The Acrylonitrile Market is expected to register a CAGR of 3% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The acrylonitrile market report is segmented by application (acrylic fibers, adiponitrile, styrene acrylonitrile, abs, acrylamide, carbon fiber, nitrile rubber, and others). The market is segmented based on the end-use industry (automotive, electrical and electronics, construction, packaging, and others). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.
Purpose of the ReportThe report Acrylonitrile Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Acrylonitrile Market Segmentation
Application- Acrylic Fibers
- Adiponitrile
- Styrene Acrylonitrile
- ABS
- Acrylamide
- Carbon Fiber
- Nitrile Rubber
- Automotive
- Electrical and Electronics
- Construction
- Packaging
Strategic Insights
Acrylonitrile Market Growth Drivers- Acrylonitrile Demand in Textile Industry: The textile industry is an important end-use sector where acrylonitrile is used as a key feedstock for the production of styrene-acrylonitrile and acrylonitrile acrylic fibers. The textile sector, especially in Asia-Pacific regions, is on an upward trajectory owing to the increased appeal of engineered or synthetic fibers. Modern acrylic fibers are durable and soft and prevent damage by moths and chemicals; hence, their wide usage in fashion as well as household textile items. Subsequent to the change in fashion and rise in demand for synthetic fibers, the usage of acrylonitrile is predicted to increase as well.
- Rising Demand from Automotive Sector: Another factor majorly boosting the acrylonitrile market is the automobile sector, with the increasing application of ABS plastics in the production of vehicles being the primary reason. ABS ensures good mechanical properties, impact resistance, and surface quality, making it suitable for a wide range of automotive applications, including dashboards, interior components, and body skins. Furthermore, with the global production of automobiles rising, especially with the current trends of electric vehicles, there will be an increase in demand for lightweight and strong materials such as ABS, leading to an increase in the use of acrylonitrile.
- Rising Demand for Specialty Chemicals: Acrylonitrile also has applications in producing specialty chemicals like nitriles and others, which find use in adhesives, sealants, coating and many others. With the growth of the chemical sector and the rising application of specialty chemicals in industrial processes, the consumption of acrylonitrile is likely to increase.
- nnovative Production Methods for Acrylonitrile: The future of the acrylonitrile industry is being enhanced by new developments in production methods. Along with novel production technologies based on the principles of catalytic synthesis and other processes enhancement of acrylonitrile output, new technologies producing acrylonitrile via novel processes that are energy-saving are also being advanced. This will help minimize the costs of production and adverse effects on the environment, thereby ensuring that the manufacture of acrylonitrile is efficient and cost-effective in the future.
- Emergence of Bio-Acrylonitrile: The increasing emphasis on the greening of industries is presenting opportunities for the emergence of bio-acrylonitrile. There is research into the use of biomass resources for the production of acrylonitrile that will lessen the usage of crude oil and its byproducts.
- Growing Acrylonitrile Consumption in Electronics: The consumption of acrylonitrile is likely to grow more in the electronics sector due to the increasing prominence of ABS used in devices, enclosures, and shells. With the rise in technology and high disposable income among the people, the sector of consumer electronics is expanding which in turn will lead to the increase in consumption of acrylonitrile. Also, it will find its way into the market through its use in the products, which include the housewares, kitchen, and other appliances.
- Growth in Emerging Markets: There is a vast scope of potential in the acrylonitrile market for developing countries, in particular the Asia Pacific, Latin America, and African regions. These regions are rapidly getting urbanized with high levels of incomes, industrialization, and therefore, an upsurge in demand for synthetic, plastics, and specialty chemicals.
- Rising Acrylonitrile Demand in Composites: The aerospace industry, automotive industry, and other industries have also witnessed a paradigm shift towards lightweight and high-performance composite materials. This has increased the demand for manufacturing acrylonitrile compound derivatives. The advancement employs the utilization of composite structures, which are sourced from acrylonitrile resin kinds of composites, to fill in the requirements of engineered materials, which require performance enhancement of strength-to-weight ratios, among other performance increasing products.
- Strategic Initiatives by Key Players: The synergy between acrylonitrile manufacturers and their consumers is likely to play an important role in the product development process. Auto manufacturers, textile, and specialty chemical producers are cooperating in strategizing and designing acrylonitrile-based products for the respective markets in order to improve market share and competitiveness. Such collaborations lead to new technologies and market growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Acrylonitrile Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Acrylonitrile Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Increasing applications in electronics and consume goods is expected to be the key market trends.
Based on geography, Asia Pacific held the largest share of the acrylonitrile market due to its rapidly growing automotive and building and construction industry.
Based on application, the carbon fiber segment is expected to witness the fastest growth during the forecast period
Asahi Kasei Corporation, Solvay, AnQore, Mitsubishi Chemical Corporation, Taekwang Industrial Co. Ltd, Formosa Plastics Corporation, Sumitomo Chemical Co Ltd, Koninklijke DSM NV, Ascend Performance Materials, and INEOS are the key players operating in the acrylonitrile market.
The expansion of the automotive industry is driving the market growth.
The Acrylonitrile Market is estimated to witness a CAGR of 3% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Acrylonitrile Market - By Application
1.3.2 Acrylonitrile Market - By End-user
1.3.3 Acrylonitrile Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ACRYLONITRILE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ACRYLONITRILE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ACRYLONITRILE MARKET - GLOBAL MARKET ANALYSIS
6.1. ACRYLONITRILE - GLOBAL MARKET OVERVIEW
6.2. ACRYLONITRILE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ACRYLONITRILE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. ACRYLIC FIBER
7.3.1. Overview
7.3.2. Acrylic Fiber Market Forecast and Analysis
7.4. ACRYLONITRILE BUTADIENE STYRENE
7.4.1. Overview
7.4.2. Acrylonitrile Butadiene Styrene Market Forecast and Analysis
7.5. STYRENE-ACRYLONITRILE RESIN
7.5.1. Overview
7.5.2. Styrene-Acrylonitrile Resin Market Forecast and Analysis
7.6. ACRYLAMIDE
7.6.1. Overview
7.6.2. Acrylamide Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. ACRYLONITRILE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. ELECTRONIC INDUSTRY
8.4.1. Overview
8.4.2. Electronic Industry Market Forecast and Analysis
8.5. CONSTRUCTION INDUSTRY
8.5.1. Overview
8.5.2. Construction Industry Market Forecast and Analysis
8.6. PACKAGING INDUSTRY
8.6.1. Overview
8.6.2. Packaging Industry Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. ACRYLONITRILE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Acrylonitrile Market Overview
9.1.2 North America Acrylonitrile Market Forecasts and Analysis
9.1.3 North America Acrylonitrile Market Forecasts and Analysis - By Application
9.1.4 North America Acrylonitrile Market Forecasts and Analysis - By End-user
9.1.5 North America Acrylonitrile Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Acrylonitrile Market
9.1.5.1.1 Canada Acrylonitrile Market by Application
9.1.5.1.2 Canada Acrylonitrile Market by End-user
9.1.5.2 Mexico Acrylonitrile Market
9.1.5.2.1 Mexico Acrylonitrile Market by Application
9.1.5.2.2 Mexico Acrylonitrile Market by End-user
9.1.5.3 US Acrylonitrile Market
9.1.5.3.1 US Acrylonitrile Market by Application
9.1.5.3.2 US Acrylonitrile Market by End-user
9.2. EUROPE
9.2.1 Europe Acrylonitrile Market Overview
9.2.2 Europe Acrylonitrile Market Forecasts and Analysis
9.2.3 Europe Acrylonitrile Market Forecasts and Analysis - By Application
9.2.4 Europe Acrylonitrile Market Forecasts and Analysis - By End-user
9.2.5 Europe Acrylonitrile Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Acrylonitrile Market
9.2.5.1.1 Germany Acrylonitrile Market by Application
9.2.5.1.2 Germany Acrylonitrile Market by End-user
9.2.5.2 France Acrylonitrile Market
9.2.5.2.1 France Acrylonitrile Market by Application
9.2.5.2.2 France Acrylonitrile Market by End-user
9.2.5.3 Italy Acrylonitrile Market
9.2.5.3.1 Italy Acrylonitrile Market by Application
9.2.5.3.2 Italy Acrylonitrile Market by End-user
9.2.5.4 United Kingdom Acrylonitrile Market
9.2.5.4.1 United Kingdom Acrylonitrile Market by Application
9.2.5.4.2 United Kingdom Acrylonitrile Market by End-user
9.2.5.5 Russia Acrylonitrile Market
9.2.5.5.1 Russia Acrylonitrile Market by Application
9.2.5.5.2 Russia Acrylonitrile Market by End-user
9.2.5.6 Rest of Europe Acrylonitrile Market
9.2.5.6.1 Rest of Europe Acrylonitrile Market by Application
9.2.5.6.2 Rest of Europe Acrylonitrile Market by End-user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Acrylonitrile Market Overview
9.3.2 Asia-Pacific Acrylonitrile Market Forecasts and Analysis
9.3.3 Asia-Pacific Acrylonitrile Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Acrylonitrile Market Forecasts and Analysis - By End-user
9.3.5 Asia-Pacific Acrylonitrile Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Acrylonitrile Market
9.3.5.1.1 Australia Acrylonitrile Market by Application
9.3.5.1.2 Australia Acrylonitrile Market by End-user
9.3.5.2 China Acrylonitrile Market
9.3.5.2.1 China Acrylonitrile Market by Application
9.3.5.2.2 China Acrylonitrile Market by End-user
9.3.5.3 India Acrylonitrile Market
9.3.5.3.1 India Acrylonitrile Market by Application
9.3.5.3.2 India Acrylonitrile Market by End-user
9.3.5.4 Japan Acrylonitrile Market
9.3.5.4.1 Japan Acrylonitrile Market by Application
9.3.5.4.2 Japan Acrylonitrile Market by End-user
9.3.5.5 South Korea Acrylonitrile Market
9.3.5.5.1 South Korea Acrylonitrile Market by Application
9.3.5.5.2 South Korea Acrylonitrile Market by End-user
9.3.5.6 Rest of Asia-Pacific Acrylonitrile Market
9.3.5.6.1 Rest of Asia-Pacific Acrylonitrile Market by Application
9.3.5.6.2 Rest of Asia-Pacific Acrylonitrile Market by End-user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Acrylonitrile Market Overview
9.4.2 Middle East and Africa Acrylonitrile Market Forecasts and Analysis
9.4.3 Middle East and Africa Acrylonitrile Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Acrylonitrile Market Forecasts and Analysis - By End-user
9.4.5 Middle East and Africa Acrylonitrile Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Acrylonitrile Market
9.4.5.1.1 South Africa Acrylonitrile Market by Application
9.4.5.1.2 South Africa Acrylonitrile Market by End-user
9.4.5.2 Saudi Arabia Acrylonitrile Market
9.4.5.2.1 Saudi Arabia Acrylonitrile Market by Application
9.4.5.2.2 Saudi Arabia Acrylonitrile Market by End-user
9.4.5.3 U.A.E Acrylonitrile Market
9.4.5.3.1 U.A.E Acrylonitrile Market by Application
9.4.5.3.2 U.A.E Acrylonitrile Market by End-user
9.4.5.4 Rest of Middle East and Africa Acrylonitrile Market
9.4.5.4.1 Rest of Middle East and Africa Acrylonitrile Market by Application
9.4.5.4.2 Rest of Middle East and Africa Acrylonitrile Market by End-user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Acrylonitrile Market Overview
9.5.2 South and Central America Acrylonitrile Market Forecasts and Analysis
9.5.3 South and Central America Acrylonitrile Market Forecasts and Analysis - By Application
9.5.4 South and Central America Acrylonitrile Market Forecasts and Analysis - By End-user
9.5.5 South and Central America Acrylonitrile Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Acrylonitrile Market
9.5.5.1.1 Brazil Acrylonitrile Market by Application
9.5.5.1.2 Brazil Acrylonitrile Market by End-user
9.5.5.2 Argentina Acrylonitrile Market
9.5.5.2.1 Argentina Acrylonitrile Market by Application
9.5.5.2.2 Argentina Acrylonitrile Market by End-user
9.5.5.3 Rest of South and Central America Acrylonitrile Market
9.5.5.3.1 Rest of South and Central America Acrylonitrile Market by Application
9.5.5.3.2 Rest of South and Central America Acrylonitrile Market by End-user
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ACRYLONITRILE MARKET, KEY COMPANY PROFILES
11.1. ANQORE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ASAHI KASEI CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ASCEND PERFORMANCE MATERIALS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. INEOS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MITSUBISHI CHEMICAL CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PETKIM PETROKIMYA HOLDING AS.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PJSC LUKOIL OIL COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RELIANCE INDUSTRIES LIMITED
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SUMITOMO CHEMICAL CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TAEKWANG INDUSTRIAL CO. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Anqore2.Asahi Kasei Corporation3.Ascend Performance Materials4.Ineos5.Mitsubishi Chemical Corporation6.Petkim Petrokimya Holding As.7.Pjsc Lukoil Oil Company8.Reliance Industries Limited9.Sumitomo Chemical Co. Ltd.10.Taekwang Industrial Co. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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