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ethiholic · 1 year

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Lululemon

Worker Wage - ★★☆☆☆

Based on the available information, we have found that Lululemon salaries in the US range from $8-$24.15, which is 9% below the national average. While Lululemon does not publish information on the wages of garment workers, outside sources state that the factory workers, who produce Lululemon’s garments, claim to be paid $110 a month in Bangladesh.

Working Conditions - ★☆☆☆☆

Their clothing is produced in Canada, the US, Peru, China, Bangladesh, Indonesia, India, Israel, Taiwan, South Korea, Malaysia, Cambodia, Sri Lanka, Vietnam, and Switzerland. Lululemon’s outsourced labor has raised questions in the past as to the treatment of the garment workers. In an investigation conducted by The Guardian, the workers claim to have been physically assaulted, verbally abused, and forced to work overtime, while making significantly less than the living wage.

Sustainable Materials - ★★☆☆☆

Lululemon says they aim to source more sustainable raw materials and fibers including recycled and renewable and recycled polyester and nylon. They aim to achieve at least 75% sustainable materials by 2025. Currently, they use low quantities of cotton and recycled materials. According to changingmarkets.org, Lululemon uses 23,390 tonnes of synthetics and 62% synthetic fibers in the production of their garments.

Environmental Impact - ★★★☆☆

On Lululemon’s website, they stress the company's aim towards reducing their carbon footprint by “eliminating waste and closed-loop innovation, making progress toward clean water and better chemistry”. Their website also stresses their goals such as reducing 60% of emissions in all owned and operated facilities and across their global supply chain. They intend to progress toward their goal by sourcing renewable energy, partnering with their manufacturers, and sourcing more raw sustainable materials. They have also joined THE CLIMATE GROUP’S RE100, signed the UN Fashion Industry Charter for Climate Action. There is no evidence of Lululemon reducing their carbon emissions during the logistics stage of exportation.

Social Impact - ★★★☆☆

In 2022, Lululemon announced they would be donating $75.3 million to the BC Parks Foundation to support environmental preservation and habitat conservation efforts in British Columbia.

Inclusivity - ★★☆☆☆

Sizes at Lululemon range from XS-XXL, and model diversity does not reflect diverse sizing. Prices tend to be on the higher end.

Sources:

https://shop.lululemon.com/

#lululemon #sustainability #fashion #2 star worker wage #1 star working conditions #2 star sustainable materials #3 star environmental impact #3 star social impact #2 star inclusivity

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theindithreads · 1 year

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Embracing the Timeless Elegance: Khadi Fabric

Introduction: In a world dominated by mass-produced textiles, there's something truly captivating about the timeless charm of handcrafted fabrics. Khadi, a fabric deeply rooted in India's rich cultural heritage, stands as a symbol of sustainable fashion, craftsmanship, and the spirit of self-reliance. Let's delve into the captivating world of Khadi and discover why it continues to enchant fashion enthusiasts across the globe.

A Historical Legacy: Khadi has an illustrious history dating back to India's struggle for independence. It was Mahatma Gandhi who recognized the potential of Khadi as a means to empower rural communities and promote self-sufficiency. By encouraging the production and use of Khadi, Gandhi aimed to break free from the clutches of British colonial rule and revive India's rural economy.

Natural and Sustainable: One of the defining characteristics of Khadi is its sustainable and eco-friendly nature. It is made from natural fibers such as cotton, silk, or wool, without the use of any chemical processes or machinery. The production of Khadi involves spinning the fibers into yarns on a spinning wheel (charkha) and then weaving them on handloom. This manual process not only preserves the purity of the fabric but also reduces carbon footprint and promotes sustainable practices.

Craftsmanship and Artistry: The beauty of Khadi lies in the intricate craftsmanship and attention to detail that goes into its creation. Each piece of Khadi fabric is meticulously handwoven by skilled artisans who imbue their expertise and creativity into every thread. The handloom process allows for customization, resulting in unique patterns, textures, and designs that cannot be replicated by machines. This craftsmanship not only preserves traditional weaving techniques but also provides livelihood opportunities to countless artisans, keeping ancient skills alive.

Versatile and Timeless: Khadi is a fabric that effortlessly transcends trends and seasons. Its versatility makes it suitable for a wide range of apparel, from elegant sarees and kurtas to contemporary dresses and shirts. The breathable nature of Khadi allows for excellent air circulation, making it ideal for warm climates. Moreover, the textured feel and earthy tones of Khadi fabric lend an organic and rustic appeal to any garment, giving it a distinctive character.

A Symbol of Empowerment: Khadi holds a special place in the heart of India as a symbol of empowerment. It has played a significant role in supporting rural economies, empowering artisans, and preserving traditional skills. By choosing Khadi, we contribute to sustainable development, fair trade practices, and the revival of local communities. It's a way of embracing fashion that respects the environment and values the hands that create it.

Conclusion: Khadi material is not just a textile; it is a celebration of heritage, sustainability, and craftsmanship. With its timeless elegance and eco-conscious production, Khadi embodies the essence of slow fashion and the importance of preserving our cultural roots. By embracing Khadi, we embrace a connection to our past, present, and future—a textile that tells a story of resilience, self-sufficiency, and the beauty of handmade creations. Let's appreciate the allure of Khadi and embrace its unique blend of tradition and contemporary style.

#khadi fabric #khadi clothing #womens clothing #online shopping #womens shopping #cotton

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arvindrubberindia · 2 years

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How do rubber rollers benefit manufacturing?

In this blog, we are going to highlight about industrial rubber rollers, how the device is transforming the manufacturing industry, and how industrial roller company is making use of the latest technology.

Learning about the manufacturing industry-centric rubber roller

An industrial rubber roller is a technology-driven device designed for manufacturing industries. The product comprises an inner shaft made up of metal, for instance, aluminum, steel, or carbon fiber. This metallic shaft is covered by a sturdy coating of elastomer compounds, including silicone, EPDM, neoprene, and natural rubber.

The device is ideal for sanding, grinding, etc. in the ensuing sections, we will discuss the applications.

Unique features of a rubber roller

The unique features of a premium quality rubber roller manufactured by a prominent industrial roller company in Ahmedabad, India makes it ideal for numerous manufacturing companies. While planning to purchase a roller for your manufacturing plant, you can match the roller with the following features:

Resistant to inclement weather

Sturdy design

Returns to its original shape, if distorted during application

Resistant to chemicals

Resistant to scratching and bumping

High coefficient of friction

Swiftly compensates for small changes that occur in machines precision

Durability

High tensile strength

Resistant to wear and tear

Unless the product matches these types of features, don't make the final decision. There are plenty of industrial roller companies in Ahmedabad, India. Why settle for less.

Applications of industrial rubber rolls

The manufacturing industry-centric rollers are substantially affecting the production process of various types of industries. Some of their industrial applications consist of:

Tape line / Woven sack (Silicon rollers)

Gravure printing (Printing)

Solvent-based lamination (Lamination)

Extrusion lamination (Hard chrome plated rollers)

Adhesive coating (Hard chrome plated rollers)

Blown film line (Silicon rollers)

Bopp/polyester line (Palletizer rollers)

Pelletize machine (Palletizer rollers)

Flexo graphic printing (Printing)

Solventless lamination (Lamination)

A reputed industrial roller company holds expertise in delivering custom-made solutions. If you are looking for a specific type of manufacturing industry-centric rubber rollers, you can connect with an established roller manufacturing company.

Industrial applications

The quality-driven roller is used in a wide range of industries, including:

Packaging

Paper

Plywood

Tyre

Steel

For further information, you can get in touch with a leading industrial roller company.

Latest technology

Over the years, the advent of technology has redefined the mechanism of industrial rubber rollers. Most reputed companies are drawing benefits from modern technology. And rightly so. Cutting-edge technology has helped in the development of modern rubber rollers.

Let’s connect for a mutually beneficial partnership

Driven by a visionary approach, Arvind Rub-Web Controls Ltd. made a humble beginning in 1984. From a modest foray, over the years, the excellence-focused company has established itself as an indisputable industry leader with several industries first to its credit.

"Excellence means setting benchmarks, without telling others", this adage has been at the center of our corporate strategy. Starting with mere two industrial rollers in the beginning, over the years, we have thrived from the wealth of experience and now boast of 100+ product ranges and a presence in 52+ countries!

Our quality-focused, industry-centric product range includes industrial rubber/ebonite/metal rollers, bow rollers (rubber/metal expanders), ink pumps, edge guider, bottom cutting shaft, rubber sleeve, hcp rollers, air expandable shaft, and core saver/core restorer among others.

#industrial roller company

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strangemusictriumph · 2 years

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Organic Bread Flour Market - Forecast (2022-2027)

Organic Bread Flour Market size is forecast to reach $887.9 million by 2027, growing at a CAGR of 6.9% during the forecast period 2022-2027. Organic bread flour is a type of flour milled from wheat that is grown and processed without using harmful synthetic fertilizers and pest control chemicals. Moreover, organic wheat farmers also undertake innovative crop rotation practices in order to minimize the risk of pests and plant diseases. Moreover, only natural preservatives can be used during processing in order for the flour to be certified as organic by an independent agency. Some of the most common kinds of organic bread flour include wholegrain and sprouted grains. Organic bread flours are primarily used for baking goods such as pastries, biscuits, or scones. Organic flour along with a leavening agent such as yeast enables bakers to produce puff pastry items. This is because yeast baking causes the dough to rise owing to carbon dioxide gas produced by it during the baking process.

Growing health consciousness among consumers post the COVID-19 pandemic and the increasing awareness regarding adverse effects of food products containing synthetic pesticide traces are some of the key factors driving the growth of the market during the forecast period 2022-2027.

Organic Bread Flour Market Report Coverage

The report: “Organic Bread Flour Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Organic Bread Flour Market.

By Type: Organic whole grain wheat flour, Organic brown wheat flour, Organic sprouted wheat flour, and Others.

By Distribution Channel: Supermarkets and Hypermarkets, Specialist Retailers, Independent Stores, Convenience Stores, Online Retailers, and Others.

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Columbia and Rest of South America), and Rest of the World (Middle East, and Africa)

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Key Takeaways

North America dominated the Organic Bread Flour Market in the year 2021 owing to the rapid rise in the number of certified organic farmers in North America. This has also helped bring down the prices of organic bread flour products in the region.

The growing need for consuming healthy food among urban populations coupled with the implementation of more stringent regulations regarding the use of synthetic pesticides and fertilizers in developed regions is anticipated to drive the market during the forecast period 2022-2027.

Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Organic Bread Flour Market report.

Lack of adequate regulations regarding synthetic pesticides and low awareness levels among consumers in developing regions is anticipated to hamper the market growth of the Organic Bread Flour Industry.

Organic Bread Flour Market Segment Analysis – By Type

Based on Type, the organic bread flour market can be segmented into Organic whole grain wheat flour, Organic brown wheat flour, Organic sprouted wheat flour, and Others. Organic whole grain wheat flour accounted for the largest share of the market in 2021 and is also anticipated to grow with the fastest CAGR of 7.6% during the forecast period of 2022-2027. Wholegrain wheat flours are produced by grinding the entire wheat kernel. This meant that they are much more nutritional owing to the presence of components such as starchy endosperm, bran, aleurone layer, and germ. Consumption of organic whole grain wheat flour can provide essential components such as starch, proteins, minerals, fiber, enzymes, and lipids. However organic whole grain wheat flour typically has a shorter shelf life owing to the presence of the germ which contains lipids prone to oxidative rancidity and enzymes that can trigger deterioration reactions. Organic sprouted wheat flour is also anticipated to witness robust growth owing to its superior iron absorption capability.

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Organic Bread Flour Market Segment Analysis – By Distribution Channel

The supermarkets and Hypermarkets segment accounted for the largest share of the Organic Bread Flour Market in 2021 and is projected to dominate the market during the forecast period 2022-2027. This can be attributed to the high penetration of supermarket and hypermarket chains in developed regions and the rapid growth of new supermarkets in major emerging economies. For instance, in 2021, More Retail announced that they are scouting for space in several cities across India in order to build around 300 supermarkets and hypermarkets over the next 3 years. However, the online retailers' segment is anticipated to grow with the fastest CAGR of 7.8% during the forecast period of 2022-2027 owing to the increased use of online shopping for grocery items during the COVID-19 pandemic. For instance, according to McKinsey, the penetration of the grocery sector in the e-commerce space was only around 3-4% before the pandemic. However, in 2020, the penetration increased to nearly 19-20%.

Organic Bread Flour Market Segment Analysis – By Geography

North America dominated the geography segment of the Organic Bread Flour Market in 2021 with a share of 39%, followed by Europe. The rapid growth of the segment can be attributed to the rising consumer awareness levels regarding the health and nutritional benefits of organic food and beverage products, especially in the U.S. and Canada. Besides, owing to the rising demand, the number of farmers adopting organic farming techniques has also significantly risen. For instance, according to the organic trade association, the US sales of organic products reached $62 billion in 2020, an increase of around 12.4% over the previous year.

The Asia Pacific region is anticipated to register the fastest growth during the forecast period 2022-2027 owing to the rapid rise in disposable income and massive domestic wheat cultivation in major emerging Asian economies. For instance, China and India are the two largest global producers of wheat.

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Organic Bread Flour Market Drivers

Growing incidences of diabetes among the global population are driving the market growth

According to the International Diabetes Federation (IDF), approximately 537 million adults between the ages of 20 and 79 were living with diabetes in 2021. Besides, the total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. The disease was directly responsible for at least 6.7 million deaths in 2021 alone. This rising prevalence of the disease is driving the demand for an organic bread flour as processed wheat flour s generally mixed with refined flour, which is not good for people suffering from diabetes.

Rapid growth in the adoption of organic farming techniques is poised to increase the growth of the market

Rapid rise in the adoption of organic farming methods such as crop rotation, use of natural fertilizers, and pest control substances is driving the market growth during the forecast period 2022-2027. For instance, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), the total area under the organic certification process in India increased from 3,566,538 hectares in 2017-2018 to approximately 4,339,185 hectares by the year 2020-2021.

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Organic Bread Flour Market Challenges

Lack of stringent regulations on synthetic pesticides is likely to challenge the market growth

The lack of stringent regulations regarding the use of harmful synthetic pesticides is hampering growth opportunities as the availability of effective and cheap chemical products for pest control incentivizes farmers to continue adopting traditional farming techniques, although it can be extremely harmful to the environment and consumers. This gives farmers little incentive for shifting toward organic cultivation as organic fertilizers and preservatives are more expensive. This is especially true in developing regions as little or no regulations regarding the use of harmful chemicals in agriculture exist in these regions. For instance, while the U.S. and Australia only use around 2.5 and 2.0 kilograms of pesticide per hectare of cropland, China uses around 13.1 kilograms.

Organic Bread Flour Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Organic Bread Flour Market. In 2021, the Organic Bread Flour Market share is fragmented by the top ten players present in the market. The Organic Bread Flour Market, top 10 companies are:

Associated British Foods

General Mills

FairhFairheaven Organic Flour Mill

Grain Craft

Hayden Flour Mills

Goodman Fielder

King Arthur Flour

Heartland Mill

Sunrise Flour Mill

The Birkett Mills

For more Food and Beverage Market reports, please click here

#Organic Bread Flour Market size #Organic Bread Flour Market price #Organic Bread Flour Market share #Organic Bread Flour Market trends #Organic Bread Flour Market analysis #Organic Bread Flour Market

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sumiranmasterbatch · 2 years

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Black Masterbatches: Importance and Benefits for the Plastic Industry

In this industrial blog, we will emphasize a plastic industry-centric important product, black Masterbatch, and the role of black masterbatch manufacturer in Ahmedabad.

Before we move forward, it makes sense to learn about a few relevant things, including masterbatches and additives. This move will help you understand the product better. At the same time, general readers will get to know the product in simple language.

Understanding masterbatches

Right from morning till we go to bed, we come across a wide range of plastic-made items and objects, including pipes, water bottles, dust bins, lunch boxes, chairs, CDs, and many more. It isn't the glorification if we say life can’t be imagined without plastic. Containers come in numerous attractive colours. How does that happen? Here comes the role of a masterbatch. Masterbatch is an additive that imparts colour to products and a host of other properties. Black masterbatch manufacturer in Ahmedabad are using the latest technology to manufacture a variety of black masterbatches.

A mixture comprising pigments and additives is heated together. This mixture acts as a carrier polymer. Afterward, this raisin is left to cool and cut into small pieces called granules. These granules are responsible to impart different types of colours and a host of significant properties.

From basics, let’s now move towards the main subject, Black Masterbatches.

Learning about the Black Masterbatches

These types of masterbatches are typically high concentrations of carbon black, ranging between 15-50%. It is dispersed in thermoplastic resins. The thermoplastic resin is acting as a carrier or binder. There are a few other commonly used pigments, including nigrosine dye and bone black.

This product is manufactured with up to 50% of carbon black content in its composition. Therefore, it becomes eligible for use as black pigment in many plastic applications. In this regard, you can connect with a leading black masterbatch supplier.

Salient features

The product is famous for numerous salient features and properties, including:

High Jets

UV Stability

Uniform Dispersion

High-Temperature Resistance

No Issues of bleed or bloom

Ease of processibility

For further details, you can get in touch with the masterbatch supplier in Ahmedabad.

Applications of the product

The business-centric product has found many applications in plastic-based industries. These include Pipes and Film Extrusion, Rotomolded Tank Molding, HDPE Pipes and extrusion, Geo Membranes, Non-Woven Bags, Drip Irrigation, For High Jet, Gloss film, UV sensitive, Geo Textiles, Laterals, Mulch Film, Tarpaulin, Laminations, Thin Film, Molding, Economical glade for injection molding and thick film, PP fiber grade for Multifilament and Mono-Filament, Furthermore, the industry-centric product is useful in a host of other industries, including, electronics, wire, and cable, etc.

Industries

Coming to the industries wherein the brilliant business-centric product is used, it is used namely in:

Building & construction

Agriculture

Automotive

Packaging

In addition to the above major industries, the product is used in many other industries. You are advised to get in touch with a prominent black masterbatch manufacturer in Ahmedabad

Customization

The black masterbatch is available in more than 100 shades to choose from. In addition, a few famous and established masterbatch manufacturers and suppliers in India offer customized solutions. In case, you are looking for customized solutions, connect with Sumiran Masterbatches.

Connect with Sumiran Masterbatches

Are you into the plastic industry? Are you looking for a leading masterbatch manufacturer in Ahmedabad? If your answer to these two questions is yes, then join Hands with Sumiran Masterbatches. The professionally managed company is a leading manufacturer and supplier of a wide range of masterbatches, including White Masterbatch, Black Masterbatch, Colour Masterbatch, and Additive Masterbatches among others.

#black masterbatch manufacturer in ahmedabad #black masterbatch supplier #.Masterbatch supplier #Masterbatch supplier

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bhor-chemicals89 · 17 days

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High-Quality Carbon Unidirectional Fabrics - Bhor Carbon Fiber Products in India

Discover premium carbon unidirectional fabrics by Bhor, a leading provider of top-notch carbon fiber products in India. Our fabrics offer exceptional strength, durability, and lightweight properties, ideal for various industrial applications.

#Carbon Fiber Products in India

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bhor1-chemical · 1 month

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Carbon Fiber Products in India | Bhor Chemicals

Explore our premium selection of carbon fiber products in India, including high-quality carbon unidirectional fabrics. Elevate your projects with our top-notch materials. Shop now at Bhor Chemicals

#Carbon Fiber Products in India

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marketsndata · 23 hours

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1,4 Butanediol Market Size, Share and Growth Report, 2031

Global 1,4 butanediol market size was valued at USD 8.1 billion in 2023, which is expected to grow to USD 16.15 billion in 2031 with a CAGR of 9% during the forecast period between 2024 and 2031. The paints and coatings segment held a prominent share in the global 1,4 butanediol market in 2022. For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), in 2022, the global paints and coatings industry was valued at USD 179.7 billion, representing a year-on-year growth rate of 3.1%.

Asia-Pacific held the dominant market position in the global 1,4 butanediol industry in 2022. According to Akzo Nobel India, a leading paints and coatings market in India, the paints and coatings market in India will reach USD 12.1 billion by 2027.

The benefits of 1,4 butanediol (BDO) in tetrahydrofuran (THF) production include its role as a key intermediate in the synthesis of various high-value polymers and fibers, as well as its use as a universal solvent and raw material for organic synthesis. Therefore, due to the various benefits offered by 1,4 butanediol, its adoption is increasing in THF production, which is a prime aspect augmenting the growth of the market. Additionally, the growth of the paints and coatings industry is accredited to factors such as an increase in the renovation rate, the recent expansion of paints and coatings manufacturing facilities, and a rise in residential construction activities. As a result, the advancing paints and coatings sector is boosting the demand for 1,4 butanediol (BDO) as it is a key ingredient in the paints and coatings product manufacturing. Henceforth, the surge in the demand for 1,4 butanediol (BDO) is supplementing the market growth.

The ongoing product development associated with bio-based 1,4 butanediol will create a favorable outlook for market growth in the long run. For instance, BASF SE has obtained long-term access to bio-based 1,4-butanediol (BDO) from Qore LLC, a joint venture of Cargill and HELM AG. Qore will produce the biobased BDO at Cargill’s biotechnology campus and corn refining operation in Iowa. This collaboration will allow BASF to expand its existing offer of BDO derivatives with bio-based variants, such as polytetramethylene ether glycol (polytetrahydrofuran, PolyTHF) and THF. The first commercial quantities will be available in Q1 2025. Nevertheless, health concerns associated with 1,4 butanediol are restraining the growth of the market.

Sample Report- https://www.marketsandata.com/industry-reports/1-4-butanediol-market/sample-request

Rising Adoption of 1,4 Butanediol in THF is Accelerating the Market Growth

The production of THF from 1,4 butanediol offers a sustainable and environmentally friendly approach, particularly when bio-based methods are employed for the synthesis of 1,4 butanediol and THF. These bio-based processes contribute to the development of low-carbon and energy-efficient production methods, aligning with the principles of green chemistry. The rising adoption of 1,4 butanediol in the production of THF is attributed to the growing demand for THF in various applications such as the manufacturing of plastics, pharmaceuticals, and textiles. The increased use of THF in the above-mentioned industries has led to a higher demand for 1,4 butanediol as a key raw material for its production. This trend is expected to continue as these industries expand, driving the adoption of 1,4 butanediol for THF production.

For instance, according to the recent statistics published by Plastics Europe, a global association for plastics production, in 2021, the total global level of plastics production was 394 million tons, and in 2022, it was 400.3 million tons, an increase of 1.6%.

Ongoing Development of New Lithium-ion Manufacturing Facilities Spurring the Market Growth

1,4 butanediol (BDO) is used in electrodes for lithium-ion battery manufacturing. The increasing adoption of electric vehicles and the development of new electronics manufacturing facilities will propel the deployment of lithium-ion batteries. As a result, lithium-ion battery manufacturers are leveraging their investments for the new manufacturing facility development, which will create a lucrative opportunity for market growth in the coming years as the demand for 1,4 butanediol (BDO) will increase in electrodes.

For instance, in January 2024, Arizona KOREPlex, a battery manufacturer in the United States, announced its plans to open a new lithium-ion battery manufacturing facility in Arizona, United States. In November 2023, Forge Nano, Inc., a prominent materials science company in the United States announced its plans to launch a new lithium-ion battery manufacturing facility in North Carolina, United States. The overall investment cost of the lithium-ion battery manufacturing facility is more than USD 165 million. In addition, in September 2023, Gotion High-tech Co Ltd announced the development of a USD 2 billion lithium-ion battery manufacturing facility in Illinois, the United States by 2024.

Booming Paints and Coatings Sector is Fostering the Market Growth

The key technical properties associated with 1,4 butanediol include a molar mass of 90.122 g·mol−1, density at 1.0171 g/cm3 (20 °C), melting point of 20.1 °C (68.2 °F; 293.2 K), boiling point at 235 °C (455 °F; 508 K), and miscible solubility in water. Thus, 1,4 butanediol (BDO) is an important component in the production of paints and coatings. The 1,4 butanediol is ideal for paints and coatings products such as industrial, surface, and special purpose paints and coatings. The increasing demand for architectural paints and coatings, rising construction activities, and the surging spending power of people are the key determinants spurring the paints and coatings market growth.

For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), the Asia-Pacific paints and coatings market was the leading region, valued at USD 63 billion in 2022. China dominated the Asia-Pacific regional market, which grew at a CAGR of 5.8%. The European region was the second largest market for the paints and coatings industry, valued at USD 42.37 billion in 2022. In addition, the North American paints and coatings sector was the third largest market in the global ranking, valued at USD 33.92 billion in 2022. Hence, the booming paints and coatings industry is driving the demand for 1,4 butanediol worldwide as a cross-linking agent, thereby accelerating the market growth.

The Dominance of the Asia-Pacific Region in the Overall Market

Asia-Pacific is experiencing rapid growth in various industries, such as textiles, electronics, and automotive, which are major consumers of 1,4 butanediol, thereby driving the revenue growth of the market. Also, the Asia-Pacific region offers low-cost labor and resources, making it an attractive destination for 1,4 butanediol. Therefore, Asia-Pacific countries, such as India, China, and Japan, are the major hubs for manufacturing 1,4 butanediol.

Factors, such as the development of new manufacturing facilities for the production of lithium-ion batteries, increasing production of plastics, and surging output for adhesives and sealants, among others, are mainly accelerating the growth of the 1,4 butanediol market across the Asia-Pacific region. For instance, according to the recent 2023 data published by Plastics Europe, the global production of plastics in 2022 was 400.3 million tons and the Asia-Pacific region was the dominant market, holding a share of 54% of the global plastics production. Furthermore, China held about 33% share in the global plastics production. Therefore, the booming end-use industries in the Asia-Pacific region are amplifying the growth of the 1,4 butanediol market.

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Future Market Scenario (2024 – 2031F)

· EVs are expected to experience a rise in their adoption in upcoming years. Due to this, the demand for lithium-ion batteries will also grow, in turn, influencing the market of 1,4 butanediol.

· As environmental concerns push for more sustainable technological solutions, green building initiatives will take place and further accelerate the market.

· Pharmaceutical industry growth will scatter the market demand for innovative and more use cases for 1,4 butanediol.

· Due to research and innovation in industrial grids, there will be more use cases of 1,4 butanediol in factories.

Report Scope

“1,4 Butanediol Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global 1,4 butanediol market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, opportunities and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/1-4-butanediol-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com

#14 Butanediol Market #14 Butanediol Market Size #14 Butanediol Market Share

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vijukumar · 5 days

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The Auto Components Market: Trends, Market Players

The auto components market has witnessed significant growth in recent years, driven by the increasing demand for vehicles and the need for innovative, high-quality components. This blog will delve into the market size, share, and growth, as well as the trends, key players, and challenges faced by the industry.

Market Size, Share, and Growth

The global auto components market is projected to reach a size of $1.4 trillion by 2025, growing at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2025. This growth is primarily driven by the increasing demand for vehicles, particularly in emerging markets such as India and China. The Indian auto components market, for instance, is expected to reach $100 billion by 2025, with a CAGR of 10% from 2020 to 2025.

Market Trends

Several trends are shaping the auto components market:

Electrification: The shift towards electric vehicles (EVs) is driving the demand for specialized components such as batteries, electric motors, and power electronics.

Autonomous Vehicles: The development of autonomous vehicles is leading to increased demand for advanced driver-assistance systems (ADAS) and sensors.

Light weighting: The need to reduce vehicle weight and improve fuel efficiency is driving the adoption of lightweight materials such as aluminum and carbon fiber.

Digitalization: The integration of advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and 5G connectivity is transforming the auto components market.

Market Players and Share

The auto components market is highly competitive, with several key players vying for market share:

Bosch: With a market share of 10.5%, Bosch is one of the leading auto components manufacturers, offering a range of products including braking systems, powertrain components, and ADAS.

Continental: Continental holds a market share of 8.5%, with a focus on advanced driver-assistance systems, powertrain components, and interior electronics.

Denso: Denso has a market share of 7.5%, with a focus on thermal systems, powertrain components, and ADAS.

Mahle: Mahle holds a market share of 6.5%, with a focus on engine components, filtration systems, and thermal management systems.

Market Challenges

The auto components market faces several challenges:

Global Competition: The market is highly competitive, with players from around the world vying for market share.

Regulatory Pressures: Stricter emissions and safety regulations are driving the need for innovative, high-quality components.

Supply Chain Disruptions: The COVID-19 pandemic has highlighted the vulnerability of global supply chains, leading to disruptions and delays.

Technological Advancements: The rapid pace of technological change is requiring manufacturers to invest heavily in research and development to stay competitive.

Conclusion The auto components market is poised for significant growth in the coming years, driven by the increasing demand for vehicles and the need for innovative, high-quality components. Key players such as Bosch, Continental, Denso, and Mahle are well-positioned to capitalize on this growth, but must navigate the challenges of global competition, regulatory pressures, supply chain disruptions, and technological advancements. As the market continues to evolve, it is essential for manufacturers to stay focused on innovation, quality, and customer satisfaction to remain competitive.

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