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Optical Metamaterials Will Soon Be Ready for $50 Billion Optics Market, According to Lux Research

Optical Metamaterials Will Soon Be Ready for $50 Billion Optics Market, According to Lux Research From corrective lenses to industrial, medical, aerospace, and other equipment, these novel materials are poised to make a disruptive impact News provided by Share this article Share this article BOSTON, June 10, 2021 /PRNewswire/ Optical metamaterials use carefully controlled nanostructures to manipulate visible light, enabling lighter and thinner optics for everything from eyeglasses to mobile phone cameras. The technology to design and manufacture optical metamaterials is rapidly maturing, making commercial adoption likely soon, according to Lux Research, a leading provider of tech-enabled research and innovation advisory services. The potential $50 billion market ranges from corrective lenses and consumer devices to industrial, medical, aerospace, automotive, and military equipment.

Under Pressure, Consumers Push the Apparel Industry to More Viable Sustainable Practices

Under Pressure, Consumers Push the Apparel Industry to More Viable Sustainable Practices Solvent-based textile recycling technologies are unlikely to be widespread until closer to 2030, and investment is needed in currently nonexistent infrastructure, according to Lux Research News provided by Share this article BOSTON, June 3, 2021 /PRNewswire/  As climate change concerns are moving to the forefront of consumer minds, the apparel industry has been under pressure to adopt sustainable practices. In the apparel industry, it is critical to develop robust textile recovery infrastructure and scale up textile recycling technologies that can handle mixed post-consumer textile waste, according to a new analysis from Lux Research, a leading provider of tech-enabled research and innovation advisory services.

Byproduct-based Leathers, Bio-based Leathers, and Recycled Leathers Expected to Reach $1 Billion by 2025

Share this article Share this article BOSTON, May 6, 2021 /PRNewswire/  Dwindling demand for cow-based products and growing interest in sustainability are driving innovation in leather alternatives, and now is the time to invest, according to new data from Lux Research, a leading provider of tech-enabled research and innovation advisory services. The $400 billion leather goods market is already accepting of alternatives like pleather, on its own a market in the mid-tens of billions of dollars, and with no one-size-fits-all solution, there is ample opportunity to partner or invest. Lux s new report, The Next Alternative: Leather, explores the wide landscape of alternative leathers and makes predictions on the timeline on which these materials could be seen on your next handbag or shoe.

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