Glass Filled Nylon Market Scope and Size 2031
The Glass Filled Nylon Market is expected to register a CAGR of 5% 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 Type (Polyamide 6, Polyamide 66, Others). The global analysis is further broken-down at regional level and major countries. The report further presents analysis based on Glass Filling (10 Glass Filled, 20 Glass Filled, 30 Glass Filled, 30 Glass Filled). The global analysis is further broken-down at 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 and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Glass Filled Nylon 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.
Glass Filled Nylon Market Segmentation
Type- Polyamide 6
- Polyamide 66
- Others
- 10 Glass Filled
- 20 Glass Filled
- 30 Glass Filled
- 30 Glass Filled
- Automotive
- Electrical and Electronics
- Industrial
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Glass Filled Nylon Market Growth Drivers- Increased Demand for Glass-Reinforced Nylon in Automotive and Industrial Markets: Glass-reinforced nylon is increasing in demand within the automotive and industrial markets on account of its superior mechanical properties such as higher strengths, stiffness, and heat tolerance. Such materials are incorporated in various parts of the automotive industry namely the engine, components used to transmit power, and other stress bearing elements where emphasis is given on performance and minimizing weight.
- Growth in Glass-Filled Nylon Usage in Electrical and Electronics: Rapid growth in the consumption of glass filled nylon in electrical and electronic components remains one of the primary factors motivating the market. This polymer has excellent insulation, combined with strength and heat resistance, making it perfect for use in such products like connectors, switches, housings, circuit boards, and others which need to be reliable and durable.
- Glass-Filled Nylon in Consumer Goods and Appliances: The application of glass-filled nylon is rapidly gaining traction in consumer goods and appliances due to its capacity to enhance product quality at a reasonable cost. This weight optimisation is helping in the improvements of the power tools, home appliances and electronics as the materials can hold high strength to weight ratio and thus helping in making lighter and stronger products.
- Electric Vehicles (EVs) Driving Glass-Filled Nylon Demand: As electric vehicles are making their way into mainstream usage, the automobile industry will witness the rapid adoption of glass-filled nylon for its lightweight, high strength, and resistance to heat characteristics. More and more components like battery enclosures, parts of the motor, and structural components of electric vehicles will make use of glass-filled nylon in the pursuit of performance and sustainability.
- Consumer Electronics Fueling Glass-Filled Nylon Demand: The wearables’ segment, mobile and compact electronics devices within the consumer electronics market is anticipated to drive demand for glass filled nylon which is likely to increase in the forecast period. The material’s amazing electrical insulating properties along with strength and toughness helps satisfy the need for housings and connectors in portable electronic devices.
- Glass-Filled Nylon in 3D Printing and Advanced Manufacturing: The proportion of glass filled nylon expended in 3D printing is projected to increase. Its mechanical strength and dimensional stability as well as its ease of application in additive manufacturing enables the material for the production of advanced prototypes and even complex components. With time, as technology tends towards 3D glass filled industries, it is projected that glass filled nylon will be applied more frequently in industries including aerospace, automotive, and medical industries.
- Glass-Filled Nylon in Electric Vehicles (EVs): Looking to the horizon, as electric vehicles become a norm, parts made of glass-filled nylon will become more in demand, particularly due to parts enhanced with high strength, heat durability and insulation. In applications for EVs such as battery enclosures, structural parts, and electric motor components will experience growth as the automotive world gears up for more electrification.
- Use of Glass-Filled Nylon in Consumer Electronics: With the expansion of the consumer electronics industry, it is safe to say glass nylon composites will find more applications in portable devices like smartphones, laptops, wearables and other home appliances. The toughness, light weight and ability to provide support inside small and sleek shapes of such materials give way to the growth of modern secondary economies.
- Surge in Demand for Glass-Filled Nylon in Additive Manufacturing: To additive manufacturing, as well as to the manufacture of devices by layer - glass filled nylon has become more relevant to this purpose because the trends of making tailored functional components have grown. Glass-filled nylon is increasingly being adopted in rapid prototyping and low-volume production spanning multiple sectors like automotive and healthcare with the evolution of 3D printing technologies.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Glass Filled Nylon 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 Glass Filled Nylon Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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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
The Glass Filled Nylon Market is estimated to witness a CAGR of 5% from 2023 to 2031
Rising demand for high-performance materials in automotive and industrial applications is driving the market growth
DuPont de Nemours, Inc.
; BASF SE
; Solvay
; LANXESS AG
; DSM Engineering Materials
; Toray Industries, Inc.
; Ascend Performance Materials
; Clariant International Ltd.
; Evonik Industries AG
; PolyOne Corporation
; SABIC
; 3M Company
; Mitsui Chemicals, Inc.
; Kraton Polymers
; Huntsman Corporation
Based on type, the polyamide 66 segment is expected to witness the fastest growth during the forecast period
Based on geography, Asia Pacific held the largest share of the glass filled nylon market due to the well-established automotive industry across the region, coupled with continuous growth and development
Increase in demand from electric vehicles (EVs) is expected to be the key market trends
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Glass Filled Nylon Market - By Type
1.3.2Glass Filled Nylon Market - By Glass Filling
1.3.3Glass Filled Nylon Market - By End-Use Industry
1.3.4Glass Filled Nylon Market - By Manufacturing Process
1.3.5Glass Filled Nylon Market - By Region
1.3.5.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.GLASS FILLED NYLON MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.GLASS FILLED NYLON 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.GLASS FILLED NYLON MARKET - GLOBAL MARKET ANALYSIS
6.1.GLASS FILLED NYLON - GLOBAL MARKET OVERVIEW
6.2.GLASS FILLED NYLON - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.GLASS FILLED NYLON MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.POLYAMIDE 6
7.3.1.Overview
7.3.2.Polyamide 6 Market Forecast and Analysis
7.4.POLYAMIDE 66
7.4.1.Overview
7.4.2.Polyamide 66 Market Forecast and Analysis
7.5.OTHERS
7.5.1.Overview
7.5.2.Others Market Forecast and Analysis
8.GLASS FILLED NYLON MARKET - REVENUE AND FORECASTS TO 2028 - GLASS FILLING
8.1.OVERVIEW
8.2.GLASS FILLING MARKET FORECASTS AND ANALYSIS
8.3.10 GLASS FILLED
8.3.1.Overview
8.3.2.10 Glass Filled Market Forecast and Analysis
8.4.20 GLASS FILLED
8.4.1.Overview
8.4.2.20 Glass Filled Market Forecast and Analysis
8.5.30 GLASS FILLED
8.5.1.Overview
8.5.2.30 Glass Filled Market Forecast and Analysis
8.6.30 GLASS FILLED
8.6.1.Overview
8.6.2.30 Glass Filled Market Forecast and Analysis
9.GLASS FILLED NYLON MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1.OVERVIEW
9.2.END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.AUTOMOTIVE
9.3.1.Overview
9.3.2.Automotive Market Forecast and Analysis
9.4.ELECTRICAL AND ELECTRONICS
9.4.1.Overview
9.4.2.Electrical and Electronics Market Forecast and Analysis
9.5.INDUSTRIAL
9.5.1.Overview
9.5.2.Industrial Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.GLASS FILLED NYLON MARKET - REVENUE AND FORECASTS TO 2028 - MANUFACTURING PROCESS
10.1.OVERVIEW
10.2.MANUFACTURING PROCESS MARKET FORECASTS AND ANALYSIS
10.3.INJECTION MOLDING
10.3.1.Overview
10.3.2.Injection Molding Market Forecast and Analysis
10.4.EXTRUSION MOLDING
10.4.1.Overview
10.4.2.Extrusion Molding Market Forecast and Analysis
11.GLASS FILLED NYLON MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Glass Filled Nylon Market Overview
11.1.2North America Glass Filled Nylon Market Forecasts and Analysis
11.1.3North America Glass Filled Nylon Market Forecasts and Analysis - By Type
11.1.4North America Glass Filled Nylon Market Forecasts and Analysis - By Glass Filling
11.1.5North America Glass Filled Nylon Market Forecasts and Analysis - By End-Use Industry
11.1.6North America Glass Filled Nylon Market Forecasts and Analysis - By Manufacturing Process
11.1.7North America Glass Filled Nylon Market Forecasts and Analysis - By Countries
11.1.7.1United States Glass Filled Nylon Market
11.1.7.1.1United States Glass Filled Nylon Market by Type
11.1.7.1.2United States Glass Filled Nylon Market by Glass Filling
11.1.7.1.3United States Glass Filled Nylon Market by End-Use Industry
11.1.7.1.4United States Glass Filled Nylon Market by Manufacturing Process
11.1.7.2Canada Glass Filled Nylon Market
11.1.7.2.1Canada Glass Filled Nylon Market by Type
11.1.7.2.2Canada Glass Filled Nylon Market by Glass Filling
11.1.7.2.3Canada Glass Filled Nylon Market by End-Use Industry
11.1.7.2.4Canada Glass Filled Nylon Market by Manufacturing Process
11.1.7.3Mexico Glass Filled Nylon Market
11.1.7.3.1Mexico Glass Filled Nylon Market by Type
11.1.7.3.2Mexico Glass Filled Nylon Market by Glass Filling
11.1.7.3.3Mexico Glass Filled Nylon Market by End-Use Industry
11.1.7.3.4Mexico Glass Filled Nylon Market by Manufacturing Process
11.2.EUROPE
11.2.1Europe Glass Filled Nylon Market Overview
11.2.2Europe Glass Filled Nylon Market Forecasts and Analysis
11.2.3Europe Glass Filled Nylon Market Forecasts and Analysis - By Type
11.2.4Europe Glass Filled Nylon Market Forecasts and Analysis - By Glass Filling
11.2.5Europe Glass Filled Nylon Market Forecasts and Analysis - By End-Use Industry
11.2.6Europe Glass Filled Nylon Market Forecasts and Analysis - By Manufacturing Process
11.2.7Europe Glass Filled Nylon Market Forecasts and Analysis - By Countries
11.2.7.1Germany Glass Filled Nylon Market
11.2.7.1.1Germany Glass Filled Nylon Market by Type
11.2.7.1.2Germany Glass Filled Nylon Market by Glass Filling
11.2.7.1.3Germany Glass Filled Nylon Market by End-Use Industry
11.2.7.1.4Germany Glass Filled Nylon Market by Manufacturing Process
11.2.7.2France Glass Filled Nylon Market
11.2.7.2.1France Glass Filled Nylon Market by Type
11.2.7.2.2France Glass Filled Nylon Market by Glass Filling
11.2.7.2.3France Glass Filled Nylon Market by End-Use Industry
11.2.7.2.4France Glass Filled Nylon Market by Manufacturing Process
11.2.7.3Italy Glass Filled Nylon Market
11.2.7.3.1Italy Glass Filled Nylon Market by Type
11.2.7.3.2Italy Glass Filled Nylon Market by Glass Filling
11.2.7.3.3Italy Glass Filled Nylon Market by End-Use Industry
11.2.7.3.4Italy Glass Filled Nylon Market by Manufacturing Process
11.2.7.4United Kingdom Glass Filled Nylon Market
11.2.7.4.1United Kingdom Glass Filled Nylon Market by Type
11.2.7.4.2United Kingdom Glass Filled Nylon Market by Glass Filling
11.2.7.4.3United Kingdom Glass Filled Nylon Market by End-Use Industry
11.2.7.4.4United Kingdom Glass Filled Nylon Market by Manufacturing Process
11.2.7.5Russia Glass Filled Nylon Market
11.2.7.5.1Russia Glass Filled Nylon Market by Type
11.2.7.5.2Russia Glass Filled Nylon Market by Glass Filling
11.2.7.5.3Russia Glass Filled Nylon Market by End-Use Industry
11.2.7.5.4Russia Glass Filled Nylon Market by Manufacturing Process
11.2.7.6Rest of Europe Glass Filled Nylon Market
11.2.7.6.1Rest of Europe Glass Filled Nylon Market by Type
11.2.7.6.2Rest of Europe Glass Filled Nylon Market by Glass Filling
11.2.7.6.3Rest of Europe Glass Filled Nylon Market by End-Use Industry
11.2.7.6.4Rest of Europe Glass Filled Nylon Market by Manufacturing Process
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Glass Filled Nylon Market Overview
11.3.2Asia-Pacific Glass Filled Nylon Market Forecasts and Analysis
11.3.3Asia-Pacific Glass Filled Nylon Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Glass Filled Nylon Market Forecasts and Analysis - By Glass Filling
11.3.5Asia-Pacific Glass Filled Nylon Market Forecasts and Analysis - By End-Use Industry
11.3.6Asia-Pacific Glass Filled Nylon Market Forecasts and Analysis - By Manufacturing Process
11.3.7Asia-Pacific Glass Filled Nylon Market Forecasts and Analysis - By Countries
11.3.7.1Australia Glass Filled Nylon Market
11.3.7.1.1Australia Glass Filled Nylon Market by Type
11.3.7.1.2Australia Glass Filled Nylon Market by Glass Filling
11.3.7.1.3Australia Glass Filled Nylon Market by End-Use Industry
11.3.7.1.4Australia Glass Filled Nylon Market by Manufacturing Process
11.3.7.2China Glass Filled Nylon Market
11.3.7.2.1China Glass Filled Nylon Market by Type
11.3.7.2.2China Glass Filled Nylon Market by Glass Filling
11.3.7.2.3China Glass Filled Nylon Market by End-Use Industry
11.3.7.2.4China Glass Filled Nylon Market by Manufacturing Process
11.3.7.3India Glass Filled Nylon Market
11.3.7.3.1India Glass Filled Nylon Market by Type
11.3.7.3.2India Glass Filled Nylon Market by Glass Filling
11.3.7.3.3India Glass Filled Nylon Market by End-Use Industry
11.3.7.3.4India Glass Filled Nylon Market by Manufacturing Process
11.3.7.4Japan Glass Filled Nylon Market
11.3.7.4.1Japan Glass Filled Nylon Market by Type
11.3.7.4.2Japan Glass Filled Nylon Market by Glass Filling
11.3.7.4.3Japan Glass Filled Nylon Market by End-Use Industry
11.3.7.4.4Japan Glass Filled Nylon Market by Manufacturing Process
11.3.7.5South Korea Glass Filled Nylon Market
11.3.7.5.1South Korea Glass Filled Nylon Market by Type
11.3.7.5.2South Korea Glass Filled Nylon Market by Glass Filling
11.3.7.5.3South Korea Glass Filled Nylon Market by End-Use Industry
11.3.7.5.4South Korea Glass Filled Nylon Market by Manufacturing Process
11.3.7.6Rest of Asia-Pacific Glass Filled Nylon Market
11.3.7.6.1Rest of Asia-Pacific Glass Filled Nylon Market by Type
11.3.7.6.2Rest of Asia-Pacific Glass Filled Nylon Market by Glass Filling
11.3.7.6.3Rest of Asia-Pacific Glass Filled Nylon Market by End-Use Industry
11.3.7.6.4Rest of Asia-Pacific Glass Filled Nylon Market by Manufacturing Process
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Glass Filled Nylon Market Overview
11.4.2Middle East and Africa Glass Filled Nylon Market Forecasts and Analysis
11.4.3Middle East and Africa Glass Filled Nylon Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Glass Filled Nylon Market Forecasts and Analysis - By Glass Filling
11.4.5Middle East and Africa Glass Filled Nylon Market Forecasts and Analysis - By End-Use Industry
11.4.6Middle East and Africa Glass Filled Nylon Market Forecasts and Analysis - By Manufacturing Process
11.4.7Middle East and Africa Glass Filled Nylon Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Glass Filled Nylon Market
11.4.7.1.1South Africa Glass Filled Nylon Market by Type
11.4.7.1.2South Africa Glass Filled Nylon Market by Glass Filling
11.4.7.1.3South Africa Glass Filled Nylon Market by End-Use Industry
11.4.7.1.4South Africa Glass Filled Nylon Market by Manufacturing Process
11.4.7.2Saudi Arabia Glass Filled Nylon Market
11.4.7.2.1Saudi Arabia Glass Filled Nylon Market by Type
11.4.7.2.2Saudi Arabia Glass Filled Nylon Market by Glass Filling
11.4.7.2.3Saudi Arabia Glass Filled Nylon Market by End-Use Industry
11.4.7.2.4Saudi Arabia Glass Filled Nylon Market by Manufacturing Process
11.4.7.3U.A.E Glass Filled Nylon Market
11.4.7.3.1U.A.E Glass Filled Nylon Market by Type
11.4.7.3.2U.A.E Glass Filled Nylon Market by Glass Filling
11.4.7.3.3U.A.E Glass Filled Nylon Market by End-Use Industry
11.4.7.3.4U.A.E Glass Filled Nylon Market by Manufacturing Process
11.4.7.4Rest of Middle East and Africa Glass Filled Nylon Market
11.4.7.4.1Rest of Middle East and Africa Glass Filled Nylon Market by Type
11.4.7.4.2Rest of Middle East and Africa Glass Filled Nylon Market by Glass Filling
11.4.7.4.3Rest of Middle East and Africa Glass Filled Nylon Market by End-Use Industry
11.4.7.4.4Rest of Middle East and Africa Glass Filled Nylon Market by Manufacturing Process
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Glass Filled Nylon Market Overview
11.5.2South and Central America Glass Filled Nylon Market Forecasts and Analysis
11.5.3South and Central America Glass Filled Nylon Market Forecasts and Analysis - By Type
11.5.4South and Central America Glass Filled Nylon Market Forecasts and Analysis - By Glass Filling
11.5.5South and Central America Glass Filled Nylon Market Forecasts and Analysis - By End-Use Industry
11.5.6South and Central America Glass Filled Nylon Market Forecasts and Analysis - By Manufacturing Process
11.5.7South and Central America Glass Filled Nylon Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Glass Filled Nylon Market
11.5.7.1.1Brazil Glass Filled Nylon Market by Type
11.5.7.1.2Brazil Glass Filled Nylon Market by Glass Filling
11.5.7.1.3Brazil Glass Filled Nylon Market by End-Use Industry
11.5.7.1.4Brazil Glass Filled Nylon Market by Manufacturing Process
11.5.7.2Argentina Glass Filled Nylon Market
11.5.7.2.1Argentina Glass Filled Nylon Market by Type
11.5.7.2.2Argentina Glass Filled Nylon Market by Glass Filling
11.5.7.2.3Argentina Glass Filled Nylon Market by End-Use Industry
11.5.7.2.4Argentina Glass Filled Nylon Market by Manufacturing Process
11.5.7.3Rest of South and Central America Glass Filled Nylon Market
11.5.7.3.1Rest of South and Central America Glass Filled Nylon Market by Type
11.5.7.3.2Rest of South and Central America Glass Filled Nylon Market by Glass Filling
11.5.7.3.3Rest of South and Central America Glass Filled Nylon Market by End-Use Industry
11.5.7.3.4Rest of South and Central America Glass Filled Nylon Market by Manufacturing Process
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.GLASS FILLED NYLON MARKET, KEY COMPANY PROFILES
13.1.ARKEMA GROUP
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.ASAHI KASEI CORPORATION
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.BASF SE
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.E. I. DU PONT DE NEMOURS AND COMPANY
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.EMS-CHEMIE HOLDING AG
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.EVONIK INDUSTRIES
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.LANXESS
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.ROYAL DSM N.V.
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.RTP COMPANY
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.SABIC
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
1.Arkema Group
2.Asahi Kasei Corporation
3.BASF SE
4.E. I. du Pont de Nemours and Company
5.EMS-CHEMIE HOLDING AG
6.Evonik Industries
7.Lanxess
8.Royal DSM N.V.
9.RTP Company
10.SABIC
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.