The Adipic Acid 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 adipic acid market report is segmented by application (nylon 6 6 fiber, nylon 6 6 resin, polyurethane, adipate esters, and others). The market is segmented based on the end-use industry (automotive, electrical and electronics, packaging, building and construction, textile, 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 Adipic Acid 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.
Adipic Acid Market Segmentation
Application- Nylon 6 6 Fiber
- Nylon 6 6 Resin
- Polyurethane
- Adipate Esters
- Automotive
- Electrical and Electronics
- Packaging
- Building and Construction
- Textile
Strategic Insights
Adipic Acid Market Growth Drivers- Rising Adipic Acid Demand in Automotive: Adipic acid is an important building block in the manufacture of nylon-66 and other polyamides commonly used in fabrics, automotive components, and industrial processes. The need for lightweight and more robust materials, especially in the automotive and aerospace industries, encourages the consumption of adipic acid.
- Rising Demand for Bio-Adipic Acid: With the shift towards sustainability, bio-adipic acid has gained huge demand. New developments in green chemistry are making it possible to make bio-adipic acid from renewable resources. This transition is not only driven by the pressures of the law but also provides new opportunities for the manufacturers.
- Urbanization Driving Adipic Acid Demand: Urbanization, especially in developing countries, leads to increased consumption of construction materials as well as automotive parts. Enhanced infrastructure investments also lead to an increase in the demand for adipic acid since it is applied in the manufacturing of coatings, adhesives, and sealants, among other products. Thus, the high demand from developing countries is driving the adipic acid market growth.
- Sustainable Production Processes: The most notable change expected in the industry is the change in production processes to more sustainable ones. Companies are pouring resources into research in order to develop less harmful or even beneficial to the environment production methods, for instance, employing waste or other feedstock. This shift will probably affect supply chains and production methods.
- Advancements in Eco-friendly Adipic Acid Production: Due to progressive changes in chemical engineering and catalysis, the processes leading to the attainment of adipic acid are becoming more productive and less energy-demanding. It is also possible that innovations such as the use of microorganisms through fermentation in the production of adipic acid will enter the market and change its dynamics forever by cutting costs and being eco-friendly.
- Government Regulations Surging Market Growth: Governments all over the world have grown very keen on the control of chemical emissions and raising environmental standards, and this will continue to impact how companies act in the future. For this reason, it will lead to more funding allocated to developing cleaner production technologies and compliance with more severe regulations thus shaping the adipic acid market.
- Expansion in Emerging Regions: The regions such as Asia Pacific, Middle East, and South America have seen much industrial and urban development. This creates a wide market for companies in the production of adipic acid to expand their activities and set up ventures in such economies.
- Growth of Bio-based Adipic Acid: Due to the increased number of people and clients who are adopting sustainable products, the market for bio-based adipic acid is bound to flourish. This emphasizes the need to focus on production strategies that are ‘clean’, allowing them to be more competitive and meet the demands for ‘cleaner’ processes of production.
- Collaborations Driving Adipic Acid Innovation: Companies are turning to research institutions, technology providers, or other support groups’ assistance to drive innovation in adipic acid production and consumption. Such partnerships can help in enhancing R&D capacity for new product development and market expansion.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Adipic Acid 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 Adipic Acid 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.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
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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
A shift towards sustainable production methods is expected to be the key market trends.
Based on geography, Asia Pacific held the largest share of the adipic acid market due to its rapidly growing automotive, electronics, and textile industry.
Based on application, the polyurethane segment is expected to witness the fastest growth during the forecast period.
Asahi Kasei Corporation, INVISTA, LANXESS, PetroChina Company Limited, Ascend Performance Materials, BASF SE, Radici Partecipazioni SpA, BioAmber Inc, Solvay S.A, and Sumitomo Chemical Co Ltd are the key players operating in the adipic acid market.
The growing demand for nylon and polyamides is driving the market growth.
The Adipic Acid 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 Adipic Acid Market - By Grade
1.3.2 Adipic Acid Market - By Application
1.3.3 Adipic Acid Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ADIPIC ACID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. ADIPIC ACID 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 AND RESTRAINTS
6. ADIPIC ACID MARKET - GLOBAL MARKET ANALYSIS
6.1. ADIPIC ACID - GLOBAL MARKET OVERVIEW
6.2. ADIPIC ACID - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ADIPIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - GRADE
7.1. OVERVIEW
7.2. GRADE MARKET FORECASTS AND ANALYSIS
7.3. HIGH PURITY ADIPIC ACID
7.3.1. Overview
7.3.2. High Purity Adipic Acid Market Forecast and Analysis
7.4. LOW PURITY ADIPIC ACID
7.4.1. Overview
7.4.2. Low Purity Adipic Acid Market Forecast and Analysis
8. ADIPIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. NYLON 66
8.3.1. Overview
8.3.2. Nylon 66 Market Forecast and Analysis
8.4. POLYURETHANES
8.4.1. Overview
8.4.2. Polyurethanes Market Forecast and Analysis
8.5. ADIPATE ESTERS
8.5.1. Overview
8.5.2. Adipate Esters Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ADIPIC ACID MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Adipic Acid Market Overview
9.1.2 North America Adipic Acid Market Forecasts and Analysis
9.1.3 North America Adipic Acid Market Forecasts and Analysis - By Grade
9.1.4 North America Adipic Acid Market Forecasts and Analysis - By Application
9.1.5 North America Adipic Acid Market Forecasts and Analysis - By Countries
9.1.5.1 United States Adipic Acid Market
9.1.5.1.1 United States Adipic Acid Market by Grade
9.1.5.1.2 United States Adipic Acid Market by Application
9.1.5.2 Canada Adipic Acid Market
9.1.5.2.1 Canada Adipic Acid Market by Grade
9.1.5.2.2 Canada Adipic Acid Market by Application
9.1.5.3 Mexico Adipic Acid Market
9.1.5.3.1 Mexico Adipic Acid Market by Grade
9.1.5.3.2 Mexico Adipic Acid Market by Application
9.2. EUROPE
9.2.1 Europe Adipic Acid Market Overview
9.2.2 Europe Adipic Acid Market Forecasts and Analysis
9.2.3 Europe Adipic Acid Market Forecasts and Analysis - By Grade
9.2.4 Europe Adipic Acid Market Forecasts and Analysis - By Application
9.2.5 Europe Adipic Acid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Adipic Acid Market
9.2.5.1.1 Germany Adipic Acid Market by Grade
9.2.5.1.2 Germany Adipic Acid Market by Application
9.2.5.2 France Adipic Acid Market
9.2.5.2.1 France Adipic Acid Market by Grade
9.2.5.2.2 France Adipic Acid Market by Application
9.2.5.3 Italy Adipic Acid Market
9.2.5.3.1 Italy Adipic Acid Market by Grade
9.2.5.3.2 Italy Adipic Acid Market by Application
9.2.5.4 United Kingdom Adipic Acid Market
9.2.5.4.1 United Kingdom Adipic Acid Market by Grade
9.2.5.4.2 United Kingdom Adipic Acid Market by Application
9.2.5.5 Russia Adipic Acid Market
9.2.5.5.1 Russia Adipic Acid Market by Grade
9.2.5.5.2 Russia Adipic Acid Market by Application
9.2.5.6 Rest of Europe Adipic Acid Market
9.2.5.6.1 Rest of Europe Adipic Acid Market by Grade
9.2.5.6.2 Rest of Europe Adipic Acid Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Adipic Acid Market Overview
9.3.2 Asia-Pacific Adipic Acid Market Forecasts and Analysis
9.3.3 Asia-Pacific Adipic Acid Market Forecasts and Analysis - By Grade
9.3.4 Asia-Pacific Adipic Acid Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Adipic Acid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Adipic Acid Market
9.3.5.1.1 Australia Adipic Acid Market by Grade
9.3.5.1.2 Australia Adipic Acid Market by Application
9.3.5.2 China Adipic Acid Market
9.3.5.2.1 China Adipic Acid Market by Grade
9.3.5.2.2 China Adipic Acid Market by Application
9.3.5.3 India Adipic Acid Market
9.3.5.3.1 India Adipic Acid Market by Grade
9.3.5.3.2 India Adipic Acid Market by Application
9.3.5.4 Japan Adipic Acid Market
9.3.5.4.1 Japan Adipic Acid Market by Grade
9.3.5.4.2 Japan Adipic Acid Market by Application
9.3.5.5 South Korea Adipic Acid Market
9.3.5.5.1 South Korea Adipic Acid Market by Grade
9.3.5.5.2 South Korea Adipic Acid Market by Application
9.3.5.6 Rest of Asia-Pacific Adipic Acid Market
9.3.5.6.1 Rest of Asia-Pacific Adipic Acid Market by Grade
9.3.5.6.2 Rest of Asia-Pacific Adipic Acid Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Adipic Acid Market Overview
9.4.2 Middle East and Africa Adipic Acid Market Forecasts and Analysis
9.4.3 Middle East and Africa Adipic Acid Market Forecasts and Analysis - By Grade
9.4.4 Middle East and Africa Adipic Acid Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Adipic Acid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Adipic Acid Market
9.4.5.1.1 South Africa Adipic Acid Market by Grade
9.4.5.1.2 South Africa Adipic Acid Market by Application
9.4.5.2 Saudi Arabia Adipic Acid Market
9.4.5.2.1 Saudi Arabia Adipic Acid Market by Grade
9.4.5.2.2 Saudi Arabia Adipic Acid Market by Application
9.4.5.3 U.A.E Adipic Acid Market
9.4.5.3.1 U.A.E Adipic Acid Market by Grade
9.4.5.3.2 U.A.E Adipic Acid Market by Application
9.4.5.4 Rest of Middle East and Africa Adipic Acid Market
9.4.5.4.1 Rest of Middle East and Africa Adipic Acid Market by Grade
9.4.5.4.2 Rest of Middle East and Africa Adipic Acid Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Adipic Acid Market Overview
9.5.2 South and Central America Adipic Acid Market Forecasts and Analysis
9.5.3 South and Central America Adipic Acid Market Forecasts and Analysis - By Grade
9.5.4 South and Central America Adipic Acid Market Forecasts and Analysis - By Application
9.5.5 South and Central America Adipic Acid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Adipic Acid Market
9.5.5.1.1 Brazil Adipic Acid Market by Grade
9.5.5.1.2 Brazil Adipic Acid Market by Application
9.5.5.2 Argentina Adipic Acid Market
9.5.5.2.1 Argentina Adipic Acid Market by Grade
9.5.5.2.2 Argentina Adipic Acid Market by Application
9.5.5.3 Rest of South and Central America Adipic Acid Market
9.5.5.3.1 Rest of South and Central America Adipic Acid Market by Grade
9.5.5.3.2 Rest of South and Central America Adipic Acid Market by Application
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. ADIPIC ACID MARKET, KEY COMPANY PROFILES
11.1. ASAHI KASEI CORPORATION
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. BASF SE
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. INVISTA
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. LANXESS AG
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. ASCEND PERFORMANCE MATERIALS LLCPETROCHINA LIAOYANG PETROCHEMICAL
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. RADICI GROUP
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. HENAN GP CHEMICALS CO.,LTD
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. SHANDONG HONGYE CHEMICAL COMPANY, LTD.
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. BIOAMBER INC.
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. SUMITOMO CHEMICAL 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
11.11. SOLVAY S.A.
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
11.12. NEXCHEM
11.12.1. Key Facts
11.12.2. Business Description
11.12.3. Products and Services
11.12.4. Financial Overview
11.12.5. SWOT Analysis
11.12.6. Key Developments
11.13. FINETECH INDUSTRY LTD.
11.13.1. Key Facts
11.13.2. Business Description
11.13.3. Products and Services
11.13.4. Financial Overview
11.13.5. SWOT Analysis
11.13.6. Key Developments
11.14. GENOMATICA INC.
11.14.1. Key Facts
11.14.2. Business Description
11.14.3. Products and Services
11.14.4. Financial Overview
11.14.5. SWOT Analysis
11.14.6. Key Developments
11.15. HAIHANG INDUSTRY CO. LTD.
11.15.1. Key Facts
11.15.2. Business Description
11.15.3. Products and Services
11.15.4. Financial Overview
11.15.5. SWOT Analysis
11.15.6. Key Developments
11.16. TRACTUS COMPANY LTD.
11.16.1. Key Facts
11.16.2. Business Description
11.16.3. Products and Services
11.16.4. Financial Overview
11.16.5. SWOT Analysis
11.16.6. Key Developments
11.17. SHIJIAZHUANG GUYU CHEMICALS CO. LTD.
11.17.1. Key Facts
11.17.2. Business Description
11.17.3. Products and Services
11.17.4. Financial Overview
11.17.5. SWOT Analysis
11.17.6. Key Developments
11.18. WEGO CHEMICAL GROUP
11.18.1. Key Facts
11.18.2. Business Description
11.18.3. Products and Services
11.18.4. Financial Overview
11.18.5. SWOT Analysis
11.18.6. Key Developments
11.19. JAPAN FINECHEM INC.
11.19.1. Key Facts
11.19.2. Business Description
11.19.3. Products and Services
11.19.4. Financial Overview
11.19.5. SWOT Analysis
11.19.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Asahi Kasei Corporation
2. BASF SE
3. Invista
4. Lanxess AG
5. Ascend Performance Materials LLCPetroChina Liaoyang Petrochemical
6. Radici Group
7. Henan GP Chemicals Co.,Ltd
8. Shandong Hongye Chemical Company, Ltd.
9. BioAmber Inc.
10. Sumitomo Chemical Co., Ltd.
11. Solvay S.A.
12. Nexchem
13. Finetech Industry Ltd.
14. Genomatica Inc.
15. Haihang Industry Co. Ltd.
16. Tractus Company Ltd.
17. Shijiazhuang Guyu Chemicals Co. Ltd.
18. WEGO CHEMICAL GROUP
19. Japan Finechem Inc.
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.