A Brief of Print Labels Technology and Print Labels Type

The print labels are used for product or brand identification, imparting knowledge or information about the product, and for stopping counterfeiting. The print labels help in creating a brand image, in identifying, increasing awareness about the brand. The increase in safety and precaution by customers is requiring the company to use print labels on its products for providing essential information. The labels printed on the outer side of products and packaging materials are for providing the consumer with essential informationlike its usage, instruction on how to use, ingredients it is made up of, and date of manufactured, expiry date, certifications, and government license. The increase in advancement in technology is helping in creating creative and high-quality labels.

The print labels have a variety of applications like food & beverage, cosmetics, pharmaceutical, and many more. The print labels can be made from different types of printing techniques like Inkjet Printing, Offset, Letterpress, Flexographic Printing, Screen Printing, Gravure Printing, and Digital. There are different types of print labels such as Pressure Sensitive Labels, In-Mold Labels, Wet-Glued labels, Multi-Part Tracking Labels, and others; these are used according to the requirements. The advancing technology in printing techniques and high utilization in packaging by different industry verticals is expected to grow the market share of the Packaging Industry.

Types of Print Labels: –

Pressure Sensitive Labels

The pressure-sensitive labels are a label that only needs the pressure of a finger or hand to be applied and they use an adhesive that is tacky in normal conditions. The pressure-sensitive label uses paper, film, and foil as their primary materials and they can be applied with many various kinds of ink. It only requires a light or moderate pressure for applying on a product surface. The pressure-sensitive labels are made up of three layers a face material, a pressure sensitive adhesive, and a backing sheet coated in a release agent. The layers are required to be laminated together and then die cut to produce the individual labels. The pressure sensitive labels can be in the form of sheet, roll, or fan-fold format as a final product. The increased use of pressure sensitive labels is increasing the demand in the print labels market.

In-mold Labels

The in-mold labeling was initially designed for blow molding. The in-mold labeling uses paper or plastic labels during the manufacturing of containers by different techniques. The mold labeling uses three types of techniques injection molding, Blow molding, and Thermoforming. The in-molding labels help in reducing printing costs but take more time in manufacturing. In-mold labels have several benefits like it gives maximum print quality, the in-mold labels resist humidity. Scratch-resistant, are not susceptible to wrinkles, lower production cost, are environmental, provides a wide range of look and feel options, and it’s easy to shift from one label design to another.

Wet-Glue Labels

The wet-glue is majorly used in the food and beverage industry as it provides quality, longer print runs, and is less costly. The wet-glue labels are very common and typically used for bottles, jars, and plastic containers. The wet-glue labels are coated at the time of application, the printed paper or film substrates are coated on the labeling line immediately before application. The wet-glue labels are available in lamination form, cold-foil stamping, and can be cut or die-cut to any shape.

Sleeves Labels

The sleeves labels are used for giving brands more space to communicate about their products with the customers. The sleeve labels use heat and shrink technology. This technology involves the application of heat to film to shrink it to conform to the contours of a container. The sleeves labels have a lot of advantages like it can be used for just covering a cap of the container to full 100%, 360-degree coverage of container. This gives the brand a wider space to communicate with prospective customers.

Multi-part Labels

The multi-part labels are used for preventing thefts and for increasing the chances of asset recovery. The multi-part labels can replace the need for several different labels on a single product. It reduces costs and saves time. The multi-part labels are used across many industries and in many varying applications like for promotional stickers, money-off vouchers, special price offers in the retail environment on many different products or across the logistics sector where they are used to track parcel movements. The multi-part labels used in tags can duplicate the information in various parts of the tag to reduce errors and prevent vandals from removing them.

Types of Printing Technology are: –

Flexography

Flexography is a form of printing process which uses a flexible relief plate. It is a type of modern version of letterpress which has evolved with high-speed rotary functionality. The flexography type of printing can be used for printing on any kind of substrates including plastic, metallic films, cellophane, and paper. The flexographic printing transfers ink from the plate directly to the printed substrate. The growing use of the flexography printing technique to increase the print labels market share.

Letterpress

It creates an image through relief printing, using raised metal type or plates to compose the required image before the image carrier is linked and the substrate pressed against the image carrier in order to transform the image onto the substrate.

Offset Printing

The offset printing is commonly used; the inked image is transferred from plate to a rubber blanket, then to the printing surface. The offset printing consists of four process colors cyan, magenta, yellow, and key (which is black). It is, therefore, has a major function in the printing process is the prepress production helping in creating all files correctly processed in preparation for printing. The offset printing consists of two types of water offset and waterless offset.

Digital printing

Digital printing is a cost-effective method for printing custom labels with photographic quality graphics, crisp text, and vibrant colors. The digital printing helps in on-demand printing, in short, turnaround time, and can be modified for each impression. Digital printing uses inkjet or laser printers that help in depositing pigment or toner onto a wide variety of substrates including paper, photo paper, canvas, glass, metal, marble, and other substances.

Paper Coating Materials – The Essentials For Good Paper Quality

Paper coating is a method that is used as a finishing process to treat paper and give it additional features. Paper coating materials are defined as the different types of substances that are used in order to coat the base paper, for the purpose of accelerating and improving its basic properties and in turn impart certain features to it, which include brightness, smoothness, and glossiness among others. The different types of paper coating materials have different features and different applications they are able to cater to effectively. The gloss-coated paper is shiny, is able to support high contrast and a vivid color definition unlike other types of coated papers, and is increasingly used for magazines, exhibits, and posters to draw attention. On the other hand, matte-coated papers are less shiny than the gloss-coated papers, similar to dull coated papers, is the least expensive kind of paper, and is used by many small businesses.

Paper coating is increasingly important as paper coatings such as glossy paper coating is able to facilitate the production and printing of high-quality photos possible with more accurate colors and limited contrast loss. Moreover, paper-coating materials are also able to give products an artisanal look as it can be used for wrapping purposes also.

Paper Coating Materials Market, By Product Segment

Different types of paper coating materials are used for enhancing the properties of the paper and board materials an impart glossiness, matte, smoothness among others.  Some of the types of paper coating materials, which are one of the essential parts of the chemical and materials industry are discussed below.

Clay

This type of pigment is also known as kaolin clay and is also one of the most commonly used pigments in the paper and packaging industries for the coating of the different grades of paper. It is able to enhance the printability of the paper and is able to facilitate the extension of paper fibers.

Titanium Dioxide

This pigment is used for the purpose of coating the paper materials and is generally used in small quantities and only case of applications which involve the requirement of properties such as extreme whiteness, opacity, or pitch control. In addition, it can easily improve the base paper quality and increases the brightness of the paper.

Calcium Carbonate    

Calcium carbonate is a type of coating pigment that is used most commonly and widely for paper and board grades. These are attached efficiently to the surface of the paper to be coated with the help of polyvinyl alcohol among some other materials. However, it cannot be used in the manufacture of acid paper is it is an alkaline type of coating pigment and can cause reactions. There are different types of calcium carbonates that are used as coating materials such as PCC (precipitated calcium carbonate) and GCC (ground calcium carbonates), but the PCC is increasingly preferred by the consumers.

Product Offerings by Market Players in Paper Coating Materials Market

The number of industries that are making the use of paper coating materials such as clays, calcium carbonates, and starch among others is increasing due to the growing concerns of the concerned about the quality of the papers produced for catering to the different industries. Thus, this is driving them to demand paper-coating materials in order to improve the product and enhance its overall properties. This is a factor, contributing to the increase in the paper coating materials market size. Moreover, the market players are highly involved and participating in the market to improve and enhance Paper coating materials products and to encourage the use of such products among the people. For example, Archroma, one of the leading companies dealing in the provision of dyes and speciality chemicals. It offers a product called the “Cartacoat”, which is able to facilitate the improvement of gloss properties of the lightweight coated paper by replacing the part so the coating such as kaolin. It shows the ability to be applied directly in the coating mix and is able to effectively maintain the gloss level. In addition, Omya AG, one of the leading companies dealing in the provision of industrial minerals provides a wide range of calcium carbonate products and auxiliary chemicals in order to cater to the demand for paper coating materials. It offers 4 calcium carbonate-based product families called the “Hydrocarb”, “Drycarb”, “Omyaglass”, “Omya Syncarb”.

The Hydrocarb family has different products for delivering high brightness qualities to the paper and contains ground calcium carbonates that can are used for both filling and coating purposes. Drycarb is a product family that includes all the dry or dried-ground calcium carbonate, these products are offered in large bags as well as water-soluble paper bags foe making the handling easier. These products have low anionic charge, easy storage, and excellent shelf life. The Omygloss are special pigments that are specifically designed to comply with the SC grades, and improving the features which include smoothness and gloss and Omya Syncarb are a product that is in the form of precipitated calcium carbonate, suited to meet the demands from the majority consumers and are most commonly used type. Therefore, these products offering by the market players in order to cater to the consumers effectively is aiding in boosting their market position and adding to their contributions towards fuelling the market growth.

Conclusion:

Currently, a different type of calcium carbonate products for use as paper coating materials is expected to hold a significant share in this market and is anticipated to witness a fast growth rate in the upcoming years due to the burgeoning demand from the paper industry as well as the packaging industries.  With respect to current market trends, it is anticipated that the titanium oxide coating materials papers and boards will flourish in the upcoming years with demand being generated owing to the high amount of usage in the paper and packaging industry. There is a growing need for a well-developed and good-quality product, which has good durability, finish, and smoothness among other attractive characteristics. This is one of the major factors, which will continue to play a role in driving this market. In addition, it will attract many new entrants who will bring new and better changes and enhancement in paper coating materials. Thus, the market will remain competitive in the upcoming years and it is projected to show modest growth in the upcoming years. 

Hidden Potential of Control Valve Market

Introduction

The control valve is used to control fluid flow by varying the sizes of the flow passage and is widely used in oil and gas and water and water waste management industries. It is considered as a critical part of the control loop and manipulates flowing fluid, gas, water, chemical and steams and also keeps the regulated process variable close as possible to the desired set point.

Application in Oil and gas industry is holding a significant share in the market

The oil and gas industry is expected to be one of the prominent industries demanding control valves in various applications. Expanding the oil and gas industry is expected to be one of the prime drivers favoring the control valve market trend during the forecast period. Also, companies are investing heavily in the oil and gas expansion plans which further provides ample opportunities for control valve manufacturers in the coming years, especially in the energy and power industry. For instance,  Oil and Natural Gas Corporation (ONGC) in India invested nearly US$2.73 billion on drilling oil and gas wells in the fiscal year 2018-2019. In March 2019, Brookfield acquires Reliance Gas Transportation Infrastructure now known as East-West Pipeline (EWPL) for nearly US$1.80 billion. Also, according to the BP plc report gas demand in Bcm in developing countries like India will increase from 54 in 2017 to 185 by 2040 showing a growth of more than two forty percent.

The control valve market share for water and water waste management industry is growing exponentially during the forecast period

The water and water waste management industry is growing with the increasing demand for safe and efficient waste collection facilities in various parts of the world. Favorable government policies to tackle the issue of water and water waste are propelling the growth opportunities for control valves over the next five years. In 2015 the United Nations set out its ambition to tackle water issues in its 17 Sustainable Development Goals. Rapid urbanization is leading to the acute water shortfalls for many cities in the world and industrialization has driven a dramatic increase in both demand and water pollution leading to boost the demand for the control valve. Furthermore, one of the biggest challenges posed by climate change will ultimately manifest as water issues and now the organization is taking steps to reduce its impact by investing in facility expansion.

The Asia Pacific is the key driver

Asia Pacific region is anticipated to grow at exponential growth in the coming years owing to its highly dense populated countries like India and China. Increasing per capita income coupled with the rapid industrialization and urbanization the control valve market trend is experiencing a significant attraction. With the rapid urbanization, there is an increasing demand for advance and innovative control valve solutions in water waste treatment plants.

Detailed analysis of some of the products by Emerson one of the leading player in the market are below:

Fisher™ Vee-Ball™ V150 Flanged Control Valve; it is considered as one of the best choices for performance and cost-effectiveness across a broad range of applications. Carbon Steel, Stainless, Duplex, and Alloy are the material used and are generally used in critical services such as Noise Abatement, Cavitation, Dirty Service, Erosive, Low Flow and General Service.

Baumann™ 26000 Corrosion-Resistant Control Valve is a unique corrosion-resistant valve featuring a flangeless wafer valve body and powerful multi-spring diaphragm actuator. It usually comes in stainless (PTFE Lined) material and is generally used in critical services such as Low Flow, Corrosive and General Service.

Fisher™ A11 High-Performance Butterfly Valve is a reliable, high-performance Butterfly valve for both throttling and on/off applications. Carbon Steel, Stainless and Alloy are the material used and is used for General Service only.

KTM Model V¬Port Control Ball Valve is a long-life V-port control ball valve with good flow characteristics for various fluids including slurries and fibers. It comes in 316 Stainless Steel, 304 Stainless Steel, Stainless Steel material and is generally used for Corrosive and General Service.

Recent deals, investments, product launches

In March 2020, Total Valve Systems launched a new control valve management system that integrates a range of services designed to maximize efficiency, return on investment and reliability. The new product relies mostly on electrical, hydraulic, or pneumatic actuators to ensure a valve attains a specified degree of opening. The new management system combines valve sizing software, live monitoring, valve diagnostics, maintenance services, system analytics, and reliability reports.

In February 2020, a CIRCOR International brand RTK®, and an international leader in the design and manufacture of control valves and actuators, introduces the REflex Quick Change Seat Control Valve with REact 30 DC-PoP smart actuator, all of them are a flexible all-in-one solution for noise reduction and high-pressure drop applications. The respective REflex QCS Control Valve assembles and disassembles in four quick steps without the need for special tools, and accelerating maintenance by up to eighty-five percent for efficiency and cost-savings.

In January 2020, Severn Glocon Group an engineering firm specializing in control valves secured a multimillion-pound investment from Blue Water Energy to support its five-year growth plan. The company headquartered in Gloucester employs more than 900 staff worldwide, 370 of which are based in the United Kingdom across sites in Gloucestershire, Yorkshire, Rugby, and Scotland. As part of the investment, Severn Glocon management team member Colin Findlay takes on the role of new chief executive and founder Maurice Critchley has been appointed non-executive director and remains an investor alongside Blue Water.

In December 2019, the Spirax Sarco US announces the addition of stainless steel to its Spira-trol™ line of modular control valves, which can be shipped in four days or less through the company’s Quick shipping program. The valves leave the factory preconfigured for the intended application, simplifying installation and reducing customer downtime.

In June 2019, Bürkert one of the leading providers of control valve systems developed the latest generation of valve island—Type 8647 AirLINE SP—in partnership with Siemens.

In 2018, Bürkert (Germany) launched two new control valve products: AirLINE (Type 8652) and AirLINE SP (Type 8647).

Conclusion

There is an increasing number of developments in the control valve market share worldwide, it is evident that all stakeholders engaged in this market are active in all sorts so development in the oil and gas and water and water waste management industry. The market is expected to witness exponential growth opportunities on account of the growing adoption of the growing demand for energy and the introduction of IoT and industry 4.0 in various parts of the world.

Love Nocturnal Activities Use Night Vision Device for More Fun

The night vision device is known as night optical/observation device (NOD) and night vision goggles (NVG) is an optoelectronic device that allows images to be produced in levels of light approaching total darkness. The night vision devices help in the conditions like with little or no light. The night vision devices were made for use at the time of war but with advancing technology, its applications are also increasing. This is driving the market for night vision devices. The night vision devices have three basic functions. That is Detection, Recognition, and Identification. It helps in detecting an object in limited light, recognizes the object, and helps in identifying distinguishing features. The night vision devices come in four different standards starting from Generation 0 then Generation 1, Generation 2, and lastly Generation 3. This is been segmented based on advancing technology and its rising properties with the rise in up-gradation. The night vision devices come in three technologies Thermal Imaging, Infrared Illumination, and Image Intensification or Enhancement. The night vision devices are used in three kinds of products Camera, Goggle, and Scopes. The growing application of night vision devices with advancing technology includes Navigation, Security and Surveillance, for hunting and watching animals in dark, nature observation, increase in nocturnal activities, and many more. The advancing technology is expected to grow the market share of the Semiconductor Industry.

Thermal Imaging

The thermal imaging uses thermographic technology in thermal imaging cameras for detecting the relative difference in the temperature of an object to release or emit heat. The thermography is a general term for scanning, detecting, measuring, and displaying medium wavelength infrared (MWIR) and long-wavelength infrared (LWIR) radiation. The thermal imaging works by capturing high-frequency infrared light (IR) and heat rather than visible light. The thermal imaging device captures the thermal-IR light, and then scans that light with an array of IR detector elements and then interprets the IR light as a sort of heat-map and then converting it into electrical impulses. At last, the impulses go through the device’s processing unit, which further converts the data into an image and sends it to the display. The thermal imaging device is unaffected by smoke or fog and they can be used in absolute darkness since they are not dependant on the visible light. The thermal imaging is highly used for security and surveillance purposes as they can catch any activity through heat reading in total darkness. The increased use of thermal imaging is increasing demand in night vision device market.

Image Intensification/Enhancement

The image intensification or enhancement uses light-amplifying technology that requires minimal light to operate and is used in devices like monocular, binoculars, goggles, and riflescopes. The night vision goggles use image enhancement technology to collect all the available light and then amplifying it to see easily in the dark. Most night vision goggles use image enhancement technology.

Infrared Illumination

The infrared illumination can be used for improving the performance of image intensification devices. It helps in providing a light source to produce enhanced images in a very low-light environment. The infrared illuminators use three illumination technologies incandescent, light-emitting diode (LED) or laser. The

Applications of Night Vision Device are:-

 

Security Application

The night vision device can be used for a variety of security applications like long-range detection, covert surveillance, use in harsh environmental conditions, and provides greater sensitivity in darker locations. The night vision device can help in catching intruders without even them being aware of surveillance and with thermal imagers in dark locations provides the user with detection capability even when intruders attempt to camouflage themselves. The increase in the use of night vision devices for security applications is increasing the night vision device market share.

Law Enforcement Applications

The image intensifiers night vision device can provide high-quality images using very low levels of ambient light and reveal details that thermal imaging cameras may miss. The night vision devices are helpful in search and rescue operations, surveillance, apprehension, forensics, hazardous material response, tracking, and navigation.

Natural Resource Agency Applications

The night vision device can be used for managing natural resources and for observing nocturnal wildlife for research and inventory. The thermal imagers are useful solutions for detecting wildlife fires, animal inventory, detecting disturbed earth, forensic examination, and tasks related to topography and mapping.

Medical Applications

The use of thermal image scanning is a non-invasive medical procedure that requires no physical contact with the patient. The infrared images provided by using thermal imaging provide data that is useful in the evaluation of muscular performance and blood flow. The thermal imagers can also be used for detecting feverish persons in a crowd.

Use of Night Vision Devices in Different Products: –

Scopes

The night vision scopes are normally handheld or mounted on a weapon; scopes are monocular (one eyepiece). The scopes are handheld and not worn like goggles. They can help in viewing a specific object when required and then can be turned back to normal viewing conditions. The scopes can provide a magnification of 2x and higher. The scope is mainly used for target acquisition since the narrow FOV does not provide adequate breadth for night surveillance. The scopes may be waterproof or camera adaptable depending on the application.

Goggles

The goggles are mostly worn on the helmets and goggles are generally binocular (two eye-pieces) and may have a single or stereo lens, depending on the model. Goggles are excellent for constant viewings, like moving around in a vehicle, boats, or aircraft at night. While the monocular and binocular goggles are best used for surveillance and “stop and look” situations. To increase the magnification and to configure them to be more useful for surveillance accessories can be added. Some of the goggles come with water resistivity and provide improved durability.

Cameras

The cameras with night vision technology are mainly used for security purposes. It can record and capture the image and send it to monitor for display or to a VCR for recording. There are wide types of an assortment of adapters available for digital cameras, 35mm cameras, CCTV, and video equipment for night vision devices.

E-Hailing Services – A New Normal in the Public Transit Ecology

There are quite a few factors that are poised to drive e-hailing market growth at an exponential rate during the forecast period. The first and foremost is the conveniences whereby consumers can avail rides just through the means of a mobile application and /or phone call. This nullifies the need for owning a car and bear all the associated expenses. The other reason that is after the aforesaid is the adoption of the aforesaid nullifies the need for owning a car that in turn aid s in the gradual reduction in ambient air pollution and becomes a partial contributor to a host of factors that can decelerate global warming. Moreover, with the rapid pace of infrastructure development undertaken by various governments’ around the world the availability of a comfortable ride experience at one’s fingertips sans the hassles like parking troubles is the sum of all the aforesaid factors. The other aspect that has turned out to be successful to woo in the traditional cab hailers is the attractive offers that various e-hailing service providers offer.

For example, OLA and Uber, two globally renowned companies, provide monthly pass facilities to users, where consumers can use ride pooling at lower rates than paying for their rides every day. This aspect also acts as an initiator for those who are in their early adolescence and inadvertently dissuades them from adhering to the propensity of owning a personal vehicle. The other offerings are the inclusion of services like food delivery and e-wallets for making payments for example to pay utility bills are also poised to drive the e-hailing market to an unprecedented echelon during the forecast period. There have been a few launches as well wherein the government has been a major stakeholder. For example, The Dubai Roads and Transport Authority (RTA) and transportation network company Careem officially launched Hala, an e-hailing service in August 2019 the Careem app will enable a good number portion of the taxi fleet to provide services to the consumers and satiate the increasing demand for ride-hailing services.

Certain key Competitive strategies by the prominent players of the market

There have been a few key developments, which have been set in motion by certain major market players in the global ICT sector. Further, in February 2020, Chinese Ride-Hailing GiantDiDi Chuxing (DiDi) announced that it will launch food delivery services in Japan, from April. This strategic move is to expand its presence in the East Asian country. It already operates ride-hailing service in Japan. Last year, that is 2019, the organization launched a similar service in Mexico. It also announced that it will launch its ride-hailing services in Sydney, Australia, in March 2020. In February 2020, the same organization expanded its range of services in Chile by launching DiDi Taxi in the capital Santiago to improve mobility in the country by making a myriad of options available at a price that can be accessed by the consumers, along with better safety standards, among others. On the other hand, it has been reported that in March 2020, the SoftBank Group Corp is about to a $300 million investment in the autonomous driving subsidiary of DiDi Chuxing.

In the same region of South East Asia, another major emerging player in the e-hailing market Gojek has reportedly raised 1.2 billion in fresh capital and increased its Series F round total to just under $3 billion, in March 2020. Gojek, which operates multiple businesses across ride-hailing, food delivery, logistics, and others. There is speculation that it is in conversation with its rival Grab for a merger. While Gojeck has launched a free online medical consultation service in partnership with Halodoc., in the same month Grab has announced the launch of grocery services in Vietnam. Singapore-headquartered ride-hailing firm Grab has launched GrabMart, a grocery service on its app, in Ho Chi Minh City, Vietnam. GrabMart allows users in the southern city to order fresh and processed food and drinks from its merchant partners, including supermarkets, convenience stores, and food retailers.

In January 2020 it was reported that Estonia’s Bolt closedthe US $50 million funding deal from the European Investment Bank (EIB) to help the startup scale throughout Europe and improve its technology. Moreover, the goal of the funding is to support Bolt’s product development and research in areas where the use of technology can improve the safety, reliability, and sustainability of its services while maintaining the high efficiency of the company’s operations. This includes investments in existing services like ride-hailing as well as personalized mobility services like food delivery.

Among all these giants some of them who are facing certain challenging market conditions, Facedrive Inc. (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ride-sharing network, in March 2020 acquired 100% HiRide Share Ltd in a share exchange agreement that will immediately position Facedrive to corner the Canadian market by adding HiRide’s 20,000+ strong long-distance commuter network to Facedrive’s first-ever carbon neutral first-and-last-mile ride-sharing business. The unique selling proposition of both companies is that they operate on “people and planet first” principles, turning the burgeoning and highly polluting ride-sharing into a service that leaves behind a low carbon footprint. While Facedrive is the evolution in first-and-last-mile ride-sharing, HiRide is the evolution in carpooling. Facedrive ride-hailing offsets any possible CO2 emissions, and for the very first time in ride-sharing history, gives customers the choice to be even more environmentally conscious

The scaling doesn’t stop at automobiles only, many have also integrated bike-sharing services enabling the workers an option to travel at their own pace and choose an eco-friendlier transit option. Thus, from the aforementioned myriad of strategic moves that range from global footprint expansion, increasing the service portfolio and plausible mergers as well as acquisitions its s clear that irrespective what the general market is going through the E-Hailing Market trends are quite favorable. Additionally, despite a mixed consensus about whether it aids in the mitigation of impacts of climate change the global e-hailing market is poised to witness exponential growth during the forecast period. 

Smart Glass for Smart People

The smart glass market is growing with the increase in urbanization and advancements in infrastructure around the world. The smart glass is also known as light control glass (LCG), switchable glass or privacy glass and are used for architectural, automotive, interior, and product design industries. The smart glass technologies help in altering the amount of light transmitted through typically transparent materials, allowing these materials to appear as transparent, translucent, or opaque. The smart glass is an innovative building material that is made from electrochromic glass to create intelligent partitions, windows, and skylights. The active smart glass technology allows the control of various light visible with the help of electricity, the glass gets switched from opaque to transparent, allowing for dynamic light control. The smart glass comes in two primary types passive and active. The passive type includes Thermochromic and Photochromic and Active type includes Electrochromic (EC), Suspended particle Devices (SPD), and Polymer Dispersed Liquid Crystal (PDLC). The advancing technology is expected to grow the market share of the energy and power industry.

Thermochromic Smart Glass

The thermochromic glass is an emerging technology in window design, this smart material changes its tint automatically by using heat and light from the sun to darken or lighten the tint of the glass. The thermochromic is a passive type of smart glass. It reduces glare and increases energy efficiency in the building. These glasses are mainly used for controlling solar heat.

Photochromic Smart Glass

The photochromic smart glasses are a passive type of smart glass technology. The photochromic glass changes its light transmission properties according to the amount of UV light. They are used in color-changing lenses for sunglasses, data storage, novelty items, and super-molecular chemistry but they are majorly used for architectural glazing as a form of smart glass.

Electrochromic Device (ECD)

The electrochromic device glass filters both the light and heat of solar rays. The ECD uses two electrodes to drive ionized particles from the “inside” of the glass (transparent) to the “outside” (opaque). Once the particles have moved, no current is required for them to stay at the current state and this impacts the transition time to a gradual speed from its outdoor edges, inward, and full transition can take several minutes or more, depending on the size of the glass. The electrochromic switchable glass is am an ideal choice for exterior applications like energy-conserving windows but is not good for using as privacy glass as it cannot turn completely opaque.

Suspended Particle Device (SPD)

The Suspended Particle Device contains minuscule solid particles that are suspended in liquid and coated between two thin layers of PET-ITO to create a film. Its shades and cool interior helps in blocking up to 99% of incoming natural or artificial light within seconds of shifting voltage. The suspended particle devices are not recommended for privacy purpose as they don’t turn completely opaque nor it is optimized for projection. The suspended particle device can be used in interiors where darkness is required and even in the exterior. The suspended particle device helps in creating more comfortable and environment-friendly indoor spaces. It saves energy costs by regulating the temperature within a structure.

Polymer Dispersed Liquid Crystal (PDLC)

The Polymer Dispersed Liquid Crystal (PDLC) uses liquid crystal a material that shares characteristics of both liquid and solid compounds, which are dispersed into the polymer. The PDLC with switchable smart glass is one of the most highly used technologies and this type of technology is generally used for interior applications and they can be optimized for use in outdoor conditions. The PDLC is available in two applications laminated (for newly fabricated glass) and retrofit (for existing glass) use. The increase in the use of PDLC will grow the smart glass market share.

Benefits of Smart Glass: –

  • Provides privacy

The smart glass provides privacy and it is one of the main reasons for utilizing this technology. It majorly used in offices for making partitions for meeting rooms, higher-level employees’ rooms, and for improvising the interiors. It is even used for controlling the light and temperature in the office.

  • Light Transmittance

The smart glass helps in controlling temperature and light in the interior area and saves the cost of energy. The smart glass provides total privacy without blocking the outside light, offices, homes, retail stores and among others can opt for total privacy when their glass is switched off. Even in the daylight, some light penetrates the glass without allowing visibility through it, depending on where glass is installed with respect to sun as a slight hue of light comes through glass, acting as a natural, energy free, the gentle light source for the room itself.

  • Easy for using and maintaining

The smart glasses are easy to use and to maintain and are simple both in terms of operation and function. The smart glass can be controlled according to the user choice like the glass can change from frosted to clear at the press of a button, a flick of a switch or even by voice command with use of virtual home assistant making it even easier to use and giving privacy to the occupant as it desires.

  • Improves Aesthetics

The smart glass even helps in improvising the aesthetics of home or office. The smart glass is a glass-based product which makes it provide crystal clear clarity on the surface it has been applied to. The smart glass blends extremely well with the environment and when it is switched off, the glass reverts to a frosted state, ensuring that it looks the part of the surrounding.

  • All-round performance

The smart glass provides an all-around performance by providing saving in energy cost, improving aesthetics, privacy, and reducing energy consumption. The smart glass is giving rise to the use of various technologies for combinations that gives rise to an entirely new product range.  From being a simple privacy solution to a multi-functional projection screen, engaging audiences and reverting to clear glass when not in use.

Applications of Smart Glass:-

  • Office Partitions

The smart glass is used as office partitions, electrically switchable glass partitions and walls add adaptability and provide aesthetics to office interiors.

  • Hotels

The smart glass in the hotel adds elegance and efficiency to the place as it is an ideal solution for including a cozy lounging and sleeping space, clean and relaxing bathroom, it makes you feel spacious within the limited square footage.

  • Hospitals

In hospitals smart glass is eliminating the need for traditional drapery and curtains. It helps the doctor to check the patient without entering a room, reducing disturbances and chances of contamination and improving the overall patient recovery process.

  • Residential

There is a rise in the usage of smart glass in residents owing to use as switchable glass windows, doors, and partitions.

  • Retail

The smart glass is used in retail as a smart visual merchandising technique for complete utilization of storefront windows for advertising and for allowing a view into the store.

Understanding the BFSI Security Industry

Introduction

The Global baking industry has the highest annual costs associated with cybercrime followed by utilities and software companies. Any type of leakage in the confidential data on consumer base, financials and strategies can affect the brand image and especially in the BFSI industry where there is an existence fo both internal and external threats. In recent years the advent of the internet has facilitated in moving most of the banking process online aiming to provide efficient and convenient services to its customers. This has also led to an increase in cybersecurity threats and frauds leading to BFSI enterprises opting for precautionary measures to keep the customers’ data safe. A cybersecurity threat is a malicious act that seeks to steal or even damaged data. Also, as banking customers are moving away from using cash and checks towards relying more on electronic banking, Banking, financial services, and insurance organizations continue to develop more web portals and mobile apps. Although these apps and online portals are aimed at increasing convenience and enhancing the final customer experience, still they pose unique risks in terms of cybersecurity.

BFSI security market trend is witnessing substantial growth in the couple of years as various organization and agencies are established around the globe that tracks the consumer fraud and identify theft complaints, for instance in the United States consumer sentinel network is maintained by the Federal Trade Commission which tracks consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies, in fact in its recent report fraud complaints in the country have increased from 1,165,625 in 2015 to 1,427,563 in 2018. In addition, in 2019 there were around 1,473 breaches 17% up from 1,257 in 2018 but below the record number of breaches of 1,632 in 2017.

The growing interest in cyber insurance and cyber risk as a result of high profile data breaches and awareness also boosts the market for BSFI security in the coming years. In July 2019, one of the worst data breaches of Capital One Financial Corp exposed nearly 100 million records in the United States and approximately 6 million in Canada. The outside individual who took the data was captured by the FBI and the government also states further strict policies to protect the customers from any such acts in the coming future.

Is physical security is an area of interest for the baking sector?

Physical security such as access control and video surveillance is the area of interest for banking and other companies around the world. Video surveillance for monitoring the activities inside as well as outside the industry has now become necessary for banking and financial institution which are aiming to address solutions from theft and terrorism. Such video surveillance solutions are used to protect employees and assets of the company. Other benefits such as lowering robberies, preventing fraud, continuous surveillance and remote accessibility are further increasing the demand for video surveillance and other physical security of the BSFI industry. In addition, increasing investment in research and development by big market players on advance video surveillance capabilities which artificial intelligence that makes it possible for banks to automatically analyzing the threat detection and reduces the need for manual monitoring and adds facial recognition technology to the mix after which institutions have an edge against criminals.

Further, governments and local administration around the world have institutionalized various regulatory measures to limit the fraud and theft cases which in turn, accelerate the growth of global BFSI security markets. Nevertheless, there is a high growth potential for emerging and developing markets and there are regions that still untapped with regards to the realization of its technological potential. The Information and communications technology revolution in various parts of the world fueld by the progress in the semiconductor technology has also accelerated pace of BFSI security market growth over the forecast period.

Latest Developments in the BFSI security Sector

In December 2019, CyberGRX, provider of the world’s first and largest global cyber risk exchange, raised $40 million in Series D funding led by the ICONIQ Capital and also backed by Datadog, Gitlab, Procore, and Snowflake. Funding will help the company to meet increasing demand, including expanding globally and driving innovative product development in the direction that eliminates the current time-consuming procedures. Also, the company will continue to disrupt industry inertia around the third party cyber risk management be advancing an innovative and proven approach to reduce third-party cyber risk.

In December 2019, Secure Code Warriors secured a Series B funding round of US$47.6 million led by Goldman Sachs. Additional investors include ForgePoint Capital and Cisco Investments and US-based Paladin Capital Group. Such funding is used to support global expansion initiative, ongoing research and product development coupled with the establishment of new operations on the West Coast of the United States in Portland, Oregon and across APAC starting with Singapore.

November 2019, Madrid based cybersecurity firm Buguroo secured US$11 million in Series A funding to bring its Deep Learning-based online fraud detection and prevention technology, device assessment, combining behavioral biometrics and malware detection to more financial services customers. Three new investors will join buguroo board Alex Doll and Paul Ayers from Ten Eleven Ventures and Beatriz Gonzalez from Seaya Ventures.

In November 2017, Lifelock a Symantec company and one of the leading providers of proactive identify theft protection company launched an identify protection product LifeLock® Senior† to help adult children protect senior/old age parents from identity theft. LifeLock and Norton brands together are redefining the security industry and offering customers comprehensive protection that helps connect people, information and things. One of the prime features of LifeLock Senior identity protection is the ability for children, with permission from their senior/old age parents, to view their parents’ banking activity and thereby actively monitoring the potential identity threats.

In 2016, Cisco acquired ClodLock Inc, a cloud security private company based in Waltham, Massachusetts which specializes in cloud access security broker technology and provides companies with visibility around user behavior and sensitive data in cloud services, including Iaas, PaaS and SaaS. The acquisition is further enhancing Cisco’s security portfolio and increases its market share by providing protection from the cloud to the network to the endpoint.

Conclusion

There is an increasing number of developments in the BFSI security market worldwide, it is evident that all stakeholders engaged in this market are active in all sorts so development in the security industry. The market is expected to witness exponential growth opportunities on account of the growing adoption of cloud-based security solutions and the increasing risk of data loss around the globe.

Empty Capsules – Facilitating the Remedies for New Age Maladies and Increasing Health Consciousness

The empty capsules market growth is poised to take place at a rapid pace due to the increasing nutraceuticals and pharmaceutical industries. Additionally, the inverse population pyramid that is becoming the new norm around the world is also making space for a growing aging population. This inurn is creating the need for increasing patient affordability and necessitating a greater awareness about the burgeoning health issues that are being supported by favorable government initiatives that are set to drive the global market growth.

empty capsules market

Further, the increasing applications in prescribed pharmaceutical drugs and over-the-counter drugs, nutritional supplements, herbal alternatives are also set to push the empty capsules market trend upwards. Further, empty capsules are also preferred by drug makers that have low bioavailability, critical stability, low melting point, poor water solubility which is also set to propel the market growth during the forecast period. Besides the empty capsules offers a host of benefits that are inclusive of but not limited to low sensibility to oxygen permeability and constant capsule dimensions that are expected to fuel the growth of the empty capsules market. Nevertheless, the growth of the market is set to be affected due to steep capital investments that are required for players who are inclined to enter the supply side of the market.  Furthermore, high gelatin prices are also projected to affect the empty capsule market growth.

The segment of the type of product that is going to occupy the largest market share

From the perspective of the type of products, gelatin capsules are estimated to occupy and sustain a major portion of the market share during the forecast period. This segment of the gelatin capsule is projected to witness such growth due to a plethora of factors. These factors can be listed as biocompatibility, non-allergenicity, thermo-reversibility, and tableting as well as viscoelasticity. Besides, the segment of non-gelatin capsules is projected to witness the highest rate of growth during the forecast period. Particularly considering HPMC capsules or Hydroxypropylmethylcellulose capsules it is important to note that these are resistant to extreme ambient temperature environments like that of extreme heat and extreme humidity. Further, it is characterized by low moisture capabilities which are suitable for a moisture-sensitive ingredient. Additionally, these capsules are derived out of plants that make them even more attractive than gelatin-based products. The main reason for preference over gelatin-based products is that increasing customer preference for products that are devoid of any preservatives as well as free of allergens specifically considering those who are susceptible to allergies from starch and or gluten.

The segment of end-user that is going to occupy the largest market share

On the basis of end-user, the largest market share is that of the pharmaceutical industries because it is an industry that undoubtedly contributes to the upkeep of the health, sustenance of life. It is the primary sector in the entire spectrum of healthcare that contributes to the reduction of the incidence of disease and health-related complications. Further, this one particular end-user industry is subjected to constant research and development that further aids in the reduction of disease and sickness that leads to the reduction of loss of productivity and contributes to the economic output of a nation and consequently of the entire world. Thus, the aforesaid will also lead to the growth of the empty capsule market during the forecast period. Moreover, within the pharmaceutical segment, the sub-segment of antibiotics currently occupies the largest share of the empty capsules market due to the increasing prevalence of bacterial infections and the emergence of viral disease that has taken the world by storm from December 2019. Further, tropical diseases and other ailments whose remedies are still being researched are also a few aspects that are going to keep contributing to the growth of the empty capsules market.

From the perspective of regional markets, the APAC, as well as the North American markets, are poised to fuel the growth of the empty capsule market. With respect to the APAC region, the pharma segment is ever-expanding and has no signs of receding. Further government spending toward achieving healthcare self-dependence is also another factor that is going to fuel the empty capsules market growth. Further growing awareness among the patient population is going to aid in the growth of this market. On the other hand with respect to North America, besides the huge investments in research and developments that the pharma segment is subjected to, there are a growing research and development investment and consumers’ interest in nutraceutical and cosmeceutical products that are going to thrust the market to a new zenith.

Competitive strategies by a key player in this sector

There have been a few key developments, which have been set in motion by certain major market players in the global packaging segment.

In February 2020, Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together referred to as "Dr. Reddy’s") announced the launch of Trientine Hydrochloride Capsules USP, 250 mg. It is a therapeutically equivalent generic version of Syprine® (trientine hydrochloride) Capsules, which are approved by the U.S. Food and Drug Administration (USFDA).

Then going back to 2019, Natural capsules Limited (Natural Capsules) had announced that it has entered into an arrangement to acquire the API business of Naari Pharma Private Limited, an integrated Hormonal Generics & API manufacturer on a slump sale basis. The acquisition covered the API manufacturing sire located in the state of Uttarakhand and associated business focused on the Hormonal API segment.

Again, in October 2019, CapsCanada®, the leading innovator of vegetarian K-CAPS®, relocated its headquarters to a new state-of-the-art facility that is strategically located in Dania Beach, Florida USA. It is in close proximity to major interstate highways Port Everglades and Fort Lauderdale International Airport. This decision was made to accelerate their growth by moving to a spacious facility that is meticulously designed and developed by the owners of CapsCanada®. Further, this would help the organization to increase its distribution footprint to meet the global high demand for the premium vegetarian capsule brand that is devoid of preservatives, allergens, and starches, enabling health-conscious consumers to choose something other than those derived from animal-derived capsules. 

Technological Disruption, Natural Calamity or Geopolitical Rift, The Packaging Machinery Market Is the Mammoth Unstoppable

The packaging machinery market is projected to grow at a CAGR of 5.29% to reach a market size of US$73.034 billion in 2025 from US$53.605 billion in 2019. The market for packaging machinery is expected to see exponential growth during the forecast period. The factors are driving the growth of this market are two-pronged. The first is the wide range of applications. There a quite few notable applications, but with packaged food & beverage industry organizations around the world are increasingly embracing these solutions to ensure the quality of their product is maintained at the highest standards. Secondly, the rise of convenience snacking due to the fast-paced urbanization is also another factor that has made read-to-eat food the go-to preference for today’s urbanites. This is also in part due to the increasing relaxation of food and agricultural trade. Further, today's citizens are global citizens so the inclination to sample exotic preparations is leading to the rise in imports of various foodstuffs that are not native to the region where they are being demanded.

The packaging machinery market trend is also set to surge upwards due to the rise of disposable income and the resulting increase in the standard of living. Besides the aforesaid food and beverage sector, the demand for high-end personal care products is also poised to drive the growth of the market since personal care product requires sturdy packaging solutions to ensure the durability of the products during transit. Further, the packaging machinery market is also witnessing a steady rise in the adoption of smart technologies that enable the integration of numerous smart features that are allowing the various end-users to enhance their productivity.

Key competitive strategies:

To this end, there have been a few key developments, which have been set in motion by certain major market players in the global Automation segment. They are as follows:

In February 2020, bioproduct developer Novamont based out of Italy introduced a new grade of transparent cling film to the Mater-Bi product range that is specifically designed for automatic packaging machines. It is mainly intended for packaging fresh produce and targeted at large scale distribution which engages in retail trade. This clingfilm is also used for medium-sized packaging centers. The unique selling proposition of this product is that along with any probable investment to upgrade the line of packaging machinery a consumer needn’t invest in ad-hoc handling. Further benefits of these integral components are that it is biodegradable, it ensures a great degree of breathability, high transparency, it offers anti-fog properties and last but not the least mechanical strength. Therefore, with projected packaging machinery growth there will be a requirement of such versatile components that will aid in the growth packaging materials as well. Further with the focus on eco-friendly products, both suppliers and consumers are increasingly preferring packaging materials that will intron help in reducing the carbon footprint of the packaging machinery market.

In January 2020, poultry and meat flow wrapper was unveiled by packaging machinery manufacturer Harpak-ULMA that is based on the previously patented technology. The ULMA FS-400 flow-pack machine is marketed to wrap inconsistently shaped and sized items on trays in leak-proof film packaging. Among many benefits extended by this new product is the ease of accessibility as far as the internal components are concerned. The other benefit is that that the new machine also includes a single mechanical cabinet for motors and drive components as well as an electrical cabinet for ease of access. The aforesaid is facilitated by the cantilever design which is an enhancement of the twenty-year-old design of its predecessor.

However, in 2019 a newly incorporated entity managed by Luxemburg based CVC Capital Partner acquired Bosch’s packaging machinery business that is based in Waiblingen. CVC is a private equity and investment advisory firm that has 24 offices in Europe, Asia and the U.S. This agreement includes the transfer of all the associates spread across 15 countries.

Moreover, in March 2019 WestRock a paper and packaging solutions firm has acquired automated packaging machinery firm Linkx Packaging Systems with the objective to expand the former’s automated packaging system offerings portfolio. This acquisition had reported enabled WestRock to address the on-demand packaging for eCommerce applications. The latter’s BoxSizer technology platforms enable consumers to produce multiple sizes of cartons on the same machine. The other benefit which WestRock reportedly would reap is the reduction of the height dimension of custom-sized boxes. Further, this technology will reportedly reduce space, void fill, materials, labor and shipping costs. This by removing excess packaging materials the customers would reduce their environmental footprints and engage in ecofriendly packaging.

In 2019, the Azimuth EVO bagging system has been designed by the Italian manufacturer PFM Packaging Machinery to reduce the downtime for reel changes concomitantly offering automatic film web tracking and a space-saving footprint. This machine will best be suited for stand-up, four-side-seal bags that are increasingly popular for a wide range of food and beverage applications.  Apart fork the aforesaid, another notable launch by this packaging manufacturers includes the latest version of its flexible Pearl flowrapper that is made out of stainless steel for hygienic purposes; the PFM Scirocco, which is an inverted web MAP flowrapper for products that range from wet wipes to dairy products.

Rewinding to 2018, the North American brand of UK-based Riverside Medical Packaging. Ltd. called SP Thermoforming brought about a line of flexible and rigid blister thermoforming machines that feature a new concept of carousel design. It marked the departure from the linear, meters-long chain-pulled thermoformers. All the functions performed by this machinery are via a rotating drum through its radial workstations. SP Thermoforming finds its application in food, pharmaceutical, and medical devices. It is capable of forming both rigid and flexible/soft blisters. This breakthrough design facilitates manufacturers to reallocate manpower which was earlier required to operate an earlier type of packaging machinery. With single-phase low energy consumptions and easy repositioning, this machine reduces its overall footprint which is inclusive of but not limited to the operating cost and energy consumption. Moreover, this peace pf machinery also does away with water cooling, gripper chains and trims reducing the need for high maintenance, contamination, and downtime.

Thus, from the aforesaid key development, it could be discerned that due to a plethora of factors that are stimulating fast-moving consumer goods consumption as well as the need for self-sufficiency in packaging is driving the packaging machinery growth.

Glycinates: The Evolution of Nutritive Food

The growth of the market for glycinates is majorly attributed to the significantly growing demand for dietary supplements, cosmetics, and personal care products due to the growing disposable income and growing concerns regarding the use of supplements and personal care products. In addition, the burgeoning demand for chelated minerals in the form of food additives is considered to be one of the key factors supporting the growth of the glycinates market during the coming years. Also, the use of high adoption of glycinates for their application in feed additives on account of rising concerns regarding the health of the animals is leading to the restricted use of antibiotics which in turn is projected to amplify the global glycinates market growth. The rising demand for animal feed due to growing demand for poultry products and growing meat consumption is also projected to positively impact the market size over the forecast period. The significantly growing pharmaceutical sector is also anticipated to boost the growth of the market owing to numerous applications of glycinates in medical products.

Glycinates Market, by Application segment

On the basis of application, the global glycinates market has been segmented into pharmaceutical, food additive, cosmetics, feed additives, and others. The rising investments in the chemicals and materials industry in the form of R&D and the development of new products also show the potential for the growth of the market during the next five years. The four major applications of glycinates that are available are explained below:

Pharmaceutical

The wide adoption of glycinates in the pharmaceutical industry is one of the key factors supplementing demand for their application in pharmaceutical products. The growing pharmaceutical industry is one of the prime factors responsible for driving the demand for glycinates for the application in the pharmaceutical segment. The pharmaceutical industry is one of the heaviest regulated sectors in the world. In addition, drugs are evaluated according to their safety, quality, and reliability. Furthermore, increasing pharmaceutical sales and OTC sales is further expected to anticipate the growth of the glycinates market for the pharma industry significantly.

Food Additive

The major factors for the growth of the glycinates market for the food additive segment is leading to the high consumption of fast food and significant consumption of beverages due to changing consumer preferences towards the consumption of food with nutritional benefits. Furthermore, the increase in the middle-class population in the major developing economies is one of the factors bolstering the consumption of food and significantly adding up to the growth of the market during the next five years.

Cosmetics

The growing market for cosmetics products due to rapid urbanization and the deeper penetration of personal care and body care products due to the expansion of the distribution channel is projected to amplify the growth of the glycinates market for the cosmetics industry. Furthermore, growing consumer demand for high-quality, and effective products which further deliver immediate and tangible results is also anticipated to boost the demand for high-quality cosmetic and personal care products.

Feed Additives

A feed additive is one of an additive or an extra nutrient that is mixed with the animal feed majorly for enhancing the level of nutrition of the feed which is given to animals. A significant upsurge in the animal diseases is further fuelling the demand for high-quality feed additives, which in turn is projected to propel the growth of the glycinates market for the application in feed additives. Furthermore, the rising demand for meat and dairy products is also leading to the high adoption of feed additives on account of increased concerns for healthy livestock growth.

North America to hold a noteworthy share in the market

Regionally, the global glycinate market has been classified into North America, South America, Europe, Middle East, and Africa and the Asia Pacific. The North American region is projected to hold a noteworthy share in the market owing to the fact that the population is highly concerned about the consumption of nutritional and dietary supplements which is one of the key factors supporting the growth of the market in the region. Furthermore, the presence of the state-of-art pharmaceutical sector is also anticipated to drive the demand for glycinates in countries such as the United States and Canada. The European region is also anticipated to hold a decent share during 2019, owing to the fact that the major European countries such as Germany, France, and the UK are considered as major industries that are well known for their investments in R&D in the pharmaceutical sector. However, the presence of the well-established food and beverage industry and rising concerns regarding personal health is also anticipated to positively impact the growth of the market throughout the forecast period.

The Asia Pacific region is projected to show multiple growth opportunities on account of the presence of major emerging economies such as India, China, Vietnam, and Indonesia. The rapid urbanization and shift of consumer preferences towards the consumption of highly nutritional products due to rising health concerns, growing middle-class population, and rising disposable income. Furthermore, the growing aging population in the region is also considered to positively impact the growth of the market due to the high consumption of medicines as the immunity of aged people is relatively lower. Further, the growing food and beverage industry in the region is also driving the growth of the market as the rising consumption of fast food especially in India and China is projected to fuel the demand for glycinates in the coming years. Moreover, the increasing demand for animal products and the high consumption of meat products in the region is also anticipated to propel the demand for glycinates and add up to the growth of the market during the next five years.