The global market for Active Ingredients
for Cosmetics is projected to reach US$3.9 billion by 2025, driven by the disruptive
impact of naturals and the ensuing rise of “Naturaceuticals” as the new buzzword
for cosmetic brands to engage with consumers. Green consumer behavior in the
cosmetics industry is driven by growing public awareness over the toxic and dangerous
chemicals commonly found in beauty and skin care products. Few of the commonly
found chemical toxins in shampoos, conditioners, creams, sunscreens, color
cosmetics, hair color and skin lighteners include 1,4-dioxane; acrylates; benzophenone
& related compounds; butylated compounds; carbon black; cancer-causing carcinogens;
coal tar; ethanolamine compounds; ethoxylated ingredients; formaldehyde and
formaldehyde-releasing preservatives; homosalate; hydroquinone; lead and other
heavy metals; methylisothiazolinone and methylchloroisothiazolinone; mica; nanomaterials;
nitrosamines; octinoxate; parabens; petroleum jelly; phenoxyethanol; polyacrylamide;
p-phenylenediamine; phthalates; quaternium-15; and styrene acrylates copolymer,
among numerous others. These chemicals affect reproductive health, damage cells
and cause cancer, and induce allergies. Also, the world currently lacks specific
federal rules, laws and certifications for beauty products and cosmetic labeling
still continues to be plagued by lack of transparency and use of hidden ingredients.
This scenario is leading to a non-toxic revolution with consumers increasingly
preferring product labels such as herbal, natural and organic. The growing
availability of natural alternatives to synthetic antioxidants; emollients;
emulsifier; humectant; sebum; and polyphenols promises to expand the palette of
natural cosmetics. Read More…
The Global Market for Big Data Technologies and Services is Projected to Reach $60 Billion by 2022
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Big Data market. The global market for Big Data Technologies and Services is projected to reach $60 billion by 2022 , driven by soaring digital data volumes in organizations and the resulting need to turn this data into valuable insights for enhancing operational efficiency, tapping new opportunities and gaining competitive edge. Defined as a natural result of mankind’s obsession with information technology and digitalization, “Big Data” refers to extremely large sets of structured, semi-structured and unstructured data of different types, including text, audio or video, generated from diverse data sources that has the potential to be mined for required information. While data supply associated with big data ecosystem has always been large and voluminous in most organizations, the ability to use these large datasets and convert them into meaningf
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