Hydrogen Peroxide Market Opportunities, Forecast, Size, Competitive Analysis till 2031

Coverage: Hydrogen Peroxide Market covers analysis By Application (Paper and Pulp, Chemical, Waste Water treatment, Mining, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00005636
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Hydrogen Peroxide Market Growth Report and Size by 2031

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The Hydrogen Peroxide Market is expected to register a CAGR of 6% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The hydrogen peroxide market report is segmented by grade (3% hydrogen peroxide, 35% hydrogen peroxide, 50% hydrogen peroxide, and others). The market is segmented based on application (pulp and paper, chemical synthesis, wastewater treatment, mining, food and beverage, personal care and cosmetics, textile, healthcare, and others). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Hydrogen Peroxide 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.

Hydrogen Peroxide Market Segmentation

Grade
  • 3% Hydrogen Peroxide
  • 35% Hydrogen Peroxide
  • 50% Hydrogen Peroxide
Application
  • Pulp and Paper
  • Chemical Synthesis
  • Wastewater Treatment
  • Mining
  • Food and Beverage
  • Personal Care and Cosmetics
  • Textile
  • Healthcare

Strategic Insights

Hydrogen Peroxide Market Growth Drivers
  • Hydrogen Peroxide in the Pulp and Paper Industry: Hydrogen peroxide is commonly utilized by several industries, but the most important is the pulp and paper industry, especially as a bleaching agent. This is in reaction to the high global demand for paper products, especially in developing countries where the need for superior, safer bleaching agents has risen. Chlorine-free bleaches are unappealing to users, and that is the reason why hydrogen peroxide use is on the rise in the pulp and paper industry. This is also a reason for the heightening demand for hydrogen peroxide, as pulp and paper industry producers are also in a quest for efficient bleaching agents that have a low impact on the environment.
  • Growth Drivers in Environmental Practices and Water Treatment: Growth Perspective - As per the latest report, it is expected that the growth of this market, specifically in the young country or developing regions can be drawn from the attention put to heightening the water treatment processes. Moreover, there has been an increase in industrial projects and enforcement of environmental law. Hydrogen peroxide is a chemical that is used in many households and businesses, but mostly, it is used in environmental practices like waste management, where it acts as an oxidant to treat industrial wastes and rid them of hazardous materials. It is also applied in decontamination processes and thus supports the quest for a clean environment. The spread of water pollution and enforcement of stringent environmental laws have been favorable to the emerging hydrogen peroxide market, as this chemical is required for both swimming pool water treatment and environmental cleaning processes.
  • Hydrogen Peroxide's Role in Healthcare and Disinfection: The usage of hydrogen peroxide in the pharmaceutical sector, as well as in other sectors, has been widely embraced, especially at this time of the COVID-19 crisis, thanks to the disinfection capabilities. Health health facilities such as hospitals, clinics, and others in the healthcare system are known to use hydrogen peroxide to clean surfaces equipment, and also during the sterilization of medical procedures. It is due to this reason that it is most preferred in cleaning and disinfecting surfaces than any other substance with such powerful antimicrobial activity especially during moderate levels of toxicity. This was most especially the case when the very first wave of the outbreak initiated and afterward, when very high levels of cleanliness were required.
Hydrogen Peroxide Market Future Trends
  • Shift Toward Sustainability in the Chemicals Industry: The chemicals industry has shown a shift towards sustainability in the recent past, whereby clean and green alternatives are being adopted instead of the traditional ways. It is regarded as safer than most chemical substances used in industries due to the fact that water and oxygen, the end products from the breakdown of hydrogen peroxide, are considered non-toxic oxidizing agents. Since most of the sectors are focused on going green and reducing the levels of pollution, it is forecasted that the consumption of hydrogen peroxide will maintain a steady growth curve in the coming years, particularly for the use in bleaching, water sanitation, and in the manufacture of green chemistry precursors.
  • Advancements in Hydrogen Peroxide Production Technologies: The process of hydrogen peroxide production has always been energy-and-resources-consuming and inclined towards the anthraquinone process. Yet, there is a positive change towards production improvement and energy efficiency in hydrogen peroxide production in recent novel approaches. Many advanced production technologies, such as direct synthesis and other cost-effective and eco-friendly processes, are underutilized. These new technologies are likely to facilitate affordable and cheaper hydrogen peroxide, hence increasing its usage in several other fields.
  • Hydrogen Peroxide in Electronics and Semiconductor Manufacturing: The electronics and semiconductor sectors are regarded as new markets of hydrogen peroxide especially for cleaning and etching purposes. The porous film built upon aluminum oxide may be cleaned employing hydrogen peroxide during ‘slicing’ and ‘dicing’ of silicon wafers in semiconductor processing to get rid of organic residues and dirt. With the fast-growing demand for electronic devices, particularly in the Asia-Pacific region, the growth in the use of hydrogen peroxide in the industry is expected. Therefore, the increasing complexity and miniaturization of electronic devices will create more applications requiring effective and efficient cleaning processes, which will result in increased consumption of hydrogen peroxide.
Hydrogen Peroxide Market Opportunities
  • Rising Demand for Hydrogen Peroxide in Emerging Markets: Hydrogen peroxide is anticipated to witness a positive surge in demand across emerging markets, especially in the Asia Pacific, Latin America, and Africa. Due to this skewness towards industrialization and urbanization, with more activities being witnessed in the textile, paper, and water treatment industries, there are opportunities for hydrogen peroxide suppliers in these regions. Additionally, due to increasing industrial activities and the enforcement of stringent environmental laws, firms that are able to service these markets with appropriate products and services stand to capture more market share.
  • Hydrogen Peroxide's Role in the Cosmetic and Personal Hygiene Sectors: Cosmetic and personal hygiene industries use hydrogen peroxide frequently for hair removal, teeth whitening, cleaning, and other reasons. With the rise of safety aware consumers who are concerned about the contents of personal care products, the use of hydrogen peroxide will have prospects in more natural and organic formulations. The application of hydrogen peroxide in cosmetic products such as skincare and oral hygiene will also expand as the market continues to shift to wellness and hygiene-oriented products. Companies capable of designing and manufacturing hydrogen peroxide-containing personal care products that are safe and green will stand in good stead to exploit an emerging niche market.
  • Hydrogen Peroxide in Renewable Energy and Energy Storage Systems: Hydrogen peroxide is also possible to use owing to the optimistic trends in the prices for energy storage systems and fuel cell systems and thus will be able to tap a large fraction of the renewable energy market. Its applicability in metal-air batteries is also being explored; these devices are claimed to be high in energy densities as well as lifespans compared to standard batteries. In light of the current advancements in a multitude of emerging power generation development and power storage facilities, the prospects of hydrogen peroxide utilization in the economy widen even more, particularly if such use of hydrogen peroxide will be integrated into available and upcoming technologies that seek to eliminate or reduce man’s dependence on fossil fuels.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Hydrogen Peroxide 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 Hydrogen Peroxide 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

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Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

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

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What is the future trend for hydrogen peroxide market?

Focus on sustainable and green chemistry is expected to be the key market trends.

Which is the fastest growing segment based on application?

Based on application, the wastewater treatment segment is expected to witness the fastest growth during the forecast period.

Based on geography, which region held the largest share of the hydrogen peroxide market?

Based on geography, Asia Pacific held the largest share of the hydrogen peroxide market due to the strong growth of the wastewater treatment and paper and pulp industry in the region.

What are the driving factors impacting the hydrogen peroxide market ?

Rising demand from the pulp and paper industry is driving the market growth.

What are the key players operating in the hydrogen peroxide market?

Solvay SA, Evonik Industries, Arkema, National Peroxide Ltd, Kemira, Aditya Birla Chemicals, Airedale Group, Mitsubishi Gas Chemical Company, Gujrat Alkalies and Chemicals Ltd, and OCI Company Ltd are the key players operating in the hydrogen peroxide market.

What is the expected CAGR of the Hydrogen Peroxide Market?

The Hydrogen Peroxide Market is estimated to witness a CAGR of 6% from 2023 to 2031

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 Hydrogen Peroxide Market - By Application
1.3.2 Hydrogen Peroxide Market - By Region
1.3.2.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. HYDROGEN PEROXIDE 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. HYDROGEN PEROXIDE 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. HYDROGEN PEROXIDE MARKET - GLOBAL MARKET ANALYSIS
6.1. HYDROGEN PEROXIDE - GLOBAL MARKET OVERVIEW
6.2. HYDROGEN PEROXIDE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. HYDROGEN PEROXIDE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. PAPER AND PULP
7.3.1. Overview
7.3.2. Paper and Pulp Market Forecast and Analysis
7.4. CHEMICAL
7.4.1. Overview
7.4.2. Chemical Market Forecast and Analysis
7.5. WASTE WATER TREATMENT
7.5.1. Overview
7.5.2. Waste Water treatment Market Forecast and Analysis
7.6. MINING
7.6.1. Overview
7.6.2. Mining Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis

8. HYDROGEN PEROXIDE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Hydrogen Peroxide Market Overview
8.1.2 North America Hydrogen Peroxide Market Forecasts and Analysis
8.1.3 North America Hydrogen Peroxide Market Forecasts and Analysis - By Application
8.1.4 North America Hydrogen Peroxide Market Forecasts and Analysis - By Countries
8.1.4.1 United States Hydrogen Peroxide Market
8.1.4.1.1 United States Hydrogen Peroxide Market by Application
8.1.4.2 Canada Hydrogen Peroxide Market
8.1.4.2.1 Canada Hydrogen Peroxide Market by Application
8.1.4.3 Mexico Hydrogen Peroxide Market
8.1.4.3.1 Mexico Hydrogen Peroxide Market by Application
8.2. EUROPE
8.2.1 Europe Hydrogen Peroxide Market Overview
8.2.2 Europe Hydrogen Peroxide Market Forecasts and Analysis
8.2.3 Europe Hydrogen Peroxide Market Forecasts and Analysis - By Application
8.2.4 Europe Hydrogen Peroxide Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Hydrogen Peroxide Market
8.2.4.1.1 Germany Hydrogen Peroxide Market by Application
8.2.4.2 France Hydrogen Peroxide Market
8.2.4.2.1 France Hydrogen Peroxide Market by Application
8.2.4.3 Italy Hydrogen Peroxide Market
8.2.4.3.1 Italy Hydrogen Peroxide Market by Application
8.2.4.4 United Kingdom Hydrogen Peroxide Market
8.2.4.4.1 United Kingdom Hydrogen Peroxide Market by Application
8.2.4.5 Russia Hydrogen Peroxide Market
8.2.4.5.1 Russia Hydrogen Peroxide Market by Application
8.2.4.6 Rest of Europe Hydrogen Peroxide Market
8.2.4.6.1 Rest of Europe Hydrogen Peroxide Market by Application
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Hydrogen Peroxide Market Overview
8.3.2 Asia-Pacific Hydrogen Peroxide Market Forecasts and Analysis
8.3.3 Asia-Pacific Hydrogen Peroxide Market Forecasts and Analysis - By Application
8.3.4 Asia-Pacific Hydrogen Peroxide Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Hydrogen Peroxide Market
8.3.4.1.1 Australia Hydrogen Peroxide Market by Application
8.3.4.2 China Hydrogen Peroxide Market
8.3.4.2.1 China Hydrogen Peroxide Market by Application
8.3.4.3 India Hydrogen Peroxide Market
8.3.4.3.1 India Hydrogen Peroxide Market by Application
8.3.4.4 Japan Hydrogen Peroxide Market
8.3.4.4.1 Japan Hydrogen Peroxide Market by Application
8.3.4.5 South Korea Hydrogen Peroxide Market
8.3.4.5.1 South Korea Hydrogen Peroxide Market by Application
8.3.4.6 Rest of Asia-Pacific Hydrogen Peroxide Market
8.3.4.6.1 Rest of Asia-Pacific Hydrogen Peroxide Market by Application
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Hydrogen Peroxide Market Overview
8.4.2 Middle East and Africa Hydrogen Peroxide Market Forecasts and Analysis
8.4.3 Middle East and Africa Hydrogen Peroxide Market Forecasts and Analysis - By Application
8.4.4 Middle East and Africa Hydrogen Peroxide Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Hydrogen Peroxide Market
8.4.4.1.1 South Africa Hydrogen Peroxide Market by Application
8.4.4.2 Saudi Arabia Hydrogen Peroxide Market
8.4.4.2.1 Saudi Arabia Hydrogen Peroxide Market by Application
8.4.4.3 U.A.E Hydrogen Peroxide Market
8.4.4.3.1 U.A.E Hydrogen Peroxide Market by Application
8.4.4.4 Rest of Middle East and Africa Hydrogen Peroxide Market
8.4.4.4.1 Rest of Middle East and Africa Hydrogen Peroxide Market by Application
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Hydrogen Peroxide Market Overview
8.5.2 South and Central America Hydrogen Peroxide Market Forecasts and Analysis
8.5.3 South and Central America Hydrogen Peroxide Market Forecasts and Analysis - By Application
8.5.4 South and Central America Hydrogen Peroxide Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Hydrogen Peroxide Market
8.5.4.1.1 Brazil Hydrogen Peroxide Market by Application
8.5.4.2 Argentina Hydrogen Peroxide Market
8.5.4.2.1 Argentina Hydrogen Peroxide Market by Application
8.5.4.3 Rest of South and Central America Hydrogen Peroxide Market
8.5.4.3.1 Rest of South and Central America Hydrogen Peroxide Market by Application

9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

10. HYDROGEN PEROXIDE MARKET, KEY COMPANY PROFILES
10.1. AKZONOBEL N.V.
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. ARKEMA SA
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. BASF SE
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. ECOLAB INC. (NALCO COMPANY)
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. EVONIK INDUSTRIES AG
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. KEMIRA OYJ
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. MERCK GROUP
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. MITSUBISHI GAS CHEMICAL COMPANY
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. SOLVAY SA
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. THE DOW CHEMICAL COMPANY
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments

11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
The List of Companies

1. Akzonobel N.V.
2. Arkema SA
3. BASF SE
4. Ecolab Inc. (Nalco Company)
5. Evonik Industries AG
6. Kemira OYJ
7. Merck Group
8. Mitsubishi Gas Chemical Company
9. Solvay SA
10. The DOW Chemical Company

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.

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