Industrial Alcohol Market Strategies and Share 2031
Industrial alcohol is distilled ethanol that is used for industrial purposes. Industrial alcohol used in the pharmaceutical industry, also it is used in paints, coatings, printing, ink, fragrance, and flavor industries that raises demand for the industrial alcohol market. The rapid development of various technology in the biofuel sector is fueling the growth of the industrial alcohol market. Industrial alcohol is gaining popularity due to its multi-functional ability, hence driving the growth of the industrial alcohol market.
MARKET DYNAMICS
The increasing demand for industrial alcohol in various industries owing to its solubility, antimicrobial activity, high octane number. These factors are boosting the need for the industrial alcohol market. Broad use of industrial alcohols such as ethyl, methyl, isopropyl, isobutyl, benzyl alcohol in the various industries. Additionally, increasing the use of methanol and isopropanol in personal care, automobile, and pharmaceutical applications is propelling the growth of the industrial alcohol market. Rapid growth in demand for personal care products, increasing awareness about the role of alcohol in maintaining a hygienic environment is expected to drive the growth of the market.
MARKET SCOPE
The "Global Industrial Alcohol Market Analysis to 2031" is a specialized and in-depth study of the industrial alcohol industry with a special focus on the global market trend analysis. The report aims to provide an overview industrial alcohol market with detailed market segmentation by type, source, application, method, and geography. The global industrial alcohol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial alcohol market players and offers key trends and opportunities in the industrial alcohol market.
MARKET SEGMENTATION
The global industrial alcohol market is segmented on the basis of type, source, application, method. On the basis of type the market is segmented as ethyl alcohol, methyl alcohol, isopropyl alcohol, isobutyl alcohol, benzyl alcohol, others. On the basis of source the market is segmented as fossil fuels, sugar and molasses, corn, grains, others. On the basis of application the market is segmented as fuel, pharmaceuticals, personal care products, food ingredients, chemical intermediates and solvent, others. On the basis of method the market is segmented as fermentation, synthetic.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial alcohol market based on various segments. It also provides market size and forecast estimates from 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 industrial alcohol market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial alcohol market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the industrial alcohol market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial alcohol market based on various segments. It also provides market size and forecast estimates from 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 industrial alcohol market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial alcohol market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the industrial alcohol market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial alcohol 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 expansion of business and customer base of market players. The market players from industrial alcohol market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial alcohol in the global market. Below mentioned is the list of few companies engaged in the industrial alcohol market.
The report also includes the profiles of key industrial alcohol companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Birla Sugar Ltd.
- Cargill, Inc.
- Cristalco SAS
- Flint Hills Resources
- Grain Processing Corporation
- Green Plains Inc.
- Greenfield Specialty Alcohols
- MGP Ingredients
- Sigma Aldrich
- The Andersons Inc.
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
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 Industrial Alcohol Market - By Type
1.3.2 Industrial Alcohol Market - By Source
1.3.3 Industrial Alcohol Market - By Application
1.3.4 Industrial Alcohol Market - By Method
1.3.5 Industrial Alcohol Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL ALCOHOL 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. INDUSTRIAL ALCOHOL 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. INDUSTRIAL ALCOHOL MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL ALCOHOL - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL ALCOHOL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INDUSTRIAL ALCOHOL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ETHYL ALCOHOL
7.3.1. Overview
7.3.2. Ethyl Alcohol Market Forecast and Analysis
7.4. METHYL ALCOHOL
7.4.1. Overview
7.4.2. Methyl Alcohol Market Forecast and Analysis
7.5. ISOPROPYL ALCOHOL
7.5.1. Overview
7.5.2. Isopropyl Alcohol Market Forecast and Analysis
7.6. ISOBUTYL ALCOHOL
7.6.1. Overview
7.6.2. Isobutyl Alcohol Market Forecast and Analysis
7.7. BENZYL ALCOHOL
7.7.1. Overview
7.7.2. Benzyl Alcohol Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. INDUSTRIAL ALCOHOL MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
8.1. OVERVIEW
8.2. SOURCE MARKET FORECASTS AND ANALYSIS
8.3. FOSSIL FUELS
8.3.1. Overview
8.3.2. Fossil Fuels Market Forecast and Analysis
8.4. SUGAR AND MOLASSES
8.4.1. Overview
8.4.2. Sugar and Molasses Market Forecast and Analysis
8.5. CORN
8.5.1. Overview
8.5.2. Corn Market Forecast and Analysis
8.6. GRAINS
8.6.1. Overview
8.6.2. Grains Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. INDUSTRIAL ALCOHOL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. FUEL
9.3.1. Overview
9.3.2. Fuel Market Forecast and Analysis
9.4. PHARMACEUTICALS
9.4.1. Overview
9.4.2. Pharmaceuticals Market Forecast and Analysis
9.5. PERSONAL CARE PRODUCTS
9.5.1. Overview
9.5.2. Personal Care Products Market Forecast and Analysis
9.6. FOOD INGREDIENTS
9.6.1. Overview
9.6.2. Food Ingredients Market Forecast and Analysis
9.7. CHEMICAL INTERMEDIATES AND SOLVENT
9.7.1. Overview
9.7.2. Chemical Intermediates and Solvent Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. INDUSTRIAL ALCOHOL MARKET - REVENUE AND FORECASTS TO 2028 - METHOD
10.1. OVERVIEW
10.2. METHOD MARKET FORECASTS AND ANALYSIS
10.3. FERMENTATION
10.3.1. Overview
10.3.2. Fermentation Market Forecast and Analysis
10.4. SYNTHETIC
10.4.1. Overview
10.4.2. Synthetic Market Forecast and Analysis
11. INDUSTRIAL ALCOHOL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Industrial Alcohol Market Overview
11.1.2 North America Industrial Alcohol Market Forecasts and Analysis
11.1.3 North America Industrial Alcohol Market Forecasts and Analysis - By Type
11.1.4 North America Industrial Alcohol Market Forecasts and Analysis - By Source
11.1.5 North America Industrial Alcohol Market Forecasts and Analysis - By Application
11.1.6 North America Industrial Alcohol Market Forecasts and Analysis - By Method
11.1.7 North America Industrial Alcohol Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Industrial Alcohol Market
11.1.7.1.1 Canada Industrial Alcohol Market by Type
11.1.7.1.2 Canada Industrial Alcohol Market by Source
11.1.7.1.3 Canada Industrial Alcohol Market by Application
11.1.7.1.4 Canada Industrial Alcohol Market by Method
11.1.7.2 Mexico Industrial Alcohol Market
11.1.7.2.1 Mexico Industrial Alcohol Market by Type
11.1.7.2.2 Mexico Industrial Alcohol Market by Source
11.1.7.2.3 Mexico Industrial Alcohol Market by Application
11.1.7.2.4 Mexico Industrial Alcohol Market by Method
11.1.7.3 US Industrial Alcohol Market
11.1.7.3.1 US Industrial Alcohol Market by Type
11.1.7.3.2 US Industrial Alcohol Market by Source
11.1.7.3.3 US Industrial Alcohol Market by Application
11.1.7.3.4 US Industrial Alcohol Market by Method
11.2. EUROPE
11.2.1 Europe Industrial Alcohol Market Overview
11.2.2 Europe Industrial Alcohol Market Forecasts and Analysis
11.2.3 Europe Industrial Alcohol Market Forecasts and Analysis - By Type
11.2.4 Europe Industrial Alcohol Market Forecasts and Analysis - By Source
11.2.5 Europe Industrial Alcohol Market Forecasts and Analysis - By Application
11.2.6 Europe Industrial Alcohol Market Forecasts and Analysis - By Method
11.2.7 Europe Industrial Alcohol Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Industrial Alcohol Market
11.2.7.1.1 Germany Industrial Alcohol Market by Type
11.2.7.1.2 Germany Industrial Alcohol Market by Source
11.2.7.1.3 Germany Industrial Alcohol Market by Application
11.2.7.1.4 Germany Industrial Alcohol Market by Method
11.2.7.2 France Industrial Alcohol Market
11.2.7.2.1 France Industrial Alcohol Market by Type
11.2.7.2.2 France Industrial Alcohol Market by Source
11.2.7.2.3 France Industrial Alcohol Market by Application
11.2.7.2.4 France Industrial Alcohol Market by Method
11.2.7.3 Italy Industrial Alcohol Market
11.2.7.3.1 Italy Industrial Alcohol Market by Type
11.2.7.3.2 Italy Industrial Alcohol Market by Source
11.2.7.3.3 Italy Industrial Alcohol Market by Application
11.2.7.3.4 Italy Industrial Alcohol Market by Method
11.2.7.4 United Kingdom Industrial Alcohol Market
11.2.7.4.1 United Kingdom Industrial Alcohol Market by Type
11.2.7.4.2 United Kingdom Industrial Alcohol Market by Source
11.2.7.4.3 United Kingdom Industrial Alcohol Market by Application
11.2.7.4.4 United Kingdom Industrial Alcohol Market by Method
11.2.7.5 Russia Industrial Alcohol Market
11.2.7.5.1 Russia Industrial Alcohol Market by Type
11.2.7.5.2 Russia Industrial Alcohol Market by Source
11.2.7.5.3 Russia Industrial Alcohol Market by Application
11.2.7.5.4 Russia Industrial Alcohol Market by Method
11.2.7.6 Rest of Europe Industrial Alcohol Market
11.2.7.6.1 Rest of Europe Industrial Alcohol Market by Type
11.2.7.6.2 Rest of Europe Industrial Alcohol Market by Source
11.2.7.6.3 Rest of Europe Industrial Alcohol Market by Application
11.2.7.6.4 Rest of Europe Industrial Alcohol Market by Method
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Industrial Alcohol Market Overview
11.3.2 Asia-Pacific Industrial Alcohol Market Forecasts and Analysis
11.3.3 Asia-Pacific Industrial Alcohol Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Industrial Alcohol Market Forecasts and Analysis - By Source
11.3.5 Asia-Pacific Industrial Alcohol Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Industrial Alcohol Market Forecasts and Analysis - By Method
11.3.7 Asia-Pacific Industrial Alcohol Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Industrial Alcohol Market
11.3.7.1.1 Australia Industrial Alcohol Market by Type
11.3.7.1.2 Australia Industrial Alcohol Market by Source
11.3.7.1.3 Australia Industrial Alcohol Market by Application
11.3.7.1.4 Australia Industrial Alcohol Market by Method
11.3.7.2 China Industrial Alcohol Market
11.3.7.2.1 China Industrial Alcohol Market by Type
11.3.7.2.2 China Industrial Alcohol Market by Source
11.3.7.2.3 China Industrial Alcohol Market by Application
11.3.7.2.4 China Industrial Alcohol Market by Method
11.3.7.3 India Industrial Alcohol Market
11.3.7.3.1 India Industrial Alcohol Market by Type
11.3.7.3.2 India Industrial Alcohol Market by Source
11.3.7.3.3 India Industrial Alcohol Market by Application
11.3.7.3.4 India Industrial Alcohol Market by Method
11.3.7.4 Japan Industrial Alcohol Market
11.3.7.4.1 Japan Industrial Alcohol Market by Type
11.3.7.4.2 Japan Industrial Alcohol Market by Source
11.3.7.4.3 Japan Industrial Alcohol Market by Application
11.3.7.4.4 Japan Industrial Alcohol Market by Method
11.3.7.5 South Korea Industrial Alcohol Market
11.3.7.5.1 South Korea Industrial Alcohol Market by Type
11.3.7.5.2 South Korea Industrial Alcohol Market by Source
11.3.7.5.3 South Korea Industrial Alcohol Market by Application
11.3.7.5.4 South Korea Industrial Alcohol Market by Method
11.3.7.6 Rest of Asia-Pacific Industrial Alcohol Market
11.3.7.6.1 Rest of Asia-Pacific Industrial Alcohol Market by Type
11.3.7.6.2 Rest of Asia-Pacific Industrial Alcohol Market by Source
11.3.7.6.3 Rest of Asia-Pacific Industrial Alcohol Market by Application
11.3.7.6.4 Rest of Asia-Pacific Industrial Alcohol Market by Method
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Industrial Alcohol Market Overview
11.4.2 Middle East and Africa Industrial Alcohol Market Forecasts and Analysis
11.4.3 Middle East and Africa Industrial Alcohol Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Industrial Alcohol Market Forecasts and Analysis - By Source
11.4.5 Middle East and Africa Industrial Alcohol Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Industrial Alcohol Market Forecasts and Analysis - By Method
11.4.7 Middle East and Africa Industrial Alcohol Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Industrial Alcohol Market
11.4.7.1.1 South Africa Industrial Alcohol Market by Type
11.4.7.1.2 South Africa Industrial Alcohol Market by Source
11.4.7.1.3 South Africa Industrial Alcohol Market by Application
11.4.7.1.4 South Africa Industrial Alcohol Market by Method
11.4.7.2 Saudi Arabia Industrial Alcohol Market
11.4.7.2.1 Saudi Arabia Industrial Alcohol Market by Type
11.4.7.2.2 Saudi Arabia Industrial Alcohol Market by Source
11.4.7.2.3 Saudi Arabia Industrial Alcohol Market by Application
11.4.7.2.4 Saudi Arabia Industrial Alcohol Market by Method
11.4.7.3 U.A.E Industrial Alcohol Market
11.4.7.3.1 U.A.E Industrial Alcohol Market by Type
11.4.7.3.2 U.A.E Industrial Alcohol Market by Source
11.4.7.3.3 U.A.E Industrial Alcohol Market by Application
11.4.7.3.4 U.A.E Industrial Alcohol Market by Method
11.4.7.4 Rest of Middle East and Africa Industrial Alcohol Market
11.4.7.4.1 Rest of Middle East and Africa Industrial Alcohol Market by Type
11.4.7.4.2 Rest of Middle East and Africa Industrial Alcohol Market by Source
11.4.7.4.3 Rest of Middle East and Africa Industrial Alcohol Market by Application
11.4.7.4.4 Rest of Middle East and Africa Industrial Alcohol Market by Method
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Industrial Alcohol Market Overview
11.5.2 South and Central America Industrial Alcohol Market Forecasts and Analysis
11.5.3 South and Central America Industrial Alcohol Market Forecasts and Analysis - By Type
11.5.4 South and Central America Industrial Alcohol Market Forecasts and Analysis - By Source
11.5.5 South and Central America Industrial Alcohol Market Forecasts and Analysis - By Application
11.5.6 South and Central America Industrial Alcohol Market Forecasts and Analysis - By Method
11.5.7 South and Central America Industrial Alcohol Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Industrial Alcohol Market
11.5.7.1.1 Brazil Industrial Alcohol Market by Type
11.5.7.1.2 Brazil Industrial Alcohol Market by Source
11.5.7.1.3 Brazil Industrial Alcohol Market by Application
11.5.7.1.4 Brazil Industrial Alcohol Market by Method
11.5.7.2 Argentina Industrial Alcohol Market
11.5.7.2.1 Argentina Industrial Alcohol Market by Type
11.5.7.2.2 Argentina Industrial Alcohol Market by Source
11.5.7.2.3 Argentina Industrial Alcohol Market by Application
11.5.7.2.4 Argentina Industrial Alcohol Market by Method
11.5.7.3 Rest of South and Central America Industrial Alcohol Market
11.5.7.3.1 Rest of South and Central America Industrial Alcohol Market by Type
11.5.7.3.2 Rest of South and Central America Industrial Alcohol Market by Source
11.5.7.3.3 Rest of South and Central America Industrial Alcohol Market by Application
11.5.7.3.4 Rest of South and Central America Industrial Alcohol Market by Method
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. INDUSTRIAL ALCOHOL MARKET, KEY COMPANY PROFILES
13.1. BIRLA SUGAR LTD.
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. CARGILL, INC.
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. CRISTALCO SAS
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. FLINT HILLS RESOURCES
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. GRAIN PROCESSING CORPORATION
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. GREEN PLAINS INC.
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. GREENFIELD SPECIALTY ALCOHOLS
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. MGP INGREDIENTS
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. SIGMA ALDRICH
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. THE ANDERSONS INC.
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. Birla Sugar Ltd.
2. Cargill, Inc.
3. Cristalco SAS
4. Flint Hills Resources
5. Grain Processing Corporation
6. Green Plains Inc.
7. Greenfield Specialty Alcohols
8. MGP Ingredients
9. Sigma Aldrich
10. The Andersons Inc.
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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