Coal to Liquid Fuel (CTL) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Coal to Liquid Fuel (CTL) Market covers analysis By Technology (Direct Liquefaction, Indirect Liquefaction); Application (Transportation Fuel, Cooking Fuel, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00021125
  • Category : Energy and Power
  • No. of Pages : 150
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Coal to Liquid Fuel (CTL) Market Key Findings by 2031

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MARKET INTRODUCTION

Coal and liquid petroleum fuels are two of the most widely used fuels worldwide. Coal is the most common form of fuel used to generate electricity around the world, while petroleum fuels are used in a wide range of vehicles. Coal can be converted into liquid fuels due to their similar internal structure. Because of the growing recognition of the declining levels of petroleum reservoirs, this process has gotten a lot of attention in recent years. Since petroleum is currently more valuable than coal due to its use in transportation, the coal to liquid fuel process (CTL) is becoming more popular.

MARKET DYNAMICS

The abundant availability of coal, particularly when compared to liquid fuels, is the primary driver of the global coal to liquid fuel market. Although the recent drop in crude oil reservoir levels has made headlines, coal reserves have remained productive enough for coal to remain the most widely used power generation fuel. As a result, the conversion of coal to liquid fuels has gained traction in recent years. Synthetic fuels made from coal conversion are usually cleaner than those derived from natural reservoirs. As a result, regulatory authorities around the world are increasingly supportive of coal liquefaction. With oil prices at all-time lows, even multinational conglomerates can struggle to finance large-scale coal-based liquid fuel production. This has become a big stumbling block in the global coal-to liquid fuels (CTL) industry.

MARKET SCOPE

The "Global Coal to Liquid Fuel (CTL) Market Analysis To 2031" is a specialized and in-depth study of energy and power industry with a special focus on the global market trend analysis. The coal to liquid fuel (CTL) market report aims to provide an overview of the coal to liquid fuel (CTL) market with detailed market segmentation by technology, application, and geography. The global coal to liquid fuel (CTL) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading coal to liquid fuel (CTL) market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global coal to liquid fuel (CTL) market is segmented on the basis of technology, and application. Based on technology, the coal to liquid fuel (CTL) market is segmented into: direct liquefaction, and indirect liquefaction. On the basis of power application, the coal to liquid fuel (CTL) market is segmented into: transportation fuel, cooking fuel, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global coal to liquid fuel (CTL) 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 & Central America. The coal to liquid fuel (CTL) 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 coal to liquid fuel (CTL) 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& Central America after evaluating political, economic, social and technological factors affecting the coal to liquid fuel (CTL) market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global coal to liquid fuel (CTL) 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 & Central America. The coal to liquid fuel (CTL) 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 coal to liquid fuel (CTL) 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& Central America after evaluating political, economic, social and technological factors affecting the coal to liquid fuel (CTL) market in these regions.

MARKET PLAYERS

The reports cover key developments in the coal to liquid fuel (CTL) 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 players from coal to liquid fuel (CTL) market are anticipated to lucrative growth opportunities in the future with the rising demand for coal to liquid fuel in the global market. Below mentioned is the list of few companies engaged in the alternate marine power market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the alternate marine power 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.

  •   Altona Energy
  •   Bakrie Global Ventura
  •   Celanese Corporation
  •   CHINA SHENHUA
  •   DKRW Energy Partners LLC.
  •   Envidity Energy Inc.
  •   INNER MONGOLIA YITAI COAL CO., LTD.
  •   Linc Energy Systems.
  •   Monash University.
  •   Sasol Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • 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.

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 Coal To Liquid Fuel (CTL) Market - By Technology
1.3.2 Coal To Liquid Fuel (CTL) Market - By Application
1.3.3 Coal To Liquid Fuel (CTL) Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. COAL TO LIQUID FUEL (CTL) 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. COAL TO LIQUID FUEL (CTL) 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. COAL TO LIQUID FUEL (CTL) MARKET - GLOBAL MARKET ANALYSIS
6.1. COAL TO LIQUID FUEL (CTL) - GLOBAL MARKET OVERVIEW
6.2. COAL TO LIQUID FUEL (CTL) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. COAL TO LIQUID FUEL (CTL) MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. DIRECT LIQUEFACTION
7.3.1. Overview
7.3.2. Direct Liquefaction Market Forecast and Analysis
7.4. INDIRECT LIQUEFACTION
7.4.1. Overview
7.4.2. Indirect Liquefaction Market Forecast and Analysis
8. COAL TO LIQUID FUEL (CTL) MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRANSPORTATION FUEL
8.3.1. Overview
8.3.2. Transportation Fuel Market Forecast and Analysis
8.4. COOKING FUEL
8.4.1. Overview
8.4.2. Cooking Fuel Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis

9. COAL TO LIQUID FUEL (CTL) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Coal To Liquid Fuel (CTL) Market Overview
9.1.2 North America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis
9.1.3 North America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Technology
9.1.4 North America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Application
9.1.5 North America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Countries
9.1.5.1 United States Coal To Liquid Fuel (CTL) Market
9.1.5.1.1 United States Coal To Liquid Fuel (CTL) Market by Technology
9.1.5.1.2 United States Coal To Liquid Fuel (CTL) Market by Application
9.1.5.2 Canada Coal To Liquid Fuel (CTL) Market
9.1.5.2.1 Canada Coal To Liquid Fuel (CTL) Market by Technology
9.1.5.2.2 Canada Coal To Liquid Fuel (CTL) Market by Application
9.1.5.3 Mexico Coal To Liquid Fuel (CTL) Market
9.1.5.3.1 Mexico Coal To Liquid Fuel (CTL) Market by Technology
9.1.5.3.2 Mexico Coal To Liquid Fuel (CTL) Market by Application
9.2. EUROPE
9.2.1 Europe Coal To Liquid Fuel (CTL) Market Overview
9.2.2 Europe Coal To Liquid Fuel (CTL) Market Forecasts and Analysis
9.2.3 Europe Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Technology
9.2.4 Europe Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Application
9.2.5 Europe Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Coal To Liquid Fuel (CTL) Market
9.2.5.1.1 Germany Coal To Liquid Fuel (CTL) Market by Technology
9.2.5.1.2 Germany Coal To Liquid Fuel (CTL) Market by Application
9.2.5.2 France Coal To Liquid Fuel (CTL) Market
9.2.5.2.1 France Coal To Liquid Fuel (CTL) Market by Technology
9.2.5.2.2 France Coal To Liquid Fuel (CTL) Market by Application
9.2.5.3 Italy Coal To Liquid Fuel (CTL) Market
9.2.5.3.1 Italy Coal To Liquid Fuel (CTL) Market by Technology
9.2.5.3.2 Italy Coal To Liquid Fuel (CTL) Market by Application
9.2.5.4 United Kingdom Coal To Liquid Fuel (CTL) Market
9.2.5.4.1 United Kingdom Coal To Liquid Fuel (CTL) Market by Technology
9.2.5.4.2 United Kingdom Coal To Liquid Fuel (CTL) Market by Application
9.2.5.5 Rest of Europe Coal To Liquid Fuel (CTL) Market
9.2.5.5.1 Rest of Europe Coal To Liquid Fuel (CTL) Market by Technology
9.2.5.5.2 Rest of Europe Coal To Liquid Fuel (CTL) Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Coal To Liquid Fuel (CTL) Market Overview
9.3.2 Asia-Pacific Coal To Liquid Fuel (CTL) Market Forecasts and Analysis
9.3.3 Asia-Pacific Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Coal To Liquid Fuel (CTL) Market
9.3.5.1.1 Australia Coal To Liquid Fuel (CTL) Market by Technology
9.3.5.1.2 Australia Coal To Liquid Fuel (CTL) Market by Application
9.3.5.2 China Coal To Liquid Fuel (CTL) Market
9.3.5.2.1 China Coal To Liquid Fuel (CTL) Market by Technology
9.3.5.2.2 China Coal To Liquid Fuel (CTL) Market by Application
9.3.5.3 India Coal To Liquid Fuel (CTL) Market
9.3.5.3.1 India Coal To Liquid Fuel (CTL) Market by Technology
9.3.5.3.2 India Coal To Liquid Fuel (CTL) Market by Application
9.3.5.4 Japan Coal To Liquid Fuel (CTL) Market
9.3.5.4.1 Japan Coal To Liquid Fuel (CTL) Market by Technology
9.3.5.4.2 Japan Coal To Liquid Fuel (CTL) Market by Application
9.3.5.5 South Korea Coal To Liquid Fuel (CTL) Market
9.3.5.5.1 South Korea Coal To Liquid Fuel (CTL) Market by Technology
9.3.5.5.2 South Korea Coal To Liquid Fuel (CTL) Market by Application
9.3.5.6 Rest of Asia-Pacific Coal To Liquid Fuel (CTL) Market
9.3.5.6.1 Rest of Asia-Pacific Coal To Liquid Fuel (CTL) Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Coal To Liquid Fuel (CTL) Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Coal To Liquid Fuel (CTL) Market Overview
9.4.2 Middle East and Africa Coal To Liquid Fuel (CTL) Market Forecasts and Analysis
9.4.3 Middle East and Africa Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Coal To Liquid Fuel (CTL) Market
9.4.5.1.1 South Africa Coal To Liquid Fuel (CTL) Market by Technology
9.4.5.1.2 South Africa Coal To Liquid Fuel (CTL) Market by Application
9.4.5.2 Saudi Arabia Coal To Liquid Fuel (CTL) Market
9.4.5.2.1 Saudi Arabia Coal To Liquid Fuel (CTL) Market by Technology
9.4.5.2.2 Saudi Arabia Coal To Liquid Fuel (CTL) Market by Application
9.4.5.3 U.A.E Coal To Liquid Fuel (CTL) Market
9.4.5.3.1 U.A.E Coal To Liquid Fuel (CTL) Market by Technology
9.4.5.3.2 U.A.E Coal To Liquid Fuel (CTL) Market by Application
9.4.5.4 Rest of Middle East and Africa Coal To Liquid Fuel (CTL) Market
9.4.5.4.1 Rest of Middle East and Africa Coal To Liquid Fuel (CTL) Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Coal To Liquid Fuel (CTL) Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Coal To Liquid Fuel (CTL) Market Overview
9.5.2 South and Central America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis
9.5.3 South and Central America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Application
9.5.5 South and Central America Coal To Liquid Fuel (CTL) Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Coal To Liquid Fuel (CTL) Market
9.5.5.1.1 Brazil Coal To Liquid Fuel (CTL) Market by Technology
9.5.5.1.2 Brazil Coal To Liquid Fuel (CTL) Market by Application
9.5.5.2 Argentina Coal To Liquid Fuel (CTL) Market
9.5.5.2.1 Argentina Coal To Liquid Fuel (CTL) Market by Technology
9.5.5.2.2 Argentina Coal To Liquid Fuel (CTL) Market by Application
9.5.5.3 Rest of South and Central America Coal To Liquid Fuel (CTL) Market
9.5.5.3.1 Rest of South and Central America Coal To Liquid Fuel (CTL) Market by Technology
9.5.5.3.2 Rest of South and Central America Coal To Liquid Fuel (CTL) 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. COAL TO LIQUID FUEL (CTL) MARKET, KEY COMPANY PROFILES
11.1. ALTONA ENERGY
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. BAKRIE GLOBAL VENTURA
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. CELANESE CORPORATION
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. CHINA SHENHUA
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. DKRW ENERGY PARTNERS LLC.
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. ENVIDITY ENERGY INC.
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. INNER MONGOLIA YITAI COAL 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. LINC ENERGY SYSTEMS.
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. MONASH UNIVERSITY.
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. SASOL LIMITED
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. Altona Energy
2. Bakrie Global Ventura
3. Celanese Corporation
4. CHINA SHENHUA
5. DKRW Energy Partners LLC.
6. Envidity Energy Inc.
7. INNER MONGOLIA YITAI COAL CO., LTD.
8. Linc Energy Systems.
9. Monash University.
10. Sasol Limited

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.

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