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The human body needs nutrients in small quantities which are very necessary for proper physiological functioning and growth. These nutrients are known as micronutrients. Humans and other living organisms require these micronutrients throughout their life span. Micronutrients are also essential elements for growth of the plants and their productivity. Due to extensive cropping the amount of micronutrients present in soil is drastically decreased. Intensive use of chemicals and fertilizers results in less productive soil. To fulfill basic need of micronutrients to substantial level crops and plans are provided with some amount of micronutrients according to their need.

Transparency Market Research published new market report "Glycolic Acid Market for Personal Care, Household Cleaning, Industrial and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global demand for glycolic acid was valued at USD 93.30 million in 2011 and is expected to reach USD 203.34 million in 2018, growing at a CAGR of 11.8% from 2012 to 2018. In terms of volume, the demand was 40.0 kilo tons in 2011 and is expected to reach 78.1 kilo tons in 2018, growing at a CAGR of 10.1% from 2012 to 2018.

Today, most applications use fiber optic sensor technology. The major factors accountable for driving the fiber optic sensor market are their small size, low power consumption, resistance to electromagnetic interference, and high sensitivity. Technological improvements in terms of increased efficiency and performance have helped in driving the growth of fiber optic sensors. Ongoing technological advancements in the areas of telecommunications and local area networks are expected to boost the market growth rate considerably over the next few years.

Composites (glass fibers, resins, and carbon fibers) find their application in several sectors of the global market including the automotive market. There are several benefits of using composites in vehicles. It renders greater resistance to heat, makes the car lighter, and improves the fuel efficiency of the vehicle.

Laundry care market is changing drastically since past few years as consumers have started finding value in their purchases. With US economy still recovering from economic downturn, many consumers are evaluating their purchasing habits to ensure that they obtain greatest value for their money. Increasing preference for scented laundry care products and allergenic/ green products, and development of new products is gaining consumer acceptance and accelerating the growth of laundry care industry. Most market segments are growing at more than 5% growth rate annually. Detergent liquid - the largest market segment of laundry care industry has undergone double digit growth.

Some of the major factors driving the growth of hygiene products market are rising concerns about personal hygiene and product innovations. Although, feminine hygiene products share the maximum market size, men’s hygiene products are also growing in demand. This is opening new opportunities for the hygiene product manufacturers to develop innovative personal care products.

The perpetual obsession among the younger generation, both men and women, to look young and beautiful is influencing the demand for personal care appliances and this demand is expected to remain modest in the future. In the present scenario, customers are very particular about their health and looks, and this is the reason behind the continuous increasing demand for personal care appliances.

Small appliances market is forecasted to grow substantially in all market segments through 2016 owing to the rise in living standards and need for more comfort. Small appliance industry consists of home appliances that are movable or partially movable and can be used on tables, counters, or other platforms. The growth of small appliances market is expected to be driven by product innovation, upgradation of existing products, and value-added features in the coming years. Small appliances are generally categorized as commercial and home appliances. Commercial appliances are meant for business or office settings, while home appliances are used for household purposes. Popular home appliances target health issues and promise consumer restaurant experience at home.

Feminine care industry is loaded with intense competition, product innovation, changing consumer preferences and increasing consumer health concerns. The major challenge faced by this industry is its ability to maintain pace with the changing lifestyle, attitudes, and ideas of customers. Increasing adoption of physically active lifestyle among women is another significant factor driving the market growth. Use of innovative tampons and ultra thin sanitary pads is growing in demand as protection products as working women and adolescents are sporting figure hugging dresses, swimsuits, and spandex outfits.

Product innovations and use of nature-based ingredients in bath and shower products is driving the growth of this market. Consumers are focusing on buying nature-based products rather than chemical-based products. Many new manufacturers are emerging in the bath and shower industry as this market is creating new growth opportunities with new products development, packaging innovations, lifestyle influences, and distribution or pricing issues. The skin care market is posing the biggest challenge to the growth of the bath and shower industry as this industry is catching consumer attention with multi-benefit and multi-functional products.