Companies are feeling the pressure to reformulate their products by replacing artificial ingredients with the clean label ingredients. But the crux of the clean label movement across the world is that the consumers are becoming more aware and are discriminating among products. “Clean label” trend will continue to grow, and the food and beverage industry will evolve with it.

There has been an increase in revenue generation from projection mapping and growth with an accelerating rate. This is due to continuous technological advancement which contains different creativity, projection techniques and functionality which has maximized the expectations of audience in terms of entertainment.

The PU foam is gaining traction due to the increased demand for fire retardant materials in home furnishing, which enhances firefighting, mechanical, electrical, warm and acoustic properties along with sound absorption feature. According to U.S. Department of Energy, Rigid foam of polyurethane is the most effective materials used for roof and wall insulation, insulated windows and doors and air barrier sealants in America. Futuristic opportunity for PU foam lies in spray PU foam especially in building and construction application which will impact the materials demand worldwide.

The third generation advanced high-strength steel is gaining traction due to the increased demand for lightweight materials in automotive industry, which enhances fuel efficiency and further increases the speed of the vehicle. The 3GAHSS are commercially available and are being implemented in automobile body designs such as front and rear body, A pillar, roof rail, B pillar, sill, hinge pillar and many more. Futuristic opportunity for 3GAHSS lies in railways, aerospace & defence and space craft which will impact the materials demand worldwide.

Body-worn cameras are gaining popularity as they capture the videos and provide a clarity to officers during field, thereby assuring improved safety. Hence, regional governments are making heavy investments particularly into smart city projects which also promises to provide the locals a sense of security. The increasing need for public security and strong economy are some of the basic factors impacting the need of deployment of IoT for public safety.

The bio-based lubricants are gaining traction owing to increasing demand of Soy-based oils which are utilized in transformers due to low flammable and less toxicity as compared to mineral oil. The biodegradability of soybean oil and vegetable oils is increasing their usage in many industries including automotive, industrial, energy and power among others. Commercial automotive provides ample opportunities for growth of bio-based lubricants in future due to various government initiatives along with renewability which helps in the improvement of lubricants industry.