Advanced Biofuels Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Advanced Biofuels Market covers analysis by Fuel Type (Cellulosic Ethanol, Biodiesel, Biobutanol, Bio-DME, Others); Feedstock Type (Lignocellulose, Algae, Jatropha, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00009386
  • Category : Energy and Power
  • No. of Pages : 150
Buy Now

Advanced Biofuels Market Updates by 2031

Buy Now

The Advanced Biofuels Market is expected to register a CAGR of 10.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by Fuel Type (Cellulosic Ethanol, Renewable Diesel, Biogas, Others). The report further presents analysis based on the Feedstock Type (Lignocellulosic Biomass, Vegetable Oils and Animal Fats, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Advanced Biofuels 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.

Advanced Biofuels Market Segmentation

Fuel Type
  • Cellulosic Ethanol
  • Renewable Diesel
  • Biogas
  • Others
Feedstock Type
  • Lignocellulosic Biomass
  • Vegetable Oils and Animal Fats
  • Others

Strategic Insights

Advanced Biofuels Market Growth Drivers
  • Rise in Demand for Energy Security and Emission Reduction: Growth in energy security concerns and escalating concerns over greenhouse gas emission mitigation are major drivers of the advanced biofuels market. Advanced biofuels can provide an exit, as countries transition to decrease their reliance on fossil fuel. Advanced biofuels have been reported to release less emissions than traditional fossil fuels, making them a good alternative for industries required to be in compliance with environmental regulations. Many countries have tightened their emission standards and are providing incentives for use of renewable energy sources like advanced biofuels.
  • Government Intiatives and Support towards Advanced Biofuels Production: Favorable policies and regulations of the government across leading countries create a high demand for advanced biofuels. The regulations here are mostly provided with incentive and mandates on renewable energy production and usage, hence encouraging investment and production in this field. Increasing awareness toward climate change and the necessity to cut back on the emission of greenhouse gases are two big thrusts in the advanced biofuels market.
  • Integration of Advanced Technolgies: Technological breakthroughs in the production of biofuel make the advanced biofuels more efficient and competitive. Advances in cellulosic ethanol and other second-generation biofuels can now use non-food biomass. Such technological breakthroughs will lead to cost reduction in production and scale up the manufacture of biofuels. This will result in higher market opportunities. As these technologies mature, investments will rise and market penetration will be more.
Advanced Biofuels Market Future Trends
  • Growing Investment in Research and Development: There is an evident trend that investment in research and development, for advanced biofuels is most likely to increase. Companies and governments understand the scope that biofuels can add towards energy security and sustainability. This will be reflected in the growth expected in the market for advanced biofuels. The emphasis on research and development will likely find new feedstocks and new production methods that make advanced biofuels even more viable.
  • Investment in Advanced Generation Biofuels: There is a burgeoning market for advanced generation biofuels. Advanced generation biofuels are sourced from non-food biomass, and increased investments can foster new development and productivity gains in production technologies, making advanced biofuels potentially even more competitive than fossil fuels. Growing efforts in energy access and reducing dependence on fossil fuel-based resources from countries in the regions of Asia and Africa trigger more demand for renewable energy alternatives. In this regard, there is enough opportunity for the advanced biofuels market to focus on offering sustainable energy sources as part of local requirements, matched with the context and requirements for environmental objectives. Thus, the growing government investment in the renewable energy sector is a major trend for the market.
Advanced Biofuels Market Opportunities
  • Rising Technological Innovations and Feedstock Diversity: Technological innovations are significantly driving this advanced biofuels market. A considerably improved production efficiency with cost-effectively reduced production is attributed to an improved production technology and diversified feedstock. Thus, the debate about food vs. fuel has been put to rest. Such technological breakthroughs will lead to cost reduction in production and scale up the manufacture of biofuels. This will result in higher market opportunities. As these technologies mature, investments will rise and market penetration will be more.
  • Growing Trend of Feedstock Diversity: Advanced biofuels now face increased feedstock diversification. Unlike the traditional biofuels that rely extensively on food crops, wastes, agricultural residues, and other non-food crops, advanced biofuels can be derived from all of these. Such a shift lowers some of the stresses on food supplies and increases sustainability in biofuels. Feedstock diversity is also innovation diversity as growth in the market translates to innovation.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Advanced Biofuels 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 Advanced Biofuels 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
World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS
  • 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the expected CAGR of the Advanced Biofuels Market?

The Advanced Biofuels Market is estimated to witness a CAGR of 10.2% from 2023 to 2031

What are the driving factors impacting the global Advanced Biofuels Market?

The major factors driving the Advanced Biofuels Market are: Rise in demand for energy security and emission reduction and Government Intiatives and Support towards Advanced Biofuels Production

What is the future trend of the Advanced Biofuels Market?

Technological Innovations and Increasing Demand for Renewable Energy is the key future trend of the Advanced Biofuels Market

Which are the leading players operating in the Advanced Biofuels Market

The leading players operating in the Advanced Biofuels Market include Aemetis, Inc., Algenol, Advanced Biofuels Solutions Ltd., Clariant, Fiberight, Gevo, Inc., Shell Global, INEOS AG, POET-DSM Advanced Biofuels, Exxon Mobil Corporation

What are the deliverable formats of the Advanced Biofuels Market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Advanced Biofuels Market - By Fuel Type
1.3.2 Advanced Biofuels Market - By Feedstock Type
1.3.3 Advanced Biofuels Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ADVANCED BIOFUELS 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. ADVANCED BIOFUELS 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. ADVANCED BIOFUELS MARKET - GLOBAL MARKET ANALYSIS
6.1. ADVANCED BIOFUELS - GLOBAL MARKET OVERVIEW
6.2. ADVANCED BIOFUELS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ADVANCED BIOFUELS MARKET - REVENUE AND FORECASTS TO 2028 - FUEL TYPE
7.1. OVERVIEW
7.2. FUEL TYPE MARKET FORECASTS AND ANALYSIS
7.3. CELLULOSIC ETHANOL
7.3.1. Overview
7.3.2. Cellulosic Ethanol Market Forecast and Analysis
7.4. BIODIESEL
7.4.1. Overview
7.4.2. Biodiesel Market Forecast and Analysis
7.5. BIOBUTANOL
7.5.1. Overview
7.5.2. Biobutanol Market Forecast and Analysis
7.6. BIO-DME
7.6.1. Overview
7.6.2. Bio-DME Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. ADVANCED BIOFUELS MARKET - REVENUE AND FORECASTS TO 2028 - FEEDSTOCK TYPE
8.1. OVERVIEW
8.2. FEEDSTOCK TYPE MARKET FORECASTS AND ANALYSIS
8.3. LIGNOCELLULOSE
8.3.1. Overview
8.3.2. Lignocellulose Market Forecast and Analysis
8.4. ALGAE
8.4.1. Overview
8.4.2. Algae Market Forecast and Analysis
8.5. JATROPHA
8.5.1. Overview
8.5.2. Jatropha Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. ADVANCED BIOFUELS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Advanced Biofuels Market Overview
9.1.2 North America Advanced Biofuels Market Forecasts and Analysis
9.1.3 North America Advanced Biofuels Market Forecasts and Analysis - By Fuel Type
9.1.4 North America Advanced Biofuels Market Forecasts and Analysis - By Feedstock Type
9.1.5 North America Advanced Biofuels Market Forecasts and Analysis - By Countries
9.1.5.1 United States Advanced Biofuels Market
9.1.5.1.1 United States Advanced Biofuels Market by Fuel Type
9.1.5.1.2 United States Advanced Biofuels Market by Feedstock Type
9.1.5.2 Canada Advanced Biofuels Market
9.1.5.2.1 Canada Advanced Biofuels Market by Fuel Type
9.1.5.2.2 Canada Advanced Biofuels Market by Feedstock Type
9.1.5.3 Mexico Advanced Biofuels Market
9.1.5.3.1 Mexico Advanced Biofuels Market by Fuel Type
9.1.5.3.2 Mexico Advanced Biofuels Market by Feedstock Type
9.2. EUROPE
9.2.1 Europe Advanced Biofuels Market Overview
9.2.2 Europe Advanced Biofuels Market Forecasts and Analysis
9.2.3 Europe Advanced Biofuels Market Forecasts and Analysis - By Fuel Type
9.2.4 Europe Advanced Biofuels Market Forecasts and Analysis - By Feedstock Type
9.2.5 Europe Advanced Biofuels Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Advanced Biofuels Market
9.2.5.1.1 Germany Advanced Biofuels Market by Fuel Type
9.2.5.1.2 Germany Advanced Biofuels Market by Feedstock Type
9.2.5.2 France Advanced Biofuels Market
9.2.5.2.1 France Advanced Biofuels Market by Fuel Type
9.2.5.2.2 France Advanced Biofuels Market by Feedstock Type
9.2.5.3 Italy Advanced Biofuels Market
9.2.5.3.1 Italy Advanced Biofuels Market by Fuel Type
9.2.5.3.2 Italy Advanced Biofuels Market by Feedstock Type
9.2.5.4 United Kingdom Advanced Biofuels Market
9.2.5.4.1 United Kingdom Advanced Biofuels Market by Fuel Type
9.2.5.4.2 United Kingdom Advanced Biofuels Market by Feedstock Type
9.2.5.5 Russia Advanced Biofuels Market
9.2.5.5.1 Russia Advanced Biofuels Market by Fuel Type
9.2.5.5.2 Russia Advanced Biofuels Market by Feedstock Type
9.2.5.6 Rest of Europe Advanced Biofuels Market
9.2.5.6.1 Rest of Europe Advanced Biofuels Market by Fuel Type
9.2.5.6.2 Rest of Europe Advanced Biofuels Market by Feedstock Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Advanced Biofuels Market Overview
9.3.2 Asia-Pacific Advanced Biofuels Market Forecasts and Analysis
9.3.3 Asia-Pacific Advanced Biofuels Market Forecasts and Analysis - By Fuel Type
9.3.4 Asia-Pacific Advanced Biofuels Market Forecasts and Analysis - By Feedstock Type
9.3.5 Asia-Pacific Advanced Biofuels Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Advanced Biofuels Market
9.3.5.1.1 Australia Advanced Biofuels Market by Fuel Type
9.3.5.1.2 Australia Advanced Biofuels Market by Feedstock Type
9.3.5.2 China Advanced Biofuels Market
9.3.5.2.1 China Advanced Biofuels Market by Fuel Type
9.3.5.2.2 China Advanced Biofuels Market by Feedstock Type
9.3.5.3 India Advanced Biofuels Market
9.3.5.3.1 India Advanced Biofuels Market by Fuel Type
9.3.5.3.2 India Advanced Biofuels Market by Feedstock Type
9.3.5.4 Japan Advanced Biofuels Market
9.3.5.4.1 Japan Advanced Biofuels Market by Fuel Type
9.3.5.4.2 Japan Advanced Biofuels Market by Feedstock Type
9.3.5.5 South Korea Advanced Biofuels Market
9.3.5.5.1 South Korea Advanced Biofuels Market by Fuel Type
9.3.5.5.2 South Korea Advanced Biofuels Market by Feedstock Type
9.3.5.6 Rest of Asia-Pacific Advanced Biofuels Market
9.3.5.6.1 Rest of Asia-Pacific Advanced Biofuels Market by Fuel Type
9.3.5.6.2 Rest of Asia-Pacific Advanced Biofuels Market by Feedstock Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Advanced Biofuels Market Overview
9.4.2 Middle East and Africa Advanced Biofuels Market Forecasts and Analysis
9.4.3 Middle East and Africa Advanced Biofuels Market Forecasts and Analysis - By Fuel Type
9.4.4 Middle East and Africa Advanced Biofuels Market Forecasts and Analysis - By Feedstock Type
9.4.5 Middle East and Africa Advanced Biofuels Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Advanced Biofuels Market
9.4.5.1.1 South Africa Advanced Biofuels Market by Fuel Type
9.4.5.1.2 South Africa Advanced Biofuels Market by Feedstock Type
9.4.5.2 Saudi Arabia Advanced Biofuels Market
9.4.5.2.1 Saudi Arabia Advanced Biofuels Market by Fuel Type
9.4.5.2.2 Saudi Arabia Advanced Biofuels Market by Feedstock Type
9.4.5.3 U.A.E Advanced Biofuels Market
9.4.5.3.1 U.A.E Advanced Biofuels Market by Fuel Type
9.4.5.3.2 U.A.E Advanced Biofuels Market by Feedstock Type
9.4.5.4 Rest of Middle East and Africa Advanced Biofuels Market
9.4.5.4.1 Rest of Middle East and Africa Advanced Biofuels Market by Fuel Type
9.4.5.4.2 Rest of Middle East and Africa Advanced Biofuels Market by Feedstock Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Advanced Biofuels Market Overview
9.5.2 South and Central America Advanced Biofuels Market Forecasts and Analysis
9.5.3 South and Central America Advanced Biofuels Market Forecasts and Analysis - By Fuel Type
9.5.4 South and Central America Advanced Biofuels Market Forecasts and Analysis - By Feedstock Type
9.5.5 South and Central America Advanced Biofuels Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Advanced Biofuels Market
9.5.5.1.1 Brazil Advanced Biofuels Market by Fuel Type
9.5.5.1.2 Brazil Advanced Biofuels Market by Feedstock Type
9.5.5.2 Argentina Advanced Biofuels Market
9.5.5.2.1 Argentina Advanced Biofuels Market by Fuel Type
9.5.5.2.2 Argentina Advanced Biofuels Market by Feedstock Type
9.5.5.3 Rest of South and Central America Advanced Biofuels Market
9.5.5.3.1 Rest of South and Central America Advanced Biofuels Market by Fuel Type
9.5.5.3.2 Rest of South and Central America Advanced Biofuels Market by Feedstock Type

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. ADVANCED BIOFUELS MARKET, KEY COMPANY PROFILES
11.1. AEMETIS
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. ALGENOL
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. BUTAMAX ADVANCED BIOFUELS LLC
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. CLARIANT
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. DSM
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. FIBERIGHT
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. GEVO
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. GRANBIO
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. INEOS
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. SHELL
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
The List of Companies

1. Aemetis
2. Algenol
3. Butamax Advanced Biofuels LLC
4. Clariant
5. DSM
6. Fiberight
7. Gevo
8. GranBio
9. INEOS
10. Shell

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Energy and Power : READ MORE..