

Reconditioning and Safety Innovations in Steel Drums Trend

Growing concerns over environmental pollution, has resulted in increasing recycling activity and safe disposal of packaging containers that have resulted in the imposition of new rules and regulations that make it compulsory for companies to set up recovery processes for any packaging products that they may use.

On the other hand, the re-use of steel drums, with the residues of older materials can result in cross-contamination, which has led to the rise in the popularity of reconditioning services. Procedures such as washing, rebottling, drying, furnace oxidation, and reinforcement are carried out on the used steel drums. Moreover, the reuse of steel drums is far more eco-friendly in comparison to scrapping procedures.

In addition, businesses have recently started to use fusible plugs on steel drums for the safe transport and storage of volatile materials. Fusible plugs are similar to standard plugs, have the added advantage of incorporating impact‐resistant polyethylene, propylene, or nylon resins. With the use of fusible plugs and the correct suppression procedures, as per the local certifying authorities, the performance of the steel drums is optimized. The extreme durability and fire resistance of steel drums ensure high levels of safety while transporting or storing hazardous materials.

Find more current insights on the worldwide market for steel drums, by clicking here.

Technological Innovations Underline the Future Developments of Security Labels

Security labels find extensive applications in the development and implementation of packaging solutions to make sure that product deliveries maintain authenticity and prevents pilferage. Security labels help in safeguarding the packed product from threats of counterfeit and losses during transportation resulting from pilferage. They can be used on a wide variety of Items such as jars, bottles, pouches, and boxes, among others.

Security labels can be produced using different materials including plastic, foil, and paper, depending on the purpose, and importance of the product that needs to be safeguarded. Boxes & cartons are the key end use products for applying security labels.

RFID Labels Replace Conventional Alternatives

As per a recent study by Future Market Insights on the worldwide security labels market, the medicine and healthcare sectors make heavy use of security labels, RFID labels and tags in particular. RFID labels provide advanced functionality to users such as medication control, patient tracking, and surgery management among others. In addition, the growing concerns about label tampering and counterfeiting, has significantly boosted the demand for security labels with advanced features.

Pharmaceutical and medical device manufacturers are also displaying increased concern about the protection of brand image. Modern security labels have enabled significant improvements in drug safety without greatly increasing the cost of operations.

Increasingly strict government imposed regulations on food packaging are encouraging manufacturers to identify and use new and improved methods that ensure easy recognition of tamper-evidence. This has led to greater demand of security labels in the packaging sector of the food & beverage industry.

Furthermore, some users have started to use RFID labels in combination with quality sensors, to monitor the freshness of packaged food. This has boosted the scope of use for security labels in fresh foods in addition to meat packaging businesses.

Manufacturers Focus on Tech Innovations to Meet New Challenges

As the threats of counterfeiting and pilfering get more sophisticated to circumvent new security measures, security label manufacturers are increasingly customizing their products to meet specific security requirements of different products.

For example, Label Innovation Inc. designed specialized breathable security labels for windows solution providers, to prevent the buildup of condensation in multi-pane window setups, through the use of innovative air deflection working principle that enables the right configuration for optimal airflow.

Similarly, California based Identiv Inc., released its new range of tamper proof RFID security labels in mid-2018 aimed towards the enhancement of brand protection and the prevention of counterfeiting. The product makes use of a modern aluminum etched antenna that is combined with a tamper-proof release coating. This guarantees the destruction of the antenna when the label is torn, without any possibility of reassembly, or reapplication.

Covectra Inc. has also developed its range of barcode security stickers that make use of 3D visual references that can be authenticated using smart technologies of simple mobile devices, for strong yet simple protection.

Find additional insights on the global security labels market by clicking here.

Improved Efficiency in Administration and Compatibility Generate Need for Prothrombin Complex Concentrates

A key protein in blood plasma, prothrombin plays the crucial role of generating active thrombin in the blood when coagulation is required. At present, manufacturers are increasing their focus on building up infrastructure for collecting and storing plasma, to reduce the cost of operations, and meet the increasing needs of anticoagulation therapy, that is gaining popularity among geriatrics.

As per a recent study by Future Market Insights on the global prothrombin complex concentrates market, the rising demand for highly optimized healthcare, and overall sustainability has generated a wide variety of lucrative growth opportunities for manufacturers on a global scale. Moreover, such companies have joined hands with local retailers and distributors to boost the reach of prothrombin complex concentrates in the field of medicine and healthcare.

Efficient, Cost-effective Warfarin Reversal Process with Prothrombin Concentrates

In most cases, the process of reversing anticoagulation of blood is needed before setting up for major surgeries such as hip or knee replacement. The rising prevalence and popularity of anticoagulation therapy can be witnessed, especially for geriatric patients.

For an effective reversal process of warfarin, health care professionals choose from FFP, Vitamin K administration, Warfarin withdrawal, and PCC, of which PCC was generally observed to be the most cost effective alternative as it significantly reduces the duration of the hospital stay and also reduces on laboratory costs.

Even so, the direct costs of healthcare including that of drug and hospital procedures in developed countries ranges somewhere near the US$ 400,000 mark for Prothrombin complex concentrates. While on the other hand, the cost ranges nears US$ 1,200,000 for correctly conducting warfarin withdrawal therapy.

Prothrombin complex concentrates display superlative efficacy in generating the optimal ratios for International Normalized Ratios (INR) immediately after the administration process. The use of prothrombin complex concentrates, eliminate the need for using a specific blood type for the health tests. Moreover, prothrombin complex concentrates are made inactive through the use of viral activity and allows the administration of short-term infusions, while simultaneously eliminating the risk of volume overload.

Recovery and Administrative Benefits Create Demand for Prothrombin

In numerous cases, human plasma is used as a comparable alternative to prothrombin complex concentrates in anticoagulation processes. While on one hand, the incidences of thrombotic complications arising from the use of human plasma is very rare, on the other there are some big disadvantages posed by utilizing human plasma or other alternatives instead of using prothrombin complex concentrates.

For example, the use of prothrombin complex concentrates significantly reduces the time that is taken to achieve a state of homeostasis in comparison to the results from using human plasma. Moreover, the use of prothrombin complex concentrates eliminates the need for compatibility testing prior to the administration of alternative drugs.

Usually, the processes of preparing and administering alternative drugs or human plasma can take up to 2 hours. In comparison, prothrombin complex concentrates take virtually no time to administer. Moreover, prothrombin concentrates are provided to patients in small doses, to negate adverse effects during the rapid reversal process of anticoagulation.

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