Butadiene Market Updates by 2031
Butadiene is organic compound which is found in colorless form and is a linking medium between two vinyl groups. The butadiene is a molecule which contains two carbon atoms and acts as a monomer while producing synthetic rubber. Butadiene carries the properties of a rubber and can obtained by thermal decomposition of amyl alcohol. It is produced through various processes such as extraction from hydrocarbons, ethanol, or butenes and dehydrogenation of n-butane. Some examples of butadiene applications are polybutadiene rubber, acrylonitrile butadiene styrene, nitrile rubber, etc.
MARKET DYNAMICS
The global butadiene market is growing at a significant pace owing to driving factors such as increasing demand from tyre industry due to its high resistant to changing temperature. Furthermore, Increasing usage in laboratory because it can be easily changed into gas and liquid form, which is likely to drive the demand for high-performance films in the coming years. However, increasing regulations due to high risk and hazardous effect is projected to hinder the growth of butadiene market. Likewise, development and commercialization of bio-butadiene which is environment friendly may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Butadiene Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the butadiene market with detailed market segmentation by application, product, end-user industry, and geography. The global butadiene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading butadiene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global butadiene market is segmented on the basis of application, product and end-user industry. On the basis of application, the butadiene market is segmented into, polybutadiene, chloroprene, styrene-butadiene, nitrile rubber, acrylonitrile butadiene styrene, adiponitrile, sulfolane, ethylidene norbornene, styrene butadiene latex and other applications. On the basis of product, the market is bifurcated into, quarter-turn valve, multi-turn valve and other products. Based on end-user industry, the global butadiene market is segmented into, plastic and polymer, tire and rubber, chemicals and other end-user industries.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global butadiene market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The butadiene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the butadiene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the butadiene market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global butadiene market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The butadiene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the butadiene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the butadiene market in these regions.
MARKET PLAYERSThe reports cover key developments in the butadiene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from butadiene market are anticipated to lucrative growth opportunities in the future with the rising demand for butadiene in the global market. Below mentioned is the list of few companies engaged in the butadiene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the butadiene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Basf Corporation
- Braskem
- China Petroleum & Chemical Corporation
- Evonik Industries Ag.
- Exxonmobil Chemical Company
- Formosa Plastics Group
- Ineos Group Ag.
- Jsr Corporation
- Lanxess Aktiengesellschaft
- Lg Chem Limited
- 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
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Butadiene Market - By Application
1.3.2 Butadiene Market - By Product
1.3.3 Butadiene Market - By End-user Industry
1.3.4 Butadiene Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BUTADIENE 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. BUTADIENE 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. BUTADIENE MARKET - GLOBAL MARKET ANALYSIS
6.1. BUTADIENE - GLOBAL MARKET OVERVIEW
6.2. BUTADIENE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BUTADIENE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. POLYBUTADIENE
7.3.1. Overview
7.3.2. Polybutadiene Market Forecast and Analysis
7.4. CHLOROPRENE
7.4.1. Overview
7.4.2. Chloroprene Market Forecast and Analysis
7.5. STYRENE-BUTADIENE
7.5.1. Overview
7.5.2. Styrene-butadiene Market Forecast and Analysis
7.6. NITRILE RUBBER
7.6.1. Overview
7.6.2. Nitrile Rubber Market Forecast and Analysis
7.7. ACRYLONITRILE BUTADIENE STYRENE
7.7.1. Overview
7.7.2. Acrylonitrile Butadiene Styrene Market Forecast and Analysis
7.8. ADIPONITRILE
7.8.1. Overview
7.8.2. Adiponitrile Market Forecast and Analysis
7.9. SULFOLANE
7.9.1. Overview
7.9.2. Sulfolane Market Forecast and Analysis
7.10. ETHYLIDENE NORBORNENE
7.10.1. Overview
7.10.2. Ethylidene Norbornene Market Forecast and Analysis
7.11. STYRENE BUTADIENE LATEX
7.11.1. Overview
7.11.2. Styrene Butadiene Latex Market Forecast and Analysis
7.12. OTHER APPLICATIONS
7.12.1. Overview
7.12.2. Other Applications Market Forecast and Analysis
8. BUTADIENE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
8.1. OVERVIEW
8.2. PRODUCT MARKET FORECASTS AND ANALYSIS
8.3. QUARTER-TURN VALVE
8.3.1. Overview
8.3.2. Quarter-turn Valve Market Forecast and Analysis
8.4. MULTI-TURN VALVE
8.4.1. Overview
8.4.2. Multi-turn Valve Market Forecast and Analysis
8.5. OTHER PRODUCTS
8.5.1. Overview
8.5.2. Other Products Market Forecast and Analysis
9. BUTADIENE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
9.1. OVERVIEW
9.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. PLASTIC AND POLYMER
9.3.1. Overview
9.3.2. Plastic and Polymer Market Forecast and Analysis
9.4. TIRE AND RUBBER
9.4.1. Overview
9.4.2. Tire and Rubber Market Forecast and Analysis
9.5. CHEMICALS
9.5.1. Overview
9.5.2. Chemicals Market Forecast and Analysis
9.6. OTHER END-USER INDUSTRIES
9.6.1. Overview
9.6.2. Other End-user Industries Market Forecast and Analysis
10. BUTADIENE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Butadiene Market Overview
10.1.2 North America Butadiene Market Forecasts and Analysis
10.1.3 North America Butadiene Market Forecasts and Analysis - By Application
10.1.4 North America Butadiene Market Forecasts and Analysis - By Product
10.1.5 North America Butadiene Market Forecasts and Analysis - By End-user Industry
10.1.6 North America Butadiene Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Butadiene Market
10.1.6.1.1 Canada Butadiene Market by Application
10.1.6.1.2 Canada Butadiene Market by Product
10.1.6.1.3 Canada Butadiene Market by End-user Industry
10.1.6.2 Mexico Butadiene Market
10.1.6.2.1 Mexico Butadiene Market by Application
10.1.6.2.2 Mexico Butadiene Market by Product
10.1.6.2.3 Mexico Butadiene Market by End-user Industry
10.1.6.3 US Butadiene Market
10.1.6.3.1 US Butadiene Market by Application
10.1.6.3.2 US Butadiene Market by Product
10.1.6.3.3 US Butadiene Market by End-user Industry
10.2. EUROPE
10.2.1 Europe Butadiene Market Overview
10.2.2 Europe Butadiene Market Forecasts and Analysis
10.2.3 Europe Butadiene Market Forecasts and Analysis - By Application
10.2.4 Europe Butadiene Market Forecasts and Analysis - By Product
10.2.5 Europe Butadiene Market Forecasts and Analysis - By End-user Industry
10.2.6 Europe Butadiene Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Butadiene Market
10.2.6.1.1 Germany Butadiene Market by Application
10.2.6.1.2 Germany Butadiene Market by Product
10.2.6.1.3 Germany Butadiene Market by End-user Industry
10.2.6.2 France Butadiene Market
10.2.6.2.1 France Butadiene Market by Application
10.2.6.2.2 France Butadiene Market by Product
10.2.6.2.3 France Butadiene Market by End-user Industry
10.2.6.3 Italy Butadiene Market
10.2.6.3.1 Italy Butadiene Market by Application
10.2.6.3.2 Italy Butadiene Market by Product
10.2.6.3.3 Italy Butadiene Market by End-user Industry
10.2.6.4 United Kingdom Butadiene Market
10.2.6.4.1 United Kingdom Butadiene Market by Application
10.2.6.4.2 United Kingdom Butadiene Market by Product
10.2.6.4.3 United Kingdom Butadiene Market by End-user Industry
10.2.6.5 Russia Butadiene Market
10.2.6.5.1 Russia Butadiene Market by Application
10.2.6.5.2 Russia Butadiene Market by Product
10.2.6.5.3 Russia Butadiene Market by End-user Industry
10.2.6.6 Rest of Europe Butadiene Market
10.2.6.6.1 Rest of Europe Butadiene Market by Application
10.2.6.6.2 Rest of Europe Butadiene Market by Product
10.2.6.6.3 Rest of Europe Butadiene Market by End-user Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Butadiene Market Overview
10.3.2 Asia-Pacific Butadiene Market Forecasts and Analysis
10.3.3 Asia-Pacific Butadiene Market Forecasts and Analysis - By Application
10.3.4 Asia-Pacific Butadiene Market Forecasts and Analysis - By Product
10.3.5 Asia-Pacific Butadiene Market Forecasts and Analysis - By End-user Industry
10.3.6 Asia-Pacific Butadiene Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Butadiene Market
10.3.6.1.1 Australia Butadiene Market by Application
10.3.6.1.2 Australia Butadiene Market by Product
10.3.6.1.3 Australia Butadiene Market by End-user Industry
10.3.6.2 China Butadiene Market
10.3.6.2.1 China Butadiene Market by Application
10.3.6.2.2 China Butadiene Market by Product
10.3.6.2.3 China Butadiene Market by End-user Industry
10.3.6.3 India Butadiene Market
10.3.6.3.1 India Butadiene Market by Application
10.3.6.3.2 India Butadiene Market by Product
10.3.6.3.3 India Butadiene Market by End-user Industry
10.3.6.4 Japan Butadiene Market
10.3.6.4.1 Japan Butadiene Market by Application
10.3.6.4.2 Japan Butadiene Market by Product
10.3.6.4.3 Japan Butadiene Market by End-user Industry
10.3.6.5 South Korea Butadiene Market
10.3.6.5.1 South Korea Butadiene Market by Application
10.3.6.5.2 South Korea Butadiene Market by Product
10.3.6.5.3 South Korea Butadiene Market by End-user Industry
10.3.6.6 Rest of Asia-Pacific Butadiene Market
10.3.6.6.1 Rest of Asia-Pacific Butadiene Market by Application
10.3.6.6.2 Rest of Asia-Pacific Butadiene Market by Product
10.3.6.6.3 Rest of Asia-Pacific Butadiene Market by End-user Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Butadiene Market Overview
10.4.2 Middle East and Africa Butadiene Market Forecasts and Analysis
10.4.3 Middle East and Africa Butadiene Market Forecasts and Analysis - By Application
10.4.4 Middle East and Africa Butadiene Market Forecasts and Analysis - By Product
10.4.5 Middle East and Africa Butadiene Market Forecasts and Analysis - By End-user Industry
10.4.6 Middle East and Africa Butadiene Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Butadiene Market
10.4.6.1.1 South Africa Butadiene Market by Application
10.4.6.1.2 South Africa Butadiene Market by Product
10.4.6.1.3 South Africa Butadiene Market by End-user Industry
10.4.6.2 Saudi Arabia Butadiene Market
10.4.6.2.1 Saudi Arabia Butadiene Market by Application
10.4.6.2.2 Saudi Arabia Butadiene Market by Product
10.4.6.2.3 Saudi Arabia Butadiene Market by End-user Industry
10.4.6.3 U.A.E Butadiene Market
10.4.6.3.1 U.A.E Butadiene Market by Application
10.4.6.3.2 U.A.E Butadiene Market by Product
10.4.6.3.3 U.A.E Butadiene Market by End-user Industry
10.4.6.4 Rest of Middle East and Africa Butadiene Market
10.4.6.4.1 Rest of Middle East and Africa Butadiene Market by Application
10.4.6.4.2 Rest of Middle East and Africa Butadiene Market by Product
10.4.6.4.3 Rest of Middle East and Africa Butadiene Market by End-user Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Butadiene Market Overview
10.5.2 South and Central America Butadiene Market Forecasts and Analysis
10.5.3 South and Central America Butadiene Market Forecasts and Analysis - By Application
10.5.4 South and Central America Butadiene Market Forecasts and Analysis - By Product
10.5.5 South and Central America Butadiene Market Forecasts and Analysis - By End-user Industry
10.5.6 South and Central America Butadiene Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Butadiene Market
10.5.6.1.1 Brazil Butadiene Market by Application
10.5.6.1.2 Brazil Butadiene Market by Product
10.5.6.1.3 Brazil Butadiene Market by End-user Industry
10.5.6.2 Argentina Butadiene Market
10.5.6.2.1 Argentina Butadiene Market by Application
10.5.6.2.2 Argentina Butadiene Market by Product
10.5.6.2.3 Argentina Butadiene Market by End-user Industry
10.5.6.3 Rest of South and Central America Butadiene Market
10.5.6.3.1 Rest of South and Central America Butadiene Market by Application
10.5.6.3.2 Rest of South and Central America Butadiene Market by Product
10.5.6.3.3 Rest of South and Central America Butadiene Market by End-user Industry
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BUTADIENE MARKET, KEY COMPANY PROFILES
12.1. BASF CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BRASKEM
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CHINA PETROLEUM AND CHEMICAL CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. EVONIK INDUSTRIES AG.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. EXXONMOBIL CHEMICAL COMPANY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. FORMOSA PLASTICS GROUP
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. INEOS GROUP AG.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. JSR CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. LANXESS AKTIENGESELLSCHAFT
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. LG CHEM LIMITED
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.Basf Corporation
2.Braskem
3.China Petroleum and Chemical Corporation
4.Evonik Industries Ag.
5.Exxonmobil Chemical Company
6.Formosa Plastics Group
7.Ineos Group Ag.
8.Jsr Corporation
9.Lanxess Aktiengesellschaft
10.Lg Chem Limited
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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