Iodine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Iodine is a chemical element and is the heaviest of the stable halogens that exist as a semi-lustrous, non-metallic solid at standard conditions that melt to form a deep violet liquid at 114 degrees Celsius. It boils to a violet gas at 184 degrees Celsius. Iodine is a mineral found in some foods. The body needs iodine to make thyroid hormones. These hormones control the body's metabolism and many other essential functions. Iodine is also present in infant formulas and dairy products.
MARKET SCOPE
The "Global Iodine Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the iodine market with detailed market segmentation by material type, application, and geography. The report provides key statistics on the market status of the leading iodine market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on source, the global iodine market is segmented into brine deposits, ores, and others.
- Based on form, the global iodine market is segmented into organic compounds, inorganic salts and complexes, and others.
- Based on application, the global iodine market is segmented into x-ray contrast media, animal feed, food & beverages, optical polarizing films, and others.
MARKET DYNAMICS
Drivers:
- Increasing use of iodine in optical polarizing films in LCD applications.
- Growing deficiency of iodine in developing countries and use in applications such as X-ray contrast media, fluorinated derivatives, and photography.
- The increasing awareness regarding iodine deficiency coupled with implementation of regulations as stated by global organizations such as WHO and UNICEF to make consumption of iodized salts mandatory.
Restraints:
- Toxicity associated with consumption of iodine and its derivatives and the fluctuating prices of iodine due to demand-supply gap.
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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The iodine 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the iodine market in these regions.
IMPACT OF COVID-19 ON IODINE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The iodine 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the iodine market in these regions.
IMPACT OF COVID-19 ON IODINE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the iodine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from iodine market are anticipated to lucrative growth opportunities in the future with the rising demand for iodine in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the iodine 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.
- SQM
- Iofina PLC
- ISE Chemicals Corporation
- Iochem Corporation
- Algorta Norte Sa
- Cosayach Compañía De Salitre Y Yodo.
- Nippoh Chemicals Co., Ltd.
- Kanto Natural Gas Development Co., Ltd.
- Toho Earthtech Co., Ltd.
- Godo Shigen Co.,Ltd
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
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 Iodine Market - By Source
1.3.2 Iodine Market - By Form
1.3.3 Iodine Market - By Application
1.3.4 Iodine Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. IODINE 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. IODINE 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. IODINE MARKET - GLOBAL MARKET ANALYSIS
6.1. IODINE - GLOBAL MARKET OVERVIEW
6.2. IODINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. IODINE MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
7.1. OVERVIEW
7.2. SOURCE MARKET FORECASTS AND ANALYSIS
7.3. BRINE DEPOSITS
7.3.1. Overview
7.3.2. Brine Deposits Market Forecast and Analysis
7.4. ORES
7.4.1. Overview
7.4.2. Ores Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. IODINE MARKET - REVENUE AND FORECASTS TO 2028 - FORM
8.1. OVERVIEW
8.2. FORM MARKET FORECASTS AND ANALYSIS
8.3. ORGANIC COMPOUNDS
8.3.1. Overview
8.3.2. Organic Compounds Market Forecast and Analysis
8.4. INORGANIC SALTS AND COMPLEXES
8.4.1. Overview
8.4.2. Inorganic Salts and Complexes Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. IODINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. X-RAY CONTRAST MEDIA
9.3.1. Overview
9.3.2. X-Ray Contrast Media Market Forecast and Analysis
9.4. CATALYST
9.4.1. Overview
9.4.2. Catalyst Market Forecast and Analysis
9.5. ANIMAL FEED
9.5.1. Overview
9.5.2. Animal Feed Market Forecast and Analysis
9.6. FOOD AND BEVERAGES
9.6.1. Overview
9.6.2. Food and Beverages Market Forecast and Analysis
9.7. OPTICAL POLARIZING FILMS
9.7.1. Overview
9.7.2. Optical Polarizing Films Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. IODINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Iodine Market Overview
10.1.2 North America Iodine Market Forecasts and Analysis
10.1.3 North America Iodine Market Forecasts and Analysis - By Source
10.1.4 North America Iodine Market Forecasts and Analysis - By Form
10.1.5 North America Iodine Market Forecasts and Analysis - By Application
10.1.6 North America Iodine Market Forecasts and Analysis - By Countries
10.1.6.1 United States Iodine Market
10.1.6.1.1 United States Iodine Market by Source
10.1.6.1.2 United States Iodine Market by Form
10.1.6.1.3 United States Iodine Market by Application
10.1.6.2 Canada Iodine Market
10.1.6.2.1 Canada Iodine Market by Source
10.1.6.2.2 Canada Iodine Market by Form
10.1.6.2.3 Canada Iodine Market by Application
10.1.6.3 Mexico Iodine Market
10.1.6.3.1 Mexico Iodine Market by Source
10.1.6.3.2 Mexico Iodine Market by Form
10.1.6.3.3 Mexico Iodine Market by Application
10.2. EUROPE
10.2.1 Europe Iodine Market Overview
10.2.2 Europe Iodine Market Forecasts and Analysis
10.2.3 Europe Iodine Market Forecasts and Analysis - By Source
10.2.4 Europe Iodine Market Forecasts and Analysis - By Form
10.2.5 Europe Iodine Market Forecasts and Analysis - By Application
10.2.6 Europe Iodine Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Iodine Market
10.2.6.1.1 Germany Iodine Market by Source
10.2.6.1.2 Germany Iodine Market by Form
10.2.6.1.3 Germany Iodine Market by Application
10.2.6.2 France Iodine Market
10.2.6.2.1 France Iodine Market by Source
10.2.6.2.2 France Iodine Market by Form
10.2.6.2.3 France Iodine Market by Application
10.2.6.3 Italy Iodine Market
10.2.6.3.1 Italy Iodine Market by Source
10.2.6.3.2 Italy Iodine Market by Form
10.2.6.3.3 Italy Iodine Market by Application
10.2.6.4 United Kingdom Iodine Market
10.2.6.4.1 United Kingdom Iodine Market by Source
10.2.6.4.2 United Kingdom Iodine Market by Form
10.2.6.4.3 United Kingdom Iodine Market by Application
10.2.6.5 Russia Iodine Market
10.2.6.5.1 Russia Iodine Market by Source
10.2.6.5.2 Russia Iodine Market by Form
10.2.6.5.3 Russia Iodine Market by Application
10.2.6.6 Rest of Europe Iodine Market
10.2.6.6.1 Rest of Europe Iodine Market by Source
10.2.6.6.2 Rest of Europe Iodine Market by Form
10.2.6.6.3 Rest of Europe Iodine Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Iodine Market Overview
10.3.2 Asia-Pacific Iodine Market Forecasts and Analysis
10.3.3 Asia-Pacific Iodine Market Forecasts and Analysis - By Source
10.3.4 Asia-Pacific Iodine Market Forecasts and Analysis - By Form
10.3.5 Asia-Pacific Iodine Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Iodine Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Iodine Market
10.3.6.1.1 Australia Iodine Market by Source
10.3.6.1.2 Australia Iodine Market by Form
10.3.6.1.3 Australia Iodine Market by Application
10.3.6.2 China Iodine Market
10.3.6.2.1 China Iodine Market by Source
10.3.6.2.2 China Iodine Market by Form
10.3.6.2.3 China Iodine Market by Application
10.3.6.3 India Iodine Market
10.3.6.3.1 India Iodine Market by Source
10.3.6.3.2 India Iodine Market by Form
10.3.6.3.3 India Iodine Market by Application
10.3.6.4 Japan Iodine Market
10.3.6.4.1 Japan Iodine Market by Source
10.3.6.4.2 Japan Iodine Market by Form
10.3.6.4.3 Japan Iodine Market by Application
10.3.6.5 South Korea Iodine Market
10.3.6.5.1 South Korea Iodine Market by Source
10.3.6.5.2 South Korea Iodine Market by Form
10.3.6.5.3 South Korea Iodine Market by Application
10.3.6.6 Rest of Asia-Pacific Iodine Market
10.3.6.6.1 Rest of Asia-Pacific Iodine Market by Source
10.3.6.6.2 Rest of Asia-Pacific Iodine Market by Form
10.3.6.6.3 Rest of Asia-Pacific Iodine Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Iodine Market Overview
10.4.2 Middle East and Africa Iodine Market Forecasts and Analysis
10.4.3 Middle East and Africa Iodine Market Forecasts and Analysis - By Source
10.4.4 Middle East and Africa Iodine Market Forecasts and Analysis - By Form
10.4.5 Middle East and Africa Iodine Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Iodine Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Iodine Market
10.4.6.1.1 South Africa Iodine Market by Source
10.4.6.1.2 South Africa Iodine Market by Form
10.4.6.1.3 South Africa Iodine Market by Application
10.4.6.2 Saudi Arabia Iodine Market
10.4.6.2.1 Saudi Arabia Iodine Market by Source
10.4.6.2.2 Saudi Arabia Iodine Market by Form
10.4.6.2.3 Saudi Arabia Iodine Market by Application
10.4.6.3 U.A.E Iodine Market
10.4.6.3.1 U.A.E Iodine Market by Source
10.4.6.3.2 U.A.E Iodine Market by Form
10.4.6.3.3 U.A.E Iodine Market by Application
10.4.6.4 Rest of Middle East and Africa Iodine Market
10.4.6.4.1 Rest of Middle East and Africa Iodine Market by Source
10.4.6.4.2 Rest of Middle East and Africa Iodine Market by Form
10.4.6.4.3 Rest of Middle East and Africa Iodine Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Iodine Market Overview
10.5.2 South and Central America Iodine Market Forecasts and Analysis
10.5.3 South and Central America Iodine Market Forecasts and Analysis - By Source
10.5.4 South and Central America Iodine Market Forecasts and Analysis - By Form
10.5.5 South and Central America Iodine Market Forecasts and Analysis - By Application
10.5.6 South and Central America Iodine Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Iodine Market
10.5.6.1.1 Brazil Iodine Market by Source
10.5.6.1.2 Brazil Iodine Market by Form
10.5.6.1.3 Brazil Iodine Market by Application
10.5.6.2 Argentina Iodine Market
10.5.6.2.1 Argentina Iodine Market by Source
10.5.6.2.2 Argentina Iodine Market by Form
10.5.6.2.3 Argentina Iodine Market by Application
10.5.6.3 Rest of South and Central America Iodine Market
10.5.6.3.1 Rest of South and Central America Iodine Market by Source
10.5.6.3.2 Rest of South and Central America Iodine Market by Form
10.5.6.3.3 Rest of South and Central America Iodine Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. IODINE MARKET, KEY COMPANY PROFILES
12.1. SQM
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. IOFINA PLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ISE CHEMICALS CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. IOCHEM CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. ALGORTA NORTE SA
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. COSAYACH COMPAñíA DE SALITRE Y YODO.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NIPPOH CHEMICALS CO., LTD.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. KANTO NATURAL GAS DEVELOPMENT CO., LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TOHO EARTHTECH CO., LTD.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. GODO SHIGEN CO.,LTD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. SQM
2. Iofina PLC
3. ISE Chemicals Corporation
4. Iochem Corporation
5. Algorta Norte Sa
6. Cosayach Compañía De Salitre Y Yodo.
7. Nippoh Chemicals Co., Ltd.
8. Kanto Natural Gas Development Co., Ltd.
9. Toho Earthtech Co., Ltd.
10. Godo Shigen Co.,Ltd
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.